Those who want to foster a system of continuing government guarantees in the secondary mortgage market certainly bear the burden of persuasion that somehow we can expect a different result.
Editor's note · Context
Hensarling criticizes reliance on government guarantees in the mortgage market after past failures.
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If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
Mr. Speaker, well, after hearing those kind comments, I would be happy to yield the gentleman even more time. I say that tongue-in-cheek. Mr. Speaker, I have learned that if you want kind things said about you, announce your retirement…
Mr. Speaker, I yield 2 minutes to the gentleman from Florida (Mr. Ross), the vice chairman of the Housing and Insurance Subcommittee of the Financial Services Committee and the true author of competitive flood insurance.
Mr. Speaker, I thank the gentleman for his kind words, and far more importantly, I thank him for his leadership. He is truly one of the workhorses for economic growth in the United States Congress. Again, I take great solace, as I will…





