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"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."
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"She'd obviously read the book many times before, and so she read flawlessly and confidently, and I could hear her smile in the reading of it, and the sound of that smile made me think that maybe I would like novels better if Alaska Young read them to me."

"If one cannot enjoy reading a book over and over again, there is no use in reading it at all."

"Sometimes it is the reader that sucks, not the book."

"If someone wrote it and it had a peculiar twist, I've read it."

"The unread story is not a story; it is little black marks on wood pulp. The reader, reading it, makes it live: a live thing, a story."

"I enjoy books as misers enjoy treasures, because I know I can enjoy them whenever I please."

"He who fears he shall suffer, already suffers what he fears."
Explore more quotes by 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."


"Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get."


"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."


"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."


"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."


"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up."


"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."


"Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages."


"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."
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