Top Items:
David M. Herszenhorn / New York Times:
Congressional Leaders Stunned by Warnings — WASHINGTON — It was a room full of people who rarely hold their tongues. But as the Fed chairman, Ben S. Bernanke, laid out the potentially devastating ramifications of the financial crisis before congressional leaders on Thursday night, there was a stunned silence at first.
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Frank James / The Swamp:
Economy could die, lawmakers told — Sen. Charles Schumer of New York appeared on the CNBC's “Power Lunch” today and described for the audience the doomsday scenario delivered by Treasury Secretary Henry Paulson and Federal Reserve Chair Ben Bernanke during their meeting last night with members of Congress.
Edmund L. Andrews / New York Times:
Bush Officials Urge Swift Action on Rescue Powers — WASHINGTON — The Bush administration, moving to prevent an economic cataclysm, urged Congress on Friday to grant it far-reaching emergency powers to buy hundreds of billions of dollars in distressed mortgages despite many unknowns about how the plan would work.
Paul Krugman:
McCain on banking and health — OK, a correspondent directs me to John McCain's article, Better Health Care at Lower Cost for Every American, in the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries. You might want to be seated before reading this.
Marcia Kramer / WCBS-TV:
ASTONISHING: Rep. Rangel Calls Palin ‘Disabled’ — Embattled Politician: It's Laughable That GOP VP Nominee Bases Foreign Policy On Being Able To See Russia — Republicans Infuriated; Rep. King Blasts Rangel — NEW YORK (CBS) ― Already under fire for his tax troubles …
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Michael Dobbs / Washington Post:
OBAMA'S FANNIE MAE ‘CONNECTION’ … AN ALREADY NASTY PRESIDENTIAL ELECTION CAMPAIGN IS GETTING NASTIER. THE MELTDOWN ON WALL STREET HAS TOUCHED OFF FRANTIC ATTEMPTS BY BOTH THE MCCAIN AND OBAMA CAMPS TO SECURE POLITICAL ADVANTAGE AND INDULGE IN GUILT BY ASSOCIATION.
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Steve Benen / Washington Monthly:
THE RAINES/JOHNSON SILVER BULLET?.... John McCain and his campaign seem to think they have a new trump card to play against Obama — he's been associated with Franklin Raines and Jim Johnson, both of whom are former Fannie Mae executives. The connections are the subject of two new McCain campaign TV ads …
Adam C. Smith / St. Petersburg Times:
One thought pushes fence-sitters to the left: Palin — ST. PETERSBURG — Five weeks ago, the St. Petersburg Times convened a group of Tampa Bay voters who were undecided about the presidential election. Their strong distrust of Barack Obama suggested it was a group ripe for John McCain to win over.
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Megan McGinley / CJR:
Army Alters Photographs, Issues Them To AP — The Associated Press retracted two government-issued photographs last night after a photographer in Texas alerted the agency that the photos in question appeared to be doctored. — Bob Owen, chief photographer of the San Antonio Express-News …
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Gallup:
Gallup Daily: Obama Now Leads McCain by 5 Points — At 49%, support for Obama is near his record high for the year — PRINCETON, NJ — Gallup Poll Daily tracking from Tuesday through Thursday finds Barack Obama with a five percentage point lead over John McCain in the presidential preferences of registered voters, 49% to 44%.
Discussion:
Taylor Marsh, Pew Research Center, Hot Air, American Power, Liberal Values, The Other McCain, The Swamp, Don Surber, MyDD and Donklephant
Julia Hoppock / Political Punch:
Undermining McCain Campaign Attack, Republicans Back Obama's Version of Meeting With Iraqi Leaders — Earlier this week, the campaign of Sen. John McCain, R-Ariz., seized upon a column in the New York Post that described Sen. Barack Obama, D-Ill., as having urged Iraqi leaders in a private meeting …
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Kos / Daily Kos:
Palin's favorability trajectory — Al Rodgers whipped this up: — Worth more than 1,000 words, huh?
Justin Rood / ABCNEWS:
Exclusive: New Doubts Over Palin's Troopergate Claims — Internal Government Document Contradicts Sarah Palin, Campaign — An internal government document obtained by ABC News appears to contradict Sarah Palin's most recent explanation for why she fired her public safety chief …
Nitya / Political Radar:
Palin Warns Against ‘Second Holocaust’ by Ahmadinejad — ABC News' Imtiyaz Delawala Reports: Republican vice presidential nominee Sarah Palin warned against Mahmoud Ahmadinejad's pursuit of nuclear weapons for a “second holocaust,” while blaming “Democrat partisans” for forcing rally organizers …
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Glenn Reynolds / Pajamas Media:
PRAYING FOR THE TROOPS, AND THE WORLD. Are we fighting a Holy War? — Devastating.
Tim Graham / media.newsbusters.org:
Sandra Bernhard: Palin Would Be Gang-Raped By Blacks in Manhattan — The Washington Post isn't the only daily D.C. newspaper to rave about Sandra Bernhard's anti-Palin ranting. Wednesday's Washington Examiner joined in, with the headline “Comedienne delivers enraged optimism.”
Discussion:
Michelle Malkin, American Power, AMERICAN DIGEST, Moonbattery, The Other McCain, Skirts, Not Pantsuits and Don Surber
Frank Schaeffer / The Huffington Post:
An Open Letter to All Republicans From a Former Religious Right Activist — Dear Republicans: This election all Republicans who love America must vote for Obama. A vote for business-as-usual and a continuation of the Neoconservative/Religious Right/ party of corporate American alienation is a vote against America.
Discussion:
The Other McCain
Jim Manzi / The Corner:
Welcome to History — It's helpful to think of how to address the current financial crisis (and I don't use that word casually) in terms of the end-state we want to achieve, and the transition plan to get there. — The problem we face is often described as mind-bendingly complex, but in its essentials, it is simple.
Discussion:
Pajamas Media
Andrew Malcolm / Top of the Ticket:
Obama votes ‘Present’ on new economic rescue plan for now — CORAL GABLES, Fla. — Sen. Barack Obama today met with some of his many economic advisors and made an announcement that he was not going to make an announcement about any new plan to plan plans. — Obama did suggest a bipartisan effort …
Michael Calderone / The Politico:
Fox demands McCain camp remove Garrett from ad — Fox News sent a cease and desist letter to the McCain campaign today over a new ad that includes the voice of correspondent Major Garrett, according to a letter obtained by Politico. — From the letter sent to Trevor Potter, general counsel for the McCain campaign.
Maggie Fox / Reuters:
Satellite images show ethnic cleanout in Iraq — WASHINGTON (Reuters) - Satellite images taken at night show heavily Sunni Arab neighborhoods of Baghdad began emptying before a U.S. troop surge in 2007, graphic evidence of ethnic cleansing that preceded a drop in violence, according to a report published on Friday.
Jonathan Rauch / National Journal Online:
Bush's Legacy: Small Ball After All? — BOTH SUPPORTERS AND CRITICS TEND TO VIEW BUSH AS A GAME-CHANGING PRESIDENT. BUT HE MAY BE REMEMBERED AS A COMPARATIVELY MINOR FIGURE. … That succinct judgment, received not long ago via e-mail from a political scientist, sums up a good deal …
Discussion:
The New Republic
Akmuckraker / Mudflats:
Witch Hunter that Prayed Palin into Office is Coming Back to Wasilla! — Yes, you read that right. It really has gotten that absurd. I just had coffee with fellow blogger and Anchorage talk radio phenom Shannyn Moore. While we were fuming over the McCain hijacking of the Troopergate investigation, she got a call from MSNBC.