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3:20 AM ET, March 4, 2009

memeorandum

 Top Items: 
Washington Whispers:
GOP to Michael Steele: Quiet About Rush Limbaugh or You're Fired  —  Apology to Rush Limbaugh aside, new Republican National Committee Chairman Michael Steele is coming under fire from his own GOP troops to shut up and focus on his job of organizing the party and raising money, not fighting with his own political kind.
RELATED:
Peter Daou / The Huffington Post:
Why on Earth Are Democrats Legitimizing and Empowering Rush Limbaugh?  —  I don't buy into this ‘brilliant’ strategy of elevating Rush Limbaugh in the hopes that it will tarnish Republicans.  —  Focus relentlessly on the disastrous Bush presidency to tarnish Republicans, yes.
Greg Sargent / The Plum Line:
Limbaugh Attacks Stephanopoulos, Says ABC Falsely Reported That Eric Cantor Disagreed With “Fail” Remark  —  Okay, the Limbaugh wars have just taken yet another weird new turn — Rush is claiming that a high profile GOP leader who appeared to disagree with his professed hope that President Obama …
Greg Sargent / The Plum Line:
Rush Refuses To Say Whether Successful Obama Fix Of Economy …
Discussion: Think Progress
David Neiwert / Crooks and Liars:   Limbaugh's excuse for hoping Obama fails — ‘Dems did it too’ — is baloney
Mark Murray / MSNBC:
Poll: Obama's rating at all-time high  —  NBC/WSJ poll shows gap between popularity of president and his policies  —  WASHINGTON - After Barack Obama's first six weeks as president, the American public's attitudes about the two political parties couldn't be more different, the latest NBC News/Wall Street Journal poll finds.
Discussion: Salon, MyDD, Oliver Willis and Macsmind
RELATED:
Laura Meckler / Wall Street Journal:
Obama Gets Strong Support in Poll  —  Popularity Can Help President Pursue Big Initiatives; Warning Signs on Health Care  —  WASHINGTON — President Barack Obama enjoys widespread backing from a frightened American public for his ambitious, front-loaded agenda, a new poll indicates.
Mark Murray / MSNBC:
SNEAK PEEK AT THE NBC/WSJ POLL
RELATED:
Michael Calderone / The Politico:
How media sucks up to White House  —  In a profile last month, The Washington Post described deputy White House chief of staff Jim Messina as a “low-profile aide” who begins “fixing President Obama's problems” before 7 a.m., works 14 hours straight and then hits the gym.
Discussion: Associated Press
Allahpundit / Hot Air:
Video: Cramer goes nuclear on Obama, White House rips Cramer  —  I think he's worked up here but I can't tell for sure: Much like Glenn Beck, because his default state is one of unnerving intensity, it's hard to tell when he feels passionately about something from when he's behaving normally.
Bloomberg:
Bernanke Says Insurer AIG Operated Like a Hedge Fund  —  Federal Reserve Chairman Ben S. Bernanke said American International Group Inc. operated like a hedge fund and having to rescue the insurer made him “more angry” than any other episode during the financial crisis.
RELATED:
Lori Montgomery / Washington Post:
Obama Officials Defend Budget
Discussion: The Sundries Shack
Huma Khan / Political Punch:
Emblems to Stamp Projects Funded by the Stimulus Package  —  ABC News' Sunlen Miller reports:  —  Put a stamp on it — that's what the White House says.  —  President Obama announced today that his administration will begin stamping an emblem on projects funded by the economic stimulus package …
The New Republic:
Wealthy Idiots Meet Idiot Reporter  —  I've seen a lot of dumb news reports in my life, but I'm not sure anything can quite match this one from ABC News.  The premise of the report is this: Barack Obama plans to raise taxes on people who make more than $250,000, so the reporter has gone …
RELATED:
Newsdesk / Clout St:
Quigley claims Democratic nomination in race to replace Rahm Emanuel  —  Cook County Commissioner Mike Quigley is poised for a promotion to Congress after claiming the Democratic nomination Tuesday in the race to replace Rahm Emanuel, overcoming disadvantages in campaign cash and union support.
RELATED:
Dan Mihalopoulos / Chicago Tribune:
How Quigley claimed Democratic nomination in Rahm Emanuel race
Discussion: D-Day and MyDD
CNN:
Palin foe gets administration job  —  (CNN) - Alaska State Sen. Kim Elton, one of the leading officials to pursue an investigation of Gov. Sarah Palin during the heat of the presidential campaign, has taken a high-level job in the Interior Department.  —  Palin reacted in a short statement Monday …
David Gergen / CNN:
Obama: A course correction needed?  —  CNN Senior Political Analyst  —  Barack Obama last week set forth the most ambitious reform agenda of any president since Lyndon Johnson, and a large majority of Americans have rallied behind him.  Yet, as the economy continues its downward plunge …
Discussion: Commentary and The Corner
RELATED:
CNN:
Hoyer says Congress, not the President, will decide on earmarks
Patrick O'Connor / The Politico:
Dems yank DC vote bill in House  —  It looks like voters in the District of Columbia will have to wait another week - and possibly a lot longer - to claim official representation in the House.  —  Majority Leader Steny H. Hoyer (D-Md.) told reporters Tuesday night that the bill would not come …
RELATED:
Alan K. Ota / CQ Politics:
Democratic Revolt May Slow Obama Agenda
Discussion: DownWithTyranny!, Salon and Hot Air
Eric Lipton / New York Times:
Ex-Leaders at Countrywide Start Firm to Buy Bad Loans  —  CALABASAS, Calif. — Fairly or not, Countrywide Financial and its top executives would be on most lists of those who share blame for the nation's economic crisis.  After all, the banking behemoth made risky loans to tens of thousands of Americans …
Robert J. Barro / Wall Street Journal:
What Are the Odds of a Depression?  —  International evidence suggests there is a 20% chance our stock-market crash will lead to much worse.  —  Central questions these days are how severe will the U.S. economic downturn be and how long will it last?  —  The most serious concern …
Michael Lewis / Vanity Fair:
Wall Street on the Tundra  —  Iceland's de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted from a stunning collective madness.
Huma Khan / Political Punch:
Bullish Obama Suggests Nation Should Buy!  Buy!  —  President Obama told Americans to take a look at investing in the stock market this afternoon, a remarkable utterance for an American president, especially as the Dow Jones Industrial Average proceeds on its course Southward.
Jordan Robertson / Associated Press:
Former HP leader diagnosed with cancer  —  SAN FRANCISCO (AP) — Former Hewlett-Packard Co. Chief Executive Carly Fiorina has been diagnosed with breast cancer, a top aide said Tuesday.  —  Fiorina was diagnosed with the disease Feb. 20 and underwent surgery Monday at Stanford Hospital …
Domenico Montanaro / MSNBC:
MCCAIN EARMARKS AMENDMENT FAILS  —  From NBC's Ken Strickland  —  Today Sen. John McCain failed in his effort to strip thousands on earmarks from a government funding bill moving through Congress.  His amendment would also have reduced the funding for several government departments to last year's lower spending levels.
Discussion: Hot Air, Cassy Fiano and Wonkette
Kyle E. Moore / Comments from Left Field:
Please Help One Of Our Own  —  I've been writing here for about four years now, and over the course of those four years, we've asked you guys to open your wallets on several occasions.  We've asked you to give some of your hard earned cash to politicians who have taken hard stands …
Media Matters / Media Matters for America:
Limbaugh declares Ed Henry a “butt boy,” but “Jake Tapper is the one guy that's outside of the butt boy bubble in the White House press room”  —  You are right, I dont hear you saying any of those things.  But what I do hear you saying is things are better than they are.  —  You are wrong Rush.
Discussion: Hullabaloo and HorsesAss.Org
Washington Post:
Warrant Is Issued for Suspect in Levy Killing  —  Man Is in U.S. Prison For Attacking Women In Rock Creek Park  —  D.C. police and prosecutors said yesterday that they will charge a 27-year-old Salvadoran man with first-degree murder in the killing of Chandra Levy nearly eight years ago during …
New York Times:
Already Bleak, Auto Sales Take a Fall in February  —  DETROIT — Despite their offers of deeper discounts, automakers had more trouble luring shoppers into showrooms in February, when vehicle sales fell to their lowest level in 28 years.  —  Auto companies, which reported sales figures Tuesday …
Michelle Malkin:
Obama's new mark of the porkulus beast; Update: Photoshoppers to the rescue!  —  Scroll for updates...  Have you seen the new logo for Obama's porkulus money?  It is begging for a photoshop contest.  —  Have at it:  —  I call it the Mark of the Porkulus Beast.
Discussion: RedState
 
 
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 More Items: 
David Rieff / Gulf Times:
Is Mexico disintegrating?  —  MEXICO CITY: Shortly …
Discussion: Pacific Views
City Room:
An Eye (Many Eyes) on the Stimulus Money
Discussion: The Huffington Post
Jonah Goldberg / USA Today:
A blueprint for a ‘remaking’
Alex Isenstadt / The Politico:
Senators push select econ committee
Discussion: The Moderate Voice
Mark Landler / New York Times:
Syria Talks Signal New Direction for U.S.
Discussion: MyDD and Winds of Change.NET
Jane Hamsher / Firedoglake:
House Deal Reached on Mortgage Write-Down; New Dems Assure Banks Get Theirs
 Earlier Items: 
Jason Straziuso / Associated Press:
Afghan tech boom: Mullah embraces iPhone
Discussion: Weekly Standard and Weasel Zippers
Greg Mankiw / Greg Mankiw's Blog:
Team Obama on the Unit Root Hypothesis
Little Green Footballs:
The Kindle 2 Review
W. James Antle, III / AmSpecBlog:
Bury Goldwater
Discussion: Townhall.com
Andrew Ross Sorkin / New York Times:
The Case for Saving A.I.G., by A.I.G.
Discussion: DealBook
Paul Krugman:
Zombie financial ideas