This is no longer an active blog.
It was my original plan to delete it, but there is enough useful information documenting bailout efforts since March 2008 that I've decided to keep it up, with the caveat that the "Core Theory" posts should be ignored because the Cash-Inventory Equivalency is in error.
Its replacement, where I will be posting similar content but greatly de-emphasizing if not eliminating monetary theory discussions, will be here:
Countdown: Zero Hour.
Thank you readers for your support.