The Associated Press is reporting that Legislators have reached an agreement over the bailout plan.  Senator Bob Bennett said, “I now expect that we will indeed have a plan that can pass the House, pass the Senate (and) be signed by the president.”   Senator Chris Dodd, chairman of the Senate Banking Committee said, “We’ve reached a fundamental agreement on a set of principles,” and it looks like the legislation will get pumped through the house sometime soon, but Speaker Nancy Pelosi has not provided an exact time frame.   It appears as though most of this is just political crossfire and that there are no actual issues that divide the partisan line.   At least the no oversight phrase has been revised.
It also seems McCain’s “suspension” was mere rhetoric.  He said he was going back to Washington, canceling his interviews and rallys, but as seen on Letterman last night, where McCain was scheduled, McCain canceled that show to do an interview with Katie Couric for the evening news.   Some suspension of his campain.  Video of Letterman below:

GOP Presidential candidate Senator John McCain was recently interviewed by a local TV station in Maine, when asked about Palin’s foreign policy experience his reputation of straight talk was put to the test.

Reporter: “You’re sure she has the experience, but again I’m just asking for an example. What experience does she have in the field of national security?”

McCain: “Energy.  She knows more about energy than probably anyone else in the United States of America. She is the Governor of a state where 20% of our energy supply comes from there and we all know that energy is a critical and vital national security issue. We’ve got to stop sending 700 billion dollars of American money to countries that don’t like us very much. She’s very well versed on that issue and she, uh, also represents is a Governor of a state that is right next to Russia and ah, ah, she really understands Russia and their newly aggressive behavior in the world which is also something that we have to be very concerned about.”

Erm, what?  A Governor from Alaska knows more about energy than say, a university professor, or maybe John Dingell, Chairman of the House Energy and Commerce Committee?  Senator, the question was about foreign policy not energy policy, so much for straight talk.

[wcsh6.com]