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4:55 PM ET, February 11, 2009

memeorandum

 Top Items: 
Washington Post:
House, Senate Negotiators Reach Agreement on Stimulus  —  Final Bill Scales Down Total Package to About $789 Billion  —  House and Senate negotiators reached agreement today on a stimulus plan with a cost of about $789 billion after scaling down the versions passed by both houses, congressional leaders announced.
RELATED:
New York Times:
Deal Struck on $789 Billion Stimulus  —  WASHINGTON — Congressional negotiators announced Wednesday afternoon that they had reached agreement on a $789 billion economic stimulus bill, clearing the way for final action and President Obama's signature.  —  “The differences between the House …
David Espo / Associated Press:
Key lawmakers reach deal on $789B stimulus bill  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Moving with lightning speed, key members of the Senate announced agreement Wednesday on a $790 billion stimulus bill to create millions of jobs, and said President Barack Obama could sign the bill within days.
CNN:
Agreement reached on proposed stimulus bill  —  WASHINGTON (CNN) — Negotiators have resolved the differences between the House and Senate versions of the stimulus bill, lawmakers said Wednesday.  —  “The bills were really quite similar, and I'm pleased to announce that we've been able …
Bloomberg:
Lawmakers Agree on $789 Billion Stimulus Proposal, Baucus Says
Discussion: Swampland
RELATED:
Bobby Jindal / The Huffington Post:
GOP Rep. Cantor Attacked For Profanity-Laced Web Video
Glenn Thrush / Glenn Thrush's Blogs:
Cantor's effin' response
Discussion: Ben Smith's Blogs, The Note and MSNBC
Greg Sargent / The Plum Line:   Cantor's Spokesperson Apologizes For Labor Goon Video
Greg Sargent / The Plum Line:
Obama Allies Launch New Ad Directly Attacking GOP Leaders …
Myglesias / Matthew Yglesias:
Obama on Sweden  —  In response to a very good question for ABC News' Terry Moran, President Barack Obama specifically addressed why he's rejected a “Swedish” approach to the financial crisis: … Obama makes two arguments here, one about scale and one about national tradition.
RELATED:
Chicago Tribune:
Treasury Secretary Timothy Geithner offers up revised financial bailout plan
Discussion: RedState
Myglesias / Matthew Yglesias:
Steve Austria (R-OH) Doesn't Know When the Depression Happened  —  Austrian economics (pardon the pun) continues to take over the Republican Party: … Probabilities indicate that this is not the stupidest conservative in congress.
Discussion: Democracy in America and TalkLeft
RELATED:
Darrel Rowland / dispatchpolitics.com:
U.S. Rep. Austria blames Depression on Roosevelt
Amanda Terkel / Think Progress:
Rep. Steve Austria: FDR caused the Great Depression.»
Discussion: MoJoBlog
Rasmussen Reports:
67% Say They Could Do A Better Job On The Economy Than Congress  —  When it comes to the nation's economic issues, 67% of U.S. voters have more confidence in their own judgment than they do in the average member of Congress.  —  Nineteen percent (19%) trust members of Congress more …
RELATED:
Rasmussen Reports:
Trust on Issues  —  On Economic Issues, Voter Trust in Democrats Is Falling
Discussion: RedState
David G. Savage / Los Angeles Times:
Solicitor general nominee says ‘enemy combatants’ can be held without trial  —  Elena Kagan tells a senator she agrees with Attorney General Holder that the U.S. is at war and therefore may detain suspected terrorists indefinitely.  —  Reporting from Washington — Harvard Law Dean Elena Kagan …
RELATED:
Darren Lenard Hutchinson / DISSENTING JUSTICE:
So Exactly When Does “Change” …
Nate Silver / FiveThirtyEight.com:
Give Geithner a Break  —  I don't think he did well yesterday.  I don't know that he's the right guy for the job.  But what I do know is the following:  —  1. Nobody, absolutely nobody, has more incentive to get this right than the Obama Administration.  If the economy collapses — well …
Camille Paglia / Salon:
A rocky first few weeks  —  Obama sputters out of the gate — but don't fear yet.  Plus: Buxom foodies, frocks for the ages, and the eternal appeal of Mary McCarthy and Justin Timberlake.  —  Money by the barrelful, by the truckload.  Mountains of money, heaped like gassy pyramids in the national dump.
RELATED:
Michael Calderone / The Politico:
Harkin: ‘We need the Fairness Doctrine’
The Huffington Post:
Bailed-Out Firms Distributing Cash Rewards: “Please Do Not Call It A Bonus”  —  Two Wall Street firms that received at least $60 billion in government bailout funds will be rewarding their financial advisers with controversial retention payments, the terms of which one senior executive described as …
Kathleen Parker / Washington Post:
So Far, Amateur Hour  —  The first however-many days of Barack Obama's presidency have been a study in amateurism.  —  Many suspected that Obama wasn't quite ready, but kept their fingers crossed.  Optimistic disappointment is the new holding pattern.  —  What's missing from Obama's performance …
Discussion: Commentary and Weekly Standard
Pamela Geller / Atlas Shrugs:
RIGHT BEFORE THE ELECTION OF PRESIDENT HUSSEIN: “A $550 Billion Electronic Run on the Banks” … This is un-frickin-believable.  The financial crisis was deliberate, planned, staged.  Who made the run? … Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawals …
Discussion: protein wisdom, Theo Spark and Corrente
Newt Gingrich / Washington Times:
Where does the conservative movement go from here?  —  ANALYSIS/OPINION:  —  The conservative movement has a simple and almost certainly successful future if it does three things:  —  1. Advocate first principles with courage, clarity, persistence and cheerfulness.
Geoff Earle / New York Post:
CONGRESS $HOPPING CARTS  —  WASHINGTON - “Fore!”  —  The federal government is preparing to spend millions to purchase a fleet of small electric vehicles that critics compare to golf carts.  —  The $838 billion economic stimulus bill that passed the Senate yesterday contains $300 million …
Patrick O'Connor / The Politico:
House Dems work to reinstate cuts  —  Some House Democrats are working furiously to reinstate funds the Senate cut from an $789 billion economic stimulus package speeding to the floor this week.  —  In particular, progressive Democrats and members of the Congressional Black Caucus …
Discussion: RedState
Megan McArdle:
Maxine Waters brings the crazy  —  Her questions to the bankers are so bizarre that they don't know what to do.  Ken Lewis looks like a deer in the headlights as Waters asks her about offshore loss mitigation efforts.  He can't even figure out what she's talking about …
Walter Griffin / Bangor Daily News:
Report: ‘Dirty bomb’ parts found in slain man's home  —  Agency says radioactive materials recovered in home of man allegedly slain by his wife  —  BELFAST, Maine — James G. Cummings, who police say was shot to death by his wife two months ago, allegedly had a cache of radioactive materials …
Discussion: Riehl World View
Glenn Greenwald / Salon:
Ari Fleischer on “the grid in front of” the President  —  (updated below)  —  Daily Kos' Meteor Blades points to a rare moment of television candor last night, as Ari Fleischer explained to Bill O'Reilly how and why the White House determined which reporters were allowed to ask questions …
Discussion: BuzzFlash.org
Andrew Malcolm / Top of the Ticket:
Sarah Palin turns 45 today.  How are you celebrating?  —  Well, today is the Big 4-5 Sarah Louise Palin, the lipstick-wearing, pit-bull hockey mom whom some folks still can't get enough of — and others long ago did.  (But, look, you're still here reading!)
Justin Miller / The Atlantic Politics Channel:
Behind The Palin Pull Out  —  Sarah Palin is pulling back from her post-election media spree by withdrawing from CPAC, a move that can only help her if she wants a national political role.  —  Palin's pull out CPAC is striking because it represents a break in her media modus operandi …
Tom Baldwin / Times of London:
Show ‘torture’ evidence, US politician Bill Delahunt demands  —  A senior Democrat on Capitol Hill has mounted a fresh challenge to Britain's insistence that its relations with US intelligence agencies would be threatened by disclosing evidence of torture.  —  Bill Delahunt said that the …
Discussion: Brian Beutler
CNN:
Peanut butter officials spurn Congress' questions  —  WASHINGTON (CNN) — The president of a peanut company and a plant manager accused of knowingly distributing contaminated food refused to answer questions posed by members of Congress on Wednesday, citing their Fifth Amendment protection against self-incrimination.
Discussion: Indecision
Glenn Greenwald / Salon:
Marc Ambinder grants anonymity to “officials” to defend the Obama DOJ  —  (updated below - Update II - Update III)  —  From The New York Times Editorial Page today ("Continuity of the Wrong Kind"): … Last night, Rachel Maddow interviewed the torture victims' attorney, Ben Wizner of the ACLU …
Jeffrey Goldberg:
A Stunning Israeli Election  —  As I noted, I'm pretty far from Israel (geographically, that is), but my cell phone works in the western desert, and I've been talking to friends in Tel Aviv.  A number of quick observations:  —  1. The stunner, for me at least: The Labor Party is dead.
 
 
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 More Items: 
Subir Bhaumik / BBC:
Pair held for ‘offending Islam’
Discussion: Jihad Watch
Robert Farley / Lawyers, Guns and Money:
Why Tom Zarek Was Right
Discussion: Matthew Yglesias
Gavin M. / Sadly, No!:
The Education Of Donald Luskin
Discussion: Hullabaloo
MSNBC:
Town hall: House offered to homeless woman
Discussion: CNN and The Politico
Mary Beth Sheridan / Washington Post:
D.C. Voting Rights Passed by Senate Committee
Frank James / The Swamp:
Obama speech to be rebutted by Jindal
Discussion: The Politico
 Earlier Items: 
Paul Krugman:
The return of shrill  —  Via Angry Bear, Will Marshall …
Associated Press:
Obama: Caterpillar will rehire if stimulus passes
Discussion: RedState and Cafe Hayek
Maureen Dowd / New York Times:
Trillion Dollar Baby
Discussion: The Swamp and NY Daily News
Glenn Thrush / Glenn Thrush's Blogs:
Let 'em filibuster!  —  House Dems aren't ikely to revolt …
Steven Pearlstein / Washington Post:
Big Lessons in Finance From a Little Bank You've Never Heard Of
 

 
From Mediagazer:

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

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

 
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