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 …

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.

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.

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 …

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.

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 …

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.

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”

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 …

McCain has not sponsored a banking bill this Congress  —  Republican presidential nominee John McCain has not introduced any banking or housing bills in the 110th Congress, while Democratic rival Barack Obama has proposed five.  —  Both candidates are traveling to Washington on Thursday …

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 …

Palin, Muthee And The “Israelites”  —  If you go to 1:20 into this Youtube, you will hear Muthee, who later anointed Palin, say the following words in Palin's presence: … Sure they vetted her.

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 …

Exonerated Marine to sue Rep. Murtha  —  One of the Marines cleared in the killings of Iraqi civilians in the town of Haditha plans to sue his congressman today for statements he says defamed him and other members of his squad.  —  Former Marine Lance Cpl. Justin Sharratt, 24, of Canonsburg …

Finance Industry Giving Visualized  —  Wonder just how Wall Street has become so influential on Capitol Hill that it can command the attention of the federal government from the President on down?  The answer isn't only in how gyrations in the stock market may affect the real economy.

What liberals are up in arms about this morning  —  McCain revealed in an interview with a Cleveland TV station Tuesday that he hadn't yet read the administration's three-page bailout proposal.  —  “I have not had a chance to see it in writing,” McCain said.  “I have to examine it.”

The First Debate Could Be Decisive  —  Presidential debates are important — and the first debate is the most important of all, establishing an arc of opinion that persists unless jarred loose by big mistakes or dramatic events.  —  So whether this year's first presidential debate between …

Palin and Couric  —  Full transcript after the jump.  This is a rough bit:

Is There Risk in McCain's Suspension?  —  The consensus here seems to be that there is little risk in McCain's suspension of his campaign, and the promise of great reward.  But I wonder whether there isn't some serious risk.  This Politico story seems to suggest that Democrats are starting …

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..

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.

JOHN MCCAIN'S LATEST CRAZY, BRILLIANT, DESPERATE CAMPAIGN TACTIC.  —  John McCain has launched his second Hail Mary pass in a month.  On Wednesday he called for a suspension of the presidential campaign—no events, no ads, and no debate Friday—so that he and Barack Obama can head to Washington to forge a bipartisan solution.