A Note on the Evidence Offered for the Claim That We're in an Economic Emergency

I noticed many of the claims that credit has been “frozen” are either from anonymous sources or based on underwhelming data, e.g., that the three-month dollar LIBOR has gone to almost four percent.

Addendum: A segment of the economy with some actual evidence of frozen credit has been identified: municipal borrowers. I'm not sure if that's a bug or a feature.