Richard Shelby actually said...

"The focus of the crisis has been on the relatively small economy of Greece, but the European Union Governments fear that it could quickly spread across the continent."

"During the past year, the European Union has been embroiled, as we all know, in a fiscal crisis brought on by years of reckless Government and budget deficits and sluggish economic growth."

"Can you get that information to the Committee?"

"If Congress enacts housing finance reform, which we desperately need, could such an action perhaps help the housing market recover?"