It is depressing, Emma. It's going to become worse. I am a pragmatist. There is no easy way out of this one. No one is going to save us and it isn't yet as bad as it is going to get. We are only half way into deep sh!t.

Reality has kept me awake most nights for a month. I'll be OK. I worry about family and friends. I worry about people who don't see reality coming. It's just now beginning to reach street level for most Americans and they haven't really felt it yet.

Last week I had to let 4 people go. I had no choice. It was horrible. There's little money to speak of coming down from the bailouts. The bailouts were not crafted to save the economy. They were crafted to save the banks and AIG. Not even the community banks can get bailout help. As it gets down now to street level you'll see it more and more, and feel it more as well.

The consequences of what Washington and Wall Street and Washington have (and haven't done) are just now being realized at street level in large numbers. It's too early yet for people to be storming the gates. That will be later on, I'm afraid, as realization finally settles on the masses.



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You, you and you, panic. The rest of you follow me.