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4:50 PM ET, September 19, 2008

memeorandum

 Top Items: 
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:
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.
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.
Wall Street Journal:
McCain's Scapegoat  —  John McCain has made it clear this week he doesn't understand what's happening on Wall Street any better than Barack Obama does.  But on Thursday, he took his populist riffing up a notch and found his scapegoat for financial panic — Christopher Cox, the chairman of the Securities and Exchange Commission.
Michael Dobbs / Washington Post:
OBAMA'S FANNIE MAE ‘CONNECTION’ … AN ALREADY NASTY PRESIDENTIAL ELECTION CAMPAIGN IS GETTING NASTIER.  THE MELTDOWN ON WALL STREET HAS TOUCHED OFF FRANTIC ATTEMPTS BY BOTH THE MCCAIN AND OBAMA CAMPS TO SECURE POLITICAL ADVANTAGE AND INDULGE IN GUILT BY ASSOCIATION.
Michael Goldfarb / JohnMcCain.com:   No Time for the Facts  —  Time magazine's Karen Tumulty accuses …
Byron York / The Corner:   Washington Post Faults McCain For Relying On...Washington Post
Steve Benen / Washington Monthly:
WHAT FLAILING LOOKS LIKE.... Is it me, or has John McCain's …
Discussion: MSNBC, Jack & Jill Politics and CNN
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.
RELATED:
David Kurtz / Talking Points Memo:   CLASSIC MCCAIN  —  John McCain will tell you that if you're …
Gallup:
Gallup Daily: Obama Now Leads McCain by 5 Points  —  At 49%, support for Obama is near his record high for the year  —  PRINCETON, NJ — Gallup Poll Daily tracking from Tuesday through Thursday finds Barack Obama with a five percentage point lead over John McCain in the presidential preferences of registered voters, 49% to 44%.
Julia Hoppock / Political Punch:
Undermining McCain Campaign Attack, Republicans Back Obama's Version of Meeting with Iraqi Leaders  —  Earlier this week, the campaign of Sen. John McCain, R-Ariz., seized upon a column in the New York Post that described Sen. Barack Obama, D-Ill., as having urged Iraqi leaders in a private meeting …
Alan Fram / Associated Press:
Poll: Obama tops McCain as football-watching buddy  —  WASHINGTON - People would rather watch a football game with Barack Obama than with John McCain — but by barely the length of a football.  —  Obama was the pick over McCain by a narrow 50 percent to 47 percent, according …
Charles Krauthammer / Real Clear Politics:
History Will Judge  —  WASHINGTON — For the last 150 years, most American war presidents — most notably Lincoln, Wilson, Roosevelt — have entered (or re-entered) office knowing war was looming.  Not so George Bush.  Not so the war on terror.  The 9/11 attacks literally came out of the blue.
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.
Discussion: The Swamp and Portfolio
Ben Smith / Ben Smith's Blogs:
Obama: ‘Panicked’ McCain's solution is ‘to blame me for it’  —  At a rally in Coral Gables, Obama responds to McCain's shots: … (video from Jed Report)
Discussion: Washington Monthly
Ryan / Think Progress:
Fleischer: Bush Is Not Taking Questions From Press Because Doing So ‘Would Hurt John McCain’  —  On Wednesday, White House Press Secretary Dana Perino said that Bush has not taken questions from the press in over seven weeks because he wants to “make sure this election remains fully focused on the two candidates”:
Larry Kudlow / The Corner:
Chris Cox's Terrible Idea  —  The decision by SEC Chairman Chris Cox to ban short selling is a terrible idea.  It is an encroachment on free-market principles.  In extreme, the absence of short sellers would inflate stock market upturns, probably into bubbles.  Short sellers keep the market honest.
Discussion: Sadly, No! and TigerHawk
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.
Myglesias / Matthew Yglesias:
The Opportunity  —  If the powers that be tell me that the country needs something like the financial measures being announced today, I'm not going to disagree with them.  But tactically, I think it'd be crazy to just hand this package over for the President's signature.
Mark Henderson / Times of London:
How scary is this spider?  That may depend on your politics  —  We all like to think that our political views are shaped by our personal experiences and by deep reflection on the great issues of the day.  Yet research suggests that they may also be influenced by our biology.
Discussion: Time, The Moderate Voice and Guardian
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 …
Randi Kaye / CNN:
Todd Palin: ‘first dude’ or ‘shadow governor?’  —  ANCHORAGE, Alaska (CNN) — He's the man Alaska Gov. Sarah Palin affectionately calls her “first dude.”  —  Todd Palin was introduced to the nation at the Republican National Convention as a blue-collar oil worker, a laid-back father of five and a world-record-holding snowmobile racer.
Nate Silver / FiveThirtyEight.com:
12th Amendment Update: Tie Probability Continues to Increase  —  The latest in our occasional series informing you about the country's worst nightmare: a 269-269 Electoral College tie...  As you may have noticed from our scenario chart, the probability of a tie has increased dramatically in recent days and now stands at 3.2 percent.
Glen Johnson / Associated Press:
McCain defends retirement accounts amid stock dive  —  GREEN BAY, Wisc.  (AP) — Wall Street turmoil left John McCain scrambling to explain why the fundamentals of the U.S. economy remained strong.  It also left him defending his support for privately investing Social Security money …
USA Today:
From McCain, an erratic response to crisis  —  As Wall Street's roller-coaster week unfolded, John McCain's views on the economy went through about as many gyrations as the Dow Jones industrial average.  Brace your neck for a quick recap.  —  Monday: Speaking at a rally in Jacksonville …
Discussion: The Huffington Post, MSNBC and TalkLeft
Christy Hoppe / Dallas Morning News:
Libertarian Bob Barr moves to keep Obama, McCain off Texas ballot  —  choppe@dallasnews.com  —  AUSTIN - Libertarian presidential candidate Bob Barr is forcing a legal showdown in the Texas Supreme Court to keep the names of Barack Obama and John McCain off the November ballot.
Discussion: The Moderate Voice
John R. Emshwiller / Wall Street Journal:
McCain Wins Endorsement of Democrat  —  As Barack Obama and John McCain battle for the Hispanic vote, a leading Latino backer of Hillary Clinton is crossing party lines to support the Republican presidential nominee.  —  In an interview Thursday, Miguel D. Lausell, a Puerto Rican businessman …
Nick Werner / TheStarPress.com:
Obama fans tag local Republican headquarters  —  GOP chairman predicts vandalism will energize McCain voters.  —  MUNCIE — A vandal who apparently plans to vote for Barack Obama attacked the Delaware County Republican Party Headquarters sometime this week with a gold spray can.
Discussion: Wake up America
Kevin Bogardus / The Hill:
Palin won't say whether veep is an executive post  —  Vice President Dick Cheney has said his office only partially belongs to the executive branch.  Democratic vice presidential nominee Joe Biden disagrees and Republican rival Sarah Palin isn't saying.  —  Sen. Biden (Del.) …
 
 
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 More Items: 
John McQuaid / American Prospect:
The Demise of the Washington News Bureau
Roderick T. Long / The Art of the Possible:
Those Who Control the Past Control the Future
Daveed Gartenstein-Ross / Weekly Standard:
Has Britain “Adopted Islamic Law”?
Wendy Norris / The Colorado Independent:
Iraqi Ayatollah Sistani's Web site hacked
Discussion: Crooks and Liars and Wonkette
Sean Oxendine / The Next Right:
What is the Argument for Why McCain Will Win?
 Earlier Items: 
Brian Skoloff / Associated Press:
Fla. authorities say they couldn't prove message case against ex-Rep. Mark Foley
Discussion: Washington Wire
Andrew Sullivan / The Daily Dish:
Palin's Collapse Continues
Ben Smith / Ben Smith's Blogs:
Obama: ‘I fully support’ Paulson efforts
Discussion: The Jed Report
John Amato / Crooks and Liars:
Premiere: New Film ‘Third Term’ John McCain's repeat performance of the Keating 5
Discussion: DownWithTyranny!
New York Times:
Blocking Care for Women
Washington Post:
Palin Attuned More to Public Will, Less to Job's Details
Discussion: Washington Monthly
Roger Simon / The Politico:
President Bush goes AWOL