Top Items:
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 …
Discussion:
The Daily Dish, Gawker, Washington Independent, Balloon Juice, Ben Smith's Blogs, Eschaton, Grasping Reality …, The RBC and Oliver Willis
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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 …
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 …
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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 …
Discussion:
Firedoglake, The Swamp, MoJoBlog, Marc Ambinder, Newshoggers.com, Crooks and Liars, Washington Monthly, Calculated Risk, American Power, Top of the Ticket, The Impolitic, Paul Krugman, The Politico, Open Left, Balloon Juice, Associated Press, TPMMuckraker, Loan Modification …, The Hill, Prometheus 6 and The RBC
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.
Discussion:
JustOneMinute, Comments from Left Field, Buck Naked Politics, FP Passport and Outside The Beltway
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.
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 …
William Kristol / New York Times:
A Fine Mess — A friend serving in the Bush administration …
A Fine Mess — A friend serving in the Bush administration …
Discussion:
The Huffington Post, Michelle Malkin, The Mahablog, The Swamp, Weekly Standard, Comments from Left Field and Hot Air
The Politico:
CEO pay emerges as bailout barrier
CEO pay emerges as bailout barrier
Discussion:
The Swamp, Salon, The Crypt's Blogs, Wall Street Journal, Political Punch, Michelle Malkin, About.com US Politics and Corrente
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 …
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 …
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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.
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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 …
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Lindsey Ellerson / Political Radar:
Bill Clinton: Hillary Never Wanted to be Obama's VP
Bill Clinton: Hillary Never Wanted to be Obama's VP
Discussion:
NY Daily News Blogs
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 …
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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Rasmussen Reports:
Election 2008: South Carolina Senate — South Carolina Senate: Graham 50% Conley 41% — The first Rasmussen Reports poll of South Carolina's United State Senate race shows Republican Senator Lindsey Graham attracting 50% of the vote while Democratic challenger Bob Conley earns 41%.
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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 …
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.
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.
Discussion:
Comments from Left Field
Serious Eats:
‘Palin Syrah’ Wine Drops in Sales After Sarah Palin Veep Pick — Editor's note: This dispatch comes to us from wine guru Amy Monroe. She works in the grape business in the Bay Area, and literally stumbled across the “Palin Syrah” this month at a San Francisco wine bar.
Tim Krohn / The Free Press, Mankato, MN:
Coleman: Government bailout could earn money — Senator makes campaign stop at Christy's Cafe in N. Mankato — U.S. Sen. Norm Coleman said the massive government bailout of failing financial institutions is not only necessary but could make money for the federal government.