Top Items:
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:
MoJoBlog, Firedoglake, NO QUARTER, Buck Naked Politics, Happy Furry Puppy Story … and Paul Krugman
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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.
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 …
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, The Glittering Eye, Board of Governors …, Washington Monthly, Buck Naked Politics, The Sideshow, The American Scene, Wall Street Journal, EconLog, Los Angeles Times, Agence France Presse, LewRockwell.com Blog, The Mahablog, DownWithTyranny!, Newshoggers.com, EconoPundit, Bang the Drum, THE ASTUTE BLOGGERS, Firedoglake, Boing Boing, Prairie Weather, Corrente, The RBC, DealBook, Pacific Views and Marginal Revolution
CNN:
Changes rock Wall Street — (CNN) — The venerable Lehman Brothers investment bank said early Monday that it will file for bankruptcy, while Bank of America unveiled plans to buy Merrill Lynch — two pieces of news that profoundly alter the American financial landscape.
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.
Discussion:
The Hill's Pundits Blog, The Opinionator, The Marathon Blog, Political Punch and Lynn Sweet
Christopher Hass / Barack Obama and Joe Biden:Statement from Senator Obama on the Situation in Financial Markets
Discussion:
Weekly Standard
Greg Sargent / TPM Election Central:McCain This Morning: “The Fundamentals Of Our Economy Are Strong”
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.
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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.
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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.
Steve Benen / Washington Monthly:EVEN FOX NEWS.... I guess we've reached a tipping point.
Discussion:
TBogg
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 …
Discussion:
The Crypt's Blogs, Commentary, www.redstate.com, Wolf Howling, A Blog For All, www.redstate.com and TaxProf Blog
Allahpundit / Hot Air:
New Obama ad: Hey, McCain's a liar — See Kaus for why this is “a total loser strategy,” paying particular attention to 5(b). If, after a week of saturation coverage of Lipstickgate, you want to whine about the other guy's nastiness, it would behoove you to offer concrete examples at least (McCain's sex-ed ad, etc.).
Discussion:
www.redstate.com
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Ben Smith / Ben Smith's Blogs:Obama: ‘Honor’ — In his new ad, Obama goes at McCain on process …
Discussion:
Pam's House Blend
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.
Barton Gellman / Washington Post:
Cheney Shielded Bush From Crisis — This is the second of two stories adapted from “Angler: The Cheney Vice Presidency,” to be published Tuesday by Penguin Press. — Vice President Cheney convened a meeting in the Situation Room at 3 p.m. on Wednesday, March 10, 2004 …
Discussion:
Firedoglake, Salon, The Anonymous Liberal, They gave us a republic, Balkinization, ACSBlog and Swampland
Ryan Corsaro / CBS News:
Biden: Americans Want “ Sleepover With People They Like!” — From CBS News' Ryan Corsaro: — (CHARLOTTE, N.C.) - Joe Biden came up with an interesting metaphor tonight. — When telling the story of how his granddaughters had a slumber party with Barack Obama's daughters during the week …
Directorblue / Doug Ross:
Chicago TV in 2000: Obama admits a terrorist launched his career — Barack Obama was interviewed by Bill O'Reilly last week. … But on local television in 2000, Obama told a very different story. … Yet this important qualification in Barack Obama's career has been utterly …
Discussion:
JustOneMinute, The Campaign Spot, Wizbang, Global Labor and Politics and THE ASTUTE BLOGGERS
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