Top Items:
New York Times:
Democrats Set Bailout Conditions as Treasury Chief Rallies Support — 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 …
Discussion:
The Next Right, The RBC, Washington Wire, TIME.com, The American Mind, The Agonist, The Moderate Voice, Truthdig, MyDD and Needlenose
RELATED:
Paul Krugman / New York Times:
Cash for Trash — Some skeptics are calling Henry Paulson's $700 billion rescue plan for the U.S. financial system “cash for trash.” Others are calling the proposed legislation the Authorization for Use of Financial Force, after the Authorization for Use of Military Force …
New York Times:
Big Financiers Start Lobbying for Wider Aid — Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it. — Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
Mike Allen / The Politico:
Obama might keep Paulson — Sen. Barack Obama (D-Ill.) said Sunday that if he's elected, Treasury Secretary Henry Paulson would be “involved” in the new administration's transition - a very unusual move when the White House changes parties. — Paulson, 62, is the wealthy former chairman …
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.
Discussion:
JustOneMinute, Dean's World, Buck Naked Politics, At-Largely, The Hill's Blog Briefing Room, Hot Air, MyDD and CNNMoney.com
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.
Discussion:
NewsBusters.org, TBogg, Hot Air, GINA COBB, Patterico's Pontifications, Macsmind, Riehl World View, The Strata-Sphere and The Other McCain
RELATED:
Orlando Sentinel:
Palin wows 'em in The Villages — THE VILLAGES - With thousands of supporters packing the streets and sidewalks of this massive retirement community, Alaska Gov. Sarah Palin took the safe route Sunday and said she and John McCain would reform Washington, put America on the path to energy independence …
Jonathan Martin / Jonathan Martin's Blogs:
Palin draws largest crowd yet for GOP
Palin draws largest crowd yet for GOP
Discussion:
Gateway Pundit
Frank James / The Swamp:
Obama: No blank check for Wall St
Obama: No blank check for Wall St
Discussion:
New York Times, JustOneMinute, Right Wing News, TIME.com, Barack Obama and Joe Biden and The Moderate Voice
Ian Welsh / Firedoglake:
The Government and the People Need to Be The Insurer of Last Resort …
The Government and the People Need to Be The Insurer of Last Resort …
Discussion:
Newshoggers.com, Hullabaloo, The Moderate Voice, American Power, TIME.com, Daily Kos and Democrats.com
Amanda Scott / Barack Obama and Joe Biden:
Senator Obama's Statement of Principles for the Treasury Proposal
Senator Obama's Statement of Principles for the Treasury Proposal
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 …
New York Times:
Loan Titans Paid McCain Adviser Nearly $2 Million — Senator John McCain's campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say.
DealBook:
Goldman, Morgan to Become Bank Holding Companies — Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.
RELATED:
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.
The Huffington Post:
ABC Panel Tears Into McCain: Not Presidential, Age Should Be An Issue — For John McCain, the panel discussion on This Week with George Stephanopoulos could not have been more brutal. — Minutes after conservative columnist George Will declared that the Senator was decidedly un-presidential …
Discussion:
AlterNet.org
Associated Press:
Obama staff leaves North Dakota — BISMARCK, N.D. (AP) — Barack Obama, who has deployed more than 50 staffers in North Dakota in an attempt to become the first Democratic presidential candidate to carry the state since 1964, is pulling out. — An Obama spokeswoman, Amy Brundage …
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