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Election Coverage, Radiation Detectors Questioned, 41 People Charged in Drug Bust

POSTED: 10:08 AM ET, 10/30/2008 by Chris Matthews

Good morning and welcome to today's Daily Read. Lots of election news today as the campaigns race to the finish line. Meanwhile, the Treasury and FDIC appear close to a mortgage bailout for distressed homeowners. Anything out there we missed? Please let us know.

Election Coverage » The number of lawsuits challenging election procedures could hit an all-time high this year as both parties angle for an edge... meanwhile, voting-rights watchdogs are sounding the alarm that a repeat of the Florida fiasco in 2000 could occur in any of a dozen battleground states... Ohio voters are expressing fear of voter fraud and blocked votes... and Sen. John McCain called on the Los Angeles Times to release a video of a 2003 banquet at which Sen. Barack Obama talked about Palestinian American scholar Rashid Khalidi, who the McCain campaign has labeled a "neo-Nazi". — The Washington Post, The Wall Street Journal, Los Angeles Times

Some at FDA Oppose Rules Against Suing Drugmakers » Investigators say that top scientists and career employees at the FDA opposed agency regulations that weaken consumers' ability to sue drugmakers.— The Washington Post

Radiation Detectors Questioned » Officials at the Department of Homeland Security have overstated the performance of costly new radiation detectors designed to prevent the importation of radiological materials that could be used in bombs. — The Washington Post

Drug Bust Charges 41 people » Federal authorities indicted 41 people in a massive drug smuggling operation allegedly connected to violent Mexican cartels, including a former Texas deputy sheriff. — Los Angeles Times

Federal Bailout » U.S. banks receiving $163 billion in federal aid for new lending are on pace to pay more than half of that sum to their shareholders, with government permission... meanwhile, the Treasury and FDIC are nearing agreement on a plan to guarantee the mortgages of millions of distressed homeowners... the takeover of Fannie Mae and Freddie Mac so far has failed to lower mortgage rates for consumers... and the Fed yesterday slashed a key interest rate and announced it would pump up to $120 billion into world markets. — The Washington Post, The Wall Street Journal

FBI investigating 'anthrax' mailings » The FBI is investigating envelopes labeled "anthrax" received Wednesday by several newspapers, television stations and at least one congressman's office. Tests for Anthrax have turned up negative so far. — The Associated Press

Corruption Case Begins for Former OC sheriff » Prosecutors say that the former Orange County sheriff misused his office in a furious dash for cash and gifts worth an estimated $700,000. — Los Angeles Times

By Chris Matthews |  October 30, 2008; 10:08 AM ET The Daily Read
Previous: Third Oil Royalty Office Official Indicted | Next: 'Lavish' Spending Not Found Elsewhere At Smithsonian

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