CNN reports McCain will be there tonight, so that’s good. (apparently if only Obama were there, it would count as a contribution to the Obama campaign so I guess they wouldn’t air it or something?)
Washington Mutual basically failed last night, with JPMorgan Chase taking over most of it and the government taking the rest. All deposits are safe (they’re FDIC-insured up to $100,000, but it was taken over so even above that they’re fine). Slate argues this is the way it should work and it doesn’t show the need for a giant bailout. But it’ll happen anyway, and if it helps stabilize things, whatever. I’ll get out my checkbook…
Also, we’re not headed for a depression. So, that’s nice.
David Letterman – still mad at McCain.