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12:50 PM ET, September 26, 2008

memeorandum

 Top Items: 
RELATED:
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 …
Fox News:
Huckabee Calls McCain Debate Ploy a ‘Huge Mistake’  —  MOBILE, Ala. — Former Arkansas Gov. Mike Huckabee said Thursday that Sen. John McCain made a “huge mistake” by even discussing canceling the presidential debate with Sen. Barack Obama.  —  McCain's campaign has said the Republican …
Discussion: Think Progress
The Caucus:
Debate Is On  —  11:52 a.m. |  Updated: Senator John McCain's campaign said Friday morning that he will attend tonight's debate with Senator Barack Obama at the University of Mississippi, reversing his earlier call to postpone the debate so he could participate in the Congressional negotiations …
William Kristol / Weekly Standard:
McCain's Choice  —  Is there a third way?  —  The McCain campaign is now trying to broker a deal between House Republicans, Treasury Secretary Paulson, and the Democrats.  This will be tough—but it's worth a shot.  —  If it works, fine.  If it fails, McCain will have, I think, three alternative paths:
Patrick Healy / New York Times:
McCain Decides to Participate in Debate  —  Senator John McCain's campaign said Friday morning that he will attend tonight's debate with Senator Barack Obama at the University of Mississippi, reversing his earlier call to postpone the debate so he could participate in the Congressional negotiations …
Discussion: Matthew Yglesias
Hugh Hewitt / Townhall.com:
Memo To House Republicans  —  Here's a shocker: No one likes the risks involved in Paulson 2.0 or the precedent of using so much public money to rescue reckless bankers, both private and semi-private..  —  But there is a very good chance that (1) it will actually make money for the Treasury and …
Michael D. Shear / Washington Post:
McCain Says Yes to Debate in Miss.
Hope Ditto / Political Radar:
McCain to House GOP: We Need a Deal
Discussion: Hot Air and The Other McCain
New York Times:
McCain Leaps Into a Thicket
Frank James / The Swamp:
House GOP rebranding and bailout clash
Associated Press:
Bailout deal breaks down; Paulson back to Capitol
Discussion: Right Wing News
CNN:   Game on: McCain campaign says he'll be at debate
The Politico:
Wall Street bailout plan breaks down
Discussion: Gristmill and Daily Kos
Stephen F. Hayes / Weekly Standard:
Depends on the Meaning of ‘Close’
CNN:
Bailout package will pass, Bush says
Discussion: MSNBC
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 …
RELATED:
The New Republic:
Putting Country Last  —  I don't know John McCain as well as David Brooks does.  In fact, I don't know him personally at all.  But I covered his 2000 and 2008 primary campaigns, and I spent considerable time interviewing him, including several long interviews I did for a profile in 2006.
Discussion: The Corner and Washington Monthly
Kathleen Parker / National Review:
Palin Problem  —  If at one time women were considered heretical for swimming upstream against feminist orthodoxy, they now face condemnation for swimming downstream — away from Sarah Palin.  —  To express reservations about her qualifications to be vice president — and possibly president — is to risk being labeled anti-woman.
RELATED:
Chris Cillizza / Washington Post:
McCain Wins Debate  —  Although the fate of tonight's presidential debate in Mississippi remains very much up in the air, John McCain has apparently already won it — if you believe an Internet ad an astute reader spotted next to this piece in the online edition of the Wall Street Journal this morning.
RELATED:
John Paulson / Wall Street Journal:
The Public Deserves a Better Deal
Discussion: protein wisdom and Washington Post
Washington Post:
Away from Wall Street, Economists Question Basis of Paulson's Plan  —  The Bush administration's pitch for a sweeping bailout of the financial system has centered on two simple premises: that the economy could suffer a crippling downturn if action is not taken very quickly and that this action …
RELATED:
Mark Sanford / Washington Post:
A Bailout for All Our Bad Decisions?
Discussion: Townhall.com
Peter S. Goodman / New York Times:
Credit Enters a Lockdown
Discussion: The Foundry
Slate:
SLATE PREDICTS MCCAIN'S NEXT 10 HAIL MARY STUNTS.  —  1. Returns to Vietnam and jails himself.  —  2. Offers the post of “vice vice president” to Warren Buffett.  —  3. Challenges Obama to suspend campaign so they both can go and personally drill for oil offshore.  —  4. Learns to use computer.
Discussion: MoJoBlog and Political Machine
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: Reason and The Strata-Sphere
RELATED:
The Politico:
Suggest one question for the foreign policy debate and for extra credit, what is McCain thinking?  —  Do we really want to bring Georgia into NATO and risk sending American sons and daughters to remote mountainous inland Asia in coming years to fight nuclear-armed Russia over a territorial dispute involving …
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 …
 
 
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 More Items: 
David Ellis / CNNMoney.com:
The credit crunch: Loans out of reach
Discussion: The Corner
The Politico:
McCain's temperament again an issue
Discussion: Marc Ambinder
Michael Dobbs / Washington Post:
Four Pinocchios for Biden's Tax Fabrication
Discussion: Hot Air
Myglesias / Matthew Yglesias:
Palin on the Bailout  —  Sarah Palin gives her view of the economic crisis:
Jack Fowler / The Corner:
ACORN — NUTS!  —  So a huge chunk of this proposed bailout …
Discussion: PR Newswire
 Earlier Items: 
David Kurtz / Talking Points Memo:
CHANNELING HERBERT HOOVER
John McCormack / Weekly Standard:
Barney Frank Slams McCain
Discussion: The Hill and The Crypt's Blogs
Betsy Rothstein / The Hill:
20 Questions: Ron Reagan
Discussion: The Moderate Voice
Reason:
The Great Bailout Brouhaha
Discussion: EconLog and QandO
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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