The numbers are in, the month of June 2008  had  the biggest decline of the US stock market, in a month, since 1930. Are we heading for a crash in the only  sector of the US economy that was still quite healthy, even a few months ago? The Dow Jones has fallen 460 points in the last two sessions and reached its lowest point since September 2006.

A few factors are at play here to create a " perfect storm " for a bad situation to get even worse...a lot worse.

At least according to Jason Leopold ; editor of the investigative on line news magazine  The Public Record .

In his detail piece, Jason looks at the track record of Halliburton in the Middle-East currently and when the company was headed by Dick Cheney.

In his new book, Scott McClellan says about the VP that he is so skillful at covering his tracks that he almost " never leaves finger prints ". Well, not this time around.

This isn't good:

From the New York Times:

Investor's Business Daily has a perfectly sensible editorial today on why $100 a barrel oil is not the end of the world, but certainly the result of "stupid policy." The editors write: "America's real energy problem is not our dependence on foreign oil, but the fact that we've declared our independence from domestic oil in favor of solutions that don't work."