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Meltdown in U.S. Finance System Pummels Stock Market
Associated Press, 9/16/08

Credit Crisis Cascades to Main St.
Pittsbugh Post-Gazette, 9/16/08,
“ ‘People have already seen drops in their 401(k)s, savings and other investment accounts,’ said Bruce Fenton, president of Atlantic Financial in Boston.”

The crisis “can radically affect the worth of your 401(k) or other investment portfolio…. Loans are generally harder to come by….”
Atlanta Journal Constitution, 9/16/08

“The nation’s jobless rate has soared above 6 percent in recent months as hundreds of thousands of employees were laid off,”
Boston Globe, 9/16/08

Horror Story Far from Over for Wall St., Main St.
“ ‘It’s going to hit Main Street very hard,’ said Joelle J. Leclaire, a Buffalo State College economics professor.”, Buffalo News, 9/16/08

Stocks Plunge as Crisis Intensifies, AIG at Risk; $700 Billion in Shareholder Value Vanishes, The Washington Post, 9/16/08, “Wall Street’s biggest shakeout since the Great Depression”

FUNDAMENTALLY STRONG?

“I think, still, the fundamentals of our economy are strong.”
—John McCain, Jacksonville, Fla., Sept. 15, 2008

JOHN McCAIN
IS FUNDAMENTALLY WRONG