The panic sets in.

I’m sitting here, watching the results of the House of Representatives vote on the Wall St rescue package. It didn’t pass, for those of you who might not know.

What is interesting is to see the reaction to this news. I’m currently watching MSNBC, and you can hear the panic in the presenters’ voices. To say they are surprised may be putting it mildly.

The stock markets are pretty much in freefall. Everywhere.

On the upside, oil is also down. Maybe we can take comfort in that.

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