The moment that I will look back at as the moment deep in my gut that I knew, was September 29, when I was flying on a plane with Governor Palin to Sedona for debate prep, watching the split screen on the TVs . . . and it showed the stock market down seven, eight hundred points; it showed the Congress voting down the bailout package on the other side, and then, House Republicans went out and told the world that the reason that they voted against this legislation, allowed the stock market to crash, allowed the economy to be so injured, was because Nancy Pelosi had given a mean and partisan speech on the floor. And this was their response. And I just viewed it as beyond devastating, and thought that at that moment running with an "R" next to your name, in this year, was probably lethal.
Got that? House Republicans "allowed the stock market to crash," and that's why John McCain lost, rather than because of Schmidt's insistence on Sept. 24 that the candidate suspend the campaign, call for a postponement of the debate, and fly to Washington to push for the unpopular $700 billion bailout. Classic.
(Cross-posted at AmSpecBlog.)