memeorandum: California may need $7 billion federal loan (CNN)

10:50 AM ET, October 3, 2008

Top Items:

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, Pollster.com, Hot Air, Washington Monthly, Political Machine, Eunomia, TPM Election Central, Comments from Left Field, culturekitchen, Macsmind, Group News Blog, Jules Crittenden, Weekly Standard, Taylor Marsh, BitsBlog and Outside The Beltway

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: Firedoglake, Crooks and Liars, Commentary, Washington Monthly, JohnMcCain.com, Tax Foundation, The Huffington Post, Israel Matzav, Guardian, NewsBusters.org, The Democratic Daily, Pam's House Blend, TalkLeft, Michelle Malkin and Tales from the Trail

David Brooks / New York Times:

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: No More Mister Nice Blog, TPMCafe, Commentary, Eunomia, www.redstate.com and Stop The ACLU

CNN:

Poll: Biden wins debate, Palin exceeds expectations — (CNN) - A national poll of people who watched the vice presidential debate suggests that Democratic Sen. Joe Biden won but also hints that Republican Gov. Sarah Palin exceeded expectations. — The CNN/Opinion Research Corporation survey …

Discussion: UPI, Daily Kos, TalkLeft, American Power, TIME.com, DownWithTyranny!, Ben Smith's Blogs and Salon

Tom Shales / Washington Post:

Palin Takes On A New Foe: Her Image — Sarah Palin looked as though she had prepared for her appearance at the vice presidential debate last night by studying Tina Fey's impressions of her on “Saturday Night Live.” She twinkled and winked and piled on the perkiness, a “darn right” here and an “I'll betcha” there.

Discussion: Wall Street Journal, Los Angeles Times, The Huffington Post, The New Republic, Commentary, Top of the Ticket, Stop The ACLU, Greg's Opinion, Betsy's Page and Broadband Politics

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: The Swamp, TPM Election Central, Crooks and Liars, The Caucus, Salon, American Prospect, NY Daily News, The Corner, Power Line, AMERICAblog News, Toby Harnden's blog listings and Talking Points Memo

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: Real Clear Politics

New York Times:

The Vice-Presidential Debate — We cannot recall when there were lower expectations for a candidate than the ones that preceded Sarah Palin's appearance in Thursday night's vice-presidential debate with Joseph Biden. After a series of stumbling interviews that raised serious doubts …

Discussion: Washington Post, Los Angeles Times, ProgressPolitics and AMERICAblog News

Josh Marshall / Talking Points Memo:

D'OH — Watching the debate I noticed that Biden referred to the Muslim population of Bosnia and Herzegovina as “Bosniaks”. This is actually the correct term, though in English people often say simply Bosnian Muslims. When he said it, the first thing I though was, I wonder how many right-wingers …

Discussion: Media Matters for America, The Corner, The E&P Pub and The Poor Man Institute

Dan Balz / Washington Post:
Palin Delivers, But Doubts Linger

Discussion: New York Times, GretaWire, Opinions You Should Have and Guardian

Marisa Katz / Washington Post:
The VP Debate: The Strangest I've Ever Seen

Discussion: Guardian, Los Angeles Times, Midwest Voices, Washington Wire and The Huffington Post

Gateway Pundit:
Monster Rally Greets Palin Like a Super Bowl Champ After Debate!

Discussion: Pajamas Media, TigerHawk, Wizbang and Power Line

Andy McCarthy / The Corner:
Keeping Up With Biden

Discussion: www.redstate.com and GetReligion

Michelle Malkin:
SARAH ROCKS!

Discussion: The Strata-Sphere, Pajamas Media, Gateway Pundit, Crooks and Liars, THE ASTUTE BLOGGERS, TBogg, Stop The ACLU and The Other McCain

Marc Ambinder:
Other Takes: Polls Give It To Biden; Luntz Focus Group Likes Palin

Discussion: The Huffington Post, pandagon.net, Slate, Ross Douthat, Washington Post and Liberal Values

Ace / minx.cc:
Biden's 14 Lies — Fresh from the McCain people. — JOE BIDEN'S 14 LIES TONIGHT

Discussion: Fausta's Blog and Say Anything

Adam T. Yoshida / The Shotgun:
Biden's Afghan Whopper

Discussion: Trailhead

Andrew Sullivan / The Daily Dish:
Live-Blogging The Veeps

Discussion: Obsidian Wings, Crooks and Liars, Riehl World View, Marc Ambinder, Megan McArdle, Lonewacko, Althouse and At-Largely

Adam Nagourney / New York Times:
In Debate, G.O.P. Ticket Survives a Test

Discussion: Boston Globe, Washington Post, Pajamas Media and Don Surber

Joanna Weiss / Boston Globe:
Rivals shine, Palin a bit more brightly

Discussion: www.redstate.com

Nate Silver / FiveThirtyEight.com:
Post-VP Debate Thoughts

Discussion: The Opinionator, Outside The Beltway, Open Left, Daily Kos and Whiskey Fire

Patrick Healy / New York Times:
Palin and Biden Are Cordial but Pointed

Discussion: The Politico, Law Blog, MSNBC, Real Clear Politics, Guardian and Prairie Weather

The Huffington Post:
Who Won The VP Debate? Biden Scores Big

Discussion: Jack & Jill Politics, Oliver Willis, Electoral-vote.com and Hot Air

CBS News:
CBS Poll: Uncommitted Voters Say Biden Won

Discussion: Washington Post, NewsBusters.org and Democratic Strategist

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: Michelle Malkin, Marc Ambinder, Talking Points Memo, Salon, Political Machine and AMERICAblog News

CNN: California may need $7 billion federal loan

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: QandO, Commentary and Econlog

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

Discussion: Think Progress, Matthew Yglesias and TPM Election Central

David Leonhardt / Economix:

Jobs Report Underlines Economic Decline — The government is out with more bad economic news this morning: The job market began to deteriorate even before the financial crisis reached a more serious stage two weeks ago. — Employers cut 159,000 jobs in September, more than twice …

Discussion: Washington Monthly, The Washington Independent and AMERICAblog News

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 Huffington Post, Sister Toldjah, A Tiny Revolution, Democrats.com and Oliver Willis

The Politico:

GOP promises to deliver bailout vote — Four days after it failed dramatically, Treasury's $700 billion financial rescue plan was back before the House Friday morning, riding a wave of turmoil in the markets and renewed determination by leaders in both parties to see it over the top.

Greg Hitt / Wall Street Journal:
Rescue Plan's Prospects Brighten

Discussion: New York Times, MSNBC and TIME.com

Charles Krauthammer / Real Clear Politics:

Hail Mary vs. Cool Barry — WASHINGTON — 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: marbury