Ben Bernanke actually said...

Foreclosures continue to be very high. There have been sincere government efforts to try to address the problem.

Bernanke discusses the ongoing issue of foreclosures and government efforts to mitigate them.

01/06/2011

More Ben Bernanke Quotes

From a fiscal perspective, the reforms to health care need to address the cost issue.

They will get extra income.

The historical experience is that the labor market tends to lag the business cycle.

The Fed is involved very unwillingly because there is no good system for addressing the failure of a major financial institution.