Do you get the feeling that we have set all the dominoes in place and the first few have fallen?

I do.

Lehman Brothers. Gone. Rumor has it Barclays is making an offer on their ass(ets). Merrill Lynch has gone from being bullish to being bull sh_t on your shoe!

The Fed Reserve and the Fed Gov said no to any loan guarantee on the aforementioned, and now we have AIG on the horizon. As I type this there are threads running talking of negotiating a government load to keep AIG liquid.

If they are leverage heavily along the gulf coast, expect them to file Ch. 11., maybe even 7.

This is all really scary.

I was told today that the musical chairs game is playing but if the music ever stops, there aren't enough chairs. It is almost as if these financial institutions have been circling all this paper letting everyone get a cut of it and now the circle is flawed.

Reminds me of what my former Father-in-law used to tell me. He was reluctant to eat black eyed peas, and his excuse was "Black eyed peas got me through one depression and I would hate to be burned out on them if we had another one"!

Batton down the hatches. This could get ugly!

Thing is this administration is to dumbya to figure out what is going on.

FATHER, things are scary. Cornerstones of our economic world are shaking and folding. Help us to realize that hope based on anything other than you is in vain, and nothing else matters.