I am not against the private market but that was what the private market did when there was no government involvement.

Is it also a fair conclusion that in the average home, the more valuable homes that you are allowed to do, the ones that are closer to your cap are the ones that have a lower rate of default?

And I say that because all this discussion about somehow you have done something wrong is ridiculous if you believe that homeownership and middle class go together.

I think it is a fair debate that we are currently having as a society where the level of homeownership should be.

That would obviously address your concerns. Is that a fair statement?

I wouldn't associate myself too much with the rating agencies after what they did the last couple of years.

Especially with our current economic challenges, all of us in Congress are obligated, in my opinion, to create a legal and regulatory environment that strongly promotes job creation, business growth, and general economic prosperity.

I think it is a mistake to pretend that what is will always be.

So the consolidation could happen like it has happened in a thousand other industries before; there is no prohibition?

I think we would like to have an optional Federal charter for insurance companies.

I am concerned about tomorrow and the idea being that if we don't have information gathered with someone, some neutral people looking and asking questions confidentially, I totally agree with that, that we put ourselves at risk.