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11:10 PM ET, September 21, 2008

memeorandum

 Top Items: 
Matt Stoller / Open Left:
Yes, There Are Deeply Angry Democratic Members of Congress  —  This email is from a lawmaker and it should give you a flavor for what's going on right now in Congress.
RELATED:
Frank James / The Swamp:
Obama: No blank check for Wall St  —  CHARLOTTE, N.C. - In his first comments about a $700 billion government bailout package meant to help stabilize Wall Street, Sen. Barack Obama on Sunday stopped short of saying whether he supports the proposal, as he laid out some broad economic goals he believes such a plan should include.
New York Times:
Bipartisan Support for Wall St. Rescue Plan Emerges  —  WASHINGTON — Bipartisan support appeared to be emerging Sunday among American lawmakers to give quick approval to a vast bailout of financial institutions.  —  But senior lawmakers put forward some of their own ideas for rescuing …
Newt Gingrich / The Corner:
Before D.C. Gets Our Money, It Owes Us Some Answers  —  Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening.  —  We are being told Treasury Secretary Henry Paulson has a plan which will shift $700 billion in obligations from private companies to the taxpayer.
Mark Silva / The Swamp:
Obama, McCain: Cautious in econ-crisis
Discussion: Ben Smith's Blogs
Mark Halperin / TIME.com:
Pelosi Statement on Legislation to Address Crisis in Financial Markets
Discussion: Firedoglake and The Moderate Voice
Mike Allen / The Politico:   Obama calls bailout a ‘blank check’
Cernig / Newshoggers.com:
A Letter To Congress  —  Sean Paul Kelly at the Agonist …
Discussion: The Agonist and The Impolitic
Bill Cotterell / News Press:
Palin draws crowd of 60,000 in The Villages  —  THE VILLAGES — Republican vice presidential nominee Sarah Palin told wildly cheering, flag-waving, chanting supporters that John McCain is “the only great man in this race” and promised Sunday he will fix the nation's economy if voters give the GOP four more years in the White House.
RELATED:
Jonathan Martin / Jonathan Martin's Blogs:
Palin draws largest crowd yet for GOP  —  Sarah Palin tonight attracted the largest crowd yet to any Republican campaign event this cycle, drawing tens of thousands of Floridians out in a conservative-leaning retirement community north of Orlando for a solo rally.
Discussion: Gateway Pundit
Dotcomabc / Political Radar:
Palin Says Obama Voting ‘Present’ on the Economy  —  ABC's Imtiyaz Delawala Reporting: At a rally in Lady Lake, Fla., today Gov. Sarah Palin accused Sen. Barack Obama of not aggressively promoting a plan to address the current crisis on Wall Street and compared the situation to his many “present” votes in the Illinois state legislature.
Discussion: TIME.com
NY Daily News:
Mac and I had tropical heat in Rio, says ex  —  BY HAROLD EMERT IN RIO DE JANEIRO AND PATRICK SULLIVAN IN NEW YORK  —  While John McCain attended his 50th Naval Academy reunion Saturday, a Brazilian beauty fondly recalled the affair she had with the young “good kissing” midshipman she met a half a century ago.
Discussion: TBogg
Yuval Levin / The Corner:
The Bailout  —  Everyone should read the actual text of the proposed bailout plan the administration is sending to Congress.  It's clearly not a final version (the part about only purchasing from financial institutions headquartered in the US has already been changed, as Kathryn notes below) …
New York Times:
Foreign Banks Hope Bailout Will Be Global  —  PARIS — The financial crisis that began in the United States spread to many corners of the globe.  Now, the American bailout looks as if it is going global, too, a move that could raise its cost and intensify scrutiny by Congress and critics.
Discussion: Talking Points Memo
RELATED:
Gallup:
Gallup Daily: Obama Leading McCain by 4 Points  —  Voter preferences similar to Saturday, when Obama led by 6 points  —  PRINCETON, NJ — Barack Obama continues to lead John McCain in national voter preferences for the presidential election, now by a four percentage point margin, 49% to 45%
Discussion: MyDD
Ali / Think Progress:
Bush's Legacy Of Squandering Taxpayer Money  —  Yesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions.  Demanding enormous faith in his administration's stewardship, the plan “would place no restrictions on the administration …
Discussion: Open Left and Balkinization
RELATED:
Myglesias / Matthew Yglesias:
The Record  —  Ali Frick rounds up the record of Bush …
Discussion: Economists for Obama
Myglesias / Matthew Yglesias:
Hurry!  Hurry!  —  Bush and Paulson say congress needs to rush and give them a blank check — no time to think about it, change anything, or scrutinize anything.  —  It seems strange to me that they didn't bolster their rhetoric by providing congressional leaders with a list of all the times congress …
RELATED:
Associated Press:
Paulson urges quick action on $700 billion bailout
Discussion: AMERICAblog News
Jonathan Martin / Jonathan Martin's Blogs:
McCain strikes bipartisan notes in 60 Minutes interview  —  Trying to burnish his bipartisan credentials at a time when his party and its president are held in low favor, John McCain used a high-profile interview Sunday night to float a well-known Democratic name to take over the Securities …
Discussion: Donklephant
 
 
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 More Items: 
Phyllis Schlafly / San Francisco Chronicle:
Feminists against Palin - shame on you
CNN:
Obama, McCain debate prep underway
Discussion: The Moderate Voice
Stephen F. Hayes / Weekly Standard:
Democrats and Double Standards
CNN:
Interview With Obama, McCain Economic Advisers; Interview With Ron Paul
Discussion: Top of the Ticket
 Earlier Items: 
CNN:
Will candidates' financial plans work?
Mark Naymik / OPENERS:
Ohio Newspaper Poll shows John McCain with slight lead over Barack Obama
Discussion: The New Republic and TIME.com
 

 
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