More People Are Working, Lending Is Up

You Can Design A Mortgage System That Is Different Without A Fannie And Freddie, But There Are Principles You Have To Have, To Have A Good System.

They'll [china] Probably Be A Fully Developed Nation. The Road There Just Is Not Going To Be That Easy. You're Going From A Macromanaged, Top-down Economy To A Market-managed, Micromanaged Type Of Economy, With All The Potential Corruption Issues, Soe [state-owned Enterprise] Reform, And Market Reform That Come With It.

Dodd-frank Is 2,000 Pages Long. It Covers Thousands Of Rules, Regulations, Interpretations And Things Like That.

Companies That Build Scale For The Benefit Of Their Customers And Shareholders More Often Succeed Over Time.

I Speak To Lots Of People Around The World, And No One Would Tell You That 25 Basis Points Will Make A Difference To Them.