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9:25 AM ET, September 24, 2008

memeorandum

 Top Items: 
Washington Post:
Economic Fears Give Obama Clear Lead Over McCain in Poll  —  Turmoil in the financial industry and growing pessimism about the economy have altered the shape of the presidential race, giving Democratic nominee Barack Obama the first clear lead of the general-election campaign over Republican John McCain …
RELATED:
Jennifer Parker / Political Radar:
Stephanopoulos: McCain Holds Key to Administration's Bailout Passage on Capitol Hill  —  ABC News' George Stephanopoulos reports: If Republican presidential candidate Sen. John McCain doesn't vote for the Bush administration's $700 billion economic bailout plan, some Republican …
New York Times:
McCain Aide's Firm Was Paid by Freddie Mac  —  WASHINGTON— One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month to a firm owned by Senator John McCain's campaign manager from the end of 2005 through last month, according to two people with direct knowledge of the arrangement.
RELATED:
Michael Goldfarb / JohnMcCain.com:
A Partisan Paper of Record  —  Today the New York Times launched its latest attack on this campaign in its capacity as an Obama advocacy organization.  Let us be clear about what this story alleges: The New York Times charges that McCain-Palin 2008 campaign manager Rick Davis was paid …
Tory Newmyer / Roll Call:
Davis' Firm on Freddie Payroll
Discussion: Political Punch
The Hill:
Pelosi won't jump alone  —  House Speaker Nancy Pelosi is telling Democrats that she will not support President Bush's $700 billion bailout of the financial sector unless there is significant Republican support for the controversial plan.  —  The politics of the bailout are tricky and dangerous …
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David Leonhardt / New York Times:
Issue Is Payback, Not Bailout  —  So are you for the bailout or against it?  —  Many people, I'm guessing, don't have an immediate answer to the question.  They understand that the financial crisis is serious enough to require a big response from the government.
RELATED:
SilentPatriot / Crooks and Liars:
Chuck Schumer to Sec. Paulson: Why $700 billion?  Why not $150 billion?
Henry Blodget / The Huffington Post:   Bernanke and Paulson: Here's Why We're Screwing You
Carrie Dann / MSNBC:
ON BAILOUT, OBAMA WARNS OF ‘STUBBORN’ BUSH
Lee Speigel / Political Punch:
Oh, That Joe!  (No. 17 in a Series) — First Thing We Do, Let's Retain All the Lawyers  —  “I think we're going to be up very late counting votes,” Sen. Joe Biden, D-Del., told a kettle of lawyers Tuesday night at a fundraiser for the Democratic Victory Fund hosted by the American Association …
Paul Slansky / The Huffington Post:
A Note to Bill Clinton  —  Given that we would never have had the odious George W. Bush in the White House in the first place if it wasn't for your blow jobs, Bill, it seems obvious that you owe it to the people of this country, and especially to the parents whose kids died in the Iraq War …
Discussion: NewsBusters.org
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Gawker:
Chris Rock To Bill Clinton: ‘Hillary Lost!’
Discussion: Open Left
Kate Linthicum / Top of the Ticket:
CNN's Campbell Brown to McCain campaign: “Free Sarah Palin!”  —  Campbell Brown, the CNN anchor whose confrontational on-air interview with a John McCain spokesman earlier this month raised eyebrows and caused the candidate to cancel a session with Larry King, delivered a blistering editorial Tuesday …
Discussion: The Swamp
RELATED:
Jeffrey Goldberg:
What is the McCain Camp Hiding?
Matthew Benjamin / Bloomberg:
Americans Oppose Bailouts, Favor Obama to Handle Market Crisis  —  Sept. 24 (Bloomberg) — Americans oppose government rescues of ailing financial companies by a decisive margin, and blame Wall Street and President George W. Bush for the credit crisis.  —  By a margin of 55 percent to 31 percent …
Eric Posner / The Volokh Conspiracy:
DOES CONGRESS THINK THAT PAULSON ASKED FOR NOT ENOUGH POWER?  You might think so from reading the Dodd bill and the news accounts (including this very helpful discussion by Steven Davidoff):  —  1. Under the Paulson bill, Treasury will have the power to purchase mortgage-related assets.
Evan Perez / Wall Street Journal:
FBI Investigates Four Firms at Heart of the Mess  —  Probe Seeks to Learn if Fraud Played Role in Some of the Woes  —  WASHINGTON — Federal investigators have opened preliminary probes into the financial troubles of four high-profile companies that are at the center of the current financial turmoil …
T.W. Farnam / Wall Street Journal:
GOP's Shelby Leads Conservatives Against Bailout  —  Alabaman Opposed Rescue of Chrysler; Tough on Paulson  —  WASHINGTON — With anger mounting from the left and right against the Treasury Department's proposed financial bailout, one of the opponents' most powerful allies is Alabama Sen. Richard Shelby …
Discussion: Michelle Malkin and FP Passport
Julia Rosen / Calitics:
The Floundering Yes on 8 Campaign: One Million Missing Lawn Signs Found in China  —  This past weekend the Yes on 8 campaign had talked up passing out ONE MILLION lawn signs.  It was going to be their big splash event, something big and bold to get a bunch of earned media.
Discussion: Pam's House Blend
MSNBC:
New voting glitches raise concerns in Florida  —  Palm Beach problems have officials worried about potential repeat of 2000  —  TAMPA, Fla. - Nearly a month after voters in Florida cast their ballots, opponents in the razor-close election head for court as a judge approves a third recount.
Allahpundit / Hot Air:
Video: Who's responsible for the Fannie and Freddie mess?  Update: FBI launches investigation  —  By special request of Ace.  Nothing here you haven't read and/or heard before, but Fox deserves a little publicity for being willing to challenge the narrative.
RELATED:
 
 
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 More Items: 
Gary Langer / ABCNEWS:
Blacks' Political Engagement Spikes, Though Racial Divisions Remain Deep
Discussion: Oliver Willis
Ben White / New York Times:
Goldman to Raise Capital, With $5 Billion From Buffett
Ben Smith / Ben Smith's Blogs:
Obama: ‘Stem Cell’
Myglesias / Matthew Yglesias:
Why Is There Something Rather Than Nothing?
Discussion: Outside The Beltway
 Earlier Items: 
New York Times:
For Palin in New York, a Predebate Introduction to Motorcade Diplomacy
Victor Davis Hanson / The Corner:
And the Media Worries about Palin's Experience and McCain's Age?
Media Matters for America:
Time 's Carney claimed new McCain ad …