Boldening text "Inside" a textarea
<p>I have a textarea <code>#myarea</code> into which I'm typing text. I've typed this text.</p>

<blockquote>
  <p>This is a sentence and only this word 
  will end up being bolded</p>
</blockquote>

<p>Now I have a button on the side, like a bold button. I want to select the letters I want bolded, click the button, and see those letters turn bold inside the textarea. It's similar to the standard functionality found in many editors, but I'm looking for something much simpler as I described here.</p>

<p>So is there a way to do this with jquery? I'm guessing it's a 2-part problem. I need to find the letters selected, then apply bold to them so it shows bold inside the textarea.</p>
