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1:50 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  —  Republican vice presidential nominee Sarah Palin may be moving on:  —  From William Ayers, the Chicago college professor and onetime Sixties radical who has worked alongside Barack Obama in modern-day civic affairs, to the Rev. Jeremiah Wright …
John Aravosis / AMERICAblog News:
McCain campaign: Keating Five investigation was ‘a political smear job’ on John McCain  —  Holy crap.  —  I'm listening to the McCain campaign conference call about John McCain's involvement in the Keating Five scandal.  McCain's lawyer just said that the Keating Five investigation was “political” as it concerned John McCain.
Mark Murray / MSNBC:
FIRST THOUGHTS: OBAMA AT 264  —  From Chuck Todd, Mark Murray, Domenico Montanaro, and Carrie Dann  —  *** Obama at 264: A week after Obama's poll numbers spiked in battleground states and after McCain's campaign announced it was retreating from Michigan, Obama has opened …
Ben Smith / Ben Smith's Blogs:
Engaging on Keating  —  I'd always thought McCain's great strength …
Discussion: AMERICAblog News
Alan Johnson / Editorial RSS:
Rock the early vote
Mark Halperin / TIME.com:
McCain Response to Obama Event
Discussion: Washington Monthly
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
RELATED:
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 …
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.
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.
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.
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.
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
Joe Bel Bruno / Associated Press:
Wall Street tumbles amid global sell-off  —  Stocks decline amid global worries credit crisis is spreading; Dow falls below 10,000  —  NEW YORK (AP) — Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies …
Discussion: Booman Tribune and Right Wing News
RELATED:
Michael M. Grynbaum / New York Times:
Stocks Fall Sharply on Credit Concerns
Discussion: MyDD and Spin Cycle
James B. Gerber / PolitickerCA:
DeLay leery of a President McCain  —  CABAZON - Former U.S. Rep. Tom DeLay thinks conservative Republicans will have their work cut out for them if John McCain is elected president in November.  —  “If McCain wins the election, we've got just as much work to do as if Obama won,” DeLay …
Julie Hirschfeld Davis / Associated Press:
Congress hears Lehman sought millions for execs  —  WASHINGTON - Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday.  —  As well, executives who feared …
3news.co.nz:
Annette Bening defends Sarah Palin  —  Actress Annette Bening has become the latest celebrity to join the debate over US vice presidential candidate Sarah Palin - insisting the politician “deserves our respect”.  —  The Republican has come under fire from a host of stars …
Discussion: Don Surber
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
Alan Maimon / Las Vegas Review-Journal:
Arizonans recall run-ins with McCain  —  Opinions about temper depend on who's talking  —  PHOENIX — Frustrated that a massive telescope project he backed had hit a snag in 1989, Sen. John McCain lashed out at a U.S. Forest Service supervisor, threatening his job if he failed to help get approval for the project.
Discussion: Taylor Marsh, Majikthise and Emptywheel
 
 
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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
Paul Caron / TaxProf Blog:
Tax Profs Agree: Gov. Palin's Tax Returns Are Wrong
Fareed Zakaria / Newsweek:
The Age of Bloomberg  —  It's a time to figure out what works …
Discussion: The Daily Dish
Heidi N. Moore / Deal Journal:
Meet Neel Kashkari: The Man With the $700 Billion Wallet
Discussion: Open Left and Prairie Weather
Los Angeles Times:
Steve Schmidt: The driving force behind John McCain
Mike Murphy / Swampland:
30 Days Out...  Lots of process talk on the political tom-toms right …
Discussion: Weekly Standard
 Earlier Items: 
Sebastian Mallaby / Washington Post:
Blaming Deregulation  —  The financial turmoil has pushed …
Myglesias / Matthew Yglesias:
The Case for Congestion Pricing
Discussion: Washington Post and Eschaton
lcsun-news.com:
Journal poll: Obama ahead in NM
Discussion: Ben Smith's Blogs
Noam Scheiber / The New Republic:
Barracuda  —  The resentments of Sarah Palin.