That, and other news, in today’s Political Panorama.

FloydpigWith the Rev. Jeremiah Wright on a speaking tour that garners more attention than Barack Obama’s own campaign appearances, and poll numbers showing Hillary Clinton in a better head-to-head match up with John McCain, can the Obama campaign bounce back? A growing media consensus today seems to be that the Obama campaign may be damaged beyond repair, with the enthusiasm leaking out of his candidacy like a newly punctured tire. Or should that be an inflatable pig?

Wright spoke today before the National Press Club, in a speech that produced more than a few new sound bites destined to provide new material for Obama’s opponents. In contrast to his interview with Bill Moyers, his appearance was more defensive, to the point where he said, "Let me try to respond in a non-bombastic way." But his tone was more combative, and he again defended his comments on the pulpit on the Sunday after 9/11, where he spoke of America’s "chickens are coming home to roost," as merely quoting the Ambassador of Iraq talking of the concept of "blowback" in U.S. foreign policy. "You can never do terrorism on other people and never expect it to come back on you." The appearance drew complete coverage across all cable channels.

None of this helps Obama — which is probably why his campaign can only find solace in that Wright appeared today rather than next Monday, the eve of the Indiana and North Carolina contests. Could another major Obama speech be in the offing?

The full Wright transcript from the National Press Club here.

Ad Contest: unveils the finalists to its "Obama in 30 Seconds" contest, in which users create spots for the candidate, on Tuesday.

Another View: Time’s Michael Scherer offers an alternative take on the White House Correspondents Assn. dinner.

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