November 3, 2008 4:03PM

Today at Cato

By Cato Editors

Op‐​Ed: “Obama’s ‘$4 Billion for Exxon’ Myth,” by Alan Reynolds in The Wall Street Journal.

In the final days of the campaign, Barack Obama continues to land the same sucker punch on taxes he used in the debates — and John McCain continues to take it on the chin.

Op‐​Ed: “Renewables Aren’t the Answer,” by Robert J. Michaels in USA Today.

America needs lots of clean, low‐​cost, secure electricity. Unfortunately, renewable sources don’t fill the bill, and a national requirement wouldn’t change things.

Article: “Talking Down the Banking System and the FDIC,” by Vern McKinley on Cato​.org.

The lesson learned during the banking crisis of the 1980s and 1990s when thousands of institutions failed and were taken over by the RTC and FDIC was not to talk down the condition of the banking system — a lesson that seems forgotten.

Podcast: “Nightly Morphin’ Bailout Dangers,” featuring William A. Niskanen.