Ben Bernanke actually said...

If there is not credit, then that affects the ability of people to buy autos and other goods and services.

Ben Bernanke highlights the importance of credit for economic activity.

12/02/2009

More Ben Bernanke Quotes

Remittances are an important contact point between many unbanked, particularly immigrant families and the financial system.

It is very important that they understand the services that they are receiving and what the terms of that service are.

I think it is very important for a lot of good reasons.

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.