The emergency bailout bill has just failed in the House, and your humble Blog Goliard would simply like to say that he has no idea what the heck is going on.

Is this failure good? Is this bad? Will the markets make it through the week okay? Will the banks? Whom will this hurt most at the ballot box in just over a month? Are Senator McCain’s recent attention-grabbing exertions now officially epic fail?

I don’t know. I just don’t know.

What I do know is that:

a) Congress’ approval ratings surely will now fall from the high single digits to the low single digits.

b) Maddeningly, very few people on the ballot anywhere are in a position to take advantage of that. If our political system weren’t so broken, Capitol Hill would be a river of blood on November 4th. (Figuratively!) (Alas!)

c) These are very interesting times. (Has someone in China cursed us all again?)

That is all.