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11:30 PM ET, September 25, 2008


 Top Items: 
Marc Ambinder:
Bailout Agreement Unraveling?  —  During the White House meeting, it appears that Sen. John McCain had an agenda.  He brought up alternative proposals, surprising and angering Democrats.  He did not, according to someone briefed on the meeting, provide specifics.
Deal May Be Dead: Democrats Blaming McCain  —  Obama, McCain Leave White House Without Deal on $700 Billion Bailout  —  After days of bipartisan negotiations and meetings today at the White House, the deal to bail out staggered investment banks may be dying amid partisan finger-pointing.
Jackie Kucinich / The Hill:
House GOP: We have leverage on bailout  —  House Republicans say they have significant leverage on the revamped bailout package, claiming that Democrats will scramble for votes unless they make changes to it.  —  Republicans in the lower chamber are balking at the bailout package …
Jonathan Martin / Jonathan Martin's Blogs:
McCain to do round of network interviews tonight  —  John McCain will appear on all three network newscasts tonight, a top aide said.  —  McCain is at the White House meeting with President Bush, Barack Obama and congressional leaders now and will tape interviews with NBC, ABC and CBS after the West Wing session.
Wall Street Journal:
Agreement Reached on Bailout Ahead of High-Level Meeting  —  Proposal Breaks $700 Billion Into Installments  —  A bipartisan group of House and Senate lawmakers left a two-hour-plus meeting in the U.S. Capitol on Thursday saying they have a “fundamental agreement” on a $700 billion plan to bail out U.S. financial markets.
Marc Ambinder:
What Happened In The Cabinet Room...  Though Sen. Chris Dodd implied that Sen. McCain sandbagged the rest of the negotiators by bringing up alternative proposals, McCain himself did not bring up those proposals, according to four independent sources briefed by four different principals inside the meeting …
New York Times:
Fate of Bailout Plan Remains Uncertain  —  WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation.  It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas …
Ryan Grim / The Crypt's Blogs:
Frank: Republicans “winced” when McCain was mentioned in meeting  —  Rep. Barney Frank (D-Mass.) said that “nobody mentioned McCain” during the several-hour-long meeting on the $700 billion market rescue plan, other than Frank and that his Republican colleagues “winced” when he did.
Discussion: The Swamp
David Rogers / The Politico:
Deal would phase in bailout funds  —  The leaders of House and Senate banking committees reached a bipartisan agreement Thursday on the framework for legislation authorizing Treasury's ambitious $700 billion rescue plan for the financial markets.  —  The final language of the bill must still …
Washington Post:
Negotiations Falter on Bailout Deal
David M. Herszenhorn / New York Times:
Lawmakers Seem Near Deal on Bailout
The Huffington Post:
At White House, McCain Plays Bailout Spoiler
Discussion: Daily Kos and Political Radar
Martin Kady II / The Crypt's Blogs:
As deal drifts, House GOP releases alternative
Discussion: MoJoBlog and Hot Air
Daniel W. Reilly / The Crypt's Blogs:   Frank: 'I honestly don't know what House Republicans are going to do'
Bob Cusack / The Hill:   McCain has not sponsored a banking bill this Congress
Marc Ambinder:
Being Close To Russian Entails......  The next installment in Katie Couric's interview with Gov. Sarah Palin.  —  Watch CBS Videos Online  —  COURIC: You've cited Alaska's proximity to Russia as part of your foreign policy experience.  What did you mean by that?
Steve Benen / Washington Monthly:
Discussion: Balloon Juice and
CBS News:
Exclusive: Palin On Foreign Policy
Andrew Sullivan / The Daily Dish:
The Couric Interview Part II
Discussion: Think Progress and Daily Kos
Jason Zengerle / The New Republic:
A Semi-Defense of Sarah Palin
Discussion: Matthew Yglesias
David Kurtz / Talking Points Memo:
Discussion: CBS News, TalkLeft and Open Left
Wall Street Journal:
J.P. Morgan to Take Over Faltering WaMu  —  U.S. Government Helps Broker a Deal to Dispose of Huge Thrift; Banking Giant Expected to Get Deposits, Branches  —  In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. and struck a deal …
Discussion: Firedoglake and Slog
New York Times:
Government Seizes WaMu and Sells Some Assets  —  Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night in the largest bank failure in American history.  —  Regulators simultaneously brokered …
The ‘lost’ Palin files  —  When federal judges in San Francisco ruled in 2002 that reciting the Pledge of Allegiance in public schools was unconstitutional because it included the phrase “under God,” Sarah Palin was not amused.  Palin, who at the time was Mayor of Wasilla, Alaska …
The Huffington Post:
Obama Will Make Debate A Townhall If McCain Doesn't Show  —  UPDATE: An adviser Barack Obama says he expects John McCain to attend: … Barack Obama is committed to hosting a public, televised event Friday night in Mississippi even if John McCain does not show up, an official close to the Obama campaign tells the Huffington Post.
Peter Hamby / CNN:
Palin takes questions from press corps for first time  —  NEW YORK (CNN) — Sarah Palin took questions from her traveling press corps Thursday for the first time since being tapped as John McCain's running mate.  —  Speaking to a small pool of reporters following a visit to Ground Zero in lower Manhattan …
Washington Post:
Palin Accepted $25,000 in Gifts, Alaska Records Show  —  Alaska Gov. Sarah Palin, who has made a crackdown on gift-giving to state officials a centerpiece of her ethics reform agenda, has accepted gifts valued at $25,367 from industry executives, municipalities and a cultural center whose …
Jonathan Steele / Guardian:
Israel asked US for green light to bomb nuclear sites in Iran  —  US president told Israeli prime minister he would not back attack on Iran, senior European diplomatic sources tell Guardian  —  Israel gave serious thought this spring to launching a military strike on Iran's nuclear sites …
Faiz / Think Progress:
Sanders Schools Kudlow: 'You've Become A Socialist — Your Version Of Socialism Is To Bail Out The Rich'  —  Appearing on CNBC's Kudlow and Company on Tuesday night, Sen. Bernie Sanders (I-VT) dismantled host Larry Kudlow's proclaimed support for unfettered free market enterprise.
Discussion: Left in the West and Daily Kos
Charlotte Bailey / Telegraph:
Hugh Hefner to sack Playboy bunnies amid financial crisis  —  Playboy bunnies have become the latest victim of the credit crunch.  —  Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil.
Discussion: The Moderate Voice and Gawker
Rod Dreher / beliefnet:
Palin debacle on CBS Evening News  —  Watch the Couric interview here.  Couric's questions are straightforward and responsible.  Palin is mediocre, again, regurgitating talking points mechanically, not thinking.  Palin's just babbling.  She makes George W. Bush sound like Cicero.
johnny dollar's place:
‘Walk Away from These Right Wing Liars!’  —  J$P Audio!  O'Reilly erupts against talk radio, calls Barney Frank a ‘fat toad’:  —  From The Radio Factor, September 25 2008 fox news bor bail bf  —  UPDATE: Complete audio (minus commercials) of the entire hour here.
Discussion: Gawker, L.A. Land and Pursuing Holiness
Scott Mayerowitz / ABCNEWS:
O'Neill: Bush Doesn't Understand Crisis, ‘It Shows’  —  The President's Former Treasury Secretary Speaks Out About $700 Billion Bailout  —  ABC NEWS Business Unit  —  Former Treasury Secretary Paul O'Neill said today that our nation's leaders — especially President Bush — are “in a panic” …
Discussion: Hot Air
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 More Items: 
Ben Rooney /
Bailout foes hold day of protests
Discussion: Michelle Malkin and The Raw Story
Eric Kleefeld / TPM Election Central:
Obsession DVD Distributors: Would We Try To Influence Election?  Never!
Discussion: Booman Tribune
Ben Smith / Ben Smith's Blogs:
Obama camp: McCain's ‘stunt’
Discussion: You Decide 2008
Marc Ambinder:
Palin On Foreign Policy, Nation Building, And Why She Disagrees With Kissinger
Ross Douthat:
Sarah The Unready (II)
Ben Smith / Ben Smith's Blogs:
Obama seeks to take down NRA ad
Discussion: The Huffington Post
 Earlier Items: 
Amanda Carpenter /
Code Pink Obama Bundler Meets With Ahmadinejad
Discussion: Melanie Morgan and Power Line
Byron York / The Corner:
The Debate Dance  —  For most of today, I've thought that the debate …
Associated Press:
McCain campaign slows, but doesn't stop
Brandon Friedman / VetVoice:
Sarah Palin Links Iraq to 9/11
Discussion: Pam's House Blend
Andrew Sullivan / The Daily Dish:
Palin On Russia  —  All you can say is: unbelievable.  Except it's true.
Discussion: MoJoBlog