Kit Bond: “Are you sure you aren't going to be squeezing something? OMB is going to have to start smiling on you and us a lot more…”

That number needs to be publicized because that is the greatest prophylactic to let people know if they are going to do it.

It seemed to me that that policy was designed to bail out lenders on their risky investments but did little to save a home with a risky loan for the homeowner.

The only thing I would add, I took a very high-level law school course on banking and bankruptcy.

We are drowning in debt, and buying our way out is not working.