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5:05 AM ET, September 20, 2008

memeorandum

 Top Items: 
Paul Krugman:
McCain on banking and health  —  OK, a correspondent directs me to John McCain's article, Better Health Care at Lower Cost for Every American, in the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries.  You might want to be seated before reading this.
RELATED:
Josh Marshall / Talking Points Memo:   INNOVATIVE PRODUCTS  —  John McCain: “Opening up the health …
David M. Herszenhorn / New York Times:
Congressional Leaders Stunned by Warnings  —  WASHINGTON — It was a room full of people who rarely hold their tongues.  But as the Fed chairman, Ben S. Bernanke, laid out the potentially devastating ramifications of the financial crisis before congressional leaders on Thursday night, there was a stunned silence at first.
RELATED:
Frank James / The Swamp:
Economy could die, lawmakers told  —  Sen. Charles Schumer of New York appeared on the CNBC's “Power Lunch” today and described for the audience the doomsday scenario delivered by Treasury Secretary Henry Paulson and Federal Reserve Chair Ben Bernanke during their meeting last night with members of Congress.
Marcia Kramer / WCBS-TV:
ASTONISHING: Rep. Rangel Calls Palin ‘Disabled’  —  Embattled Politician: It's Laughable That GOP VP Nominee Bases Foreign Policy On Being Able To See Russia  —  Republicans Infuriated; Rep. King Blasts Rangel  —  NEW YORK (CBS) ― Already under fire for his tax troubles …
RELATED:
Allahpundit / Hot Air:
Charlie Rangel on Palin: “You got to be kind to the disabled”
Discussion: www.redstate.com
Megan McGinley / CJR:
Army Alters Photographs, Issues Them To AP  —  The Associated Press retracted two government-issued photographs last night after a photographer in Texas alerted the agency that the photos in question appeared to be doctored.  —  Bob Owen, chief photographer of the San Antonio Express-News …
RELATED:
Ryan / Think Progress:
Army releases doctored photos of dead soldiers.  —  The Kicker reports that “the Associated Press retracted two government-issued photographs last night after a photographer in Texas alerted the agency that the photos in question appeared to be doctored.”  The photos depicted two U.S. soldiers …
Wall Street Journal:
U.S. Bailout Plan Calms Markets, But Struggle Looms Over Details  —  The nation's top economic generals pressed Congress to move with extraordinary speed — by next week — to authorize a plan to bail out the U.S. financial system, but are still working to iron out enormously complicated details likely to generate controversy.
Discussion: Paul Krugman and Economist's View
RELATED:
Steve Benen / Washington Monthly:
THE RAINES/JOHNSON SILVER BULLET?.... John McCain and his campaign seem …
Justin Rood / ABCNEWS:
Exclusive: New Doubts Over Palin's Troopergate Claims  —  Internal Government Document Contradicts Sarah Palin, Campaign  —  An internal government document obtained by ABC News appears to contradict Sarah Palin's most recent explanation for why she fired her public safety chief …
Adam C. Smith / St. Petersburg Times:
One thought pushes fence-sitters to the left: Palin  —  ST. PETERSBURG — Five weeks ago, the St. Petersburg Times convened a group of Tampa Bay voters who were undecided about the presidential election.  Their strong distrust of Barack Obama suggested it was a group ripe for John McCain to win over.
RELATED:
Ben Smith / Ben Smith's Blogs:
Florida, long way from Alaska
Andrew Malcolm / Top of the Ticket:
Obama votes ‘present’ on new economic rescue plan for now  —  CORAL GABLES, Fla. — Sen. Barack Obama today met with some of his many economic advisors and made an announcement that he was not going to make an announcement about any new plan to plan plans.  —  Obama did suggest a bipartisan effort …
Discussion: The Swamp and The RBC
RELATED:
Edmund L. Andrews / New York Times:
Bush Officials Urge Swift Action on Rescue Powers  —  WASHINGTON — The Bush administration, moving to prevent an economic cataclysm, urged Congress on Friday to grant it far-reaching emergency powers to buy hundreds of billions of dollars in distressed mortgages despite many unknowns about how the plan would work.
Discussion: naked capitalism and Balkinization
RELATED:
Allahpundit / Hot Air:
ABC: Bush officials support Obama's account that he didn't try …
Discussion: Beltway Snark
Washington Wire:
‘Attack by Association’ Viewed as Fair Game by McCain Camp  —  Laura Meckler reports on the presidential race:  —  Don't be shocked if you see the McCain campaign pull the controversial Rev. Jeremiah Wright out of mothballs in new attacks against one-time parishioner, Barack Obama.
Discussion: Hot Air and BrothersJudd Blog
RELATED:
Michael Dobbs / Washington Post:
OBAMA'S FANNIE MAE ‘CONNECTION’
Kos / Daily Kos:
Palin's favorability trajectory  —  Al Rodgers whipped this up:  —  Worth more than 1,000 words, huh?
Jonathan Rauch / National Journal Online:
Bush's Legacy: Small Ball After All?  —  BOTH SUPPORTERS AND CRITICS TEND TO VIEW BUSH AS A GAME-CHANGING PRESIDENT.  BUT HE MAY BE REMEMBERED AS A COMPARATIVELY MINOR FIGURE. … That succinct judgment, received not long ago via e-mail from a political scientist, sums up a good deal …
Discussion: The New Republic
RELATED:
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%.
Tim Graham / media.newsbusters.org:
Sandra Bernhard: Palin Would Be Gang-Raped By Blacks in Manhattan  —  The Washington Post isn't the only daily D.C. newspaper to rave about Sandra Bernhard's anti-Palin ranting.  Wednesday's Washington Examiner joined in, with the headline “Comedienne delivers enraged optimism.”
Jim Manzi / The Corner:
Welcome to History  —  It's helpful to think of how to address the current financial crisis (and I don't use that word casually) in terms of the end-state we want to achieve, and the transition plan to get there.  —  The problem we face is often described as mind-bendingly complex, but in its essentials, it is simple.
Discussion: Pajamas Media
 
 
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 More Items: 
NY Daily News:
Rangel pays IRS and New York $10K for back taxes
Discussion: The Crypt's Blogs
SilentPatriot / Crooks and Liars:
Chuck Hagel slams Sarah Palin: “It's a stretch to say she's got …
Discussion: RADAMISTO
Sen. Bernie Sanders / The Huffington Post:
Billions for Bailouts! Who Pays?
Rasmussen Reports:
Election 2008: Indiana Presidential Election
Discussion: FiveThirtyEight.com and MyDD
 Earlier Items: 
Frank Schaeffer / The Huffington Post:
An Open Letter to All Republicans From a Former Religious Right Activist
Discussion: The Other McCain
James Gerstenzang / The LA Times President Bush Blog:
Stephen Hadley on his boss, President Bush: ‘Remarkably unaffected by eight years’
Nate Silver / FiveThirtyEight.com:
Bad Math and the Bradley Effect
Jonathan Chait / The New Republic:
Sarah Quaylin  —  Actually, Dan Quayle is looking pretty good right now.
Discussion: Greg's Opinion