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10:40 PM ET, September 21, 2008

memeorandum

 Top Items: 
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.
Bill Cotterell / News Press:
Palin draws crowd of 60,000 in The Villages  —  THE VILLAGES — Republican vice presidential nominee Sarah Palin told wildly cheering, flag-waving, chanting supporters that John McCain is “the only great man in this race” and promised Sunday he will fix the nation's economy if voters give the GOP four more years in the White House.
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 …
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.
Mike Allen / The Politico:
Obama calls bailout a ‘blank check’
Discussion: Washington Monthly
Mark Halperin / TIME.com:
Pelosi Statement on Legislation to Address Crisis in Financial Markets
Discussion: Firedoglake and The Moderate Voice
Mark Silva / The Swamp:
Obama, McCain: Cautious in econ-crisis  —  Count both Barack Obama and John McCain, the candidates for president, as avowedly cautious in the face of the $700 billion bailout that the Bush administration proposes for banks and other financial institutions holding bad mortgage debts that are …
Discussion: Ben Smith's Blogs
RELATED:
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 …
New York Times:
Foreign Banks Hope Bailout Will Be Global
Discussion: Talking Points Memo
Myglesias / Matthew Yglesias:   Hurry!  Hurry!  —  Bush and Paulson say congress needs to rush …
Cernig / Newshoggers.com:
A Letter To Congress  —  Sean Paul Kelly at the Agonist …
Discussion: The Agonist and The Impolitic
Associated Press:
Paulson urges quick action on $700 billion bailout
Discussion: AMERICAblog News
Jonathan Martin / Jonathan Martin's Blogs:
Palin draws largest crowd yet for GOP  —  Sarah Palin tonight attracted the largest crowd yet to any Republican campaign event this cycle, drawing tens of thousands of Floridians out in a conservative-leaning retirement community north of Orlando for a solo rally.
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
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) …
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
Jonathan Martin / Jonathan Martin's Blogs:
McCain strikes bipartisan notes in 60 Minutes interview  —  Trying to burnish his bipartisan credentials at a time when his party and its president are held in low favor, John McCain used a high-profile interview Sunday night to float a well-known Democratic name to take over the Securities …
Discussion: Donklephant
Gallup:
Gallup Daily: Obama Leading McCain by 4 Points  —  Voter preferences similar to Saturday, when Obama led by 6 points  —  PRINCETON, NJ — Barack Obama continues to lead John McCain in national voter preferences for the presidential election, now by a four percentage point margin, 49% to 45%
Discussion: MyDD
 
 
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 More Items: 
Dotcomabc / Political Radar:
Palin Says Obama Voting ‘Present’ on the Economy
Discussion: TIME.com
Phyllis Schlafly / San Francisco Chronicle:
Feminists against Palin - shame on you
CNN:
Obama, McCain debate prep underway
Discussion: The Moderate Voice
Stephen F. Hayes / Weekly Standard:
Democrats and Double Standards
CNN:
Interview With Obama, McCain Economic Advisers; Interview With Ron Paul
Discussion: Top of the Ticket
 Earlier Items: 
CNN:
Will candidates' financial plans work?
Mark Naymik / OPENERS:
Ohio Newspaper Poll shows John McCain with slight lead over Barack Obama
Discussion: The New Republic and TIME.com
 

 
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