Just another quick point about the politics.  McCain came out today and basically said the Fed was overstepping its bounds and should stop bailing out trouble banks.  My advice would be for Obama to come out and say he supports what the Fed is doing and thinks it is a good idea to avoid complete economic disaster.  What is McCain's solution?  Do nothing?  Don't even improve regulation?

This is the opposite of Cenk's advice to Obama, but it is a much more responsible position.  All of congress is going to vote for the bailout anyway...I would bet a lot of money that even McCain will.  That should be portrayed as a flip-flop.  

by publius on 09/19/2008 07:28:39 PM EST

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