The Morning Read: Monday, September 22, 2008

The Daily News editorial board supports a third mayoral term for for Michael Bloomberg, but calls on him to “declare his intentions.”

Warren Buffet sees a future for Bloomberg in Washington, D.C.

Bloomberg seems open to that idea.

Chuck Schumer’s spokesman declined to comment about the senator’s position on regulating the mortgage industry–meanwhile the New York Sun says his stance has changed recently.

[UPDATE: Schumer’s spokesman called to say he has commented on the senator’s position, but not for this story]

John McCain said Andrew Cuomo would make a good Security and Exchange Commission chairman.

Cuomo’s office declined to comment.

Rick Davis, McCain’s campaign manager, earned about $2 million keeping regulations away from Fannie Mae and Freddie Mac. 

Democrats push for more aid for distressed homeowners, and asked that there be a limit on pay for top executives at companies that seek a bailout.

McCain and Barack Obama said the $700 billion bailout each might inherit won’t hinder plans.

Bloomberg will greet George W. Bush today.

Bloomberg may seek a seven percent property tax increase.

David Paterson empowered Cuomo to investigate why the LIRR gives disability benefits to nearly all their retirees.

Fred Dicker says calling legislators back to Albany for budget cuts right before the elections would make a lot of lawmakers angry.

The Independence Party’s endorsement of McCain is really about trying to save the Republican majority in the State Senate, writes Liz Benjamin.

Ira Stoll said The New York Sun’s financial losses are, actually, on par for the industry.

Albert Baldeo doesn’t think much of the legal challenge he filed against the political rival he’s now endorsed.

Changing term-limits has an impact on the current campaign finance regulations.

Displaced teachers may cost the city $74 million this year.

Here’s a look at Bloomberg’s proposed new business district on the West Side.

Bill Kristol is still skeptical about the $700 billion federal buyout plan.

The New York Times editorial board wants a new “Seminerio bill” that would force legislators to disclose all outside income.

Dean Skelos writes about his plan to redirect money “from the Empire Zone program to better, more effective ways to create jobs.”

The New York Sun prints remarks Palin would have given if she attended today’s anti-Iranian rally.

Palin may have finally dropped the line about the Bridge to Nowhere out of her stump speech.

Bob Strainere hopes Palin has coattails on Staten Island.

The Obama campaign is closing all its North Dakota offices and sending workers to Minnesota and Wisconsin.

And the vote in Florida may be decided by felons.

The Morning Read: Monday, September 22, 2008