Neither party comes out of this with any credit. Two thirds of Republicans put their ideology and a third of democrats their re-election before the interests of the American people. The American people themselves appear to be staggeringly ignorant of the seriousness of the current financial situation.
It's like watching a train wreck - unfortunately I suspect I'm on one of the later carriages just waiting for the impact!
700 billion? You just lost 1.2 trillion in one day! Even if you don't have shares then your pension plans, health schemes etc. are all paying for this.