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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 …
Discussion:
Time, Power Line, Salon, Reason, The Other McCain, Kevin Drum, Townhall.com, American Spectator, MoJoBlog, Jules Crittenden, The Hill's Blog Briefing Room, The Daily Whim, BuzzMachine, Hullabaloo, Blue Crab Boulevard, Washington Monthly, Swampland, The Anonymous Liberal, Jon Swift, Corrente, Scripting News, Grasping Reality …, Marginal Revolution, EconLog, rubber hose, marbury, American Power and Eunomia
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Speaker Spoke — I consider Nancy Pelosi to be one of the worst political figures of my lifetime: hyper-partisan, small-minded, and wrong on issue after issue. And I thought her speech on the House Floor yesterday — tearing into the president and Republicans when her job was to rally support …

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 …

FIRST THOUGHTS: WHO SHOULDN'T BE BLAMED — From Chuck Todd, Mark Murray, Domenico Montanaro, and Carrie Dann — *** Who shouldn't be blamed: Just when you thought there couldn't be any more twists and turns in this election year, the House yesterday rejected the Bush Administration's $700 …

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 …


Boehner's gamble: Could it cost him his job?
Discussion:
The Swamp, The Sundries Shack, Prairie Weather, The Reaction, New York Times, The Strata-Sphere and The Next Right

Shadegg: GOP leaders made “stupid claim” by blaming Pelosi speech


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 …
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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


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.


Biden's strategy: Go easy on Palin
Discussion:
The Swamp, The Moderate Voice, Comments from Left Field, Jules Crittenden, The Caucus, Hot Air, JammieWearingFool, TIME.com and MSNBC

Why more briefings won't help Sarah Palin
Discussion:
The Hill's Blog Briefing Room, Salon, The BRAD BLOG, cab drollery, Raising Kaine and The Reaction

ALL QUESTIONS ARE ‘GOTCHA’ QUESTIONS.... Campaigning in Philadelphia …

Biden Focuses on Debate Prep, Mishears Question on Rejection of Bailout Bill

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.
Discussion:
The New Republic, Newshoggers.com, AMERICAblog News, CNN, Salon, Wonkette, Emptywheel, Balloon Juice, Reason and Comments from Left Field
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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.
Discussion:
Real Time Economics
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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 …
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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.

SOMETIMES, A DIG IS JUST A DIG.... There was a point a couple of months ago in which campaign reporters, at the McCain campaign's urging, began to see the word “confused” as an ageist attack. So, if someone were to point out that John McCain is confused about whether the U.S. can maintain …
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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.


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:
Gawker, Ben Smith's Blogs, Silicon Alley Insider, New York Times, Gothamist, Althouse, The Corner, TPMCafe, Hot Air and New York Post

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 …
Discussion:
Wonkette


McCain And Obama Highs And Lows From Debate Dial Tests — During the first presidential debate on September 26, Barack Obama's comments on oil independence, health care, the Iraq War, and Al Qaeda drew the most positive responses from a panel of uncommitted, registered voters who allowed CBS …