If it’s true that McCain has stand up against ths brain-dead bailout. Then this will be a good day.
I feel the base rule, the banks have to buy insurance a pleasant suprise, but it won’t work. They simple can not affort it, at least to market rules. So buyout of JP Morgan buying Washington Mutal seems to be a more sound way. But see the figures and you can see how deep the trouble really is.

However back to McCain if that really has happened (heresay), then someone in the proper party is stand up against “His Insanity”. Pray that Bush legistlative does not get through and pray that someone comes up with a thing which one could name a more decent plan. The Bailout plan isn’t it