"... that scary post of yours ..."
doug noland has been on this story, literally for years, in his "credit bubble bulletin". (google for that, if interested.) unfortunately, everyone who was warning of the problems was relegated to the fringe, and the only ones who were listening were the permabears.
it looks like this capital injection into the banks and gov investment in the markets complete's bush's second term promise of dumping the social security lockbox (such as it is) into the markets.