Ben Bernanke: “It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during…”

Banks are not going to lend out the reserves at a rate lower than they can earn at the Fed.

monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems

A default by the U.S. Government would be extremely disruptive.

the unemployment rate right now is not a very good measure by itself of the economy.