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9:25 PM ET, September 24, 2008

memeorandum

 Top Items: 
Jennifer Parker / Political Radar:
McCain: Scrap Friday Debate for Bailout; Obama: The Debate is On  —  ABC News' George Stephanopoulos and Rick Klein report: Republican presidential candidate John McCain on Wednesday said he would “suspend” his presidential campaign to come to Washington to help negotiate a financial bailout bill …
RELATED:
Ben Smith / Ben Smith's Blogs:
McCain's gambit  —  McCain suspends his campaign, and asks to postpone Friday's debate, to address the financial crisis.  —  Both candidates have been marginal players; McCain, though, seems to have the potential to make himself a major one, and his move is a mark, most of all, that he doesn't like the way this campaign is going.
New York Times:
Obama Rebuffs McCain on Debate Delay  —  Senator John McCain on Wednesday injected another surprise into his presidential campaign, announcing that he would suspend campaigning on Thursday and seek a delay in this week's planned debate so that he could return to Washington to try to forge a consensus on a financial bailout package.
Joe Klein / Swampland:
Gimmicks ‘R’ Us  —  McCain suspends his campaign because of financial crisis?  Oh please.  Given today's poll numbers—even Fox has him dropping—it seems another Hail Mary (like the feckless selection of Palin) to try make McCain seem a statesman, which is difficult given the puerile tenor of his campaign's message operation.
Chris Cillizza / Washington Post:
Behind McCain's Decision to Suspend His Campaign  —  John McCain's decision to suspend his campaign comes as two new polls show him slipping in the head to head matchup against Barack Obama.  (AP Photo/Gerald Herbert)  —  Sen. John McCain's surprise announcement that he would temporarily suspend …
Fox News:
McCain Suspends Campaign to Help With Bailout  —  John McCain will suspend his presidential campaign Thursday and has asked to postpone his debate Friday with Barack Obama so the two senators can return to Washington to help negotiate a Wall Street bailout, an approach that Obama promptly rejected.
Drudge Report:
MCCAIN SUSPENDS CAMPAIGN TO FOCUS ON ECONOMY; WANTS DEBATE DELAY  —  MCCAIN: America this week faces an historic crisis in our financial system.  We must pass legislation to address this crisis.  If we do not, credit will dry up, with devastating consequences for our economy.
Jonathan Martin / Jonathan Martin's Blogs:
McCain taking ads down  —  Aiming to prove how serious he is about addressing the financial crisis, John McCain has instructed his staff to take all his campaign commercials off the air, a spokesman tells Politico.  —  “As John McCain said, now is the time to put partisanship aside …
Discussion: Weekly Standard
Tahman Bradley / Political Radar:
Ole Miss Official Says Debate Cancellation Would be ‘Devastating’
Discussion: Open Left
Washington Post:
McCain Calls for Debate Delay to Focus on Financial Crisis
Discussion: Colorado Independent
Drudge Report:
EXCLUSIVE: LETTERMAN MOCKS MCCAIN CANCELLATION  —  David Letterman tells audience that McCain called him today to tell him he had to rush back to DC to deal with the economy.  —  Then in the middle of the taping Dave got word that McCain was, in fact just down the street being interviewed by Katie Couric.
RELATED:
Ben Smith / Ben Smith's Blogs:
Letterman mocks McCain cancellation
Discussion: Emptywheel
CNN:
McCain camp to propose postponing VP debate  —  (CNN) — McCain supporter Sen. Lindsey Graham tells CNN the McCain campaign is proposing to the Presidential Debate Commission and the Obama camp that if there's no bailout deal by Friday, the first presidential debate should take the place of the VP debate …
Jonathan Martin / Jonathan Martin's Blogs:
It's a good thing McCain's move is dominating the news  —  Sarah Palin's interview with Katie Couric, the first portion of which airs tonight, won't give Republicans any reassurance that she's ready for prime time.  —  It will, however, reassure McCain aides that their following the right course of action by keeping her shielded.
Discussion: The Swamp
RELATED:
Marc Ambinder:
Couric v. Palin On McCain's Record
CBS News:
One-On-One With Sarah Palin
Discussion: NewsBusters.org, Shakesville and MyDD
Diane Francis / Financial Post:   Karl Rove: Palin readiness unknown
Ben Smith / Ben Smith's Blogs:
A non-emergency meeting  —  The McCain campaign's new urgency about the financial crisis didn't entirely clear his schedule this morning.  —  My colleague Amie Parnes reports that he made it to his scheduled morning meeting with Lady Lynn de Rothschild, a Clinton backer who recently came out in support of him.
National Enquirer:
SARAH PALIN LOVER REVEALED!  —  In a world exclusive The NATIONAL ENQUIRER names GOP VP Candidate Sarah Palin's secret lover!  —  No less than three members of the man's family including one by sworn affidavit have claimed that Sarah Palin engaged in an extramarital affair with hus­band Todd's former business partner, Brad Hanson.
Jonathan Martin / Jonathan Martin's Blogs:
Palin gets question, looks to McCain, demurs  —  This is what happens when campaigns let reporters into photo ops.  They get all uppity and ask questions.  —  From the pool report account of what happened after McCain and Palin's meeting with Georgian President Mikheil Saakashvilli and Ukrainian President Viktor Yushchenko:
Kathryn Jean Lopez / The Corner:
The Debate Debate  —  Obama is on TV right now.  —  Some of this is a lot of nonsense, but if I'm just getting home from work and I only pay casual attention to these debates, Obama sounds reasonable and less gimmicky than McCain.  —  He says that there is no reason why we can't do more than one thing at once.
Discussion: The New Republic and Salon
RELATED:
Ben Smith / Ben Smith's Blogs:
Obama responds: ‘Exactly the time’ for a debate
Ben Smith / Ben Smith's Blogs:
Reid: McCain return ‘would not be helpful’  —  Senate Majority Leader Harry Reid, in a statement that would be unlikely to go out without the Obama campaign's approval, dismisses McCain's suspension:
RELATED:
Sam Stein / The Huffington Post:
Obama And Democrats Call McCain's Bluff
Discussion: Oliver Willis
Martina Stewart / CNN:
Florida congressman points to Palin to rally Jews to Obama  —  (CNN) - Rep. Alcee Hastings told an audience of Jewish Democrats Wednesday that they should be wary of Republican VP nominee Sarah Palin because “anybody toting guns and stripping moose don't care too much about what they do with Jews and blacks.”
SurveyUSA:
Here Are The Results of SurveyUSA News Poll #14454  —  Sponsors: KAAL-TV Rochester-Mason City-Austin, KABC-TV Los Angeles, KATU-TV Portland, KCTV-TV Kansas City, KFOR-TV Oklahoma City, KFSN-TV Fresno, KGTV-TV San Diego, KING-TV Seattle, KOB-TV Albuquerque, KPIX-TV San Francisco, KSAX-TV Alexandria …
Rick Newman / US News:
A $25 Billion Lifeline for GM, Ford, and Chrysler  —  In Washington these days, an 11-figure expenditure barely attracts notice.  —  With Congress preoccupied with the massive, $700 billion bailout plan for the financial industry, General Motors, Ford, and Chrysler have finally secured Part One of their own federal rescue plan.
Discussion: Megan McArdle and The New Republic
Glenn Greenwald / Salon:
Why is a U.S. Army brigade being assigned to the “Homeland”?  —  (updated below - Update II)  —  Several bloggers today have pointed to this obviously disturbing article from Army Times, which announces that “beginning Oct. 1 for 12 months, the [1st Brigade Combat Team of the 3rd Infantry Division] …
Discussion: Open Left
Domenico Montanaro / MSNBC:
BARNEY FRANK ON MCCAIN, HAIL MARYS  —  From NBC's Mike Viqueira  —  For what it's worth, the man who is leading congressional Democrats in negotiating the bailout deal with the administration isn't impressed with Sen. McCain's announcement.  —  Rep. Barney Frank told a group of reporters outside the House chamber:
University of Chicago GSB Faculty Redirect Page:
To the Speaker of the House of Representatives and the President pro tempore of the Senate:  —  As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis.  We are well aware of the difficulty …
Discussion: Washington Wire and Threat Level
Michael D. Shear / Washington Post:
McCain's Aides Give the Tick Tock  —  NEW YORK — McCain senior adviser Steve Schmidt said the GOP presidential nominee had begun to take his television ads down unilaterally and said the Arizona senator is hoping that Sen. Barack Obama will do the same.  —  “Senator McCain made a decision today …
Discussion: BAGnewsNotes
Laura Meckler / Wall Street Journal:
McCain, Obama Still Close in Poll  —  Voters Grow Angrier Over U.S.'s Direction  —  WASHINGTON — The race between Barack Obama and John McCain remains a dead heat, despite financial turmoil that has turned the nation's attention to economic issues that tend to favor the Democratic presidential candidate …
Discussion: Hot Air and Real Time Economics
Josh Marshall / Talking Points Memo:
BE HONEST  —  Let's state outright a few obvious points.  Bringing the presidential candidates and their press entourages back to Capitol Hill won't speed or improve the process of coming up with a good bailout deal.  It will politicize it.  That's so transparently obvious that it barely requires stating.
Discussion: Washington Monthly
 
 
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 More Items: 
Matt Stoller / Open Left:
The Hot Soup Coalition Launches to Spy on You and Take Your Internet
Stirling Newberry / Firedoglake:
How the Financial Meltdown Came To Be: The Crooked Deal's Collapse
Marc Ambinder:
What Is Politics?  —  This is the time when politics matters the most, not the least.
Discussion: MoJoBlog
Ian Welsh / Firedoglake:
FISA all over again as Barney Frank Undercuts Dodd
Salon:
I ghost-wrote letters to the editor for the McCain campaign
Discussion: www.redstate.com
Janet Hook / Los Angeles Times:
Times poll shows Barack Obama has slight lead over John McCain
 Earlier Items: 
Kathryn Jean Lopez / The Corner:
Since Obama Seems to Want to Go On with the Debate
Dr. Rusty Shackleford / The Jawa Report:
Holy Crap, a SECOND Winner Palin Smear Video? …
Discussion: Hot Air
Myglesias / Matthew Yglesias:
McCain Calls Time Out
Discussion: Washington Monthly and Wonkette
Mark Murray / MSNBC:
NBC/WSJ POLL: DOUBTS ABOUT PALIN
WNBC:
PETA Urges Ben & Jerry's To Use Human Milk
Scott Keeter / PewResearch.org:
Cell Phones and the 2008 Vote: An Update
Discussion: Pollster.com and The Caucus