Perpetually fretting Democrats will not want to accept it. The campaigns themselves can't afford to believe it. Many journalists know it but can't say it. And there will certainly be some twists and turns along the way. But take it to a well capitalized bank: Bill Ayers isn't going to save John McCain. The race is over.
John McCain's candidacy is as much a casualty of Wall Street as Lehman or Merrill. Like those once vibrant institutions, McCain's collapse was stunning and quick. One minute you are a well-respected brand. The next you are yelling at the messengers of your demise as all around you the numbers start blinking red and stop adding up.