Headlines

Obama Transition Team
The economic crisis of 2008
Commercial Paper - Kevin Drum, MotherJones.com
How to Pass a Wall Street Bailout - Wrap it in Loads of Pork - OpenCongress.org
Too Much Money Is Beyond Legal Reach - Robert Morgenthau, NY DA in WSJ
Obama: ‘Put The Fire Out’ on Economic Crisis - ABC News interview
Dow suffers historic drop after House rejects bailout bill - The Seattle Post Intellingencer
Cash for Trash - Paul Krugman New York Times
What Wall Street Should Do To Get Its Blank Check - Robert Reich at TPM Cafe
The complete (though ever-changing) elite consensus over the financial collapse - Glenn Greenwald at Salon
From Emptywheel at Firedoglake

Hank Paulson is asking for $700,000,000,000. That’s $2,333 from every man, woman, and child in the United States. In exchange for that money, Paulson is unwilling to accept any demands to make markets more transparent, limit executive compensation, or assist homeowners fighting foreclosure. The sole purpose of that $700,000,000,000 is to bail out Wall Street and only Wall Street, but not to fix it, or our larger economy. He is asking to be absolutely unbound by any law when he spends that money.

GOP delegate’s hotel tryst goes bad when he wakes up with $120,000 missing - TwinCities.com
McCain Makes Sharp Right Turn on Stem Cells - Wired Science
Spike in jobless rate for women is worst in more than 33 years - McClatchy.com
Jukebox John keeps changing his tune - The Carpetbagger Report
Warned by the Court - Newsweek
Pit bulls turn woman’s morning routine into horror - The Seattle Post Intellingencer
Standing up to Polar Bears - Anchorage Daily News
Some wonder if McCain’s too old and wrinkly to be president - McClatchy.com
Bus Carrying Lieberman Involved In Collision - local10.com Miami
Gunmen rob all-nude Nanuet club - The Journal News