Top Items:
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.
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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 …
Discussion:
Swampland, New York Times, Gateway Pundit, Crooks and Liars, Associated Press and Think Progress
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
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, Scared Monkeys, Gateway Pundit, Stop The ACLU, Riehl World View, Wake up America and Taylor Marsh
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:
The New Republic, naked capitalism, CNN, Guardian, Preemptive Karma, Taylor Marsh, The Foundry and TheZoo
Marc Ambinder:
A Failure To Communicate (What We Have Here) — John McCain has a fundamental problem.
A Failure To Communicate (What We Have Here) — John McCain has a fundamental problem.
Discussion:
The Moderate Voice
Times of London:
US banking bailout in chaos after shock House of Representatives vote
US banking bailout in chaos after shock House of Representatives vote
Discussion:
The Moderate Voice
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, Gawker, The Raw Story, CNN, Fighting Liberals, Campaign Silo, Hot Air, TIME.com and Donklephant
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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:
Obsidian Wings, Salon, Top of the Ticket, Comments from Left Field, Matthew Yglesias, Taylor Marsh, Eunomia and Politics Blog
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 …
Discussion:
CNN, Undiplomatic, unbossed.com, Political Machine, NewsBusters.org and No More Mister Nice Blog
Ben Smith / Ben Smith's Blogs:
More to come from Palin-Couric — Howie Kurtz raised some eyebrows …
More to come from Palin-Couric — Howie Kurtz raised some eyebrows …
Discussion:
TalkLeft
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 …
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Larry Kudlow / The Corner:
The End of the U.S. Financial System as We Know It? — A number of Republican House members and staff, along with others who are plugged in, are telling me that Nancy Pelosi and the Democrats will come back with a new bill that includes all the left-wing stuff that was scrubbed from the bill that was defeated today in the House.
Discussion:
Hot Air, The Hill's Blog Briefing Room, Macsmind, skippy the bush kangaroo and The Campaign Spot
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.
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.
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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 …
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 …
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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 …
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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
Glenn Reynolds / Pajamas Media:
A READER AT A MAJOR NEWSROOM EMAILS: “Off the record, every suspicion you have about MSM being in the tank for O is true. We have a team of 4 people going thru dumpsters in Alaska and 4 in arizona. Not a single one looking into Acorn, Ayers or Freddiemae. Editor refuses to publish anything …
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.
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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.
Megan McArdle:
Prisoner's dilemma — Dan Drezner has a great post: … I think Aesop described the problem rather well: … Or as Grandma used to say, “Everyone wants to go to heaven, but nobody wants to die.” 12 congressmen need to switch their votes. But whoever does will suffer mightily not merely …
Discussion:
Hot Air
Andy McCarthy / The Corner:
I respectfully dissent — I do not understand why those who've voted no should be labeled “irresponsible.” The senate evidently will not deign to take up this crisis legislation until Wednesday. Meanwhile, even if you don't reject the bill on philosophical grounds (see e.g. …
Discussion:
Power Line