Top Items:
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:
The New Republic, The Corner, JustOneMinute, Hot Air, Jules Crittenden, Political Punch, Don Surber, MyDD, Sister Toldjah and Open Left
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Mark Finkelstein / NewsBusters.org:
Schieffer: Paulson Pleaded for McCain to Save Bailout — So much for a “stunt.” — John McCain got involved in the bailout negotiations after Treasury Secretary Henry Paulson told Sen. Lindsey Graham yesterday that the bailout plan would fail unless McCain came in and brought balky Republicans aboard.
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The Moderate Voice:
The Staggering Cynicism Of John McCain — The familiar frat boy smirk was absent when George Bush went before the nation last night to cry wolf. — The man speaking from the White House had recently managed the feat of polling disapproval ratings lower than Richard Nixon during the week …
Ben Smith / Ben Smith's Blogs:
Palin and Couric — Full transcript after the jump. This is a rough bit:
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CNN:
McCain camp to propose postponing VP debate
McCain camp to propose postponing VP debate
Discussion:
The Moderate Voice, Obsidian Wings, Salon, Minnesota Independent, Jon Swift, The Washington Independent, Kevin Drum, Talking Points Memo, Jonathan Martin's Blogs, Taylor Marsh, Tennessee Guerilla Women, Eunomia, Newshoggers.com, Political Radar, Booman Tribune, Marc Ambinder, The New Republic, Crooked Timber, Ben Smith's Blogs, The Edge of the American West, MyDD, ATTACKERMAN, Hot Air and No More Mister Nice Blog
Hillary Rodham Clinton / Wall Street Journal:
Let's Keep People In Their Homes — There is a broad consensus that Congress must act to stave off deeper turmoil on Wall Street. Irrespective of the final agreement yet to be reached, there are several principles that must be part of a broader reform effort that begins this week and continues in the coming months.
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Frank Ahrens / Washington Post:
Bailout Could Deepen Crisis, CBO Chief Says — Asset Sales May Lead to Write-Downs, Insolvencies, Orszag Tells Congress — The director of the Congressional Budget Office said yesterday that the proposed Wall Street bailout could actually worsen the current financial crisis.
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James K. Galbraith / Washington Post:
A Bailout We Don't Need — Now that all five big investment banks …
A Bailout We Don't Need — Now that all five big investment banks …
Michael Isikoff / Newsweek:
Unsevered Ties? — Regulatory filings indicate that McCain campaign chief Rick Davis remains an officer with his lobbying firm. — Rick Davis, John McCain's campaign manager, has remained the treasurer and a corporate director of his lobbying firm this year, despite repeated statements …
Dan Balz / Washington Post:
Selfless or Reckless? McCain Gambles On Voters' Verdict — John McCain is a gambler by nature, and the bet he placed Wednesday may be among the biggest of his political life. — The Republican presidential nominee is hoping that his abrupt decision to suspend campaigning …
Discussion:
NY Daily News, New York Times, MSNBC, The Caucus, Spin Cycle, PSoTD, Real Clear Politics, TIME.com and The World Newser
Josh Wolk / EW.com:
Jon Stewart and Stephen Colbert: Mock the Vote — With just five weeks left until election day, our favorite pundits discuss the power of Sarah Palin, why TV news is about as credible as Muzak, and whether Barack Obama is going to be “sworn in on a gay baby”
David Levinson Wilk / The Politico:
Times puzzle is clueless about McCain — On Jan. 8, 2005, I purposefully and unapologetically became the first person to ever construct a crossword puzzle for The New York Times that featured this five-letter answer: — OBAMA. — Earlier this week, Steve Schmidt, John McCain's senior campaign adviser …
Mike Allen / The Politico:
Obama moving into electoral lead — State by state, Sen. Barack Obama (D-Ill). is showing signs of breaking open a presidential race that looked deadlocked through much of September. — A new wave of polls released Wednesday showed decisive leads for Obama in the critical states of Colorado, Michigan and Pennsylvania.
Discussion:
MSNBC
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The Huffington Post:
John McCain Cancels Letterman Appearance, Keith Olbermann To Fill In … The comments will air Wednesday evening. Watch a preview below — the best material starts at about 5:00: — Original Post: John McCain canceled a scheduled appearance on CBS's “Late Show with David Letterman” …
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Paul Krugman:
A sneaking suspicion — So now the whole rationale for the plan is “price discovery”: we're going to throw lots of taxpayer funds into the pot because that will let us find the true values of troubled assets, which are higher than the fire sale prices out there, and so balance sheet will improve, confidence will return, etc, etc..
Chicago Sun Times:
Obama grant being probed — A $100,000 state grant for a botanic garden in Englewood that then-state Sen. Barack Obama awarded in 2001 to a group headed by a onetime campaign volunteer is now under investigation by the Illinois attorney general amid new questions, prompted by Chicago Sun-Times reports …
USA Today:
Lobbyists in ‘feeding frenzy’ — WASHINGTON — The financial services industry, which has spent billions on lobbying and campaign contributions over the last decade, is scrambling to make its case for a proposed $700 billion bailout plan amid deep public skepticism.
Discussion:
Matthew Yglesias
David Goldman / CNNMoney.com:
Jobless claims soar near 7-year high — First economic report since financial meltdown shows initial unemployment claims rose by 7%, boosted by Hurricanes Gustav and Ike. — NEW YORK (CNNMoney.com) — In the first economic reading from the period since the Wall Street crisis erupted …
Discussion:
New York Times
www.dcexaminer.com:
The Examiner endorses McCain-Palin — The Examiner endorses John McCain for president and his running mate, Sarah Palin, for vice president. America is at war overseas and in an economic crisis here at home. Many of her citizens believe the country is on the wrong track.
Discussion:
Hot Air
CNN:
Pakistan's president tells Palin she is ‘gorgeous’ — NEW YORK (CNN) - Sarah Palin and the foreign leaders she has met with in New York have said very little to reporters over the last two days, but the press happened to be in the room on Wednesday for one eyebrow-raising exchange …
Alex Tabarrok / Marginal Revolution:
A Supply Side Approach to the Crisis — Yesterday I pointed out that credit is still robust. Growth rates are declining, however, and many people say the real crunch is around the corner. Thus, today I want to suggest a new approach to dealing with the crisis that will have benefits regardless of how the crisis unfolds.
Garance Burke / Associated Press:
Palin once blessed to be free from ‘witchcraft’ — ANCHORAGE, Alaska (AP) — A grainy YouTube video surfaced Wednesday showing Sarah Palin being blessed in her hometown church three years ago by a Kenyan pastor who prayed for her protection from “witchcraft” as she prepared to seek higher office.
Discussion:
The Daily Dish, Washington Monthly, Ben Smith's Blogs, Max Blumenthal and Right Wing Watch
SurveyUSA:
America's First Reaction: Friday's McCain-Obama Debate Should Still Be Held On Friday, But Perhaps With New Focus — Immediately after John McCain's announcement 3 pm ET today, Wednesday 09/24/08, that he was suspending his campaign and seeking to postpone Friday's schedule presidential debate …
Discussion:
Outside The Beltway, Right Wing Nut House, Townhall.com, Electoral-vote.com, SurveyUSA and Pam's House Blend
Brad / Wonk Room:
Full Text Of John McCain's Address To The Clinton Global Initiative — Full Text Of John McCain's Address To The Clinton Global Initiative» — Here is the full text of Sen. John McCain's (R-AZ) speech being offered this morning at the Clinton Global Initiative in New York, NY.
Victor Davis Hanson / The Corner:
Just a barking dog in the night — Christopher Beam has it wrong in Slate when he suggests that I and others are mistaken in thinking Biden's gaffes-a-minute are beginning finally to matter, raising questions to the Obama team whether their VP is up to the job—and blunting its criticism of Palin's experience and seriousness.
John Kelly / Washington Post:
Hands Off the Horses, Massage Therapist Is Told — It used to be that when a horse was tense, stressed out from a day at work or fried from time spent in a hellacious commute, Mercedes Clemens was there to help. The Gaithersburg massage therapist could lay her healing hands on the beast's body and unkink the knots.
Discussion:
EconLog