Get Out Your Hobo Stick And Watch Sullivan's Travels

The Really: Maybe Preston Sturge's classic film is just what we need right now.

It's Sullivan's Travels and it was in a string of hits by the highest paid director/writer of his time Preston Sturges. Released in 1941 it tells the story of director John L. Sullivan who wants to make a social-problems film called 'O Brother, Where Art Thou?' (get it, the Cohen brothers used it as the title of the Clooney film a few years back-ed) When his producers point out that he knows nothing about trouble or poverty, he goes on the road as a hobo. Joined by a down-on-her-luck aspiring actress, the results are hardly the kind of trouble he had in mind.

Enjoy this clip.

Dow Down 400 Again: The End Of The World As We Know It

The Really: End of the world as we know it music to help you on your commute home (if you have one).

Maybe We Should Call You Neel "Cash-and-Carry?"

The Really: Neel Kashkari (Assistant Bailout Czar) needs a bailout from the crazy mean Congressmen today.

Congressmen tear Neel a new one. Video to follow.
"I assure you the secretary is passionate about this," Kashkari said.
"Passionate about what?" Kucinich said.
"About helping homeowners," Kashkari replied.
"Where?" Kucinich asked, sarcastically. "What country?"
"We are using all the tools available to ease the credit crises," Kashkari said. "Let me give you an example..."
Kucinich interrupted Kashkari and continued his harangue.
"Maybe this is a game to some people in the administration. They're on their way out of office and they can do whatever they want," said Kucinich who tried to launch impeachment proceedings against Bush. "Meanwhile, people are hoping against hope" for help with their mortgages.

Dow Attempts To Set Record

The Really: Dow had a shot at setting a new record for point drop in one day. Old record is -777.68 At one point today the Dow was -800 points.

Update: Market rallies to -434 points at 12:30pm PT. Record no longer in sight.

Update 2: Dow at -384 points. Chance for a record seems slim.

CNN changes headline from Dow at "All Time Point Drop" to "Worry At All Time High."

Update 3: Dow closes -369.88. Cable news networks visibly disappointed at Dow failure to come even close to record.

Strangely, watching this old Journey video seems to have a calming effect.

Reaper Takes The Day Off?: Dow Jones Watch

The Really: The market will stabilize without a bailout?

Dow Jones up 359 points as of 2:20 ET with expectation that Congress will act.

Bloomberg for latest tickers.

Dow Close at +485.21