Top Items:
Wall Street Journal:
U.S. Drafts Sweeping Plan to Fight Crisis As Turmoil Worsens in Credit Markets — Paulson Briefs Congress on Idea to Buy Bad Assets From Banks, Insure Money-Market Funds; Stocks Rebound Sharply — WASHINGTON — The federal government is working on a sweeping series of programs …
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Mike Allen / The Politico:
Breaking: Paulson plan could cost $1 trillion — Congressional leaders said after meeting Thursday evening with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke that as much as $1 trillion could be needed to avoid an imminent meltdown of the U.S. financial system.
Discussion:
Michelle Malkin
David Brooks / New York Times: The Post-Lehman World — A few years ago, real estate was all the rage.
U.S. Securities and Exchange Commission:SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets
Discussion:
Washington Post, Buck Naked Politics, Paul Kedrosky's …, The Big Picture, Firedoglake, Portfolio and Law Librarian Blog
Washington Post:
‘Always for Less Regulation’? — TO LISTEN to Sen. Barack Obama, Sen. John McCain is a Johnny-come-lately to the cause of regulating financial markets. “He has consistently opposed the sorts of common-sense regulations that might have lessened the current crisis,” Mr. Obama said in New Mexico yesterday.
Discussion:
Wizbang, The Strata-Sphere, Don Surber, The Campaign Spot, Sister Toldjah, Political Punch and Viking Pundit
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Wall Street Journal:
McCain's Scapegoat — John McCain has made it clear this week he doesn't understand what's happening on Wall Street any better than Barack Obama does. But on Thursday, he took his populist riffing up a notch and found his scapegoat for financial panic — Christopher Cox, the chairman of the Securities and Exchange Commission.
New York Times:
For Rivals, Finance Crisis Is Posing on-the-Fly Tests — WASHINGTON — The financial crisis has turned the race between Senators John McCain and Barack Obama into an audition for who could best handle a national economic emergency. — Mr. McCain, the Republican nominee for president …
Robert Reich / Robert Reich's Blog:The Bailout of All Bailouts is a Bad Idea
Discussion:
The Washington Independent
Karen Tumulty / Swampland:
McCain Plays the Race Card — When politicians interject race into a campaign, they seldom do it directly. Consider McCain's new ad, which the campaign says it will be airing nationally: — This is hardly subtle: Sinister images of two black men, followed by one of a vulnerable-looking elderly white woman.
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Nedra Pickler / Associated Press:
Campaigns target each other's advisers — WASHINGTON (AP) - John McCain and Barack Obama are targeting each other's economic advisers in a new pair of dueling campaign ads. — Republican McCain released a new spot Thursday that quotes The Washington Post as saying Democrat Obama gets advice …
Discussion:
TPM Election Central
Byron York / The Corner:
Is He or Isn't He? — The McCain has released a new ad entitled “Advice.” It says: … Just a few moments ago, the Obama campaign released a statement from Raines: … Added Obama spokesman Bill Burton: … Now, when the ad was released, the McCain campaign also released this supporting information:
CNBC.com:
Where Next for the Dollar? 18 Sep 2008 — Is the U.S. government's proposal to take on bad bank assets a good move? Sharada Selvanathan, currency strategist at BNP Paribas gives her take on how this will affect the dollar, with CNBC's Maura Fogarty & Stephen Sedgwick.
Rush Limbaugh / Wall Street Journal:
Obama Is Stoking Racial Antagonism — I understand the rough and tumble of politics. But Barack Obama — the supposedly postpartisan, postracial candidate of hope and change — has gone where few modern candidates have gone before. — Mr. Obama's campaign is now trafficking in prejudice of its own making.
Discussion:
The Corner, Hot Air, The Strata-Sphere, NewsBusters.org, Confederate Yankee, www.redstate.com and JammieWearingFool
Ben Smith / Ben Smith's Blogs:
What's on the desk — In a picture supplied by Sarah Palin's family to the Associated Press, Palin appears with some rather odd reading matter: The magazine of the ultraconservative John Birch Society. — The picture, dating to 1995, when Palin was a member of the Wasilla City Council …
Discussion:
Liberal Values, BAGnewsNotes, Spin Cycle, American Power, Firedoglake, Progressive Alaska, Alas, a blog, The Jed Report, Daily Kos and The Jawa Report
David Paul Kuhn / The Politico:
Poll: GOP brand making comeback — New polling suggests that the Republican Party is beginning to regain some of its luster and, perhaps as important, is experiencing a surge in excitement among its political base. — A new poll by the Pew Research Center for the People & the Press reports …
Discussion:
Don Surber
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Kevin Bogardus / The Hill:
Palin won't say whether veep is an executive post — Vice President Dick Cheney has said his office only partially belongs to the executive branch. Democratic vice presidential nominee Joe Biden disagrees and Republican rival Sarah Palin isn't saying. — Sen. Biden (Del.) …
Yereth Rosen / Reuters:
Palin's husband refuses to testify in Alaska probe — ANCHORAGE, Alaska (Reuters) - The husband of Gov. Sarah Palin will ignore a subpoena from Alaska lawmakers investigating whether the Republican vice presidential nominee's firing of a state commissioner constituted an abuse of power, officials from her campaign said on Thursday.
RELATED:
Matt Volz / Associated Press:Todd Palin refuses to testify in probe
Discussion:
Washington Monthly, Emptywheel, Mudflats, On Deadline, Think Progress and AMERICAblog News
CBN.com:
Exclusive: Obama Campaign Faith Tour Starts Next Week — An official with Barack Obama's campaign tells The Brody File that beginning next week the campaign will start an official faith tour in key battleground states called “Barack Obama: Faith, Family and Values Tour”.
Josh Gerstein / New York Sun:
Palin Pick Puts Many Women on the Verge — Senator McCain's selection of Governor Palin of Alaska as his running mate, which was hailed in some quarters and met with skepticism in others, is sparking intense reactions from some New Yorkers, who report being driven to fits of rage and even all-consuming panic.
Roger Simon / The Politico:
President Bush goes AWOL — Where's George? The president, I mean. — You remember him. Dubya. No. 43. Won a second term a few years ago. It was in all the papers. — But where has he been lately? Where has he been during America's worst financial crisis since the Great Depression?
Telegraph:
Baroness Warnock: Dementia sufferers may have a ‘duty to die’ — Elderly people suffering from dementia should consider ending their lives because they are a burden on the NHS and their families, according to the influential medical ethics expert Baroness Warnock.
Wall Street Journal:
Why It's Getting Mean — The financial crisis changes the entire shape and feel of the presidential election. It isn't just bad news, it's bad news that reveals what many people deep down feared, and hoped not to see revealed: that the huge and sprawling financial system of Wall Street …
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