#mon

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes. ↗

— Fareed Zakaria

#cut #draw #economy #government #government spending

The Berlin Wall wasn't the only barrier to fall after the collapse of the Soviet Union and the end of the Cold War. Traditional barriers to the flow of money, trade, people and ideas also fell. ↗

— Fareed Zakaria

#also #barrier #barriers #berlin #berlin wall

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. ↗

— Mark Zandi

#back #bad #because #bonds #cataclysmic

In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break. ↗

— Mark Zandi

#break #forbearance #full #giving #helps

When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society. ↗

— George Soros

#foundation #free #had #i #made

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. ↗

— Mark Zandi

#although #been #demonstrates #during #economy

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments. ↗

— Mark Zandi

#better #better way #buoy #currently #fixed

There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them. ↗

— Mark Zandi

#around #belongs #blame #bubble #causing

We will have close to 3 months of rehearsals to learn about 30 songs. Frank usually rehearsed a band for at least 3 months. If it took him that long to be comfortable we probably would need double the amount, but It's just not financially possible to do so. ↗

— Dweezil Zappa

#amount #band #close #comfortable #double

I made enough money to buy a house. That's crazy, but fame proved ephemeral. ↗

— Moon Unit Zappa

#crazy #enough #ephemeral #fame #house