HOW MCCAIN CAN PROSPER IN BAD ECONOMY

By DICK MORRIS & EILEEN MCGANN

The Wall Street mess now takes center stage in the presidential race. With company after company biting the dust, can John McCain survive as the representative of the incumbent party?

So far, McCain has focused on a populist criticism of Wall Street and its irresponsibility, firing away at corporate greed and lending practices.

But he has to fuse the issues of the economy and taxes -- to show how Barack Obama's tax proposals would lead to a catastrophic implosion of the nation's capital base.

With the top Wall Street houses crashing for a want of capital, how can Obama justify an increase, and perhaps a doubling, of the capital-gains tax?

Obama has already said he might drop his tax hikes if............... Read on.