POLITICAL THEATER ON EARMARKS, FROM DAVID OBEY:

House Appropriations Chairman David R. Obey, D-Wis., today outlined how earmarks will be disclosed before conference, and warned that if Republicans “demagogue” the issue there might be no earmarks in the fiscal 2008 bills.

Bring it on! Threaten some more!

UPDATE: Jules Crittenden surveys the scene and comments:

I think we can now officially call this a lame-duck Congress.

Ouch.