Michael Capuano actually said...

You like the system the way it was before they met their excesses. You like the idea of a government backstop to mortgages.

Capuano criticizes the reluctance to change the mortgage system despite widespread agreement on the need for a backstop.

11/01/2017

More Michael Capuano Quotes

I can't imagine that anyone would defend a stupid law, and therefore we should change a stupid law.

I think it speaks for itself, when you lose 40 percent of the companies doing the business, that there is an inherent problem that everybody...

And this is precisely why I believe it is imperative that we fully implement the regulatory reforms within the Wall Street Reform Act in ord...

Well, I--that is a very nice way to--in my opinion, I think you just said it was a stupid idea, but that is OK.