It is the old saw:
When your neighbor loses his job, it is a recession.
When you lose yours, it is a depression.
Given the popular ambivalence about the "Bondfire of the Vanities--Master of the Universe" financial types on Wall Street it is easy for most to just think that these guys are getting what they deserve. It still has to sink in that they themselves may be "getting what they paid for" in terms of the quality of life brought to them by the leaders they have elected. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
The new neo-con move should be to say, "See - we told you that the media is liberal. Look at what they're trying to do to undermine McCain's campaign." Should be their new meme in about the next 2 - 3 days - unless Murdoch really has fears about the current debacle. paul spencer