07/17/2013
https://www.congress.gov...
"Madam Chair, I would just point out, here is an example where our military, a sore, serious problem, they responded intelligently and by and large what they did has worked."
"that seems to me to be totally absurd."
"I frankly don't know what they are talking about."
"I said that, really, the only solution to this, the negative equity states, will be massive principal reductions."