The Morning Read: September 30, 2008

Citing the financial crisis. Ron Lauder confirms that he will support a one-time extension of term limits so Michael Bloomberg

Citing the financial crisis. Ron Lauder confirms that he will support a one-time extension of term limits so Michael Bloomberg can run again.

Here’s what another Bloomberg mayoral campaign means for four other candidates who have been planning to run.

Borrowing a Daily News headline, The New York Post editorial board comes out in support of another term for Bloomberg.

The failure to pass the bailout plan, among other things, shows that President Bush is “politically impotent,” writes The New York Times.

There are "few options" left to Henry Paulson and Ben Bernanke, reports the Washington Post.

Joseph Stiglitz predicts a recession and an Obama presidency.

Barack Obama suggested this morning that the legislation might gain more support if the limit on FDIC insurance is raised to $250,000, from $100,000.

According to a Gallup poll, Obama’s performance during the financial crisis is the only one voters approve of.

The Wall Street Journal editorial board says the bill "deserves to pass."

House Minority Whip Roy Blunt said Nancy Pelosi is not to blame for the bill’s failure to pass the House.

The Congress members who voted against the bailout “exacerbated the global psychological free fall,” writes David Brooks.

Congress members in the capital region are split on the bailout.

David Frum said, “Dan Quayle never in his life has performed as badly as Sarah Palin in the last month.”

There may actually be more footage from Palin’s CBS interview, in which she fails to name a Supreme Court case other than Roe v. Wade.

The Daily News political editors argue that McCain won’t drop Palin.

McCain and Palin did a joint interview with Katie Couric, in which they accused the non-journalist who approached Palin in a Philadelphia restaurant of "gotcha journalism."

Bloomberg criticized David Paterson for not enforcing the cigarette tax laws.

Paterson, who has mostly stayed away from endorsing, announced he’s backing Jim Gennaro and Rick Dollinger, Democrats running for State Senate.

Republicans upstate continue to make an issue of Democrats who have received donations from Charlie Rangel.

The Bloomberg administration is starting a push to get the City Council to approve the Willets Point redevelopment project.

Andrew Cuomo gets a magazine dealer to repay $350,000.

Serf Maltese and Joe Addabbo debated last week.

Good government groups speak out about Sheldon Silver’s habit of flying to Albany.

“It doesn’t make any sense,” said Common Cause New York’s executive director of Silver’s travels.

Carolyn Maloney says the 9/11 health care bill in Congress would have passed if City Hall supported it.

The New York Sun editors say good-bye.

Meet the Press in the future may be hosted by an ensemble team led by Chuck Todd.

And yesterday, in a remarkable juxtaposition, the House passed a commemoration of the New Deal. The Morning Read: September 30, 2008