Dear Chairman Bernanke and company, don't let history repeat itself.
Don't make the same mistake that Alan Greespan made which is encouraging poor people to buy houses when they don't qualify or cannot afford to.
Housing market goes up and down in value. Right now it is a good banking habit which have tight qualification for mortgage loans. When housing market goes down, it is better for rich people to lose their equity than poor people because they can afford and stand the financial stress. They don't necessary have to sell their house investments when house value goes down. Rich people losing money will not cause financial crisis on our economy. So please don't force our banks to make the risky loans.