Hoodwinked

• Was the Fed's unprecedented rescue of a collapsing investment bank the right thing at the right time, or a horrible decision that will have terrible repercussions in the future? Stay tuned! [ New York Times ]

• The state of Michigan drafts legislation to hold another primary on June 3. Obama balks. Clinton advisor Harold Ickes calls him a pussy. This will happen one million more times before June 3.[ The Hill ]

• Now that Obama's on the ropes, his critics have goaded him into giving another speech -- this time on race. Is this really what they want? Have they seen this guy give a speech? [ New York Times ]

• Here it is, you vultures: a six-day, blow-by-blow account of Bear Stearns' collapse. [ Wall Street Journal ]

• Barack Obama's "controversial" ex-pastor appears to be well-educated, socially tolerant, and occasionally inclined to hyperbole. In other words, a charlatan. [ Washington Post ]

• The recent shakeup in the financial markets offers a revealing glimpse at how our three major Presidential candidates would govern. McCain doesn't know and doesn't care about the economy, while Clinton and Obama are short on specifics. [ Los Angeles Times ]