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11:20 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
Jennifer Rubin / Commentary:   The Final Sprint  —  Bill Kristol is right, certainly …
Patrick O'Connor / The Crypt's Blogs:
Boehner calls bill a “crap sandwich” — but he'll vote for it  —  In a closed-door session with House Republicans, Minority Leader John A. Boehner just called the financial rescue deal a “crap sandwich” - then said he'll vote for it when it comes to the floor Monday.
RELATED:
Washington Post:
House Opens Debate on Bailout Legislation
CNNMoney.com:
Buffett warns Congress
Discussion: EconLog and American Street
The Politico:   GOP leaders on board; will others join?
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:
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 and Babalu Blog
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 …
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.
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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.
RELATED:
Austin Fenner / New York Post:
DOCS DETAIL BARACK TIES TO RADICAL
Discussion: pandagon.net
Jeremy P. Jacobs / Politicker MA:
Romney: McCain camp should have provided more access to Palin  —  Former Gov. Mitt Romney at the RNC: RNC Photo  —  Former Gov. Mitt Romney said Monday that the McCain campaign's reluctance to make vice presidential nominee Sarah Palin available to the press has been a strategic error.
RELATED:
Jonathan Martin / Jonathan Martin's Blogs:   Mitt joins “Free Sarah” chorus
Andrew Malcolm / Top of the Ticket:
How Democrats set Sarah Palin up to ‘win’ Thursday's VP debate
Discussion: Real Clear Politics
New York Times:
Citigroup and Wells Fargo Said to Be Bidding for Wachovia  —  Federal regulators on Sunday night were pressing for the sale of yet another troubled bank — this time, the Wachovia Corporation — in a move that would concentrate power within the nation's banking industry in the hands of a few giant lenders.
RELATED:
New York Times:
Citigroup Buys Banking Operations of Wachovia
Discussion: Economix and TIME.com
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.
Eugene Volokh / The Volokh Conspiracy:
A BIT MORE ON THE OBAMA “TRUTH SQUAD” IN MISSOURI:  —  (1) Commenter John_R points to a statement from one of the prosecutors mentioned in the news story, who says that “As a citizen, I believe that elections should be about issues.  I also have enormous respect for our First Amendment and freedom of speech.
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.”
Byron York / The Corner:
The Media Strategy and Palin's Underperformance  —  A few more thoughts on Palin's underperformance so far in media interviews.  Yes, I think the McCain team has pursued a bad strategy for her, relying mostly on the broadcast networks, with an incomprehensible leaning toward the last-place network, CBS.
Discussion: Townhall.com
Dean Baker / TPMCafe:
Why Bail?  The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger  —  If you have a real story, you don't have to make up phony stories.  That's pretty straightforward.  —  I've heard lots of phony stories.  Much of the country's political and economic leadership …
Discussion: Booman Tribune and Salon
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 …
 
 
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 More Items: 
Heidi Przybyla / Bloomberg:
Obama Keeps Advantage Over McCain in Post-Debate Poll
Discussion: TalkLeft
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
Lewis Page / The Register:
Elon Musk's Falcon 1 launches successfully
CNN:
Palin in ‘debate camp’ until Thursday
Discussion: Political Machine and CBS News
 Earlier Items: 
Peter Slevin / Washington Post:
33 Pastors Flout Tax Law With Political Sermons
Nouriel Roubini / Nouriel Roubini's Global …:
Is Purchasing $700 billion of Toxic Assets the Best Way to …
Discussion: Guardian and naked capitalism