#sing

The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control. ↗

— Mark Zandi

#came #control #fiasco #housing #industry

The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake. ↗

— Mark Zandi

#anyone #bush #bush tax cuts #cuts #economic

The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses. ↗

— Mark Zandi

#because #below #currently #distressed #fall

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

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating

I liked a lot of the things other people liked - Jimi Hendrix, The Beatles, Van Halen, AC/DC - but if I compared it to my dad's music, there just seemed to be elements missing. ↗

— Dweezil Zappa

#compared #dad #dc #elements #halen

Modern records are all made with virtually identical gear, software plug-ins and everything. Everybody wants everything to sound like the last thing that was popular because they're chasing their tails. ↗

— Dweezil Zappa

#chasing #everybody #everything #gear #identical

While it is true that Frank had a great sense of humor, he was also very serious about composing music. In reality there are only a handful of skilled players who can play his most complex pieces. It takes a lot of patience to learn and requires a fantastic memory. ↗

— Dweezil Zappa

#also #complex #composing #fantastic #frank

The computer can't tell you the emotional story. It can give you the exact mathematical design, but what's missing is the eyebrows. ↗

— Frank Zappa

#design #emotional #exact #eyebrows #give

I didn't have any concept of age or authority. I remember realising, Oh, the world has rules and we don't. ↗

— Moon Unit Zappa

#any #authority #concept #i #i remember