Michael Tomasky writes:
Wednesday was the worst day of the campaign for McCain. The revelations about Rick Davis' firm doing lobbying work for Freddie Mac had the potential, and still may have the potential, to cost Davis his job. Certainly the story had the potential to eat up a lot of cable television time over the next two days. Over the long term, and most importantly, the story has the power, if used properly by the Democrats, to dissolve any morsel of credibility McCain had on the subject of dealing with the current fiscal crisis.
Tomasky suggests convincingly that McCain's dramatic announcement to suspend his campaign, which by last night was revealed as more public relations than reality, was an attempt to bury the Davis story.
Tomasky's blog is worth the read.