Richard Shelby actually said...

Why should we continue to prop up banks that are basically insolvent, some of our large banks that are walking dead, so to speak, give them a transfusion, and there is no end in sight?

03/09/2009

https://www.congress.gov...

More Richard Shelby Quotes

"I think it starts with the best customers in the world, and we recognize that."
"the 30-year fixed-rate mortgage would not be available to consumers."
"Today's hearing, as you said, will examine the pros and cons of the Federal Government continuing basically to subsidize the 30-year fixed-rate mortgage."
"I do agree with the economist here that a lot of consumers do not understand the adjustable-rate mortgage."

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