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4:50 PM ET, September 30, 2008

memeorandum

 Top Items: 
Ryan Grim / The Crypt's Blogs:
House GOP leadership mocked by Rush  —  Rush Limbaugh opened his show today by piling on top of House Republican leadership for claiming that a crucial number of their members voted against the bailout package because of a partisan speech that Speaker Nancy Pelosi (D-Calif.) gave before the roll call.
Discussion: RushLimbaugh.com and Townhall.com
RELATED:
Mark Murray / MSNBC:
FIRST THOUGHTS: WHO SHOULDN'T BE BLAMED
David Brooks / New York Times:
Revolt of the Nihilists  —  In 1933, Franklin Roosevelt inherited an economic crisis.
Mark R. Levin / The Corner:
Thank You, House Republicans
Discussion: protein wisdom
CBS News:
Palin On Biden Age Comment  —  Exclusive: Sarah Palin explains a facetious comment she made about Joe Biden's years in the Senate.  Watch Katie Couric's interview with Sarah Palin tonight on the CBS Evening News.
Discussion: Washington Monthly and Emptywheel
RELATED:
Ben Smith / Ben Smith's Blogs:
Palin's contrast  —  Katie Couric, in a segment to air tonight, asks Palin about her joke that she's been listening to Joe Biden's speeches since second grade, and whether that isn't an odd thing to say given her own running mate's age:
Discussion: Taegan Goddard's …
Tyler Cowen / Marginal Revolution:
The best and worst case scenarios  —  The best case scenario: The bad banks continue to be bought up, there is no run on hedge funds next Tuesday, only mid-sized European banks fail, money market funds keep on buying commercial paper, and the Fed and Treasury continue to operate on a case-by-case basis.
RELATED:
MarketBeat:
Overnight-Lending Markets Still Flashing Red
Ezra Klein / American Prospect:   STATE OF THE CREDIT MARKETS.
Megan McArdle:
What am I so afraid of?  —  Tyler Cowen lays it out:
Discussion: Donklephant
Bill Sammon / Fox News:
Unlike Clinton, Biden Gets Pass for Saying He Was ‘Shot At’ in Iraq  —  When Hillary Clinton told a tall tale about “landing under sniper fire” in Bosnia, she was accused of “inflating her war experience” by Barack Obama's campaign — but the campaign has been silent about Joe Biden telling …
RELATED:
Andrew Malcolm / Top of the Ticket:
After Sarah Palin VP debate, Joe Biden to step aside for Hillary Clinton?  —  It's been one of the most persistent rumors on the internet since John McCain smartly snuffed Barack Obama's convention afterglow by doing what the Democrat considered and rejected: naming a woman as his vice presidential partner.
Discussion: Washington Post
Ryan Corsaro / CBS News:
Biden Focuses on Debate Prep, Mishears Question on Rejection of Bailout Bill
Discussion: Weekly Standard
Ben Smith / Ben Smith's Blogs:
RNC ad, was cut, sent out before package failed  —  The Republican National Committee's new advertisement critical of the the Wall Street “bailout” was produced and sent to television stations in key states before the package failed, officials at two stations said.  —  “Wall Street Squanders our money.
RELATED:
New York Times:
Bloomberg Called Ready to Announce Third-Term Bid  —  After months of speculation about his political future, Mayor Michael R. Bloomberg plans to announce on Thursday morning that he will seek a third term as mayor, according to three people who have been told of his plans.
RELATED:
Myglesias / Matthew Yglesias:
Third Term for Bloomberg  —  Looks like Michael Bloomberg is going to try to get the rule changed to allow him to run for a third term as mayor of New York City.  I think Bloomberg's been a good mayor, but I'm very familiar with the alternatives so I wouldn't want to express a view …
Gallup:
Gallup Daily: Obama Holds 6-Point Lead  —  Two weeks since McCain's had any advantage in voter preferences  —  PRINCETON, NJ — Barack Obama continues to hold a significant lead over John McCain in Gallup Poll Daily tracking, 49% to 43%.  —  This is based on interviewing conducted Sept. 27-29 …
RELATED:
The Huffington Post:
Report: Gingrich Stabbed Boehner In Back, Whipped GOP Opposition To Bailout  —  Former House Speaker Newt Gingrich was working aggressively behind the scenes to defeat the Wall Street rescue plan minutes before he himself released a public statement in support of the package, NBC's Andrea Mitchell reported on Tuesday.
RELATED:
Mike Link / SEIU:
SEIU Endorses DeFazio Bill to Address Financial Crisis  —  New Plan Would Protect Taxpayers, Tighten Regulatory Safeguards  —  WASHINGTON, DC - The two million-member SEIU (Service Employees International Union) is backing the plan announced today by Rep. Peter DeFazio and other Members …
Discussion: Open Left
RELATED:
Jonathan Martin / Jonathan Martin's Blogs:
Obama aide takes age swipe at McCain  —  Obama communications guru Robert Gibbs this morning compared John McCain's response to the economic crisis to an unsteady driver, a not-so-subtle dig at the Republican's age.  —  “Look, if he's driving a car, get off the sidewalk,” …
RELATED:
Steve Benen / Washington Monthly:
SOMETIMES, A DIG IS JUST A DIG.... There was a point a couple …
Discussion: Swampland and Alas, a blog
Jeffrey A. Miron / CNN:
Commentary: Bankruptcy, not bailout, is the right answer  —  Editor's note: Jeffrey A. Miron is senior lecturer in economics at Harvard University.  A Libertarian, he was one of 166 academic economists who signed a letter to congressional leaders last week opposing the government bailout plan.
David Kurtz / Talking Points Memo:
IF AT FIRST YOU DON'T SUCCEED, SUSPEND AGAIN!  —  John McCain made the morning show rounds today.  On Fox they were virtually begging him to “suspend” his campaign again in the wake of the bailout failure yesterday on the Hill.  You know, since it worked out so well the first time.
Steve Benen / Washington Monthly:
PALIN AND THE SUPREME COURT.... Howard Kurtz generated some interest yesterday when he reported that as bad as Sarah Palin's interview(s) with Katie Couric were, the “worst may be yet to come for Palin; sources say CBS has two more responses on tape that will likely prove embarrassing.”
Jeff White / FP Comment:
Bailout marks Karl Marx's comeback  —  Marx's Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout  —  By Martin Masse  —  In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power …
Discussion: The News Buckit
Ross Douthat:
Why McCain Lost (The Debate, That Is)  —  It feels somewhat irrelevant given how quickly economic events seem to be overtaking the campaign, but here's a quick final thought on last Friday's debate, and why the great and good American people (at least judging by the polls to date) …
Discussion: Kevin Drum and Eunomia
Krooney / TIME.com:
McCain Plays the Bill Clinton Card  —  Minute-long TV spot from the Arizonan's camp quotes the former president while touting McCain's record pushing for stronger regulations with Fannie and Freddie.  —  Uses Clinton quote to suggest the responsibility for the economic crisis lies in part with Obama and the Democrats.
 
 
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 More Items: 
Greg Sargent / TPM Election Central:
Obama Edging Into More Active Role On Crisis
Discussion: Salon and Kevin Drum
Patrick Ruffini / The Next Right:
McCain Acting Like a Senator Not the President
Bruce Bawer / Pajamas Media:
Who's Sleeping More Deeply — Europe or America?
The Huffington Post:
New Urgency Over McCain Medical Questions As Election Nears
Discussion: Open Left
Bloomberg:
Euro Falls Most Against Dollar Amid European Banking Failures
Discussion: Vodkapundit
 Earlier Items: 
Ali / Think Progress:
Glenn Beck, Jonah Goldberg fantasize about violently cutting open …
Ben Smith / Ben Smith's Blogs:
Hugo of Arabia?  —  A Democrat sends over this clip …
Discussion: Wonkette
Los Angeles Times:
The green bubble bursts