Tom Coburn actually said...

the market fundamentals in subprime and the highly leveraged nature of CDOs was going to have a very unhappy ending.

Coburn emphasizes the negative outlook on market fundamentals in subprime lending.

04/26/2010

More Tom Coburn Quotes

Congress and multiple administrations have recognized the deferred maintenance problem for years.

So I think it has to be balanced.

But remember, this is a compounding, growing problem.

The National Park Service has $3 billion, a little bit less than $3 billion budget.