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4:55 PM ET, September 25, 2008

memeorandum

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Nitya / Political Radar:
Bill Clinton: Don't ‘Overly Parse’ McCain Request to Delay Debate  —  ABC News' Nitya Venkataraman Reports: Former President Bill Clinton defended Sen. John McCain's request to delay the first presidential debate, saying McCain did it in “good faith” and pushed organizers to reserve …
David M. Herszenhorn / New York Times:
Lawmakers Seem Near Deal on Bailout  —  WASHINGTON — Lawmakers indicated Thursday that they were close to hashing out an agreement on a proposed $700 billion bailout of the financial system, hours before a meeting at the White House to complete the deal.  —  After Congressional staff members …
Mark Finkelstein / NewsBusters.org:
Schieffer: Paulson Pleaded for McCain to Save Bailout  —  So much for a “stunt.”  —  John McCain got involved in the bailout negotiations after Treasury Secretary Henry Paulson told Sen. Lindsey Graham yesterday that the bailout plan would fail unless McCain came in and brought balky Republicans aboard.
Jackie Kucinich / The Hill:
House GOP: We have leverage on bailout  —  House Republicans say they have significant leverage on the revamped bailout package, claiming that Democrats will scramble for votes unless they make changes to it.  —  Republicans in the lower chamber are balking at the bailout package …
Discussion: Swampland and Dean's World
Ryan Grim / The Crypt's Blogs:
Frank: Republicans “winced” when McCain was mentioned in meeting
Noel Sheppard / NewsBusters.org:
Fox News Blames Democrats for Financial Crisis, Bill Clinton Agrees
Discussion: pw
Jim Oliphant / The Swamp:
Bailout: Tentative deal reached
Discussion: The Crypt's Blogs
Marc Ambinder:
Being Close To Russian Entails......  The next installment in Katie Couric's interview with Gov. Sarah Palin.  —  Watch CBS Videos Online  —  COURIC: You've cited Alaska's proximity to Russia as part of your foreign policy experience.  What did you mean by that?
RELATED:
Steve Benen / Washington Monthly:
PALIN'S UNIQUE SPIN ON THE BAILOUT.... When Sarah Palin sat down with ABC's Charlie Gibson a couple of weeks ago, it was a fairly dominant story.  Palin's interview yesterday with CBS's Katie Couric is drawing significantly less attention, obviously because it's facing tougher competition from other news developments.
Myglesias / Matthew Yglesias:
The Russian Route  —  Some puzzling remarks from Sarah Palin …
Discussion: Associated Press
Kevin Hechtkopf / CBS News:
In CBS Interview, Palin Calls For Surge In Afghanistan
Discussion: Firedoglake and The World Newser
Jason Zengerle / The New Republic:
A Semi-Defense of Sarah Palin
Discussion: Washington Wire
Frank James / The Swamp:   Sarah Palin fears Russians over Alaska?
Peter Hamby / CNN:
Palin takes questions from press corps for first time  —  NEW YORK (CNN) — Sarah Palin took questions from her traveling press corps Thursday for the first time since being tapped as John McCain's running mate.  —  Speaking to a small pool of reporters following a visit to Ground Zero in lower Manhattan …
RELATED:
Hotline On Call:
Palin Speaks  —  Sarah Palin's Ground Zero Q and A — per CNN's Peter Hamby — is available after the jump.  —  PALIN: Every American student needs to come through this area so that, especially this younger generation of Americans is, to be in a position of never forgetting what happened …
The Huffington Post:
Obama Will Make Debate A Townhall If McCain Doesn't Show  —  UPDATE: An adviser Barack Obama says he expects John McCain to attend: … Barack Obama is committed to hosting a public, televised event Friday night in Mississippi even if John McCain does not show up, an official close to the Obama campaign tells the Huffington Post.
RELATED:
Ross Douthat:
An Election About Nothing
Discussion: Commentary and Eunomia
Bob Cusack / The Hill:
McCain has not sponsored a banking bill this Congress  —  Republican presidential nominee John McCain has not introduced any banking or housing bills in the 110th Congress, while Democratic rival Barack Obama has proposed five.  —  Both candidates are traveling to Washington on Thursday …
Taegan Goddard / Political Insider:
Is McCain Preparing to Vote Against the Bailout Bill?  —  Last night around 8:30 p.m., Sen. Barack Obama and Sen. John McCain released a “joint statement” pertaining the the crisis in the financial markets: … However, the Obama campaign also released a “set of principles” that Obama wanted McCain to support.
RELATED:
Jonathan Martin / Jonathan Martin's Blogs:
Nope, nothing campaign-related here  —  McCain met with congressional leaders earlier today and has now returned to his Senate office.  But it's increasingly implausible to think that what he's doing is anything different than he'd be doing on the campaign trail, except he's in person now instead of on his cell phone.
Discussion: Salon
RELATED:
Gallup:
Gallup Daily: Race Back to a Tie at 46% Each  —  PRINCETON, NJ — John McCain has gained ground and is now tied with Barack Obama among registered voters in the latest Gallup Poll Daily tracking update for Sept. 22-24, with each candidate getting 46% support.
Discussion: The New Republic and Hot Air
Jonathan Martin / Jonathan Martin's Blogs:
What liberals are up in arms about this morning  —  McCain revealed in an interview with a Cleveland TV station Tuesday that he hadn't yet read the administration's three-page bailout proposal.  —  “I have not had a chance to see it in writing,” McCain said.  “I have to examine it.”
Charlotte Bailey / Telegraph:
Hugh Hefner to sack Playboy bunnies amid financial crisis  —  Playboy bunnies have become the latest victim of the credit crunch.  —  Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil.
Discussion: Gawker
Martin Kady II / The Crypt's Blogs:
McCain huddling with Boehner, Kyl to rally GOP support  —  The Senate clearly doesn't need McCain's help in pushing through the bailout deal, so McCain has returned to the Capitol and is meeting in Minority Leader John Boehner's office to discuss the legislation.
Discussion: The Swamp and TIME.com
James K. Galbraith / Washington Post:
A Bailout We Don't Need  —  Now that all five big investment banks — Bear Stearns, Merrill Lynch, Lehman Brothers, Goldman Sachs and Morgan Stanley — have disappeared or morphed into regular banks, a question arises.  —  Is this bailout still necessary?  —  The point of the bailout …
Josh Wolk / EW.com:
Jon Stewart and Stephen Colbert: Mock the Vote  —  With just five weeks left until election day, our favorite pundits discuss the power of Sarah Palin, why TV news is about as credible as Muzak, and whether Barack Obama is going to be “sworn in on a gay baby”
Chicago Sun Times:
Obama grant being probed  —  A $100,000 state grant for a botanic garden in Englewood that then-state Sen. Barack Obama awarded in 2001 to a group headed by a onetime campaign volunteer is now under investigation by the Illinois attorney general amid new questions, prompted by Chicago Sun-Times reports …
The Huffington Post:
McCain Campaign Still Active Across The Country  —  John McCain declared on Wednesday that he would suspend his run for the White House and return to Washington to help resolve the country's economic crisis.  But while the candidate himself left the trail, the campaign itself is decidedly still open for business.
 
 
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 More Items: 
Rich Lowry / The Corner:
Situation in House  —  A friend following it closely …
Reuters:
Era of U.S. financial dominance at an end: Germany
William Kristol / Weekly Standard:
A Presidential McCain  —  McCain's bold move could reframe the election—and win it.
Discussion: Commentary
Megan McArdle:
Reverse auctions  —  A number of readers have asked why I described …
Discussion: Greg Mankiw's Blog
Chad Pergram / Fox News:
Panel:House Democrats Botched Immigration Vote
Discussion: Michelle Malkin
Daniel W. Reilly / The Politico:
Reid: ‘No excuse’ for McCain
Matt Stoller / Open Left:
Pelosi: There's a Deal, Boenher: No Deal
 Earlier Items: 
Rigel Anderson / Political Radar:
Florida Congressman: Palin 'Don't Care Too Much What They Do With Jews and Blacks'
Discussion: Townhall.com
William Kristol / Weekly Standard:
Kristol: Can McCain Thread the Needle?
Andrew Sullivan / The Daily Dish:
Palin, Muthee And The “Israelites”
Reuters:
China banks told to halt lending to US banks-SCMP
David Levinson Wilk / The Politico:
Times puzzle is clueless about McCain
Discussion: Weekly Standard and Gawker