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11:55 AM ET, February 27, 2009

memeorandum

 Top Items: 
CNN:
Steele to CPAC: The Republican party is just fine  —  WASHINGTON (CNN) - Capping off a day of conservative soul-searching, strategizing and navel-gazing at the annual Conservative Political Action Conference in Washington, Republican National Committee chairman Michael Steele announced Thursday …
RELATED:
Eric Kleefeld / TPMDC:
Steele's New GOP Message: “My Bad”; Bachmann To Steele: “You Be Da Man!”
Think Progress:
John Bolton jokes about nuking Chicago, entire CPAC audience erupts in laughter.
Steve Benen / Washington Monthly:
NYUK, NYUK, NUKE.... What is it about conservatives and their attitudes …
Discussion: Roger Ailes
John Bresnahan / The Politico:
Pelosi butts heads with Obama  —  Nancy Pelosi repeatedly stood to applaud Barack Obama when he addressed a joint session of Congress Tuesday night.  But in the days since, the speaker of the House has been standing up for herself —distancing herself from the president on Iraq …
RELATED:
J. Taylor Rushing / The Hill:
Reid joins Pelosi in opposing weapons ban revival  —  Senate Majority Leader Harry Reid will join Speaker Nancy Pelosi (D-Calif.) in opposing any effort to revive the 1994 assault weapons ban, putting them on the opposite side of the Obama administration.  —  Reid spokesman Jim Manley …
J. Taylor Rushing / The Hill:
Revival of gun debate puts Gillibrand in tough spot
Discussion: New York Times
Paul Krugman / New York Times:
Climate of Change  —  Elections have consequences.  President Obama's new budget represents a huge break, not just with the policies of the past eight years, but with policy trends over the past 30 years.  If he can get anything like the plan he announced on Thursday through Congress, he will set America on a fundamentally new course.
RELATED:
David Leonhardt / New York Times:
A Bold Plan Sweeps Away Reagan Ideas  —  The budget that President Obama proposed on Thursday is nothing less than an attempt to end a three-decade era of economic policy dominated by the ideas of Ronald Reagan and his supporters.  —  The Obama budget — a bold, even radical departure from recent history …
Peter Baker / New York Times:
Iraq Withdrawal Plan Gains G.O.P. Support  —  WASHINGTON — President Obama won crucial backing on Thursday for his Iraq military withdrawal plan from leading Congressional Republicans, including Senator John McCain, the party's presidential nominee, who spent much of last year debating the war with Mr. Obama.
RELATED:
Meg Marco / Consumerist:
The “Worst Food Product Ever” May Have Been Found  —  Pork Brains In Milk Gravy.  Could it be the worst food product ever?  It does have 1170% of your daily cholesterol per serving.  Mmmm.  More »
CNBC:
Steep GDP Revision Puts Economic Loss at 6.2%  —  The U.S. economy contracted more sharply than initially estimated in the fourth quarter, government data showed on Friday, as exports plunged and consumers cut spending by the most in over 28 years amid a severe recession.
RELATED:
Eric Dash / New York Times:
U.S. Agrees to Raise Its Stake in Citigroup  —  In its most daring bid yet to stabilize Citigroup, one of the nation's largest and most troubled financial institutions, the Treasury Department announced on Friday that it would vastly increase its ownership of the struggling company.
RELATED:
Chris Isidore / CNNMoney.com:
Feds step deeper into Citi bailout
Martin Crutsinger / Associated Press:
Citigroup reaches aid deal with government
Think Progress:
Exclusive: Joe the Plumber suggests some members of Congress should be shot.  —  On Wednesday, Joe “the Plumber” Wurzelbacher said that if he were in Congress, he would “probably be in jail” because he'd be charged with “slapping some member.”  He added, “And that's not [bull] either.”
David Weigel / The Washington Independent:
Conservatives Confident Their Day Is Coming  —  Tucker Carlson closed out the first day of the Conservative Political Action Conference to a chorus of boos.  His crime: informing a crowd of youngish, frustrated conservatives that if they wanted to succeed, they had to copy The New York Times.
Financial Times:
Insight: Time to expose those CDOs  —  Just how much should a debt vehicle backed by subprime mortgage bonds be worth these days?  Two years ago, most banks and insurance companies assumed the answer was close to 100 per cent of face value - or more.  —  Since then, however, that “price” …
RELATED:
Hilzoy / Obsidian Wings:   Now That's What I Call Toxic!
Nicholas Confessore / City Room:
Morgenthau Won't Seek Re-election  —  Robert M. Morgenthau, the Manhattan district attorney, in December.  He will turn 90 in July.  —  Robert M. Morgenthau, the long-serving Manhattan district attorney and an institution in New York City politics, will not run for re-election this year, a person told of his decision said on Friday.
Discussion: TalkLeft and Law Blog
RELATED:
New York Post:
MORGENTHAU OPTS NOT TO RUN AGAIN
Discussion: Ben Smith's Blogs
Noam N. Levey / Chicago Tribune:
Obama administration may rescind ‘conscience rule’  —  Officials say the move seeks to clarify rules for health care workers  —  WASHINGTON — Taking another step into the abortion debate, the Obama administration Friday will move to rescind a controversial rule that allows health-care workers …
George F. Will / Washington Post:
Climate Science in A Tornado  —  Few phenomena generate as much heat as disputes about current orthodoxies concerning global warming.  This column recently reported and commented on some developments pertinent to the debate about whether global warming is occurring and what can and should be done.
Leslie Wayne / New York Times:
$25 Billion to Promote Electric Cars Is Untouched  —  WASHINGTON — The future of the American auto industry is getting off to a slow start.  —  The Energy Department has $25 billion to make loans to hasten the arrival of the next generation of automotive technology — electric-powered cars.
 
 
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 More Items: 
Wall Street Journal:
The Obama Revolution
Discussion: Townhall.com
Myglesias / Matthew Yglesias:
The Right's Civil War
David Brooks / New York Times:
The Uncertain Trumpet  —  On Tuesday night, President Obama talked …
Discussion: Booman Tribune and marbury
Andrew Malcolm / Top of the Ticket:
Breaking: Ex-Pres. Bush has trouble getting Dallas paper delivered
National Journal Online:
Congressional Insiders Poll
Discussion: TalkLeft
Kara Yates / CNN:
$400,000 for comic book? Better be Super good
Discussion: Boing Boing
Joan Lowy / Associated Press:
Panel: Raise gas tax, charge drivers by the mile
Discussion: Gateway Pundit
 Earlier Items: 
Brett Neely / Bloomberg:
Arsonists Torch Berlin Porsches, BMWs on Economic Woe
Discussion: Riehl World View and The Corner
Dan Balz / Washington Post:
Ambitious Blueprint a Big Risk The President Is Willing to Take
Discussion: Associated Press, MSNBC and NPR Blogs
Andrew Malcolm / Top of the Ticket:
More entertaining Sen. Burris news, this time on son Burris II
Yinka Adegoke / Reuters:
Newsday plans to charge for online news
Larry Margasak / Associated Press:
Firms defraud government but get new US contracts
Discussion: Washington Post
Attaturk / Firedoglake:
Credit Crisis for the intellectually bankrupt
Discussion: TBogg and 24Ahead
Zombie / zomblog:
San Francisco welcomes William Ayers and Bernardine Dohrn
Discussion: American Power
 

 
From Mediagazer:

Andy Orin / Lifehacker:
I'm Ira Glass, Host of This American Life, and This Is How I Work

Corey Pein / The Baffler:
At its worst, entrepreneurial journalism disdains ethics and ignores journalism's mission

David Carr / New York Times:
At Front Lines, Bearing Witness in Real Time

 
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