NBC News political director: Media taking bait on "lipstick" comment "a joke," "laughable"

SUMMARY: On Morning Joe, NBC News political director Chuck Todd said of media coverage of Sen. Barack Obama's comment that "[y]ou can put lipstick on a pig; it's still a pig" while discussing Sen. John McCain's proposed policies: "I think the McCain campaign is laughing, laughing their butts off this morning. That any of us have taken the bait on this lipstick thing, I mean, this is a joke. It is laughable." Time's Jay Carney stated that the McCain campaign's claim that Obama's comments represented "sexism" was "false" and "ridiculous."

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