Judd Gregg
The Public Record
Maybe I do not understand, but I presume the way you are going to get the private sector to participate is you are basically going to make it profitable to them, or at least potentially profitable to them, by removing their downside risk…
my view is that that is an extraordinarily counterproductive statement to make in this market and will have a massively chilling effect on the willingness of private capital to participate.
Another proposal that is out there to stimulate the housing industry that I find attractive is to develop a national program, which could probably be run through Fannie Mae and Freddie Mac, where we would essentially create a mortgage rate…
Shouldn't any stimulus package not add to the long-term baseline? Shouldn't it be basically focused on the immediate problem, be temporary, be targeted, and have a horizon which is definable rather than be a baseline builder in the…
I like your idea of a holiday on the FICA tax. I think that makes a lot of sense.
I do think the Government has to step into this mortgage issue much more aggressively than we have.
I think one of the reasons we are having problems with the marketplace is there is such uncertainty about where the Government is going to go.
I think we have to figure out where the Government can be most constructive in addressing the core problems.





