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12:35 AM ET, September 22, 2008

memeorandum

 Top Items: 
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.
RELATED:
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.
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.
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 …
New York Times:
Democrats Begin to Set Own Bailout Terms  —  WASHINGTON — Congressional Democrats began to set their own terms on Sunday for a plan to rescue the nation's financial institutions, including greater legislative oversight of the Treasury Department, more direct assistance for homeowners and limits …
Discussion: TIME.com, MyDD, Truthdig and Needlenose
Mark Halperin / TIME.com:
Pelosi Statement on Legislation to Address Crisis in Financial Markets
Discussion: The Moderate Voice and Firedoglake
Mike Allen / The Politico:   Obama calls bailout a ‘blank check’
Mark Silva / The Swamp:
Obama, McCain: Cautious in econ-crisis
Discussion: Ben Smith's Blogs
Cernig / Newshoggers.com:
A Letter To Congress  —  Sean Paul Kelly at the Agonist …
Discussion: The Agonist and The Impolitic
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.
RELATED:
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.
Discussion: Gateway Pundit
Dotcomabc / Political Radar:
Palin Says Obama Voting ‘Present’ on the Economy
Discussion: TIME.com
Clif / Sadly, No!:
Shorter Entire Right-Wing Blogosphere … - We agree with Investors' Business Daily, which says that the reason for the current financial crisis is that the Community Reinvestment Act passed by the Democrats forced banks to lend money to a bunch of shiftless darkies who couldn't repay their loans.
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
New York Times:
Foreign Banks Hope Bailout Will Be Global  —  PARIS — The financial crisis that began in the United States spread to many corners of the globe.  Now, the American bailout looks as if it is going global, too, a move that could raise its cost and intensify scrutiny by Congress and critics.
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) …
The Politico:
The race discussion Obama didn't want  —  When the Democratic primary descended into a charged debate about black and white and Sen. Barack Obama's racially polarizing pastor last spring, Obama took the stage to address the question of race head-on.  —  “Race is an issue that I believe …
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: Don Surber and MyDD
Dr. Rusty Shackleford / The Jawa Report:
Hope, Change, & Lies: Orchestrated “Grassroots” Smear Campaigns & the People that Run Them  —  Extensive research was conducted by the Jawa Report to determine the source of smears directed toward Republican Vice Presidential candidate Sarah Palin.  Those smears included false allegations …
Discussion: Riehl World View
 
 
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 More Items: 
DealBook:
Goldman, Morgan to Become Full-Fledged Banks
Jonathan Martin / Jonathan Martin's Blogs:
McCain strikes bipartisan notes in 60 Minutes interview
Discussion: Donklephant
Phyllis Schlafly / San Francisco Chronicle:
Feminists against Palin - shame on you
CNN:
Obama, McCain debate prep underway
Discussion: The Moderate Voice
Ali / Think Progress:
Bush's Legacy Of Squandering Taxpayer Money
Discussion: Matthew Yglesias and Open Left
Myglesias / Matthew Yglesias:
Hurry!  Hurry!  —  Bush and Paulson say congress needs to rush …
Discussion: Associated Press
 Earlier Items: 
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
Mark Naymik / OPENERS:
Ohio Newspaper Poll shows John McCain with slight lead over Barack Obama
Discussion: The New Republic and TIME.com