So Much for the "Rescue Plan."

One business day after the passage of the "rescue plan" (which is now up to a possible $850 billion after Congress added some tax breaks) by the House that was supposed to restore confidence in the financial industry, The Dow Jones Average is nose diving by the second (down 728 points as I type this).

This is only one week after the 777 point drop after the plan failed the first time.

The Dow Jones Average is all but guaranteed to close under 10,000 points for the first time since 2004, and foreign markets are tumbling as people scramble to pull their money out of banks and investments before it's all gone.

What does this mean to you?

Mike Spector of the Wall Street Journal reported in the Baltimore Sun that only 64 percent of car loan applications were being approved.

According to the article, even people with near-perfect credit and 20 percent down-payments are having trouble getting loans.

I think the government needs to find out what the interest rate is on some sense... but it probably couldn't afford the payments anyway.