Ever have one of those days when nothing seems to be going right? That’s sort of where the nation’s economy is right about now: nothing seems to be going right.

The government bailout with taxpayer money of the gluttonous AIG insurance monster failed to do what was expected: restore investor confidence.

Instead, U.S. stocks crashed to a three year low Wednesday. The Dow dropped almost 450 points.

Meantime, Goldman Sachs stocks had their biggest one day drop ever, says Reuters.

The Associated Press is reporting that Washington Mutual may be up for sale. Should it fail, says the A.P., it could cost the Federal Deposit Insurance Corporation some $20 billion at a time when the fund that insures deposits up to $100 thousand stands at a five year low.

Like I said. Not a very good day.

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