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["Lisa K.V. Perry" <lisakvperry AT gmail.com>]

Looks like the FEd is spending money anyway!

>From bloomberg.com:

Fed Pumps Further $630 Billion Into Financial System (Update3)

By Scott Lanman and Craig Torres

Sept. 29 (Bloomberg) -- The Federal Reserve will pump an additional $630
billion into the global financial system, flooding banks with cash to
alleviate the worst banking crisis since the Great Depression.

The Fed increased its existing currency swaps with foreign central banks by
$330 billion to $620 billion to make more dollars available worldwide. The
Term Auction Facility, the Fed's emergency loan program, will expand by $300
billion to $450 billion. The European Central
Bank<http://www.bloomberg.com/apps/quote?ticker=EURR002W%3AIND>,
the Bank of England and the Bank of Japan are among the participating
authorities.

To read remainder of article:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9MTZEgukPLY&refer=home