When I drifted off to sleep this morning I wasn't expecting the House to vote down the credit market rescue bill, but that was the news I woke up to this afternoon.  I guess John McCain wasn't expecting it either.  Has anyone bothered to tell him that the deal on the bill has collapsed, or is he still out on the stump taking credit for putting it together?  Good work on that one, John!

This morning, I was worried that the market had fallen 300 points in half an hour.  It managed to fall nearly 500 more points while I was dozing. If you think it's hit bottom, I suspect you're still asleep and dreaming.

Of course you can't blame the House Republicans for voting 2-1 against the bill — Nancy Pelosi was mean to them in a speech before the vote, right there on the House floor, in public.  It was like the most popular girl in high school (like, the homecoming queen or something) dissing them at assembly — in front of everybody!  You could hardly expect them to be thinking clearly, or considering the welfare of the country, after something like that.  It's not like we're dealing with grown-ups here.

My friend PZ sends a line from an old pop song — “They call it stormy Monday, but Tuesday's just as bad.”  I fear that Tuesday will in fact be much worse.