Carl Levin actually said...

Eighty billion dollars is not a drop in the bucket, and we need to make sure it is spent in the right ways.

Emphasizing the importance of proper spending of IT funds.

05/23/2012

More Carl Levin Quotes

And we have shown the correlation between the huge influx of money from the index funds to the increase in the futures prices.

Do you believe that it was a big factor prior to 2004?

And yet we see this major change in the basis while the same contract was in effect, is that correct?

It is a cause, but it is not exclusive.