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9:55 AM ET, September 26, 2008

memeorandum

 Top Items: 
New York Times:
Fate of Bailout Plan Remains Uncertain  —  WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation.  It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas …
RELATED:
The Politico:
Wall Street bailout plan breaks down  —  Treasury Secretary Henry Paulson left a late-night session at the Capitol Thursday without a deal on the bailout plan the White House says is needed to prevent economic disaster.  —  Four of the five parties involved in the deal — House Democrats …
New York Times:
McCain Leaps Into a Thicket  —  Senator John McCain had intended to ride back into Washington on Thursday as a leader who had put aside presidential politics to help broker a solution to the financial crisis.  Instead he found himself in the midst of a remarkable partisan showdown …
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.
Justin Fox / The Curious Capitalist:
The Republican alternatives to the Paulson bailout  —  The “agreement in principle” on a $700-billion mortgage bailout turned pretty quickly into a disagreement Thursday night as House Republicans revolted.  Not being a Capitol Hill Kremlinologist, I can't really tell you how significant this is …
Charles Babington / Associated Press:
Frank blames House GOP for breakdown of deal  —  WASHINGTON - The chairman of the House Financial Services Committee declared Friday that an agreement on legislation to relieve a spreading financial crisis depends on House Republicans “dropping this revolt” against President Bush.
Ed Morrissey / Hot Air:
The Democratic ACORN bailout; Update: Video added
Discussion: The Corner and Flopping Aces
CNN:   No deal after ‘contentious’ White House meeting
Jonathan Martin / Jonathan Martin's Blogs:
McCain to do round of network interviews tonight
Discussion: The Swamp and Political Machine
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 …
Reuters:
WaMu is largest U.S. bank failure
Discussion: HousingPANIC
David Brooks / New York Times:
Thinking About McCain  —  I've been covering John McCain steadily for a decade.  A few years ago, I worked on a book, which I foolishly never completed, on the U.S. Senate with McCain as the central character.  So when I step back and think of McCain, even in the heat of this campaign …
Glenn Reynolds / Pajamas Media:
MORE THUGGISHNESS: Obama threatening the licenses of TV stations that run NRA ads.  —  Haven't we had about enough of this?  Related item here.  They told me that if George W. Bush were re-elected there would be brazen efforts to suppress free speech on political grounds — and they were right!
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Gateway Pundit:
Missouri Sheriffs & Top Prosecutors Form Obama “Truth Squads” & Threaten Libel Charges Against Obama Critics  —  More Hope and Change for Missouri...  St. Louis and Missouri Democrat sheriffs and top prosecutors are planning to go after anyone who makes false statements against Obama during his campaign.
Discussion: The Strata-Sphere
Ben Smith / Ben Smith's Blogs:
Obama seeks to take down NRA ad
Discussion: Don Surber
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 …
Discussion: Buck Naked Politics
RELATED:
Paul Krugman / New York Times:
Where Are the Grown-Ups?  —  Many people on both the right and the left are outraged at the idea of using taxpayer money to bail out America's financial system.  They're right to be outraged, but doing nothing isn't a serious option.  Right now, players throughout the system are refusing …
David Deming / Edmond Sun:
Why Obama will lose  —  EDMOND — When Benjamin Franklin was dispatched to France as ambassador of the United States in 1776, he won the hearts of the French through his authenticity.  Rather than take on an affected and phony continental style, Franklin eschewed the powdered wig …
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 …
Discussion: USS Neverdock
Patrick Healy / New York Times:
In a Time of Crisis, Is Obama Too Cool?  —  DUNEDIN, Fla. — Where many politicians would have aspired to show anger, Senator Barack Obama spoke in a soft, even tone as he reached the crescendo of his speech Wednesday about government mismanagement of the economy.
Discussion: MSNBC and Comments from Left Field
 
 
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 More Items: 
Eric Schmitt / New York Times:
Pakistani and American Troops Exchange Fire
Discussion: The Daily Dish and Eunomia
Reason:
The Great Bailout Brouhaha
Discussion: EconLog
PR Newswire:
CRL Testimony on ACORN's Voter Fraud
Discussion: Michelle Malkin and Atlas Shrugs
Mister Leonard Pierce / Sadly, No!:
Sweet Emotional Imbalance
Michael Stebbins / A Vote For Science:
61 Nobel Laureates in Science Endorse Obama
CBS News:
Poll: Obama Leads; Interest In Debate High
WJBC.com:
Federal indictment of Governor?
Discussion: Gateway Pundit and Flopping Aces
 Earlier Items: 
Chris Cillizza / Washington Post:
Bubba Re-Emerges: Still Bitter?
Discussion: CNN, NewsBusters.org and Betsy's Page
Dan Payne / Boston Globe:
Sell! Sell! McCain is tanking!
Discussion: TalkLeft
Todd Spangler / Detroit Free Press:
Obama has 13-point Michigan lead over McCain
The Huffington Post:
McCain Aide Claims Credit For Deal, Says “We're Going Into A Debate”
Nate Silver / FiveThirtyEight.com:
McCain Doubling Down on Debate?
Discussion: First Draft
Jonathan Steele / Guardian:
Israel asked US for green light to bomb nuclear sites in Iran
Discussion: Israel Matzav and Truthdig
Ross Douthat:
Sarah The Unready (II)
Discussion: The American Scene