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12:55 PM ET, February 5, 2009

memeorandum

 Top Items: 
Barack Obama / Washington Post:
The Action Americans Need  —  By now, it's clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression.  Millions of jobs that Americans relied on just a year ago are gone; millions more of the nest eggs families worked so hard to build have vanished.
RELATED:
Mary Katharine Ham / Weekly Standard:
Vote for the Snuggie Stimulus!  —  After all, what better to fix the ailing economy than a giant, cumbersome product of questionable value and exorbitant expense?
Discussion: Ed Driscoll.com and BLACKFIVE
The White House:
New rules  —  “Shameful.”  That was the President's response last week to the news that Wall Street had doled out $18 billion in bonuses, even after the government had propped up many of the Street's most prominent firms.  —  Today, he and Treasury Secretary Tim Geithner took action …
William Kristol / PostPartisan:
The Republicans' Opportunity  —  “This plan is more than a prescription for short-term spending — it's a strategy for America's long-term growth and opportunity in areas such as renewable energy, health care and education.”  —  With this key sentence from his op-ed in the Washington Post today …
Discussion: Sadly, No! and Weekly Standard
RELATED:
David M. Herszenhorn / New York Times:
Centrists in Senate Push to Cut Billions From Stimulus  —  WASHINGTON — Anxious over the ballooning size of the proposed economic stimulus package, now at more than $900 billion, lawmakers in both parties are working on a last-minute plan to strip tens of billions of dollars from the bill.
Discussion: TIME.com and Sound Politics
CNN:   Bipartisan meeting could determine stimulus bill's fate
Jeanne Cummings / The Politico:
Obama losing the stimulus message war  —  At this crucial juncture in the push to pass an economic recovery package, President Obama finds himself in the most unlikely of places: He is losing the message war.  —  Despite Obama's sky high personal approval ratings, polls show support …
Jonathan Allen / CQ Politics:
White House to Bypass Commerce on Census  —  The director of the Census Bureau will report directly to the White House and not the secretary of Commerce, according to a senior White House official.  —  The decision came after black and Hispanic leaders raised questions about Commerce Secretary …
RELATED:
Glenn Thrush / Glenn Thrush's Blogs:   Census stripped from Gregg?
Hotline On Call:
Sessions: GOP Insurgency “May Be Required”  —  Frustrated by a lack of bipartisan outreach from House Democratic leaders, Rep. Pete Sessions (R-TX), chairman of the National Republican Congressional Committee, said House Republicans — who voted unanimously last week against the economic plan pushed …
RELATED:
Domenico Montanaro / MSNBC:
FIRST THOUGHTS: BACK TO CANDIDATE OBAMA  —  From Chuck Todd, Mark Murray, and Domenico Montanaro  —  *** Back to candidate Obama: The president is ramping up the rhetoric as he tries to get back on offense to sell his economic stimulus plan.  It started yesterday with two events …
Discussion: Top of the Ticket
Ed Glaeser / Wall Street Journal:
The GOP Has a Dumb Mortgage Idea  —  It contradicts the ideals of Republicanism and good economics.  —  Few philosophers have done more good than Locke and Montesquieu, whose advocacy of divided government inspired America's Founders.  Our history, and the less happy past of nations without checks …
RELATED:
Kate Phillips / The Caucus:
Tax Credit for Homebuyers Passes
Fox News:
Bill Gates Unleashes Swarm of Mosquitoes on Crowd  —  Microsoft founder turned philanthropist Bill Gates released a glass full of mosquitoes at an elite technology conference to make a point about the deadly disease malaria.  —  “Malaria is spread by mosquitoes,” Gates said while opening …
Discussion: Moonbattery, Wizbang and Gawker
Bloomberg:
Volcker Chafes at Obama Panel Delay, Strains With Summers Rise  —  Feb. 5 (Bloomberg) — Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama picked the former Federal Reserve chairman to lead, people familiar with the matter said.
Washington Times:
DEA continues pot raids Obama opposes  —  President vowed to end policy  —  Drug Enforcement Administration agents this week raided four medical marijuana shops in California, contrary to President Obama's campaign promises to stop the raids.  —  The White House said it expects those kinds …
Discussion: Reason, TalkLeft and Los Angeles Times
RELATED:
Los Angeles Times:
Likely Justice Department nominee faces ethics hurdle
Discussion: The Swamp and DownWithTyranny!
Patrick O'Connor / The Politico:
Cooper in doghouse for remark  —  Rep. Jim Cooper is the Al Gore of financial collapse.  —  For decades, the Tennessee Democrat has warned that the country will be in dire straits if the government keeps borrowing billions from foreign creditors.  —  Those doomsday forecasts haven't always …
RELATED:
The Politico:
The Blue Dogs bark
Discussion: Booker Rising
Chris L. Jenkins / Washington Post:
Deluge Is Holding Up Benefits to Unemployed  —  Decline in Funding Forces Staff Cuts as Claims Swell  —  Thousands of people in the Washington area and hundreds of thousands more across the country are waiting longer than they should for unemployment benefits at a time when they need the money …
Discussion: Wonkette and ProPublica
RELATED:
Howard Schneider / Washington Post:
New Jobless Claims Surge to 626,000
E. J. Dionne Jr / Washington Post:
Time to Play Hardball  —  The irony of President Obama's Blue Tuesday is that the wall-to-wall television interviews he granted were designed not to apologize for Tom Daschle's fall from grace but to fight back against the Republicans' success in tarnishing his stimulus package.
Karl Ritter / Associated Press:
Sweden changes course on nuclear power  —  STOCKHOLM (AP) — The Swedish government agreed Thursday to scrap a three-decade ban on building new nuclear reactors, saying it needs to avoid producing more greenhouse gases.  —  Sweden is a leader on renewable energy but is struggling …
Discussion: The Foundry
Glenn Reynolds / Instapundit:
AN INSTAPUNDIT EXCLUSIVE: A report from Michael Yon.  —  It's Raining  —  By Michael Yon  —  05 February 2009  —  There had been a light, cold drizzle just before the Muslim taxi driver picked me up in Jerusalem.  It should be a 90-minute drive to Sderot, in southern Israel.
Discussion: Power Line
The Hill:
Sen. Klobuchar steals show at Congressional dinner  —  Sen. Amy Klobuchar's (D-Minn.) surprisingly caustic humor elicited belly laughs from much of the Washington press corps Wednesday night at the Washington Press Club Foundation's Annual Congressional Dinner.
Discussion: Political Machine
Michael Barbaro / City Room:
New Jersey Plant Is Called Source of Sweet Smell  —  It wafted, seductively, over Staten Island, Brooklyn, then Manhattan, a smell that was sweet but indecipherable.  And now the mayor has revealed that the likely source was fenugreek seeds used to produce fragrances at a plant in Hudson County in New Jersey.
Washington Post:
Citing Geithner's Tax Error, Critics Say Obama's Ethics Standards Are Flexible  —  As he insists that ethical standards should be the same for both the powerful and the people, critics say that President Obama is looking the other way when it comes to his Treasury secretary.
Discussion: Commentary and ProPublica
Ben Smith / Ben Smith's Blogs:
White House ‘hopeful’ on appointing Zinni  —  Despite Anthony Zinni's evident perception that he had the job of ambassador to Iraq proffered and then taken back, a senior White House official signaled that the retired Marine General is still a leading candidate for some administration post.
Discussion: Wizbang and ATTACKERMAN
The Huffington Post:
Health Benefits For Unemployed Stripped From Stimulus, HuffPost Readers Find  —  Reading even a single page of a Senate bill is often no simple task, with legislative-ese obscuring the purpose behind the language.  Reading 736 pages of the stuff is like mountain climbing in a wheelchair.
Discussion: The Treatment
David Kocieniewski / New York Times:
Rangel's Financial Disclosures Omitted Data Over 30 Years, a Report Says  —  Representative Charles B. Rangel's financial disclosure forms had at least 28 omissions in the past 30 years and failed to account for what became of more than $239,000 in assets, according to a report issued Wednesday by a private government-ethics group.
 
 
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 More Items: 
Jeffrey A. Miron / CNN:
Miron: Libertarian ideas to stimulate economy
Megan McArdle:
Productivity, and unit labor costs, rise
Discussion: Will Wilkinson
James Ridgeway / MoJoBlog:
Digital Divide: The Winners and Losers in the Switch to DTV
Discussion: Associated Press
Mark Silva / The Swamp:
Obama's faith-based office: No ‘blurring’
Discussion: The Politico
Michael Calderone / The Politico:
GOP jams the airwaves
Discussion: The Plum Line
Scott Mayerowitz / ABCNEWS:
Obama's Perks: Private Jet, Chef Tax-Free
Discussion: Townhall.com
 Earlier Items: 
David Ignatius / Washington Post:
An Obama A-Team for Iran
Kevin Drum / Mother Jones:
Honeybees!
Gateway Pundit:
Robin Carnahan Linked to Criminal Outfit That Hired Rapists …
Discussion: Townhall.com
Menzie Chinn / Econbrowser:
Why Can't We All Just Get Along? The Great Multiplier Debate
Chris Cillizza / The Fix:
White House Cheat Sheet: Bypassing the Media Filter
 

 
From Mediagazer:

Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024

 
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