Here is an intuitive look at what could be happening over the course of the next week & beyond:

If the Bankster Bailout legistlation passes, there will be a short-lived sigh of relief. Many of the congressmen voting for it may honestly believe that it provides our best shot at stabilizing things. However, it probably won't take too long for the market to realize that the measure does nothing to address the frozen banking system (many citizens already know this). Once the realization sinks in that the Bailout bill only intended to bail out certain highly-placed Bankster criminals, and help obscure the trail of evidence, the market will begin a free-fall like no one has seen.

With banking liquidity continuing to be frozen, the meltdown will accelerate until a "banking holiday" is declared, probably some time next week. This means banks and stock exchanges will be closed for several days. ATMs may continue to work for a while, but will probably limit withdrawals. Credit and debit cards may also stop working or limit transactions to a small amount.

The president will likely declare a national emergency, which is essentially martial law. The November elections will be postponed and campaigns suspended. During this time, plans will be unveiled for emergency economic provisions. This may include nationalization of some banks and financial institutions, and national austerity program that includes rationing of food, fuel, and other commodities.

More to follow...