Housing policy, i mean we have all these massive distortions that we put in place. you know, this interest -- mortgage interest is deductible, you don't pay taxes on it. you don't pay capital gains tax when you sell your house. the loan is non-resource, you can walk away from the loan. then you have fanny and freddie mac pouring money into the system. is it a surprise that it caused this enormous bubble and shouldn't the fundamental reform really be that we have to rethink all of that? >> i agree, that's the argument in doing reform in these stages because it is a very complicated mix of decis...