Another market drop coming soon?

Enough already. This analyst says the market still has one more hard drop before it's out of the system. He cites the credit crunch which has many large corporates on the verge of insolvency without new cash injections. An example could be the rumors of GM at risk of going bankrupt. Even if that is too pessimistic, can you imagine such an idea is even being kicked around?

How does anyone expect a Republican to fix the economic problems that they created? The credit crunch is closely linked to McCain campaign co-chair and economic brain Phil Gramm and he still has no idea how his plan went so wrong. They believe that the resolution is less regulation and more tax cuts for these businesses. Can you imagine?