The Huffington Post:
Why McCain's Time With Council Of World Freedom Matters  —  Read More: John McCain, John Singlaub, Mccain, Mccain Begala, Mccain Communism, Mccain Communist League, Mccain John Singlaub, Mccain u.s.  Council Of World Freedom, Meet The Press, Paul Begala, Politics News

Board of Governors of the Federal Reserve System:
For release at 9:00 a.m. EDT  —  The Federal Reserve Board on Tuesday announced the creation of the Commercial Paper Funding Facility (CPFF), a facility that will complement the Federal Reserve's existing credit facilities to help provide liquidity to term funding markets.

John Dickerson / Slate:
HOW TOWN-HALL DEBATES CAN GO VERY WRONG FOR A CANDIDATE.  —  In advance of Tuesday's town-hall debate, both candidates have apparently decided to have a cleanse.  Before facing questions from an audience of undecided voters who say they don't like negative campaigning, Obama and McCain are engaging in an orgy of it.

Stanley Kurtz / National Review:
Planting Seeds of Disaster  —  'You've got only a couple thousand bucks in the bank.  Your job pays you dog-food wages.  Your credit history has been bent, stapled, and mutilated.  You declared bankruptcy in 1989.  Don't despair: You can still buy a house.

Wall Street Journal:
About That Middle-Class Tax Cut . . .  Remember the last time a charismatic Democrat made such a promise?  —  “It's like déjà vu all over again.”  —  As John McCain heads into the second round of presidential debates tonight, Yogi Berra's words come to mind.

Larry Rohter / The Caucus:
Drilling Down on the Facts in McCain's Speech  —  Speaking in Albuquerque on Monday, Senator John McCain attacked Senator Barack Obama on several fronts that by now have become familiar.  But many of his charges relating to the economic meltdown, taxation and health care contained inaccuracies …

Rob Crilly / Times of London:
Jerome Corsi, anti-Obama author, detained in Kenya  —  A leading American neo-conservative author has been detained by immigration authorities in Kenya as he tried to launch a book smearing Barack Obama.  —  Jerome Corsi, of Swift Boat Veterans for Truth fame, was this morning being held after failing to reckon with Obamamania.

CNN:
CNN Polls: New Obama gains in battleground states  —  WASHINGTON (CNN) - Polls in five key battleground states in the race for the White House released Tuesday suggest that Sen. Barack Obama is making major gains.  —  The CNN/Time Magazine/Opinion Research Corporation polls of likely voters in Indiana …

Geoff Earle / New York Post:
OBAMA: NO KNOWLEDGE OF AYERS' TERRORIST PAST  —  WASHINGTON - Barack Obama's top political adviser said today Obama “didn't know the history” of unrepentant bomber William Ayers' activities in the violent Weather Underground movement when the candidate attended a political event at Ayers' home in 1995.

City Journal:
The Bomber as School Reformer  —  Back in the early eighties, in an interview with David Horowitz and Peter Collier, Bill Ayers remembered his reaction upon learning that he would not be prosecuted by the government for his bombing spree as a member of the Weather Underground.

Dana Milbank / Washington Post:
Unleashed, Palin Makes a Pit Bull Look Tame  —  FORT MYERS, Fla., Oct. 6 John McCain is collapsing in the polls in Florida and other swing states, but Sarah Palin, God bless her, has a solution.  —  “For me, the heels are on, the gloves are off,” she announced at high noon Monday to a group …

Dirty Harry / Dirty Harry's Place:
CNN Ayers Investigation: Obama Lied In Debate  —  Youtube quote: CNN investigative reporter: “But the relationship between Obama and Ayers went much deeper, ran much longer, and was much more political than Obama said.”  —  It is the lie that furthers the story.  Talk about THE LIE.

Ed Morrissey / Hot Air:
Frank: Criticism of Congress is now racist, too  —  Barney Frank's latest defense of Congress over the financial meltdown could be predicted based on the success of Barack Obama's campaign in using the same defense.  According to Rep. Frank, any attempt to pin the blame for the collapse …

Will Bunch / Philly.com:
Pa. GOP hits rock bottom: Calls Obama “a terrorist's best friend”  —  I've been writing about political campaigns for more than a quarter-century now, and it really takes a lot to surprise me, but I am absolutely stunned at the depths that the Republican Party is willing to sink to try in win this election …

Jennifer Rubin / Commentary:
Hypocrisy Doesn't Begin To Describe It  —  Ross Douthat writes: … But this is true of Obama's entire circle of comrades and associates, of course.  He didn't know who they were, or wasn't all that close to them, or never happened to be there when their life-long habit of excoriating evil America was demonstrated.

Chris Isidore / CNNMoney.com:
Poll: 60% say depression ‘likely’  —  Poll finds 6 of 10 believe a depression is somewhat or very likely - seeing 25% unemployed and millions homeless and hungry.  —  NEW YORK (CNNMoney.com) — Nearly six out of ten Americans believe another economic depression is likely, according to a poll released Monday.

Michelle Malkin:
The missing SNL bailout skit — and the Soros connection  —  Over the weekend, I watched a hilarious, dead-on, and surprisingly honest skit on Saturday Night Live about the craptastic bailout and its Democrat roots.  The skit called out Fannie/Freddie and featured Nancy Pelosi dragging out various sob-story …

Breaking News:
Press kept under a watchful eye  —  CLEARWATER — Constantly under the watchful eyes of security, the media wasn't permitted to wander around inside Coachman Park to talk to Sarah Palin supporters.  When reporters tried to leave the designated press area and head toward the bleachers …

Josh Marshall / Talking Points Memo:
BACK TO THE DSM-IV  —  Did John McCain really just say that Barack Obama gets “touchy” and “angry” whenever he gets questioned on his credentials or policies?  I know that projection is a common psychological phenomenon, especially for those who find themselves in desperate situations.

CBS News:
CBS Poll: Presidential Race Tightens  —  Survey Shows Obama Leading McCain 47 Percent To 43 Percent Among Registered Voters Nationwide Following V.P. Debate  —  (CBS) In a sign that the race for president has returned to about where it was before the first presidential debate …

Laura Strickler / CBS News:
More Bogus Obama Donors Surface  —  Donations Made Between July and Early August  —  (CBS) CBS News Investigative Producer Laura Strickler wrote this story for CBSNews.com with additional reporting from Sarah Fitzpatrick and Ariel Bashi.  —  CBS News has learned that two donors …

Lynn Sweet:
McCain, Obama deal puts limits on “town hall” debate  —  WASHINGTON — Barack Obama and John McCain meet for a second debate Tuesday night with a “town hall” format, but a deal made between the camps limits the interaction the candidates will have with the undecided voters in the pool of questioners.

Rebecca Christie / Bloomberg:
U.S. Treasury's Kashkari to Lead Bank Bailout Office  —  Oct. 6 (Bloomberg) — The U.S. Treasury will name Neel Kashkari, assistant secretary at the department, to run the $700 billion Wall Street rescue program on an interim basis, according to a Treasury official.

Garance Franke-Ruta / Washington Post:
In Fla., Palin Goes for the Rough Stuff as Audience Boos Obama  —  Alaska Gov. Sarah Palin gestures during a campaign speech on Oct. 6, 2008 in Clearwater, Fla. (Chris O'Meara/Associated Press)  —  CLEARWATER, Fla. — “Okay, so Florida, you know that you're going to have to hang onto your hats …

Pew Research Center:
Post-Debate: Palin Still Seen as Unqualified, a Bump for Biden  —  Continued Doubts About Financial Bailout  —  While last week's vice-presidential debate had a larger audience than any other in history, voters' impressions of Sarah Palin have changed little.