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.

The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.

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 the danger for the housing industry is if we see interest rates rise.

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.

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.

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.

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.

Such are the brutalities of war

Furthermore, when citizens are all almost equal, it becomes difficult for them to defend their independence against the aggressions of power.

[The Aviator] came about through John Logan, who I've been friends with for many years.

To put someone in jail for using drugs in the privacy of his hotel room is just barbaric.

What you focus on you become. So always focus on that which is highest, brightest, happiest and most noble of all things, enlightenment.

I'm terrified about psychic people who have their little shops.

I don't think of myself as a terribly confident person. But I have a survival mechanism that was instilled in me by my mother.

My dad played in different clubs and open mic nights. But he mostly walked dogs. A lot of dogs.

If they're going to remember the problem, make sure they remember it fondly.

And I wonder if there is really any point to what I'm doing, or what I'm supposed to make of a world where a man can get rich playing "let's pretend