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McCain takes credit for bill before it loses — Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition - hours before the vote failed and stocks tanked. — The rush to claim he had engineered a victory now looks like a strategic blunder …
Discussion:
Washington Post, Boston Globe, TPM Election Central, Oliver Willis, Comedy Central, Hullabaloo and Spin Cycle
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OK, we are a banana republic — House votes no. Rex Nutting has the best line: House to Wall Street: Drop Dead. He also correctly places the blame and/or credit with House Republicans. For reasons I've already explained, I don't think the Dem leadership was in a position to craft a bill …
Discussion:
New York Times, Firedoglake, MarketWatch, Corrente, Raising Kaine, Open Left, Deal Journal, Economist's View, The Mahablog and Prairie Weather

Bailout questions answered — I'm being asked two big questions about this thing: (1) Was it really necessary? (2) Shouldn't Dems have tossed the whole Paulson approach out the window and done something completely different? — On (1), the answer is yes.

THAT MEAN, NASTY NANCY PELOSI — Here's the Pelosi floor speech that Republicans claim so enraged them that they decided to change their votes on the bailout: — And here is the Republican House leadership laying all the blame at Pelosi's feet:

Rep. Pelosi's Remarks on Floor Ahead of House Bailout Vote — Her remarks, as prepared for delivery, according to Rep. Pelosi's office: — “Madam Speaker, when was the last time someone asked you for $700 billion? — It is a number that is staggering, but tells us only the costs …


Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings
Discussion:
Politics Blog

The End of the U.S. Financial System as We Know It?
Discussion:
Hot Air, The Hill's Blog Briefing Room, Townhall.com, skippy the bush kangaroo and The Campaign Spot

House Rejects Bailout Package, 228-205; Stocks Plunge
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TalkLeft, Swampland, The Huffington Post, The Moderate Voice, Newshoggers.com, Michael Moore, NewsBusters.org, the talking dog, CNNMoney.com, The Reaction, The Caucus, Emptywheel, Guardian, About.com US Liberal Politics, Washington Post, Kevin Drum, Atlantic Free Press, Gawker, LAist, Economix, Undiplomatic, Below The Beltway, Neptunus Lex, Colorado Independent, Capital Gains and Games blogs, ECHIDNE OF THE SNAKES, The Impolitic, marbury, Washington Monthly, unbossed.com and About.com US Politics


McCain's Share of The Blame?
Discussion:
Crooks and Liars, Swampland, Jonathan Martin's Blogs, Stumper, Raising Kaine and Taylor Marsh

Analysis: House vote against bailout wounds McCain
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Comedy Central

Breaking: Bailout bill fails, Dow roller-coasters; Update: Pelosi speech added
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The Moderate Voice, Weekly Standard, protein wisdom, JustOneMinute, Stop The ACLU, Wake up America and culturekitchen

After Taking Credit For Bailout Bill, Is McCain Campaign Willing …
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AMERICAblog News, Washington Monthly, The Caucus, Daily Kos, Emptywheel and DownWithTyranny!

Obama: McCain's deregulation too risky for economy
Discussion:
The Democratic Daily

Sarah Palin Endorses Hamas — How can it be that some people still pretend that Sarah Palin is suited for high office? This country has never seen someone so comprehensively unprepared for the vice presidency; Dan Quayle was Metternich by comparison. I've watched Sarah Palin's interview …
Discussion:
Top of the Ticket, Matthew Yglesias, American Footprints, Comments from Left Field, Taylor Marsh and Eunomia
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In reintroduction, Palin to do more interviews and “tell her story” — Tacitly acknowledging criticism that she's been diminished in part by an overly protective media shield, Sarah Palin will take a more forward-leaning approach and do additional interviews in the weeks ahead, a top aide said today.


Exclusive: McCain, Palin Answer Critics — Katie Couric Asks Palin If She Contradicted McCain On Pakistan And Her Response To GOP Criticism … Katie Couric: Over the weekend, Gov. Palin, you said the U.S. should absolutely launch cross-border attacks from Afghanistan into Pakistan to …

‘Substantive’ Press Is Taken for a Spin — OXFORD, Miss. — David Axelrod was surrounded by a pack of camera-toting, mike-wielding, pushing-and-shoving media types, one of whom asked whether his man Barack Obama had been “too nice” in the just-completed debate with John McCain.

FRED AND GINGER THEY AIN'T — John and Sarah take on Katie Couric ... together:
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AMERICAblog News

More to come from Palin-Couric — Howie Kurtz raised some eyebrows by reporting this morning that “the worst may be yet to come for Palin; sources say CBS has two more responses on tape that will likely prove embarrassing.” — A source familiar with CBS News' plans clarified that this is part of the …

Palin, Couric, ‘gotcha journals,’ cowboys
Discussion:
Jonathan Martin's Blogs

McCain's Moment — No one wants to take ownership of the task of rescuing the economy right now. The Bush-Paulson plan has failed. The administration, House Democrats, and House Republicans (above all) have all proved unable to deliver. But there is someone who might be able to save the economy …
Discussion:
Democratic Strategist
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FOX/Rasmussen Swing State Polling - September 28, 2008 — Overview — Polling this week in Colorado, Florida, Ohio, Pennsylvania, and Virginia shows that Barack Obama has gained a net 3 to 5 percentage points in each state compared to the previous Fox News/ Rasmussen Reports poll.
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Fed Pumps Further $630 Billion Into Financial System — Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.

Swing District Congressmen Doomed Bailout — This was predictable, I suppose, but it's remarkable to see how strong a relationship there is between today's failed vote on the bailout and the competitive nature of different House races. — Among 38 incumbent congressmen in races rated as …

Stephanopoulos: What's Next? Congress Mulls Four Options — ABC News' George Stephanopoulos reports: There are meetings going on right now on Capitol Hill to try to figure out what to do about the $700 billion Wall Street bailout bill that failed to pass the House today.