Is Russia honoring its deadline to pull out of Georgia? Tony insists that Russia be punished and temporarily banned from the G8, and that the country must be dealt with firmly but reasonably. Bob vehemently disagrees, wondering about the double standard in effect between Russia's Georgia venture and the US occupation of Iraq. Bob and Tony agree that the Bush Administration has had to stand down in announcing a US troop withdrawal by 2011. Does this benefit McCain or Obama? Is McCain too rich to count his palaces or is he too befuddled to know what’s his, what’s his wife’s and why it does matter?Lawrence O’Donnell guest hosts.