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1:15 PM ET, September 26, 2008

memeorandum

 Top Items: 
The Politico:
McCain will go to debate  —  Sen. John McCain (R-Ariz.) ended three days of suspense on Friday morning and announced that he will leave bailout negotiations in Washington and fly to Oxford, Miss., for the opening presidential debate.  —  McCain had previously said that he would suspend …
RELATED:
Chris Cillizza / Washington Post:
McCain Wins Debate  —  Although the fate of tonight's presidential debate in Mississippi remains very much up in the air, John McCain has apparently already won it — if you believe an Internet ad an astute reader spotted next to this piece in the online edition of the Wall Street Journal this morning.
New York Times:
Fate of Bailout Plan Remains Uncertain  —  WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation.  It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas …
The Caucus:
Debate Is On  —  11:52 a.m. |  Updated: Senator John McCain's campaign said Friday morning that he will attend tonight's debate with Senator Barack Obama at the University of Mississippi, reversing his earlier call to postpone the debate so he could participate in the Congressional negotiations …
Fox News:
Huckabee Calls McCain Debate Ploy a ‘Huge Mistake’  —  MOBILE, Ala. — Former Arkansas Gov. Mike Huckabee said Thursday that Sen. John McCain made a “huge mistake” by even discussing canceling the presidential debate with Sen. Barack Obama.  —  McCain's campaign has said the Republican …
Associated Press:
McCain will attend debate, campaign says  —  Candidate previously said he wouldn't debate without bailout deal in place  —  WASHINGTON - Republican John McCain agreed to attend the first presidential debate Friday night even though Congress doesn't have a bailout deal …
Patrick Healy / New York Times:
McCain Decides to Participate in Debate  —  Senator John McCain's campaign said Friday morning that he will attend tonight's debate with Senator Barack Obama at the University of Mississippi, reversing his earlier call to postpone the debate so he could participate in the Congressional negotiations …
Discussion: Matthew Yglesias
Hope Ditto / Political Radar:
McCain to House GOP: We Need a Deal
Discussion: Hot Air and The Other McCain
The Campaign Spot:   Why Did McCain Decide to Go to the Debate Tonight?
Alan Fram / Associated Press:
AP poll: Few support Bush's market rescue plan
Discussion: The Crypt's Blogs
Allahpundit / Hot Air:
Debate commissioner: If McCain doesn't show, it's cancelled …
Discussion: Stop The ACLU and Jules Crittenden
John Paulson / Wall Street Journal:
The Public Deserves a Better Deal
Discussion: protein wisdom and Washington Post
New York Times:
McCain Leaps Into a Thicket
Marc Ambinder:
McCain Will Attend The Debate
Discussion: The Daily Dish
Associated Press:
Bailout deal breaks down; Paulson back to Capitol
Discussion: Right Wing News
CNN:   Game on: McCain campaign says he'll be at debate
David Brooks / New York Times:
Thinking About McCain  —  I've been covering John McCain steadily for a decade.  A few years ago, I worked on a book, which I foolishly never completed, on the U.S. Senate with McCain as the central character.  So when I step back and think of McCain, even in the heat of this campaign …
RELATED:
The New Republic:
Putting Country Last  —  I don't know John McCain as well as David Brooks does.  In fact, I don't know him personally at all.  But I covered his 2000 and 2008 primary campaigns, and I spent considerable time interviewing him, including several long interviews I did for a profile in 2006.
William Kristol / Weekly Standard:
McCain's Choice  —  Is there a third way?  —  The McCain campaign is now trying to broker a deal between House Republicans, Treasury Secretary Paulson, and the Democrats.  This will be tough—but it's worth a shot.  —  If it works, fine.  If it fails, McCain will have, I think, three alternative paths:
RELATED:
Hugh Hewitt / Townhall.com:
Memo To House Republicans  —  Here's a shocker: No one likes the risks involved in Paulson 2.0 or the precedent of using so much public money to rescue reckless bankers, both private and semi-private..  —  But there is a very good chance that (1) it will actually make money for the Treasury and …
Patrick O'Connor / The Crypt's Blogs:
Boehner letter to Pelosi
Discussion: Don Surber
Frank James / The Swamp:
House GOP rebranding and bailout clash
Stephen F. Hayes / Weekly Standard:
Depends on the Meaning of ‘Close’
Kathleen Parker / National Review:
Palin Problem  —  If at one time women were considered heretical for swimming upstream against feminist orthodoxy, they now face condemnation for swimming downstream — away from Sarah Palin.  —  To express reservations about her qualifications to be vice president — and possibly president — is to risk being labeled anti-woman.
RELATED:
Slate:
SLATE PREDICTS MCCAIN'S NEXT 10 HAIL MARY STUNTS.  —  1. Returns to Vietnam and jails himself.  —  2. Offers the post of “vice vice president” to Warren Buffett.  —  3. Challenges Obama to suspend campaign so they both can go and personally drill for oil offshore.  —  4. Learns to use computer.
Discussion: MoJoBlog and Political Machine
Wall Street Journal:
WaMu Seized, Sold Off to J.P. Morgan; Deal, Bailout Delay Rattle Investors  —  In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. late Thursday and struck a deal to sell the bulk of its operations to J.P. Morgan Chase & Co.
Discussion: The Swamp
The Politico:
Suggest one question for the foreign policy debate and for extra credit, what is McCain thinking?  —  Do we really want to bring Georgia into NATO and risk sending American sons and daughters to remote mountainous inland Asia in coming years to fight nuclear-armed Russia over a territorial dispute involving …
Washington Post:
Away from Wall Street, Economists Question Basis of Paulson's Plan  —  The Bush administration's pitch for a sweeping bailout of the financial system has centered on two simple premises: that the economy could suffer a crippling downturn if action is not taken very quickly and that this action …
Paul Krugman / New York Times:
Where Are the Grown-Ups?  —  Many people on both the right and the left are outraged at the idea of using taxpayer money to bail out America's financial system.  They're right to be outraged, but doing nothing isn't a serious option.  Right now, players throughout the system are refusing …
 
 
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 More Items: 
Washington Times:
LIVE CHAT 11 A.M.: McCain economist Nancy Mitchell Pfotenhauer
Paul Kiel / ProPublica:
Palin Defends Construction of ‘Road to Nowhere’
Discussion: The Huffington Post
Mark Sanford / Washington Post:
A Bailout for All Our Bad Decisions?
Discussion: Townhall.com
The Politico:
McCain's temperament again an issue
Discussion: Marc Ambinder
Michael Dobbs / Washington Post:
Four Pinocchios for Biden's Tax Fabrication
Discussion: Gateway Pundit and Hot Air
Myglesias / Matthew Yglesias:
Palin on the Bailout  —  Sarah Palin gives her view of the economic crisis:
 Earlier Items: 
Jack Fowler / The Corner:
ACORN — NUTS!  —  So a huge chunk of this proposed bailout …
Discussion: PR Newswire
David Kurtz / Talking Points Memo:
CHANNELING HERBERT HOOVER
John McCormack / Weekly Standard:
Barney Frank Slams McCain
Discussion: The Hill
Reason:
The Great Bailout Brouhaha
Discussion: Right Wing Nut House, EconLog and QandO