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10:15 AM ET, September 23, 2008

memeorandum

 Top Items: 
George F. Will / Washington Post:
McCain Loses His Head  —  “The queen had only one way of settling all difficulties, great or small.  ‘Off with his head!’ she said without even looking around.”  —  Under the pressure of the financial crisis, one presidential candidate is behaving like a flustered rookie playing in a league too high.
Stanley Kurtz / Wall Street Journal:
Obama and Ayers Pushed Radicalism On Schools  —  Despite having authored two autobiographies, Barack Obama has never written about his most important executive experience.  From 1995 to 1999, he led an education foundation called the Chicago Annenberg Challenge (CAC), and remained on the board until 2001.
Chairman Ben S. Bernanke / Board of Governors …:
Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate  —  Chairman Dodd, Senator Shelby, and members of the Committee, I appreciate this opportunity to discuss recent developments in financial markets and the economy.  As you know, the U.S. economy continues …
RELATED:
Wall Street Journal:
Blame Fannie Mae and Congress For the Credit Mess  —  Many monumental errors and misjudgments contributed to the acute financial turmoil in which we now find ourselves.  Nevertheless, the vast accumulation of toxic mortgage debt that poisoned the global financial system was driven …
Bob Herbert / New York Times:
A Second Opinion?  —  Does anyone think it's just a little weird to be stampeded into a $700 billion solution to the worst financial crisis since the Great Depression by the very people who brought us the worst financial crisis since the Great Depression?  —  How about a second opinion?
Discussion: Prometheus 6
RELATED:
David Brooks / New York Times:
The Establishment Lives!  —  Once, there was a financial elite in this country.
Discussion: Salon
New York Times:   The $700 Billion Question  —  HENRY PAULSON, the Treasury secretary …
David Weigel / Reason:
Ron Paul's Presidential Endorsement.  For Real, This Time.  —  Two weeks after his “third party alliance” press conference, three weeks after the Rally for the Republic, Ron Paul finally dives in and endorses a presidential candidate.  This guy.  —  Paul's reasoning had a lot to do with Bob Barr's snub of the third party presser.
RELATED:
Jesse Benton / Ron Paul's Campaign For Liberty:
A New Alliance - By Dr. Ron Paul
Discussion: Donklephant
Marcia Kramer / WCBS-TV:
Anti-Iran Rally Turns Into Anti-Obama Rally  —  Jewish Groups Furious That Protest Against Ahmadinejad Was, At Times, A Pro-Palin, Bash-The-Dems Affair  —  NEW YORK (CBS) ― Politics and diplomacy were not a good mix at Monday's protest rally against Iran at the United Nations.
Natalie Gewargis / Political Punch:
The Story Behind Biden's Emergency Helicopter Landing in Afghanistan  —  “Ladies and gentlemen, where are we now?  Where are we now?”  Sen. Joe Biden, D-Del., said to the National Guard Association today, talking about the war in Afghanistan.  —  “If you want to know where Al Qaeda lives …
Megan McArdle:
How close was the financial system to melting down?  —  I do not work for the Treasury, the Fed, or an investment house, so take this for what it's worth.  But my understanding is really, frighteningly close.  Remember the monster that lived under your bed when you were five?  Actually, mine lived in the closet.
Scott Lilly / The Politico:
Playing hooky pays off for Palin  —  Despite all of the discussion of Sarah Palin's performance as governor of Alaska, there has been little analysis of the simplest measure of performance: attendance.  As Woody Allen said many years ago, “80 percent of success is just showing up.”
Discussion: Think Progress
Media Matters for America:
Limbaugh repeats baseless Obama smear: “He's Arab. ...  [H]e's not African-American”  —  On the September 22 broadcast of his syndicated radio show, Rush Limbaugh baselessly claimed that Sen. Barack Obama is “not black,” and went on to ask: “Do you know he has not one shred of African-American blood?”
Dana Hedgpeth / Washington Post:
$13 Billion in Iraq Aid Wasted Or Stolen, Ex-Investigator Says  —  A former Iraqi official estimated yesterday that more than $13 billion meant for reconstruction projects in Iraq was wasted or stolen through elaborate fraud schemes.  —  Salam Adhoob, a former chief investigator …
Associated Press:
Millions spend half of income on housing  —  MIAMI - Al Ray is so strapped for cash, the only time he eats out is on Wednesday or Sunday, when the local McDonald's sells hamburgers for 49 cents.  —  Ray lost his engineering job last November, and has been working as high school tutor …
Discussion: Corrente
CNN:
Palin's lawyer meets with independent counsel  —  ANCHORAGE, Alaska (CNN) — Alaska Gov. Sarah Palin's lawyer met Monday with the independent counsel hired by the state to discuss the investigation into Palin's firing of Alaska's public safety commissioner, campaign officials said.
Dr. Rusty Shackleford / The Jawa Report:
Ethan Winner Responds: Claims He Produced Video  —  Ethan Winner responds.  Written like a VP in a public relations firm that specializes in crisis management and grassroots organization.  I'll post the whole thing below.  —  He produced the video?  He paid for the voice-over narration which he found through a talent agency?
Allahpundit / Hot Air:
Biden on Obama's e-mail ad: “I thought that was terrible”  —  Skip ahead to 4:05.  For the second time in three days, Greasy Joe proves himself one of America's most effective anti-Obama advocates.  —  I hope you appreciate his nuance, at least, in hinting that Obama didn't approve an ad that ended with …
Natalie Gewargis / Political Punch:
Sitting Room Only for Obama in Green Bay  —  Sen. John McCain, R-Ariz., and Alaska Gov. Sarah Palin packed the house last week in Green Bay, Wis., at the Resch Center.  —  Not so today in the same arena with Sen. Barack Obama, D-Ill., as ABC News' Sunlen Miller captured in these photos.  — jpt
Discussion: The Strata-Sphere
FactCheck.org:
NRA Targets Obama  —  It falsely claims in mailers and TV ads that Obama plans to ban handguns, hunting ammo and use of a gun for home defense.  —  A National Rifle Association advertising campaign distorts Obama's position on gun control beyond recognition.
Jim Snyder / The Hill:
Lobbyists seek change to language  —  Lobbying on the rescue plan for Wall Street intensified Monday as the package moved to Congress, giving advocates another avenue to alter the language in ways favorable to their clients.  —  Up to now, the actions to stem the financial calamity …
Confederate Yankee:
The Palin Rape Kit Circus Continues  —  We have fresh information regarding poorly-researched claims made in the media (including CNN, US News & World Report, USA Today, Chicago Tribune, the Associated Press, and literally dozens of other “professional media") that Sarah Palin presided over a Wasilla …
Financial Times:
Europe rejects US-style toxic asset bail-out  —  By Nikki Tait in Brussels, Ben Hall in Paris and Bertrand Benoit in Berlin  —  European finance ministers and poli­cy­makers on Monday played down the likelihood of mimicking the US plan to prop up the banking sector by acquiring troubled financial assets.
Discussion: Reuters and Crooks and Liars
Christopher Hayes / The Nation:
Bailout Satire  —  Add your own toxic holdings to the big s**tpile here.  —  I almost missed this email because it was diverted to my spam folder.  But apparently Paulson is sending this around:
Discussion: Wonkette and Credit Slips
Wall Street Journal:
Candidates Keep Their Bailout Stances to Themselves  —  As Senators, Both Will Vote on Plan; Concept Embraced  —  Presidential nominees Barack Obama and John McCain are carefully calibrating the rapidly changing politics — and policies — of the mammoth Treasury bailout plan …
Discussion: The Caucus and New York Times
Naomi Wolf / The Huffington Post:
The Battle Plan II: Sarah “Evita” Palin, the Muse of the Coming Police State  —  Please understand what you are looking at when you look at Sarah “Evita” Palin.  You are looking at the designated muse of the coming American police state.  —  You have to understand how things work …
Washington Post:
Obama, McCain In Tight Race in Va., Poll Shows  —  Sens. Barack Obama and John McCain are locked in an extremely competitive race for Virginia's 13 electoral votes amid widespread public anxiety over the economy and the direction the country is heading, according to a new Washington Post-ABC News poll.
Discussion: Salon and Real Clear Politics
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 …
Agence France Presse:
McCain campaign savages New York Times  —  PHILADELPHIA, Pennsylvania (AFP) — John McCain's White House campaign Monday lashed out at the media and declared that the venerable New York Times was “150 percent” behind Democratic hopeful Barack Obama.  —  McCain senior strategist Steve Schmidt …
Discussion: Townhall.com and All Spin Zone
 
 
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 More Items: 
Howard Kurtz / Washington Post:
David Brooks, Rankling Folks Right and Left
Discussion: NewsBusters.org
Tom / Election '08:
Debate Effects  —  The first of three presidential debates …
Discussion: FiveThirtyEight.com
Brian O'Keefe / Fortune:
Here comes $500 oil  —  If Matt Simmons is right …
UPI:
Poll: Palin helping GOP with women
Discussion: Commentary
Ace / Ace of Spades HQ:
Shock: Daily Kos Diary Asking Readers to Send Video to Ten Friends …
Jeffrey / ArmsControlWonk:
START: Dead Treaty Walking
iowahawk:
Council Demands Palin Ouster from Fallout Shelter
 Earlier Items: 
The Current:
Not Buying It  —  Why Secretary Paulson's plan to bail …
Discussion: The RBC and The Volokh Conspiracy
Naomi Klein / The Huffington Post:
Now is the Time to Resist Wall Street's Shock Doctrine
Discussion: solutionsday2008.com