"Bailout" Bill held off for now.

Which is likely good for America given the nationalization we're seeing. Over at Instapundit he links a mainstream media take on things in Volokh.

What's missing in Ilya's take is this, the public knows enough about the where-fors here to not trust Congress with this bill. It's public knowledge that this market panic was predicted as far back as 1999 in the New York Times (D-NY) but people like Barney Frank (D-NY) worked to prevent that. McCain was trying to fix Fannie Mae (D-DC) as far back as 2005. That the Democrats are being spun as heroes here is obscene.

If it wasn't for the fact that the MSM (D-NY) was absolutely in the tank for Obama you'd hear this. This bailout is all about protecting the 535 jobs in the Capitol and getting Obama into the White House. Not about anyone out in the real world.

That Congress is being looked to for a solution is identical to having a rapist console their victim. *ugh*

"You go to an election with the populace you have."

Just paraphrasing Rumsfeld.

Jim Lindgren @ Volokh is talking about Obama's lead in the polls, which isn't surprising given his support to same. The money quote is the comment from Obvious:

The polls simply show that Americans, given the choice of two extremely bad candidates, will eventually make a bad choice.

Why is it we pick the evil of two lessers? McCain isn't what America needs but it's painfully obvious that Obama is worse (with FARC, Chavez, Hezbollah, Iran, and countless others pulling for him to boot).

Oh, and bonus on math. Obama has a 6% lead in the poll cited above. The poll weighed Democrats 6% more than Republicans. Coincidence?

HT Instapundit