Top Items:
FactCheck.org:
Scaring Seniors — An Obama-Biden ad says McCain supports “cutting benefits in half” for Social Security recipients. False! — A new Obama ad characterizes the “Bush-McCain privatization plan” as “cutting Social Security Benefits in half.” This is a falsehood sure to frighten seniors who rely on their Social Security checks.
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CNN:
Obama hammers McCain over Social Security — DAYTONA BEACH, Florida (CNN) - Barack Obama told voters here that if John McCain became president he would “privatize” their Social Security - a debate over the program that could resurface as a major issue in the closing weeks of the campaign given the wild swings in financial markets.
Discussion:
BrothersJudd Blog
Glen Johnson / Associated Press:
McCain, aides defend idea of private Social Security accounts …
McCain, aides defend idea of private Social Security accounts …
Discussion:
Washington Monthly
Associated Press:
Poll: Racial misgivings of whites an Obama issue — WASHINGTON (AP) — Deep-seated racial misgivings could cost Barack Obama the White House if the election is close, according to an AP-Yahoo News poll that found one-third of white Democrats harbor negative views toward blacks — many calling them …
Discussion:
The Field on the Narcosphere, Newshoggers.com, Riehl World View, Washington Wire, The Moderate Voice, The Plank, Jules Crittenden, www.redstate.com, Tom Watson, Oliver Willis, Outside The Beltway, Gateway Pundit, Wake up America, JammieWearingFool, NewsBusters.org, A Blog For All, Althouse, Donklephant, Q: Florida Politics and Macsmind
David M. Herszenhorn / New York Times:
Administration Is Seeking $700 Billion for Wall Street Bailout — WASHINGTON — The Bush administration on Saturday formally proposed to Congress what could become the largest financial bailout in United States history, requesting unfettered authority for the Treasury Department to buy up to $700 billion in mortgage-related assets.
Discussion:
CNNMoney.com, Matthew Yglesias, Portfolio, Once Upon a Time, Balkinization, Law Librarian Blog, Gateway Pundit, Prairie Weather and The Caucus
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New York Times:
Text of Draft Proposal for Bailout Plan — LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY TO PURCHASE MORTGAGE-RELATED ASSETS — Section 1. Short Title. — This Act may be cited as ____________________. — Sec. 2. Purchases of Mortgage-Related Assets.
Gallup:
Gallup Daily: Obama 50%, McCain 44% — PRINCETON, NJ — Gallup Poll Daily tracking from Wednesday through Friday finds Barack Obama maintaining his lead over John McCain among registered voters, by a 50% to 44% margin. — Obama has held at least a small margin over McCain in each …
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Jackie Calmes / New York Times:
Dazed Capital Feels Its Way, Eyes on Election — WASHINGTON — The huge bailout of the financial system that the Bush administration and Congress are rushing to draft will leave taxpayers with at least part of the bill at a time when high gasoline prices, job losses and stagnant incomes …
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Paul Krugman:
Uneasy feelings — Details are scarce on the big buyout; but as a few dribble out, I'm getting uneasy. — Here's the source of my uneasiness: the underlying premise behind the buyout seems, still, to be that this is mainly a liquidity problem. So if the government stands ready to buy securities at “fair value”, all will be well.
Discussion:
Kevin Drum, Eschaton, American Street, Balloon Juice, Once Upon a Time, Wall Street Journal and Calculated Risk
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Mark Thoma / Economist's View:
Recapitalization — Paul Krugman: … Dean Baker:
Recapitalization — Paul Krugman: … Dean Baker:
Discussion:
JustOneMinute
Jeffrey Diamond / ABCNEWS:
Transgendered Woman Wins Sex Discrimination Case — In Potentially Groundbreaking Case, Court Finds Sex Discrimination Law Applies to Transgendered Woman — A transgendered woman, who lost a job offer because of her sexual status, has won a potentially groundbreaking federal sex discrimination lawsuit.
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Ed Whelan / The Corner:
Brazen Bias — Byron York yesterday exposed the hilarious “Fact Checker” column by the Washington Post's Michael Dobbs, which accuses the McCain campaign of “clearly exaggerating wildly” in accurately stating in a video news release: — “Obama has no background in economics. Who advises him?
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Carlotta Gall / New York Times:
At Least 40 Are Killed in Blast at Pakistan Hotel — ISLAMABAD, Pakistan — A huge truck bomb exploded at the entrance to the Marriott Hotel in Islamabad on Saturday evening, just a few hundred yards from the prime minister's house, where all the leaders of government were dining after the president's address to Parliament.
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Alan Boraas / Anchorage Daily News:
Kopp hiring proved Palin's fundamentalist street cred — So far Gov. Palin's handling of Alaska's Troopergate has focused on why Commissioner of Public Safety Walt Monegan was fired. An equally important question is why Chuck Kopp was hired to replace him.
The Moderate Voice:
Oh Sarah! The Week That The Music Stopped — I'm not buying into rumors that Sarah Palin is on the way out. — If John McCain can't admit that he misheard an interviewer regarding Spain and its premier there is no way in Hell that he's going to acknowledge that picking …
Discussion:
Daimnation!
Democracy Now:
Charges Dropped Against DN! Journalists - Investigation Needed — The St. Paul City Attorney's office announced Friday it will not prosecute Democracy Now! journalists Amy Goodman, Sharif Abdel Kouddous and Nicole Salazar. St. Paul Mayor Chris Coleman also issued a statement Friday that …
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Mark Leibovich / New York Times:
Meanwhile, the Other No. 2 Keeps On Punching — FLAT ROCK, Mich. — As the economy reels, Senator Joseph R. Biden Jr. — the Other Running Mate — has been absolutely butchering Senator John McCain across the Rust Belt this week. It is not clear who has noticed.