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5:55 PM ET, September 22, 2008

memeorandum

 Top Items: 
Paul Krugman:
Dodd  —  Very preliminary, no details — but this sounds like a big step in the right direction.  —  One of the problems with this blog is that I ruffled a few feathers back when Bush had an 80 percent approval rating, and somehow I wasn't impressed.  People remember, and as a result …
Discussion: Think Progress
RELATED:
Martin Kady II / The Crypt's Blogs:
Dodd bill more aggressive than Treasury plan  —  Banking Committee Chairman Christopher Dodd is taking much more aggressive approach to the Treasury bailout plan, demanding foreclosure assistance, limits on executive compensation and profit sharing for taxpayers if the Treasury begins …
William Kristol / New York Times:
A Fine Mess  —  A friend serving in the Bush administration called Sunday to try to talk me out of my doubts about the $700 billion financial bailout the administration was asking Congress to approve.  I picked up the phone, and made the mistake of good-naturedly remarking …
Bloomberg:
Dodd Proposes Giving U.S. Equity Stake for Bad Debt  —  Sept. 22 (Bloomberg) — Senate Banking Committee Chairman Chris Dodd offered an alternative today to the Bush administration's financial rescue plan aimed at giving the U.S. Treasury an equity stake when it helps companies burdened by debt.
Damian Paletta / Wall Street Journal:
Dodd's Bailout Draft Could Give Companies' Shares to Government  —  WASHINGTON — Senate Democrats want to add tough new measures to the Treasury Department's proposal to bail out financial firms, including strict limits on executive compensation and a provision that would allow the government …
Jeanne Sahadi / CNNMoney.com:
Congress pushes back on bailout
Mark Silva / The Swamp:
White House: ‘Clean’ bailout wanted
Discussion: The Crypt's Blogs
Calculated Risk:
Report: Paulson Agrees on Equity Stake
Ben Smith / The Politico:
McCain camp criticism rife with errors  —  Sen. John McCain's top campaign aides convened a conference call today to complain of being called “liars.”  They pressed the media to scrutinize specific elements of Sen. Barack Obama's record.  —  But the call was so rife with simple …
RELATED:
Mike Allen / The Politico:
McCain aide: NYT not legit news source
Discussion: The Corner and Atlas Shrugs
Kevin Hassett / Bloomberg:
How the Democrats Created the Financial Crisis: Kevin Hassett  —  Sept. 22 (Bloomberg) — The financial crisis of the past year has provided a number of surprising twists and turns, and from Bear Stearns Cos. to American International Group Inc., ambiguity has been a big part of the story.
RELATED:
Eric Kleefeld / TPM Election Central:
McCain Campaign Slams New York Times: Not A Journalistic Organization “By Any Standard”  —  The McCain campaign is going on the attack against the New York Times for reporting that campaign manger Rick Davis was paid almost $2 million as head of a lobbying organization that represented Fannie Mae …
Byron York / The Corner:
The McCain Campaign and the Times
CNN:
CNN Poll: GOP takes brunt of blame for economy, Obama gains  —  WASHINGTON (CNN) - A new CNN/Opinion Research Corporation Poll suggests that by a 2-to-1 margin, Americans blame Republicans over Democrats for the financial crisis that has swept across the country the past few weeks …
Discussion: MyDD
RELATED:
The New Republic:
Polling question
Discussion: Open Left and MyDD
Stephen Spruiell / The Corner:
Energy Alert  —  While all eyes are diverted to the mess on Wall Street, Nancy Pelosi and the Democrats are attempting to extend the ban on offshore drilling, which is set to expire October 1.  This just in from Jeb Hensarling's office: … As recently as last week, leading Democrats …
Discussion: Gateway Pundit
RELATED:
New York Times:
Interview With McCain on the Financial Crisis
Discussion: Think Progress and The Caucus
Digby / Hullabaloo:
Opening For A Maverick  —  Ed Kilgore over at the Democratic Strategist …
Christopher Hitchens / Slate:
WHY IS OBAMA SO VAPID, HESITANT, AND GUTLESS?  —  Last week really ought to have been the end of the McCain campaign.  With the whole country feeling (and its financial class acting) as if we lived in a sweltering, bankrupt banana republic, and with this misery added to the generally Belarusian atmosphere …
Signorile / The Gist:
Hypocrisy Bombshell: Antigay John McCain has a Gay Chief of Staff  —  What does John McCain's loyal chief of staff - a man who apparently is in a long-term relationship with another man, and appears to be open about it to John McCain — think about the fact that Sarah Palin devoutly worships …
Washington Post:
‘First Dude’ Todd Palin Illustrates Alaska's Blend of Private and Public  —  ANCHORAGE — Todd Palin grew up as the archetypal Alaskan — salmon fisherman, champion snowmobiler, North Slope oil worker.  But since his wife became governor 20 months ago, his portfolio has broadened: househusband …
Discussion: Washington Monthly and Salon
RELATED:
Michelle Cottle / The New Republic:
Todd Palin Is Hillary Clinton
Discussion: NewsBusters.org
David Prosser / The Independent:
Fury at $2.5bn bonus for Lehman's New York staff  —  Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night.
Eli Lake / New York Sun:
Spies Warn That Al Qaeda Aims for October Surprise  —  Intercepted Messages Asking Local Cells To Be Prepared for Imminent Instructions  —  WASHINGTON — In the aftermath of two major terrorist attacks on Western targets, America's counterterrorism community is warning that Al Qaeda may launch …
Discussion: At-Largely and Wonk Room
Sarah Palin / New York Sun:
Palin on Ahmadinejad: ‘He Must Be Stopped’  —  Governor Palin, the Republican nominee for vice president, was scheduled to speak today at a rally in Dag Hammarskjold Plaza to protest the appearance here of President Ahmadinejad of Iran.  Her appearance was canceled by rally organizers who sought a nonpolitical event.
John McCormack / Weekly Standard:
Is the Obama Campaign Behind Anti-Palin Online Smears?  —  At The Jawa Report blog Rusty Shackleford reports that a professional PR firm appears to be spreading false attacks against Sarah Palin on the Internet.  —  A YouTube video that appears to have been produced by the PR firm Winner …
Ali / Think Progress:
New poll: Zero percent of Americans think national economy is improving.  —  A new American Research Group poll shows that “[n]o Americans say that the national economy is getting better,” while 82 percent say it is getting much worse.  Only 17 percent approve of President Bush's handling of the economy, with 78 percent disapproving.
Jessica Yellin / CNN:
Palin's town charged women for rape exams  —  ANCHORAGE, Alaska (CNN) — Alaska Gov. Sarah Palin's hometown required women to pay for their own rape examinations while she was mayor, a practice her police chief fought to keep as late as 2000.  —  Former state Rep. Eric Croft, a Democrat …
James Pethokoukis / US News:
Bailout Prevents Great Depression 2.0  —  What would be the dollar cost of not bailing out Wall Street?  Try a number north of $30 trillion.  (The awful math is detailed below.)  That's why Hank Paulson and Ben Bernanke were so scared last week.  And, yes, I think “scared” isn't too strong a word.
Wall Street Journal:
God, Patriotism and Taxes  —  Joe Biden isn't backing down from his startling claim last week that raising taxes on the rich is the “patriotic” thing to do.  On Thursday he upped the ante, thundering that he also has Jesus in his corner.  “Catholic social doctrine as I was taught it is …
 
 
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 More Items: 
Myra P. Saefong / MarketWatch:
Crude futures close more than $16 higher
Stephanie Condon / CNET News:
FBI searches apartment of alleged Palin hacker
Discussion: Weekly Standard and Gawker
Ben Smith / Ben Smith's Blogs:
Crutchley contribution not returned
Rasmussen Reports:
Election 2008: South Carolina Senate
Discussion: Daily Kos and Swing State Project
Ben Smith / Ben Smith's Blogs:
Playing the Keating card
Myglesias / Matthew Yglesias:
Russia Blundering in Latin America
Discussion: American Prospect and Eunomia
 Earlier Items: 
Press Association:
HAPPENING NOW: McCain in Scranton
Discussion: democracyarsenal.org
Marc Ambinder:
NRA Begins Multi-Million-Dollar Television Ad Campaign
Anne / Nielsen Wire:
Uncommitted Voters More Engaged By RNC Telecasts
The Big Trunk / Power Line:
DEEP SECRETS OF CAMPAIGN 2008
Andrew Sullivan / The Daily Dish:
The End-Times And Sarah Palin
Patricia Cohen / New York Times:
Conservatives Try New Tack on Campuses
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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