Political Quotes

Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict between private shareholders and public policy and likely diminish the systemic risk, as well. Other benefits are that…

The economy needed help from Congress, if not from additional spending on roads and bridges, for example, then at least in areas such as retraining unemployed workers.

Banks are not going to lend out the reserves at a rate lower than they can earn at the Fed.

Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.