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10:05 AM ET, February 10, 2009

memeorandum

 Top Items: 
New York Times:
Geithner Said to Have Prevailed on the Bailout  —  WASHINGTON— The Obama administration's new plan to bail out the nation's banks was fashioned after a spirited internal debate that pitted the Treasury secretary, Timothy F. Geithner, against some of the president's top political hands.
RELATED:
Washington Post:
New Bailout May Top $1.5 Trillion  —  Plan Aims to Aid Banks, Spur Lending, Push Private Investors to Buy Toxic Assets  —  The gravity of the financial crisis confronting the Obama administration will come into stark focus today when officials unveil a three-pronged rescue program that may commit …
New York Times:
Calls for Clarity in New Bailout for U.S. Banks
Discussion: Prairie Weather
Howard Kurtz / Washington Post:
At His First Prime-Time News Conference, Obama Is Serious and Expansive  —  In a prime-time debut for the new Oval Office occupant and a press corps often accused of being too enamored of him, President Obama faced journalistic skepticism from the opening question.
RELATED:
Peter Baker / New York Times:
Taking on Critics, Obama Puts Aside Talk of Unity  —  WASHINGTON — President Obama has made a show of reaching across the aisle since taking office, inviting three Republicans into his cabinet and wining and dining other opposition leaders.  But by Monday, he sounded like a candidate back on the trail …
Discussion: Commentary, The Agonist and MSNBC
RELATED:
Jonathan Martin / The Politico:
Obama warns GOP he's no pushover  —  Yes, there will be time to change the politics of Washington and to give people wondrous examples of bipartisanship.  —  But, no, not now, President Barack Obama made clear at his first White House news conference—not if it gets in the way of passing …
John Schwartz / New York Times:
Obama Backs Off a Reversal on Secrets  —  SAN FRANCISCO — In a closely watched case involving rendition and torture, a lawyer for the Obama administration seemed to surprise a panel of federal appeals judges on Monday by pressing ahead with an argument for preserving state secrets originally developed by the Bush administration.
RELATED:
Evan Perez / Wall Street Journal:
U.S. Backs Rendition in Case
Discussion: Law Blog
Glenn Greenwald / Salon:
Obama fails his first test on civil liberties and accountability …
Darren Lenard Hutchinson / DISSENTING JUSTICE:
Just As I Predicted: Obama Administration Invokes State Secrets …
Discussion: Political Machine and Moe Lane
CNN:
Transcript: Obama takes questions on economy  —  (CNN) — President Obama held the first evening press conference of his presidency Monday, with the financial crisis as the main topic.  Before taking questions, he gave a brief speech.  Here is a transcript of the speech and news conference:
RELATED:
Robert Barnes / Washington Post:
Harvard Dean, Chosen as Solicitor General, Goes Before Senators  —  When Harvard Law School hosted a huge dinner a few years ago for the conservative Federalist Society, the school's dean, Elena Kagan, received such long and enthusiastic applause that she felt compelled to hold up her arms in mock protest.
Discussion: TIME.com
RELATED:
John Bresnahan / The Politico:   Is solicitor hearing a trial balloon?
Kristina Moore / SCOTUSblog:
SG Hearing Live Blog Tomorrow
Ann Althouse / Althouse:
Live-blogging Obama's first press conference.  —  6:38: Starting soon.  Think he'll get the hard questions?  Think he'll use his boring professorial mode or his testy exasperated mode or might he attain true presidentiality?  —  7:02: He begins.  If you don't believe we're in a crisis …
Discussion: TigerHawk, TalkLeft and GayPatriot
RELATED:
Michelle Malkin:
Savior holds first fear-mongering press conference
Marc Ambinder / The Atlantic Politics Channel:
Liveblogging The Obama News Conference
Bob Herbert / New York Times:
The Chess Master  —  It was just a week ago that the bad-mouthing of Barack Obama seemed to be reaching a fever pitch.  —  The president was taking heat for the tax problems of Tom Daschle, Timothy Geithner and other appointees and nominees.  Liberal supporters of the president were upset …
Nazila Fathi / New York Times:
Iran Offers ‘Dialogue With Respect’ With U.S.  —  TEHRAN — After the icy mutual hostility of the Bush era, President Mahmoud Ahmadinejad of Iran on Tuesday made a conditional offer of dialogue to the Obama administration, saying Tehran was ready for “talks based on mutual respect and in a fair atmosphere.”
RELATED:
Dan Eggen / Washington Post:
Bush Faithful Rewarded With Jobs  —  On the Way Out, He Placed Aides and Big-Money GOP Donors  —  Fred F. Fielding, Emmet T. Flood, William A. Burck and Daniel M. Price worked together at the White House under George W. Bush.  Less than two weeks before leaving office …
Discussion: The Raw Story and Prairie Weather
Michael Calderone / Michael Calderone's Blogs:
Schultz gets front row seat  —  What if Sean Hannity or Rush Limbaugh were up front at Bush's press conferences in the East Room?  —  Well, as network correspondents sat in the second row, liberal radio host Ed Schultz managed to snag a seat up front, right next to Helen Thomas.
Discussion: Washington Times and The Seminal
John Fund / Wall Street Journal:
Why Obama Wants Control of the Census  —  Counting citizens is a powerful political tool.  —  President Obama said in his inaugural address that he planned to “restore science to its rightful place” in government.  That's a worthy goal.  But statisticians at the Commerce Department …
Discussion: Michelle Malkin and Betsy's Page
Wall Street Journal:
There's No Stimulus Free Lunch  —  It's hard to spend wise and spend fast.  —  How much will the stimulus package moving in Congress really stimulate the economy?  —  The evaluations to date have been incomplete, so we looked at the likely stimulative effect from the spending parts …
Discussion: Grasping Reality …
Calvin Woodward / Associated Press:
FACT CHECK: Obama has it both ways on pork  —  WASHINGTON (AP) - At least Route 31 is a road to somewhere.  —  President Barack Obama had it both ways Monday when he promoted his stimulus plan in Indiana.  He bragged about getting Congress to produce a package with no pork …
Eugene Robinson / Washington Post:
Roll Over the Republicans  —  Bipartisanship is safe and effective when used as directed.  In the present circumstance, however — dire economic crisis, hardheaded Republicans, time running out — bipartisanship is doing more harm than good.  President Obama and the Democratic majorities …
Discussion: Commentary and The Campaign Spot
 
 
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 More Items: 
Menzie Chinn / Econbrowser:
House and Senate Stimulus Bills in Perspective
Discussion: Grasping Reality …
Damien McElroy / Telegraph:
Hamas leader ready for truce with Israel
Discussion: The Muqata and Jihad Watch
Isabel Kershner / New York Times:
Israelis Vote in Volatile Contest for New Leader
Discussion: Truthdig
Jerusalem Post:
Voters turn out en masse despite forecast of apathy
Discussion: Townhall.com and Commentary
Los Angeles Times:
Suspect leads police on low-speed pursuit in a Bentley, kills self during standoff
Discussion: Scripting News and On Deadline
Rachel Donadio / New York Times:
Bishop Who Denied Holocaust Ousted
 Earlier Items: 
Ben Smith / The Politico:
Left silent on Social Security, Medicare
Discussion: Ben Smith's Blogs
Scott Shane / New York Times:
Army Suspends Germ Research at Maryland Lab
Faiz Shakir / Think Progress:
Obama On Lessons Learned: I Should Have Started With No Tax Cuts …
Discussion: TalkLeft and The Reaction
Stuart Rothenberg / Real Clear Politics:
This Can't Be What Obama, Pelosi and Reid Expected
Discussion: The Moderate Voice
Betsy McCaughey / Bloomberg:
Ruin Your Health With the Obama Stimulus Plan: Betsy McCaughey
Discussion: Clayton Cramer's BLOG
 

 
From Mediagazer:

Alex Sherman / CNBC:
Sources: Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday, after he lost the trust of controlling shareholder Shari Redstone

Jessica Toonkel / Wall Street Journal:
Sources: Paramount is planning for what happens if no big deal happens, mulling cutting $2B in costs, selling BET and TV stations, starting a streaming JV, more

Ben Smith / Semafor:
Sources: Nicholas Carlson, who has been the global editor-in-chief of Business Insider since 2017, is expected to leave the publication later this summer

 
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