The power of panicking

While fear of further market downturn brought Dow Jones a historic dive after the $700 billion bailout bill failed to pass in the Congress, a rumor of bomb attack in a temple in India resulted in a stampede that killed 168 people. A real bomb attack a few days earlier killed 6 and wounded 45. The imminent threat painted by the Bush administration based on false intelligence lead the congresses to say yes on the war in Iraq.

Fear can do more harm than the real threat.