"Politeness does not always inspire goodness, equity, complaisance, and gratitude; it gives at least the appearance of these qualities, and makes man appear outwardly, as he should be within."

Previous Quote

The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans.

— Michael Hudson