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10:50 AM ET, September 29, 2008

memeorandum

 Top Items: 
William Kristol / New York Times:
How McCain Wins  —  John McCain is on course to lose the presidential election to Barack Obama.  Can he turn it around, and surge to victory?  —  He has a chance.  But only if he overrules those of his aides who are trapped by conventional wisdom, huddled in a defensive crouch and overcome by ideological timidity.
RELATED:
Monica Langley / Wall Street Journal:
Game Plan for Palin Is Retooled Ahead of Debate  —  Top McCain Aides Oversee Preparation After Recent Flubs  —  The McCain campaign moved its top officials inside Gov. Sarah Palin's operation Sunday to prepare for what is certain to be the most important event of her vice-presidential campaign …
Discussion: American Power and TIME.com
CNN:
Palin in ‘debate camp’ until Thursday
Discussion: Political Machine and CBS News
Paul Krugman / New York Times:
The 3 A.M. Call  —  It's 3 a.m., a few months into 2009, and the phone in the White House rings.  Several big hedge funds are about to fail, says the voice on the line, and there's likely to be chaos when the market opens.  Whom do you trust to take that call?  —  I'm not being melodramatic.
RELATED:
Domenico Montanaro / MSNBC:
FIRST THOUGHTS: A SHIFT TOWARD OBAMA  —  From Chuck Todd, Mark Murray, Domenico Montanaro, and Carrie Dann  —  *** A shift towards Obama: As the slew of recent national and state polls suggest, our new map reflects a shift in Obama's direction.  Four new states have been added to our Toss-up category …
Tim Shipman / Telegraph:
US elections: Barack Obama's team believes he can win by a landslide  —  Barack Obama's senior aides believe he is on course for a landslide election victory over John McCain and will comfortably exceed most current predictions in the race for the White House.
Discussion: Townhall.com
RELATED:
The Politico:   GOP leaders on board; will others join?
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.
Jonathan Martin / Jonathan Martin's Blogs:
Mitt joins “Free Sarah” chorus  —  The new post-Couric spin/CW among Palin sympathizers is that the protective shield around the Alaska governor has hurt more than helped and that she should have initially done more than just a handful of highly-anticipated network sit-downs.
RELATED:
Jeremy P. Jacobs / Politicker MA:   Romney: McCain camp should have provided more access to Palin
Andrew Malcolm / Top of the Ticket:
How Democrats set Sarah Palin up to ‘win’ Thursday's VP debate
Discussion: Real Clear Politics
DealBook:
Citigroup Nears a Deal for Wachovia  —  Citigroup is near a deal for Wachovia, a move that that would concentrate power within the nation's banking industry in the hands of a few giant lenders, The New York Times's Eric Dash and Andrew Ross Sorkin reported Monday morning.
RELATED:
New York Times:
Citigroup Buys Banking Operations of Wachovia  —  Citigroup will acquire the banking operations of the Wachovia Corporation, the Federal Deposit Insurance Corporation said Monday morning, the latest bank to fall victim to the distressed mortgage market.  —  Citigroup will pay $1 a share …
Discussion: Economix and TIME.com
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.
RELATED:
Mindy Fetterman / USA Today:
Poll on the economy: Americans gloomier, for now  —  As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word “depression.”
RELATED:
Michael Moore:
The Rich Are Staging a Coup This Morning ...a message from Michael Moore  —  Let me cut to the chase.  The biggest robbery in the history of this country is taking place as you read this.  Though no guns are being used, 300 million hostages are being taken.
Peter Slevin / Washington Post:
33 Pastors Flout Tax Law With Political Sermons  —  Defying a federal law that prohibits U.S. clergy from endorsing political candidates from the pulpit, an evangelical Christian minister told his congregation Sunday that voting for Sen. Barack Obama would be evidence of “severe moral schizophrenia.”
Austin Fenner / New York Post:
DOCS DETAIL BARACK TIES TO RADICAL  —  CHICAGO - While Barack Obama has long downplayed his connection to Bill Ayers, a co-founder of the violent Weather Underground radical group, new documents show the two worked much more closely together in starting an educational foundation than has been previously known.
Wall Street Journal:
Lehman's Demise Triggered Cash Crunch Around Globe  —  Decision to Let Firm Fail Marked a Turning Point in Crisis  —  By CARRICK MOLLENKAMP and MARK WHITEHOUSE in London, JON HILSENRATH in Washington and IANTHE JEANNE DUGAN in New York  —  Two weeks ago, Wall Street titans and the government's …
Edward Wong / New York Times:
Doubt Arises in Account of an Attack in China  —  A foreign tourist took photographs of an attack on paramilitary officers in Kashgar, China.  One of the photographs showed uniformed men wielding machetes and attacking other uniformed men.  Chinese officials, however, have said that two Uighur men used machetes in the attack.
 
 
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 More Items: 
CNNMoney.com:
Buffett warns Congress
Discussion: EconLog and American Street
Christopher Hitchens / Slate:
BOTH CANDIDATES KOWTOWED TO THE DISGRACEFUL KISSINGER. …
Tim Paradis / Associated Press:
Stocks remain down after central banks' injections
Stanley Fish / New York Times:
George Bush: The Comeback Kid
Discussion: Althouse
CNN:
FAREED ZAKARIA GPS
Discussion: Matthew Yglesias and James Fallows
Wolfgang Münchau / Financial Times:
Paulson's problem presents lessons for us all
 Earlier Items: 
Lewis Page / The Register:
Elon Musk's Falcon 1 launches successfully
Nouriel Roubini / Nouriel Roubini's Global …:
Is Purchasing $700 billion of Toxic Assets the Best Way to …
Discussion: Guardian and naked capitalism
 

 
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

Liz Pelly / Harper's:
How Spotify used its Perfect Fit Content program to rig its system against musicians, filling popular playlists with “ghost artists” to cut its royalty payouts

 
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