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10:00 AM ET, January 26, 2009

memeorandum

 Top Items: 
William Kristol / New York Times:
Will Obama Save Liberalism?  —  All good things must come to an end.  Jan. 20, 2009, marked the end of a conservative era.  —  Since Ronald Reagan's election in 1980, conservatives of various sorts, and conservatisms of various stripes, have generally been in the ascendancy.  And a good thing, too!
RELATED:
ABCNEWS:
Blago Says He Thought of Oprah for Senate  —  Blago Goes on ‘GMA’ and Skips His Impeachement Trial  —  Illinois' beleaguered Gov. Rod Blagojevich said today that when he was deciding who would take President Obama's Senate seat he considered appointing talk show queen Oprah Winfrey.
Paul Krugman / New York Times:
Bad Faith Economics  —  As the debate over President Obama's economic stimulus plan gets under way, one thing is certain: many of the plan's opponents aren't arguing in good faith.  Conservatives really, really don't want to see a second New Deal, and they certainly don't want to see government activism vindicated.
David E. Sanger / New York Times:
Nationalization Gets a New, Serious Look  —  WASHINGTON — Only five days into the Obama presidency, members of the new administration and Democratic leaders in Congress are already dancing around one of the most politically delicate questions about the financial bailout …
RELATED:
David Enrich / Wall Street Journal:
Lending Drops at Big U.S. Banks  —  Top Beneficiaries of Federal Cash Saw Outstanding Loans Decline 1.4% Last Quarter  —  Lending at many of the nation's largest banks fell in recent months, even after they received $148 billion in taxpayer capital that was intended to help the economy by making loans more readily available.
Wall Street Journal:
The Stimulus Time Machine  —  That $355 billion in spending isn't about the economy.  —  The stimulus bill currently steaming through Congress looks like a legislative freight train, but given last week's analysis by the Congressional Budget Office, it is more accurate to think of it as a time machine.
New York Times:
Obama's Order Is Likely to Tighten Auto Standards  —  WASHINGTON — President Obama will direct federal regulators on Monday to move swiftly on an application by California and 13 other states to set strict automobile emission and fuel efficiency standards, two administration officials said Sunday.
Louise Story / New York Times:
For $10, Fuld Sold Florida Mansion to His Wife  —  Housing prices are falling around the country, but this one sounds hard to believe: A seaside mansion on Jupiter Island in Florida, bought for more than $13 million five years ago, was just sold for $10.  —  That's right, 10 bucks.
Discussion: Reuters
Lyndsey Layton / Washington Post:
Senate Seat Is Latest Stop On Bennet's Unlikely Ride  —  Learning on the Job Has Become Coloradan's Hallmark  —  Michael Bennet has been sleeping in his mother's Woodley Park house and taking the Metro to a borrowed conference room in the Hart Senate Office Building to meet with staff members, who are also on loan.
Discussion: The Caucus
Jane Mayer In / New Yorker:
BEHIND THE EXECUTIVE ORDERS  —  On Thursday, President Barack Obama consigned to history the worst excesses of the Bush Administration's “war on terror.”  One of the four executive orders Obama signed effectively cancelled seven years of controversial Justice Department legal opinions authorizing methods …
Bob Cusack / The Hill:
Top Dem: No comprehensive health reform this year  —  A prominent House Democrat said he doesn't expect a comprehensive healthcare reform bill to pass Congress in 2009, saying an incremental approach to covering the uninsured would be better “than to go out and just bite something you can't chew.”
New York Post:
JUST PLANE DESPICABLE  —  ‘RESCUED’ CITI BUYING $50M JET  —  Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed.  —  Even though the bank's stock is as cheap as a gallon of gas …
Michael D. Shear / Washington Post:
Financial Institutions May Need Additional Funds, Biden Says  —  Banks and other financial institutions may need more than the $700 billion in public money that has already been approved to repair the nation's feeble credit system, Vice President Biden and congressional Democrats said yesterday.
RELATED:
CNN:
Paterson: ‘No signal from me’ for Kennedy to quit  —  NEW YORK (CNN) — New York Gov. David Paterson said Sunday that Caroline Kennedy received “no signal from me that she had to withdraw” from her campaign to fill Hillary Clinton's vacant U.S. Senate.  —  Appearing at a news conference …
RELATED:
CBS News:
Time Running Out For A Two-State Solution?  —  60 Minutes: Growing Number Of Israelis, Palestinians Say Two-State Solution Is No Longer Possible  —  (CBS) Getting a peace deal in the Middle East is such a priority to President Obama that his first foreign calls on his first day in office were to Arab and Israeli leaders.
Discussion: Israel Matzav and Corrente
RELATED:
Fox News:
Pelosi Shrugs off Alcatraz as Possible Terror Detention Facility  —  Republicans opposing an Obama administration order to close Guantanamo Bay prison facility within a year suggest sending terror detainees to House Speaker Pelosi's district.  —  FOXNews.com
RELATED:
Anne Flaherty / Associated Press:
Issue of terrorists' rights to test Obama's pledge
Discussion: Firedoglake and Salon
 
 
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 More Items: 
Jim Snyder / The Hill:
Rail group seeks track to stimulus funds
Discussion: Matthew Yglesias
New York Times:
Pfizer Agrees to Pay $68 Billion for Rival Wyeth
Discussion: DealBook and WSJ.com
Financial Times:
SPD chief attacks financial ‘gangsters’
Alissa J. Rubin / New York Times:
Iraq's Leader Pushes for Election Gains, but Some Fear Iron Hand
Discussion: Commentary and Informed Comment
Andy McCarthy / The Corner:
Holder Continues to Claim that He Knew Nothing About Rich
Washington Post:
Fed May Gain More Financial Oversight
Discussion: Economy Watch and Kevin Drum
 Earlier Items: 
Chelsea Kate Isaacs / The Miami Hurricane:
‘Campaign architect’ Karl Rove speaks to students about Gitmo, presidential legacy
Rachel Johnson / Times of London:
‘Soviet’ Britain swells amid the recession
Discussion: Samizdata.net and Pajamas Media
Jeralyn / TalkLeft:
Drug Lawyer Turns Informant, Stings Clients
Discussion: Unqualified Offerings
Rex Nutting / MarketWatch:
Economy in free fall in fourth quarter
Michelle Levi / CBS News:
Biden: I Am Not “Deputy President”
Discussion: MyDD and RedState
 

 
From Mediagazer:

Nicholas Carlson / Business Insider:
Bloomberg hires Business Insider Executive Editor Joe Weisenthal to edit new site focusing on markets and economics, host TV show

D.B. Hebbard / Talking New Media:
Postmedia's Montreal Gazette launches Apple Newsstand afternoon tablet magazine

Ingrid Lunden / TechCrunch:
Yahoo Beats In Q3 With Revenue Of $1.09B, EPS Of $0.52X

 
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