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3:50 AM ET, September 26, 2008

memeorandum

 Top Items: 
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 …
RELATED:
ABCNEWS:
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.
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.
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.
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 …
The Politico:
Wall Street bailout plan breaks down  —  Treasury Secretary Henry Paulson left a late-night session at the Capitol Thursday without a deal on the bailout plan the White House says is needed to prevent economic disaster.  —  Four of the five parties involved in the deal — House Democrats …
Discussion: Daily Kos and Washington Monthly
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 …
David Kurtz / Talking Points Memo:
STRANGE DAYS  —  It is no small irony that after years of being at odds with the right wing of his own party, John McCain is staking his campaign for the presidency on it.  —  During the late afternoon meeting at the White House (a meeting which was McCain's idea), McCain sat silently …
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 …
Martin Kady II / The Crypt's Blogs:
As deal drifts, House GOP releases alternative  —  House Republicans were left out of the morning deal making on the bailout and are already being blamed for derailing the bailout negotiation.  —  So now they've released their own set of “principles” in the 11th hour, relying on mortgage insurance …
Ryan Grim / The Crypt's Blogs:
Frank: Republicans “winced” when McCain was mentioned in meeting
Discussion: The Swamp
New York Times:
McCain Leaps Into a Thicket
Discussion: The New Republic
Dan Payne / Boston Globe:
Sell! Sell! McCain is tanking!
Discussion: TalkLeft
David M. Herszenhorn / New York Times:
Lawmakers Seem Near Deal on Bailout
Calculated Risk:
Paulson Plan Update and JPMorgan WaMu
Discussion: Associated Press
Daniel W. Reilly / The Crypt's Blogs:   Frank: 'I honestly don't know what House Republicans are going to do'
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 …
Discussion: Buck Naked Politics
RELATED:
Alessandra Stanley / New York Times:
A Question Reprised, but the Words Come None Too Easily for Palin
Discussion: CBS News and TalkLeft
Marc Ambinder:   Palin On Foreign Policy, Nation Building, And Why She Disagrees With Kissinger
Ross Douthat:   Sarah The Unready (II)
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 …
RELATED:
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 what is by far the largest bank failure in American history.
Nate Silver / FiveThirtyEight.com:
McCain Doubling Down on Debate?  —  A somewhat contrarian view:  —  I really can't imagine John McCain not attending the debate tomorrow.  Although it's hard to know exactly how the spectacle would play out — Obama fielding questions from Jim Lehrer by himself? — as I opined last night …
Discussion: First Draft
RELATED:
MSNBC:
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 …
Discussion: USS Neverdock
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 …
Discussion: Israel Matzav
Andrew Sullivan / The Daily Dish:
The Couric Interview Part II  —  Words fail:  —  Reading the transcript doesn't help:
RELATED:
Steve Benen / Washington Monthly:
PALIN'S UNIQUE SPIN ON THE BAILOUT.... When Sarah Palin sat …
Gateway Pundit:
Missouri Sheriffs & Top Prosecutors Form Obama “Truth Squads” & Threaten Libel Charges Against Obama Critics  —  More Hope and Change for Missouri...  St. Louis and Missouri Democrat sheriffs and top prosecutors are planning to go after anyone who makes false statements against Obama during his campaign.
 
 
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 More Items: 
Paul Krugman / New York Times:
Where Are the Grown-Ups?
Discussion: Firedoglake
Chris Cillizza / Washington Post:
Bubba Re-Emerges: Still Bitter?
Discussion: CNN and Commentary
Todd Spangler / Detroit Free Press:
Obama has 13-point Michigan lead over McCain
The Huffington Post:
McCain Aide Claims Credit For Deal, Says “We're Going Into A Debate”
The U.S. Department of Labor Home Page …:
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA
Byron York / The Corner:
McCain Stays Put
New York Times:
Dubious Claims in Obama's Ads Against McCain, Despite Vow of Truth
 Earlier Items: 
Ben Smith / Ben Smith's Blogs:
Obama camp: McCain's ‘stunt’
Scott Mayerowitz / ABCNEWS:
O'Neill: Bush Doesn't Understand Crisis, ‘It Shows’
Discussion: Hot Air
Charlotte Bailey / Telegraph:
Hugh Hefner to sack Playboy bunnies amid financial crisis
 

 
From Mediagazer:

Jacob Kastrenakes / The Verge:
X's trending topics surfaced conspiracy theories around Donald Trump's assassination attempt; YouTube and Facebook primarily directed users to news outlets

Associated Press:
A judge dismisses Alec Baldwin's manslaughter case in the fatal shooting of Rust cinematographer Halyna Hutchins, after ruling prosecutors withheld evidence

David Hellier / Bloomberg:
Source: the board of the Ligue de Football Professionnel backed a deal with Dazn and the Qatari sports broadcaster beIN to screen live matches this season

 
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