Your Retirement Account Just Lost 7% - Hows that Bail Out Sound Now?

OK, so all you angry constituents have gotten it out of your system, now let's talk reality in this Wall Street mess.

AmericaBlog.com has the story if you have a 401K or retirement account you need to rethink your views.

- If you had $10,000 in your retirement account this morning, you just lost $700 of it.
- If you had $100,000 this morning, you just lost $7,000 of it.
- And if you had $1,000,000 this morning, you just lost $70,000 of it.

As Charlie Gibson on ABC noted, losing 7% on the market in a year would be a huge story.

The market, made up of not only Fat Cats but average Americans lost over $1 trillion today. No w how does that $700 billion sound?