Daily Wrap

10.03.12 2:00 AM ET

Today on the blog:

David explained how Romney is managing to be losing this race, noted Iraq's resurgence as a major oil producer, cheered Iran's current economic implosion, and pointed out the deleterious effects of extreme income inequality.

I brought up an oil potentate's attempt to maintain power in Venezuela, discussed the reasons Romney is struggling so mightily in Ohio, mourned the visibly lamentable decline of urban Detroit, and examined why price controls clearly work but aren't coming anytime soon.

We also featured, in light of tomorrow's first presidential debate, three wonderful videos of some of the best (and worst) moments in debating history.