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10:50 AM ET, March 7, 2009

memeorandum

 Top Items: 
Tapscott's Copy Desk:
Obama is in trouble  —  Did you feel it?  The political ground shifting beneath President Barack Obama since his speech last week to Congress?  It's been downhill since and I'm not referring mainly to the Dow Jones record-setting dive.  The pivot point of the shift was the speech …
RELATED:
Jackson Diehl / Washington Post:
George W. Obama?  —  Washington has spent the past couple of weeks debating whether Barack Obama's ambitious agenda and political strategy are more comparable to those of Franklin Roosevelt or Ronald Reagan.  Oddly, hardly anyone is talking about the ways in which Obama is beginning to resemble the man who just vacated the White House.
Peter Robinson / Forbes:
Neither Moderate Nor Centrist  —  How Buckley, Gergen and Brooks finally realized Barack Obama's left leanings.  —  “To see what is in front of one's nose,” George Orwell famously asserted, “needs a constant struggle.”  —  Congratulations this week to three journalists who have finally taken …
Washington Post:
Court Puts Off Decision On Indefinite Detention  —  The Supreme Court yesterday vacated a lower court's ruling that the president has the right to indefinitely detain a legal U.S. resident as a terrorism suspect, and put off a decision on one of the most expansive legal claims of the Bush administration.
RELATED:
David Kravets / Threat Level:
Thoughts of Storm Troopers Filling Spy Case  —  Legal scholars, the blogopshere and the twitterati have been scratching their heads for a week following the Obama administration's assertion that it might “withdraw” (.pdf) classified documents at the center of a closely watched spy case.
Discussion: Emptywheel
Adam Liptak / New York Times:
Justices Erase Ruling That Allowed Detention
Discussion: SCOTUSblog
Wall Street Journal:
Top U.S., European Banks Got $50 Billion in AIG Aid  —  The beneficiaries of the government's bailout of American International Group Inc. include at least two dozen U.S. and foreign financial institutions that have been paid roughly $50 billion since the Federal Reserve first extended aid to the insurance giant.
Andrew Taylor / Associated Press:
Senate puts off vote on $410 billion spending bill  —  WASHINGTON — The Senate has put off until next week a final vote on a $410 billion catchall spending bill.  —  Senate Majority Leader Harry Reid said he is one vote short of the 60 needed to advance the measure.
RELATED:
Manu Raju / The Politico:
Dems need Franken more than ever
Discussion: Talking Points Memo
Carl Hulse / New York Times:   Their Ranks Bolstered, and With Big Issues Ahead, Democrats Stumble
Mark Landler / New York Times:
Lost in Translation: A U.S. Gift to Russia  —  GENEVA — The United States and Russia tried to mend their frayed relationship by having their top diplomats sit down to dinner here on Friday.  Before the appetizer was served, the diplomatic first date had gotten off to an awkward start because of a gag gift gone awry.
CNN:
Car-truck crash kills Zimbabwe prime minister's wife, injures him  —  HARARE, Zimbabwe (CNN) — Zimbabwe Prime Minister Morgan Tsvangirai was in stable condition and recovering from head injuries Friday night after a car wreck that killed his wife, Susan, medical sources told CNN.
Discussion: JoeTrippi.com
Directorblue / Doug Ross:
Meltdown  —  This is the private switching system, utilized by the Federal Reserve, that performs electronic financial transfers.  —  This is the vault that holds sixty billion of the taxpayers' dollars, which moved to an account owned by American International Group (AIG).
Peter Hartcher / Sydney Morning Herald:
Obama's economic saviour savaged as Keating lets rip  —  When Barack Obama announced his champion to rescue the world from economic ruin, it was the first time most Americans had ever heard the name Tim Geithner.  —  The initial impression was good.  The stockmarket surged and the pundits swooned.
Robert Tait / Guardian:
Shoe reportedly thrown at Iranian president Ahmadinejad  —  Protest allegedly happened as president waved to crowds from an open-top car in the Iranian city of Urumiye  —  When the Iraqi journalist, Muntazar al-Zaidi, hurled his shoes at the then-US president, George Bush, in December …
Van Helsing / Right Wing News:
Naked Obama On A Unicorn Vs. Naked Palin On A Moose (Bonus: Nude Michelle Obama)  —  It's the gift that keeps on giving: paintings of a naked Barack Obama on a unicorn.  And the paintings keep getting increasingly disturbing.  Last time around, there was a painting of a unicorn looking at Barack's back side the same...
Discussion: American Power and The Jawa Report
Reason:
Now at Reason.tv: Rep. Jeff Flake on How the GOP Can Get Its Groove Back  —  At last November's gala dinner in Los Angeles celebrating 40 years of Reason, Rep. Jeff Flake (R-Ariz.) spoke about why the Republican party was in a shambles—and what it needs to do to stage a comeback.
RELATED:
Media Matters for America:
Despite warnings from many economists that stimulus may be too small, network news rarely raised the issue … A Media Matters for America review of the ABC, CBS, and NBC evening news programs from January 25 through February 15 found that of the 59 broadcasts that addressed the economic stimulus package …
Sally C. Pipes / Wall Street Journal:
Health ‘Reformers’ Ignore Facts  —  Debunking the Democratic argument for government-run health care.  —  The Democrats' case to expand government health care is so full of holes that passing it quickly is their only hope.  If Americans slow down and ask questions, they will be hard-put to come up with answers.
Discussion: Wonk Room
Tobin Harshaw / The Opinionator:
Weekend Opinionator: The Party of Limbaugh?  A Conservative Debate  —  How powerful is Rush Limbaugh?  Well, powerful enough to make Michael Steele, chairman of the Republican National Committee, apologize for calling the radio host a mere “entertainer.”  Possibly powerful enough to cost Steele his job.
Drudge Report:
CHAVEZ CALLS ON OBAMA TO FOLLOW PATH OF SOCIALISM  —  Caracas - Venezuelan President Hugo Chavez on Friday called upon US President Barack Obama to follow the path to socialism, which he termed as the “only” way out of the global recession.  “Come with us, align yourself, come with us on the road to socialism.
Media Matters for America:
Media Matters: The media's tax fraud  —  When is a tax cut for 98 percent of taxpayers portrayed as a tax increase?  When some of the small handful of people whose taxes will go up happen to control the nation's news media.  —  Last week, President Obama unveiled a budget outline that extends …
Discussion: Hullabaloo and Cup O' Joe
 
 
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 More Items: 
Mike Lux / The Huffington Post:
Dems Need To Drop Culture Of Caution
Discussion: TalkLeft and DownWithTyranny!
Christopher Doering / Reuters:
Dean under consideration for surgeon general: report
Discussion: MyDD
Ross Douthat:
A Final Word On Rush
Discussion: Eunomia
Simon Johnson / The Baseline Scenario:
Whatever Did The CDS Market Mean By That?
 Earlier Items: 
Kevin Drum / MoJo Blog Posts:
How to Make Cap-and-Trade Into a Bad Joke
Discussion: Reuters and Washington Monthly
Larry Neumeister / Associated Press:
Lawyers indicate Madoff plea could occur next week
Stuart Taylor / National Journal Online:
Obama's Left Turn
Cherian Thomas / Bloomberg:
Roubini Says Recession May Continue Until End of 2010
Discussion: Obsidian Wings
Ben Smith / The Politico:
Pawlenty: GOP has ‘bottomed out’
Discussion: The Reaction
 

 
From Mediagazer:

Alexandra Bruell / Wall Street Journal:
The Atlantic is profitable, has 1M subscribers, and revenue grew 10% in 2023 thanks to a 50% price hike, a harder paywall, and a shift to in-depth reporting

New York Times:
The NBC News-Ronna McDaniel saga highlights the perks and perils of partisan talk TV; a source says McDaniel is now seeking $600K+ for her two year deal

New York Times:
Karlie Kloss' Bedford buys Life publication rights from Dotdash Meredith and plans to resume regular print publication in 2025; Josh Kushner will be publisher

 
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