Jeff Merkley

Imagine if Congress always put the interests of polluters ahead of the health of our families. Our rivers and lakes would be choked with sewage. Acid rain would pour down from smog-filled skies. Hundreds of thousands more of our neighbors, friends, and loved ones would be victims of cancer, heart disease, and asthma.

Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward.

I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.