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4:05 PM ET, September 22, 2008

memeorandum

 Top Items: 
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 …
RELATED:
Martin Kady II / The Crypt's Blogs:
Dodd bill more aggressive than Treasury plan  —  Banking Committee Chairman Christopher Dodd is taking much more aggressive approach to the Treasury bailout plan, demanding foreclosure assistance, limits on executive compensation and profit sharing for taxpayers if the Treasury begins …
Paul Krugman:
Dodd  —  Very preliminary, no details — but this sounds like a big step in the right direction.  —  One of the problems with this blog is that I ruffled a few feathers back when Bush had an 80 percent approval rating, and somehow I wasn't impressed.  People remember, and as a result …
Discussion: Think Progress
Bloomberg:
Dodd Proposes Giving U.S. Equity Stake for Bad Debt  —  Sept. 22 (Bloomberg) — Senate Banking Committee Chairman Chris Dodd offered an alternative today to the Bush administration's financial rescue plan aimed at giving the U.S. Treasury an equity stake when it helps companies burdened by debt.
Damian Paletta / Wall Street Journal:
Dodd's Bailout Draft Could Give Companies' Shares to Government  —  WASHINGTON — Senate Democrats want to add tough new measures to the Treasury Department's proposal to bail out financial firms, including strict limits on executive compensation and a provision that would allow the government …
The Politico:
CEO pay emerges as bailout barrier  —  Flying in the face of Congress and both presidential campaigns, Treasury is resisting efforts to impose pay limits on Wall Street executives and bankers whose companies stand to be helped by the government's $700 billion rescue plan for the financial markets.
Mark Silva / The Swamp:
White House: ‘Clean’ bailout wanted
Discussion: The Crypt's Blogs
Paul Krugman / New York Times:
Cash for Trash  —  Some skeptics are calling Henry Paulson's …
Phred Dvorak / Wall Street Journal:
Big Pay for Big Bosses Under Fire
Kevin Hassett / Bloomberg:
How the Democrats Created the Financial Crisis: Kevin Hassett  —  Sept. 22 (Bloomberg) — The financial crisis of the past year has provided a number of surprising twists and turns, and from Bear Stearns Cos. to American International Group Inc., ambiguity has been a big part of the story.
RELATED:
New York Times:
Loan Titans Paid McCain Adviser Nearly $2 Million
Byron York / The Corner:
The McCain Campaign and the Times
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.
Dr. Rusty Shackleford / The Jawa Report:
Hope, Change, & Lies: Orchestrated “Grassroots” Smear Campaigns & the People that Run Them [Updated]  —  ***Sticky***Scroll past on main page for newer posts***Updates sprinkled throughout post and summarized at end***  —  Extensive research was conducted by the Jawa Report to determine …
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Washington Post:
‘First Dude’ Todd Palin Illustrates Alaska's Blend of Private and Public  —  ANCHORAGE — Todd Palin grew up as the archetypal Alaskan — salmon fisherman, champion snowmobiler, North Slope oil worker.  But since his wife became governor 20 months ago, his portfolio has broadened: househusband …
Discussion: Washington Monthly and Salon
RELATED:
Michelle Cottle / The New Republic:
Todd Palin Is Hillary Clinton
Discussion: NewsBusters.org
Andrew Sullivan / The Daily Dish:
The End-Times And Sarah Palin  —  Yes, she believes in them.  Of course she believes in them.  Her former pastor believes that Alaska will be the refuge for the faithful in the lower 48 states when the Rapture comes.  She is a Biblical literalist who denies evolution - who has to deny evolution - to remain in her church.
Ali / Think Progress:
New poll: Zero percent of Americans think national economy is improving.  —  A new American Research Group poll shows that “[n]o Americans say that the national economy is getting better,” while 82 percent say it is getting much worse.  Only 17 percent approve of President Bush's handling of the economy, with 78 percent disapproving.
Christopher Hitchens / Slate:
WHY IS OBAMA SO VAPID, HESITANT, AND GUTLESS?  —  Last week really ought to have been the end of the McCain campaign.  With the whole country feeling (and its financial class acting) as if we lived in a sweltering, bankrupt banana republic, and with this misery added to the generally Belarusian atmosphere …
Jessica Yellin / CNN:
Palin's town charged women for rape exams  —  ANCHORAGE, Alaska (CNN) — Alaska Gov. Sarah Palin's hometown required women to pay for their own rape examinations while she was mayor, a practice her police chief fought to keep as late as 2000.  —  Former state Rep. Eric Croft, a Democrat …
James Pethokoukis / US News:
Bailout Prevents Great Depression 2.0  —  What would be the dollar cost of not bailing out Wall Street?  Try a number north of $30 trillion.  (The awful math is detailed below.)  That's why Hank Paulson and Ben Bernanke were so scared last week.  And, yes, I think “scared” isn't too strong a word.
Discussion: The Corner, QandO and Ed Driscoll.com
David Prosser / The Independent:
Fury at $2.5bn bonus for Lehman's New York staff  —  Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night.
Washington Post:
Steering the McCain Campaign, a Lot of Old Bush Hands  —  When Gov. Sarah Palin flew home to Alaska for the first time since being named the Republican vice presidential nominee, she brought along at least half a dozen new advisers to conduct briefings, stage-manage her first television interview …
Wall Street Journal:
God, Patriotism and Taxes  —  Joe Biden isn't backing down from his startling claim last week that raising taxes on the rich is the “patriotic” thing to do.  On Thursday he upped the ante, thundering that he also has Jesus in his corner.  “Catholic social doctrine as I was taught it is …
Discussion: JustOneMinute and Commentary
Anne / Nielsen Wire:
Uncommitted Voters More Engaged By RNC Telecasts  —  Voters not yet committed to either candidate were 12% more engaged by TV coverage of the GOP convention than the Democratic convention, according to an analysis released Monday by Nielsen IAG.  —  John McCain's acceptance speech …
The Big Trunk / Power Line:
DEEP SECRETS OF CAMPAIGN 2008  —  The news regarding the presidential campaign has been delivered on two tracks.  On one track the mainstream media have played their usual role of the Victorian gentleman described by Tom Wolfe in The Right Stuff.  In this capacity, to borrow Wolfe's formulation …
Eli Lake / New York Sun:
Spies Warn That Al Qaeda Aims for October Surprise  —  Intercepted Messages Asking Local Cells To Be Prepared for Imminent Instructions  —  WASHINGTON — In the aftermath of two major terrorist attacks on Western targets, America's counterterrorism community is warning that Al Qaeda may launch …
Discussion: Wonk Room
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.
Discussion: Whiskey Fire
 
 
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 More Items: 
Ben Smith / Ben Smith's Blogs:
Biden aide: ‘Schmidt lied, or got it wrong’
Matt Stoller / Open Left:
Statements from Grayson, Darcy, Steve Cohen, Zeitz, Al Franken …
Myglesias / Matthew Yglesias:
Russia Blundering in Latin America
Discussion: American Prospect and Eunomia
Glenn Reynolds / Pajamas Media:
SHARED SACRIFICE: So one theme we've heard in criticizing President Bush …
Discussion: The Corner
Ramesh Ponnuru / The Corner:
New York Times vs. Free Speech — and Truth
Associated Press:
Tina Fey's Emmy Night: Humble, Wants To Stop Playing Sarah Palin
Press Association:
HAPPENING NOW: McCain in Scranton
Discussion: democracyarsenal.org
 Earlier Items: 
Greg Sargent / TPM Election Central:
Obama Hits McCain Over Zapatero Gaffe, Compares Him To Cheney
Ross Douthat:
Palin and Her (Conservative) Critics
Discussion: Eunomia
The New Republic:
Polling question
Discussion: MyDD and Open Left
Marc Ambinder:
NRA Begins Multi-Million-Dollar Television Ad Campaign
Andrew Malcolm / Top of the Ticket:
Hoy, el senor Limbaugh speaks en espanol about Obama
Discussion: The Swamp
Satyam / Think Progress:
McCain Clueless When Asked About Fiorina's $40 Million Golden …
Monica Langley / Wall Street Journal:
Stand-Ins, Naps Help Debate Preparation
Discussion: MSNBC, The Caucus, Law Blog and Wonkette