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11:25 AM ET, January 30, 2009

memeorandum

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New York Times:
Democrats Set Sights on Republican Senators Who Oppose Stimulus Plan  —  WASHINGTON — Senator Judd Gregg awoke to the bad news on Thursday morning that a coalition of Democratic groups had planned to run television advertisements in his state to pressure him to support President Obama's economic recovery plan.
Newsday:
Clinton critic Samantha Power gets White House job  —  Samantha Power, who earned notoriety for calling Hillary Rodham Clinton a “monster” while working to elect Barack Obama president, will take a senior foreign policy job at the White House, The Associated Press has learned.
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Ben Smith / The Politico:
Hardball politics stays in the Oval  —  Despite his past denunciations of the “perpetual campaign” — and “political hacks like Karl Rove” — President Barack Obama's version of change doesn't include banishing hardball politics from the environs of the Oval Office.
Michael Isikoff / Newsweek:
Bush lawyer directs Rove not to talk to Congress—once again  —  Just four days before he left office, President Bush instructed former White House aide Karl Rove to refuse to cooperate with future congressional inquiries into alleged misconduct during his administration.
U.S. Bureau of Economic Analysis:
GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (ADVANCE)  —  Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 3.8 percent in the fourth quarter of 2008, (that is, from the third quarter …
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Jack Healy / New York Times:
Steep Slide in U.S. Economy, but Not as Dire as Forecast  —  The United States economy shrank at its fastest pace in a quarter century from October through December, the government reported on Friday, in the broadest accounting yet of the toll of the credit crisis.
Jeannine Aversa / Associated Press:
Economy shrinks at 3.8 percent pace in 4Q
Discussion: D-Day and AMERICAblog News
Paul Krugman / New York Times:
Health Care Now  —  The whole world is in recession.  But the United States is the only wealthy country in which the economic catastrophe will also be a health care catastrophe — in which millions of people will lose their health insurance along with their jobs, and therefore lose access to essential care.
Discussion: The Agonist
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Wall Street Journal:
Democratic Stealth Care  —  With the nation preoccupied by the financial crisis, Democrats have been quietly working to nationalize health care.  —  Tom Daschle is still waiting to be confirmed as secretary of health and human services, not that he's in any rush.
Charles Hurt / New York Post:
CHANGE FOR THE WORSE  —  WASHINGTON - Buried deep inside …
Discussion: Townhall.com and JammieWearingFool
David Brooks / New York Times:
Cleaner and Faster  —  Throughout 2008, Larry Summers, the Harvard economist, built the case for a big but surgical stimulus package.  Summers warned that a “poorly provided fiscal stimulus can have worse side effects than the disease that is to be cured.”  So his proposal had three clear guidelines.
Joe Biden / USA Today:
Time to put middle class front and center  —  For years, we had a White House that failed to put the middle class front and center in its economic policies.  —  President Obama has made it clear that is going to change.  And it's why he has asked me to lead a task force on the middle class.
BBC:
Turkish PM given hero's welcome  —  Turkey's PM has received a hero's welcome on his return to Istanbul after he stormed out of a debate about Gaza at the World Economic Forum in Davos.  —  Recep Tayyip Erdogan had reacted angrily when he was refused the chance to respond to Israeli President Shimon Peres' defence of the operation
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Wall Street Journal:
U.S. Eyes Two-Part Bailout for Banks  —  The nation's top economic officials are discussing a new way to stabilize the financial system by buying a portion of banks' bad assets and offering guarantees against future losses on some of the remainder, in an effort to help banks while trying to mitigate the cost to taxpayers.
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Adam Nagourney / New York Times:
Candidate Linked to Obama Parody Song Leaves Race for G.O.P. Chairman  —  WASHINGTON — Chip Saltsman, the candidate for national Republican Party chairman who came under fire late last year for distributing a holiday CD with the parody song “Barack the Magic Negro,” dropped out of the contest Thursday on the eve of the vote.
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Reid Wilson / The Hill:
Five file for RNC chairman post
Charles Krauthammer / Washington Post:
Obama Distorts America's Stance on Muslims  —  Every new president flatters himself that he, kinder and gentler, is beginning the world anew.  Yet, when Barack Obama in his inaugural address reached out to Muslims by saying “to the Muslim world, we seek a new way forward …
Al Kamen / Washington Post:
Redecorating Time in Foggy Bottom  —  It was, of course, sadly inevitable.  The smell of fresh paint wafting last week through the hall heading to the State Department cafeteria signaled the demise of the Bush Diplomatic Hall of Glory — that series of lovely photographs that touted …
Discussion: Firedoglake
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Ruth Simon / Wall Street Journal:
Option ARMs See Rising Defaults  —  Woes Mount in $750 Billion Home-Loan Market; Analysts' Dim Views  —  Defaults on a popular form of mortgage that gave home buyers a choice of how much to pay each month are rising and could rival those on subprime loans, potentially causing more trouble for investors and banks.
Monica Davey / New York Times:
Blagojevich Makes a Day of It on Way Out  —  CHICAGO — As the nine-seat airplane raced through the skies on Thursday somewhere between Springfield and here, an onboard telephone began to ring.  —  Rod R. Blagojevich, the soon-to-be ex-governor of Illinois, instructed his aides not to answer.
Kevin / LA Observed:
Los Angeles Times kills local news section  —  Publisher Eddy Hartenstein has ordered the California section killed, leaving the L.A. Times without a separate local news front for the first time since the paper's early decades.  The publisher decided to fold local news inside the front section …
David Harsanyi / Denver Post:
Proof that all debate is now over  —  Imagine that.  The most expensive social experiment in American history — one that will cost taxpayers more than both the Iraq and Afghanistan wars combined — was allotted less than a single day of debate in Congress.
Discussion: protein wisdom and Townhall.com
Matthew Lee / Associated Press:
US puts up $20 million for Gaza relief  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - The Obama administration on Friday made an emergency contribution of more than $20 million for urgent relief efforts in the Gaza Strip, a day after the United Nations launched …
Discussion: Reuters and TIME.com
Noam Scheiber / The New Republic:
Border War  —  Geithner-Summers psychodrama, Round 1.  —  Larry Summers has a cutting sense of humor.  For example, when he thinks a proposal calls for government heavy-handedness, he will dismiss it as “Putinesque,” a reference to the statist Russian leader.
Discussion: The Daily Dish and Kausfiles
Lynnley Browning / New York Times:
A Rich Income in '06 Was $263 Million  —  The income of the 400 wealthiest Americans swelled in 2006, soaring nearly 23 percent from the previous year, to an average of $263 million, according to data released Thursday by the Internal Revenue Service.  Since 1996, this group has nearly doubled …
William Glaberson / New York Times:
Judge Refuses to Delay a Case at Guantánamo  —  WASHINGTON — The Obama administration hit an unexpected rough patch on Thursday in its plan to give itself time to decide how to prosecute Guantánamo detainees.  —  A military judge in the case of one of the best-known terrorism suspects declined …
Discussion: Jules Crittenden, TalkLeft and Law Blog
Monica Langley / Wall Street Journal:
After Jabs at Cheney, Biden Pursues an Activist Role  —  Vice President Follows Initial Gaffes by Diving Into Wide Range of Issues; Drawing Contrasts With Predecessor  —  WASHINGTON — Vice President Joe Biden, in a bid to become an influential second-in-command, is striving to carve out meaty roles for himself quickly.
Discussion: TIME.com
 
 
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 More Items: 
Alex Spillius / Telegraph:
USEU trade war looms as Barack Obama bill urges ‘Buy American’
Discussion: Chicago Boyz and Power Line
Michelle Malkin:
Stimulus slush fund for the housing entitlement mob
John Porretto / Associated Press:
Exxon Mobil shatters US record for annual profit
Myglesias / Matthew Yglesias:
Alice Rivlin: “Now Is An Excellent Time To Fix Social Security And Medicare”
 Earlier Items: 
Andrew Malcolm / Top of the Ticket:
Best bipartisan buddies: Sarah Palin and Barack Obama
Discussion: The Swamp, Don Surber and Redhot
Rory McCarthy / Guardian:
Dozens believed dead in reprisal attacks as Hamas retakes control
Raphael Ahren / Haaretz:
For first time, U.S. professors call for academic and cultural boycott of Israel
Discussion: Atlas Shrugs, normblog and Yourish.com
BBC:
North Korea tears up agreements
Eric Lichtblau / New York Times:
Jailed C.I.A. Mole Kept Spying for Russia, via Son, U.S. Says
Discussion: TPMMuckraker