So I got into my car today and backed up about 4 feet and alas, i hear a huge POP sound, and I no longer have power steering, and my power brakes aren't working. I pull back into my parking spot, shut the car off, get out, and notice a HUGE amount of red fluid all over the ground! Car runs fine, just no power steering or brakes. OK guys, has this ever happened to you & what's the problem? I haven't had a chance to look at it, because I had to go straight to work, so i'm assuming it's a hose or two? But why would both my power steering and brakes be out?