A Paragraph that should cause you to shake in your boots

Judging from the sobering statements of administration and congressional leaders last night, there is a strong political instinct at the White House and on Capitol Hill to do something. Everyone agrees that there's a better solution than having the Treasury and the Federal Reserve continue to do these ad-hoc, midnight rescues, stretching their balance sheets and their legal authority. And everyone agrees that we better do something quickly, before there's even more of a run on the money markets and the stock market does another nose dive.