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8:50 PM ET, September 21, 2008

memeorandum

 Top Items: 
New York Times:
Bipartisan Support for Wall St. Rescue Plan Emerges  —  WASHINGTON — Bipartisan support appeared to be emerging Sunday among American lawmakers to give quick approval to a vast bailout of financial institutions.  —  But senior lawmakers put forward some of their own ideas for rescuing …
RELATED:
Yuval Levin / The Corner:
The Bailout  —  Everyone should read the actual text of the proposed bailout plan the administration is sending to Congress.  It's clearly not a final version (the part about only purchasing from financial institutions headquartered in the US has already been changed, as Kathryn notes below) …
Newt Gingrich / The Corner:
Before D.C. Gets Our Money, It Owes Us Some Answers  —  Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening.  —  We are being told Treasury Secretary Henry Paulson has a plan which will shift $700 billion in obligations from private companies to the taxpayer.
Avi Zenilman / The Politico:
Many economists skeptical of bailout  —  Many of the same economists and opinion-makers who'd provided a bipartisan sheen of consensus to Treasury Secretary Henry Paulson's previous moves have quickly begun casting doubts on the wisdom of a policy that would allow Treasury …
Meena Thiruvengadam / Wall Street Journal:
Paulson Presses Congress to Act On $700 Billion Bailout Plan
Discussion: MyDD
Matt Stoller / Open Left:
Yes, There Are Deeply Angry Democratic Members of Congress  —  This email is from a lawmaker and it should give you a flavor for what's going on right now in Congress.
RELATED:
Frank James / The Swamp:
Obama: No blank check for Wall St  —  CHARLOTTE, N.C. - In his first comments about a $700 billion government bailout package meant to help stabilize Wall Street, Sen. Barack Obama on Sunday stopped short of saying whether he supports the proposal, as he laid out some broad economic goals he believes such a plan should include.
Mark Halperin / TIME.com:
Pelosi Statement on Legislation to Address Crisis in Financial Markets
Discussion: Firedoglake and The Moderate Voice
NY Daily News:
Mac and I had tropical heat in Rio, says ex  —  BY HAROLD EMERT IN RIO DE JANEIRO AND PATRICK SULLIVAN IN NEW YORK  —  While John McCain attended his 50th Naval Academy reunion Saturday, a Brazilian beauty fondly recalled the affair she had with the young “good kissing” midshipman she met a half a century ago.
Discussion: TBogg
The Politico:
Franken helps craft McCain ‘SNL’ skit  —  Al Franken, the former “Saturday Night Live” star now running in a high-profile Senate race in Minnesota, helped craft the opening sketch mocking John McCain that kicked off the NBC comedy show Saturday, according to two well-placed sources inside the network.
RELATED:
The Big Trunk / Power Line:   COMEDIAN, SATIRIZE THYSELF
Ali / Think Progress:
Bush's Legacy Of Squandering Taxpayer Money  —  Yesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions.  Demanding enormous faith in his administration's stewardship, the plan “would place no restrictions on the administration …
Discussion: Open Left and Balkinization
RELATED:
Myglesias / Matthew Yglesias:
The Record  —  Ali Frick rounds up the record of Bush …
Discussion: Economists for Obama
CNN:
Interview With Obama, McCain Economic Advisers; Interview With Ron Paul  —  THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.  —  WOLF BLITZER, HOST: This is LATE EDITION, the last word in Sunday talk.  —  BLITZER: A roller coaster week on Wall Street.
Discussion: Top of the Ticket
Gateway Pundit:
FBI ACTS!!!... SERVES (suspected) PALIN HACKER DAVID KERNELL WITH SEARCH WARRANT!!  —  Bummer... Feds break up a party to serve University of Tennessee student David Kernell with a search warrant!  —  A court date was set for this week.  —  David is a self-described Obamacrat …
CNN:
Obama, McCain debate prep underway  —  (CNN) — The presidential candidates face their first debate Friday in Oxford, Mississippi and both are taking time off the campaign trail to prepare.  —  While the Obama campaign confirmed that Barack Obama will be prepping this week in Tampa, Florida …
Discussion: The Moderate Voice
Paul Krugman:
Thinking the bailout through  —  What is this bailout supposed to do?  Will it actually serve the purpose?  What should we be doing instead?  Let's talk.  —  First, a capsule analysis of the crisis.  —  1. It all starts with the bursting of the housing bubble.
Dexter Filkins / New York Times:
Back in Iraq, Jarred by the Calm  —  BAGHDAD — At first, I didn't recognize the place.  —  On Karada Mariam, a street that runs over the Tigris River toward the Green Zone, the Serwan and the Zamboor, two kebab places blown up by suicide bombers in 2006, were crammed with customers.
Washington Wire:
McCain Pledges a White House ‘Without Politics’  —  Elizabeth Holmes reports from Philadelphia on the presidential race.  —  Naming Andrew Cuomo as his choice to lead the Securities and Exchange Commission wasn't the only surprising tidbit to emerge from John McCain's interview with CBS News' 60 Minutes Sunday evening.
Discussion: Washington Post
 
 
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 More Items: 
Phyllis Schlafly / San Francisco Chronicle:
Feminists against Palin - shame on you
Myglesias / Matthew Yglesias:
Hurry!  Hurry!  —  Bush and Paulson say congress needs to rush …
Discussion: Associated Press
Cernig / Newshoggers.com:
A Letter To Congress  —  Sean Paul Kelly at the Agonist …
Discussion: The Agonist and The Impolitic
Stephen F. Hayes / Weekly Standard:
Democrats and Double Standards
CNN:
Will candidates' financial plans work?
Farhad Manjoo / Washington Post:
Gov.Palin@Hacked.Com  —  Sometime last Tuesday, an unknown …
Discussion: The Other McCain and The Corner
Daily Mail:
Sarah Palin is as popular as Diana in the hearts of the American public
Discussion: Wake up America and USS Neverdock
 Earlier Items: 
Mark Naymik / OPENERS:
Ohio Newspaper Poll shows John McCain with slight lead over Barack Obama
Discussion: FiveThirtyEight.com and TIME.com
Mike Allen / The Politico:
43 days - Stephanopoulos: “The era of big government is back”
Bonney Kapp / FOX Embeds:
Protesting Obama by Air
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours

 
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