Willravel

I almost hate to say it, but this has been on it's way for a while. It's really sad, and I can't see an honestly good option for us right this second. All that we can do is try to prevent this in the future by ending this idea that the government interfering with the market is the debil. Fannie and Freddie were having accounting problems years back. I told my grandmother to move her investments out of them and into more stable accounts (I think she's doing her investment through something religious now, like Thrivent).
It was a bigger drop than I expected, but overall not really.
There will be rampant partisanship and ideologue-ing, which won't get us anywhere. If it's as bad as I think it will be, we won't even learn from our mistakes and it will happen again.

There's already a line forming outside Washington D.C. of industries wanting a bailout.

Someone asked a funny question either this morning or yesterday, "Why is it that the US supposedly has no money for universal health care but is more than happy to come up with a few billion to save a bank or two?"