Richard Shelby actually said...

"I believe, however, that it does so at considerable cost to the taxpayer and mainly serves as a further bailout to the very banks that helped us get into our current condition."

"We know that."

"Until we have a firm understanding, Mr. Secretary, of what is driving foreclosures, I believe assistance plans will continue to be ad hoc and uninformed, for the most part."

"I believe our immediate attention should be to help those most in need who can be helped and are willing to help themselves."