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11:30 AM ET, September 22, 2008

memeorandum

 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 …
RELATED:
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 …
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.
Discussion: Salon and Lawyers, Guns and Money
Kevin Bogardus / The Hill:
Dodd to seek changes to Treasury relief package  —  Sen. Christopher Dodd (D-Conn.) said that the $700 billion bailout for Wall Street firms proposed by the U.S. Treasury Department needed to be modified and Democrats would most likely add new provisions to the package.
Discussion: The Swamp
Nitya / Political Punch:
Last Year's Big Five Wall Street Bonuses
Discussion: MoJoBlog and Think Progress
Washington Post:
As Hill Debates Bailout, Wall St. Shifts Continue
Discussion: Corrente and Spin Cycle
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 …
RELATED:
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.
Dan / Riehl World View:
Did Obama Fund Web-based Smear Campaign Targeting Palin?
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 …
RELATED:
Washington Post:
Giant Investment Banks Grasp for Government Safety Net
Discussion: Prairie Weather
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.
RELATED:
New York Times:
Loan Titans Paid McCain Adviser Nearly $2 Million  —  John McCain's campaign manager played a role in helping the mortgage giants Fannie Mae and Freddie Mac beat back regulatory challenges.
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.
RELATED:
George Bennett / Palm Beach Post:
Palin draws record crowd in Central Florida
Orlando Sentinel:
Palin wows 'em in The Villages
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.
Dale Wetzel / in-forum.com:
Obama campaign staff pulling out of ND  —  BISMARCK, N.D.  —  Barack Obama, who has deployed more than 50 staffers in North Dakota in an attempt to become the first Democratic presidential candidate to carry the state since 1964, is pulling out.  —  An Obama spokeswoman, Amy Brundage …
RELATED:
Andrew Malcolm / Top of the Ticket:
So much for a 50-state Obama campaign. Now down to 46 max
Discussion: Ace of Spades HQ and TalkLeft
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 Electoral-vote.com
New York Times:
2 Candidates Back Bailout, With Caveats  —  John McCain and Barack Obama called for more oversight in the bailout but said the expenditure would not force them to scale back their ambitious agendas.
Jonathan Martin / Jonathan Martin's Blogs:
Team McCain tosses more chum overboard  —  McCain's campaign knows they have to shift the debate away from one solely focused on the near-collapse of the economy on the watch of a Republican administration.  —  They began this effort last week by having McCain lay some of the blame …
Discussion: Washington Monthly
 
 
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 More Items: 
Christian Spillman / Agence France Presse:
Economic crisis threatens EU measures on climate change
CBS News:
Obama Says Economy, Iraq Are Top Issues
Kevin Hassett / Bloomberg:
How the Democrats Created the Financial Crisis: Kevin Hassett
Discussion: The Corner
Jonathan Martin / Jonathan Martin's Blogs:
McCain, concerned about administration bailout, will propose oversight board
Discussion: TIME.com and Spin Cycle
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
Discussion: The Caucus, MSNBC and TIME.com
NY Daily News:
Run, Mike, run
Discussion: New York Magazine and City Room
 Earlier Items: 
Jackson Diehl / Washington Post:
A Peace From the Bottom Up  —  Amid the din of the financial crisis …
Discussion: Soccer Dad and Commentary
Chris Bowers / Open Left:
Why Should We Negotiate With Bush At All?  —  I am going to ask …
Carrie Budoff Brown / The Politico:
Obama walks the abortion minefield
Discussion: Power Line
Richard Pérez-Peña / New York Times:
Politico Intends to Expand After Presidential Race Ends
Discussion: FishBowlDC and Romenesko
Sean D. Naylor / Military Times HOME:
U.S. officer: Pakistani forces aided Taliban
Discussion: Firedoglake and The Agonist