From the Hotline:

McCain’s camp said this weekend that he viewed the gov’t takeover of Fannie Mae/Freddie Mac [Ed.-This has been masterfully chronicled and analyzed by Francis Cianfrocca at RedState] “as distasteful but essential” (New York Times), while Obama said he would be “reviewing the details of the Treasury plan and monitoring its impact” (release).

Allow me to translate the Obama response for you:

“In order to avoid the repeated embarrassment we have brought on ourselves in the Obama campaign with our repeated need to revise and extend our remarks on seemingly every topic to which we must quickly react — a phenomenon recently seen in our changing responses to John McCain’s selection of Sarah Palin as his running mate, as well as in our bumbling attempts to alter our reaction to Russia’s invasion of Georgia once McCain made a far clearer, more sensible statement on the issue — we will be waiting until John McCain has issued his answer, and until the public has responded favorably or unfavorably to such, before opening our traps and saying a single word.”

Let’s file this one under “Taking Cues from the Adult in the Room,” shall we?