Financial Reality Show

In the last few months, to be precise since the downfall of Lehman Brothers, the whole financial market is in doldrums. Looking at the 401(k) it looks like i will never get to retire, so i have not touched my allocations, they are still the same when Dow was over 14000 and i will let it ride the down swing till Dow reaches the magical 5 figures.
I have been reading a lot on financial jitters in forbes and businessweek, which don't paint any rosy pictures for at least few more months to come, the recession is hitting each individual hard and the best thing to do is to call the credit card companies to lower the apr and banks to lower the fees. Lets see what happens when the Feds meet on december 16th, what plan they come up with to boost the spending power of consumers and investors.