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10:00 AM ET, September 22, 2008

memeorandum

 Top Items: 
Paul Krugman / New York Times:
Cash for Trash  —  Some skeptics are calling Henry Paulson's $700 billion rescue plan for the U.S. financial system “cash for trash.”  Others are calling the proposed legislation the Authorization for Use of Financial Force, after the Authorization for Use of Military Force …
RELATED:
New York Times:
2 Candidates Back Bailout, With Caveats  —  PHILADELPHIA — Senators John McCain and Barack Obama warned Sunday that there should be more oversight built into the government's $700 billion plan to stabilize the financial markets but said the potentially enormous expenditure would not force …
Kevin Bogardus / The Hill:
Dodd to seek changes to Treasury relief package  —  Sen. Christopher Dodd (D-Conn.) said that the $700 billion bailout for Wall Street firms proposed by the U.S. Treasury Department needed to be modified and Democrats would most likely add new provisions to the package.
Discussion: The Swamp
William Kristol / New York Times:
A Fine Mess  —  A friend serving in the Bush administration called Sunday to try to talk me out of my doubts about the $700 billion financial bailout the administration was asking Congress to approve.  I picked up the phone, and made the mistake of good-naturedly remarking …
New York Times:
Democrats Set Terms as Bailout Debate Begins  —  WASHINGTON — Congressional Democrats began to set their own terms on Sunday for a plan to rescue the nation's financial institutions, including greater legislative oversight of the Treasury Department, more direct assistance for homeowners …
Mike Allen / The Politico:
Obama might keep Paulson
Discussion: Open Left and Donklephant
New York Times:
Foreign Banks Hope Bailout Will Be Global
Discussion: AlterNet.org
Josh Marshall / Talking Points Memo:
THE BIG QUESTION: 2+2=4?  —  The New York Times reports …
Discussion: Firedoglake and AMERICAblog News
Dr. Rusty Shackleford / The Jawa Report:
Hope, Change, & Lies: Orchestrated “Grassroots” Smear Campaigns & the People that Run Them  —  Extensive research was conducted by the Jawa Report to determine the source of smears directed toward Republican Vice Presidential candidate Sarah Palin.  Those smears included false allegations …
RELATED:
Ace / Ace of Spades HQ:
LIKE CLOCKWORK, VIDEOS TAKEN DOWN!!!  —  Update: Rusty Uploading His Copy Now  —  Obama Connected PR Firm Produces, Uploads Lying Anti-Palin Ad on YouTube, Then Pushes it Virally as “Grassroots” Effort; PR Exec Sockpuppets Praise Video for “Getting the Truth Out;” Company Employee Uploads …
Discussion: Dr. Sanity and Riehl World View
Dan / Riehl World View:
Did Obama Fund Web-based Smear Campaign Targeting Palin?  —  Updated: YouTube videos being pulled, accounts canceled within an hour of the post going up?  Sounds like we hit a nerve.  I'm thinking this may just get good.  Everything is cached.  I know Rusty should have copies, so do I …
Bill Cotterell / News Press:
Palin draws crowd of 60,000 in The Villages  —  THE VILLAGES — Republican vice presidential nominee Sarah Palin told wildly cheering, flag-waving, chanting supporters that John McCain is “the only great man in this race” and promised Sunday he will fix the nation's economy if voters give the GOP four more years in the White House.
RELATED:
Orlando Sentinel:
Palin wows 'em in The Villages
Allahpundit / Hot Air:
Palinmania: 60,000 turn out for event in Florida?
Discussion: Wizbang and The Other McCain
New York Times:
Loan Titans Paid McCain Adviser Nearly $2 Million  —  Senator John McCain's campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say.
Sarah Palin / New York Sun:
Palin on Ahmadinejad: ‘He Must Be Stopped’  —  Governor Palin, the Republican nominee for vice president, was scheduled to speak today at a rally in Dag Hammarskjold Plaza to protest the appearance here of President Ahmadinejad of Iran.  Her appearance was canceled by rally organizers who sought a nonpolitical event.
Patricia Cohen / New York Times:
Conservatives Try New Tack on Campuses  —  COLORADO SPRINGS — Acknowledging that 20 years and millions of dollars spent loudly and bitterly attacking the liberal leanings of American campuses have failed to make much of a dent in the way undergraduates are educated, some conservatives have decided to try a new strategy.
The Politico:
The race discussion Obama didn't want  —  When the Democratic primary descended into a charged debate about black and white and Sen. Barack Obama's racially polarizing pastor last spring, Obama took the stage to address the question of race head-on.  —  “Race is an issue that I believe …
RELATED:
Associated Press:
Obama staff leaves North Dakota
Discussion: Top of the Ticket and TalkLeft
Richard Pérez-Peña / New York Times:
Politico Intends to Expand After Presidential Race Ends  —  Politico has grown rapidly from a little-known start-up company to one of the nation's most popular online sources of political news.  But it has been riding a wave of interest in a hot presidential campaign, so what happens to Politico after Nov. 4?
Discussion: FishBowlDC and Romenesko
Sean D. Naylor / Military Times HOME:
U.S. officer: Pakistani forces aided Taliban  —  Pakistani military forces flew repeated helicopter missions into Afghanistan to resupply the Taliban during a fierce battle in June 2007, according to a Marine lieutenant colonel, who says his information is based on multiple U.S. and Afghan intelligence reports.
Discussion: Firedoglake and The Agonist
DealBook:
Goldman, Morgan to Become Bank Holding Companies  —  Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.
RELATED:
Craig Torres / Bloomberg:
Fed Allows Goldman, Morgan Stanley to Become Banks
 
 
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 More Items: 
Chris Bowers / Open Left:
Why Should We Negotiate With Bush At All?  —  I am going to ask …
Walt Bogdanich / New York Times:
A Disability Epidemic Among a Railroad's Retirees
Discussion: City Room and Spin Cycle
Associated Press:
Barack Obama to campaign in Green Bay on Monday
Discussion: TIME.com
Carrie Budoff Brown / The Politico:
Obama walks the abortion minefield
Discussion: Power Line
 Earlier Items: 
The Huffington Post:
ABC Panel Tears Into McCain: Not Presidential, Age Should Be An Issue
Discussion: AlterNet.org
Calculated Risk:
Paulson Plan: Will it Work?
Gallup:
Gallup Daily: Obama Leading McCain by 4 Points
Discussion: Daily Kos and MyDD