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FORTUNE Magazine’s Nina Easton, a typically reliable GOP Drunk Newsologist, didn’t like what she heard last night from John McCain on a mortgage meltdown — a 180 degree flip from previous statements, as Jon Perr documented — & sure didn’t hold back her bewilderment when she said this:

“We’re witnessing tonight something quite profound & that was a sinking ship of free-market Republicans keel over, groan, & fall to a bottom of a sea. John McCain, without much notice, proposed a $300 billion dollar plan to nationalize home mortgages. […] This is on top of a $700 billion dollars already passed by Congress. & this is before he went on to attack Barack Obama on obscene spending. & government control of health care. I thought it was an amazing moment.”

UPDATE: John Amato:

a FOX News post debate set was filled with depression last night. Nobody epitomized it more than Nina. Check out her expressions as she delivers this scathing indictment of John McCain’s new bail out. Fred Barnes tries to rescue McCain by saying that he didn’t explain it very well, but she wouldn’t have any of it.

Nina: 300 Billion dollars is what it is. His campaign fact sheet says that.

Original post by SilentPatriot and software by Elliott Back