Wall Street panics; markets lose $1 trillion

The average person in the USA may have a savings and a checking account. Maybe more, maybe less, but in every case we all have to be responsible in managing the money that we do have. There is no one to "rescue" us when we suffer for our indiscretions. Perhaps it is time for the high and the mighty to live as we must.

obama surrogates say his involvement with the fraudulent ACORN was years ago, so WHY DID OBAMA TRY TO GET 20% OF THIS BAILOUT money to go to ACORN just days ago. OBAMA SUPPORTERS, I KNOW THIS IS YOUR CHOICE, BUT YOU MIGHT CHANGE YOUR MIND WHEN YOU REALIZE JUST WHAT IS GOING ON HERE. THIS IS NOT COINCIDENTAL THAT OBAMA WASNTED A WHOPPING 20% OF THIS MONEY TO GO TO ACORN.

Yesterday's drop pales in comparison to the 23% drop on Black Monday in 1987. Some foreign markets lost upwards of 45% that day. To come close to 1987, the drop yesterday would have had to be in the 2400 point range. We had another huge drop of about 7% in October of 1997 and don't forget the .com bust in March 2000 during the Clinton administratin that led to a recession that year. Each time we recovered nicely. In fact, 1997 was full of drops with the October simply being the largest. And as Democrats decry how "bad" things are now and blame Bush, they turn right around and tell us just how great we were doing under Clinton.

Well, this is a very good time to buy, folks.