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3:20 PM ET, October 6, 2008

memeorandum

 Top Items: 
William Kristol / New York Times:
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.
RELATED:
Howard Wolfson / The New Republic:
It's Over: Why Bill Ayers Won't Save John McCain  —  Perpetually fretting Democrats will not want to accept it.  The campaigns themselves can't afford to believe it.  Many journalists know it but can't say it.  And there will certainly be some twists and turns along the way.
Ed Morrissey / Hot Air:
Videos: The Ayers connection; Update: Obama doesn't read newspapers?  —  This morning, we have a series of videos dealing with the intersection of William Ayers, Bernardine Dohrn, and the Obamas.  Sarah Palin's accusation that Barack Obama “palled around with terrorists” …
Michael Crowley / The New Republic:
Lieberman: Palin Will Win “With God's Help”  —  Via CNN streaming video, I watched Sarah Palin's event in Clearwater, Florida, this morning.  She was heartily introduced there by John McCain's pal Joe Lieberman.  The former Democrat is a very strange figure these days, far from his moorings in the Democratic Party.
Thomas M. Defrank / NY Daily News:
Insults fly as Barack Obama & John McCain prepare for second debate  —  WASHINGTON — It's getting McNasty again.  —  A day after Sarah Palin accused Barack Obama of “palling around with terrorists,” Obama struck back Sunday with a tough ad painting John McCain as “erratic.”
Mark Silva / The Swamp:
Palin softens ‘terrorist’ attack on Obama
Mark Murray / MSNBC:   FIRST THOUGHTS: OBAMA AT 264  —  From Chuck Todd, Mark Murray …
Natalie Gewargis / Political Radar:
Palin Plays Fear Card on Obama
Discussion: Commentary and Political Punch
Laura Meckler / Wall Street Journal:
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 …
RELATED:
Paul Krugman / New York Times:
Health Care Destruction  —  Sarah Palin ended her debate performance last Thursday with a slightly garbled quote from Ronald Reagan about how, if we aren't vigilant, we'll end up “telling our children and our children's children” about the days when America was free.  It was a revealing choice.
Discussion: Weekly Standard, D-Day and SEIU
Jonathan Cohn / The New Republic:
McCain: I'm Not Raising Taxes.  I'm Cutting Medicare!  —  Barack Obama says John McCain would raise people's taxes by changing the way the IRS looks at health insurance.  McCain says he wouldn't.  —  Who's right?  —  Quite possibly McCain.  But only because he's decided to slash Medicare and Medicaid instead.
Josh Marshall / Talking Points Memo:
MCCAIN'S OTHER SHOE DROPS  —  Faced with health care plan numbers that didn't add up, McCain's economics advisor Douglas Holtz-Eakin has just announced that McCain will make up the difference with big cuts to Medicare.  I guess they really are writing off Florida.
Discussion: Newshoggers.com
John McCormack / Weekly Standard:   Obama Campaign Won't Say if Health Care Plan Would Cover Abortions
Ben Smith / Ben Smith's Blogs:
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 …
RELATED:
Krooney / TIME.com:
American History Lesson, Keating Edition
Alan Johnson / Editorial RSS:
Rock the early vote
Mike Allen / The Politico:
Exclusive: Obama to hit McCain on Keating Five
Mark Halperin / TIME.com:
McCain's Monday Remarks in Albuquerque  —  All: Please see excerpt from John McCain's remarks as prepared for delivery today in Albuquerque, New Mexico:  —  My opponent has invited serious questioning by announcing a few weeks ago that he would quote — “take off the gloves.”
Discussion: Reason and The Anonymous Liberal
RELATED:
Ed Morrissey / Hot Air:
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.
Erick Erickson / www.redstate.com:
This Week is the Last Week  —  At this point, the campaign …
Janet Albrechtsen / Wall Street Journal:
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.
Discussion: protein wisdom
Gallup:
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 …
Kathryn Jean Lopez / The Corner:
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.
Discussion: Whiskey Fire
Joe Klein / Swampland:
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 …
Wall Street Journal:
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.
Julie Hirschfeld Davis / Associated Press:
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 …
Discussion: Corrente
Rebecca Christie / Bloomberg:
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.
 
 
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 More Items: 
Tim Dickinson / The Huffington Post:
McCain Still Wistful for “Charlie Keating's Shangri-la”
Discussion: Reason and Campaign Silo
Victor Davis Hanson / The Corner:
One Question for Sen. Obama
Signorile / The Gist:
Evangelical Leader: Fundies Grumbling About Palin's Gay Remarks …
CNN:
CNN RELIABLE SOURCES
Discussion: Crooks and Liars
Marc Ambinder:
The McCain Comeback Plan: Taxes, Crime, Associations And Real Reform
Todd Gitlin / TPMCafe:
Hannity's Witness: “Exterminate Jew Power”
Discussion: Campaign Silo
James B. Gerber / PolitickerCA:
DeLay leery of a President McCain
 Earlier Items: 
Paul Caron / TaxProf Blog:
Tax Profs Agree: Gov. Palin's Tax Returns Are Wrong
Alan Maimon / Las Vegas Review-Journal:
Arizonans recall run-ins with McCain
Discussion: Taylor Marsh
Los Angeles Times:
Steve Schmidt: The driving force behind John McCain
Mike Murphy / Swampland:
30 Days Out...  Lots of process talk on the political tom-toms right …
3news.co.nz:
Annette Bening defends Sarah Palin
Nic Robertson / CNN:
Sources: Taliban split with al Qaeda, seek peace
Jerusalem Post:
Ex-officials misled by pro-Obama video
Discussion: Hot Air and Israel Matzav
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of copyright infringement

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees

 
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