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1:50 PM ET, September 18, 2008

memeorandum

 Top Items: 
Washington Post:
McCain Slights Spanish Prime Minister  —  The Union Radio interview with John McCain on issues of interest to Hispanics was conducted in English and only later translated into Spanish for listeners.  The audio above is of the English-only interview.  —  By Glenn Kessler and Ed O'Keefe
RELATED:
Josh Marshall / Talking Points Memo:
EMBARRASSING  —  Well, we've heard the interview now.  And John McCain either doesn't know who the Prime Minister of Spain is, thinks Spain is a country in Latin America, or possibly both.  —  In case, you haven't seen our updates from last night, yesterday John McCain was interviewed …
David Kurtz / Talking Points Memo:
EL CID — IN ENGLISH  —  The original untranslated English version of John McCain's interview with Radio Caracol Miami has now been released.  —  Have a listen (the key passage about Spain starts at 2:58 in):  —  At first it sounds like McCain is taking a hard neocon line against Prime Minister Zapatero …
Lisa Abend / Time:
The Pain in Spain Falls Mainly on McCain  —  Sen. John McCain pauses as he speaks to supporters at the Winner Aviation hangar at the Youngstown-Warren Regional Airport  —  You gotta feel for José Luis Rodríguez Zapatero.  Here the Spanish prime minister is only four months …
Discussion: Talking Points Memo and Spin Cycle
Steve Benen / Washington Monthly:
MCCAIN'S PAIN IN SPAIN.... Following up on an earlier item …
Myglesias / Matthew Yglesias:   Sheunemann: McCain Just Doesn't Want to Meet With Spain's PM
Jonathan Martin / Jonathan Martin's Blogs:
McCain camp stands by tough talk on Spain
Josh Marshall / Talking Points Memo:
RANDY GIVES IT HIS BEST SHOT
Tim Fernholz / American Prospect:   VIVA (PRIME MINISTER) ZAPATERO!
Wall Street Journal:
Worst Crisis Since '30s, With No End Yet in Sight  —  The financial crisis that began 13 months ago has entered a new, far more serious phase.  —  Lingering hopes that the damage could be contained to a handful of financial institutions that made bad bets on mortgages have evaporated.
RELATED:
Washington Wire:
McCain Calls for Firing of SEC Commissioner
Discussion: Paul Kedrosky's …
Nicole Belle / Crooks and Liars:
ABC Calls Out McCain On His Financial Flip Flops
Barry Ritholtz / The Big Picture:   How SEC Regulatory Exemptions Helped Lead to Collapse
Douglass K. Daniel / Associated Press:
Biden: Paying higher taxes patriotic for wealthy  —  WASHINGTON - Democratic vice presidential candidate Joe Biden said Thursday that paying more in taxes is the patriotic thing to do for wealthier Americans.  In a new TV ad that repeats widely debunked claims about the Democratic tax plan …
Joseph Morton / Omaha World-Herald:
Sen. Hagel doubts Palin's ready  —  WASHINGTON — Sen. Chuck Hagel of Nebraska on Wednesday became the nation's most prominent Republican officeholder to publicly question whether Sarah Palin has the experience to serve as president.  —  “She doesn't have any foreign policy credentials,” Hagel said in an interview.
Kathleen Hennessey / Associated Press:
Obama mocks McCain in Nevada stops  —  Barack Obama sharpened his attacks on John McCain and mocked the Republican's recent calls for reform in two stops in Nevada on Wednesday after days of listening to nervous supporters fret about the Democrat's chances of taking the White House.
Nate Silver / FiveThirtyEight.com:
State of the Race: Is McCain In Trouble?  —  One of the unpleasant things you discover when you sit in major league baseball press boxes from time to time is that the press — or at least the print media — actually do not like close baseball games.  A walk-off home run or a blown save means …
Discussion: Washington Wire
Michael Cooper / The Caucus:
Palin Unscripted  —  Gov. Sarah Palin and Senator John McCain held a town-hall-style meeting Wednesday in Grand Rapids, Mich. (Photo: Todd Heisler/The New York Times)  —  GRAND RAPIDS, Mich. - As she took questions from voters for the first time since she was tapped as Senator John McCain's running mate …
Discussion: New York Times and Runnin' Scared
RELATED:
Steve Benen / Washington Monthly:
A PACKED HOUSE.... A few months ago, John McCain described …
Discussion: FOX Embeds and Crooks and Liars
Kristin Jensen / Bloomberg:
Democratic Congress May Adjourn, Leave Crisis to Fed, Treasury  —  Sept. 18 (Bloomberg) — The Democratic-controlled Congress, acknowledging that it isn't equipped to lead the way to a solution for the financial crisis and can't agree on a path to follow, is likely to just get out of the way.
Glen Johnson / Associated Press:
McCain aides: Obama ‘cheerleading’ market crisis  —  CEDAR RAPIDS, Iowa - Top aides to Republian John McCain are claiming Democrat Barack Obama and his advisers are exploiting Wall Street's financial problems for political gain.  —  Aide Steve Schmidt, who worked for the Bush-Cheney team in 2004 …
New York Times:
As Fears Grow, Wall St. Titans See Shares Fall  —  Editors' Note Appended  —  Even Morgan Stanley and Goldman Sachs, the two last titans left standing on Wall Street, are no longer immune.  —  To the surprise of executives within those firms, and their rivals, the stocks of these powerful companies …
George F. Will / Washington Post:
McCain's Closing Argument  —  Man is in love and loves what vanishes.  —  What more is there to say?  —  Conservatives, who reputedly have lumps of coal where their hearts should be, have fallen in love.  So have many people who are not doctrinal conservatives.
Domenico Montanaro / MSNBC:
FIRST THOUGHTS: BACK TO AUGUST?  —  From Chuck Todd, Mark Murray, Domenico Montanaro, and Carrie Dann  —  *** We're back to August?  This presidential contest has certainly been a roller-coaster ride.  And as we suggested yesterday, something in the race turned this week.
Rachel Lucas:
You're decent, but just confused and stupid.  —  Good morning, hillbilly mouth-breathers!  How are we today?  Did we put our shoes on the correct feet and wipe all the drool off our faces before heading outside to plant turnips and whup our kids?  Good, good.  —  Now go find a Democrat to help you read the rest of this post.
Discussion: Chicago Boyz
Valleywag:
Microsoft announcement tomorrow: No more Seinfeld ads!  —  Remember those awful Microsoft ads with Jerry Seinfeld and Bill Gates?  Well, now you can forget them.  Microsoft flacks are desperately dialing reporters to spin them about “phase two” of the ad campaign — a phase …
 
 
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 More Items: 
Yuval Levin / The Corner:
McCain on the Economy  —  In Iowa today, John McCain discussed …
Duane R. Patterson / Townhall.com:
Barack, uh, Obama's Inspirational Address To The Barbra Streisand …
Discussion: protein wisdom
The Politico:
Campaign-trail reporters sidelined
Discussion: FishBowlDC and Wonkette
Steve Benen / Washington Monthly:
OBAMA TAKES ON MCCAIN ON CHOICE.... For reasons that defy reason …
Discussion: Associated Press
 Earlier Items: 
City Journal:
The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities
Discussion: The Other McCain