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9:20 AM ET, September 30, 2008


 Top Items: 
David Brooks / New York Times:
Revolt of the Nihilists  —  In 1933, Franklin Roosevelt inherited an economic crisis.  He understood that his first job was to restore confidence, to give people a sense that somebody was in charge, that something was going to be done.  —  This generation of political leaders is confronting …
New York Times:
With Deal's Collapse, the McCain Camp Attacks  —  WEST DES MOINES, Iowa — Besides stockholders whose portfolios were ravaged Monday afternoon, the one person with the most riding on the bailout bill that collapsed in Congress may have been Senator John McCain.
Jackie Calmes / New York Times:
In Bailout Vote, a Leadership Breakdown  —  WASHINGTON — The collapse of the proposed rescue plan for the teetering financial system was the product of a larger failure — of political leadership in Washington — at a moment when the world was looking to the United States to contain the cascading economic crisis.
Jennifer Parker / Political Radar:
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.
Washington Post:
An Appeal and a Blame Game
Discussion: marbury
Paul Krugman:
OK, we are a banana republic
Washington Post:
How the Numbers Failed the Leaders
Jared Allen / The Hill:
The bailout implodes  —  The historic $700 billion bill aimed …
Discussion: Firedoglake
Jonathan Martin / Jonathan Martin's Blogs:
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.
CBS News:
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 …
Adam Nagourney / New York Times:
Concerns About Palin's Readiness as a Big Test Nears  —  A month after Gov. Sarah Palin joined Senator John McCain's ticket to a burst of excitement and anticipation among Republicans, she heads into a critical debate facing challenges from conservatives about her credentials …
Discussion:, The Corner and The Caucus
Roger Simon / The Politico:
Biden's strategy: Go easy on Palin  —  If Sarah Palin goofs, flounders, stumbles or blunders during her debate against Joe Biden on Thursday night, Biden is going to let it slide.  —  “If she makes a gaffe, he underplays it,” one of the people prepping Biden for his vice presidential debate told me.
Glenn Reynolds / Pajamas Media:
A READER AT A MAJOR NEWSROOM EMAILS: “Off the record, every suspicion you have about MSM being in the tank for O is true.  We have a team of 4 people going thru dumpsters in Alaska and 4 in arizona.  Not a single one looking into Acorn, Ayers or Freddiemae.  Editor refuses to publish anything …
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.
Washington Post:
Treasury, Fed Low on Rescue Options
Ian Welsh / Firedoglake:
Fed to Congress: We'll Just Print 630 billion dollars K? Thx Bye.
Discussion: The Seminal
Victor Davis Hanson / The Corner:
A Defining Moment  —  The stage is set for someone to play Washington, Lincoln, or Churchill.  An entire generation of leadership is failing, as the world watches aghast.  —  Greedy Wall Street hot shots are worse than discredited.  —  Rep. Nancy Pelosi at the hour of national crisis proved …
Klaus Marre / The Hill:
Republicans fault Pelosi speech for bailout's failure  —  House Republicans on Monday blamed a partisan speech from Speaker Nancy Pelosi for the failure of a massive Wall Street bailout measure.  —  “I do believe that we could have gotten there today had it not been for this partisan speech …
David Kurtz / Talking Points Memo:
Discussion: The RBC, TheZoo and Spin Cycle
Marc Ambinder:
A Failure To Communicate (What We Have Here)  —  John McCain has a fundamental problem.
Jacques Steinberg / New York Times:
With Brokaw as Elder Statesman, NBC Plans Future of ‘Meet the Press’  —  WASHINGTON — Sometime between Election Day and early December, NBC News will make a final decision about who will replace Tim Russert and his interim successor, Tom Brokaw, at the helm of “Meet the Press,” Steve Capus …
Discussion: Think Progress
Bob Herbert / New York Times:
When Madmen Reign  —  Madness.  —  I'm not holding my breath, but I would like to see the self-proclaimed conservative, small government, anti-regulation, free-market zealots step up and take responsibility for wrecking the American economy and bringing about the worst financial crisis since the Depression.
Patrick / FishBowlDC:
Chris Matthews Interviews His Daughter...Without Disclosing It  —  On Friday's “Hardball,” Chris Matthews interviewed a number of student members of the group Concerned Youth of America.  —  One of those students — Caroline — is his daughter, a student at the University of Pennsylvania.
Megan McArdle:
The politics of the bill  —  There is no glory to go around here.  Assume, arguendo, that most people in the House believed both that the bill would be passed, and that anyone who voted for it would suffer politically, except maybe in New York.  —  Pelosi screwed up royally.  She is the Democratic Tom DeLay.
New York Sun:
Ideal of the Scoop  —  Following are excerpts of remarks by the Editor of the Sun, Seth Lipsky, to the newspaper's staff:  —  It is my duty to report today that Ira Stoll and I and our partners have concluded that the Sun will cease publication.  Our last number will be the issue dated September 30, the first day of Rosh Hashanah.
Discussion: Hot Air and Gawker
Rasmussen Reports:
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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 More Items: 
James Barron / New York Times:
Losing Money, New York Sun Is to Shut Down After 6 Years
Discussion: AMERICAblog News
Jenny Lee-Adrian / Poughkeepsie Journal:
Errant e-mail costs GOP chief post
Mona Charen / Real Clear Politics:
ACORN, Obama, and the Mortgage Mess
Hartford Courant:
Dodd Cites His Record
Discussion: The Swamp and Top of the Ticket
Natalie Gewargis / Political Punch:
McCain, Palin & Energy Flubs
Robert Baer / NY Daily News:
Bet on Israel bombing Iran
 Earlier Items: 
Arnold Kling / EconLog:
Revolt of the Elites  —  I am getting ready to take a couple days off from blogging.
Discussion: Eunomia
Ed Morrissey / Hot Air:
Party like it's 1999 redux: The New York Times predicted Fannie Mae failure
Kathryn Jean Lopez / The Corner:
Can You Blame Americans If They Wonder?
Discussion: Scared Monkeys
Megan McArdle:
Prisoner's dilemma  —  Dan Drezner has a great post:
Discussion: Hot Air
Andy McCarthy / The Corner:
I respectfully dissent  —  I do not understand why those who've voted …
Discussion: Power Line