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Are we just going to perfectly repeat the brief but horrible

bear market of 2011?

That's what I think when I see the industrials in the banks take a header today

as Wall Street worries that the debt ceiling crisis could do some serious damage to the actual economy.

That's how you get another not so hot day where the Dow TIP 9 points

doesn't be 7.16% in the NASDAQ fell 0.35%

and the debt dribb, drab, down.

Like I said before, 2011, the last real bad debt ceiling fight

gives you a good playbook for the current moment.

But there are also some big differences.

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