Bloomberg has a great piece up today concerning the reaction of each Presidential Candidate to the financial crisis that hit the markets last week. This is the second such observation this week, the first being George Will's observation on Stephanapoulos this past Sunday. I'll start with Gearge Will first:

Partial Transcript:

"I suppose the McCain campaign's hope is that when there's a big crisis, people will go for age and experience," said Will. "The question is, who in this crisis looked more presidential, calm and un-flustered? It wasn't John McCain who, as usual, substituting vehemence for coherence, said 'let's fire somebody.' And picked one of the most experienced and conservative people in the administration, Chris Cox, and for no apparent reason... It was un-presidential behavior by a presidential candidate."

Yep, George Will just said McCain was "un-presidential" in a time of crisis. That in itself is startling to say the least, but Bloomberg goes several steps further and examines not only the candidate's reactions, but who they choose to surround themselves with at a time of crisis:

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More revealing, though, was to whom both candidates turned on that panic-ridden morning of Sept. 15, and how the messages evolved before and after that day.

McCain called Martin Feldstein, the well-known Republican economist and Reagan administration adviser, John Taylor of Stanford University, who served in President George W. Bush's Treasury and Carly Fiorina, once the chief executive officer of Hewlett-Packard Co.

Obama called former Federal Reserve Chairman Paul Volcker, and former Treasury Secretaries Robert Rubin and Larry Summers.

It was a mismatch.

A mismatch to say the least. I mean, Carly Fiorina? Puhlease! The fact that she was on McCain's "crisis team" says to me the big business will always come first in a McCain administration. "Shake up Warrrshington" my a**!

Analyzing the 2 candidates, the writer comes away with the feeling that most of here do, that Obama is the calm voice of reason and intellect and a much needed change from the shoot from the hip politics we've seen for the last 8 years:

Obama called for the overhaul of the financial-regulatory system and tougher enforcement well before this past week's traumas.

Detached observers who watched him last week, especially in a Bloomberg Television interview, were taken by how conversant and comfortable he was on the subject, despite his thin record. Few detached observers came away with that impression watching the Arizona senator.

And here's the money quote. Apprently 3 former SEC chairmen are backing Obama and had some interesting things to say about McCain:

Tellingly, three former SEC chairmen, a Democrat, Arthur Levitt, and two Republicans, David Ruder and Bill Donaldson, have endorsed Obama. Levitt is a board member of Bloomberg LP, the parent company of Bloomberg News.

Donaldson, who was tapped by Bush to head the SEC, says Obama called him last year about the financial-regulatory problems. He has never heard from McCain.

``Obama has been talking about the need for better financial regulation well before this crisis hit and has done some real thinking about it,'' says Donaldson, a lifelong Republican. ``McCain comes across as someone who suddenly realized changes have to be made.''

Never heard from McCain. That's because McCain knows nothing about the economy and surrounds himself with the fast food equivalent of economic advisers. They'll satisfy you're short term needs, but are deadly in the long term. I urge you to read the whole thing. He makes some wicked comparisons to the economic teams backing each candidate.

The election is coming down to the answer to this question. Do you want a "Reactionary" or a "Steady Hand" guiding you for the next 4 to 8 years?