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:
Salon, Townhall.com, Matthew Yglesias, MoJoBlog, Hullabaloo, Blue Crab Boulevard, EconLog, Jon Swift, Jules Crittenden, BuzzMachine, The Hill's Blog Briefing Room, Corrente, Scripting News, Marginal Revolution, Kevin Drum, marbury, The Crypt's Blogs, Eunomia, The Other McCain, American Power, rubber hose, The RBC and Washington Wire
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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 …
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.
Discussion:
Power Line, Weekly Standard, Matthew Yglesias, The Next Right, The Other McCain, Ed Driscoll.com, The Anchoress and The Corner
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
New York Times:
With Deal's Collapse, the McCain Camp Attacks — WEST DES MOINES, Iowa — Besides stockholders whose portfolios were ravaged Monday afternoon, the one person with the most riding on the bailout bill that collapsed in Congress may have been Senator John McCain.
Jackie Calmes / New York Times:
In Bailout Vote, a Leadership Breakdown — WASHINGTON — The collapse of the proposed rescue plan for the teetering financial system was the product of a larger failure — of political leadership in Washington — at a moment when the world was looking to the United States to contain the cascading economic crisis.
Discussion:
The Swamp, Reason, Wall Street Journal, Daily Kos, The Marathon Blog, NewsBusters.org, MSNBC, Real Clear Politics and The Anonymous Liberal
Kevin Drum / Mother Jones:Notes on the Bailout
Discussion:
Matthew Yglesias, Washington Monthly, Grasping Reality …, Angry Bear, Left in the West, Gawker and Outside The Beltway
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.
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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, The Swamp, The Caucus, Hot Air, TIME.com and JammieWearingFool
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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 …
Anne / Nielsen Wire:
52.4 Million Watched McCain And Obama's First Debate — According to data from across 11 networks, the first presidential debate on September 26 between John McCain and Barack Obama drew 52.4 million viewers. — The TV audience for the first presidential debate of the 2008 election …
Discussion:
Washington Wire, The Caucus, GOVGAP, Taegan Goddard's …, Boston Globe and Top of the Ticket
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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.
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 …
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 …
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.
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.
Marc Ambinder:
New AFL-CIO Mailer On Health Care — Here's the latest mail piece from the AFL-CIO. It hits Sen. McCain on health care, and it'll be sent to more than a million union members across seven states, according to an AFL-CIO spokesperson.
Discussion:
Ben Smith's Blogs
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.
Bob Herbert / New York Times:
When Madmen Reign — Madness. — I'm not holding my breath, but I would like to see the self-proclaimed conservative, small government, anti-regulation, free-market zealots step up and take responsibility for wrecking the American economy and bringing about the worst financial crisis since the Depression.
Jenny Lee-Adrian / Poughkeepsie Journal:
Errant e-mail costs GOP chief post — Dutchess County Republican Committee Chairwoman Corinne Weber has resigned over a chain e-mail she forwarded to party members, some of whom were offended by its content. — Weber forwarded an e-mail to more than two dozen Republicans on Friday night …
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