I think McCain loses big with this stunt. After all, most of his economy stunts in the last two weeks have failed, so, sure, this is a matter of probability. But look -- unless I'm missing something, between the failure of WaMu and the crumbling of the bailout deal, the markets are going to tank today. 500 points-ish. Maybe more.
And I can't see how the blame isn't dropped at the feet of John McCain who appears to be inexplicably supporting more deregulation. His fifth or sixth different position on regulation, by the way. In other words, he and the House Republicans are sandbagging in favor of the same policies that got us here in the first place.