actually $900 billion problem, and when you they in other debt if this it balloons even worse, and what really is fascinating, and what is scary, to deal with the problem, you do have to start making cutbacks. now. why? because they are not giving you the states and cities will default on the debt tomorrow but it sinnestable, if you did not get your hands around this, like, start making the cuts and there are precipitations not study, if you do not do that municipal default in the future, but it is not cards. insolvency is clearly in the cards because the unfunded liability is not sustainable. and the other side story, j.p. morgan chase never reletsed it but handed it to as we reported, 100 of the top customers and here is where they may have issues, maybe bigger issue than losing money on the london wail