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11:15 AM ET, September 15, 2008

memeorandum

 Top Items: 
Paul Krugman / New York Times:
Financial Russian Roulette  —  Will the U.S. financial system collapse today, or maybe over the next few days?  I don't think so — but I'm nowhere near certain.  You see, Lehman Brothers, a major investment bank, is apparently about to go under.  And nobody knows what will happen next.
RELATED:
Mike Allen / The Politico:
Bank meltdown wallops campaigns  —  America's banking instability could upend the final 50 days of the presidential campaign, with both candidates forced to confront a calamity that has gotten only glancing attention during the first 20 months of the race for the White House.
Howard Wolfson / The Flack:
It's 3am on Wall Street  —  During the primary the Clinton campaign posited the idea that a President would face a 3am call on the economy.  It looks like one of those 3am calls came this weekend as the government made the decision to let Lehman Brothers go bankrupt rather than bail the firm out.
Terence Hunt / Associated Press:
Obama blames Wall St. crisis on Republican policy  —  CHICAGO - Democratic presidential nominee Barack Obama said Monday the upheaval on Wall Street was “the most serious financial crisis since the Great Depression” and blamed it on policies that he said Republican rival John McCain supports.
Discussion: Donklephant and AMERICAblog News
David Henry / Business Week:
Wall Street's Perfect Storm  —  Investors deal with a Lehman bankruptcy, the sale of Merrill Lynch to BofA, and a possible AIG restructuring  —  Mondays better not get any more manic than this.  —  Wall Street expected to spend today trying to contain the damage from a bankruptcy filing by Lehman Brothers …
Agence France Presse:
US in ‘once-in-a-century’ financial crisis : Greenspan
Discussion: Pam's House Blend and Commentary
Ben Smith / The Politico:
Statements on Wall Street
Discussion: Washington Monthly
Board of Governors of the Federal Reserve System:
For immediate release  —  The Federal Reserve Board …
Wall Street Journal:
AIG Scrambles to Raise Cash, Talks to Fed
New York Post:
OBAMA TRIED TO STALL GIS' IRAQ WITHDRAWAL  —  WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.
RELATED:
Ed Morrissey / Hot Air:
Did Obama try to scotch an Iraqi-US agreement on military forces?
Ben Smith / The Politico:
McCain: Fundamentals are (still) strong  —  Delighting Democrats: “The fundamentals of our economy are strong,” McCain reiterates at a Florida rally this morning, before noting that “these are very, very difficult times.”  —  It's a line for which Democrats have criticized McCain before …
RELATED:
Steve Benen / Washington Monthly:
MCCAIN STILL SEES THE FUNDAMENTALS OF THE ECONOMY AS STRONG.... The Obama campaign routinely tweaks John McCain for having argued that the “fundamentals of our economy are strong.”  Last week, the Washington Post's Jonathan Weisman criticized Obama for using the line, insisting that the quote is “months old.”
Discussion: The Huffington Post
Jeanne Cummings / The Politico:
Despite record month, Obama needs more cash  —  Barack Obama's $66 million haul in August donations may set records but it's only a down payment on the huge sums the Democratic presidential nominee must continue to collect in order to compete through the Nov. 4 election.
RELATED:
L.L. Brasier / Detroit Free Press:
Bad voter applications found  —  Clerks see fraudulent, duplicate forms from group  —  Several municipal clerks across the state are reporting fraudulent and duplicate voter registration applications, most of them from a nationwide community activist group working to help low- and moderate-income families.
RELATED:
Carrie Budoff Brown / The Politico:
On the stump, Obama moves past hope  —  CHICAGO — The “hopemonger” is gone.  —  Barack Obama sounds more like a man trying to shake a rain cloud these days, dispensing a teeth-clenching, I-get-your-pain stump speech in town after town that offers only snippets of the unbridled optimism that long permeated his campaign pitch.
Discussion: Hot Air
New York Times:
Chairman Rangel  —  Mounting embarrassment for taxpayers and Congress makes it imperative that Representative Charles Rangel step aside as chairman of the Ways and Means Committee while his ethical problems are investigated.  —  This recommendation does not come easily …
Wall Street Journal:
Palin's Project List Totals $453 Million  —  McCain Campaign Says Record Shows Drop in Requests  —  Last week, Republican presidential candidate Sen. John McCain said his running mate, Alaska Gov. Sarah Palin, hadn't sought earmarks or special-interest spending from Congress, presenting her as a fiscal conservative.
Myglesias / Matthew Yglesias:
Luskin: Economy's Fine  —  Donald Luskin, seemingly upset that he hadn't been bashed recently in the progressive blogosphere, decided to write a baffling and extremely long column that ran over the weekend arguing that the economy's fine.  The Washington Post opinion section, for reasons I don't care to speculate on, decided to run it.
RELATED:
Cathy Young / Wall Street Journal:
Why Feminists Hate Sarah Palin  —  Left-wing feminists have a hard time dealing with strong, successful conservative women in politics such as Margaret Thatcher.  Sarah Palin seems to have truly unhinged more than a few, eliciting a stream of vicious, often misogynist invective.
Discussion: Althouse and Wizbang
Victoria McGrane / The Politico:
Biden speech to take hard hit at McCain  —  CHARLOTTE, N.C. — Joe Biden will deliver a high-profile first attack in a sustained anti-McCain offensive in a speech called “Bush 44” Monday in the key battleground state of Michigan.  —  While the lines of attack have long been drawn …
Discussion: Washington Monthly
Adam Nagourney / New York Times:
Candidates Strive to Break Through Media Fog  —  Senator Barack Obama had come to Granby High School in Norfolk, Va., last week to talk about education.  But first, he said, “I've got to spend just a brief moment talking about politics.”  —  For the next few minutes, he offered …
 
 
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 More Items: 
Monica Davey / The Caucus:
Palin on Fey: ‘Quite Funny’
Marc Ambinder:
What We Learned This Weekend  —  External Events Drive Elections …
Discussion: marbury
Think Progress:
McCain Loses Fox News: Megyn Kelly Rips McCain Flack For Claiming …
The Politico:
JOIN THE CONVERSATION  —  Alan Greenspan said that McCaine's …
Discussion: BrothersJudd Blog
Razib / Gene Expression:
Personality variation by region (USA)
Joe Trippi / Real Clear Politics:
It's Not Just Palin — Its the Message
Ben Smith / The Politico:
Biden: McCain has changed
Discussion: The Marathon Blog
 Earlier Items: 
Fredric U. Dicker / New York Post:
LADIES' MAN MAC IS A PLAYER IN NY
Dahlia Lithwick / Newsweek:
Put Palin on the Supreme Court
Barton Gellman / Washington Post:
Cheney Shielded Bush From Crisis
Washington Post:
Familiar Ground May Be Election's Deciding Factor
Sweetness & Light:
Co-Workers: Obama Inflated His Resume
NY Daily News:
Goodwin: Barack's big blunder
 

 
From Mediagazer:

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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