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9:25 PM ET, September 20, 2008

memeorandum

 Top Items: 
Paul Krugman:
No deal  —  I hate to say this, but looking at the plan as leaked, I have to say no deal.  Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay premium prices for lousy assets.  —  As I posted earlier today, it seems all too likely that a …
RELATED:
Brookings Institute:
Concerns about the Treasury Rescue Plan  —  Financial Markets, Financial Institutions, Federal Reserve, Governance, U.S. Economy  —  Douglas W. Elmendorf, Senior Fellow, Economic Studies  —  Amid continued tumult in financial markets, the Treasury Department has developed a systematic plan to stabilize the financial system.
Tom Maguire / JustOneMinute:
K Drum Is Good On The Bail-Out  —  Kevin Drum has a useful overview …
Discussion: TalkLeft and American Prospect
Kevin Drum / Mother Jones:
Solvency vs. Liquidity
Discussion: Balloon Juice
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:
New York Times:
Text of Draft Proposal for Bailout Plan  —  LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY TO PURCHASE MORTGAGE-RELATED ASSETS  —  Section 1.  Short Title.  —  This Act may be cited as ____________________.  —  Sec. 2.  Purchases of Mortgage-Related Assets.
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 …
RELATED:
Al Giordano / The Field on the Narcosphere:
The AP's Ron Fournier: Racial Arsonist and Unethical Journalist  —  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 …
Allahpundit / Hot Air:
AP poll: Racism among white Democrats could cost Obama the election
Discussion: NewsBusters.org
Nate Silver / The New Republic:   Racism Costs Obama 6 Points?
Patrick Healy / New York Times:
Pact on Debates Will Let McCain and Obama Spar  —  The Obama and McCain campaigns have agreed to an unusual free-flowing format for the three televised presidential debates, which begin on Friday, but the McCain camp fought for and won a much more structured approach for the questioning …
Peter Baker / New York Times:
A Professor and a Banker Bury Old Dogma on Markets  —  WASHINGTON — For the last year, as the nation's economy lurched from crisis to crisis, the chairman of the Federal Reserve, Ben S. Bernanke, had been warning Henry M. Paulson Jr., the Treasury secretary, that the worsening situation might ultimately force …
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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:
CNN:
Obama hammers McCain on Social Security  —  DAYTONA BEACH, Florida (CNN) — Sen. Barack Obama told voters in Daytona Beach, Florida, on Saturday that if Sen. John McCain became president, he would privatize their Social Security.  —  It's a debate over the program that could resurface …
Discussion: TalkLeft and BrothersJudd Blog
Frank James / The Swamp:
McCain's bad timing on SS reform
Jo Mannies / St. Louis Post-Dispatch:
McCain takes slight lead in Mo., new poll finds  —  Sen. John McCain (left) and Sen. Barack Obama  —  Republican presidential nominee John McCain has improved his standing among Missouri voters.  —  And he may have running mate Sarah Palin to thank.  —  McCain's growing support from women …
Discussion: FiveThirtyEight.com
RELATED:
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 …
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:
BBC:
A massive bomb blast has hit the Marriott Hotel in Pakistan's …
Discussion: Ben Smith's Blogs
John Amato / Crooks and Liars:
Rachel Maddow's ratings are incredible  —  If only MSNBC would have listened to us months ago, but at least she's there now.  Move over Larry King, there's a new girl in town....Her ratings even beat Countdown a few times.  —  It's nice to see and we hope you will continue to tune in.
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.
 
 
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 More Items: 
Jesse McKinley / New York Times:
Same-Sex Marriage Ban Is Tied to Obama Factor
Associated Press:
Judge orders Cheney to preserve records
Atrios / Eschaton:
0 To $1 Trillion In 4 days Flat
Yuval Levin / The Corner:
Trust on the Economy  —  The Diageo/Hotline poll offers …
Discussion: The Jed Report
Gordon Trowbridge / Detroit News:
Obama has slight edge on McCain in Mich.
Discussion: Commentary
 Earlier Items: 
John Amato / Crooks and Liars:
Cavuto says McCain-Palin sound just like Obama-Biden
Discussion: The Agonist
Michael Luo / The Caucus:
McCain Breaks His Record in August, Raising More Than $47 Million
Discussion: New York Times and Don Surber
Dean Baker / TPMCafe:
Progressive Conditions for a Bailout
Discussion: Matthew Yglesias and The G Spot
The Moderate Voice:
Oh Sarah! The Week That The Music Stopped
Discussion: Daimnation!
 

 
From Mediagazer:

Evan Smith / The Texas Tribune:
New York Times-Texas Tribune content partnership to end Dec. 31, after four years

Rafat Ali:
It's About To Get Ugly in Media Startupland

Chris Johnston / Guardian:
BBC now has more staff outside London than in the capital

 
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