TIME’s David von Drehle has a wonderful, if ultimately and inevitably inconclusive, essay on Obama, McCain and the economic future. It’s the cover story of the magazine that hits newsstands tomorrow. I could maybe write an article as elegant as that if I had about two weeks. He had two days. Of course, it’s not nearly as good as his famous hurricane story, though.
Meanwhile, Andy Kessler thinks Treasury stands to make $1 trillion to $2.2 trillion in profits from its Fannie-Freddie acquisition and its $700-billion asset-buying plan. And some anonymous friend of Greg Mankiw likes the Paulson plan too.