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8:35 AM ET, September 22, 2008


 Top Items: 
New York Times:
2 Candidates Back Bailout, With Caveats  —  PHILADELPHIA — Senators John McCain and Barack Obama warned Sunday that there should be more oversight built into the government's $700 billion plan to stabilize the financial markets but said the potentially enormous expenditure would not force …
Discussion: and Time
New York Times:
Big Financiers Start Lobbying for Wider Aid  —  Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.  —  Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
Mike Allen / The Politico:
Obama might keep Paulson  —  Sen. Barack Obama (D-Ill.) said Sunday that if he's elected, Treasury Secretary Henry Paulson would be “involved” in the new administration's transition - a very unusual move when the White House changes parties.  —  Paulson, 62, is the wealthy former chairman …
Discussion: Open Left and Donklephant
New York Times:
Foreign Banks Hope Bailout Will Be Global
Discussion: Firedoglake
Dr. Rusty Shackleford / The Jawa Report:
Hope, Change, & Lies: Orchestrated “Grassroots” Smear Campaigns & the People that Run Them  —  Extensive research was conducted by the Jawa Report to determine the source of smears directed toward Republican Vice Presidential candidate Sarah Palin.  Those smears included false allegations …
Bill Cotterell / News Press:
Palin draws crowd of 60,000 in The Villages  —  THE VILLAGES — Republican vice presidential nominee Sarah Palin told wildly cheering, flag-waving, chanting supporters that John McCain is “the only great man in this race” and promised Sunday he will fix the nation's economy if voters give the GOP four more years in the White House.
Orlando Sentinel:
Palin wows 'em in The Villages  —  THE VILLAGES - With thousands of supporters packing the streets and sidewalks of this massive retirement community, Alaska Gov. Sarah Palin took the safe route Sunday and said she and John McCain would reform Washington, put America on the path to energy independence …
Jonathan Martin / Jonathan Martin's Blogs:
Palin draws largest crowd yet for GOP
Discussion: Gateway Pundit
Allahpundit / Hot Air:
Palinmania: 60,000 turn out for event in Florida?
Discussion: Wizbang and The Other McCain
Dotcomabc / Political Radar:
Palin Says Obama Voting ‘Present’ on the Economy
Paul Krugman / New York Times:
Cash for Trash  —  Some skeptics are calling Henry Paulson's $700 billion rescue plan for the U.S. financial system “cash for trash.”  Others are calling the proposed legislation the Authorization for Use of Financial Force, after the Authorization for Use of Military Force …
New York Times:
Loan Titans Paid McCain Adviser Nearly $2 Million  —  Senator John McCain's campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say.
Robert A. George / RAGGED THOTS:
Cuomo For SEC?  WTF?  —  Last week was hardly John McCain's finest moment when, deciding that the Securities and Exchange Commission bore major responsibility for the Wall Street madness, he essentially called for SEC Chairman Chris Cox to be fired.  —  (Perhaps it was my imagination …
Discussion: Spin Cycle
Jonathan Martin / Jonathan Martin's Blogs:
McCain strikes bipartisan notes in 60 Minutes interview
Goldman, Morgan to Become Bank Holding Companies  —  Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.
Craig Torres / Bloomberg:
Fed Allows Goldman, Morgan Stanley to Become Banks
Frank James / The Swamp:
Obama: No blank check for Wall St  —  CHARLOTTE, N.C. - In his first comments about a $700 billion government bailout package meant to help stabilize Wall Street, Sen. Barack Obama on Sunday stopped short of saying whether he supports the proposal, as he laid out some broad economic goals he believes such a plan should include.
The Huffington Post:
ABC Panel Tears Into McCain: Not Presidential, Age Should Be An Issue  —  For John McCain, the panel discussion on This Week with George Stephanopoulos could not have been more brutal.  —  Minutes after conservative columnist George Will declared that the Senator was decidedly un-presidential …
Clif / Sadly, No!:
Shorter Entire Right-Wing Blogosphere … - We agree with Investors' Business Daily, which says that the reason for the current financial crisis is that the Community Reinvestment Act passed by the Democrats forced banks to lend money to a bunch of shiftless darkies who couldn't repay their loans.
Discussion: Blog entry, The Other McCain and D-Day
Richard Pérez-Peña / New York Times:
Politico Intends to Expand After Presidential Race Ends  —  Politico has grown rapidly from a little-known start-up company to one of the nation's most popular online sources of political news.  But it has been riding a wave of interest in a hot presidential campaign, so what happens to Politico after Nov. 4?
Discussion: FishBowlDC
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 More Items: 
Sean D. Naylor / Military Times HOME:
U.S. officer: Pakistani forces aided Taliban
Discussion: The Agonist and Firedoglake
Associated Press:
Obama staff leaves North Dakota
Discussion: Top of the Ticket and TalkLeft
Gallup Daily: Obama Leading McCain by 4 Points
Discussion: Daily Kos and MyDD
Phyllis Schlafly / San Francisco Chronicle:
Feminists against Palin - shame on you
 Earlier Items: 
NY Daily News:
Mac and I had tropical heat in Rio, says ex
Discussion: TBogg
Stephen F. Hayes / Weekly Standard:
Democrats and Double Standards