Whew!

We certainly dodged a bullet by not electing the Republican presidential ticket.














Did you hear about this guy, John Thain? He was CEO of Merrill Lynch, a top backer of G.O.P. candidate, John McCain, and was widely talked of as a contender for a top White House economic position should his man win on Election Day.

Instead of being hired to serve in a position of great honor, Thain has been fired in disgrace. Shortly after Merrill was taken over by Bank of America, Thaine was outed for spending 1.2 million dollars on a Merrill office renovation, $87,000 for a rug and $1,400 for a garbage can.

. . . A garbage can?

Thaine's last minute spending frenzy of 4 billion dollars in bonuses to his friends -- after having lost 15 billion in the last quarter -- is now being investigated by the NY AG office. I'm no fan of Geithner, but can you imagine how much worse it could be if McCain/Palin would have won?

Although not perfect, I'm all for this change.