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8:40 PM ET, September 25, 2008

memeorandum

 Top Items: 
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.
RELATED:
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.
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.
Washington Post:
White House Meeting Fails to Yield Bailout Deal  —  Republicans Resist Agreement Met By House, Senate Negotiators  —  Top congressional leaders from both parties, including Democratic presidential candidate Barack Obama and Republican nominee John McCain, met with President Bush …
David M. Herszenhorn / New York Times:
Lawmakers Seem Near Deal on Bailout  —  WASHINGTON — Lawmakers indicated Thursday that they were close to hashing out an agreement on a proposed $700 billion bailout of the financial system, hours before a meeting at the White House to complete the deal.  —  After Congressional staff members …
Marc Ambinder:
Bailout Agreement Unraveling?
Discussion: The Corner and Salon
Marc Ambinder:
What Happened In The Cabinet Room...
Discussion: Hot Air
Frank James / The Swamp:
Obama picks Stones over Beatles
Jennifer Loven / Associated Press:
Tentative meltdown deal: Bush, McCain, Obama meet
Rich Lowry / The Corner:   Situation in House  —  A friend following it closely …
The Huffington Post:
McCain Campaign Still Active Across The Country
Natalie Gewargis / Political Punch:
McCain Campaign Staffer to Attend White House Meeting*
Discussion: Salon
Washington Post:
McCain Stops at Senate en Route to White House
Discussion: Marc Ambinder and Reuters
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?
RELATED:
CBS News:
Exclusive: Palin On Foreign Policy  —  Katie Couric: As we stand before this august building and institution, what do you see as the role of the United States in the world?  —  Sarah Palin: I see the United States as being a force for good in the world.  And as Ronald Reagan used to talk about …
Jason Zengerle / The New Republic:
A Semi-Defense of Sarah Palin  —  Okay, maybe not even that.  Let's call it a charitable interpretation of Sarah Palin.  Matthew Yglesias is puzzled by her statement (in the interview Chris highlights below): … Yglesias wonders whether … But I think what she's actually talking …
Discussion: Matthew Yglesias
Steve Benen / Washington Monthly:
PALIN'S UNIQUE SPIN ON THE BAILOUT.... When Sarah Palin sat down with ABC's Charlie Gibson a couple of weeks ago, it was a fairly dominant story.  Palin's interview yesterday with CBS's Katie Couric is drawing significantly less attention, obviously because it's facing tougher competition from other news developments.
Christine Lagorio / CBS News:
New Sarah Palin Clip: Keeping An Eye On Putin
Discussion: TalkLeft and Washington Wire
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 …
RELATED:
Kenneth P. Vogel / The Politico:
In a first, Palin takes press questions
Discussion: The New Republic
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.
RELATED:
Liz Sidoti / Associated Press:   No change yet in McCain debate status
RELATED:
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: Think Progress and Hot Air
Mark Finkelstein / NewsBusters.org:
Schieffer: Paulson Pleaded for McCain to Save Bailout
Jonathan Martin / Jonathan Martin's Blogs:
Nope, nothing campaign-related here  —  McCain met with congressional leaders earlier today and has now returned to his Senate office.  But it's increasingly implausible to think that what he's doing is anything different than he'd be doing on the campaign trail, except he's in person now instead of on his cell phone.
RELATED:
Gallup:
Gallup Daily: Race Back to a Tie at 46% Each  —  PRINCETON, NJ — John McCain has gained ground and is now tied with Barack Obama among registered voters in the latest Gallup Poll Daily tracking update for Sept. 22-24, with each candidate getting 46% support.
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: Gawker and Jules Crittenden
Associated Press:
McCain campaign slows, but doesn't stop  —  WASHINGTON - Republican presidential nominee John McCain vowed Wednesday to suspend his campaign to focus on the nation's financial crisis, but there were plenty of signs of activity Thursday — including an apparently live fundraising link on the campaign's Web site.
 
 
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 More Items: 
Allahpundit / Hot Air:
Ho hum: Obama's lawyer threatens TV stations that run NRA ad
Discussion: Sister Toldjah and Pajamas Media
New York Times:
Absence of Leadership  —  It took President Bush until Wednesday night …
Melanie Morgan:
Obama Campaign Supporters Meet With Iranian President
Discussion: Hot Air
Real Time Economics:
Text of Lawmakers' Agreement on Principles
Discussion: Conglomerate and Balkinization
Brandon Friedman / VetVoice:
Sarah Palin Links Iraq to 9/11
Discussion: Pam's House Blend
Megan McArdle:
How do we know something bad is going to happen?
Andrew Sullivan / The Daily Dish:
Palin On Russia  —  All you can say is: unbelievable.  Except it's true.
Discussion: MoJoBlog
 Earlier Items: 
Reuters:
Era of U.S. financial dominance at an end: Germany
Chad Pergram / Fox News:
Panel:House Democrats Botched Immigration Vote
Discussion: Michelle Malkin
Bob Cusack / The Hill:
McCain has not sponsored a banking bill this Congress
Jonathan Martin / Jonathan Martin's Blogs:
What liberals are up in arms about this morning
Discussion: The New Republic
Chicago Sun Times:
Obama grant being probed
Discussion: Commentary, Townhall.com and Hot Air
Josh Wolk / EW.com:
Jon Stewart and Stephen Colbert: Mock the Vote
Discussion: Political Radar and culturekitchen