Yum, yum, yum, munch, munch, munch. It's the tasty Credit Crunch!

Okay, so it's not so tasty. Actually, it tastes like crap.

The Credit Crunch is far from over, apparently. And the usual suspects — come on, you know...Bear Stearns, Citigroup, American Express — reflect it, each down about 3-4% as I type this.

So, apparently, Citigroup (listed on the NYSE simply as C) reported a 57% decline in third-quarter earnings. On top of that, it has undergone a private-sector bailout.

I thought we were done with this.

So much for a market that goes up on good news and surges on bad news. Like the rate cuts Wall Street loves so much that will come back to bite our economy in the ass — in a big way. It'll be when our dollar's worthless.

But what am I talking about? I'm just an eighteen year old who's just another arrogant college student who thinks he knows everything.