Anyone familar with this person or his thoughts?

Nope who is he?

Peter J. Wallison was White House counsel for President Reagan, and is the author of Ronald Reagan: The Power of Conviction and the Success of His Presidency.

Here's a recent article he wrote on Fannie and Freddie.

http://online.wsj.com/article/SB122117569863425755.html?mod=opinion_main_comment aries