Jim DeMint: “I have to smile when I hear us, including you, talk about encouraging innovation and investment in the industry.”

I am concerned about that.

The problem clearly came from loose credit policies that resulted in subprime mortgages and toxic securities.

It's good to see a little indignance here about a country arbitrarily slapping a tax on us and us trying to protect our own sovereign ability to make decisions.

I think this is a system that has to work quickly. Because if you are in a house with no furniture and a new job, you are likely to pay the ransom in order to get your furniture.