Well, the UAW and the GOP members of the United States Senate stared each other down tonight, and neither side blinked, thus killing the bridge loans passed in the House today. I fear tomorrow's trading on Wall Street is going to be a free fall. Could the Dow drop to 5000 or below? How many jobs will be lost in the wake of this? It's not pretty. I don't believe the automakers deserve the loans, but for the sake of the greater economy, I think they are necessary to avoid an even bigger disaster than we already have. This is not a pretty picture.
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