Robert Menendez actually said...

"I think our challenge here, my personal view, is that our goal is to protect the taxpayers but still have the opportunity for a middle-class family to get a 30-year mortgage."

"Second, I always hear that the Community Reinvestment Act is to blame for the crisis because it supposedly forced banks to lend to minorities whose loans were bad, when, in fact, isn't it true that on..."

"We continue to hear that private capital is on the sidelines awaiting for the Government to get out of the way before it enters the secondary mortgage market."

"So I guess this is one of those things that if you say a lie enough it ultimately somebody will believe it, because the facts clearly do not substantiate that."