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1:25 PM ET, September 30, 2008

memeorandum

 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 …
RELATED:
Nitya / Political Punch:
And What About Those 95 Democrats?  —  Yes, House Republicans didn't deliver many votes and 66% of them voted against the bill.  —  But considering that only a dozen votes needed to switch in order to provide a different outcome, and 95 Democrats in the House voted against it …
Mark R. Levin / The Corner:
Thank You, House Republicans  —  I have read the posts here and elsewhere.  Sometimes these things are made to look more complicated than they really are.  From an economic perspective, if the problem is liquidity and credit, there simply is no need for the federal government to assume massive amounts …
Discussion: protein wisdom
Wall Street Journal:
The Beltway Crash  —  Congress lives up to its 10% approval rating.  —  America has survived a feckless political class in the past, and it will again after this week.  But Monday's crash and burn of the Paulson plan on Capitol Hill reveals a Washington elite that has earned every bit of the disdain that Americans have for it.
Discussion: Washington Monthly
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:
Ben Smith / Ben Smith's Blogs:
RNC: ‘Worse’  —  The Republican Party's independent expenditure arm …
Discussion: Washington Monthly and Hot Air
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.
RELATED:
Blake Hounshell / FP Passport:
Why more briefings won't help Sarah Palin  —  Adam Nagourney has a good story in the New York Times about growing Republican fears that Sarah Palin, the GOP's vice presidential nominee, is going to crash and burn in Thursday's debate with Democrat Joe Biden.
Andrew Malcolm / Top of the Ticket:
After Sarah Palin VP debate, Joe Biden to step aside for Hillary Clinton?
Discussion: Washington Post
Mark Silva / The Swamp:
Obama-McCain debate: TV also-rans
Discussion: TIME.com
Dana Milbank / Washington Post:
A House Divided Along Twisted Lines  —  The bailout bill was going down to defeat on the House floor yesterday, and Democratic and Republican leaders were desperately trying to twist arms and change votes when a bipartisan group of backbenchers began to heckle them.
RELATED:
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.
RELATED:
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.
RELATED:
Amanda / Think Progress:
Media: Bush Is The ‘Picture Of A Beaten Dog’  —  In the wake of yesterday's congressional meltdown over the bailout bill, President Bush gave a speech this morning, meant to reassure the public and the volatile financial markets.  Just four minutes long, the address expressed disappointment …
RELATED:
Jeffrey M. Jones / Gallup:
Bush's Approval Rating Drops to New Low of 27%
Discussion: Slog
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.
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, Gawker and Althouse
Myglesias / Matthew Yglesias:
The Paulson Crisis  —  One issue that I don't think has been adequately explored yet is the extent to which our current predicament is attributable to Hank Paulson's mismanagement of the situation ten days ago.  After underreacting to problems at Lehman Brothers and bringing us close to brink …
Ben Smith / Ben Smith's Blogs:
Hugo of Arabia?  —  A Democrat sends over this clip from John McCain's economic forum just now, in which McCain, talking about energy policy, stresses the importance of “ensuring that America is secure, and not dependent on oil from people like Hugo Chavez or other parts of the Middle East which is …
 
 
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 More Items: 
Eric Lichtblau / New York Times:
Prosecutor Is Named in Dismissal of Attorneys
Eric Dash / New York Times:
With Wachovia Sale, the Banking Crisis Trickles Up
Discussion: JustOneMinute
Jane Hamsher / Firedoglake:
GOP In Disarray, Won't Follow McCain
Discussion: Boston Herald
Steve / Nielsen Wire:
McCain And Obama Highs And Lows From Debate Dial Tests
Tyler Cowen / Marginal Revolution:
The best and worst case scenarios
Los Angeles Times:
The green bubble bursts
Discussion: Opinion L.A.
Mark Murray / MSNBC:
FIRST THOUGHTS: WHO SHOULDN'T BE BLAMED
 Earlier Items: 
Taegan Goddard's Political Wire:
Diageo/Hotline: Obama Surges in Battleground States
Discussion: The Daily Dish and Donklephant
Brian M. Riedl / Heritage Foundation:
$700 billion bailout? You ain't seen nothin'
Discussion: Townhall.com
Jenny Lee-Adrian / Poughkeepsie Journal:
Errant e-mail costs GOP chief post
Mona Charen / Real Clear Politics:
ACORN, Obama, and the Mortgage Mess
Discussion: Sister Toldjah
Victor Davis Hanson / The Corner:
A Defining Moment  —  The stage is set for someone to play Washington …
Discussion: Gateway Pundit
Bob Herbert / New York Times:
When Madmen Reign
 

 
From Techmeme:

Wall Street Journal:
Nullbulge, a hacktivist group critical of AI art, leaks Slack messages allegedly from Disney due to “how it handles artist contracts” and “its approach to AI”

Jon Brodkin / Ars Technica:
Record labels, including UMG and Sony, sue Verizon for $2.6B+, alleging it violated copyright law by continuing to serve customers accused of pirating music

Chance Miller / 9to5Mac:
iOS 18, iPadOS 18, and macOS Sequoia add a “Recovered” album to the Photos app that shows previously lost or damaged photos and videos

 
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