Richard Shelby actually said...

"Is your premise basically trying to take risk out of a marketplace? And if there is no risk, there is no marketplace, is there?"

"This is a real departure from, as you said in your paper, from the model that we have relied on for a long time."

"But you are really saying that you don't trust the consumer to make decisions for themselves, in a sense."

"We have tried to let the market work, let the consumer, an informed consumer, make decisions, not a bureaucrat make the decisions."