Waiting for the liveblogging to begin, a few links.
* Sixty-one Nobel laureates have jointly endorsed Obama.
* So have donuts and bacon.
* Slate predicts McCain's next ten Hail Marys, while the L.A. Times takes on the potential downside of his "Great Man" strategy:
But as many Great Men come to learn, there is a colossal downside built into running a campaign on outsized personal virtue. The line between stoic, honorable service and showy moral vanity is oftentimes difficult to maintain.*Spencer Ackerman has the world's best wrap-up of the Great Campaign Suspension Stunt of '08.
And when a candidate confuses his own political ambitions with the fortunes of his country, that's when Great Men turn into self- parodies.
Let's recap. McCain kinda-but-doesn't-really suspend his campaign to make himself the indispensable man in the bailout agreement. He gets to Washington as an object of ridicule and the deal falls apart -- something that at least some people, admittedly Democrats, attribute to McCain's transparent stunt. Then, despite Harry Reid saying he's going to keep the Senate in session until there's a deal, McCain abruptly announces he's... going back to campaigning (not that he stopped!) and will attend the debates.* Entertainment Weekly interviews Stewart and Colbert.
* Far-right-wing columnist Kathleen Parker argues that Palin needs to step down in, of all places, the National Review (!).
McCain can’t repudiate his choice for running mate. He not only risks the wrath of the GOP’s unforgiving base, but he invites others to second-guess his executive decision-making ability. Barack Obama faces the same problem with Biden.This backs up new claims that the McCain campaign is deeply panicked over her utter lack of ability.
Only Palin can save McCain, her party, and the country she loves. She can bow out for personal reasons, perhaps because she wants to spend more time with her newborn. No one would criticize a mother who puts her family first.
Do it for your country.
* And Kevin Drum and Brad DeLong are doing their best to walk the blogosphere back from the brink on the bailout.
To get get a $500B macroeconomic gain in production and employment, Paulson wants to take on a position with an expected value of -$100B. But the true value of that position could be anywhere between +$200B and -$400B. Looks like a good bet to me.