Ben Bernanke actually said...

I know from a political point of view that American taxpayers do not want to be on the hook for these kinds of bailouts in the future.

Bernanke emphasizes taxpayer opposition to future bailouts.

09/29/2010

More Ben Bernanke Quotes

the Nation was on course for a cataclysm that could have rivaled or surpassed the Great Depression.

If you do not act in the next 2 weeks, we will have a global financial meltdown.

The payoff to early childhood programs can be especially high.

So, it's not trivial. That would wipe out all the job gains from last month.