Year. At this time theyre recognizing. I would like to thank the witnesses for sharing their insights today. 2011 i led a resolution welcoming the independence of south sudan, and urging that its leaders address some of of the long standing challenges in order to put them on a path towards longterm stability. And just three years down from the date of the referendum, as you mentioned. Secretary, deeply dispinted by the senseless violence, by the rapidly expanding political challenge in south sudan. A thorough engagement. Ambassador booth is showing and for our ability to step up to the plate quickly. And start, if you would for me, secretary, with just a quick summery as to why south sudan matters to the United States. Why this crisis matters to people of the United States. Thank you for that question. For 30 years the United States has been supporting the people of south sudan. For south sudan became an entity. Supporting the right to exist. The right to freedom of religion. And their
To move toll be able the secondary market more ably. For firsttime home borrowers, i agree with ann. I feel the baby be cultivated so carefully has been thrown out of your bathwater responsible lending that took over the markets. I do not think we have to look find botho experience, underwriting guidelines, demonstrations that would give us a good roadmap on how to increase access to credit to firsttime homebuyers. The sooner we get to that, the better the sooner the country will be served better. You went over the history of the bubble and subsequent crash and how we came to this was edition. Experienced the bubble and crash again. We plan to monitor unintentional consequences. For theclear variable congress perspective is that home prices are rising. It is good for the economy. There is a negative side. We want we do not want to have to wrap it of a rise in rapid ofes and too a rise in home prices. Are indicatings that they are having a very accessing the construction loan as part of
Ever before. Ions you wrote in eros of equal opportunities is among the greatest stresses to our exceptionalism as a nation, but it also provides us with an exciting and opportunity up historic opportunity to help more people than ever achieve the American Dream. The millions trapped in poverty and despair are a tremendous untapped resource for america. Just think of what it would mean for our country to gain the full use of the talents and abilities of all people. They would develop new innovations to improve our lives , help build the next Great American company. They would be doctors in our hospitals, scientist in our labs. Customers for our businesses and partners in our investments. Leaders in our government, pastors in our churches. We are a great country, despite the fact that we have over 40 Million People stuck in poverty. Imagine how much greater we would be if they were not. Imagine how much greater we would be if the dreams and talents of over 40 million human 40 million hu