Obama blames the current administration, McCain says things are fundamentally sound... believe it or not I side with McCain on this one.

People knew Lehman was in trouble, they were just waiting on the government to step in and bail them out but it never happened. AIG is kind of in the same situation but some of these companies have to fail.. the taxpayers cannot come to their rescue especially when there are banks that are restructuring and making the necessary changes to be profitable in the future.

This thing will subside, but it wont do it until the market corrects itself and that is whats happening. The stock market is not taboo, I bought into banks that had strong numbers but were being punished because of companies like Indymac falling apart and my return on investment has been about 125%.. research and come up with a good strategy and you'll find that things arent THAT bad.

Watch Jim Cramer's Mad Money on CNBC.. its going to be a really good show today.