Top Items:
Michael D. Shear / Washington Post:
McCain Embraces Regulation After Many Years of Opposition — A decade ago, Sen. John McCain embraced legislation to broadly deregulate the banking and insurance industries, helping to sweep aside a thicket of rules established over decades in favor of a less restricted financial marketplace …
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New York Times:
Fed's $85 Billion Loan Rescues Insurer — By EDMUND L. ANDREWS, MICHAEL J. de la MERCED and MARY WILLIAMS WALSH — WASHINGTON — Fearing a financial crisis worldwide, the Federal Reserve reversed course on Tuesday and agreed to an $85 billion bailout that would give the government control …
Discussion:
Reuters, TalkLeft, DealBook, Michelle Malkin, The Volokh Conspiracy, Megan McArdle, New York Magazine, QandO, About.com US Politics, Wall Street Journal, Empire Burlesque, Los Angeles Times, Democrats.com, Spin Cycle, Real Time Economics, Comments from Left Field, DownWithTyranny!, FP Passport, Balloon Juice, Taylor Marsh, TIME.com, Dealbreaker, The Huffington Post, pandagon.net, American Street, CNNMoney.com, Brave New Films blog, Matthew Yglesias, At-Largely and Centerfield
Glen Johnson / Associated Press:
McCain has 2 faces: Washington in- and outsider — VIENNA, Ohio (AP) — John McCain embraces and expels Washington like an accordion player belting out a song. — Squeeze in and he touts his vast knowledge of the capital city. Draw out and he casts himself a reformer bent on changing its ways.
Discussion:
The Raw Story
Wall Street Journal:
U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject …
U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject …
Discussion:
The Hill's Blog Briefing Room
Mark Preston / CNN:
Prominent Clinton backer and DNC member to endorse McCain — WASHINGTON (CNN) — Lynn Forester de Rothschild, a prominent Hillary Clinton supporter and member of the Democratic National Committee's Platform Committee, will endorse John McCain for president on Wednesday, her spokesman tells CNN.
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Myglesias / Matthew Yglesias:
Rothschilds Against Elitism — Irony truly is dead as Lynn Forester de Rothschild endorses John McCain on anti-elitism grounds: … On an unrelated note, the stakes have rarely been higher in an election for extremely rich people than they are in this one.
Discussion:
Ta-Nehisi Coates
Anne Sutton / Associated Press:
McCain campaign clamps down on questions in Alaska — JUNEAU, Alaska - GOP vice presidential candidate Sarah Palin is effectively turning over questions about her record as Alaska's governor to John McCain's political campaign, part of an ambitious Republican strategy to limit …
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Faiz / Think Progress:
McCain reportedly ‘furious’ with Fiorina, campaign adviser says she will ‘disappear’ from TV. — Today, McCain economic adviser Carly Fiorina bluntly stated that neither John McCain nor Sarah Palin were capable of running a major corporation (she said the same of Barack Obama and Joseph Biden).
CNN:
Fiorina's comment called ‘Biden-like’ — (CNN) — Top McCain-Palin official Carly Fiorina is facing criticism from some within the campaign for a day of what they call “very Biden-like” comments, after the former Hewlett-Packard CEO told two separate interviewers that neither member …
Discussion:
Think Progress, Washington Monthly, Christian Science Monitor, www.redstate.com, pandagon.net and Brian Beutler
Sam Youngman / The Hill:
McCain campaign stumbles through day — Top advisers to Republican presidential candidate John McCain spent much of Tuesday with their feet in their mouths. — Their comments to reporters left openings for Democratic rival Barack Obama's campaign to exploit throughout the day.
Discussion:
Firedoglake
Devlin Barrett / Associated Press:
Clinton blindsided by scheduled event with Palin — WASHINGTON (AP) — Sen. Hillary Rodham Clinton has canceled an appearance at a New York rally next week after organizers blindsided her by inviting Republican vice presidential candidate and Alaska Gov. Sarah Palin, aides to the senator said Tuesday.
Discussion:
Jonathan Martin's Blogs
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Colum Lynch / Washington Post:
As Palin Joins Planned Protest Against Iran, Clinton Cancels
As Palin Joins Planned Protest Against Iran, Clinton Cancels
Discussion:
Ben Smith's Blogs
Amir Taheri / New York Post:
OBAMA OBJECTS — BUT THE EVIDENCE SAYS I'M RIGHT — CONTINUED — Here is how NBC reported Obama's position on June 16, after his conversation in the US with Iraqi Foreign Minister Hoshyar Zebari: “Obama also told Zebari, he said, that Congress should be involved in any negotiations regarding …
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Jeff Zeleny / The Caucus:
Obama Raises $11 Million in Hollywood — BEVERLY HILLS, Calif. - Senator Barack Obama stood beneath the stars - surrounded by the ones from Hollywood - and tried to soothe the concerns of worrying Democrats here on Tuesday as he held the biggest fund-raising night of his campaign.
Discussion:
Weekly Standard
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Ruth Marcus / Washington Post:
True Whoppers — Economists are not generally known for their lyrical phrasing. But the other day, one told me something about the election that has stuck with me: He cautioned against succumbing to the “symmetry of sin.” — This unexpected snippet of political poetry …
Myglesias / Matthew Yglesias:
McCain Lies About Commerce Committee Jurisdiction — Matt Corley's got the video of John McCain telling tall tales about his committee's jurisdiction, arguing “I understand the economy. I was chairman of the Commerce Committee that oversights [sic] every part of our economy.”
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Roger Simon / The Politico:
Can Obama really pull it off? — Can Barack Obama actually blow this thing? Can he actually lose in November? — We have a deeply troubled economy, an unpopular war, a very unpopular president and a historic reluctance on the part of the American people to elect the same party to the White House three terms in a row.
Discussion:
Hugh Hewitt's TownHall Blog
Robert F. Worth / New York Times:
16 Die in Attack on U.S. Embassy in Yemen — BEIRUT, Lebanon — Heavily armed militants opened fire on the United States Embassy in Sana, Yemen, on Wednesday and detonated a car bomb at its gates, in an attack that left at least 16 people dead including six of the attackers, Yemeni officials said.
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Myglesias / Matthew Yglesias:
Strong Fundamentals — Eric Rauchway reflects on Herbert Hoover's October 25, 1929 proclamation that “The fundamental business of the country, that is the production and distribution of commodities, is on a sound and prosperous basis.” … Now of course to actually get down to the depths …
Discussion:
Eschaton
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Steve Benen / Washington Monthly:
OBAMA GAMBLES ON LENGTHY ECONOMIC AD.... Audiences have grown accustomed to certain kinds of political advertising. The new spot from the Obama campaign is a little something different. — The spot is two minutes long, making it four times as long as the typical campaign ad.