I'm teaching Marx this semester. My students have been, understandably, absorbed by all the news coverage surrounding the current financial crisis. Two weeks ago, I glibly announced that should global capital collapse this semester everyone in the class would get an A. I explained that they should really keep studying, though, since I was confident that the cost of the market failures would be speedily passed on to us, the citizenry, and that capitalist accumulation, newly emboldened, would continue apace. I still believe this will happen. But today's news that the bailout package failed in the House makes me wonder if maybe I won't be giving out a lot of A's this semester after all.