Today, inKansas City, Missouri.
What We Got
We got some of our citizens purchased mortgages that they can’t afford now.
The Reset Inherent
Hopefully the reason — hopefully they didn’t get deceived, and if they did, the government has a responsibility to take care of that. In other words, we don’t want people buying a mortgage and the person who sold them the mortgage didn’t fully disclose the reset inherent in a subprime note.
Security Paulson and Secretary Jackson are bringing people together from the private sector, and they couple that with an information campaign, so that people who have a subprime loan know how to refinance and can find somebody to help them refinance.
What The Federal Housing Authority Has Got
The Federal Housing Administration has got the capacity to help refinance homes, and they need to expand the authority of the FHA to do it.
Of To Making Sure
And so trade is an important aspect of — to making sure our economy remains strong.
What He Have – Got
I hope you can tell I’m optimistic about the future of the country, realistic about the issues we face, and have — got a plan to deal with them.