I feel that the Democrats just could have planned to bring the economic situation to the place where it is now, at this point in time, knowing that their tracks were covered well enough, and it would have a negative effect on McCain no matter what he did.
And, even if there was the possibility that some of the Dems were outed for their participation and support of unethical and unscrupulous practices concerning Fannie Mae/Freddie Mac (et al), and the huge profits they have made through their relationships with those entities, it would take a lot of time and proof to get it all to light for all of the public to believe. Since there isn't a lot of time, I think they just rolled the dice on this and took their chances.
I believe they figure it would be/was worth the risk and figure it no personal repercussions would actually happen, at least not in the 40 days left to election, In the meantime, they would continue to totally blame the Republicans. Blame them for the crisis, blame them for not supporting the bailout, etc. All while Obama's position in the polls keeps rising.
I am sure they felt that after this is over, McCain would have been wounded enough by bad press and when Obama is in the WH, and more Dems are elected to Congress, those same Dems. will be safe again, protected by the big "o."
No matter how many times there are questions about Dodd's, or Obama's involvement all along, and how they profited, the Dems know that any Obama supporters won't believe any finger-pointing at them now anyway. People who are in his camp Obama are like love sick fools, all prepped and ready for the marriage to take place and no one will convince them to change their minds.
The campaign has moved to the point where no one will consider any truth about Obama, or Dodd or their cronies to be anything but a smear. So the Democrats have figured to take advantage of that mind-set and try to reel in the independents or non-commited voters with this new scare tactic issue. It is working, the polls are showing that.
They have created a situation for McCain where he was damned if he did, and damned if he didn't. Obama, in the meantime has been quiet, kept safely out of the Frey, and is smirking right along. His people ran interference for him after this pass, and he is heading toward the goal line.
I support McCain. I don't like the bailout/rescue plan, whatever name they are giving this. But McCain can't block everything that is proposed and the press and the Dems will toast him even if he is 100% right to disagree.
No matter how this ends up, no one should opt to change their vote for McCain. If you do, you have let the Democrats win the game, not just with Obama. You will have secured that not one of the Democrat politicians will face any consequences for this and the future for taking these people responsible for this crisis to task will be forfeited!!! Obama, you can be sure, will not let any one of them face any questioning or outing from their comfy Senate seats.
With McCain in the White House, I am sure the investigations into this will cause a great deal of discomfort and eviction of those accountable.