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9:35 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.
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.
CNN:
No deal after ‘contentious’ White House meeting
Discussion: MyDD
Jonathan Martin / Jonathan Martin's Blogs:
McCain to do round of network interviews tonight
New York Times:
Government Seizes WaMu and Sells Some Assets  —  Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history.
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!
RELATED:
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.
Ben Smith / Ben Smith's Blogs:
Obama seeks to take down NRA ad
Discussion: Don Surber
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 …
Discussion: Stop The ACLU and INSTAPUTZ
RELATED:
Marc Ambinder:
Palin On Foreign Policy, Nation Building, And Why She Disagrees With Kissinger  —  Here's an interesting exchange.  Note that CBS verified Kissinger's position — that he favored diplomacy with Iran without preconditions, although not directly with Ahmadinejad.
RELATED:
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
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
CBS News:
Poll: Obama Leads; Interest In Debate High  —  CBS/NYT Survey Finds Obama Leading McCain By 5 Points With Three In Ten Uncommitted; Majority “Very Likely” To Watch Debate  —  (CBS) With 40 days left until the election, Democratic presidential nominee Barack Obama leads GOP rival John …
 
 
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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
Liz Sidoti / Associated Press:
McCain campaign won't commit to debate on Friday
 Earlier Items: 
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
Glenn R. Simpson / Wall Street Journal:
Countrywide Made Home Loans to Gorelick, Mudd
Discussion: L.A. Land
Ross Douthat:
Sarah The Unready (II)
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

 
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