One more time? We've done this. We've done this at least four times where there's a new government program to help homeowners who have trouble with their mortgages. None of these programs have worked. I don't know why anyone would think that this next idea is going to work. All it does is delay the clearing of the market. As soon as the market clears and we understand where the prices really are - that will be the most important thing we can do in order to improve home values around the country.
John BoehnerALEC, has been I think a wonderful organization. Not only does it bring like-minded legislators together. But the private sector engagement in partnership in ALEC is really what I think makes it the organization that it is.
John Boehner