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5:30 PM ET, September 29, 2008

memeorandum

 Top Items: 
New York Times:
House Rejects Bailout Package, 228-205; Stocks Plunge  —  WASHINGTON — In a moment of historic import in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry.  The vote came in stunning defiance of President Bush …
RELATED:
Chris Isidore / CNNMoney.com:
Bailout plan rejected  —  House leaders scramble for support for controversial Wall Street plan.  —  NEW YORK (CNNMoney.com) — The fate of the Bush administration's $700 billion financial bailout plan was abruptly thrown in doubt Monday as a House vote turned against the controversial measure.
Michelle Malkin:
Nancy Pelosi's bailout attack speech on the House floor; Update: Pence statement added  —  I noted it during my liveblog of the House debate.  Here's a video sample of her crap sandwich.  As I mentioned while it was happening, she received multiple rounds of applause on the floor before and after her spittle-flecked statement.
Mark Halperin / TIME.com:
Rep. Pelosi's Remarks on Floor Ahead of House Bailout Vote  —  Her remarks, as prepared for delivery, according to Rep. Pelosi's office:  —  “Madam Speaker, when was the last time someone asked you for $700 billion?  —  It is a number that is staggering, but tells us only the costs …
Alexandra Twin / CNNMoney.com:
Stocks crushed  —  Dow down 778, worst point drop ever, after the House rejects the $700 billion bank bailout plan.  —  NEW YORK (CNNMoney.com) — Stocks skidded Monday afternoon, with the Dow's nearly 778-point drop being the worst single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan.
Ed Morrissey / Hot Air:
Breaking: Bailout bill fails, Dow roller-coasters; Update: Pelosi speech added
SilentPatriot / Crooks and Liars:
Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings
Discussion: Politics Blog
Jeffrey Goldberg:
Sarah Palin Endorses Hamas  —  How can it be that some people still pretend that Sarah Palin is suited for high office?  This country has never seen someone so comprehensively unprepared for the vice presidency; Dan Quayle was Metternich by comparison.  I've watched Sarah Palin's interview …
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Howard Kurtz / Washington Post:
‘Substantive’ Press Is Taken for a Spin  —  OXFORD, Miss. — David Axelrod was surrounded by a pack of camera-toting, mike-wielding, pushing-and-shoving media types, one of whom asked whether his man Barack Obama had been “too nice” in the just-completed debate with John McCain.
Ben Smith / Ben Smith's Blogs:
More to come from Palin-Couric  —  Howie Kurtz raised some eyebrows by reporting this morning that “the worst may be yet to come for Palin; sources say CBS has two more responses on tape that will likely prove embarrassing.”  —  A source familiar with CBS News' plans clarified that this is part of the …
Andrew Malcolm / Top of the Ticket:
How Democrats set Sarah Palin up to ‘win’ Thursday's VP debate
Discussion: Newshoggers.com and Crunchy Con
Ari / Firedoglake:
Maureen Dowd Banned
Mike Allen / The Politico:
McCain takes credit for bill before it loses  —  Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition - hours before the vote failed and stocks tanked.  —  The rush to claim he had engineered a victory now looks like a strategic blunder …
RELATED:
Ben Smith / Ben Smith's Blogs:
McCain blames Obama, not House GOP, for House vote
Discussion: AMERICAblog News and pandagon.net
The Politico:
McCain blames Obama for bailout defeat
Discussion: The Daily Dish
Marc Ambinder:
McCain's Share of The Blame?
Washington Wire:
McCain Blames Obama and Democrats, Despite Lopsided Vote
Discussion: Commentary
Patrick Edaburn / The Moderate Voice:
House REJECTS Bailout Bill
RELATED:
Ezra Klein / American Prospect:
A FAILURE OF POLITICS.  —  The final vote was 205 in favor, 228 against.  This is a huge failure.  A revolt of the incumbents.  More Republicans voted to kill the bill than did Democrats, but not by that much.  The leadership of both parties were whipping in the bills favor.
RELATED:
Larry Kudlow / The Corner:
The End of the U.S. Financial System as We Know It?
Discussion: Hot Air and The Campaign Spot
Jonathan Martin / Jonathan Martin's Blogs:
Obama sought rape victim for ad  —  Barack Obama's campaign earlier this month sought to find a rape victim to appear in a campaign commercial, according to an e-mail obtained by Politico.  —  Kiersten Steward, director of public policy at the Family Violence Prevention Fund …
Discussion: Townhall.com, Lonewacko and Hog On Ice
Nate Silver / FiveThirtyEight.com:
Swing District Congressmen Doomed Bailout  —  This was predictable, I suppose, but it's remarkable to see how strong a relationship there is between today's failed vote on the bailout and the competitive nature of different House races.  —  Among 38 incumbent congressmen in races rated as …
Tom Jensen / Public Policy Polling:
Obama takes the lead in North Carolina  —  Barack Obama 47  —  John McCain 45  —  Bob Barr 3  —  With concern about the economy continuing to mount, Barack Obama has taken the lead for the first time in a PPP poll of North Carolina.  —  Over the last year there's been a strong relationship between …
RELATED:
Tim Shipman / Telegraph:
US elections: Barack Obama's team believes he can win by a landslide
William Kristol / Weekly Standard:
McCain's Moment  —  No one wants to take ownership of the task of rescuing the economy right now.  The Bush-Paulson plan has failed.  The administration, House Democrats, and House Republicans (above all) have all proved unable to deliver.  But there is someone who might be able to save the economy …
Stanley Kurtz / New York Post:
O'S DANGEROUS PALS  —  BARACK'S ‘ORGANIZER’ BUDS PUSHED FOR BAD MORTGAGES  —  WHAT exactly does a “community organizer” do?  Barack Obama's rise has left many Americans asking themselves that question.  Here's a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit.
Gallup:
Gallup Daily: Obama Maintains 8-Point Lead  —  Registered voters prefer Obama to McCain, 50% to 42%  —  PRINCETON, NJ — The latest Gallup Poll Daily tracking update, based on Sept. 26-28 polling, shows Barack Obama with a 50% to 42% lead over John McCain, unchanged from the prior report.
 
 
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 More Items: 
Amb. Richard C. Holbrooke / The Huffington Post:
Calm, Methodical Obama vs. Angry, Ungracious McCain
Discussion: Swampland
Rasmussen Reports:
Opposition to Bailout Plan Falls Dramatically
Discussion: Eunomia
Ross Douthat:
Three Scenarios  —  The best case: This is an example …
Discussion: The American Scene
Chris Cillizza / Washington Post:
Freedom's Watch Starts Spending
Discussion: Right Wing Watch
Michelle Malkin:
Breaking: It's official. …
Josh Marshall / Talking Points Memo:
COMIC RELIEF  —  Minority Leader Boehner (R-OH) says it's …
 Earlier Items: 
Ethan Bronner / New York Times:
Olmert Says Israel Should Pull Out of West Bank
Discussion: MoJoBlog
Brad Flora / The Windy Citizen Full Feed:
Chicago dive bar scores hit with nude Sarah Palin portrait
Discussion: Wake up America, Gawker and QandO
David Kurtz / Talking Points Memo:
MCCAIN CAMP TO IFILL: GO EASY ON PALIN
Discussion: Harry's Place
 

 
From Mediagazer:

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Shawn Musgrave / The Intercept:
A federal court allows a claim by The Intercept that DMCA prevents OpenAI from stripping a story's title or byline but throws out its claims against Microsoft

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

 
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