On the recordOctober 17, 2011
Mr. President, I could spend my whole time talking about the housing crisis--as the Senator from Arizona has so appropriately commented--that has hit his State and mine and many others. I happen to agree it is going to be hard for us to recover economically until we can start to work off this huge inventory of houses out there and the dire economic straits it has put the owners of those houses in. It is a truth in America that so often our family assets are in our home. When that home goes away--because you can't sell it or its value has plummeted and the bank is coming after you and you can't get loans for your small business--then people are going to be hurt. That is what is happening to our people right now. Mr. McCAIN. Will the Senator yield for a question? I know he has another subject he wants to address, but would he yield for a question?
