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9:10 AM ET, September 21, 2008

memeorandum

 Top Items: 
Larisa Alexandrovna / The Huffington Post:
Welcome to the final stages of the coup...  UPDATES AT BOTTOM … In 2000, the long fought for and long admired democracy of the United States of America began a slow and steady decline toward fascism - a Bush family tradition - with the installment of a president - a man the citizens overwhelmingly rejected …
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Paul Krugman:
No deal  —  I hate to say this, but looking at the plan as leaked, I have to say no deal.  Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay premium prices for lousy assets.  —  As I posted earlier today, it seems all too likely that a …
Sebastian Mallaby / Washington Post:
A Bad Bank Rescue  —  With truly extraordinary speed, opinion has swung behind the radical idea that the government should commit hundreds of billions in taxpayer money to purchasing dud loans from banks that aren't actually insolvent.  As recently as a week ago, no public official had even mentioned this option.
Discussion: Washington Monthly and Kevin Drum
Jeff G. / protein wisdom:
You say you want a revolution, well, you know...  A couple years back I talked about a kind of bloodless civil war happening in the US, the idea being that a logistical reshuffling could bring back into the national discussion federalist principles and arguments.
Calculated Risk:
NY Times Makes a Funny
Discussion: Buck Naked Politics
Josh Marshall / Talking Points Memo:
PUT ON THE BRAKES  —  As noted in the previous post …
Discussion: The RBC
David M. Herszenhorn / New York Times:
Administration Is Seeking $700 Billion for Wall Street Bailout
Jonathan Weisman / Washington Post:
Campaigns Beef Up Economic Teams in Face of Crisis  —  On Tuesday night, as the federal government was seizing control of insurance giant AIG, Sen. Barack Obama was speeding toward a Hollywood fundraiser.  The Democratic presidential nominee had 20 minutes before he arrived …
Discussion: TIME.com and Althouse
RELATED:
Elizabeth Williamson / Wall Street Journal:
Lobbyists Scramble to Sway Deal  —  WASHINGTON — Titans of the financial industry are battling to influence the government's financial rescue plan, a package that will create new winners and losers in the sector.  —  Democrats in Congress want a rescue package that benefits homeowners at risk for foreclosure, not just Wall Street.
Brookings Institute:
Concerns about the Treasury Rescue Plan
Discussion: Matthew Yglesias and RADAMISTO
Peter S. Goodman / New York Times:
But Will It Work?  —  As the federal government steps to the center …
Discussion: BAGnewsNotes
Ian Welsh / Firedoglake:
Hank Paulson To Dems: Not Allowing CEO's to Keep Multi-Million Dollar Salaries Is A “Poison Pill”  —  Glad to see Paulson and the Republican Party are looking after Wall Street first: … A poison pill?  The executives who drove their banks into insolvency won't let the government save …
Discussion: Alas, a blog
RELATED:
David Rogers / The Politico:
Dems on bailout: Include homeowners  —  Democrats are drafting a joint House-Senate bill to expedite action on the Treasury Department's $700 billion rescue plan for the financial markets but want the government to use its new leverage to slow foreclosures and cap compensation …
Discussion: Firedoglake, RADAMISTO and TPMCafe
Rex Murphy / Globe and Mail:
The incredible shrinking Obama  —  How's Barack Obama's narrative going?  —  Journalists used to tell stories, now they plumb narratives.  Narrative is a pretentious borrowing from the abstraction-clotted world of academic criticism, where texts are interrogated, authors are dead and high-toned fatuousness is king.
Aaron Bruns / FOX Embeds:
Obama's “Got A Problem” If He Tries to Take Biden's Guns  —  CASTLEWOOD, VA — Memo to Barack Obama: don't mess with Joe Biden's guns.  —  At a fish fry for mine workers in rural Southwest Virginia, the Delaware Senator commiserated on being from coal country himself …
Discussion: www.redstate.com
RELATED:
Sam Harris / Newsweek:
When Atheists Attack  —  A noted provocateur rips Sarah Palin—and defends elitism.  —  Jack Dempsey / AP  —  Yes, I Can: Refusing to hesitate isn't a primordial truth of wise governance  —  From the magazine issue dated Sep 29, 2008  —  Let me confess that I was genuinely unnerved …
Discussion: Macsmind and Hot Air
Nicholas D. Kristof / New York Times:
The Push to ‘Otherize’ Obama  —  Here's a sad monument to the sleaziness of this presidential campaign: Almost one-third of voters “know” that Barack Obama is a Muslim or believe that he could be.  —  In short, the political campaign to transform Mr. Obama into a Muslim is succeeding.
Discussion: Brilliant at Breakfast and Eunomia
Maureen Dowd / New York Times:
Seeking a President Who Gives Goose Bumps?  So's Obama.  —  Now that he's finally fired up on the soup-line economy, Barack Obama knows he can't fade out again.  He was eager to talk privately to a Democratic ex-president who could offer more fatherly wisdom — not to mention a surreptitious smoke — and less fraternal rivalry.
CNN:
Cheney must preserve records, judge orders  —  WASHINGTON (CNN) — Vice President Dick Cheney must preserve a broad range of records from his time in office, a federal judge ordered Saturday, ruling in favor of a private watchdog group.  —  U.S. District Judge Colleen Kollar-Kotelly found …
RELATED:
Washington Post:
Cheney must hold his records
 
 
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 More Items: 
Robert Pear / New York Times:
Behind the Scenes, Teams for Both Candidates Plan for a Presidential Transition
Discussion: TIME.com
Dan Balz / Washington Post:
Obama Hopes to Reverse Party Fortunes in Vote-Rich Fla.
Discussion: TalkLeft
Sean D. Hamill / New York Times:
7 Years Later, 9/11 Hijackers' Remains Are in Limbo
Discussion: Right Wing News
Andrew Malcolm / Top of the Ticket:
Sarah's Surprise: Palin to meet world leaders at U.N. next week
Discussion: protein wisdom
Josh Marshall / Talking Points Memo:
BEFORE WE JUMP IN  —  There are subjects I know a lot …
Discussion: Eschaton
 Earlier Items: 
Jesse McKinley / New York Times:
Same-Sex Marriage Ban Is Tied to Obama Factor
Yuval Levin / The Corner:
Trust on the Economy  —  The Diageo/Hotline poll offers …
Discussion: The Jed Report
John Amato / Crooks and Liars:
Rachel Maddow's ratings are incredible