Chuck Schumer actually said...

"But the same type of situation that we saw with Springsteen, this is not the first time it happened?"

"This time our recession is being caused not by rising interest rates but, rather, a massive credit crunch."

"Saying that we will be back moving forward in 2010 is pretty much a V theory, not an L theory, if we stabilize the system."

"But it didn't--but it happened before, right?"