I don’t have time to write my own entry right now (too busy marking) but instead I’ll point you at anthonybaxter and crazyjane13 for excellent analyses of both the American "I can’t believe it’s not socialism" $700 billion bail out and the Catholic "What laws? I don’t see no steenkin’ laws" response to the abortion legalisation issues.
When you’re done being outraged by it all, go watch the trailer for Repo: A Genetic Opera, starring Anthony Stewart Head (yes, that one), Paris Hilton (yes, that one) and Nivek Ogre (from Skinny Puppy), because the world just isn’t weird enough. You have dr_nic to thank for that one.