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8:05 PM ET, September 29, 2008

memeorandum

 Top Items: 
Jeffrey Goldberg:
Sarah Palin Endorses Hamas  —  How can it be that some people still pretend that Sarah Palin is suited for high office?  This country has never seen someone so comprehensively unprepared for the vice presidency; Dan Quayle was Metternich by comparison.  I've watched Sarah Palin's interview …
RELATED:
Jonathan Martin / Jonathan Martin's Blogs:
In reintroduction, Palin to do more interviews and “tell her story”  —  Tacitly acknowledging criticism that she's been diminished in part by an overly protective media shield, Sarah Palin will take a more forward-leaning approach and do additional interviews in the weeks ahead, a top aide said today.
Discussion: Donklephant and Oliver Willis
Howard Kurtz / Washington Post:
‘Substantive’ Press Is Taken for a Spin  —  OXFORD, Miss. — David Axelrod was surrounded by a pack of camera-toting, mike-wielding, pushing-and-shoving media types, one of whom asked whether his man Barack Obama had been “too nice” in the just-completed debate with John McCain.
Ben Smith / Ben Smith's Blogs:
More to come from Palin-Couric  —  Howie Kurtz raised some eyebrows by reporting this morning that “the worst may be yet to come for Palin; sources say CBS has two more responses on tape that will likely prove embarrassing.”  —  A source familiar with CBS News' plans clarified that this is part of the …
Discussion: The Swamp
Andrew Malcolm / Top of the Ticket:
How Democrats set Sarah Palin up to ‘win’ Thursday's VP debate
Discussion: Newshoggers.com
Alexandra Twin / CNNMoney.com:
Stocks crushed  —  Dow down 778, worst point drop ever, after the House rejects the $700 billion bank bailout plan.  —  NEW YORK (CNNMoney.com) — Stocks skidded Monday afternoon, with the Dow's nearly 778-point drop being the worst single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan.
RELATED:
Marc Ambinder:   A Failure To Communicate (What We Have Here)  —  John McCain has a fundamental problem.
David Kurtz / Talking Points Memo:
THAT MEAN, NASTY NANCY PELOSI
Discussion: Spin Cycle and TheZoo
David Kurtz / Talking Points Memo:
IT HURT THEIR FEELINGS?  —  Rep. Barney Frank (D-MA) …
Mark Silva / The Swamp:
Wall Street bailout: Congress ‘must move’
Discussion: The Crypt's Blogs
Mike Allen / The Politico:
McCain takes credit for bill before it loses  —  Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition - hours before the vote failed and stocks tanked.  —  The rush to claim he had engineered a victory now looks like a strategic blunder …
RELATED:
The Politico:
McCain blames Obama for bailout defeat
Washington Wire:
McCain Blames Obama and Democrats, Despite Lopsided Vote
Discussion: MyDD
Paul Krugman:
OK, we are a banana republic  —  House votes no. Rex Nutting has the best line: House to Wall Street: Drop Dead.  He also correctly places the blame and/or credit with House Republicans.  For reasons I've already explained, I don't think the Dem leadership was in a position to craft a bill …
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New York Times:
House Rejects Bailout Package, 228-205; Stocks Plunge  —  WASHINGTON — In a moment of historic import in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry.  The vote came in stunning defiance of President Bush …
Paul Krugman:
Bailout questions answered  —  I'm being asked two big questions about this thing: (1) Was it really necessary?  (2) Shouldn't Dems have tossed the whole Paulson approach out the window and done something completely different?  —  On (1), the answer is yes.
Michelle Malkin:
Nancy Pelosi's bailout attack speech on the House floor; Update: Pence statement added  —  I noted it during my liveblog of the House debate.  Here's a video sample of her crap sandwich.  As I mentioned while it was happening, she received multiple rounds of applause on the floor before and after her spittle-flecked statement.
RELATED:
Mark Halperin / TIME.com:
Rep. Pelosi's Remarks on Floor Ahead of House Bailout Vote  —  Her remarks, as prepared for delivery, according to Rep. Pelosi's office:  —  “Madam Speaker, when was the last time someone asked you for $700 billion?  —  It is a number that is staggering, but tells us only the costs …
SilentPatriot / Crooks and Liars:
Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings
Discussion: Politics Blog
Ben Smith / Ben Smith's Blogs:
McCain blames Obama, not House GOP, for House vote
William Kristol / Weekly Standard:
McCain's Moment  —  No one wants to take ownership of the task of rescuing the economy right now.  The Bush-Paulson plan has failed.  The administration, House Democrats, and House Republicans (above all) have all proved unable to deliver.  But there is someone who might be able to save the economy …
Discussion: Democratic Strategist
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Ross Douthat:
A Fourth Scenario  —  Per Kristol: John McCain flies …
Discussion: American Spectator
Rasmussen Reports:
Opposition to Bailout Plan Falls Dramatically  —  As Congress prepares to vote on a proposed economic rescue plan, opposition to the measure has declined significantly.  A Rasmussen Reports national telephone survey conducted Sunday found that 33% of Likely Voters now favor the plan while 32% are opposed and 35% are not sure.
Discussion: Donklephant and Eunomia
RELATED:
Ross Douthat:
Three Scenarios  —  The best case: This is an example …
Discussion: The American Scene
Nate Silver / FiveThirtyEight.com:
Swing District Congressmen Doomed Bailout  —  This was predictable, I suppose, but it's remarkable to see how strong a relationship there is between today's failed vote on the bailout and the competitive nature of different House races.  —  Among 38 incumbent congressmen in races rated as …
Bloomberg:
Fed Pumps Further $630 Billion Into Financial System  —  Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
Discussion: Firedoglake and Crooks and Liars
Ezra Klein / American Prospect:
A FAILURE OF POLITICS.  —  The final vote was 205 in favor, 228 against.  This is a huge failure.  A revolt of the incumbents.  More Republicans voted to kill the bill than did Democrats, but not by that much.  The leadership of both parties were whipping in the bills favor.
RELATED:
Jonathan Martin / Jonathan Martin's Blogs:
Obama sought rape victim for ad  —  Barack Obama's campaign earlier this month sought to find a rape victim to appear in a campaign commercial, according to an e-mail obtained by Politico.  —  Kiersten Steward, director of public policy at the Family Violence Prevention Fund …
 
 
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 More Items: 
Associated Press:
House defeats financial industry bailout bill
Mark Knoller / CBS News:
Bush Administration Adds $4 Trillion To National Debt
Ian Welsh / Firedoglake:
Give Paulson 150 Billion and Come Back In January and Do it RIGHT …
Amb. Richard C. Holbrooke / The Huffington Post:
Calm, Methodical Obama vs. Angry, Ungracious McCain
Discussion: Swampland
Tom Jensen / Public Policy Polling:
Obama takes the lead in North Carolina
 Earlier Items: 
Michelle Malkin:
Breaking: It's official. …
Josh Marshall / Talking Points Memo:
COMIC RELIEF  —  Minority Leader Boehner (R-OH) says it's …
Brad Flora / Windy Citizen Full Feed:
Chicago dive bar scores hit with nude Sarah Palin portrait
Discussion: Gawker and Wake up America
Stanley Kurtz / New York Post:
O'S DANGEROUS PALS
Discussion: Power Line and Hot Air