This Weekend's Treasury-Eurodollar Spread

John McCain and Sarah Palin: Dishonorable, Dishonest, Despicable

John McCain, for choosing an unvetted running mate and then hanging onto her even though there is now every reason to think that she would make a bad president of the United States.

Sarah Palin, for being a liar:

Matthew Yglesias: Palin and Sudan: When I heard Sarah Palin say at the VP debate that she’d had the Alaska Permanent Fund divest from Sudan to protest the Sudanese government’s actions in Darfur, I assumed that she had, in fact, had the Alaska Permanent Fund divest from Sudan. On the one hand, it was a totally plausible story — a lot of publicly controlled funds have divested. And on the other hand, it would be bizarre to tell such a straightforward lie. And yet lie she did:

“The [Palin] administration killed our bill,” said Alaska state representative Les Gara, D-Anchorage. Gara and state Rep. Bob Lynn, R-Anchorage, co-sponsored a resolution early this year to force the Alaska Permanent Fund – a $40 billion investment fund, a portion of whose dividends are distributed annually to state residents – to divest millions of dollars in holdings tied to the Sudanese government.

In an e-mail later, Gara clarified that he believed opposition from the Palin administration helped kill his bill, but was not solely responsible for its death.


We're well beyond mere political spin here. We are in reality-denial territory.