Economy; Palin on ABC; Obama Gets Tough? McCain v. Taxes

This week Fannie Mae and Freddie Mac were essentially nationalized. And Lehman Brothers has gone belly up with talk of the taxpayers bearing the cost. Today Bob, Matt and Tony take on the question of whether deregulation created this scenario wherein which the federal government is bailing out America’s housing market…and of course, there’s plenty of disagreement to go around. Then: Sarah Palin gets her primetime spotlight – did she shine? Did Charlie Gibson cave and give her a pass or was he sneering down his nose at her? How’d she really do? Lastly, Tony repeats a phrase that will surely infuriate many: Obama’s campaign has been likened to a dead frog whose legs keep kicking… ouch. More when you listen to today’s show.