former ginnie mae president. not want to do the math, but i have partnered with others, and we will be putting out a paper on this broad topic, but we are beginning to look at the size -- there is not a lot of detail -- but we have started to think about it. we are more confident that capital will be available. obviously, different situations in terms of what credit to investors will be, who will take that first credit risk. that is an important question. to us, if theible right regulatory structure was in place. >> to start from a broader picture -- and i will put myself out there as the controversial position saying -- i am pro home ownership, just not high leverage. the explicit objective of mine would be that we do not have an $11 trillion mortgage market, but may be closer to $7 trillion. that would imply lower home prices, which is a good thing. homes are a basic necessity of life and i would like to see them be cheaper. starting from that number, to me, looking at who founded the gse's -- there is a tremen

. >> good afternoon i'm ginnie and i'm the project sponsor. >> good afternoon, commissioners david. i'm working with her who was owned and operated the gas station on this site. the site with within the balboa planning program. the plan was enacted in 2009 and includes all the ocean avenue commercial neighborhood districts where the gas station is located and balboa park and college >> would be the primary objectives to improve the neighborhood. that will make a good contribution. the project will provide retail services, contribute to the vitality of the district. the additional units is a major component of plan. it is quite unique in this all the units are designed for families with children. there are 3 bedroom units. foot traffic along the ocean will be significantly enhanced. the nearby foods building which is 3 showers of use and the al lesson building at 1100 ocean avenue and another example of recent construction of four story buildings. both of those projects have been successful and have contributed to the improvement of the neighborhood district. crime has been reduced a

if you ginny's are really attempting to have treatment be restored to them as human beings and rather than being punished and treated like animals i have had my client tell me many times they treat animals better than they are treating the detainees my client has been kept in solitary confinement many of his items were taken away from him including attorney client mail he was not allowed to have a tooth brush toothpaste or so in his cell for many many weeks i don't know yet you can if he's got enough to this day. they have made the conditions a dime's very reason cold for them in the cells they are requiring that they submit to very humiliating searches of their genital area in order to meet with their attorneys or op with them on the telephone. it is just humiliating it's been difficult for them to sleep at night they are sometimes taken for their showers in the middle of the night so they have to decide between sleep and getting a little bit of clement s. it's just been very cute. how scuffles have broken out in the euro zone financial capital on the second day of anto staring prote

bt corn and cotton plants that carry a gene to make them exude a bacterium called best silis third ginnie says which is toxic to insects well of the thirteen major pest species they studied five had already grown completely resistant by two thousand and eleven although it's thirty not including george osborne who if you include george osborne there's fourteen major pest species and he like all these other pests are immune to these. toxicity toxicity. by not biologically engineered pathogens that are used stuff simply to better society by making food cheaper and readily available but ends up as you say the hoops my bad theory of economics where it doesn't work they profit from the chaos as any good arson would arsonist and we have to suffer the consequences well importantly how is this so important to my bad is that monsanto or side gent and the other genetically modified sort of corporations they own the patents to it so if they're genetically if they own the patent on the meat then they get there the only ones that are allowed to provide the solution now we solved months and to recently

melissa: glow in the dark labor ginnie. look at that. it glows in the dark.riend license plate then they discovered the driver had no license, no insurance, is seriously? twenty-four year-old member of the royal family. still medicated not have a license plate on the front. >> it looks like of car from the animated movie cars it is between obnoxious wealth and obnoxious behavior regis of that because he obviously didn't think he had to follow rules. >> that is just in juvenile behavior. >> i was a perfect. >> and rives around the purple:the dark labored tv without a license orr3 insurance? >> typical 24 year-old. melissa: moving on. [laughter] not yes but yes, sir. and this was a study to determine where's that build consensus of our them more persuasive and that signals it agreement with the meeting. >> i use surprised? >> yeah. >> but yes is the word. >> day you know, who is ahead of the curve? austin powers. yeah, baby that is a great tagline. that got the ball all jazzed up. yeah, a baby. >> since 11 million meetings take place eveey day. melissa: it mean

and a performance from singer/songwriter ginny blackmore.chael at the co-host desk. all next on "live." [captioning made possible by isney-abc domestic television] [cheers and applause] announcer: now here are michael trahan and erin andrews! [cheers and applause] michael: hey! erin: ley!

we're just repeating the same mistakes we made with ginnie mae and a federal subsidizing of mortgagesthis is just another boondoggle waiting to happen. i will wait for your response. iest: it is a real concern, agree, there have been comparisons made in the recent year with student loan bubble and the mortgage bauble. while they are playing out the sink, it is important to note that they are definitely two different types of debt being incurred. you mentioned less people being able to qualify for loans. and getting the government out of the banking system but what we should also remember or is important to remember is that it was not too long ago where students were really being saddled with more debt than we have ever seen under the private loan system. in 2006, i think, there were a lot of media reports claiming the student -- the private student loan scandal and this is one of the biggest reasons that the government got into the federal student loan system to begin with, to provide more protections for students who were really getting hammered with interest rates on the back end of