Jill . . . visited Sam in Berlin in April along with Max (the younger son) and her parents. She also participated in a 2-day collaborative divorce training with divorce attorneys and mental health professionals (see article below.)

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New rules established by the Securities & Exchange Commission to improve the safety of money-market funds went into place recently. Specifically, money funds must now hold at least 10 percent of assets in cash or highly liquid securities that can be converted to cash within one day. And at least 30 percent of a money fund's assets must be held in cash or Treasuries that mature in 60 days or less, or that can be converted into cash within a week.

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There is increasing concern about the economic consequences of our burgeoning US debt and the unsustainability of maintaining this debt in the long term. The financial crisis and recession triggered a severe decline in tax revenues and an increase in stimulus spending that caused the federal annual budget deficit to soar from 1.2% of GDP in 2007 to almost 10% in 2009-its highest level since 1945.

More Fear, Regret, and a Beacon