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4:05 PM ET, September 20, 2008

memeorandum

 Top Items: 
David M. Herszenhorn / New York Times:
Administration Is Seeking $700 Billion for Wall Street Bailout  —  WASHINGTON — The Bush administration on Saturday formally proposed to Congress what could become the largest financial bailout in United States history, requesting unfettered authority for the Treasury Department to buy up to $700 billion in mortgage-related assets.
RELATED:
Mark Silva / The Swamp:
John McCain's radio: Jab at Obama
Discussion: The Anonymous Liberal
CNN:
Obama: Help Main Street as well as Wall Street
Associated Press:
Poll: Racial misgivings of whites an Obama issue  —  WASHINGTON (AP) — Deep-seated racial misgivings could cost Barack Obama the White House if the election is close, according to an AP-Yahoo News poll that found one-third of white Democrats harbor negative views toward blacks — many calling them …
FactCheck.org:
Scaring Seniors  —  An Obama-Biden ad says McCain supports “cutting benefits in half” for Social Security recipients.  False!  —  A new Obama ad characterizes the “Bush-McCain privatization plan” as “cutting Social Security Benefits in half.”  This is a falsehood sure to frighten seniors who rely on their Social Security checks.
RELATED:
Ben Smith / Ben Smith's Blogs:
Entitlement politics  —  Obama is rolling out today an attack …
Discussion: The Swamp
Frank James / The Swamp:
McCain's bad timing on SS reform
Gallup:
Gallup Daily: Obama 50%, McCain 44%  —  PRINCETON, NJ — Gallup Poll Daily tracking from Wednesday through Friday finds Barack Obama maintaining his lead over John McCain among registered voters, by a 50% to 44% margin.  —  Obama has held at least a small margin over McCain in each …
RELATED:
Jay Cost / HorseRaceBlog:   The State of the Race  —  There's been a lot of talk …
Paul Krugman:
Uneasy feelings  —  Details are scarce on the big buyout; but as a few dribble out, I'm getting uneasy.  —  Here's the source of my uneasiness: the underlying premise behind the buyout seems, still, to be that this is mainly a liquidity problem.  So if the government stands ready to buy securities at “fair value”, all will be well.
RELATED:
Mark Thoma / Economist's View:
Recapitalization  —  Paul Krugman: … Dean Baker:
Discussion: JustOneMinute
Dean Baker / American Prospect:
Questions on the Bush Bailout Package
Ed Whelan / The Corner:
Brazen Bias  —  Byron York yesterday exposed the hilarious “Fact Checker” column by the Washington Post's Michael Dobbs, which accuses the McCain campaign of “clearly exaggerating wildly” in accurately stating in a video news release:  —  “Obama has no background in economics.  Who advises him?
RELATED:
Washington Post:
Linking Obama to Ex-Fannie Mae Chief Is a Stretch
Discussion: Balloon Juice and Cafe Hayek
Jeffrey Diamond / ABCNEWS:
Transgendered Woman Wins Sex Discrimination Case  —  In Potentially Groundbreaking Case, Court Finds Sex Discrimination Law Applies to Transgendered Woman  —  A transgendered woman, who lost a job offer because of her sexual status, has won a potentially groundbreaking federal sex discrimination lawsuit.
RELATED:
Carlotta Gall / New York Times:
At Least 40 Are Killed in Blast at Pakistan Hotel  —  ISLAMABAD, Pakistan — A huge truck bomb exploded at the entrance to the Marriott Hotel in Islamabad on Saturday evening, just a few hundred yards from the prime minister's house, where all the leaders of government were dining after the president's address to Parliament.
RELATED:
Asif Shahzad / Associated Press:
Explosion at Pakistan Marriott hotel kills 40
Alan Boraas / Anchorage Daily News:
Kopp hiring proved Palin's fundamentalist street cred  —  So far Gov. Palin's handling of Alaska's Troopergate has focused on why Commissioner of Public Safety Walt Monegan was fired.  An equally important question is why Chuck Kopp was hired to replace him.
Discussion: The Daily Dish and Spin Cycle
The Moderate Voice:
Oh Sarah!  The Week That The Music Stopped  —  I'm not buying into rumors that Sarah Palin is on the way out.  —  If John McCain can't admit that he misheard an interviewer regarding Spain and its premier there is no way in Hell that he's going to acknowledge that picking …
Discussion: Daimnation!
Democracy Now:
Charges Dropped Against DN!  Journalists - Investigation Needed  —  The St. Paul City Attorney's office announced Friday it will not prosecute Democracy Now! journalists Amy Goodman, Sharif Abdel Kouddous and Nicole Salazar.  St. Paul Mayor Chris Coleman also issued a statement Friday that …
RELATED:
Chris Bowers / Open Left:
Charges Dropped Against Democracy Now Journalists
Discussion: Hullabaloo
Noemie Emery / Weekly Standard:
The Palin Effect  —  Her enemies are bellowing like a wounded moose.  —  Now that the dust is beginning to settle from the whirlwind descent of Hurricane Sarah, it may be time to stand back a little and assess in perspective what the moose-hunting beauty from Wasilla, Alaska, has wrought.
Discussion: American Power
Mark Leibovich / New York Times:
Meanwhile, the Other No. 2 Keeps On Punching  —  FLAT ROCK, Mich. — As the economy reels, Senator Joseph R. Biden Jr. — the Other Running Mate — has been absolutely butchering Senator John McCain across the Rust Belt this week.  It is not clear who has noticed.
The Huffington Post:
Hale “Bonddad” Stewart: The Death of Republican Philosophy  —  Last week was historic.  It is a week that financial and economic people will study for generations.  It also marked the end of certain elements of the Republican Party's ideology.  Below are statements the Republican party …
Discussion: HorsesAss.Org
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 More Items: 
Tina Susman / Babylon & Beyond:
IRAQ: A door opens for women
Ann Althouse / Althouse:
Scientists can tell who's conservative: They're the ones who blink …
Discussion: Pajamas Media and Dean's World
Dean Baker / American Prospect:
The Budget and the Bailout  —  The bailout will clearly carry …
Discussion: The Swamp and Washington Post
John McCormick / The Swamp:
Obama's radio address: the economy
Discussion: Ben Smith's Blogs
 Earlier Items: 
Caroline Glick / Jerusalem Post:
Column One: It is time to act  —  Iran is just a heartbeat away …
Discussion: Crooks and Liars and Power Line
Lawrence B. Lindsey / Weekly Standard:
High Anxiety  —  We went from playing inflation-era Monopoly …
Discussion: Power Line
Washington Post:
Karzai Agrees To Meet With Palin
Michael J. Totten / Commentary:
Al Qaeda's Defeat In Iraq