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7:10 AM ET, September 29, 2008

memeorandum

 Top Items: 
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:
David Rogers / The Politico:
Bailout bill day of reckoning  —  Treasury's $700 billion rescue plan for the financial markets goes to the House floor Monday, backed by the two major presidential candidates but facing resistance still on the right and left.  —  Coming just weeks before the November elections …
Kevin Bogardus / The Hill:
Kucinich says not enough votes for bailout  —  A prominent liberal Democratic lawmaker said Sunday there are not enough votes to pass the bailout package as it stands now.  —  “I will tell you right now I don't know if they have votes,” said Rep. Dennis Kucinich (D-Ohio).
Jaketapper / Political Punch:
Key House GOP Opponent of Bailout Bill Changes Tune: “It Sucks” But New Version Must Pass, He Argues  —  House Republicans are talking about the new bill right now behind closed doors.  —  I'm told by someone in the room that Rep. Paul Ryan, R-Wisc., ranking Republican on the House Budget Committee …
Discussion: TalkLeft
Ann Althouse / Althouse:
Tom Brokaw's bizarre idea of what fairness required.  —  Steve Schmidt and David Axelrod were on “Meet the Press” this morning, and they spewed talking points and evaded the questions asked by Tom Brokaw.  Here's the best example of that: … Translation: The Wall Street Journal is absolutely right!
Discussion: Sadly, No! and MSNBC
RELATED:
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.
Dinesh Ramde / Associated Press:
Soldier's mother “ecstatic” about Obama's bracelet  —  MILWAUKEE - The mother of a Wisconsin soldier who died in Iraq says she was “ecstatic” during Friday's debate when Senator Barack Obama mentioned the bracelet she gave him in honor of her son.  —  Tracy Jopek of Merrill told …
RELATED:
Peter Orszag / Director's Blog:
Emergency Economic Stabilization Act of 2008  —  CBO has just issued its analysis of the Emergency Economic Stabilization Act of 2008, as released tonight by the House Committee on Financial Services.  Among other provisions, the legislation would create a Troubled Assets Relief Program (TARP).
RELATED:
Paul Krugman:
The world according to TARP
Discussion: Booman Tribune
Brett J. Blackledge / Associated Press:
AP Investigation: Palin got zoning aid, gifts  —  WASILLA, Alaska (AP) — Though Sarah Palin depicts herself as a pit bull fighting good-old-boy politics, in her years as mayor she and her friends received special benefits more typical of small-town politics as usual, an Associated Press investigation shows.
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:
Jeff Jacoby / Boston Globe:
Frank's fingerprints are all over the financial fiasco
Discussion: Clayton Cramer's BLOG
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.
Paul Krugman:
TARP draft  —  So there's a draft version of the bailout out there.  Pretty much as expected.  Section 113, MINIMIZATION OF LONG-TERM COSTS AND MAXIMIZATION OF BENEFITS FOR TAXPAYERS, is where the rubber meets the road — it's where the plan says something about how the deals will be done.
Discussion: Corrente
RELATED:
Joe Hallett / The Columbus Dispatch:
McCain tells ‘Dispatch’ that bailout is emergency measure ‘to stop bleeding’  —  Republican nominee says Paulson, Bernanke convinced him plan needed  —  Along with Sen. Barack Obama, Sen. John McCain has embraced a $700 billion bailout of the nation's troubled financial industry.
Noam N. Levey / Los Angeles Times:
Obama slightly widens lead after debate, poll finds  —  Registered voters who watched the first presidential debate preferred Obama over McCain, 49% to 44%, a Los Angeles Times/Bloomberg survey shows.  —  WASHINGTON — The much-anticipated first presidential debate between John …
Discussion: MyDD, Brendan Nyhan and Liberal Values
Jeanne Sahadi / CNNMoney.com:
Rescue bill unveiled  —  Lawmakers release plan to enact historic bailout of nation's financial system.  —  NEW YORK (CNNMoney.com) — The federal government would put up as much as $700 billion in a far-reaching plan to rescue the nation's troubled financial system, according to a bill unveiled by lawmakers on Sunday.
Stephen Braun / Los Angeles Times:
Palin treads carefully between fundamentalist beliefs and public policy  —  Her faith views are strong and sometimes controversial.  Her aides say she seeks to share but not impose her faith; her critics say she has ‘a fine-tuned sense of how far to push.’  —  ANCHORAGE — Soon after Sarah Palin …
Stuart Watson / The Charlotte Observer:
Mayor ‘just curious’ if Obama is antichrist  —  FORT MILL, S.C. — Fort Mill Mayor Danny Funderburk says he was “just curious” when he forwarded a chain e-mail suggesting Democratic Presidential Candidate Barack Obama is the biblical antichrist.  “I was just curious if there was any validity to it …
Discussion: Think Progress
Nouriel Roubini / Nouriel Roubini's Global …:
Is Purchasing $700 billion of Toxic Assets the Best Way to Recapitalize the Financial System?  No!  It is Rather a Disgrace and Rip-Off Benefitting only the Shareholders and Unsecured Creditors of Banks  —  Delicious Digg Facebook reddit Technorati  —  Nouriel Roubini
Discussion: naked capitalism and Corrente
Nate Silver / FiveThirtyEight.com:
Today's Polls, 9/28  —  Here's the long and short of it for John McCain: Barack Obama has as large a lead in the election as he's held all year.  But there is much less time left on the clock than there was during other Obama periods of strength, such as in February, mid-June or immediately following the Democratic convention.
 
 
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 More Items: 
Kyle Hopkins / Anchorage Daily News:
Anti-Palin rally calls for Colberg removal
Discussion: TheZoo and The Impolitic
Chicago Tribune:
Possible change of heart
Discussion: Macsmind and Hot Air
John Bingham / Telegraph:
Radical Islamic clerics warn of further attacks after publisher is firebombed
Discussion: Reason
Los Angeles Times:
A conversation with Zbigniew Brzezinski and Brent Scowcroft
Discussion: The Huffington Post
Steve Lohr / New York Times:
Opening Step on Long Road
Discussion: Kevin Drum
David Zaring / Conglomerate:
The Bailout Compromise  —  As Eric Posner says, a quick skim offers few surprises:
 Earlier Items: 
Bob Owens / Pajamas Media:
The Ayers-Weatherman Terrorist Attack as It Might Have Happened
Discussion: Macsmind and The Jawa Report
Carrie Johnson / Washington Post:
No Grand Jury for Gonzales
Gateway Pundit:
Obama Goon Squad Shuts Down Macsmind Blog
Discussion: Jules Crittenden
Andrew Donaldson / The Times:
Pirates die strangely after taking Iranian ship
Byron York / The Corner:
Palin Will Spend More Time With Couric, Cont'd
Discussion: Townhall.com
 

 
From Mediagazer:

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Guthrie Scrimgeour / Wired:
Hawaii's The Garden Island stops using AI-generated newscasters on YouTube, Facebook, and Instagram after two months, likely due to the negative public response

Evan Drellich / New York Times:
The MLB is planning national packages for streaming companies to bid on in 2028, when its national TV deals with ESPN, Fox, and Turner expire

 
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