The Wright Stuff  —  I spoke on the phone Sunday with Sarah Palin, who was in Long Beach, Calif., preparing to take off on her next campaign trip.  It was the first time I'd talked with her since I met her in far more relaxed circumstances in Alaska over a year ago.

McCain Plans Federal Health Cuts  —  Medicare, Medicaid Spending Would Be Reduced to Offset Proposed Tax Credit  —  John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts …

Engaging on Keating  —  I'd always thought McCain's great strength in defending the Keating affair was that he'd acknolwedged making a huge mistake, and spent his career repenting by recasting himself as a reformer.  —  So when his campaign puts his lawyer on the line with reporters to contest …

McCain blasts Obama, Democrats for Fannie Mae meltdown  —  We asked John McCain to take off the gloves — and he listened.  In remarks McCain will deliver today, he blasts Democrats, including Barack Obama, for their market manipulations and defense of Fannie Mae against regulator warnings.

U.S. Treasury's Kashkari to Lead Bank Bailout Office  —  Oct. 6 (Bloomberg) — The U.S. Treasury will name Neel Kashkari, assistant secretary at the department, to run the $700 billion Wall Street rescue program on an interim basis, according to a Treasury official.

Not Everyone Should Own a Home  —  Even without Fan and Fred, American mortgage rules are unusually lax.  —  Maybe only a friendly foreigner could say this.  But America needs to realize that not everyone can own a home.  The American Dream of home ownership for all is a fraud.

Gallup Daily: Obama Leads 50% to 42%  —  Obama remains statistically ahead for tenth straight day  —  PRINCETON, NJ — Barack Obama leads John McCain among registered voters across the country by a 50% to 42% margin in Gallup Poll Daily tracking from Oct. 3-5, the tenth straight day in which Obama …

COINCIDENCE?  —  Question from a reader:  —  Does the selloff on Wall Street have anything to do with the increasing likelihood that Obama will be our next president?  —  Note that the two trends — the financial meltdown, despite passage of the bailout, and the solidification of Obama's lead — are coinciding.

Embarracuda  —  I'm of two minds about how to deal with the McCain campaign's further descent into ugliness.  Their strategy is simple: you throw crap against a wall and then giggle as the media try to analyze the putresence in a way that conveys a sense of balance: “Well, it is bull-pucky …

Congress hears Lehman sought millions for execs  —  WASHINGTON - Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday.  —  As well, executives who feared …

Biden's Fantasy World  —  Sarah Palin may not know as much about the world, but at least most of what she knows is true.  —  In the popular media wisdom, Sarah Palin is the neophyte who knows nothing about foreign policy while Joe Biden is the savvy diplomatic pro.