What will happen ?

What will happen if the bail out doesn't pass ?

that 23 THOUSAND dollars that they want to charge every man woman and child in the USA ? you get to keep it.

Your personal line of credit , your credit cards ? Dumped. Don't pay them off , just pay the minimum amount... if you pay them off now they'll just take them away from you. And there are better things to do than to dump your money down a credit card drain and watch them slurp it up and then say "thanks..but we don't have enough cash to cover this card for you , so we're cancelling it"

Pay your rent. If its possible. If it isn't one of those exploding mortgages that this month is only 750$ a month but next month it's 2000$ / month. If thats the case, pour money into getting your car fixed because you'll be living in it real soon.

Work. Drink some beer. Play some computer games. Wait. wait. Wait.

The houses are overpriced by a factor of five. That is to say 80% of the value of a house is phantom value , created by a huge demand powered by idiot politicians, and now the time has come to evapourate. They're saying 30% this year, 10% next ... So total of six years to bring it down to 20% of it's current mark , which is "normal" in an uninterfered market.

Dig in. Stock up. Food, not stocks. Examine your job critically. Is it likely to weather a storm ? Are you selling junk that isn't going to sell real soon ? It may be time to consider switching to one of the basic's. Food. Gas. Cell phones (no house no land line ..get a cell and live in a camper or car).

I predict campers are going to become big. For some reason. :)

Probably not a good time to be in the siding or window business. If you sell anything to home owners ... you're probably half way out the door. Sorry.

If you're in another country like I am (Canada) we didn't go insane ! We didn't give people with no credit check a hundred grand loan so they could buy a house ! Don't depend on anything that sells stuff to americans unless it's the bare necessities. Sorry , people living out of a car arn't interested in the finest quality canadian hockey skates.

But they are interested in cell phones. But not land lines.

Six years for the recovery. Twenty years for the people who got burned to quit telling the next kids in line to become adults soon how terrible and awful it all was don't even think about buying a house.

And then maybe they hit us again.

*sigh*