[all4one]

In addition to the recent market behavior....we have the recent ruling to make it more difficult for consumers to claim bankruptcy. Thankfully I don't see this affecting me...but there are those families who are mortgaged to the hilt, who are not taking into account their variable mortgage rate....plus those with max-out credit cards. If Greenspan keeps up his rumblings, it may just be a matter of weeks until they raise the interest rates...to deal with rising inflation.

With the recent GM/Ford problems that you mentioned, it is just a matter of time until they start to layoff workers. So we could be looking at a summer with oil prices staying at their all-time highs...increased energy costs...passed onto consumers....with maybe an increase in the interest rates....and possibly another hit to the value of 401Ks. tmp02, I think that your thinking is right on target...unfortunately.

[JustPiper]

Don't forget GM outsources and Chrysler is adding themselves to the ranks