“The Dow isn’t the only thing that’s dropped in the current economic crisis,” reports the USA Today. According to a new Gallup Poll, President Bush’s job approval rating has “fallen to a record low” of 25 percent. That’s only one point higher than Richard Nixon’s approval rating of 24 percent when he resigned the presidency in 1974.

Robert Zoellick, president of the World Bank, “said the global financial system may have reached a ‘tipping point’ — the moment when a crisis cascades into a full-blown meltdown and becomes extremely difficult for governments to contain.”

And finally: Yesterday, Lehman Brothers CEO Richard Fuld had a rough day under intense questioning from House members. However, his day was even tougher on Sunday when he was punched in the face at the gym by a man angry at the Lehman failure. Fuld “went to the gym after…Lehman was announced as going under,” said CNBC contributor Vicki Ward. “He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold.”

www.americanprogressaction.org