Carl Levin actually said...

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

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

"I believe that the data and analysis that they have presented make another compelling case that excessive speculation has caused our commodity markets to become unmoored from those who actually make a..."

"Nor are we alleging that index investors caused high cash commodity prices or that they are somehow responsible for more expensive consumer goods."