Top Items:
Marc Ambinder:
Kristol Fails To Check His Sources, And So Bungles Key Fact In Anti-Obama Column — Bill Kristol's New York Times column about Barack Obama this morning contains a major, prejudicial error. — Paragraph five: … The error is in trusting the source without checking.
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Ronald Kessler / NewsMax.com:
Washington Insider with Ronald Kessler — Obama Attended Hate America Sermon — Contrary to Senator Barack Obama's claim that he never heard his pastor Jeremiah A. Wright, Jr. preach hatred of America, Obama was in the pews last July 22 when the minister blamed the “white arrogance” …
William Kristol / New York Times:
Generation Obama? Perhaps Not. — Sunday evening, Ben Affleck and Jennifer Garner held a “Generation Obama” fund-raiser at Boston's Rumor Nightclub. In case you're not up on the Boston club scene, I should tell you that Rumor “brings together the sexiest and hippest people from around the globe” …
Discussion:
Naked Politics, Political Machine, Scared Monkeys, MSNBC, Publius Pundit, Don Surber, NewsBusters.org and QandO
Roger Cohen / New York Times:
Obama's Brother in China — So there I was, a couple of weeks back, sitting under a mango tree in western Kenya, when Senator Barack Obama's half-sister Auma says to me: — “My daughter's father is British. My mom's brother is married to a Russian. I have a brother in China engaged to a Chinese woman.”
Wall Street Journal:
Obama Under Fire As Personal Ties Stir Controversy — Pastor, Ex-Patron — Give the Campaign — New Set of Problems — Democratic presidential candidate Sen. Barack Obama is entering a new phase of scrutiny as he grapples with the fallout from statements by his longtime spiritual adviser …
Paul Krugman / New York Times:
The B Word — O.K., here it comes: The unthinkable is about to become the inevitable. — Last week, Robert Rubin, the former Treasury secretary, and John Lipsky, a top official at the International Monetary Fund, both suggested that public funds might be needed to rescue the U.S. financial system.
Discussion:
TPMCafe, The Democratic Daily, The Peking Duck, Corrente, Brilliant at Breakfast and Connecting.the.Dots
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Megan McArdle:
Sold! — So JP Morgan has agreed to buy Bear Stearns at $2 a share. As others have already pointed out, this is, from the point of view of the shareholders, just barely better than bankruptcy. Talk of a bailout of the bank is silly—this wasn't a bailout; it was an orderly winding-up of business.
Discussion:
Marc Ambinder, michellemalkin.com, Bloomberg, Associated Press, Obsidian Wings and TigerHawk
Andrew Ross Sorkin / New York Times:
JP Morgan Pays $2 a Share for Bear Stearns — In a shocking deal reached on Sunday to save Bear Stearns, JPMorgan Chase agreed to pay a mere $2 a share to buy all of Bear — less than one-tenth the firm's market price on Friday. — As part of the watershed deal, JPMorgan and the Federal Reserve …
Discussion:
Think Progress, The Lede, New York Magazine, Redstate, Washington Monthly, DealBook, Eschaton, Marginal Revolution and Hullabaloo
Edmund L. Andrews / New York Times:
Fed Acts to Rescue Financial Markets — WASHINGTON — Hoping to avoid a systemic meltdown in financial markets, the Federal Reserve on Sunday approved a $30 billion credit line to engineer the takeover of Bear Stearns and announced an open-ended lending program for the biggest investment firms on Wall Street.
Wall Street Journal:The Buck Stops Where? — In the credit market panic that began …
Discussion:
Donklephant
Landon Thomas Jr / New York Times:Fears That Bear Stearns's Downfall May Spread
Discussion:
AMERICAblog
Wall Street Journal:Bear Stearns Closes in on Deal To Sell Itself to J.P. Morgan
Discussion:
Reuters, Business Wire, The Age, The American Mind, Hot Air, The Bonddad Blog, The Volokh Conspiracy, Law Blog, Eschaton, DealBook, New York Times, Gothamist, Redstate, Portfolio, Gawker, The American Scene, Economist's View, Grasping Reality …, DownWithTyranny!, The Big Picture, Bloomberg, Truthdig, Pressing Issues, HorsesAss.Org, Emptywheel and Greg Mankiw's Blog
Jeane MacIntosh / New York Post:
I WAS MCG AND WIFE'S THREE-WAY SEX STUD: EX-DRIVER — A former driver and aide to former New Jersey Gov. Jim McGreevey yesterday made the bombshell claim that Dina Matos McGreevey must have always known her husband was gay - because he was the other man in bed with them.
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New Jersey Online:
McGreevey aide says he had sexual trysts with ex-governor, wife — A former aide to James E. McGreevey said today that he had three-way sexual trysts with the former governor and his wife before he took office, challenging Dina Matos McGreevey's assertion that she was naive about her husband's sexual exploits.
Discussion:
Gawker, Gothamist, JunkYardBlog, JammieWearingFool, Gateway Pundit, Pam's House Blend, Political Byline and The Other McCain
Lesley Clark / MiamiHerald.com:
Democrats unable to agree on Florida do-over — The ongoing problem of how to resolve Florida's outsider status in the presidential race continued to divide Democrats. — AIM — lclark@MiamiHerald.com — As the Florida Democratic Party gets ready to decide Monday whether to pull …
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Scott Helman / Boston Globe:
Many voting for Clinton to boost GOP — Seek to prolong bitter battle — For a party that loves to hate the Clintons, Republican voters have cast an awful lot of ballots lately for Senator Hillary Clinton: About 100,000 GOP loyalists voted for her in Ohio, 119,000 in Texas, and about 38,000 in Mississippi, exit polls show.
Dan Balz / Washington Post:
White Male Vote Especially Critical — Questions Remain Over Obama's Ability to Appeal to Demographic — In the fierce campaign between Sens. Hillary Rodham Clinton and Barack Obama, a battle dominated by questions of race and gender, white men have emerged as perhaps the single critical swing constituency.
Discussion:
protein wisdom, MSNBC, Prairie Weather, Don Surber, American Power and Electoral-vote.com
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Zogby:
Zogby Poll: U.S. Wants McCain to Answer the Phone — GOP presidential candidate seen as best to handle a 3 a.m. crisis at the White House — UTICA, New York - The recent Hillary Clinton campaign advertisement asking who Americans want answering the phone in the White House when a crisis erupts …
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Alan Greenspan / Financial Times:
We will never have a perfect model of risk — The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the second world war. It will end eventually when home prices stabilise and with them the value of equity in homes supporting troubled mortgage securities.
Discussion:
Eschaton, NYT, Real Clear Politics, European Tribune, Economist's View, The Bonddad Blog and Paul Krugman
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