First, they note that the legislation did nothing to revamp the nation's deposit insurance system, perhaps the primary cause of the savings crisis.
The first House member will face an ethics committee inquiry over his involvement in the savings crisis.
But he argues that the problem is not with state insurance, citing the failure of Federal regulators to stop the savings crisis.
While those premiums would not be used toward the savings crisis, they are still counted as income to the Government.
The backlash from the savings crisis is only the latest in a series of adverse developments for the housing industry.
The practice helped cause the savings crisis to snowball.
The savings crisis is so widespread that accounting firms of every shape and size are potential defendants.
After all, they say, the savings crisis wasn't created by accountants.
The savings crisis was too complicated for a catchy slogan or a television sound bite.
The Silverado failure is among the largest in the savings crisis, expected to cost taxpayers up to $1 billion.