We're 12-24 hours away from systemic meltdown across world finanical markets in my view. We've lost 1300 or so Dow points since the Bailout. Down 500 since a huge Commercial Paper bank was opened this morning by our Federal Reserve. Merrill Lynch, Morgan Stanley, Bank of America, Royal Bank of Scotland (to name a few) lost anywhere from 20-40% of their value today. Nothing has worked. There's no time left in your checking account when it goes down 20-40% a day. We don't have any more big banks to lose. So I look for a huge coordinated rate cut across the globe spearheaded by the Brits/EMU tonight or tomorrow - or some other coordinated move to stanch these newsflows. Time to take a stand. It should be clear to all by now that your friends in the Colonies are in big trouble and need help.