"Bailout Outrage Races Across the Web" (Business Week):
Arun Gupta was enraged as he learned the details of Treasury Secretary Henry Paulson's plan to fix the U.S. banking system with $700 billion in taxpayer funds. The 43-year-old copy editor and freelance journalist, who publishes his own alternative newspaper, The Indypendent, needed to channel his angst but couldn't find a live protest to attend. So on Sept. 22, he sent an e-mail to some politically active friends in New York. Within days, they'd planned a protest against the bailout in New York and at 80 other locations in the U.S. on Sept. 25."David Letterman Reacts to John McCain Suspending Campaign" video, (09:11):
It's already #1 on "Today's Top 20 Viral Videos: with over 400,000 views.
"McCain's Financial Crisis Timeline" (Sam Stein, HuffPo):
When John McCain held an unexpected news conference mid-Wednesday afternoon he addressed the current economic crisis with direness previously unseen. His campaign would be suspended, he told reporters, in order to work on the bailout legislation in Congress. The debate scheduled with Barack Obama on Friday night, he added, could be postponed."Paulson, Senate Dems reach tentative bailout deal" (The Hill):
Observers, critics, even fellow Republicans, were left wondering: where did this sense of urgency come from? After all, it was this past Sunday that McCain hinted on 60 Minutes that he would support the bailout -- "we have to stop the bleeding" -- only to express deep criticisms on Monday and then admit he hadn't even read the three-page proposal on Tuesday.
Senate Democrats emerged from a meeting Wednesday with Treasury Secretary Henry Paulson to report a general, conceptual — but fragile — agreement on a $700 billion plan to rescue the U.S. financial markets.Barack Obama
“I’m not sure that’s possible,” said Sen. Robert Casey (D-Pa.) “For the life of me, I can’t see the difference from an economic or even a confidence circumstance, the difference between Friday and a day or two days later or Monday.”