Gary Gordon Quotes (7 Quotes)

It's hard to imagine that there will be a move towards yanking that guarantee, or weakening the implied guarantee, because it just makes too much sense for the average U. S. citizen. Their benefit is they save money on the mortgage rate because of Fannie and Freddie's status, but bear the risk of either or both of these businesses going bankrupt. The odds of that are so small that the benefit, in my view, greatly outweighs the cost, and it's hard to see Congress changing that story. And Fannie and Freddie's debt is the really the cheapest form of debt outside of Treasury debt.

A big spending driver over the past two years -- about 400 billion this year -- has been homeowners taking cash out of their homes, with the great bulk of it spent.

The only thing we could do is acknowledge it or pretend it wasn't there. But what could we do that would be more powerful than what the Health Department already does

We can always take a doctor's license, but let's assume that we live in a country in which, if you've paid your debt to society, that you can be rehabilitated.

Nobody called on this one like they do if there's a new health regulation that they feel is unfair.

I understand that the businesses are open again. So presumably the problem is taken care of.

Michael Durant, who broke a leg and his back when his Black Hawk crashed, recalled in his 2003 memoir that as he recovered, I had begun to really understand how much my comrades resented the actions of the Clinton administration, and their anger and bitterness over the refusal to provide us with the armor and the air support we needed. ... I wasn't going to stand on the White House lawn and make it appear that all was forgotten and forgiven, while my comrades were barely cold in their graves.