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9:35 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 …
RELATED:
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:
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
Sam Stein / The Huffington Post:
Campbell Brown Rips McCain Camp's “Sexist” Treatment Of Palin  —  A prominent female news anchor chastised the McCain campaign Tuesday evening for engaging in sexism and insulting behavior in its attempt to shield Gov. Sarah Palin from members of the press.  —  In a fiery commentary …
RELATED:
Kate Linthicum / Top of the Ticket:
CNN's Campbell Brown to McCain campaign: “Free Sarah Palin!”
Discussion: The Swamp
Wall Street Journal:
Buffett to Invest $5 Billion in Goldman  —  Famed Investor's Move Is Seen as a Vote of Confidence in Crisis-Stricken Banking System; Old Ties to Firm Paved Way for Deal  —  Goldman Sachs Group Inc. said it will get a $5 billion investment from billionaire Warren Buffett's company …
RELATED:
Ben White / New York Times:
Goldman to Raise Capital, With $5 Billion From Buffett
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 …
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 …
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 …
Tony Blankley / Real Clear Politics:
The Man Who Never Was  —  The mainstream media have gone over the line and are now straight-out propagandists for the Obama campaign.  —  While they have been liberal and blinkered in their worldview for decades, in 2007-08, for the first time, the major media consciously are covering …
Discussion: Power Line and The Strata-Sphere
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 …
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.
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.
Victor Davis Hanson / The Corner:
And the Media Worries about Palin's Experience and McCain's Age?  —  I think in the space of about the last 24 hours, Joe Biden claimed that the AIG bailout was bad, but then said it wasn't bad;  —  that his apology about the dirty McCain ad was, as they say, inoperative;
Chicago Tribune:
How rivals will seek edge in 1st debate  —  Faceoff could be crucial with election up for grabs  —  WASHINGTON — If John McCain calls Barack Obama “my friend” in Friday night's first presidential debate, Obama might want to duck for cover.  It's not a compliment.  In fact, it's usually laced with a tone of contempt.
 
 
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 More Items: 
Gary Langer / ABCNEWS:
Blacks' Political Engagement Spikes, Though Racial Divisions Remain Deep
Discussion: Oliver Willis
Ben Smith / Ben Smith's Blogs:
Obama: ‘Stem Cell’
Myglesias / Matthew Yglesias:
Why Is There Something Rather Than Nothing?
Discussion: Outside The Beltway
New York Times:
For Palin in New York, a Predebate Introduction to Motorcade Diplomacy
 Earlier Items: 
Paul Slansky / The Huffington Post:
A Note to Bill Clinton
Discussion: NewsBusters.org
Media Matters for America:
Time 's Carney claimed new McCain ad …
SilentPatriot / Crooks and Liars:
Chuck Schumer to Sec. Paulson: Why $700 billion?  Why not $150 billion?