Stupidity is doing the same thing over and over and expecting a different result.
We’ve been down this road at least twice so far.
Wait, let me guess... the Democrats are saying, “Yes, but this time it will be different.”
Maybe some of the lower income people who had their lives wrecked by this foolishness in the past can testify as to the madness of this.
You got it. I found this quote by the former FHFA director Ed DeMarco to be interesting.
"Do not confuse weakening underwriting standards and underpricing risk with helping people or promoting market efficiency."
“Wait, let me guess... the Democrats are saying, “Yes, but this time it will be different.”
Because now it has more electrolytes!