Ben Bernanke: “I think in some cases that has been the case, and that as I have said, the Federal Reserve, we understand--we have a…”

Undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation

Financial risk tends to migrate around regulatory obstacles like a river flows around rocks.

Lower paid workers, as well as women and minorities, are over-represented in the most affected sectors, and, thus, have borne a disproportionate share of the job and income losses.

Congress needs to do whatever it takes to address the economic crisis.