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10:10 AM ET, January 5, 2009

memeorandum

 Top Items: 
Paul Krugman / New York Times:
Fighting Off Depression  —  “If we don't act swiftly and boldly,” declared President-elect Barack Obama in his latest weekly address, “we could see a much deeper economic downturn that could lead to double-digit unemployment.”  If you ask me, he was understating the case.
RELATED:
Wall Street Journal:
Obama Eyes $300 Billion Tax Cut  —  WASHINGTON — President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion in tax cuts to individuals and businesses, a move aimed at attracting Republican support for an economic-stimulus package and prodding companies to create jobs.
Paul Krugman:
Is Obama relying too much on tax cuts?  —  I don't know yet.  But news reports this morning certainly raise questions.  —  Let's lay out the basics here.  Other things equal, public investment is a much better way to provide economic stimulus than tax cuts, for two reasons.
Discussion: Corrente
New York Times:
Obama Plan Includes $300 Billion in Tax Cuts
Edward L. Glaeser / Boston Globe:   Who should get the federal stimulus funds
John R. Bolton / Washington Post:
The Three-State Option  —  War in the Gaza Strip demonstrates yet again that the current governance paradigm for the Palestinian people has failed.  Terrorists financed and supplied by Iran control Gaza; the Palestinian Authority is broken, probably irretrievably; and economic development is stalled in Gaza and the West Bank.
RELATED:
William Kristol / New York Times:
Why Israel Fights  —  The Israeli assault on Hamas in Gaza is going to be a replay, we're told, of the attempt to subdue Hezbollah in southern Lebanon in the summer of 2006.  And the outcome, it's asserted, will be the same: lots of death and destruction, no strategic victory for Israel …
Michael Lerner / Times of London:
It breaks my heart to see Israel's stupidity  —  It has a right to respond to attacks, but will not achieve its ultimate aim - peace - until it stops thinking in military terms  —  Israel's attempt to wipe out Hamas is understandable, but stupid.  No country in the world is going to ignore …
Associated Press:
Chronology of key events in Richardson withdrawal  —  Notable events leading to New Mexico Gov. Bill Richardson's withdrawal of his bid to become commerce secretary:  —  _ Early 2003: Richardson wins legislative approval of a $1.6 billion highway and transportation construction program …
RELATED:
Washington Post:
Commerce Pick Richardson Withdraws, Citing N.M. Probe
Discussion: The Daily Voice and MSNBC
Jonathan Martin / The Politico:
Team pressed Richardson, got nothing
Andrew Malcolm / Top of the Ticket:
Billygate: Why Obama dumped Gov. Richardson now
Right Wing News:
The 7th Annual “20 Most Annoying Liberals Of 2008”  —  Honorable Mentions: Bill Ayers, Jimmy Carter, Bill Clinton, Juan Cole, Kent Conrad, The Daily Kos, Bill Delahunt, Glenn Greenwald, Alcee Hastings, Christopher Hitchens, The Huffington Post, Jesse Jackson, Jesse Jackson Jr. Caroline Kennedy …
Discussion: Jules Crittenden
Chris Welch / CNN:
Panel to declare Franken winner of Senate race  —  MINNEAPOLIS, Minnesota (CNN) — A state election board on Monday will announce Democrat Al Franken has defeated Republican incumbent Norm Coleman in Minnesota's U.S. Senate race, state officials told CNN Sunday.
RELATED:
Richard Pérez-Peña / New York Times:
The Times to Sell Display Ads on the Front Page  —  In its latest concession to the worst revenue slide since the Depression, The New York Times has begun selling display advertising on its front page, a step that has become increasingly common across the newspaper industry.
New York Times:
Restore the Senate's Treaty Power  —  THE Constitution's Treaty Clause has long been seen, rightly, as a bulwark against presidential inclinations to lock the United States into unwise foreign commitments.  The clause will likely be tested by Barack Obama's administration …
Simon Tisdall / Guardian:
Barack Obama's silence on Gaza is damaging his reputation  —  Barack Obama's chances of making a fresh start in US relations with the Muslim world, and the Middle East in particular, appear to diminish with each new wave of Israeli attacks on Palestinian targets in Gaza.
RELATED:
Pajamas Media:
Some Differences Between Hamas and the Nazi Party  —  I find the current situation deeply sorrowful, harrowing.  There is one aspect of it that I think needs clarification, a clarification that will help thinking about the situation as a whole, and that is the analogies between Hitler, the Nazis and Hamas.
Discussion: Power Line
Debora Spar / Washington Post:
One Gender's Crash  —  Let me begin with the caveats: I like men.  My husband is one, as are my two sons.  I have spent most of my career surrounded by men, and I have no major complaints.  But as the financial debacle unfolds, I can't help noticing that all the perpetrators …
Willem Buiter's Maverecon:
Can the US economy afford a Keynesian stimulus?  —  Economic policy is based on a collection of half-truths.  The nature of these half-truths changes occasionally.  Economics as a scholarly discipline consists in the periodic rediscovery and refinement of old half-truths.
Carl Hulse / New York Times:
Speaker Makes Room for New No. 1 Democrat  —  WASHINGTON — When the 111th Congress convenes Tuesday, Representative Nancy Pelosi will return to her post as House speaker but in an entirely new role.  —  For the last two years, Ms. Pelosi, 68, of California, has been the driving force behind …
Discussion: The Politico, The Corner and TIME.com
Debbi Wilgoren / Washington Post:
Obama Girls Start School at Sidwell  —  It remains awfully difficult to catch a glimpse of First Kids-to-be Malia and Sasha Obama, but at least we can say for certain where they are this morning: getting to know their new classmates at the Sidwell Friends campuses in upper Northwest Washington and Bethesda.
Discussion: TIME.com
Stable Hand / The Jawa Report:
SF: Interesting Pro-Hamas Protest Banner  —  Pro Hamas rally on Jan. 2nd “Queers for Palestine”.  —  Hmmm, I wonder if these people realize what Hamas would do to them?
Discussion: Dodgeblogium
Josh Marshall / Talking Points Memo:
NOW THE TRUTH CAN BE TOLD  —  Al Franken, in tights, impersonating Mick Jagger.  I'm just going to leave it at that.
 
 
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 More Items: 
Ynetnews:
28 rockets fired at southern Israel
Robert J. Samuelson / Washington Post:
The Limits Of Pump Priming
Discussion: Concurring Opinions
James Fallows:
Tom Geoghegan for Congress
Discussion: Crooked Timber
Alexander Burns / The Politico:
Frist out of 2010 race  —  Former Senate Majority Leader Bill Frist …
Discussion: Scorecard's Blogs
Max Boot / Wall Street Journal:
Israel's Tragic Gaza Dilemma
Rudy Giuliani / CNN:
Giuliani: What New York needs in a senator
Discussion: The Daily Politics
DeNeen L. Brown / Washington Post:
The Long Wait for a Quick Glimpse of History
Discussion: TIME.com and NewsBusters.org
Mere Rhetoric:
MEDIA FAUXTOGRAPHY NOW IN FULL SWING
Discussion: THE ASTUTE BLOGGERS
 Earlier Items: 
Mike Snyder / Houston Chronicle:
New sheriff says he wants more deputies
Discussion: Off the Kuff
Robert Bluey / Bluey's blog:
The Case Against Michael Steele
John Kass / Chicago Tribune:
A show that Springer couldn't even conceive
Discussion: The Moderate Voice
Stable Hand / The Jawa Report:
Influential Hamas Leader Sheikh Hassan Yousef's Son Renounces Islam
Discussion: Weasel Zippers
Robert Pear / New York Times:
Justices' Ruling in Discrimination Case May Draw Quick Action by Obama
Discussion: Law Blog and TPMCafe