Despite the hysterical fear-mongering, the US economy is just fine, outside of Wall Street - and outside the print MSM, which is in a chronic economic and emotional depression.
This is what seems truly depressing to me, and I think there is some truth to it despite being from Time:
The deeper problem, say growing numbers of worried GOP establishment types, is that while lurching around to win the daily and weekly news cycles, McCain has failed to give voters a broad, forward-looking explanation for why they should support him. McCain's national security experience and reputation as a reformer add substance to his theme of "putting country first," but they don't explain what a McCain presidency would mean, or how it would differ from the past eight years. "At no point have they told the American people where John wants to lead them," says a third Republican strategist. "Had they spent more time laying the predicate, they'd have something to fall back on now."
If McCain loses, prepare the circular firing squad. How could an inexperienced, left-wing guy with sketchy pals win an election? I think the banking mess has just freaked people out and made them feel insecure. It makes "change" sound good, regardless of what it really entails.
We have to remember that most people are too sane to follow politics closely, and are wise enough to know that this, too, shall pass...