The Dems in Congress want the government to bail out the auto industry now. The plan would call for $25 billion in loans to the big 3 auto makers in exchange for the government holding an ownership stake in the companies. Government owning private business -- what does that sound like? What's next? What companies will the government deem worthy of bailout money? If it's OK to bail out GM what about the mom and pop store on the corner? Of course not but where is the line? Who decides which companies get taxpayer money to rescue them and which ones don't?

Stock report: down 411.30 to close at 8282.66. This is getting really bad folks. The market has lost roughly 1,350 points in the past WEEK.