Ben Bernanke actually said...

The Japanese mistake was not acting quickly enough or aggressively enough, and I think that is not our problem.

I think it is very urgent that we look at these issues and make some tough decisions.

We have already seen the stresses we saw in September. In September, we saw AIG and Lehman and other financial firms under great pressure.

If Government spending is higher, it needs to be recognized that that will involve higher taxes in order to maintain a close, reasonable bal...