Top Items:
Paul Krugman:
OK, we are a banana republic — House votes no. Rex Nutting has the best line: House to Wall Street: Drop Dead. He also correctly places the blame and/or credit with House Republicans. For reasons I've already explained, I don't think the Dem leadership was in a position to craft a bill …
Discussion:
New York Times, Firedoglake, MarketWatch, Corrente, Raising Kaine, Open Left, Deal Journal and The Democratic Daily
RELATED:
Jennifer Parker / Political Radar:
Stephanopoulos: What's Next? Congress Mulls Four Options — ABC News' George Stephanopoulos reports: There are meetings going on right now on Capitol Hill to try to figure out what to do about the $700 billion Wall Street bailout bill that failed to pass the House today.
Paul Krugman:
Bailout questions answered — I'm being asked two big questions about this thing: (1) Was it really necessary? (2) Shouldn't Dems have tossed the whole Paulson approach out the window and done something completely different? — On (1), the answer is yes.
David Kurtz / Talking Points Memo:
THAT MEAN, NASTY NANCY PELOSI — Here's the Pelosi floor speech that Republicans claim so enraged them that they decided to change their votes on the bailout: — And here is the Republican House leadership laying all the blame at Pelosi's feet:
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 …
Michelle Malkin:
Nancy Pelosi's bailout attack speech on the House floor; Update …
Nancy Pelosi's bailout attack speech on the House floor; Update …
Discussion:
Fox News, Hot Air, Gateway Pundit, Scared Monkeys, Stop The ACLU, Riehl World View and Wake up America
New York Times:
House Rejects Bailout Package, 228-205; Stocks Plunge
House Rejects Bailout Package, 228-205; Stocks Plunge
Discussion:
TalkLeft, Swampland, AMERICAblog News, The Huffington Post, Newshoggers.com, alicublog, NewsBusters.org, the talking dog, Michael Moore, CNNMoney.com, The Reaction, The Caucus, Emptywheel, Guardian, Kevin Drum, Atlantic Free Press, The Moderate Voice, Gawker, LAist, About.com US Liberal Politics, Undiplomatic, Below The Beltway, Neptunus Lex, Economix, Capital Gains and Games blogs, ECHIDNE OF THE SNAKES, Washington Post, Colorado Independent, marbury, Washington Monthly, The Impolitic and About.com US Politics
SilentPatriot / Crooks and Liars:
Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings
Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings
Discussion:
Politics Blog
Ezra Klein / American Prospect:
A FAILURE OF POLITICS. — The final vote was 205 in favor, 228 against.
A FAILURE OF POLITICS. — The final vote was 205 in favor, 228 against.
Discussion:
Townhall.com, The Hill's Blog Briefing Room, The Corner, BloggingStocks, Outside The Beltway and Eunomia
Glenn Greenwald / Salon:
Bailout follows the 10 normal principles for how our government functions
Bailout follows the 10 normal principles for how our government functions
Discussion:
naked capitalism, The New Republic, CNN, Guardian, Daily Kos, Preemptive Karma, Taylor Marsh and TheZoo
Marc Ambinder: A Failure To Communicate (What We Have Here) — John McCain has a fundamental problem.
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 …
Discussion:
Salon, Obsidian Wings, Top of the Ticket, Matthew Yglesias, Comments from Left Field and Taylor Marsh
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Jonathan Martin / Jonathan Martin's Blogs:
In reintroduction, Palin to do more interviews and “tell her story” — Tacitly acknowledging criticism that she's been diminished in part by an overly protective media shield, Sarah Palin will take a more forward-leaning approach and do additional interviews in the weeks ahead, a top aide said today.
Discussion:
Ta-Nehisi Coates, TBogg, Fighting Liberals, The Raw Story, CNN, Campaign Silo and Hot Air
CBS News:
Exclusive: McCain, Palin Answer Critics — Katie Couric Asks Palin If She Contradicted McCain On Pakistan And Her Response To GOP Criticism … Katie Couric: Over the weekend, Gov. Palin, you said the U.S. should absolutely launch cross-border attacks from Afghanistan into Pakistan to …
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.
David Kurtz / Talking Points Memo:
FRED AND GINGER THEY AIN'T — John and Sarah take on Katie Couric ... together:
FRED AND GINGER THEY AIN'T — John and Sarah take on Katie Couric ... together:
Discussion:
AMERICAblog News
Mark Silva / The Swamp:
Palin, Couric, ‘gotcha journals,’ cowboys
Palin, Couric, ‘gotcha journals,’ cowboys
Discussion:
Jonathan Martin's Blogs
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 …
Discussion:
Think Progress, Boston Globe, Oliver Willis, Comedy Central, Hullabaloo, Daily Kos, Spin Cycle and TPM Election Central
RELATED:
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 …
Charles Babington / Associated Press:
Analysis: House vote against bailout wounds McCain — WASHINGTON - The house always wins, gamblers are warned, and the U.S. House made John McCain pay Monday for his politically risky, high-profile involvement in a financial rescue plan that came crashing down, mainly at the hands of his fellow Republicans.
Rasmussen Reports:
FOX/Rasmussen Swing State Polling - September 28, 2008 — Overview — Polling this week in Colorado, Florida, Ohio, Pennsylvania, and Virginia shows that Barack Obama has gained a net 3 to 5 percentage points in each state compared to the previous Fox News/ Rasmussen Reports poll.
Discussion:
American Power
RELATED:
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 …
RELATED:
Nate Silver / FiveThirtyEight.com:
More Bailout Thoughts — WARNING: This stuff is a little bit above …
More Bailout Thoughts — WARNING: This stuff is a little bit above …
Discussion:
The Daily Dish
Bloomberg:
Fed Pumps Further $630 Billion Into Financial System — Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.