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11:30 AM ET, September 17, 2008

memeorandum

 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 …
RELATED:
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 …
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
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.
RELATED:
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 …
RELATED:
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 …
Sam Youngman / The Hill:   McCain campaign stumbles through day
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.
RELATED:
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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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.
Discussion: Matthew Yglesias and Hullabaloo
RELATED:
Ahmed Al-Haj / Associated Press:
16 dead in car bomb, ambush at US Embassy in Yemen
Discussion: Townhall.com
Ahmed Al-Haj / Associated Press:
Official: US Embassy in Yemen hit by car bomb
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.”
RELATED:
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 …
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.
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.
CNN:
Cafferty: Obama: Race a factor?  —  Race is arguably the biggest issue in this election, and it's one that nobody's talking about.  —  The differences between Barack Obama and John McCain couldn't be more well-defined.  Obama wants to change Washington.  McCain is a part of Washington and a part of the Bush legacy.
RELATED:
Ed Morrissey / Hot Air:
Sebelius: Say, did you know Republicans are racists? …
David D. Kirkpatrick / New York Times:
Abortion Issue Again Dividing Catholic Votes  —  SCRANTON, Pa. — Until recently, Matthew Figured, a Sunday school teacher at the Holy Rosary Roman Catholic Church here, could not decide which candidate to vote for in the presidential election.  —  He had watched progressive Catholics work …
Discussion: The Corner and Real Clear Politics
 
 
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 More Items: 
Blaine Harden / Washington Post:
North Korea Tests Engine of Long-Range Missile, Report Says
Discussion: USS Neverdock
Marcy Gordon / Associated Press:
Federal bank insurance fund dwindling
Maureen Dowd / New York Times:
‘Barbies for War!’  —  Carly Fiorina, the woman John McCain sent …
Russell Berman / Latest Politics:
McCain Slips in Citing Investor Protection Agency
Discussion: Think Progress and Wonk Room
Myglesias / Matthew Yglesias:
Strong Fundamentals  —  Eric Rauchway reflects on Herbert …
Discussion: Eschaton
 Earlier Items: 
Ed Morrissey / Hot Air:
The Silence of the Lemmings  —  Barack Obama's campaign seems …
Board of Governors of the Federal Reserve System:
For immediate release  —  The Federal Open Market Committee …
Discussion: Portfolio
 

 
From Mediagazer:

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

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

 
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