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1:15 PM ET, September 20, 2008

memeorandum

 Top Items: 
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.
RELATED:
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.
Discussion: TRAIL BLAZERS
Ben Smith / Ben Smith's Blogs:
Entitlement politics  —  Obama is rolling out today an attack on McCain on Social Security that began airing — and which I posted — earlier this week.  —  Pegged to the Wall Street mess, and aimed at striking fear into voters about the privatization of Social Security …
Discussion: The Swamp
Washington Post:
Linking Obama to Ex-Fannie Mae Chief Is a Stretch  —  “Obama has no background in economics.  Who advises him?  The Post says it's Franklin Raines, for ‘advice on mortgage and housing policy.’ Shocking.  Under Raines, Fannie Mae committed ‘extensive financial fraud.’ Raines made millions.
Discussion: Balloon Juice and Cafe Hayek
RELATED:
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?
The Politico:
Fannie Mae vet protests McCain ad  —  A former Fannie Mae executive has written to The New York Times in an effort to escalate Democrats' pushback to a McCain campaign ad accusing Sen. Barack Obama (D-Ill.) of guilt by association with former officials of the mortgage giant.
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 …
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: American Prospect and Angry Bear
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.
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
RELATED:
NPR:
Listen Now  —  · The Securities and Exchange Commission …
John McCormick / The Swamp:
Obama's radio address: the economy  —  DAYTONA BEACH, Fla. - Sen. Barack Obama will be on the radio nationwide today, delivering the weekly Democratic Radio Address for the second time since getting his party's nomination for president.  —  Not surprisingly, he will be talking about the economy …
Discussion: Ben Smith's Blogs
RELATED:
Justin Rood / ABCNEWS:
Exclusive: New Doubts Over Palin's Troopergate Claims  —  Internal Government Document Contradicts Sarah Palin, Campaign  —  An internal government document obtained by ABC News appears to contradict Sarah Palin's most recent explanation for why she fired her public safety chief …
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
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.
Dean Baker / American Prospect:
The Budget and the Bailout  —  The bailout will clearly carry a big bill, likely in the $500 billion to $1 trillion range.  As the Post reports today, opponents of Social Security and other government social programs are already using this expense as a rationale for curtailing such spending.
Discussion: The Swamp and Washington Post
Editor and Publisher:
Anchorage Paper: McCain Confuses National Guard and Army Troops  —  NEW YORK From David Hulen at the always-valuable Alaska Politics blog at the Anchorage Daily News (www.adn.com) tonight:  —  “Candidates spend a lot of time talking, and they all misspeak sometimes.
 
 
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 More Items: 
DJ Drummond / Wizbang:
How Liberal Trolls Are Working To Get McCain Elected President
Real Time Economics:
Economists Back Government Moves
Jay Cost / HorseRaceBlog:
The State of the Race  —  There's been a lot of talk …
Discussion: American Power
Caroline Glick / Jerusalem Post:
Column One: It is time to act  —  Iran is just a heartbeat away …
Discussion: Power Line
Lawrence B. Lindsey / Weekly Standard:
High Anxiety  —  We went from playing inflation-era Monopoly …
Discussion: Power Line
Wall Street Journal:
How to Campaign In a Financial Crisis
 Earlier Items: 
Washington Post:
Karzai Agrees To Meet With Palin
Megan McArdle:
Demon short-selling  —  Every time there's a financial crisis …
Discussion: Reason
Choe Sang-Hun / New York Times:
North Korea Says It Seeks to Remain on Terror List
Discussion: QandO and Commentary
Michael J. Totten / Commentary:
Al Qaeda's Defeat In Iraq
 

 
From Mediagazer:

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income

Chris Morris / Fortune:
Taylor Swift's new album smashed streaming records; Spotify says it had 300M+ streams on launch day and became 2024's most-streamed album within just 12 hours

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

 
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