Political Squawk: National Debt

If it's Friday, there's bound to be a whole lot of squawking going on.

The national debt clock in New York's Time Square is about to go cuckoo as the national debt edges toward $10 trillion.

The problem?

Besides costing every American over $33,000 each?

The scoreboard display doesn't have enough space for a number that large.

Meanwhile, the stock market binge and purge over the last 366 days translates into $8.3 trillion loss to shareholders.

Financially rescued AIG took the post-bailout money and ran...as in ran up up up a $23,000 spa bill while resting and relaxing at a California resort to the tune of $400,000.

John McCain wants to buy up bad mortgages, using half of the $700 billion bailout package to keep people in their homes. Pretty liberal use of our wallet and if you ask me, his plan walks and talks a wee bit like socialism.

Speaking of the Arizona senator, Hardball's Chris Matthews cuckooed his own Big Question.

Can John McCain win the election in this economy?


Talk to Me.