Top Items:
New York Times:
U.S. Rescue Seen at Hand for 2 Mortgage Giants — WASHINGTON — Senior officials from the Bush administration and the Federal Reserve on Friday informed top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, that the government was preparing to seize the two companies …
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Washington Post:
Fannie Mae, Freddie Mac to be Put Under Federal Control, Sources Say — The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives, and use government funds to prop them up, government officials told …
Discussion:
Firedoglake, Calculated Risk, The Agonist, HorsesAss.Org, Marginal Revolution, BlondeSense, On Deadline and Emptywheel
Ed Morrissey / Hot Air:
Guess which card Obama pulled out of the deck today? — With both Rasmussen and Gallup showing Barack Obama moving backwards even before the Republican Convention dropped its balloons on Andrea Mitchell, one can excuse the Democratic nominee for hearing footsteps. How desperate has he gotten?
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Alexander Marquardt / CNN:
Obama: ‘Not about the issues’ comment means making stuff up — DURYEA, Pennsylvania (CNN) - Barack Obama continued to hammer the McCain campaign on Friday for manager Rick Davis's comments that the election would be more about the candidates' personas, not the issues.
Discussion:
Ben Smith's Blogs
Gallup:
Gallup Daily: Obama's Lead Now at 4 Points — Obama's position about halfway between his recent highs and lows — PRINCETON, NJ — Gallup Poll Daily tracking from Tuesday through Thursday finds Barack Obama with a four-percentage-point lead over John McCain in the presidential preferences of registered voters, 48% to 44%.
Newsweek:
Nominee's ally moves to curb probe of Palin — Key Alaska allies of John McCain are trying to derail a politically charged investigation into Gov. Sarah Palin's firing of her public safety commissioner in order to prevent a so-called “October surprise” that would produce embarrassing information …
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Zachary Roth / TPMMuckraker:Lawmakers To Issue Subpoenas, But Not For Palin, on Trooper-Gate
Discussion:
Anchorage Daily News, D-Day, Three Wise Men, Open Left, Mudflats, TalkLeft, AndrewHalcro.com, Daily Kos and Kevin Drum
Josh Marshall / Talking Points Memo:DELICATE DANCE — The investigators up in Alaska have come …
Discussion:
TPMMuckraker
Marc Ambinder:
No Interviews Till She's Ready — A senior McCain campaign official advises that, despite the gaggle of requests and pressure from the media, Gov. Sarah Palin won't submit to a formal interview anytime soon. She may take some questions from local news entities in Alaska, but until she's ready …
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Bill W. / Crooks and Liars:
Sarah Palin the ‘Earmark Queen’ of AK Left Wasilla $20 Million in Debt — After finishing as a runner up for Miss Alaska 1984, Sarah Palin went on to be crowned the state's Queen of Earmarks and its Empress of Fiscal Irresponsibility. — Wonk Room: Sarah Palin: Earmark Queen Of The Earmark State
Lexie Verdon / Washington Post:
Plane Not Sold on eBay — One of the compelling anecdotes about Sarah Palin is that she auctioned off the Alaska governor's jet on eBay after taking office — a swift move made by a reformer hoping to clean up the excesses of her predecessor. — But in fact, the jet did not sell on eBay.
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Hollywoodreporter / The Live Feed:
Updated: McCain beats Obama. Unless ... UPDATED: If election night is half as close and contested as Thursday's ratings race, we're in for a heckuva evening. — John McCain's speech was watched by more viewers than Barack Obama's, according to Nielsen Media Research.
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David Frum:
Why Bother? — A question that shows up a lot in my email box is: Why bother? — Sarah Palin is the vice presidential nominee of the Republican party. That's a fact. The ticket can now only win or lose. I want the ticket to win. So why not shut up and get with the program?
Lee Speigel / Political Punch:
Obama Campaign National Finance Committee Member Criticizes Palin's Parenting — On the Laura Ingraham Radio show, Friday, attorney Howard Gutman — an original member of the national finance committee for Sen. Barack Obama, D-Ill. — very directly criticized the parenting of Alaska Gov. Sarah Palin.
Discussion:
Hot Air, The Sundries Shack, Commentary, Patterico's Pontifications, American Power, Ace of Spades HQ, www.redstate.com and TigerHawk
John B. Judis / The New Republic:
Creation Myth — What Barack Obama won't tell you about his community organizing past. — In late October 1987, Barack Obama and Jerry Kellman took a weekend off from their jobs as community organizers in Chicago and traveled to a conference on social justice and the black church at Harvard.
Natalie Gewargis / Political Punch:
Oh, That Joe! (No. 9 in a Series) - Wherein Jill Biden and John McCain Dance Drunkenly on a Tabletop in Greece — Sen. Joe Biden, D-Del., likes to tell crowds that he and Sen. John McCain, R-Ariz., are friends. — In a packed gymnasium at Maple Point Middle School in Langhorne, Pa. …
Discussion:
Hullabaloo
iowahawk:
When America's Communities Need Organizing, America's Community Organizers Will Be There to Organize Them — By David Burge — Presidential Candidate — Professional Community Organizer — Organizing community youths: Dave's passion — When I listened to the snarky and demeaning …
New York Times:
In Palin's Life and Politics, Goal to Follow God's Will — WASILLA, Alaska — Shortly after taking office as governor in 2006, Sarah Palin sent an e-mail message to Paul E. Riley, her former pastor in the Assembly of God Church, which her family began attending when she was a youth.
Discussion:
Whiskey Fire
Mark Finkelstein / NewsBusters.org:
Blogger: RNC Organizer Said Protesters Had MSNBC Badges — Update | 2:56 PM EDT: Responding to my inquiry, Alana Russo of MSNBC has stated it's “completely, totally untrue” that the credentials had originated from MSNBC. In a subsequent message Ms. Russo indicated she did not know whether …
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