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9:30 PM ET, September 19, 2008

memeorandum

 Top Items: 
David M. Herszenhorn / New York Times:
Congressional Leaders Stunned by Warnings  —  WASHINGTON — It was a room full of people who rarely hold their tongues.  But as the Fed chairman, Ben S. Bernanke, laid out the potentially devastating ramifications of the financial crisis before congressional leaders on Thursday night, there was a stunned silence at first.
RELATED:
Mike Allen / The Politico:
Breaking: Paulson plan could cost $1 trillion  —  Congressional leaders said after meeting Thursday evening with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke that as much as $1 trillion could be needed to avoid an imminent meltdown of the U.S. financial system.
Frank James / The Swamp:
Economy could die, lawmakers told  —  Sen. Charles Schumer of New York appeared on the CNBC's “Power Lunch” today and described for the audience the doomsday scenario delivered by Treasury Secretary Henry Paulson and Federal Reserve Chair Ben Bernanke during their meeting last night with members of Congress.
Discussion: The Crypt's Blogs and CNBC.com
Michael Dobbs / Washington Post:
OBAMA'S FANNIE MAE ‘CONNECTION’ … AN ALREADY NASTY PRESIDENTIAL ELECTION CAMPAIGN IS GETTING NASTIER.  THE MELTDOWN ON WALL STREET HAS TOUCHED OFF FRANTIC ATTEMPTS BY BOTH THE MCCAIN AND OBAMA CAMPS TO SECURE POLITICAL ADVANTAGE AND INDULGE IN GUILT BY ASSOCIATION.
RELATED:
Karen Tumulty / Swampland:
McCain Plays the Race Card  —  When politicians interject race into a campaign, they seldom do it directly.  Consider McCain's new ad, which the campaign says it will be airing nationally: This is hardly subtle: Sinister images of two black men, followed by one of a vulnerable-looking elderly white woman.
Steve Benen / Washington Monthly:
THE RAINES/JOHNSON SILVER BULLET?.... John McCain and his campaign seem to think they have a new trump card to play against Obama — he's been associated with Franklin Raines and Jim Johnson, both of whom are former Fannie Mae executives.  The connections are the subject of two new McCain campaign TV ads …
Washington Wire:
‘Attack by Association’ Viewed as Fair Game by McCain Camp
Byron York / The Corner:   Washington Post Faults McCain For Relying On...Washington Post
Marcia Kramer / WCBS-TV:
ASTONISHING: Rep. Rangel Calls Palin ‘Disabled’  —  Embattled Politician: It's Laughable That GOP VP Nominee Bases Foreign Policy On Being Able To See Russia  —  Republicans Infuriated; Rep. King Blasts Rangel  —  NEW YORK (CBS) ― Already under fire for his tax troubles …
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Allahpundit / Hot Air:
Charlie Rangel on Palin: “You got to be kind to the disabled”
Discussion: www.redstate.com
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Gallup:
Gallup Daily: Obama Now Leads McCain by 5 Points  —  At 49%, support for Obama is near his record high for the year  —  PRINCETON, NJ — Gallup Poll Daily tracking from Tuesday through Thursday finds Barack Obama with a five percentage point lead over John McCain in the presidential preferences of registered voters, 49% to 44%.
Adam C. Smith / St. Petersburg Times:
One thought pushes fence-sitters to the left: Palin  —  ST. PETERSBURG — Five weeks ago, the St. Petersburg Times convened a group of Tampa Bay voters who were undecided about the presidential election.  Their strong distrust of Barack Obama suggested it was a group ripe for John McCain to win over.
Discussion: MyDD and Oliver Willis
RELATED:
Ben Smith / Ben Smith's Blogs:
Florida, long way from Alaska
Discussion: AMERICAblog News
Nitya / Political Radar:
Palin Warns Against ‘Second Holocaust’ by Ahmadinejad  —  ABC News' Imtiyaz Delawala Reports: Republican vice presidential nominee Sarah Palin warned against Mahmoud Ahmadinejad's pursuit of nuclear weapons for a “second holocaust,” while blaming “Democrat partisans” for forcing rally organizers …
Discussion: Atlas Shrugs and Gateway Pundit
RELATED:
Kos / Daily Kos:
Palin's favorability trajectory  —  Al Rodgers whipped this up:  —  Worth more than 1,000 words, huh?
Discussion: TalkLeft and TPM Election Central
Frank Schaeffer / The Huffington Post:
An Open Letter to All Republicans From a Former Religious Right Activist  —  Dear Republicans: This election all Republicans who love America must vote for Obama.  A vote for business-as-usual and a continuation of the Neoconservative/Religious Right/ party of corporate American alienation is a vote against America.
Discussion: The Other McCain
Paul Krugman:
McCain on banking and health  —  OK, a correspondent directs me to John McCain's article, Better Health Care at Lower Cost for Every American, in the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries.  You might want to be seated before reading this.
Michael Calderone / The Politico:
Fox demands McCain camp remove Garrett from ad  —  Fox News sent a cease and desist letter to the McCain campaign today over a new ad that includes the voice of correspondent Major Garrett, according to a letter obtained by Politico.  —  From the letter sent to Trevor Potter, general counsel for the McCain campaign.
Tim Graham / media.newsbusters.org:
Sandra Bernhard: Palin Would Be Gang-Raped By Blacks in Manhattan  —  The Washington Post isn't the only daily D.C. newspaper to rave about Sandra Bernhard's anti-Palin ranting.  Wednesday's Washington Examiner joined in, with the headline “Comedienne delivers enraged optimism.”
Glenn Reynolds / Pajamas Media:
PRAYING FOR THE TROOPS, AND THE WORLD.  Are we fighting a Holy War?  —  Devastating.
Jonathan Rauch / National Journal Online:
Bush's Legacy: Small Ball After All?  —  BOTH SUPPORTERS AND CRITICS TEND TO VIEW BUSH AS A GAME-CHANGING PRESIDENT.  BUT HE MAY BE REMEMBERED AS A COMPARATIVELY MINOR FIGURE. … That succinct judgment, received not long ago via e-mail from a political scientist, sums up a good deal …
Discussion: The New Republic
Nitya / Political Punch:
Oh, That Joe!  (No. 13 in a Series) — Kicking Ohio State's A**  —  Democratic vice presidential nominee Sen. Joe Biden, D-Del., spent the past two days trying to win over Ohio voters, but he may have undermined that work in one quick dis of the Ohio State Buckeyes football team Friday morning.
Josh Marshall / Talking Points Memo:
HIS STANDARD MO  —  Did John McCain just make his first edge toward that (hollow) apology that Joe Klein says he'll never accept?  —  (To be clear: Joe was referring to McCain's established pattern of engaging in sleazy or dishonest behavior knowing he can latter come back to the Washington bigs, moral hat in hand, for absolution.)
Discussion: Firedoglake and MyDD
Glen Johnson / Associated Press:
McCain defends retirement accounts amid stock dive  —  GREEN BAY, Wisc.  (AP) — Wall Street turmoil left John McCain scrambling to explain why the fundamentals of the U.S. economy remained strong.  It also left him defending his support for privately investing Social Security money …
Matt / Think Progress:
McCain repeats Palin's lie: Alaska 'provides 20 percent of America's energy requirements.'  —  In her interview with ABC News last week, Alaska Gov. Sarah Palin asserted that Alaska “produces nearly 20 percent of the U.S. domestic supply of energy.”  After FactCheck.org pointed out that Alaska …
Discussion: Firedoglake
Maggie Fox / Reuters:
Satellite images show ethnic cleanout in Iraq  —  WASHINGTON (Reuters) - Satellite images taken at night show heavily Sunni Arab neighborhoods of Baghdad began emptying before a U.S. troop surge in 2007, graphic evidence of ethnic cleansing that preceded a drop in violence, according to a report published on Friday.
Discussion: The Huffington Post
Mark Henderson / Times of London:
How scary is this spider?  That may depend on your politics  —  We all like to think that our political views are shaped by our personal experiences and by deep reflection on the great issues of the day.  Yet research suggests that they may also be influenced by our biology.
Discussion: Newshoggers.com, Time and Guardian
 
 
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 More Items: 
SilentPatriot / Crooks and Liars:
Chuck Hagel slams Sarah Palin: “It's a stretch to say she's got …
Sen. Bernie Sanders / The Huffington Post:
Billions for Bailouts! Who Pays?
Kevin Drum / Mother Jones:
The Other Bailout
Discussion: D-Day and Hullabaloo
Rasmussen Reports:
Election 2008: Indiana Presidential Election
Discussion: The New Republic and MyDD
Dan Childs / ABCNEWS:
Easily Startled? It Could Reflect Your Politics
Alan Fram / Associated Press:
Poll: People prefer Obama over McCain as teacher
Discussion: Political Machine
 Earlier Items: 
James Gerstenzang / The LA Times President Bush Blog:
Stephen Hadley on his boss, President Bush: ‘Remarkably unaffected by eight years’
Jonathan Chait / The New Republic:
Sarah Quaylin  —  Actually, Dan Quayle is looking pretty good right now.
Discussion: Greg's Opinion
Ben Smith / Ben Smith's Blogs:
Obama: ‘Panicked’ McCain's solution is ‘to blame me for it’
Discussion: Washington Monthly
Charles Krauthammer / Washington Post:
History Will Judge  —  For the past 150 years, most American …
Randi Kaye / CNN:
Todd Palin: ‘first dude’ or ‘shadow governor?’
Discussion: Political Machine
Andrew Sullivan / The Daily Dish:
Palin's Collapse Continues
Christy Hoppe / Dallas Morning News:
Libertarian Bob Barr moves to keep Obama, McCain off Texas ballot
Discussion: The Moderate Voice