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9:20 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.
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Josh Marshall / Talking Points Memo:
INNOVATIVE PRODUCTS  —  John McCain: “Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.”
Discussion: American Street
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.
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 RBC and The Swamp
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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 …
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 …
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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 …
Washington Post:
Linking Obama to Ex-Fannie Mae Chief Is a Stretch  —  “Obama has no background in economics.  Who advises him?  The Post says it's Franklin Raines, for ‘advice on mortgage and housing policy.’ Shocking.  Under Raines, Fannie Mae committed ‘extensive financial fraud.’ Raines made millions.
RELATED:
Washington Wire:
‘Attack by Association’ Viewed as Fair Game by McCain Camp
Discussion: Hot Air and BrothersJudd Blog
Steve Benen / Washington Monthly:
THE RAINES/JOHNSON SILVER BULLET?.... John McCain and his campaign seem …
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 …
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Allahpundit / Hot Air:
Charlie Rangel on Palin: “You got to be kind to the disabled”
Discussion: www.redstate.com
Associated Press:
Racial views steer some white Dems away from Obama  —  WASHINGTON (AP) — Deep-seated racial misgivings could cost Barack Obama the White House if the election is close, according to an AP-Yahoo News poll that found one-third of white Democrats harbor negative views toward blacks …
Michael J. Totten / Commentary:
Al Qaeda's Defeat In Iraq  —  Senator Barack Obama's answer to Katie Couric's question a few days ago about why he thinks there have been no terrorist attacks on American soil since September 11, 2001, was bizarre.  —  “Well,” he said, “I think that the initial invasion into Afghanistan disrupted al Qaeda.
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.
Washington Post:
Karzai Agrees To Meet With Palin  —  Republican vice presidential nominee Sarah Palin will meet next week with Afghan President Hamid Karzai in New York, on the sidelines of the opening of the U.N. General Assembly, according to Afghan officials in Washington.
Mark Morford / San Francisco Chronicle:
Once pro-Obama, but now swoon for McPalin?  Who the hell are you?  —  E  —  very white woman I know is positively horrified.  —  Wait, that's not exactly true.  It's more accurate to say that every thoughtful or liberal or intuitive or open-minded white woman I know worth her vagina monologue …
Megan McArdle:
Demon short-selling  —  Every time there's a financial crisis, demagogues start criticising the short-sellers.  The government has now temporarily banned shorting financial stocks, as has Britain.  Short-selling, for curious readers, is the practice of selling a security you don't own …
Discussion: Reason and Matthew Yglesias
Tim Graham / 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.”
Amir Taheri / National Review:
Obama 101  —  On Monday, in an opinion piece published in the New York Post, I suggested that Senator Barack Obama had urged Iraqi leaders to postpone making an agreement with the United States until there was a new administration in Washington.  —  I said this because Obama himself had said it.
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 More Items: 
Wall Street Journal:
How to Campaign In a Financial Crisis
Brad DeLong / Grasping Reality with Both Hands:
Understanding the Three Ways of Dealing with Financial Crises
Discussion: The Glittering Eye and Angry Bear
David Harsanyi / Denver Post:
... But one life to give the IRS
Choe Sang-Hun / New York Times:
North Korea Says It Seeks to Remain on Terror List
Discussion: Commentary
Jim Manzi / The Corner:
Welcome to History  —  It's helpful to think of how to address …
Discussion: Pajamas Media
NY Daily News:
Rangel pays IRS and New York $10K for back taxes
Discussion: The Crypt's Blogs
 Earlier Items: 
Sen. Bernie Sanders / The Huffington Post:
Billions for Bailouts! Who Pays?
Jonathan Rauch / National Journal Online:
Bush's Legacy: Small Ball After All?
Discussion: The New Republic
Frank Schaeffer / The Huffington Post:
An Open Letter to All Republicans From a Former Religious Right Activist
Discussion: The Other McCain