What Gov Can Do (Realistically)?

make all banks mark to market and suspend the fed paying interest on reserves.

Both of those coupled together are not helping libor come down as banks don't know what other banks have on their books so they are cautious to lend to each other and that cautiousness is rewarded by hoarding reserves that FED pays interest on.
 
Quote from Daal:

Fed needs to create 'Credit Card Financing Liquidity Facility', hand out a Visa backed by the printing press with no limit to every american, that should hold up consumer spending :D
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Expect that to come out around christmas and it will be called the Christmas Preservation Act
 
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