Top Items:
Times of London:
US Treasury rescue for Fannie Mae and Freddie Mac — Treasury secretary looks at $15 billion cash injection for crisis-hit mortgage lenders — US TREASURY secretary Hank Paulson is working on plans to inject up to $15 billion (£7.5 billion) of capital into Fannie Mae and Freddie Mac …
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stephenbainbridge.com:
The Imminent Fannie Mae and Freddie Mac Debacle — Fannie Mae “is a government sponsored enterprise (GSE) of the United States federal government. It is a shareholder-owned corporation authorized to make loans and loan guarantees. It is not backed or funded by the U.S. government …
Discussion:
Outside The Beltway, Los Angeles Times, PrestoPundit, Truthdig, Vodkapundit and New York Times
Faiz / Think Progress:
Bush Homeland Security Aide Caught On Tape Offering High-Level Access For Donations To Bush Library — The Sunday Times reports Stephen Payne, a Bush pioneer and a political appointee to the Homeland Security Advisory Council, was caught on tape offering access to key members …
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Daniel Foggo / Times of London:
President George W Bush lobbyist in ‘cash for access’ row — A lobbyist with close ties to the White House is offering access to key figures in George W Bush's administration in return for six-figure donations to the private library being set up to commemorate Bush's presidency.
New York Times:
The Times Interviews John McCain — Following are excerpts of a transcript of an interview conducted by The New York Times's Adam Nagourney and Michael Cooper with Senator John McCain in Hudson, Wisconsin, on July 11. The answers are transcribed verbatim; some of the questions are paraphrased.
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New York Times:
McCain's Conservative Model? Roosevelt (Theodore) — HUDSON, Wis. — Senator John McCain in a wide-ranging interview called for a government that is frugal but more active than many conservatives might prefer. He said government should play an important role in areas like addressing climate change …
N. Gregory Mankiw / New York Times:
What if the Candidates Pandered to Economists? — IN the months to come, John McCain and Barack Obama will be vying for the support of various voting blocs. It is safe to say, however, that one group won't get much attention: economists. — The American Economic Association represents …
Los Angeles Times:
Obama, McCain agree on many once-divisive issues — Their similar stances on immigration, nuclear weapons, global warming and stem-cell research are evidence of a centrist shift in the political landscape. — WASHINGTON — For Amy Rick, the 2008 presidential election is a win-win situation.
Thers / Firedoglake:
OBAMA ROCKED BY SCANDAL: Is Presidential Bid Over? — I know we're not supposed to directly quote AP stories without paying them serious cash, but this story is so important and has such major ramifications for this election — which will of course decide the leader of the free world …
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Steven Lee Myers / New York Times:
U.S. Considers Increasing Pace of Iraq Pullout — WASHINGTON — The Bush administration is considering the withdrawal of additional combat forces from Iraq beginning in September, according to administration and military officials, raising the prospect of a far more ambitious plan than expected only months ago.
Marie Colvin / Times of London:
Nouri al-Maliki ready to oust US from Iraq green zone — The green zone of Baghdad, a highly fortified slice of American suburbia on the banks of the Tigris river, may soon be handed over to Iraqi control if the increasingly assertive government of Nouri al-Maliki, the prime minister, gets its way.
Discussion:
Newshoggers.com
CNN:
McKinney is Green Party presidential nominee — (CNN) — The liberal environmentalist Green Party nominated former Congresswoman Cynthia McKinney as its presidential candidate Saturday. — McKinney, 53, held off three rivals to win the party's nomination during its convention in Chicago, Illinois.
Discussion:
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