"Where Will the Money Come From?" by Paul Krugman explains how a well designed rescue plan could work and not require outside funds or even tax revenue in the beginning. This is an elaboration on a post he made ten days ago that explains how the "Paulson plan would actually move money in a circle. No outside financing would be needed."It is effectively a debt for equity swap of the kind the Swedish used to rescue their system in 1992. It is too bad congress hasn't stopped talking long enough to listen to someone who understood economics thereby proving what I have long suspected about many of them.

Obama has far more cash on hand than McCain does. This chart from the Center for Responsive Politics (used with permission) shows that as of 21 Sept, Obama had more than twice as much cash.