Can We Just Tax Rich Liberals?

Not a bad exchange between McCain and Letterman, demonstrating Letterman is just as quick as McCain, but it seems as though it's a little late.

CATCH THE EXCERPT ABOUT 4:15 INTO THE AUDIO-VIDEO: McCain tells Letterman that, if elected, his first executive order will be to raise Letterman's taxes in order to distribute his wealth. I like that idea.

The band played the Who's "I Can't Explain" as McCain walked onstage at the Ed Sullivan Theater. After he sat down, Letterman asked, "Can you stay?"

"Depends on how bad it gets," McCain answered.

Letterman appeared to ridicule McCain about the implication that Obama and Ayers had a relationship.

"Are they double-dating, are they going to dinner, what are they doing?" Letterman asked. "Are they driving across country?"

"Maybe going to Denny's," McCain said.

While McCain risked a rough appearance -- "I haven't had so much fun since my last interrogation," he said -- it gave him the chance to show courage in the face of fire.

What can future candidates learn from this: when Wall Street is in the throws of a recession, book Letterman and Late Night instead of D.C.