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6:45 AM ET, September 16, 2008

memeorandum

 Top Items: 
New York Times:
Fed Takes Steps to Aid A.I.G.  —  Major credit ratings agencies downgraded the American International Group late Monday, worsening its financial health, as Federal Reserve officials and two leading investment banks were in urgent talks to put together a $75 billion line of credit to stave off a crisis at the company.
RELATED:
Jackie Calmes / New York Times:
In Candidates, 2 Approaches to Wall Street  —  WASHINGTON — The crisis on Wall Street will leave the next president facing tough choices about how best to regulate the financial system, and although neither Senator Barack Obama nor Senator John McCain has yet offered a detailed plan …
Stephen Labaton / New York Times:
Wall Street in Worst Loss Since 2001
Discussion: Truthdig
Spiegel Online:
Banks Won't Be as Profitable in Future
Discussion: Shakesville
Ben Smith / The Politico:
A tanning bed in the Governor's Mansion  —  Sarah Palin brought one unusual accessory to the Alaska Governor's mansion after moving in last year: A tanning bed.  —  Al Giordano's NarcoNews first reported that Palin had the apparatus installed in the mansion in Juneau, and a spokesman …
RELATED:
Rachel Paula Ab... / Us Weekly:
Sarah Palin Installed Tanning Bed at Governor's Mansion  —  Self-proclaimed “hockey mom” Sarah Palin had a private tanning bed installed in the Governor's Mansion in Juneau, Alaska, Usmagazine.com confirmed on Monday.  —  “She did.  She paid for it with her own money,” Roger Wetherell …
Discussion: Truthdig and NewsBusters.org
Richard Cohen / Washington Post:
The Ugly New McCain  —  Following his loss to George W. Bush in the 2000 South Carolina primary, John McCain did something extraordinary: He confessed to lying about how he felt about the Confederate battle flag, which he actually abhorred.  “I broke my promise to always tell the truth,” McCain said.
Wall Street Journal:
Why Obama's Health Plan Is Better  —  The big threat to growth in the next decade is not oil or food prices, but the rising cost of health care.  The doubling of health insurance premiums since 2000 makes employers choose between cutting benefits and hiring fewer workers.
Discussion: Grasping Reality …
RELATED:
Bob Herbert / New York Times:
McCain's Radical Agenda  —  Talk about a shock to the system.  Has anyone bothered to notice the radical changes that John McCain and Sarah Palin are planning for the nation's health insurance system?  —  These are changes that will set in motion nothing less than the dismantling …
Discussion: Liberal Values and Kevin Drum
CNN:
Powell still undecided, says Obama win would be ‘electrifying’  —  (CNN) — Former Bush Secretary of State Colin Powell said Monday that he has not yet decided which candidate to back in this year's presidential race.  —  The election of an African-American president “would be electrifying …
Discussion: TIME.com
RELATED:
Barry Schweid / Associated Press:
Five ex-secretaries of state urge talks with Iran
Discussion: GINA COBB
John Amato / Crooks and Liars:
Obama to McCain: Senator - what economy are you talking about?  —  Obama calls out McCain on his lack of knowledge on all things that are job related.  McCain can't even understand today's financial news...
RELATED:
Ben Smith / The Politico:
New Obama ad hits McCain on pay for women  —  A new, and unreleased, Obama ad, airing (at least) in Virginia, attacks McCain for his opposition to legislation requiring women receive equal pay for equal work.  —  The ad says women are paid 77 cents on the dollar, and the female narrator says …
Discussion: MyDD and TIME.com
RELATED:
The Huffington Post:
Obama Lays Out Plans To Woo Women Voters: Forget Palin, Focus On Equal Pay
Discussion: Daily Kos
Ann Althouse / Althouse:
“What's happened to John McCain?  He's running the sleaziest ads ever.  Truly vile.”  —  “Dishonest smears that he repeats, even after it's been exposed as a lie.  Truth be damned.  A disgraceful, dishonorable campaign... It seems deception is all he has left.”  —  That's the voiceover on this new Obama ad:
David Brooks / New York Times:
Why Experience Matters  —  Philosophical debates arise at the oddest times, and in the heat of this election season, one is now rising in Republican ranks.  The narrow question is this: Is Sarah Palin qualified to be vice president?  Most conservatives say yes, on the grounds that something …
Discussion: Eunomia and The RBC
Associated Press:
Palin won't meet with ‘Troopergate’ investigator  —  Campaign says governor won't cooperate because investigation is ‘tainted’  —  ANCHORAGE, Alaska - A campaign spokesman says Alaska Gov. Sarah Palin won't speak with an investigator hired by lawmakers to look into the firing of her public safety commissioner.
RELATED:
Shelby Grad / L.A. Now:
Could Obama and Barbra break a record in Beverly Hills?  —  The polls are one thing, but it sounds like Barack Obama might make progress in other ways during two ultra-rich Beverly Hills fund-raisers Tuesday.  According to Politico, the events could raise more than $9 million, which, if it happens, would be a one-day record.
Discussion: TIME.com
RELATED:
Lee Speigel / Political Punch:
Palin and the Teleprompter  —  At a fundraiser in Canton, Ohio, this evening, Alaska Gov. Sarah Palin had an interesting description of her speech to the Republican convention.  —  “There Ohio was right out in front, right in front of me,” Palin said.  “The teleprompter got messed up …
Dan Gilgoff / God-o-Meter:
Obama Rolls Out New Line of Faith Merchandise  —  God-o-Meter has learned that the Obama campaign is about to email religious supporters an annoucnement about a new line of Obama faith merchandise—bumper stickers, buttons, and signs with three different messages, featured here—along with the following note:
RELATED:
CNN:
Obama campaign rolls out new ‘faith merchandise’
Mark Hemingway / The Corner:
Obamaphiles Drowning Out Criticism Again  —  Chicago Talk Radio Host Milt Rosenberg had NRO's own David Freddoso, author of The Case Against Barack Obama, his show tonight.  Rosenberg's producer emails to say that they're again trying to silence Freddoso, just like they did when Stanly Kurtz was on recently:
Byron York / National Review:
On Sex-Ed Ad, McCain Is Right  —  In recent days, a consensus has developed among the Obama campaign and commentators in the press that John McCain has decided to lie his way to the White House.  Exhibit A in this new consensus is McCain's ad, released last week, claiming that Barack Obama's …
Matt Stoller / Open Left:
This is Weird  —  That's Mitt Romney calling McCain out on lying, following on Karl Rove's assertions that McCain has “gone too far.”  This is starting to look coordinated, and Rove doesn't speak out of turn for no reason.  Either there are some very angry conservative insiders knifing …
Christopher Hitchens / Slate:
Pakistan Is the Problem  —  AND BARACK OBAMA SEEMS TO BE THE ONLY CANDIDATE WILLING TO FACE IT.  —  An excellent article by Fraser Nelson in London's Spectator at the end of July put it as succinctly as I have seen it: … “Don't mention the war,” as Basil insists with mounting hysteria in Fawlty Towers.
 
 
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 More Items: 
Ed Morrissey / Hot Air:
Obama: Guess who wins the mudslinging match?
Jim Rutenberg / New York Times:
In Spanish, McCain Criticizes Obama on Immigration
Discussion: TalkLeft
Sean Quinn / FiveThirtyEight.com:
Dems Must Give Voters Explicit Permission To Like Palin
Discussion: Media Blog
Elizabeth Benjamin / NY Daily News:
Vito Fossella wants back on ballot
Ari Levy / Bloomberg:
WaMu Rating Lowered to Junk by S&P on Mortgage Losses
Discussion: Left in the West and Slog
Dr. Rusty Shackleford / The Jawa Report:
Report: Blogger Thwarts al Qaeda 9/11 Anniversary Plans **bumped**
Discussion: The Other McCain
Megan McArdle:
Obama goes for the jungular
Discussion: Suitably Flip and Hullabaloo
Ali / Think Progress:
George Allen: 'Americans are not addicted to oil, they're addicted to freedom.'
 Earlier Items: 
Stephen Spruiell / The Corner:
Don't Do It  —  I'm hearing disconcerting rumors that McCain …
Discussion: The Other McCain
Ian Welsh / Firedoglake:
As the Markets Plunge, Bernanke and Paulson Gamble Depositors Money
Greg Sargent / TPM Election Central:
New Ad Stars Fellow McCain POW Suggesting He's Unfit To Be President
David Talbot / Salon:
The pastor who clashed with Palin
Brendan Farrington / Associated Press:
McCain says Obama didn't call Palin a pig
Ben Smith / The Politico:
Bloomberg agrees with McCain: Economy ‘fundamentally ... strong’
Greg Gutfeld / The Huffington Post:
SARAH PALIN'S MURDEROUS WEB OF DEATH