'Fear' Index Hits All-time High

Who can argue that the Bailout Plan, incomplete though it is, is not needed to halt the fear breeding on fear?

From Reuters:

By Doris Frankel
CHICAGO, Oct 6 (Reuters) - An index regarded as Wall Street's fear gauge surged to a record high on Monday in a sign investors expect more stock market turmoil as they scramble for options to insure their stock portfolios.

CBOE VOLATILITY INDEX (^VIX) or Fear Index over Five Years