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10:10 AM ET, September 19, 2008

memeorandum

 Top Items: 
Washington Post:
‘Always for Less Regulation’?  —  TO LISTEN to Sen. Barack Obama, Sen. John McCain is a Johnny-come-lately to the cause of regulating financial markets.  “He has consistently opposed the sorts of common-sense regulations that might have lessened the current crisis,” Mr. Obama said in New Mexico yesterday.
RELATED:
Mike Allen / The Politico:
Breaking: Paulson plan could cost $1 trillion  —  Congressional leaders said after meeting Thursday evening with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke that as much as $1 trillion could be needed to avoid an imminent meltdown of the U.S. financial system.
Discussion: TIME.com
New York Times:
For Rivals, Finance Crisis Is Posing on-the-Fly Tests  —  WASHINGTON — The financial crisis has turned the race between Senators John McCain and Barack Obama into an audition for who could best handle a national economic emergency.  —  Mr. McCain, the Republican nominee for president …
Discussion: New York Times, DealBook and TIME.com
Wall Street Journal:
Bailouts Turn Up Heat on Fed Chief
Discussion: Real Time Economics and EconLog
Wall Street Journal:
U.S. Drafts Sweeping Plan to Fight Crisis As Turmoil Worsens in Credit Markets  —  Paulson Briefs Congress on Idea to Buy Bad Assets From Banks, Insure Money-Market Funds; Stocks Rebound Sharply  —  WASHINGTON — The federal government is working on a sweeping series of programs …
RELATED:
U.S. Securities and Exchange Commission:
SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets  —  FOR IMMEDIATE RELEASE  —  2008-211  —  Commission Also Takes Steps to Increase Market Transparency and Liquidity  —  Washington, D.C., Sept. 19, 2008 — The Securities and Exchange Commission …
Wall Street Journal:
SEC Issues Temporary Ban Against Short Selling  —  The Securities and Exchange Commission on Friday launched an aggressive assault against short-sellers, saying it would temporarily prevent investors from making bets on stock declines in an attempt to stem some of the worst stock-market slides in years.
Washington Post:
Obama, McCain Trade Shots Over Responses to Financial Meltdown
Discussion: Real Clear Politics and The Caucus
Associated Press:
SEC bans short-selling
Discussion: Vox Popoli and Cafe Hayek
Ian Welsh / Firedoglake:
SEC Panic Raises Odds of Major Market Meltdown
Karen Tumulty / Swampland:
McCain Plays the Race Card  —  When politicians interject race into a campaign, they seldom do it directly.  Consider McCain's new ad, which the campaign says it will be airing nationally:  —  This is hardly subtle: Sinister images of two black men, followed by one of a vulnerable-looking elderly white woman.
RELATED:
Byron York / The Corner:
Is He or Isn't He?  —  The McCain has released a new ad entitled “Advice.”
Discussion: Althouse and Riehl World View
CNBC.com:
Where Next for the Dollar?  18 Sep 2008  —  Is the U.S. government's proposal to take on bad bank assets a good move?  Sharada Selvanathan, currency strategist at BNP Paribas gives her take on how this will affect the dollar, with CNBC's Maura Fogarty & Stephen Sedgwick.
RELATED:
Ben Smith / Ben Smith's Blogs:
What's on the desk  —  In a picture supplied by Sarah Palin's family to the Associated Press, Palin appears with some rather odd reading matter: The magazine of the ultraconservative John Birch Society.  —  The picture, dating to 1995, when Palin was a member of the Wasilla City Council …
RELATED:
Matt Volz / Associated Press:
Todd Palin refuses to testify in probe  —  Gov. Sarah Palin's husband has refused to testify in the investigation of his wife's alleged abuse of power, and a key lawmaker said today that uncooperative witnesses are effectively sidetracking the probe until after Election Day.
RELATED:
Yereth Rosen / Reuters:
Palin's husband refuses to testify in Alaska probe
Discussion: Crooks and Liars and Democrats.com
David Paul Kuhn / The Politico:
Poll: GOP brand making comeback  —  New polling suggests that the Republican Party is beginning to regain some of its luster and, perhaps as important, is experiencing a surge in excitement among its political base.  —  A new poll by the Pew Research Center for the People & the Press reports …
Discussion: Don Surber
RELATED:
Rush Limbaugh / Wall Street Journal:
Obama Is Stoking Racial Antagonism  —  I understand the rough and tumble of politics.  But Barack Obama — the supposedly postpartisan, postracial candidate of hope and change — has gone where few modern candidates have gone before.  —  Mr. Obama's campaign is now trafficking in prejudice of its own making.
Discussion: Hot Air and JammieWearingFool
Washington Post:
Palin Attuned More to Public Will, Less to Job's Details  —  It was three days before the legislature was to go home, and Alaska Gov. Sarah Palin was frustrated.  The state Senate was thwarting a reduction she wanted in the fee for business licenses.  So the governor's aides culled records …
Discussion: TIME.com
RELATED:
William Yardley / New York Times:
Alaska Star May Add Luster to Tarnished Senator
Discussion: Commentary
Stuart Taylor / National Journal Online:
Campaign Lies, Media Double Standards  —  I NO LONGER TRUST THE MAJOR NEWSPAPERS OR TELEVISION NETWORKS TO PROVIDE CONSISTENTLY ACCURATE AND FAIR REPORTING AND ANALYSIS OF ALL THE CHARGES AND COUNTERCHARGES.  —  Some who have been admirers of John McCain think that the war hero has debased himself …
Discussion: The Corner
Wall Street Journal:
Why It's Getting Mean  —  The financial crisis changes the entire shape and feel of the presidential election.  It isn't just bad news, it's bad news that reveals what many people deep down feared, and hoped not to see revealed: that the huge and sprawling financial system of Wall Street …
Telegraph:
Baroness Warnock: Dementia sufferers may have a ‘duty to die’  —  Elderly people suffering from dementia should consider ending their lives because they are a burden on the NHS and their families, according to the influential medical ethics expert Baroness Warnock.
Daphne Retter / New York Post:
TOW-NAILING CHARLIE ‘PARKER’  —  BENZ HAULED OFF AS POLS BID TO TAKE HIS COMMITTEE SPOT  —  WASHINGTON - Embattled Rep. Charles Rangel's Mercedes-Benz was towed yesterday from the House of Representatives parking space he had been using for years in violation of congressional rules.
Discussion: A Blog For All and On Deadline
RELATED:
David M. Herszenhorn / New York Times:
Given G.O.P. Predicament, Rangel Opts to Ride Out the Storm
Discussion: The Crypt's Blogs
Todd Zywicki / The Volokh Conspiracy:
KEITH OLBERMANN: I happend to catch the very beginning of “Countdown” with Keith Olbermann.  His lead story was on John McCain's statement that if he were President he would “fire” Chris Cox as Chairman of the SEC, explaining that the Chairman of the SEC is appointed by and serves at the will of the President.
Discussion: GINA COBB
Roger Simon / The Politico:
President Bush goes AWOL  —  Where's George?  The president, I mean.  —  You remember him.  Dubya.  No. 43.  Won a second term a few years ago.  It was in all the papers.  —  But where has he been lately?  Where has he been during America's worst financial crisis since the Great Depression?
 
 
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 More Items: 
Kevin Bogardus / The Hill:
Palin won't say whether veep is an executive post
Shaun Boyd / CBS4Denver:
Metro State Prof Stays Silent, On The Job
Discussion: PoliPundit.com
David Brooks / New York Times:
The Post-Lehman World  —  A few years ago, real estate was all the rage.
Discussion: Ideoblog and Real Clear Politics
www.dcexaminer.com:
Reid keeps the swamp brimming
Discussion: Betsy's Page
Andrew Malcolm / Top of the Ticket:
Bill Clinton speaks out for Barack Obama, well, sort of
Discussion: Hot Air
 Earlier Items: 
Inside Higher Ed:
Will Professors Delay Retirements?
Sarah Pulliam / Christianity Today:
Obama campaign launching faith tour
Discussion: Greg's Opinion
Aurelio Rojas / Sacramento Bee:
Field Poll finds gay marriage ban trails by 17 points
Discussion: Newshoggers.com
Washington Post:
GOP Sees Rebound in Battle for Congress
Discussion: TIME.com