While McCain ramps up his campaign of smears towards Obama, yesterday in New Mexico, our markets tumble. There is no better example of that than the picture below which shows the market ticker while McCain continues his hitting on the tenuous Ayers/Obama association.
Why would one example of this be a big deal? Well if you listen to the McCain campaign, they had decided to abandon talking about the economy altogether because they feel they can't compete on the issue with Obama. Apparently they have realized that all they have left is to try and smear their way into the White House.