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12:55 PM ET, September 22, 2008


 Top Items: 
William Kristol / New York Times:
A Fine Mess  —  A friend serving in the Bush administration called Sunday to try to talk me out of my doubts about the $700 billion financial bailout the administration was asking Congress to approve.  I picked up the phone, and made the mistake of good-naturedly remarking …
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 …
Damian Paletta / Wall Street Journal:
Dodd's Bailout Draft Could Give Companies' Shares to Government  —  WASHINGTON — Senate Democrats want to add tough new measures to the Treasury Department's proposal to bail out financial firms, including strict limits on executive compensation and a provision that would allow the government …
The Politico:
CEO pay emerges as bailout barrier  —  Flying in the face of Congress and both presidential campaigns, Treasury is resisting efforts to impose pay limits on Wall Street executives and bankers whose companies stand to be helped by the government's $700 billion rescue plan for the financial markets.
Kevin Bogardus / The Hill:
Dodd to seek changes to Treasury relief package
Discussion: The Crypt's Blogs and The Swamp
Dawn Kopecki / Bloomberg:
U.S. Treasury Widens Scope of Plan to Buy Bad Debt
Discussion: American Street and FP Passport
Martin Kady II / The Crypt's Blogs:   Dodd bill more aggressive than Treasury plan
Dr. Rusty Shackleford / The Jawa Report:
Hope, Change, & Lies: Orchestrated “Grassroots” Smear Campaigns & the People that Run Them [Updated]  —  ***Sticky***Scroll past on main page for newer posts***Updates sprinkled throughout post and summarized at end***  —  Extensive research was conducted by the Jawa Report to determine …
Ace of Spades HQ:
“eswinner's” YouTube Account Officially Closed 15 Minutes Ago;  —  No Defamation Without Representation!  —  I would once again stress that this is the best confirmation of everything Rusty alleged... and the stuff he didn't quite allege but we're all thinking is most likely true.
Discussion: The Jawa Report
Dan / Riehl World View:
Did Obama Fund Web-based Smear Campaign Targeting Palin?
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.
Rick Pearson / Clout St:
McCain ad takes on Obama and ‘Chicago machine’  —  Last week, Illinois Democratic Gov. Rod Blagojevich warned home-state presidential candidate Sen. Barack Obama was falling into a Republican trap by siding against the governor's rewrite of a state ethics reform bill.
Kevin Hassett / Bloomberg:
How the Democrats Created the Financial Crisis: Kevin Hassett
Discussion: The Corner
Eric Kleefeld / TPM Election Central:
Election Central Morning Roundup
John McCormick / The Swamp:
McCain camp runs ad on Obama's Chicago
Discussion: Outside The Beltway
Kathleen Gray / Detroit Free Press:
What cars are the candidates driving?
Board of Governors of the Federal Reserve System:
For release at 9:30 p.m. EDT  —  The Federal Reserve Board on Sunday approved, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies.  —  To provide increased liquidity support to these firms as they transition …
Nouriel Roubini / Nouriel Roubini's Global …:
The Shadow Banking System is Unravelling: Roubini Column in the Financial Times.
Discussion: Kevin Drum
Nitya / Political Punch:
Last Year's Big Five Wall Street Bonuses
Discussion: Think Progress and MoJoBlog
Sarah Palin / New York Sun:
Palin on Ahmadinejad: ‘He Must Be Stopped’  —  Governor Palin, the Republican nominee for vice president, was scheduled to speak today at a rally in Dag Hammarskjold Plaza to protest the appearance here of President Ahmadinejad of Iran.  Her appearance was canceled by rally organizers who sought a nonpolitical event.
Andrew Sullivan / The Daily Dish:
The End-Times And Sarah Palin  —  Yes, she believes in them.  Of course she believes in them.  Her former pastor believes that Alaska will be the refuge for the faithful in the lower 48 states when the Rapture comes.  She is a Biblical literalist who denies evolution - who has to deny evolution - to remain in her church.
Discussion: Donklephant
Washington Post:
Steering the McCain Campaign, a Lot of Old Bush Hands  —  When Gov. Sarah Palin flew home to Alaska for the first time since being named the Republican vice presidential nominee, she brought along at least half a dozen new advisers to conduct briefings, stage-manage her first television interview …
Patricia Cohen / New York Times:
Conservatives Try New Tack on Campuses  —  COLORADO SPRINGS — Acknowledging that 20 years and millions of dollars spent loudly and bitterly attacking the liberal leanings of American campuses have failed to make much of a dent in the way undergraduates are educated, some conservatives have decided to try a new strategy.
Richard Wolf / USA Today:
Early voting starts today in some states  —  FAIRFAX, Va. — Voters by the thousands will begin casting ballots for president this week in an early voting process that's expected to set records this year.  —  Residents of Virginia, Kentucky and Georgia are among the first in the nation eligible to vote in person, as well as by mail.
Discussion: The Caucus and
Anne / Nielsen Wire:
Uncommitted Voters More Engaged By RNC Telecasts  —  Voters not yet committed to either candidate were 12% more engaged by TV coverage of the GOP convention than the Democratic convention, according to an analysis released Monday by Nielsen IAG.  —  John McCain's acceptance speech …
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 More Items: 
Ed Rollins / CNN:
Rollins: McCain, Obama botching response to crisis
Jury selection begins in Stevens corruption trial
Discussion: TalkLeft
Satyam / Think Progress:
McCain Clueless When Asked About Fiorina's $40 Million Golden …
Mark Silva / The Swamp:
John McCain: Immigration reform redux
Discussion: Michelle Malkin
Bill Saporito / Time:
How We Became the United States of France
Discussion: Alarming News
The Big Trunk / Power Line:
Jonathan Martin / Jonathan Martin's Blogs:
Team McCain tosses more chum overboard
Discussion: Washington Monthly
 Earlier Items: 
Walter Shapiro / Salon:
The battle for votes in Pennsylvania's Clinton country
Discussion: MSNBC
Monica Langley / Wall Street Journal:
Stand-Ins, Naps Help Debate Preparation
NY Daily News:
Run, Mike, run
Discussion: City Room and New York Magazine
Richard Pérez-Peña / New York Times:
Politico Intends to Expand After Presidential Race Ends
Discussion: Gawker and FishBowlDC