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.
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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.
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.
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 …
Discussion:
The Crypt's Blogs, The Corner, The Swamp, Swampland, Political Machine, Gawker and Hullabaloo
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.
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 …
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.
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.
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:
The Swamp, CNN, Associated Press, NewsBusters.org, I Am TRex, MyDD, ECHIDNE OF THE SNAKES, Salon, Political Punch and Emptywheel
McClatchy Washington Bureau:Bailout deal would start with $250 billion, limit executive pay
Discussion:
Corrente
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.
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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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 …
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MSNBC:
The ‘lost’ Palin files — When federal judges in San Francisco ruled in 2002 that reciting the Pledge of Allegiance in public schools was unconstitutional because it included the phrase “under God,” Sarah Palin was not amused. Palin, who at the time was Mayor of Wasilla, Alaska …
Washington Post:
Palin Accepted $25,000 in Gifts, Alaska Records Show — Alaska Gov. Sarah Palin, who has made a crackdown on gift-giving to state officials a centerpiece of her ethics reform agenda, has accepted gifts valued at $25,367 from industry executives, municipalities and a cultural center whose …
Jonathan Steele / Guardian:
Israel asked US for green light to bomb nuclear sites in Iran — US president told Israeli prime minister he would not back attack on Iran, senior European diplomatic sources tell Guardian — Israel gave serious thought this spring to launching a military strike on Iran's nuclear sites …
Discussion:
Philly.com
Faiz / Think Progress:
Sanders Schools Kudlow: 'You've Become A Socialist — Your Version Of Socialism Is To Bail Out The Rich' — Appearing on CNBC's Kudlow and Company on Tuesday night, Sen. Bernie Sanders (I-VT) dismantled host Larry Kudlow's proclaimed support for unfettered free market enterprise.
Charlotte Bailey / Telegraph:
Hugh Hefner to sack Playboy bunnies amid financial crisis — Playboy bunnies have become the latest victim of the credit crunch. — Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil.
johnny dollar's place:
‘Walk Away from These Right Wing Liars!’ — J$P Audio! O'Reilly erupts against talk radio, calls Barney Frank a ‘fat toad’: — From The Radio Factor, September 25 2008 fox news bor bail bf — UPDATE: Complete audio (minus commercials) of the entire hour here.
Glenn R. Simpson / Wall Street Journal:
Countrywide Made Home Loans to Gorelick, Mudd — Leading Democrat, Ousted Fannie Chief Deny Any Favoritism — Countrywide Financial Corp., the biggest U.S. mortgage lender, made large, previously undisclosed home loans to two additional executives of Fannie Mae, the government-chartered firm at the center of the U.S. credit crisis.
Ross Douthat:
Sarah The Unready (II) — And now, an excerpt from my inner monologue, as transcribed while watching various clips from Sarah Palin's interview with Katie Couric (I can't link to them; they're too painful): … But hey, maybe it's all just effing brilliant rope-a-dope for the Biden debate ....
Discussion:
Donklephant
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