When even corporate treasurers are taking their money out of short-term securities and parking it in no-interest cash, you know the big boys are discovering the same anxieties Mom and Pop have known for a year as they ran out of safe havens for their assets.
Some electric-vehicle owners say the airport should expand its free-parking program to cover all eight of its short-term lots, not just the two with charging stations.
Bond trading made the situation seem dire, although it may well have been affected by investors fleeing the stock and commodities markets and parking their cash in short-term Treasury securities, fearing to trust banks in light of the current economic turmoil.
Other than parking cash for a few years in short-term bond index funds to beat money markets, lazier investors might do better with actively managed broad-spectrum bond funds.
In the short term, the plan proposes an electronic tax-collecting system, a fuel premium for private cars, imposing parking charges and creating more bus lanes.