These numbers are so astounding I think the country has become numb. Fed to Provide Up to $540 Billion to Aid Money Funds:
The Federal Reserve will provide up to $540 billion in loans to help relieve pressure on money- market mutual funds beset by redemptions.
``Short-term debt markets have been under considerable strain in recent weeks'' as it got tougher for funds to meet withdrawal requests, the Fed said in a statement in Washington. About $500 billion has flowed out of prime money-market funds since August, a Fed official said
$540 Billion dollars. Let's just repeat that $540 billion dollars.
Where are we now in the national debt, the deficit? I think we're going for $3 trillion real fast here.