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.
Discussion:
Washington Post, Washington Monthly, The American Scene, EconLog, Los Angeles Times, The Mahablog, DownWithTyranny!, DealBook, LewRockwell.com Blog, Bang the Drum, Connecting.the.Dots, Corrente, The RBC, Prairie Weather, THE ASTUTE BLOGGERS, Pacific Views, Calculated Risk, Marginal Revolution and Wall Street Journal
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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.
Discussion:
Townhall.com, Reuters, TIME.com, The Caucus, Agence France Presse, Spin Cycle and Grasping Reality …
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.
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.
Agence France Presse:
US in ‘once-in-a-century’ financial crisis : Greenspan
US in ‘once-in-a-century’ financial crisis : Greenspan
Discussion:
Pam's House Blend
Wall Street Journal:
Crisis on Wall Street as Lehman Totters, Merrill Is Sold, AIG Seeks to Raise Cash
Crisis on Wall Street as Lehman Totters, Merrill Is Sold, AIG Seeks to Raise Cash
Discussion:
City Room, ScrappleFace, The Other McCain, Jay Currie, The American Mind, Dealbreaker, Shakesville and naked capitalism
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.
Discussion:
protein wisdom, Townhall.com, The Moderate Voice, NO QUARTER, www.redstate.com, Fox News, Wake up America, Betsy's Page and Pajamas Media
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Ed Morrissey / Hot Air:
Did Obama try to scotch an Iraqi-US agreement on military forces? — Amir Taheri accuses Barack Obama of interfering in the attempt to negotiate a status-of-forces agreement with Iraq while making his trip to Baghdad in July. In his New York Post column, Taheri quotes the Iraqi Foreign Minister …
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.”
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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 …
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.
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Dotcomabc / Political Punch:
Joe Who? — When Democratic presidential nominee Sen. Barack …
Joe Who? — When Democratic presidential nominee Sen. Barack …
Discussion:
BrothersJudd Blog
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.
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Directorblue / Doug Ross:
Chicago TV in 2000: Obama admits a terrorist launched his career
Chicago TV in 2000: Obama admits a terrorist launched his career
Discussion:
JustOneMinute, The Campaign Spot, Wizbang, Global Labor and Politics and THE ASTUTE BLOGGERS
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 …
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.
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Hilzoy / Washington Monthly:
Donald Luskin Reclaims His Title
Donald Luskin Reclaims His Title
Discussion:
Lawyers, Guns and Money, EconoPundit, Firedoglake, Angry Bear, naked capitalism and TBogg
Think Progress:
McCain Loses Fox News: Megyn Kelly Rips McCain Flack For Claiming Obama Would Raise Middle Class Taxes — On Fox News today, host Megyn Kelly called out McCain campaign spokesman Tucker Bounds for the campaign's lies about Sen. Barack Obama's (D-IL) tax proposals.
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.
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 …
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.
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