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9:40 PM ET, September 21, 2008

memeorandum

 Top Items: 
New York Times:
Bipartisan Support for Wall St. Rescue Plan Emerges  —  WASHINGTON — Bipartisan support appeared to be emerging Sunday among American lawmakers to give quick approval to a vast bailout of financial institutions.  —  But senior lawmakers put forward some of their own ideas for rescuing …
RELATED:
Yuval Levin / The Corner:
The Bailout  —  Everyone should read the actual text of the proposed bailout plan the administration is sending to Congress.  It's clearly not a final version (the part about only purchasing from financial institutions headquartered in the US has already been changed, as Kathryn notes below) …
Newt Gingrich / The Corner:
Before D.C. Gets Our Money, It Owes Us Some Answers  —  Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening.  —  We are being told Treasury Secretary Henry Paulson has a plan which will shift $700 billion in obligations from private companies to the taxpayer.
Avi Zenilman / The Politico:
Many economists skeptical of bailout  —  Many of the same economists and opinion-makers who'd provided a bipartisan sheen of consensus to Treasury Secretary Henry Paulson's previous moves have quickly begun casting doubts on the wisdom of a policy that would allow Treasury …
Myglesias / Matthew Yglesias:   Hurry!  Hurry!  —  Bush and Paulson say congress needs to rush …
Associated Press:
Paulson urges quick action on $700 billion bailout
Discussion: AMERICAblog News
Meena Thiruvengadam / Wall Street Journal:
Paulson Presses Congress to Act On $700 Billion Bailout Plan
Discussion: MyDD
Matt Stoller / Open Left:
Yes, There Are Deeply Angry Democratic Members of Congress  —  This email is from a lawmaker and it should give you a flavor for what's going on right now in Congress.
RELATED:
Frank James / The Swamp:
Obama: No blank check for Wall St  —  CHARLOTTE, N.C. - In his first comments about a $700 billion government bailout package meant to help stabilize Wall Street, Sen. Barack Obama on Sunday stopped short of saying whether he supports the proposal, as he laid out some broad economic goals he believes such a plan should include.
Robert Reich / TPMCafe:
What Wall Street Should Do To Get Its Blank Check  —  The frame has been set, the dye cast.  Treasury Secretary Hank Paulson, presumably representing the Bush administration but indirectly representing Wall Street, and Fed Chief Ben Bernanke, want a blank check from Congress for $700 billion …
Mark Halperin / TIME.com:
Pelosi Statement on Legislation to Address Crisis in Financial Markets
Discussion: Firedoglake and The Moderate Voice
Cernig / Newshoggers.com:
A Letter To Congress  —  Sean Paul Kelly at the Agonist …
Discussion: The Agonist and The Impolitic
NY Daily News:
Mac and I had tropical heat in Rio, says ex  —  BY HAROLD EMERT IN RIO DE JANEIRO AND PATRICK SULLIVAN IN NEW YORK  —  While John McCain attended his 50th Naval Academy reunion Saturday, a Brazilian beauty fondly recalled the affair she had with the young “good kissing” midshipman she met a half a century ago.
Discussion: TBogg
Ali / Think Progress:
Bush's Legacy Of Squandering Taxpayer Money  —  Yesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions.  Demanding enormous faith in his administration's stewardship, the plan “would place no restrictions on the administration …
Discussion: Open Left and Balkinization
RELATED:
Myglesias / Matthew Yglesias:
The Record  —  Ali Frick rounds up the record of Bush …
Discussion: Economists for Obama
Jonathan Martin / Jonathan Martin's Blogs:
Palin draws largest crowd yet for GOP  —  Sarah Palin tonight attracted the largest crowd yet to any Republican campaign event this cycle, drawing tens of thousands of Floridians out in a conservative-leaning retirement community north of Orlando for a solo rally.
Discussion: Hot Air
CNN:
Interview With Obama, McCain Economic Advisers; Interview With Ron Paul  —  THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.  —  WOLF BLITZER, HOST: This is LATE EDITION, the last word in Sunday talk.  —  BLITZER: A roller coaster week on Wall Street.
Discussion: Top of the Ticket
Gallup:
Gallup Daily: Obama Leading McCain by 4 Points  —  Voter preferences similar to Saturday, when Obama led by 6 points  —  PRINCETON, NJ — Barack Obama continues to lead John McCain in national voter preferences for the presidential election, now by a four percentage point margin, 49% to 45%
Discussion: MyDD
Stephen F. Hayes / Weekly Standard:
Democrats and Double Standards  —  Obama's not-so-secret weapon: the media.  —  When Barack Obama announced his presidential candidacy in Springfield, Illinois, on February 10, 2007, he promised to change the practice of American politics. … Obama told the crowd on that chilly day that he was running …
 
 
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 More Items: 
Phyllis Schlafly / San Francisco Chronicle:
Feminists against Palin - shame on you
CNN:
Obama, McCain debate prep underway
Discussion: The Moderate Voice
CNN:
Will candidates' financial plans work?
Farhad Manjoo / Washington Post:
Gov.Palin@Hacked.Com  —  Sometime last Tuesday, an unknown …
Discussion: The Other McCain and The Corner
Jill Zuckman / The Swamp:
Palin to meet Kissinger, Uribe, Karzai
Discussion: TIME.com
Daily Mail:
Sarah Palin is as popular as Diana in the hearts of the American public
Discussion: Wake up America and USS Neverdock
 Earlier Items: 
Mark Naymik / OPENERS:
Ohio Newspaper Poll shows John McCain with slight lead over Barack Obama
Discussion: The New Republic and TIME.com
Mike Allen / The Politico:
43 days - Stephanopoulos: “The era of big government is back”
 

 
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