I would commend Representative Hensarling for his early and prescient attempts to wind down Fannie and Freddie.
Editor's note · Context
Garrett praises Hensarling's efforts to reform housing finance.
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Not only do I find that appalling, but obviously from a bipartisan perspective, members from both sides of the aisle find it appalling that more information does not come out and the transcripts do not come out.
The proposal before us is the resurrection of a bank that embodies the corruption of the free enterprise system. Yes, we have the opportunity today to save capitalism from cronyism. Yes, we have the opportunity to protect the American…
During this non-recovery recovery, to borrow Chairman Hensarling's words, ... the SEC should be focusing its attention less on funds serving sophisticated investors.
So, if your policies, as Ben Bernanke indicated it does and you are nodding your head as well, benefits the stock market, raises asset prices, who are you benefiting? The rich. Who are you hurting? The poor.





