But I also think this is a golden opportunity for John McCain. By opposing the bailout, he would be essentially be following the same recipe he used when deciding to pick Sarah Palin; it's both a bold move -- and a conservative move!
Moreover, he would essentially be the one offering change from the Bush/Obama bailout. Does Obama really want to be the one giving George Bush a blank check?
In short, I don't think McCain should do this for political reasons. However, I think there are strong philosophical -- and political -- reasons for McCain to oppose this.