Top Items:
David Brooks / New York Times:
Revolt of the Nihilists — In 1933, Franklin Roosevelt inherited an economic crisis. He understood that his first job was to restore confidence, to give people a sense that somebody was in charge, that something was going to be done. — This generation of political leaders is confronting …
Discussion:
Matthew Yglesias, Salon, American Spectator, Townhall.com, The Daily Whim, Hullabaloo, MoJoBlog, Blue Crab Boulevard, Swampland, The Anonymous Liberal, Jon Swift, Jules Crittenden, BuzzMachine, The Hill's Blog Briefing Room, EconLog, Corrente, Scripting News, Grasping Reality …, Marginal Revolution, Kevin Drum, marbury, The Other McCain, American Power, rubber hose and Eunomia
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Nitya / Political Punch:
And What About Those 95 Democrats? — Yes, House Republicans didn't deliver many votes and 66% of them voted against the bill. — But considering that only a dozen votes needed to switch in order to provide a different outcome, and 95 Democrats in the House voted against it …
Wall Street Journal:
The Beltway Crash — Congress lives up to its 10% approval rating. — America has survived a feckless political class in the past, and it will again after this week. But Monday's crash and burn of the Paulson plan on Capitol Hill reveals a Washington elite that has earned every bit of the disdain that Americans have for it.
Discussion:
Washington Monthly
Kevin Drum / Mother Jones:Notes on the Bailout
Discussion:
Matthew Yglesias, Grasping Reality …, Washington Monthly, Angry Bear and Left in the West
The Politico:Boehner's gamble: Could it cost him his job?
Discussion:
The Reaction, New York Times, Prairie Weather, The Strata-Sphere, Mish's Global Economic … and The Next Right
Daniel W. Reilly / The Crypt's Blogs:Shadegg: GOP leaders made “stupid claim” by blaming Pelosi speech
Ben Smith / Ben Smith's Blogs:
RNC ad, was cut, sent out before package failed — The Republican National Committee's new advertisement critical of the the Wall Street “bailout” was produced and sent to television stations in key states before the package failed, officials at two stations said. — “Wall Street Squanders our money.
Discussion:
Newshoggers.com, AMERICAblog News, The New Republic, Balloon Juice, Reason, Emptywheel and Wonkette
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Ben Smith / Ben Smith's Blogs:
RNC: ‘Worse’ — The Republican Party's independent expenditure arm is up with an ad that hints at opposing the bailout, and links Obama's spending plans, in a vague but ominous way, to it. — The ad was expected to air in Indiana and Virginia, along with more traditional battlegrounds of Pennsylvania, Ohio, Michigan, and Wisconsin.
Roger Simon / The Politico:
Biden's strategy: Go easy on Palin — If Sarah Palin goofs, flounders, stumbles or blunders during her debate against Joe Biden on Thursday night, Biden is going to let it slide. — “If she makes a gaffe, he underplays it,” one of the people prepping Biden for his vice presidential debate told me.
Discussion:
The Moderate Voice, Washington Post, Comments from Left Field, The Caucus, Hot Air, TIME.com, MSNBC and JammieWearingFool
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Blake Hounshell / FP Passport:
Why more briefings won't help Sarah Palin — Adam Nagourney has a good story in the New York Times about growing Republican fears that Sarah Palin, the GOP's vice presidential nominee, is going to crash and burn in Thursday's debate with Democrat Joe Biden.
New York Sun:
Ideal of the Scoop — Following are excerpts of remarks by the Editor of the Sun, Seth Lipsky, to the newspaper's staff: — It is my duty to report today that Ira Stoll and I and our partners have concluded that the Sun will cease publication. Our last number will be the issue dated September 30, the first day of Rosh Hashanah.
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Megan McArdle:
The politics of the bill — There is no glory to go around here. Assume, arguendo, that most people in the House believed both that the bill would be passed, and that anyone who voted for it would suffer politically, except maybe in New York. — Pelosi screwed up royally. She is the Democratic Tom DeLay.
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Amanda / Think Progress:
Media: Bush Is The ‘Picture Of A Beaten Dog’ — In the wake of yesterday's congressional meltdown over the bailout bill, President Bush gave a speech this morning, meant to reassure the public and the volatile financial markets. Just four minutes long, the address expressed disappointment …
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David Kurtz / Talking Points Memo:
IF AT FIRST YOU DON'T SUCCEED, SUSPEND AGAIN! — John McCain made the morning show rounds today. On Fox they were virtually begging him to “suspend” his campaign again in the wake of the bailout failure yesterday on the Hill. You know, since it worked out so well the first time.
Jeffrey A. Miron / CNN:
Commentary: Bankruptcy, not bailout, is the right answer — Editor's note: Jeffrey A. Miron is senior lecturer in economics at Harvard University. A Libertarian, he was one of 166 academic economists who signed a letter to congressional leaders last week opposing the government bailout plan.
Jacques Steinberg / New York Times:
With Brokaw as Elder Statesman, NBC Plans Future of ‘Meet the Press’ — WASHINGTON — Sometime between Election Day and early December, NBC News will make a final decision about who will replace Tim Russert and his interim successor, Tom Brokaw, at the helm of “Meet the Press,” Steve Capus …
Dana Milbank / Washington Post:
A House Divided Along Twisted Lines — The bailout bill was going down to defeat on the House floor yesterday, and Democratic and Republican leaders were desperately trying to twist arms and change votes when a bipartisan group of backbenchers began to heckle them.
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 …
Discussion:
Townhall.com, Hot Air, Macsmind, The Strata-Sphere, Sound Politics, Whiskey Fire, Patterico's Pontifications, TBogg, protein wisdom, Dean's World and The Anchoress
Myglesias / Matthew Yglesias:
The Paulson Crisis — One issue that I don't think has been adequately explored yet is the extent to which our current predicament is attributable to Hank Paulson's mismanagement of the situation ten days ago. After underreacting to problems at Lehman Brothers and bringing us close to brink …
Discussion:
Lawyers, Guns and Money
Taegan Goddard's Political Wire:
Diageo/Hotline: Obama Surges in Battleground States — An early look at today's Diageo/Hotline tracking poll shows Sen. Barack Obama now holds a double-digit lead in key battleground states. — Among registered voters surveyed in Colorado, Michigan, New Hampshire, New Mexico, Florida …
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