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"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."
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"I am often guilty of expecting the worst so as to avoid disappointment and welcome surprise."

"Expectations create and shape reality."

"Weren't you alwaysdistracted by expectation, as if every eventannounced a beloved? (Where can you find a placeto keep her, with all the huge strange thoughts inside yougoing and coming and often staying all night.)"

"That's the thing about being the product of happily marries parents, You grow up thinking the fairy tale is real, and more than that, you think you're entitled to live it. So far, though, it wasn't working out as planned."

"Not the action, but the expectation creates results."

"Live without expectations. Don't set parameters on your life by telling yourself that something can only be enjoyed if it is a certain way. Allow life to surprise you. Keep an open mind and enjoy all of life's treasures."

"Whatever you search for will either meet you halfway or wait for you."

"We expect more of ourselves than we have any right to."

"Expectations hurt, be it sorry, be it thank you."

"Expectation wasn't just about what people expected of you. It was about what you expected of yourself."
Explore more quotes by 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."


"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."


"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."


"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."


"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."


"The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid."


"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."


"We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy."
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