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9:40 AM ET, September 16, 2008

memeorandum

 Top Items: 
Jackie Calmes / New York Times:
In Candidates, 2 Approaches to Wall Street  —  WASHINGTON — The crisis on Wall Street will leave the next president facing tough choices about how best to regulate the financial system, and although neither Senator Barack Obama nor Senator John McCain has yet offered a detailed plan …
RELATED:
New York Times:
Fed Takes Steps to Aid A.I.G.  —  Major credit ratings agencies downgraded the American International Group late Monday, worsening its financial health, as Federal Reserve officials and two leading investment banks were in urgent talks to put together a $75 billion line of credit to stave off a crisis at the company.
Randall W. Forsyth / Barron's Online:
An AIG Accident Could Dwarf Lehman's  —  Downgrades could trigger margin calls as insurer seeks a massive cash infusion.  —  COULD THIS BE THE BIG ONE?  —  Scarcely a day after the stunning news of the bankruptcy filing by Lehman Brothers and takeover of Merrill Lynch by Bank of America …
John Berlau / OpenMarket.org:
Lehman bankruptcy: In capitalism, failure is not a dirty word
Discussion: THE ASTUTE BLOGGERS and The Corner
Jeanne Cummings / The Politico:
As markets reel, the blame game begins
Discussion: The Swamp and TIME.com
Michael Lewitt / New York Times:
Wall Street's Next Big Problem
Wall Street Journal:
Why Obama's Health Plan Is Better  —  The big threat to growth in the next decade is not oil or food prices, but the rising cost of health care.  The doubling of health insurance premiums since 2000 makes employers choose between cutting benefits and hiring fewer workers.
RELATED:
Bob Herbert / New York Times:
McCain's Radical Agenda  —  Talk about a shock to the system.  Has anyone bothered to notice the radical changes that John McCain and Sarah Palin are planning for the nation's health insurance system?  —  These are changes that will set in motion nothing less than the dismantling …
Richard Cohen / Washington Post:
The Ugly New McCain  —  Following his loss to George W. Bush in the 2000 South Carolina primary, John McCain did something extraordinary: He confessed to lying about how he felt about the Confederate battle flag, which he actually abhorred.  “I broke my promise to always tell the truth,” McCain said.
David Brooks / New York Times:
Why Experience Matters  —  Philosophical debates arise at the oddest times, and in the heat of this election season, one is now rising in Republican ranks.  The narrow question is this: Is Sarah Palin qualified to be vice president?  Most conservatives say yes, on the grounds that something …
Discussion: Eunomia, Swampland and The RBC
Lee Speigel / Political Punch:
Palin and the Teleprompter  —  At a fundraiser in Canton, Ohio, this evening, Alaska Gov. Sarah Palin had an interesting description of her speech to the Republican convention.  —  “There Ohio was right out in front, right in front of me,” Palin said.  “The teleprompter got messed up …
RELATED:
Washington Wire:
Palin Tells Debunked Teleprompter Tale
Discussion: Washington Monthly
Benjamin Sarlin / New York Sun:
Poll: McCain Fast Approaching Obama Among New York State Voters  —  New York is on its way to becoming a battleground in this year's presidential election, with Senator McCain rapidly dissolving Senator Obama's lead in the Empire State, according to a new poll.
Discussion: JammieWearingFool
Ed Morrissey / Hot Air:
Obama's character assassins target another National Review journalist  —  David Freddoso attempted to appear on Milt Rosenberg's WGN radio show last night, and just as when Stanley Kurtz tried to talk on the same show, the Barack Obama campaign organized a disruption of the show.
RELATED:
Mark Hemingway / The Corner:
Obamaphiles Drowning Out Criticism Again
Ben Smith / The Politico:
A tanning bed in the Governor's Mansion  —  Sarah Palin brought one unusual accessory to the Alaska Governor's mansion after moving in last year: A tanning bed.  —  Al Giordano's NarcoNews first reported that Palin had the apparatus installed in the mansion in Juneau, and a spokesman …
RELATED:
Rachel Paula Ab... / Us Weekly:
Sarah Palin Installed Tanning Bed at Governor's Mansion
Discussion: TMZ.com, Truthdig and NewsBusters.org
Byron York / National Review:
On Sex-Ed Ad, McCain Is Right  —  In recent days, a consensus has developed among the Obama campaign and commentators in the press that John McCain has decided to lie his way to the White House.  Exhibit A in this new consensus is McCain's ad, released last week, claiming that Barack Obama's …
Julia O'Malley / McClatchy Washington Bureau:
Radio host suspended for airing anti-Palin protesters' numbers  —  Anchorage AM radio host Eddie Burke has been suspended for a week for broadcasting the phone number of women involved in organizing a protest against Sarah Palin.  —  The women later received threatening phone calls.
Discussion: TheZoo
Ben Smith / The Politico:
New Obama ad hits McCain on pay for women  —  A new, and unreleased, Obama ad, airing (at least) in Virginia, attacks McCain for his opposition to legislation requiring women receive equal pay for equal work.  —  The ad says women are paid 77 cents on the dollar, and the female narrator says …
Discussion: Commentary and MyDD
RELATED:
The Huffington Post:
Obama Lays Out Plans To Woo Women Voters: Forget Palin, Focus On Equal Pay
Discussion: Taylor Marsh and Daily Kos
Big Tent Democrat / TalkLeft:
Why The Lack Of Respect For The Netroots?  —  Matt Stoller and Chris Bowers discuss the Netroots and its actions.  Bowers uses the provocative title “Why Should Anyone Respect The Netroots?”  It is a good question.  I know I personally lost a lot of respect for the Netroots in the past 2 years.
Discussion: Open Left
Editor and Publisher:
McCain Tells AP and Newspaper Editors: OK, Obama Did NOT Call Palin a ‘Pig’  —  JACKSONVILLE Did Barack Obama really call Sarah Palin a pig, as a John McCain ad leads people to believe?  “No,” McCain said Monday.  The Republican presidential nominee defended the ad anyway, saying Obama “chooses his words very carefully.”
 
 
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 More Items: 
Ernesto Londoño / Washington Post:
Iraq Bombings Leave 30 Dead
Discussion: Informed Comment
Lee Speigel / Political Punch:
Out West, Obama Faces Gun Battle
Directorblue / Doug Ross:
Jamie Gorelick, Mistress of Disaster
Discussion: Commentary
C.J. Chivers / New York Times:
Georgia Offers Fresh Evidence on War's Start
BBC:
Ukraine's government falls apart
TPMMuckraker:
A Bridge Too Far: McCain Falsely Claimed Palin Vetoed Earmarks
Wall Street Journal:
McCain Team Hustles Amid Rising Interest
Discussion: Betsy's Page
Christopher Hitchens / Slate:
Pakistan Is the Problem  —  AND BARACK OBAMA SEEMS …
 Earlier Items: 
National Review:
McCain Responds to Obama's Reported Undermining of the Commander …
Ari Levy / Bloomberg:
WaMu Rating Lowered to Junk by S&P on Mortgage Losses
Discussion: Left in the West and Slog
Matt Stoller / Open Left:
This is Weird  —  That's Mitt Romney calling McCain out on lying …
Jeffrey Ressner / The Politico:
Hollywood events could rake in $9M
Stephen Spruiell / The Corner:
Don't Do It  —  I'm hearing disconcerting rumors that McCain …
Ann Althouse / Althouse:
“What's happened to John McCain? …
Ian Welsh / Firedoglake:
As the Markets Plunge, Bernanke and Paulson Gamble Depositors Money
CNN:
Powell still undecided, says Obama win would be ‘electrifying’
Discussion: TIME.com