N. Raines Quotes
The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
All genius is simple. It involves close observation and a momentous act of self trust.
Well, I think the best form would be to put money directly in the pockets of consumers.
And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.
So from the housing standpoint, steady as you go, I think, would be the best medicine.
Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.
Something is clearly wrong with Kansas and the rest of Middle America when it comes to letting economic self-interest guide their voting.
I have learned that I am also a person who has to be able to go fishing whenever I can and for as long as I want to go. It is a silly thing, but there it is.
When I am home alone I like to scatter my tackle across the floor and play with it. I may pretend I am working on it, performing preventative maintenance, but really it is playing.
We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.
That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this.
She was better with animals than people. Give her a sick cat or dog, she was golden. Not so much with her own species.
