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12:10 AM ET, September 24, 2008

memeorandum

 Top Items: 
Emptywheel:
Bush Mouthpiece Admits: They've Been Sitting on this Plan  —  Hidden in an article reporting that Cheney's going to go hunt up some support for the $700,000,000,000 bailout is this admission that the Bush Administration has been sitting on it for some time: … Which raises three questions for me:
RELATED:
Sam Youngman / The Hill:
Gingrich urges vote against ‘stupid’ Paulson plan
Discussion: Buck Naked Politics and Daily Kos
Chris Bowers / Open Left:   There Is No Crisis—Summary  —  Things are getting a little suspicious …
SilentPatriot / Crooks and Liars:
Chuck Schumer to Sec. Paulson: Why $700 billion?  Why not $150 billion?
Discussion: The RBC
New York Times:
McCain Aide's Firm Was Paid by Freddie Mac  —  WASHINGTON— One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month to a firm owned by Senator John McCain's campaign manager from the end of 2005 through last month, according to two people with direct knowledge of the arrangement.
RELATED:
Michael Isikoff / Newsweek:   Freddie's Friend  —  Freddie Mac continued checks to McCain campaign chief's firm.
Scott Conroy / CBS News:
Palin Camp Goes To New Lengths To Shut Out Media  —  From CBS News' Scott Conroy:  —  (NEW YORK) Update: After media outlets complained to the McCain/Palin campaign about its attempt to prevent an editorial presence at Gov. Palin's first meeting of the day, a pool producer was allowed …
RELATED:
Peter Hamby / CNN:
McCain camp tries to keep reporters out of Palin meetings  —  (CNN) — McCain-Palin campaign officials shifted course Tuesday after being informed by television news organizations that they would not broadcast footage of Sarah Palin's meeting with Afghan leader Hamid Karzai Tuesday in New York …
Discussion: Gawker, The Swamp and AMERICAblog News
Henry Blodget / The Huffington Post:
Bernanke and Paulson: Here's Why We're Screwing You  —  At today's Wall Street Bailout Hearings, we finally learned what Hank Paulson and Ben Bernanke are thinking.  Specifically, we learned what prices they plan to pay for the crap assets they're buying (more than they're worth).
RELATED:
Felix Salmon / Portfolio:
Answers for David Cay Johnston
Bsetser / Brad Setser:
Some ballpark math on the US financial sector (i.e. just how big is $700b?)
Discussion: Paul Krugman
Jennifer Parker / Political Radar:
Stephanopoulos: McCain Holds Key to Administration's Bailout Passage on Capitol Hill  —  ABC News' George Stephanopoulos reports: If Republican presidential candidate Sen. John McCain doesn't vote for the Bush administration's $700 billion economic bailout plan, some Republican …
Discussion: Alas, a blog, Hullabaloo and Hot Air
RELATED:
Patrick Healy / The Caucus:
Obama Says Bailout Should Include 4 Conditions
Discussion: Weekly Standard
Carrie Dann / MSNBC:
ON BAILOUT, OBAMA WARNS OF ‘STUBBORN’ BUSH
Andy Glass / The Crypt's Blogs:
Gingrich: McCain should make bailout ‘Obama-Bush’ plan
Discussion: The Swamp
CNN:   Conservatives: ‘Take a breath’ before bailout
Pew Research Center:
57% of Public Favors Wall Street Bailout  —  Obama Seen As Better Able to Address Crisis  —  By a margin of almost two-to-one the American public thinks the government is doing the right thing in investing billions of dollars to try to keep financial institutions and markets secure.
RELATED:
Matthew Benjamin / Bloomberg:   Americans Oppose Bailouts, Favor Obama to Handle Market Crisis
Gawker:
Chris Rock To Bill Clinton: ‘Hillary Lost!’  —  As in his appearance on the View, Bill Clinton offered the most tepid support possible for Barack Obama's presidential ticket on David Letterman's Late Show last night.  After repeatedly invoking his vanquished wife Hillary …
Discussion: Amygdala and Open Left
RELATED:
Paul Slansky / The Huffington Post:
A Note to Bill Clinton  —  Given that we would never have had the odious George W. Bush in the White House in the first place if it wasn't for your blow jobs, Bill, it seems obvious that you owe it to the people of this country, and especially to the parents whose kids died in the Iraq War …
Discussion: NewsBusters.org
The Politico:
House GOP rises up against Cheney  —  There was a time when Dick Cheney could turn back a Republican revolt on Capitol Hill.  —  That time is gone.  —  House Republicans rose up en masse against their vice president on Tuesday morning to blast an administration proposal …
Discussion: Balloon Juice and Scripting News
Andrew Taylor / Associated Press:
Democrats to let offshore drilling ban expire  —  WASHINGTON - Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.
RELATED:
Victor Davis Hanson / The Corner:
And the Media Worries about Palin's Experience and McCain's Age?  —  I think in the space of about the last 24 hours, Joe Biden claimed that the AIG bailout was bad, but then said it wasn't bad;  —  that his apology about the dirty McCain ad was, as they say, inoperative;
Monica Mercer / Chattanooga Times Free Press:
Chattanooga: UT student not indicted in Palin e-mail hacking case … A federal grand jury in Chattanooga ended its session around lunch time today without indicting a University of Tennessee student who authorities believe may have hacked into vice presidential candidate Sarah Palin's personal e-mail account.
Brian Ross / ABCNEWS:
‘Grim’ Afghanistan Report To Be Kept Secret by US  —  “No Plans to Declassify” New National Intelligence Estimate for White House  —  US intelligence analysts are putting the final touches on a secret National Intelligence Estimate (NIE) on Afghanistan that reportedly describes the situation as …
Discussion: The Raw Story and Newshoggers.com
Cincinnati.com:
If Ohio polling looks like Chicago, ‘thank’ Brunner  —  Secretary of State Jennifer Brunner has a reputation as the most partisan state official in Ohio.  And she works hard to earn it.  The Democrat's latest stunt rejected absentee ballots for thousands of Republicans.  —  But it's not her first rodeo.
Jeffrey Goldberg:
What is the McCain Camp Hiding?  —  If Sarah Palin becomes vice president, she will presumably have meetings with people who are scarier than Michael Cooper, the Times reporter who seems to have the misfortune of covering her today.  I know Michael Cooper; he's a good reporter, but not very mean at all.
Mark Krikorian / The Corner:
Credit Is Not a Civil Right  —  I have no way of judging whether the Wall Street bailout is a necessary evil or an impending disaster.  But we're in this mess, ultimately, because our political elites thought it was good social policy to encourage banks to give mortgages to uncreditworthy people …
Discussion: Salon
Allahpundit / Hot Air:
Video: Who's responsible for the Fannie and Freddie mess?  Update: FBI launches investigation  —  By special request of Ace.  Nothing here you haven't read and/or heard before, but Fox deserves a little publicity for being willing to challenge the narrative.
 
 
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 More Items: 
Scarecrow / Firedoglake:
Obama: The Bailout Just Ate Universal Health Care, Energy Policy, College . . .
ACLU Blog:
Court Orders Release of Detainee Abuse Photos
Discussion: Crooks and Liars
Media Matters for America:
Time 's Carney claimed new McCain ad …
Discussion: TalkLeft
Greg Sargent / TPM Election Central:
Obama Dramatically Ramping Up Overall Ad Spending; Now Outgunning McCain
Jonah Goldberg / The Corner:
Count me Out of the Bailout  —  Sorry for the radio silence.
 Earlier Items: 
Jonathan Chait / The New Republic:
Obama's Michigan Attack
Discussion: Swampland
Jim Turner / TCPalm.com:
Democrats point out that Mahoney's challenger Rooney used dog track …
Discussion: TPM Election Central
Ben Smith / Ben Smith's Blogs:
McCain in Indiana? [CORRECTED]
Discussion: MyDD
Gallup:
Gallup Daily: Obama Holds 3-Point Edge
Times of London:
CEO murdered by mob of sacked Indian workers
Discussion: American Power
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

Liz Pelly / Harper's:
How Spotify used its Perfect Fit Content program to rig its system against musicians, filling popular playlists with “ghost artists” to cut its royalty payouts

 
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