The past two weeks have shown shocking stock market moves of 500 points or more, both directions.

Panic selling, panic buying, who knows just how much was lost in the volatility, changing of the rules daily and turmoil.

So, while all of the focus is about propping up a semi-insolvent financial system, what about the actual people?

Murder, Suicides and desperate acts are on the rise. (please people, it's only money).

After falling 3 1/2 years behind in payments, the Taunton, Mass., housewife had been intercepting letters from the mortgage company and shredding them before her husband saw them. She tried to refinance but was declined.

In July, on the day the house was to be auctioned, she faxed the note to the mortgage company. Then the 52-year-old walked outside, shot her three beloved cats and then herself with her husband's rifle

In some states they are running out of funds for unemployment benefits.

Economist Alan Blinder dares to say Don't Forget the People Blinder also endorses a HOLC, the plan to refinance distressed mortgages, presented by Clinton and now McCain:

Blinder proposes a plan that is somewhat similar to what both presidential candidates have endorsed: buying up mortgages from banks and refinancing them.

But he thinks the emphasis needs to be placed on helping borrowers, not protecting lenders.

He said that the government should buy the mortgages below face value - similar to the strategy of the the Home Owners Loan Corporation (HOLC) that was set up during the Great Depression.

That makes it easier to work with borrowers in order to keep them in their homes.

"If you buy the mortgages at a loss, it would still not be as big of a loss to banks as there would be in foreclosure," he said.

Meanwhile as the U.S. Government and the multinational financial system become ever increasingly one and the same (with your money), the interbank lending rate, LIBOR and TED spreads are still very high.

So, has the only thing to be accomplished is a temporary jolt of the stock market causing people to churn their accounts and the entire world mesmerized by the real time streaming quotes screen?

Where is the focus and the investment in the American people in the real world with the real economy?

A voice from Fort Wayne, Indiana says it best:

Debt in all forms—credit cards, mortgages, and exotic Wall Street derivatives—became one of the fastest growing businesses in the nation.

Aided and abetted by the government credit market debt grew from $11 trillion to $48 trillion over the two decades. By 2005, financial services represented 20-25 percent of the nation’s gross domestic product while manufacturing had slipped to just 12 percent.

The U.S. has swung from being the world’s largest creditor to the largest debtor nation. The U.S.’s current account deficit reached $850-to-875 billion in 2006. It now accounts for about seven percent of GDP, more than double the previous modern record of 3.4 percent in the middle 1980s. Our external deficit has risen by an average of $100 billion annually over the past four years. If corrective measures are not taken, the current account deficit will reach about eight percent of GDP by 2010, and net international liabilities will reach about 50 percent of GDP.

America’s debt to foreigners continues to grow because more money was needed to finance the oil and manufactured products the nation had to import because our factories and oil fields no longer produced enough. The debt, however, the nation has been accumulating over the last two decades has provided only 30-to-40 percent of the stimulus per dollar compared to previous debt. The previous debt was used for building factories or improving infrastructure and resulted in job growth and stimulus at the grass roots level. The new debt channeled to the financial service speculators for their own wealth creation does little for the grass roots economy