Former Reagan Chief of Staff James Baker on Sunday took issue with having the 40th President blamed for financial deregulation.
When "Meet the Press" host David Gregory brought this up at the end of his program, Baker replied, "[The deregulation of the financial industry didn't occur on Ronald Reagan's watch, it occurred for the most part, I think, on Bill Clinton's watch" (video follows with transcript and commentary):
Not that there was any doubt that McCain walked away the winner from Rick Warren's forum, but when David Shuster cracks that Obama was lucky not too many people were watching . . . Subbing for Chris Matthews on this evening's Hardball, Shuster kibitzed Saddleback with Dem Steve McMahon and Republican Todd Harris. Shuster made his surprising remark at segment end.
DAVID SHUSTER: I think it also revealed that John McCain's going to be a much better debater than a lot of people think. And maybe also in some sense, Barack Obama is lucky in a way that Saturday night was Michael Phelps' night and not a night when a lot of people were paying attention to politics.
A bit later, Shuster used Phelps to work in an obligatory swipe at President Bush. After rolling tape of a clearly-excited Phelps mentioning that it was "pretty cool" that the president had taken pictures with him at the pool after the 400 individual medley race, Shuster pounced: "even cooler for the president, who's probably happy that someone popular wanted to get a picture with him."