Anything that we can do to raise personal savings is very much in the interest of this country.
Alan GreenspanThe current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
Alan GreenspanEven though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
Alan Greenspan