Talk About Your Buzz (or Bump) Kill

Wonkette Notes:

McCain Nomination Greeted By Economic Collapse

Here are the current Top Headlines at Bloomberg:

*Payrolls in U.S. Fall More Than Forecast;

*Jobless Rate at Five-Year High

*Mortgage Foreclosures in U.S. Rise at Fastest Pace in Almost Three Decades

*U.S. Stocks Decline After Unemployment Rate Unexpectedly Increases to 6.1%

*Merrill Lynch Cut to `Sell’ at Goldman;

*Credit-Market Writedowns May Rise

*Gabelli Says Investors Have Good Reason to Worry About Earnings Next Year

*McCain Vows to Change Washington, ‘Restore’ Republican Party’s Principles