06/09/2009
https://www.congress.gov...
"I certainly could not say that Republicans were to blame."
"There is no question that we subsidize the housing industry."
"But that is something that, again, I think much of what we do here is to try to create the environment and let the private sector generate the risk--or take the risk."
"It seems to me that what we have done with our housing policy is we subsidize housing so much that we actually drive the price of it up."