Politics v. reality

While polls are showing that former Bush voters are turning to Obama, Politico reports that Republicans are "forming a circular firing squad" and in an "acrid behind-the-scenes meltdown." 

"With despair rising even among many of John McCain’s own advisors, influential Republicans inside and outside his campaign are engaged in an intense round of blame-casting and rear-covering -- much of it virtually conceding that an Election Day rout is likely."

Obama, in the meantime, has put out an ad in Spanish.  Not the cheerful, limited and condescending Tex-Mex of George W. Bush but educated, friendly, clear Spanish.  How'd he do that?  For someone who's bilingual, it sounds pretty damn good.

All this McCain v. Obama news may get shoved to the back pages today as the markets get set for a drop of as much as 10%.  The overnight news from Asia and Europe is not good.  On this side of the water, we may have to face the fact that the bailout isn't working.  One economist in Britain puts it like this:  "“With asset values falling, real incomes down and corporate profits declining we can see a real drop in investments and the government is in no position to help."

That's the UK, but there's not much to show we're in better shape here in the US.  I don't have a lot of faith in Bush/Paulson.  This is coast-to-coast Katrina and Brownie's in charge for the next three months.  That means we're on our own.