Richard Shelby actually said...

"Yes, I believe they do work. They nearly always work. But you have to have trust, integrity, and transparency in the market."

"The trend has got to come back to strong banks, strong capitalized banks."

"I have argued myself that any efforts to fix our financial system should begin with an evaluation of what exactly went wrong."

"Based on current projections and absent any catastrophic home price decline, FHA will not need to ask Congress and the American taxpayer for extraordinary assistance. There is no need for any bailout."