How does the current credit crisis effect me?

I am just a regular consumer with a checking/Savings account. I keep reading about the credit crisis in the news. Wachovia and Morgan Stanly, Merrill Lynch, WA MU. What does this all mean and should I be worried about the money I have in the bank? What should I be looking out for?|||only that the prices will go up -- credit will get tighter but you will come out of this ok!!!|||all banks and investments are insured up to $100,000 per account so if you have more than that in any account then move part of it to another institution|||People will bail out of the stock market-most notably into commodities such as OIL! Gas prices will go up as will food and anything else that gets shipped. We are screwed.