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Franklin Raines

"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."

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"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."

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Asa Don Brown

"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."

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Personal Development

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Asa Don Brown

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."

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Personal Development

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Asa Don Brown

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."

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Personal Development

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Asa Don Brown

"Not every single broke and unemployed person needs a job, some need customers."

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Personal Development

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Asa Don Brown

"A reputation for money is almost as negotiable as money itself."

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Personal Development

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Asa Don Brown

"Capitalism is the most powerful tool for positive social change."

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Personal Development

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Asa Don Brown

"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."

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Personal Development

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Asa Don Brown

"In two years, we have managed to overcome the odds and register an impressive economic performance."

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Personal Development

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Asa Don Brown

"India is undergoing a profound social and economic change. A billion of its citizens are already politically empowered. My dream is to economically empower them through many social and economic transformations."

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Personal Development

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Asa Don Brown

"The economy of a novelist is a little like that of a careful housewife who is unwilling to throw away anything that might perhaps serve its turn."

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Personal Development

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Franklin Raines
"Well, there are about 10 million children that aren't covered by health insurance. About 3 million qualify for Medicaid but don't get it, so we're going to reach out and bring more of those kids into the Medicaid program."

Health

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Franklin Raines
"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."

Economy

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Franklin Raines
"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."

Interest

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Franklin Raines
"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."

Home

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Franklin Raines
"I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negative reaction in the bond market and that will offset the good that was attempted to be done."

Negative

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Franklin Raines
"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."

Reading

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Franklin Raines
"Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others."

Government

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Franklin Raines
"Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off."

People

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Franklin Raines
"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."

Now

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Franklin Raines
"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."

Economy

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