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11:50 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:
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.
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.
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:
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 …
RELATED:
Allahpundit / Hot Air:   Charlie Rangel on Palin: “You got to be kind to the disabled”
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.
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Ben Smith / Ben Smith's Blogs:
Florida, long way from Alaska
Discussion: AMERICAblog News
Megan McGinley / CJR:
Army Alters Photographs, Issues Them To AP  —  The Associated Press retracted two government-issued photographs last night after a photographer in Texas alerted the agency that the photos in question appeared to be doctored.  —  Bob Owen, chief photographer of the San Antonio Express-News …
Discussion: Majikthise
RELATED:
Ryan / Think Progress:   Army releases doctored photos of dead soldiers.
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%.
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
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 …
RELATED:
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.”
Jim Manzi / The Corner:
Welcome to History  —  It's helpful to think of how to address the current financial crisis (and I don't use that word casually) in terms of the end-state we want to achieve, and the transition plan to get there.  —  The problem we face is often described as mind-bendingly complex, but in its essentials, it is simple.
Discussion: Pajamas Media
Glenn Reynolds / Pajamas Media:
PRAYING FOR THE TROOPS, AND THE WORLD.  Are we fighting a Holy War?  —  Devastating.
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.
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
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.
Mark Murray / MSNBC:
McCain: Playing the patriotism card  —  At last night's rally in Wisconsin, McCain said this: “And that's how we see this election, country first or Obama first and I have a feeling [chant of “Country First, Country First"]... So when it comes to cutting taxes for seniors, for working families …
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
 
 
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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
Dan Childs / ABCNEWS:
Easily Startled? It Could Reflect Your Politics
Matt / Think Progress:
McCain repeats Palin's lie: Alaska 'provides 20 percent of America's …
Discussion: Firedoglake
 Earlier Items: 
Jonathan Chait / The New Republic:
Sarah Quaylin  —  Actually, Dan Quayle is looking pretty good right now.
Discussion: Greg's Opinion
Glen Johnson / Associated Press:
McCain defends retirement accounts amid stock dive
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
Mark Henderson / Times of London:
How scary is this spider? That may depend on your politics
Discussion: Newshoggers.com, Time and Guardian
Andrew Sullivan / The Daily Dish:
Palin's Collapse Continues
Discussion: Kevin Drum