Chuck Schumer actually said...

It is sort of befuddling as to why it is not working, but it clearly isn't working the way it should be and so you need to change things.

It doesn't seem to me to be too hard to figure out a fair rent.

The standards by which these loans were allowed to go forward were lax and unrealistic.

I happen to be one that believes that the idea of principal reduction makes a lot more sense than interest rate reduction.