It occurs to me that McCain's gambit is likely to delay the bailout negotiations, not speed them up. Why? Because now, if the administration and Congressional Republicans can't make a deal without undercutting McCain's claim that the negotiations are failing and a campaign suspension is needed to rescure them. All the reporting I've seen suggests a deal was in the works. Now it's going to be in limbo, unless Republicans are willing to kneecap their own candidate.

--Jonathan Chait