The results of these spiraling interest rates are threefold:--First, they force lenders to charge even higher interest rates on the money they lend;--Second, they divert funds away from homebuilding, making it very difficult for thousands of Americans to build, or buy, or to sell their homes;--Third, they weaken some of our financial institutions.
Remarks at the Signing of the Interest Rate Control Bill
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Keeping the Government's fiscal house in order is an absolutely essential first step to meet the problems that endanger our prosperity.
When this Republic was born, Thomas Jefferson looked about at the energy and the creativity that stirred among the people in the first years of our freedom.
I hope to some day be able to come there and see you in your own land, in your own atmosphere.
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