"We ought to say, 'Okay. You want us to put up the seven hundred billion [dollars]? Here are the conditions. Number one: there has to be an effort to-- there ought to be a...
More »"We ought to say, 'Okay. You want us to put up the seven hundred billion [dollars]? Here are the conditions. Number one: there has to be an effort to-- there ought to be a moratorium on home mortgage foreclosures, and every single one of these mortgages ought to be reviewed, and if you can write them down a little bit and somebody can make the payment, that will cost the taxpayers less and the economy less than a foreclosure. So first, rewrite it. That's what we did in the Depression; it actually made money for the taxpayers."
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