Top Items:
Marc Ambinder:
Bailout Agreement Unraveling? — During the White House meeting, it appears that Sen. John McCain had an agenda. He brought up alternative proposals, surprising and angering Democrats. He did not, according to someone briefed on the meeting, provide specifics.
Discussion:
Newshoggers.com, McClatchy Washington Bureau, TalkLeft, The Corner, The Seminal and Salon
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Jonathan Martin / Jonathan Martin's Blogs:
McCain to do round of network interviews tonight — John McCain will appear on all three network newscasts tonight, a top aide said. — McCain is at the White House meeting with President Bush, Barack Obama and congressional leaders now and will tape interviews with NBC, ABC and CBS after the West Wing session.
Ryan Grim / The Crypt's Blogs:
Frank: Republicans “winced” when McCain was mentioned in meeting — Rep. Barney Frank (D-Mass.) said that “nobody mentioned McCain” during the several-hour-long meeting on the $700 billion market rescue plan, other than Frank and that his Republican colleagues “winced” when he did.
Wall Street Journal:
Agreement Reached on Bailout Ahead of High-Level Meeting — Proposal Breaks $700 Billion Into Installments — A bipartisan group of House and Senate lawmakers left a two-hour-plus meeting in the U.S. Capitol on Thursday saying they have a “fundamental agreement” on a $700 billion plan to bail out U.S. financial markets.
Discussion:
Political Punch, Wonkette, Salon, Gawker, Mish's Global Economic …, Law Blog, Danger Room and Hot Air
Jackie Kucinich / The Hill:
House GOP: We have leverage on bailout — House Republicans say they have significant leverage on the revamped bailout package, claiming that Democrats will scramble for votes unless they make changes to it. — Republicans in the lower chamber are balking at the bailout package …
ABCNEWS:
Deal May Be Dead: Democrats Blaming McCain — Obama, McCain Leave White House Without Deal on $700 Billion Bailout — After days of bipartisan negotiations and meetings today at the White House, the deal to bail out staggered investment banks may be dying amid partisan finger-pointing.
Discussion:
The Huffington Post, Newshoggers.com, Political Radar, Pajamas Media and Grasping Reality …
David Rogers / The Politico:
Deal would phase in bailout funds — The leaders of House and Senate banking committees reached a bipartisan agreement Thursday on the framework for legislation authorizing Treasury's ambitious $700 billion rescue plan for the financial markets. — The final language of the bill must still …
Discussion:
CNN, Associated Press, I Am TRex, MyDD, Salon, ECHIDNE OF THE SNAKES, Emptywheel and Political Punch
Marc Ambinder:
What Happened In The Cabinet Room... Though Sen. Chris Dodd implied that Sen. McCain sandbagged the rest of the negotiators by bringing up alternative proposals, McCain himself did not bring up those proposals, according to four independent sources briefed by four different principals inside the meeting …
Washington Post:
White House Meeting Fails to Yield Bailout Deal — Republicans Resist Agreement Met By House, Senate Negotiators — Top congressional leaders from both parties, including Democratic presidential candidate Barack Obama and Republican nominee John McCain, met with President Bush …
David M. Herszenhorn / New York Times:
Lawmakers Seem Near Deal on Bailout — WASHINGTON — Lawmakers indicated Thursday that they were close to hashing out an agreement on a proposed $700 billion bailout of the financial system, hours before a meeting at the White House to complete the deal. — After Congressional staff members …
Daniel W. Reilly / The Crypt's Blogs: Frank: 'I honestly don't know what House Republicans are going to do'
Marc Ambinder:
Being Close To Russian Entails...... The next installment in Katie Couric's interview with Gov. Sarah Palin. — Watch CBS Videos Online — COURIC: You've cited Alaska's proximity to Russia as part of your foreign policy experience. What did you mean by that?
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CBS News:
Palin On Foreign Policy — “Exclusive”: Katie Couric talks with Gov. Sarah Palin about her foreign policy experience and Alaska's proximity to Russia.
The Huffington Post:
Obama Will Make Debate A Townhall If McCain Doesn't Show — UPDATE: An adviser Barack Obama says he expects John McCain to attend: … Barack Obama is committed to hosting a public, televised event Friday night in Mississippi even if John McCain does not show up, an official close to the Obama campaign tells the Huffington Post.
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Peter Hamby / CNN:
Palin takes questions from press corps for first time — NEW YORK (CNN) — Sarah Palin took questions from her traveling press corps Thursday for the first time since being tapped as John McCain's running mate. — Speaking to a small pool of reporters following a visit to Ground Zero in lower Manhattan …
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Melanie Morgan:
Obama Campaign Supporters Meet With Iranian President — Digital Media has picked up the story here. — A founding member of the campaign of Democratic presidential nominee Sen. Barack Obama of Illinois met in New York City Wednesday night with Iranian President Mahmoud Ahmadinejad.
Discussion:
Hot Air
RELATED:
Amanda Carpenter / Townhall.com:Code Pink Obama Bundler Meets With Ahmadinejad
Discussion:
Power Line
Jonathan Martin / Jonathan Martin's Blogs:
Nope, nothing campaign-related here — McCain met with congressional leaders earlier today and has now returned to his Senate office. But it's increasingly implausible to think that what he's doing is anything different than he'd be doing on the campaign trail, except he's in person now instead of on his cell phone.
RELATED:
Wall Street Journal:
J.P. Morgan to Take Over Faltering WaMu — U.S. Government Helps Broker a Deal to Dispose of Huge Thrift; Banking Giant Expected to Get Deposits, Branches — In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. and struck a deal …
Charlotte Bailey / Telegraph:
Hugh Hefner to sack Playboy bunnies amid financial crisis — Playboy bunnies have become the latest victim of the credit crunch. — Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil.
Scott Mayerowitz / ABCNEWS:
O'Neill: Bush Doesn't Understand Crisis, ‘It Shows’ — The President's Former Treasury Secretary Speaks Out About $700 Billion Bailout — ABC NEWS Business Unit — Former Treasury Secretary Paul O'Neill said today that our nation's leaders — especially President Bush — are “in a panic” …
Faiz / Think Progress:
Sanders Schools Kudlow: 'You've Become A Socialist — Your Version Of Socialism Is To Bail Out The Rich' — Appearing on CNBC's Kudlow and Company on Tuesday night, Sen. Bernie Sanders (I-VT) dismantled host Larry Kudlow's proclaimed support for unfettered free market enterprise.
Discussion:
Daily Kos
Nitya / Political Radar:
Bill Clinton: Don't ‘Overly Parse’ McCain Request to Delay Debate — ABC News' Nitya Venkataraman Reports: Former President Bill Clinton defended Sen. John McCain's request to delay the first presidential debate, saying McCain did it in “good faith” and pushed organizers to reserve …
Discussion:
NewsBusters.org, News Hounds, The Edge of the American West, Matthew Yglesias, NO QUARTER, Liberty Street and Spin Cycle
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