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9:50 AM ET, September 30, 2008

memeorandum

 Top Items: 
David Brooks / New York Times:
Revolt of the Nihilists  —  In 1933, Franklin Roosevelt inherited an economic crisis.  He understood that his first job was to restore confidence, to give people a sense that somebody was in charge, that something was going to be done.  —  This generation of political leaders is confronting …
RELATED:
Wall Street Journal:
The Beltway Crash  —  Congress lives up to its 10% approval rating.  —  America has survived a feckless political class in the past, and it will again after this week.  But Monday's crash and burn of the Paulson plan on Capitol Hill reveals a Washington elite that has earned every bit of the disdain that Americans have for it.
Discussion: Washington Monthly
Victor Davis Hanson / The Corner:
A Defining Moment  —  The stage is set for someone to play Washington, Lincoln, or Churchill.  An entire generation of leadership is failing, as the world watches aghast.  —  Greedy Wall Street hot shots are worse than discredited.  —  Rep. Nancy Pelosi at the hour of national crisis proved …
Washington Post:
An Appeal and a Blame Game
Discussion: marbury
Washington Post:
How the Numbers Failed the Leaders
Discussion: Townhall.com
Paul Krugman:
OK, we are a banana republic
Rex Nutting / MarketWatch:
House to Wall Street: Drop dead
Klaus Marre / The Hill:
Republicans fault Pelosi speech for bailout's failure
Jared Allen / The Hill:
The bailout implodes  —  The historic $700 billion bill aimed …
Discussion: Firedoglake
Glenn Reynolds / Pajamas Media:
A READER AT A MAJOR NEWSROOM EMAILS: “Off the record, every suspicion you have about MSM being in the tank for O is true.  We have a team of 4 people going thru dumpsters in Alaska and 4 in arizona.  Not a single one looking into Acorn, Ayers or Freddiemae.  Editor refuses to publish anything …
Roger Simon / The Politico:
Biden's strategy: Go easy on Palin  —  If Sarah Palin goofs, flounders, stumbles or blunders during her debate against Joe Biden on Thursday night, Biden is going to let it slide.  —  “If she makes a gaffe, he underplays it,” one of the people prepping Biden for his vice presidential debate told me.
RELATED:
Adam Nagourney / New York Times:
Concerns About Palin's Readiness as a Big Test Nears  —  Gov. Sarah Palin is heading into a critical debate facing challenges about her credentials and signs that her popularity is slipping.
Discussion: TIME.com and The Corner
Perry Bacon Jr / Washington Post:
Democrats See the Pros and Cons of Letting Biden Be Biden
Discussion: Top of the Ticket
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.
RELATED:
CBS News:
Exclusive: McCain, Palin Answer Critics  —  Katie Couric Asks Palin If She Contradicted McCain On Pakistan And Her Response To GOP Criticism … Katie Couric: Over the weekend, Gov. Palin, you said the U.S. should absolutely launch cross-border attacks from Afghanistan into Pakistan to …
Natalie Gewargis / Political Punch:
McCain, Palin & Energy Flubs
Washington Post:
Treasury, Fed Low on Rescue Options  —  The failure of the $700 billion bailout bill leaves Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke with few options to continue their urgent campaign to rescue the financial system.
Discussion: TIME.com
RELATED:
New York Times:
With Deal's Collapse, the McCain Camp Attacks  —  Besides stockholders whose portfolios were ravaged, the one person with the most riding on the bailout bill that collapsed in Congress may have been Senator John McCain.
Jacques Steinberg / New York Times:
With Brokaw as Elder Statesman, NBC Plans Future of ‘Meet the Press’  —  WASHINGTON — Sometime between Election Day and early December, NBC News will make a final decision about who will replace Tim Russert and his interim successor, Tom Brokaw, at the helm of “Meet the Press,” Steve Capus …
Discussion: Think Progress
Patrick / FishBowlDC:
Chris Matthews Interviews His Daughter...Without Disclosing It  —  On Friday's “Hardball,” Chris Matthews interviewed a number of student members of the group Concerned Youth of America.  —  One of those students — Caroline — is his daughter, a student at the University of Pennsylvania.
Jackie Calmes / New York Times:
News Analysis: In Bailout Vote, a Leadership Breakdown  —  As the world looked to the United States to contain the economic crisis, American political leadership faltered.
Washington Post:
Wall St. Problems Viewed as ‘Crisis’ in Latest Poll  —  Most Americans see the current financial situation as a “crisis,” and there is overwhelming concern that the failure of the House of Representatives to pass the economic recovery package will deepen the problem, according to a new Washington Post-ABC News poll.
Discussion: TalkLeft
Bob Herbert / New York Times:
When Madmen Reign  —  Madness.  —  I'm not holding my breath, but I would like to see the self-proclaimed conservative, small government, anti-regulation, free-market zealots step up and take responsibility for wrecking the American economy and bringing about the worst financial crisis since the Depression.
Megan McArdle:
The politics of the bill  —  There is no glory to go around here.  Assume, arguendo, that most people in the House believed both that the bill would be passed, and that anyone who voted for it would suffer politically, except maybe in New York.  —  Pelosi screwed up royally.  She is the Democratic Tom DeLay.
Mona Charen / Real Clear Politics:
ACORN, Obama, and the Mortgage Mess  —  The financial markets were teetering on the edge of an abyss last week.  The secretary of the Treasury was literally on his knees begging the speaker of the House not to sabotage the bailout bill.  The crash of falling banks made the earth tremble.
New York Sun:
Ideal of the Scoop  —  Following are excerpts of remarks by the Editor of the Sun, Seth Lipsky, to the newspaper's staff:  —  It is my duty to report today that Ira Stoll and I and our partners have concluded that the Sun will cease publication.  Our last number will be the issue dated September 30, the first day of Rosh Hashanah.
Discussion: Hot Air and Gawker
 
 
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 More Items: 
Digby / Hullabaloo:
Progressive Shock Doctrine
Discussion: TalkLeft, First Draft and Blog entry
James Barron / New York Times:
Losing Money, New York Sun Is to Shut Down After 6 Years
Discussion: AMERICAblog News
Jenny Lee-Adrian / Poughkeepsie Journal:
Errant e-mail costs GOP chief post
Hartford Courant:
Dodd Cites His Record
Discussion: The Swamp and Top of the Ticket
Robert Baer / NY Daily News:
Bet on Israel bombing Iran
 Earlier Items: 
Arnold Kling / EconLog:
Revolt of the Elites  —  I am getting ready to take a couple days off from blogging.
Discussion: Eunomia
Ed Morrissey / Hot Air:
Party like it's 1999 redux: The New York Times predicted Fannie Mae failure
Discussion: THE ASTUTE BLOGGERS
Kathryn Jean Lopez / The Corner:
Can You Blame Americans If They Wonder?
Discussion: Scared Monkeys
Megan McArdle:
Prisoner's dilemma  —  Dan Drezner has a great post:
Discussion: Hot Air
Andy McCarthy / The Corner:
I respectfully dissent  —  I do not understand why those who've voted …
Discussion: Power Line
Rasmussen Reports:
FOX/Rasmussen Swing State Polling - September 28, 2008