Monday, John McCain was lamenting the demise of the bailout plan. "I was hopeful that the improved rescue plan would have had the votes needed to pass," he said. Today, the Republican National Committee's independent expenditure unit has gone up with an advertisement that appears to attack that same plan.
As Ben Smith reports, the ad was sent out before the plan failed -- the spot seems as if it was designed to attack its successful passage. As Christopher Orr has noted, though, the ad seems to be proof that the independent arm of the RNC and the McCain team aren't illegally coordinating their activities. (The RNC and the McCain campaign are legally allowed to coordinate, but this independent entity may not legally coordinate with either the RNC or the McCain camp.) Unless, of course, it's all part of a clever plan to leave voters utterly confused about where the Republican Party and its presidential candidate stand on the economy.
Gabriel Winant is a graduate student in American history at Yale.