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2:15 PM ET, October 6, 2008

memeorandum

 Top Items: 
William Kristol / New York Times:
The Wright Stuff  —  I spoke on the phone Sunday with Sarah Palin, who was in Long Beach, Calif., preparing to take off on her next campaign trip.  It was the first time I'd talked with her since I met her in far more relaxed circumstances in Alaska over a year ago.
RELATED:
Howard Wolfson / The New Republic:
It's Over: Why Bill Ayers Won't Save John McCain  —  Perpetually fretting Democrats will not want to accept it.  The campaigns themselves can't afford to believe it.  Many journalists know it but can't say it.  And there will certainly be some twists and turns along the way.
Ed Morrissey / Hot Air:
Videos: The Ayers connection; Update: Obama doesn't read newspapers?  —  This morning, we have a series of videos dealing with the intersection of William Ayers, Bernardine Dohrn, and the Obamas.  Sarah Palin's accusation that Barack Obama “palled around with terrorists” …
Thomas M. Defrank / NY Daily News:
Race gets ugly as insults start to fly  —  WASHINGTON — It's getting McNasty again.  —  A day after Sarah Palin accused Barack Obama of “palling around with terrorists,” Obama struck back Sunday with a tough ad painting John McCain as “erratic.”  —  “Our financial system is in turmoil.
Mike Allen / The Politico:
Exclusive: Obama to hit McCain on Keating Five  —  Sen. Barack Obama (D-Ill.) on Monday will launch a multimedia campaign to draw attention to the involvement of Sen. John McCain (R-Ariz.) in the “Keating Five” savings-and-loan scandal of 1989-91, which blemished McCain's public image and set him on his course as a self-styled reformer.
Mark Silva / The Swamp:
Palin softens ‘terrorist’ attack on Obama
Mark Murray / MSNBC:   FIRST THOUGHTS: OBAMA AT 264  —  From Chuck Todd, Mark Murray …
Beth Fouhy / Associated Press:
Palin criticizes Obama's ties to Wright, Ayers
Discussion: Whiskey Fire
Mark Halperin / TIME.com:
McCain Response to Obama Event
Discussion: Washington Monthly
Laura Meckler / Wall Street Journal:
McCain Plans Federal Health Cuts  —  Medicare, Medicaid Spending Would Be Reduced to Offset Proposed Tax Credit  —  John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts …
RELATED:
Paul Krugman / New York Times:
Health Care Destruction  —  Sarah Palin ended her debate performance last Thursday with a slightly garbled quote from Ronald Reagan about how, if we aren't vigilant, we'll end up “telling our children and our children's children” about the days when America was free.  It was a revealing choice.
Discussion: Eschaton
Jonathan Cohn / The New Republic:
McCain: I'm Not Raising Taxes.  I'm Cutting Medicare!  —  Barack Obama says John McCain would raise people's taxes by changing the way the IRS looks at health insurance.  McCain says he wouldn't.  —  Who's right?  —  Quite possibly McCain.  But only because he's decided to slash Medicare and Medicaid instead.
Discussion: The Huffington Post and Kevin Drum
Josh Marshall / Talking Points Memo:
MCCAIN'S OTHER SHOE DROPS
Discussion: Newshoggers.com
RELATED:
Wall Street Journal:
Biden's Fantasy World  —  Sarah Palin may not know as much about the world, but at least most of what she knows is true.  —  In the popular media wisdom, Sarah Palin is the neophyte who knows nothing about foreign policy while Joe Biden is the savvy diplomatic pro.
RELATED:
Gallup:
Gallup Daily: Obama Leads 50% to 42%  —  Obama remains statistically ahead for tenth straight day  —  PRINCETON, NJ — Barack Obama leads John McCain among registered voters across the country by a 50% to 42% margin in Gallup Poll Daily tracking from Oct. 3-5, the tenth straight day in which Obama …
Discussion: The Swamp
Michael Crowley / The New Republic:
Lieberman: Palin Will Win “With God's Help”  —  Via CNN streaming video, I watched Sarah Palin's event in Clearwater, Florida, this morning.  She was heartily introduced there by John McCain's pal Joe Lieberman.  The former Democrat is a very strange figure these days, far from his moorings in the Democratic Party.
Alexandra Twin / CNNMoney.com:
Dow falls below 10,000  —  Blue-chip average falls below the milestone for the first time in nearly 4 years as fears about financial crisis grow.  —  NEW YORK (CNNMoney.com) — Stocks tumbled Monday, with the Dow Jones industrial average falling below 10,000 for the first time in nearly four years …
Discussion: The Moderate Voice
RELATED:
Joe Bel Bruno / Associated Press:
Wall Street tumbles amid global sell-off
Discussion: Right Wing News and Booman Tribune
CNN:
CNN RELIABLE SOURCES  —  Examining the Media and Coverage of Recent Stories  —  THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.  —  HOWARD KURTZ, HOST (voice-over): Palin and the pundits.  The media verdict: Sarah Palin did far better against Joe Biden than with Katie Couric.
Discussion: Crooks and Liars
Janet Albrechtsen / Wall Street Journal:
Not Everyone Should Own a Home  —  Even without Fan and Fred, American mortgage rules are unusually lax.  —  Maybe only a friendly foreigner could say this.  But America needs to realize that not everyone can own a home.  The American Dream of home ownership for all is a fraud.
Discussion: protein wisdom and Economix
Jerusalem Post:
Ex-officials misled by pro-Obama video  —  A video released by the Jewish Council for Education & Research which appeared to show several retired senior IDF and Mossad officials supporting Democratic presidential candidate Barack Obama has proven to be misleading, with a number of officials …
Discussion: Hot Air and Israel Matzav
Nic Robertson / CNN:
Sources: Taliban split with al Qaeda, seek peace  —  LONDON, England (CNN) — Taliban leaders are holding Saudi-brokered talks with the Afghan government to end the country's bloody conflict — and are severing their ties with al Qaeda, sources close to the historic discussions have told CNN.
 
 
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 More Items: 
Marc Ambinder:
The McCain Comeback Plan: Taxes, Crime, Associations And Real Reform
Todd Gitlin / TPMCafe:
Hannity's Witness: “Exterminate Jew Power”
Discussion: Campaign Silo
James B. Gerber / PolitickerCA:
DeLay leery of a President McCain
Paul Caron / TaxProf Blog:
Tax Profs Agree: Gov. Palin's Tax Returns Are Wrong
Los Angeles Times:
Steve Schmidt: The driving force behind John McCain
Julie Hirschfeld Davis / Associated Press:
Congress hears Lehman sought millions for execs
Mike Murphy / Swampland:
30 Days Out...  Lots of process talk on the political tom-toms right …
Discussion: Weekly Standard
 Earlier Items: 
Todd Beeton / MyDD:
John McCain's October Surprise
Discussion: Democratic Strategist and Macsmind
Sebastian Mallaby / Washington Post:
Blaming Deregulation  —  The financial turmoil has pushed …
Alan Johnson / Editorial RSS:
Rock the early vote
lcsun-news.com:
Journal poll: Obama ahead in NM
Discussion: Ben Smith's Blogs
3news.co.nz:
Annette Bening defends Sarah Palin
Noam Scheiber / The New Republic:
Barracuda  —  The resentments of Sarah Palin.