The meltdown and the bailout

The meltdown and the bailout are examples of how macroeconomics--large scale economics--can affect a person's microeconomics, your own little-big life and budget. But what the heck is going on?

What a good question, and since I am not an economist--generally skeptical and willing to wait for a little historical perspective--I have a few resources that will help you make up your own mind:

• NPR's This American Life is looking at the meltdown and explaining what is happening on Wall Street and Main Street, by looking at the housing crisis, as well as what is happening on Wall Street.
• ProPublica items tagged Wall Street Bailout, will help you keep on top of the stories.
• Business Week Behind the Cover Special Feature on the Bailout. In general, Business Week will have good up-to-date reporting on the bailout, so you might want to add it to your news reader.
• Silobreaker's Freetext Search Map on the "meltdown" will allow you to explore news stories and their connections.
  
• The Trillion Dollar Meltdown, published in January of this year, is looking awfully prescient. 
  
• If you want a historical view of past financial fiascos, the Wall Street Journal published a round-up on the five best books about past financial crises.