Bush speaks to the nation twice in one week.
With the markets opening in Australia this hour, and already down 4%, Bush is addressing the nation tomorrow morning. I think around 8am. He'll definitely have to set his alarm clock.
Surely there will be very specific questions about the bailout at the debate on Thursday. Congress is, unbelievably, in recess until Thursday (actually, I think the Senate is in tomorrow, but the House is not). I just can't imagine what this week is going to bring. Paul Krugman was just on Countdown and said, and I'm not kidding, that you should definitely not have to worry about any money that is federally insured. So, basically, your savings account should be fine, but all bets are off with 401(k)s and investments. Lovely. And Congress is in recess; yes, for the Jewish holidays. But if it was Christmas (or Halloween, even!), I'd expect them to keep their butts in town and get to business.
Honestly, at this point, campaigning and debates do seem somewhat frivolous and unimportant. I hope Obama's campaign comes up with a measured but powerful reaction to the bailout bill bust. There's a good article in today's NYT about McCain and Obama's different reactions to the bill and how much they reflect their personalities and philosophies. If only Obama's campaign would do a better job of communicating the role Barack is playing.
Gotta get to bed so I can wake up in time to hear what our fearless leader has to say.
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