Tom Coburn actually said...

That futures markets cannot function without speculators who make markets, provide liquidity for hedgers, aid in price discovery, and take risks.

Coburn defends the necessity of speculators in futures markets.

11/02/2011

More Tom Coburn Quotes

Actually, the President, Senator Carper, myself, and Senator McCain put through USAspending.gov.

Part of your statement was the fact that you think this is going to change the way the government operates.

If you do not get a buy-in of companies' capital on research... they are not ever going to be as efficient.

I agree with the President. That is exactly what we do not want to do. We want fixed-price contracts.