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12:45 PM ET, September 20, 2008

memeorandum

 Top Items: 
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:
The Politico:
Fannie Mae vet protests McCain ad  —  A former Fannie Mae executive has written to The New York Times in an effort to escalate Democrats' pushback to a McCain campaign ad accusing Sen. Barack Obama (D-Ill.) of guilt by association with former officials of the mortgage giant.
Ed Whelan / The Corner:
Brazen Bias  —  Byron York yesterday exposed the hilarious “Fact Checker” column by the Washington Post's Michael Dobbs, which accuses the McCain campaign of “clearly exaggerating wildly” in accurately stating in a video news release:  —  “Obama has no background in economics.  Who advises him?
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:
Paul Krugman:
Uneasy feelings  —  Details are scarce on the big buyout; but as a few dribble out, I'm getting uneasy.  —  Here's the source of my uneasiness: the underlying premise behind the buyout seems, still, to be that this is mainly a liquidity problem.  So if the government stands ready to buy securities at “fair value”, all will be well.
Discussion: Eschaton and Once Upon a Time
RELATED:
Mark Thoma / Economist's View:
Recapitalization  —  Paul Krugman: … Dean Baker:
Discussion: American Prospect and Angry Bear
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 …
FactCheck.org:
Scaring Seniors  —  An Obama-Biden ad says McCain supports “cutting benefits in half” for Social Security recipients.  False!  —  A new Obama ad characterizes the “Bush-McCain privatization plan” as “cutting Social Security Benefits in half.”  This is a falsehood sure to frighten seniors who rely on their Social Security checks.
Discussion: TRAIL BLAZERS
RELATED:
Ben Smith / Ben Smith's Blogs:
Entitlement politics  —  Obama is rolling out today an attack …
Discussion: The Swamp
John McCormick / The Swamp:
Obama's radio address: the economy  —  DAYTONA BEACH, Fla. - Sen. Barack Obama will be on the radio nationwide today, delivering the weekly Democratic Radio Address for the second time since getting his party's nomination for president.  —  Not surprisingly, he will be talking about the economy …
Discussion: Ben Smith's Blogs
RELATED:
The Huffington Post:
Hale “Bonddad” Stewart: The Death of Republican Philosophy  —  Last week was historic.  It is a week that financial and economic people will study for generations.  It also marked the end of certain elements of the Republican Party's ideology.  Below are statements the Republican party …
Discussion: HorsesAss.Org
RELATED:
NPR:
Listen Now  —  · The Securities and Exchange Commission …
Noemie Emery / Weekly Standard:
The Palin Effect  —  Her enemies are bellowing like a wounded moose.  —  Now that the dust is beginning to settle from the whirlwind descent of Hurricane Sarah, it may be time to stand back a little and assess in perspective what the moose-hunting beauty from Wasilla, Alaska, has wrought.
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 …
Mark Leibovich / New York Times:
Meanwhile, the Other No. 2 Keeps On Punching  —  FLAT ROCK, Mich. — As the economy reels, Senator Joseph R. Biden Jr. — the Other Running Mate — has been absolutely butchering Senator John McCain across the Rust Belt this week.  It is not clear who has noticed.
Democracy Now:
Charges Dropped Against DN!  Journalists - Investigation Needed  —  The St. Paul City Attorney's office announced Friday it will not prosecute Democracy Now! journalists Amy Goodman, Sharif Abdel Kouddous and Nicole Salazar.  St. Paul Mayor Chris Coleman also issued a statement Friday that …
RELATED:
Chris Bowers / Open Left:
Charges Dropped Against Democracy Now Journalists
Discussion: Hullabaloo
Dean Baker / American Prospect:
The Budget and the Bailout  —  The bailout will clearly carry a big bill, likely in the $500 billion to $1 trillion range.  As the Post reports today, opponents of Social Security and other government social programs are already using this expense as a rationale for curtailing such spending.
Discussion: The Swamp and Washington Post
Meryl Yourish / Yourish.com:
Democrats threaten to kneecap Jewish nonprofits  —  Why is it, exactly, that so many Jews are Democrats?  That's right.  Because Democrats are the champions of liberal, social causes.  They're against tyranny and all for liberty, freedom, and especially, the Bill of Rights and the Constitution.
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.
 
 
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 More Items: 
DJ Drummond / Wizbang:
How Liberal Trolls Are Working To Get McCain Elected President
Real Time Economics:
Economists Back Government Moves
Jay Cost / HorseRaceBlog:
The State of the Race  —  There's been a lot of talk …
Discussion: American Power
Caroline Glick / Jerusalem Post:
Column One: It is time to act  —  Iran is just a heartbeat away …
Discussion: Power Line
Lawrence B. Lindsey / Weekly Standard:
High Anxiety  —  We went from playing inflation-era Monopoly …
Discussion: Power Line
 Earlier Items: 
Wall Street Journal:
How to Campaign In a Financial Crisis
Washington Post:
Karzai Agrees To Meet With Palin
Megan McArdle:
Demon short-selling  —  Every time there's a financial crisis …
Discussion: Reason
Choe Sang-Hun / New York Times:
North Korea Says It Seeks to Remain on Terror List
Discussion: QandO and Commentary
Michael J. Totten / Commentary:
Al Qaeda's Defeat In Iraq