I Don't See (subprime Mortgage

I Don't See (subprime Mortgage Market Troubles) Imposing A Serious Problem. I Think It's Going To Be Largely Contained.

There's Always Light At The End Of The Tunnel, Right? It Just Depends On How Long The Tunnel Is.

There Are Two Issues That People Sometimes Confuse, But They're Very Closely Related. There Is The Strength And The Stability Of The American Financial System. And It's Very Important That That System Remain Stable And Remain Strong And Lending Is Very Important To Consumers. Secondly, The Economy. And What Has Gone On In Financial System Is Impacting The Economy. And As The Economy Is Turning Down, It Is Very Important That Lending Continue To Be Available And Be Available To Consumers. So What We're Doing With This Facility Is To Support - Is To Support Consumer Lending.

China Saves Too Much, Produces Too Much, Sells Too Much To Americans And Consumes Too Little.

There Is No Way To Stabilize The Markets Other Than Through Government Intervention.