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10:55 AM ET, September 19, 2008

memeorandum

 Top Items: 
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:
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: Michelle Malkin
David Brooks / New York Times:   The Post-Lehman World  —  A few years ago, real estate was all the rage.
Washington Post:
Citing Grave Financial Threats, Officials Ready Massive Rescue
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:
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 …
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.
Discussion: Marc Ambinder and TIME.com
Robert Reich / Robert Reich's Blog:
The Bailout of All Bailouts is a Bad Idea
The Corner:   McCain on the Economy  —  In Green Bay this morning:
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.”  It says: … Just a few moments ago, the Obama campaign released a statement from Raines: … Added Obama spokesman Bill Burton: … Now, when the ad was released, the McCain campaign also released this supporting information:
Discussion: Althouse and Riehl World View
Nedra Pickler / Associated Press:
Campaigns target each other's advisers  —  WASHINGTON (AP) - John McCain and Barack Obama are targeting each other's economic advisers in a new pair of dueling campaign ads.  —  Republican McCain released a new spot Thursday that quotes The Washington Post as saying Democrat Obama gets advice …
Discussion: TPM Election Central
Ben Smith / Ben Smith's Blogs:
McCain, pitchfork in hand, blames Obama allies for crisis
Discussion: The Swamp and The Campaign Spot
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.
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.
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 …
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:
Yereth Rosen / Reuters:
Palin's husband refuses to testify in Alaska probe  —  ANCHORAGE, Alaska (Reuters) - The husband of Gov. Sarah Palin will ignore a subpoena from Alaska lawmakers investigating whether the Republican vice presidential nominee's firing of a state commissioner constituted an abuse of power, officials from her campaign said on Thursday.
Discussion: Crooks and Liars and Democrats.com
RELATED:
CBN.com:
Exclusive: Obama Campaign Faith Tour Starts Next Week  —  An official with Barack Obama's campaign tells The Brody File that beginning next week the campaign will start an official faith tour in key battleground states called “Barack Obama: Faith, Family and Values Tour”.
Josh Gerstein / New York Sun:
Palin Pick Puts Many Women on the Verge  —  Senator McCain's selection of Governor Palin of Alaska as his running mate, which was hailed in some quarters and met with skepticism in others, is sparking intense reactions from some New Yorkers, who report being driven to fits of rage and even all-consuming panic.
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.) …
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?
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.
 
 
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 More Items: 
Tyler Cowen / Marginal Revolution:
Did the Gramm-Leach-Bliley Act cause the housing bubble?
Discussion: Ideoblog and Unqualified Offerings
Amy Sullivan / Time:
Early Voting for President Starts Today
Discussion: Ben Smith's Blogs
Washington Post:
Palin Attuned More to Public Will, Less to Job's Details
Discussion: New York Times and TIME.com
Shaun Boyd / CBS4Denver:
Metro State Prof Stays Silent, On The Job
Discussion: PoliPundit.com
Daphne Retter / New York Post:
TOW-NAILING CHARLIE ‘PARKER’
Discussion: A Blog For All and On Deadline
Stuart Taylor / National Journal Online:
Campaign Lies, Media Double Standards
Discussion: The Corner
 Earlier Items: 
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
Aurelio Rojas / Sacramento Bee:
Field Poll finds gay marriage ban trails by 17 points
Discussion: Newshoggers.com