Today, everyone gets an immediate image when you say the numbers 9-11. Tomorrow, everyone will know the new magic number, 777. The real number is -777.68 the largest drop for the Dow Jones industrial average in history. It is in reaction to the political shenanigans pulled by House Republicans in Washington.
After announcing that there was a deal, the House narrowly defeated the Treasury finance package designed to keep our economy going. Democrats delivered 2/3rds of their members and the Republicans produces only 1/3rd of theirs.
OK the package was unpopular and a tough pill to swallow. I am not a fan of bailing out Wall Street, but without some sort of deal, credit markets will freeze and the wheels that drive our country will grind to a halt. So get the anger out of your system , scream into a pillow or something and then call your Congressperson and tell them to go back and make a deal.
It probably won't be the Great Depression Act II, but it's going to get a lot worse before it gets better. And by the way, John McCain was on TV claiming he had brokered the deal earlier, now after the vote he is trying to spin it the other way.
Want more of this crap? Vote for McCain and you will get it and worse.