memeorandum: How Government Stoked the Mania (Russell Roberts/Wall Street Journal)

2:50 PM ET, October 3, 2008

Top Items:

The Palin Rebound — There are some moments when members of a political movement come together as one, sharing the same thoughts, feeling the same emotions, breathing the same shallow breaths. One of those occasions occurred Thursday night when Republicans around the country crouched nervously behind …

Discussion: Washington Post, The Opinionator, The Daily Dish, Los Angeles Times, Hullabaloo, Boston Globe, Wake up America, www.redstate.com and Sadly, No!

Charles Krauthammer / Washington Post:

Hail Mary vs. Cool Barry — Krauthammer's Hail Mary Rule: You get only two per game. John McCain, unfortunately, has already thrown three. The first was his bet on the surge, a deep pass to David Petraeus who miraculously ran it all the way into the end zone.

Discussion: Matthew Yglesias, The Daily Dish, TPM Election Central, Hot Air, Donklephant and TPMCafe

CNN:

Transcript of Palin, Biden debate — WASHINGTON (CNN) — The vice presidential candidates, Democratic Sen. Joe Biden and Republican Alaska Gov. Sarah Palin, debated in St. Louis, Missouri, Thursday night. Gwen Ifill of PBS was the debate moderator. Here is a transcript of that debate:

Discussion: JohnMcCain.com, Crooks and Liars, Newshoggers.com, The Shotgun, Guardian, The Anonymous Liberal, TPM Election Central, Detroit News, Kevin Drum, culturekitchen, Neptunus Lex, AFL-CIO NOW BLOG, Booman Tribune, The Daily Dish and Pam's House Blend

FactCheck.org:

FactChecking Biden-Palin Debate — The candidates were not 100 percent accurate. To say the least. — Biden and Palin debated, and both mangled some facts. — Palin mistakenly claimed that troop levels in Iraq had returned to “pre-surge” levels. Levels are gradually coming …

Discussion: TPM Election Central, Political Machine and FP Passport

Brian Montopoli / CBS News:

CBS Poll: More Uncommitted Voters Saw Biden As Winner — UPDATED CBS News and Knowledge Networks have conducted a nationally representative poll of 473 uncommitted voters to get their immediate reaction to tonight's vice presidential debate. — After the first presidential debate …

Discussion: The Huffington Post, protein wisdom, Pollster.com, The Huffington Post, Oliver Willis, Marc Ambinder, Jack & Jill Politics, The Raw Story, Scared Monkeys and Political Machine

Gallup:

Gallup Daily: Obama Leading by 7 Points — Today marks full week of Obama leading by significant margin — PRINCETON, NJ — Gallup Poll Daily tracking from Sept. 30-Oct. 2 has Barack Obama leading John McCain by seven percentage points, 49% to 42%. — Obama has held a statistically significant lead …

Discussion: The Other McCain

Ace / minx.cc:

Biden's 14 Lies — Fresh from the McCain people. — JOE BIDEN'S 14 LIES TONIGHT — 1. TAX VOTE: Biden said McCain voted “the exact same way” as Obama to increase taxes on Americans earning just $42,000, but McCain DID NOT VOTE THAT WAY. — 2. AHMEDINIJAD MEETING …

Discussion: Gateway Pundit, Betsy's Page, Wizbang and Hot Air

ABCNEWS:

FACT CHECK: The Truth Hurt During Debate — Claims Made by Sarah Palin and Joe Biden During VP Debate Not Entirely Accurate — Stakes were high in the first and only vice presidential debate between Sarah Palin and Joe Biden as they sparred at the University of Washington in St. Louis, Mo., Thursday night.

Discussion: Think Progress, Washington Monthly and Pajamas Media

Roger Simon / The Politico:

You betcha Sarah Palin can debate — ST. LOUIS — Sarah Palin was supposed to fall off the stage at her vice presidential debate Thursday evening. Instead, she ended up dominating it. — She not only kept Joe Biden on the defensive for much of the debate, she not only repeatedly attacked Barack Obama …

Discussion: Marc Ambinder, Washington Post, Hot Air, The Swamp, New York Times, Michelle Malkin, Outside The Beltway, TPM Election Central, Midwest Voices, Weekly Standard, NewsBusters.org, Crooks and Liars, Salon, MSNBC, The Moderate Voice, Spin Cycle, The Caucus and Taylor Marsh

Frank James / The Swamp:
Biden won independents in VP debate

Discussion: FiveThirtyEight.com, Feministe and The Impolitic

Wall Street Journal:
Palin the Populist — Joe Biden was no match for “Joe Six-Pack.”

Discussion: The Huffington Post, Firedoglake, Washington Post and Guardian

Wall Street Journal:
Free Sarah Palin

Discussion: The New Republic and THE ASTUTE BLOGGERS

Daniel Larison / Eunomia:
In The House Of Her Inexperience, There Are Many Mansions

Discussion: The Daily Dish and Newshoggers.com

Tom Shales / Washington Post:
Palin Takes On A New Foe: Her Image

Discussion: New York Times, The New Republic, Los Angeles Times, The Huffington Post, Commentary, DownWithTyranny! and Top of the Ticket

New York Post:
THE VEEP DEBATE: SHE'S BACK!

Discussion: Washington Post and The Corner

Michael J. Totten / Commentary:
Joe Biden's Alternate Universe

Discussion: The Jawa Report, Power Line, The Corner, The Campaign Spot, The Huffington Post, Washington Monthly, Right Wing Nut House, Firedoglake, Climate Progress, Hot Air, www.redstate.com, Weekly Standard, The Volokh Conspiracy and The RBC

Greg Veis / The New Republic:
Palin Saves Herself; Now McCain Faces Reality

Discussion: The Opinionator and Power Line

The Campaign Spot:
The Biden Error/Lie/Hallucination List (UPDATED to 22)

Discussion: Tales from the Trail

Nashuatelegraph.com: Poll shows Obama leading in NH

Russell Roberts / Wall Street Journal:

How Government Stoked the Mania — Housing prices would never have risen so high without multiple Washington mistakes. — Many believe that wild greed and market failure led us into this sorry mess. According to that narrative, investors in search of higher yields bought novel securities …

Discussion: Center for American Progress, QandO, Commentary, Econlog and Wonk Room

Washington Post:
Lobbyist Hired by Freddie Mac to Work on McCain Is Now Senator's Aide

Discussion: Think Progress, Washington Monthly, Matthew Yglesias and TPM Election Central

Klaus Marre / The Hill:

House passes bailout on second attempt — The House has approved a massive Wall Street bailout four days after rejecting a similar measure. — The measure was approved in a 263 to 171 vote, with 172 Democrats and 91 Republicans offering support. — The House voted against a similar measure …

Discussion: Crooks and Liars and Wake up America

David M. Herszenhorn / New York Times:
House Approves Bailout on Second Try

Discussion: Washington Monthly, TalkLeft, Feministe, Slog, Wonkette, Portfolio and Gothamist

Patricia Talorico / Second Helpings:

Joe gives Delaware shout-outs: UPDATED — During the debate, Joe Biden gave several Delaware shout-outs, including Wilmington's Union Street... Maybe, I heard this wrong, or misunderstood, but I think he mentioned Katie's restaurant...... Wilmington used to have a Katie's restaurant …

Discussion: The Jawa Report and NO QUARTER

Ed Morrissey / Hot Air: You can find anything you want — except Katie's Restaurant

Los Angeles Times:

Schwarzenegger to U.S.: State may need $7-billion loan — In a letter obtained by The Times, the governor warns that tight credit has dried up funds California routinely relies on and it may have to seek emergency aid within weeks. — SACRAMENTO — California Gov. Arnold Schwarzenegger …

Discussion: Marc Ambinder, Michelle Malkin, Talking Points Memo, The Sundries Shack, Calitics, Think Progress, culturekitchen, The Foundry, Political Machine and Salon

Faiz / Think Progress:

VIDEO: Watch Sarah Palin Read Her Answers In Last Night's Debate — For Sarah Palin, last night's debate was an open-book exam. She spent much of the evening methodically reading and rehearsing answers from “carefully scripted talking points.” Palin's notes were largely hidden from plain view …

Discussion: Washington Monthly, The Politico, New York Times and Law Blog

Tv H.H. / Nielsen Wire:

45% Of Households In Top Local TV Markets Watched Palin and Biden's V.P. Debate — The combined overall household rating for Thursday night's vice presidential debate, in 55 of the 56 local television markets where Nielsen maintains electronic TV meters, was 45.0.

Discussion: Ben Smith's Blogs

Stephen Labaton / New York Times:

Agency's '04 Rule Let Banks Pile Up New Debt, and Risk — “We have a good deal of comfort about the capital cushions at these firms at the moment.” — Christopher Cox, chairman of the Securities and Exchange Commission, March 11, 2008. — As rumors swirled that Bear Stearns faced imminent collapse …

Discussion: The Swamp, Conglomerate, Salon, TPMCafe, Blog entry, QandO, Vox Popoli and Kevin Drum

Charlie Cook / National Journal Online:

A Tie Goes To The House — DEMOCRATS NOW CONTROL 27 STATES' DELEGATIONS, BUT THAT MAY NOT BE ENOUGH TO BREAK AN ELECTORAL COLLEGE DEADLOCK. — What if the Electoral College ended up tied, 269-269, prolonging this Alice-in-Wonderland campaign? That's what would happen if Barack Obama won every state …

Discussion: StephenBainbridge.com, American Spectator and Ben Smith's Blogs