Robert Menendez actually said...

"the need for us to be able to acquire mortgages while people were still in their homes, to get ahead of the problem"

"If we have a northeaster, our defenses are so far down that it would be like a person's immune system being susceptible to any type of illness."

"Do you have a different view than Moody's data that shows that the FHA's presence in the market prevented housing prices from dropping another 25 percent?"

"the use of a commercial port for forward projection from the East Coast is the Port of New York and New Jersey, and when it cannot operate well, it is part of a national security imperative as well."