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3:20 PM ET, March 3, 2009

memeorandum

 Top Items: 
The New Majority:
LIMBAUGH AT CPAC  —  President Obama and Rush Limbaugh do not agree on much, but they share at least one thing: Both wish to see Rush anointed as the leader of the Republican party.  Here's Rahm Emanuel on Face the Nation yesterday: “the voice and the intellectual force and energy behind the Republican party.”
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.
Chris Cillizza / The Fix:
White House Cheat Sheet: (Re)Defining Rush  —  Democrats are engaging in a concerted campaign to link the national Republican Party to conservative talk-radio show host Rush Limbaugh, an effort that will ramp up over the next few days in the form of another round of television ads …
Andrew Malcolm / Top of the Ticket:
So if Rush runs the GOP, does Michael Moore head the Dems?
Discussion: The Moderate Voice and Salon
Peter Hamby / CNN:   DNC chair: Limbaugh is the GOP's ‘Wizard of Oz’
Mark Silva / The Swamp:
Bobby Jindal: Obama ‘greatest’ speaker
Discussion: The Politico
David Brooks / New York Times:
A Moderate Manifesto  —  You wouldn't know it some days, but there are moderates in this country — moderate conservatives, moderate liberals, just plain moderates.  We sympathize with a lot of the things that President Obama is trying to do.  We like his investments in education and energy innovation.
RELATED:
Directorblue / Doug Ross:
“We're Sorry” — Obama voters express their regrets  —  The drones Obama voters have begun sending me photos expressing their sorrow in voting for the Won.  —  I'll post them all when I have a chance.  —  Update: Michelle Malkin suggested that David Brooks might want to join the apologetic crew.
Discussion: Michelle Malkin
Joe Klein / Swampland:
On Moderation  —  David Brooks writes today as a moderate …
Discussion: Balloon Juice
Ed Kilgore / Democratic Strategist:   The Ultimate David Brooks Column
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:
Jamison Foser / Media Matters for America:
Does ABC News understand how income tax works?  —  ABC News reports on “upper-income taxpayers” who are trying to reduce their income so they avoid proposed tax increases on those earning more than $250,000.  —  According to ABC, one attorney “plans to cut back on her business …
Wall Street Journal:
The Obama Economy  —  As the Dow keeps dropping, the President is running out of people to blame.  —  As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic.
RELATED:
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.
David Leonhardt / Economix:
Stocks Finally Start Looking Affordable
Michael Isikoff / Newsweek:
Extraordinary Measures  —  A new memo shows just how far the Bush administration considered going in fighting the war on terror.  —  In the aftermath of the 9/11 attacks, the Justice Department secretly gave the green light for the U.S. military to attack apartment buildings and office complexes inside …
RELATED:
Washington Post:
Post-9/11 Memos Show More Bush-Era Legal Errors
Andrew Ross Sorkin / New York Times:
The Case for Saving A.I.G., by A.I.G.  —  Inside the corridors of power in Washington, a 21-page document has been getting a lot of attention.  It is marked confidential and titled “A.I.G.: Is the Risk Systemic?”  —  The report, prepared for regulators by the American International Group …
Discussion: DealBook and Portfolio
RELATED:
Alexander Bolton / The Hill:
Senate Dems angry over four AIG bailouts
Discussion: Michelle Malkin
Minneapolis Star Tribune:
Coleman camp asks that election result be ‘set aside’  —  Request was made as Franken's lawyers prepare to make their case.  —  For more than a month, Norm Coleman stressed flaws in Minnesota's election system.  —  And on Monday, Coleman lawyer Jim Langdon wrote the three-judge panel …
Discussion: The Raw Story and Capital J | JTA
RELATED:
Eric Black / MinnPost:   Is Coleman v. Franken headed for a re-do?
Nia-Malika Henderson / The Politico:
Blacks, whites hear Obama differently  —  On his pre-inaugural visit to Ben's Chili Bowl, a landmark for Washington's African-American community, President Barack Obama was asked by a cashier if he wanted his change back.  —  “Nah, we straight,” Obama replied.  —  The phrase was so subtle some listeners missed it.
RELATED:
Danny Hakim / City Room:
Paterson's Job Approval at Historic Low
Kleinheider / Post Politics:
MTSU POLL: One In Six Tennesseans Admit To Telling Racist Jokes About The President  —  The newest poll on state and national issues in Tennessee is out from our friends over at Middle Tennessee State University complete with charts and graphs.  Some of the more interesting findings below.
Discussion: The New Republic
Jack Cafferty / CNN:
Cafferty: My crush on Michelle Obama  —  Editor's note: Jack Cafferty is the author of a new book, “Now or Never: Getting Down to the Business of Saving Our American Dream,” to be published in March.  He provides commentary on CNN's “The Situation Room” daily from 4 to 7 p.m. ET.
Christopher Hitchens / Slate:
A U.N. resolution seeks to criminalize opinions that differ with the Islamic faith.  —  The Muslim religion makes unusually large claims for itself.  All religions do this, of course, in that they claim to know and to be able to interpret the wishes of a supreme being.
Discussion: Political Machine and Hot Air
Paul Krugman:
Zombie financial ideas  —  Calculated Risk looks at the latest plan floated by the Treasury — to make low-interest, non-recourse loans to private investors who buy bad assets — and immediately gets it: this is a plan to drive up the prices of toxic assets by creating a lot of moral hazard.
TBogg:
You're in the high rent district  —  Approximately 2% of the American households make more than $250,000 a year and (you may find this hard to believe) a very high percentage of these high-earning go-getting producers spend their days commenting over at Michelle Malkin's place …
Discussion: Crooked Timber and The Sideshow
Toby Harnden / Toby Harnden's blog listings:
Barack Obama cancels press conference with Gordon Brown “because of snow”  —  Strange goings on surrounding the programme for the first day of Gordon Brown's visit to Washington.  —  No sooner had the Prime Minister's plane touched down at Andrews Air Force on Monday evening when word …
Karen E. Crummy / Denver Post:
Bloggers killed Rocky, Polis asserts  —  The Boulder congressman tells a forum that new media is digging journalism's grave.  —  U.S. Rep. Jared Polis, who made his fortune selling greeting cards and flowers online, gave a shout-out to the blogosphere Saturday, giving it — and himself …
 
 
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 More Items: 
Monique Garcia / Chicago Tribune:
Rod Blagojevich signs six-figure book deal
Discussion: The Moderate Voice
Eve Fairbanks / The New Republic:
Mixed Sympathy for Rush
Jonathan Chait / The New Republic:
Smear Itself  —  The paranoia of Stephen Walt rears its ugly head once again.
Walter Alarkon / The Hill:
Dean doesn't rule out elected office
Discussion: The Politico
Jane Hamsher / Firedoglake:
Did Nancy Pelosi Fast Track Stimulus Bill Over Obama's Objections?
THE WEEK News & Opinion:
Obama's morning in America
 Earlier Items: 
Andrew Sullivan / The Daily Dish:
Has Anyone Seen Tim Geithner?
Wall Street Journal:
Will Obama Stand Up for These Kids?
Discussion: Moe Lane
DMartyr / Snapped Shot:
Newsweek Labels Israel “Palestinian Territory”
Bob Cusack / The Hill:
Analysis: Obama-McCain relationship deteriorates
Rick Santelli / CNBC:
I Want to Set the Record Straight
Discussion: New York Times and The Foundry
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
Ben Sherwood and Joanna Coles take minority stakes in The Daily Beast; Sherwood will be CEO and publisher, and Coles will be chief creative and content officer

Laurence Peter / BBC:
Russia's Ministry of Justice labels BBC Russian correspondent Ilya Barabanov and science reporter Asya Kazantseva as “foreign agents”; both now live abroad

Max Tani / Semafor:
The Intercept is losing ~$300K/month and could run out of cash by May 2025, according to data from March; its CEO says the projection was a worst case scenario

 
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