Bill Delahunt: “Neither did Paul O'Neill, the former Secretary of Treasury who served on the National Security Council.”

That is why I take offense when I hear it is the Community Reinvestment Act that did this. That is baloney.

I wanted to note that in hearings before the Committee which I Chaired there were a number of military prosecutors that testified that described that entire process as a sham, a joke and a fraud being perpetrated.

I think it says something about our system, our political system and how, you know, how there are powerful interests that oftentimes, I believe, don't really understand their own interests in the long term.

God forbid they have a total collapse on the real estate market, we are going to be back to where we were in September of 2008.