What a ride the market has taken us on lately. Today the "Bailout Bill" was rejected in Congress and sent the Dow tumbling 770 points, the largest point drop in history. In my humble opinion we are in for a rough ride the next few years. By we I mean Joe and Jane American. Ironically, I'm not disappointed the bill failed. I think its time for bank and lenders to reap what they have sown. Unfortunately that will hurt the little guy like me and presumbably you. Ultimately, the markets correct themselves. If we fail after a $700B infusion then we will be staring a Depression like era in the face. God Bless America, we need all the help we can get.
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