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5:20 PM ET, March 17, 2009

memeorandum

 Top Items: 
Rich Edson / FOXBusiness.com:
Amid AIG Furor, Dodd Tries to Undo Bonus Protections He Put In  —  Senator Chris Dodd (D-Conn.) on Monday night floated the idea of taxing American International Group (AIG) bonus recipients so the government could recoup the $450 million the company is paying to employees in its financial products unit.
RELATED:
Louise Story / New York Times:
Cuomo Details Million-Dollar Bonuses at A.I.G.  —  Seventy-three employees were paid more than $1 million in the latest bonuses at the insurance giant American International Group, according to the New York attorney general, Andrew M. Cuomo.  —  The attorney general provided some new details …
Andrew Ross Sorkin / New York Times:
The Case for Paying Out Bonuses at A.I.G.  —  Do we really have to foot the bill for those bonuses at the American International Group?  —  It sure does sting.  A staggering $165 million — for employees of a company that nearly took down the financial system.  And heck, we, the taxpayers, own nearly 80 percent of A.I.G.
Jim VandeHei / The Politico:
Why AIG outrage rings hollow  —  President Barack Obama and everyone else in Washington is in a sprint for the microphones to express outrage at the big bonuses for the knuckleheads who screwed up American International Group and threaten to do the same to the rest of the economy.
Jane Hamsher / Firedoglake:   Great Idea, Let's Let AIG Thieves Blackmail Everyone
Michael Calderone / The Politico:
JournoList: Inside the echo chamber  —  For the past two years, several hundred left-leaning bloggers, political reporters, magazine writers, policy wonks and academics have talked stories and compared notes in an off-the-record online meeting space called JournoList.  —  Proof of a vast liberal media conspiracy?
RELATED:
Ezra Klein / American Prospect:
OBLIGATORY JOURNOLIST POST.  —  It is true: I am the coordinating force behind a vast, tentacular conspiracy involving every journalist and policy wonk in Washington, DC.  —  To this I say: It's all true.  My power is immense.  My enemies will be crushed.  My bling shines fierce.  Mwahahahahaha.
Discussion: The Corner
Michael Calderone / Michael Calderone's Blog:
Fox apologizes for using Biden clip UPDATE  —  Both ThinkProgress and Huffington Post pointed out that Fox aired a clip of Joe Biden commenting on the fundamentals of the economy, supposedly from this past weekend.  —  Actually, the Biden quote was from a stump speech last year criticizing McCain …
RELATED:
Satyam Khanna / Think Progress:
Fox News apologizes for dishonest splicing of Biden clip.
Discussion: PERRspectives
The Huffington Post:
Fox News Misleads Viewers With Biden Splice (VIDEO)
Discussion: FishBowlDC
CNN:
Senate to explore taxing controversial AIG bonuses  —  WASHINGTON (CNN) — Senate Democrats want to tax the controversial bonuses doled out to AIG employees who work for the division that led to the company's downfall.  —  Senate Majority Leader Harry Reid announced on the Senate floor Tuesday …
Discussion: TalkLeft and Hot Air
RELATED:
Byron York / www.dcexaminer.com:
Why tax problems have plagued Team Obama
Caitlin Taylor / The Note:
The AIG Bonus Tax: “Give the money back or we'll take it away”
Discussion: The Swamp
Blue Texan / Firedoglake:
Glenn Beck Comes Out in Favor of Paying AIG Executive Bonuses  —  digg it  —  The Populist Champion of the Everyman is sticking up for those downtrodden, forgotten millionaires at AIG. … Really shows his true colors, eh?  —  Beck also reaffirmed his comparison of Al Gore to Joseph Goebbles …
Discussion: The Daily Beast and Whiskey Fire
RELATED:
RushLimbaugh.com:
The Last Man Standing Speaks in Defense of AIG Bailout Bonuses
Discussion: Don Surber
The New Majority:
WHAT IS GOING ON AT FOX NEWS?  —  What the hell is going on at Fox News?  —  On Friday evening, Fox viewers were treated to an hour-long televangelical special starring Glenn Beck.  (The opening of the show can be seen in our Watch Now window, at right.)  —  Watching Beck cry for the cameras …
Discussion: Salon, Reason and Washington Monthly
Media Matters / Media Matters for America:
Santelli on AIG bonus rage: “You know, $165 million is like worrying about 16.5 cents, while $165 maybe necessitates a little more outrage”  —  From the March 17 edition of CNBC's Squawk Box:
Discussion: Political Machine
RELATED:
The Huffington Post:
Santelli, Sen. Kyl Push Back Against “Outrage” Over AIG Bonuses
Discussion: Democratic Strategist
Max Boot / Commentary:
Losing Support for Afghanistan  —  As I've previously noted in this space, the situation in Afghanistan is not nearly as dire as the press reports would have it.  This is hardly an unwinnable war.  In fact, with only a relatively modest  —  addition of resources we can make substantial gains.
RELATED:
David Goldstein / Buffalo News:
Obama mulls making vets foot bill for service injuries  —  WASHINGTON—The Obama administration is considering making veterans use private insurance to pay for treatment of combat and service-related injuries.  —  The plan would be an about-face on what veterans believe is a long-standing pledge …
Discussion: Big Hollywood and The Corner
RELATED:
Satyam Khanna / Think Progress:
McCain Refuses To Condemn Ingraham's Attacks On His Daughter  —  Last week, ThinkProgress reported that hate radio host Laura Ingraham responded to Meghan McCain's criticism of right-wingers like Ann Coulter by calling her “plus-sized.”  Meghan shot back, telling Ingraham, “stop talking about my body.”
Eliot Spitzer / Slate:
It's not the bonuses.  It's that AIG's counterparties are getting paid back in full.  —  Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?
Discussion: Ben Smith's Blog
Reid Wilson / The Hill:
Republicans concerned over RNC fundraising  —  GOP strategists and party leaders are increasingly worried that the party's run of bad news over the last month and a half is set to continue this week as the Republican National Committee (RNC) prepares to release what are expected to be markedly low fundraising numbers on Friday.
Discussion: Washington Monthly and Salon
Bryan Bender / Boston Globe:
Gates readies big cuts in weapons  —  Battle looms with Congress  —  Aides said Defense Secretary Robert Gates's decisions will be guided by what he learns while spending time with troops.  —  WASHINGTON - As the Bush administration was drawing to a close, Robert M. Gates …
Capital Commerce:
Yes, the Community Reinvestment Act Really Did Help Cause the Housing Crisis  —  There has been a lot of push back against the idea that the Community Reinvestment Act nudged banks to give mortgages to people who should have not gotten them.  But then here comes this fantastic story …
Discussion: protein wisdom, bizjournals and Hot Air
Neil A. Lewis / New York Times:
Moderate Is Said to Be Pick for Court  —  WASHINGTON — President Obama is expected to name his first candidate to an appeals court seat this week, officials said, choosing David F. Hamilton, a highly regarded federal trial court judge from Indiana, for the appeals court in Chicago.
Lydia Saad / Gallup:
Majority Receptive to Law Making Union Organizing Easier  —  But most Americans not closely following news about union bill in Congress  —  PRINCETON, NJ — A new Gallup Poll finds just over half of Americans, 53%, favoring a new law that would make it easier for labor unions to organize workers; 39% oppose it.
Richard Cohen / Washington Post:
Don't Blame Jim Cramer  —  What Jon Stewart needs is Jon Stewart.  He could use a droll comedian to temper his ferocity and correct him when he's wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer.  They didn't cover up the story of financial shenanigans.
BBC:
Russia announces rearmament plan  —  Russian President Dmitry Medvedev has said Moscow will begin a comprehensive military rearmament from 2011.  —  Mr Medvedev said the primary task would be to “increase the combat readiness of [Russia's] forces, first of all our strategic nuclear forces”.
Eamon Javers / The Politico:
‘Complete confidence’ in Geithner  —  If there was any doubt the White House is feeling the heat over Treasury Secretary Timothy Geithner's role in the AIG bonuses, Press Secretary Robert Gibbs gave a big clue Tuesday.  —  “The president has complete confidence” in Geithner, Gibbs told reporters.
Discussion: Associated Press, Hot Air and Moe Lane
Jeffrey Goldberg:
The Lieberman Disaster  —  Not this Lieberman, this Lieberman.  It's not a disaster for the reasons some people think; I know Avigdor Lieberman a little bit, and he's actually a person interested in a cold compromise with the Palestinians.  It's a disaster because he's made himself into a racist.
Discussion: The Daily Dish
Michael O'Brien / The Hill's Blog Briefing Room:
Bunning on Bernanke's ‘60 Minutes’ sit-down: ‘Ugggghh’  —  Sen. Jim Bunning (R-Ky.) continued his streak of weekly conference calls with Kentucky repporters in which the endangered incumbent proves himself unafraid to speak his mind, this week going after CBS news.
Walter Shapiro / Blogs and Stories:
Fix the Country Already!  —  Feds Zero In On Madoff's Inner Circle—and His Missing Money by Lucinda Franks  —  Blogs and Stories  —  Fifty days into Bamalot and we still have war, recession, unemployment.  Walter Shapiro wonders if the media's hyperactive coverage will give the president a chance to, you know, do something.
Discussion: Political Machine
 
 
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 More Items: 
Agence France Presse:
Canadians throw shoes to protest Bush
Discussion: CBS News and Think Progress
Jared Allen / The Hill:
Obama, Hispanic Dems to huddle on immigration
Discussion: Michelle Malkin
Irene Jay Liu / Capitol Confidential:
Nat'l GOP Trust PAC voices its discontent
Alan Scherstuhl / Runnin' Scared:
“Off With Those Pants”: Bill O'Reilly Seduces You in Clips From His Dirty Audiobook
Ed Morrissey / Hot Air:
Video: Luck o' The Dodd
Greg Sargent / The Plum Line:
House Republicans Planning To Try To Force Treasury To Recoup AIG Bonuses
Cary Tennis / Salon:
Why teach journalism if newspapers are dying?
Discussion: Media Blog
 Earlier Items: 
Craig Gordon / The Politico:
Obama: Go big or go home
Aaron Blake / The Hill:
Dems press Specter to switch sides
Discussion: Commentary and DownWithTyranny!
Digby / Hullabaloo:
Sociopathic Scribes  —  I wrote a little bit about the Chandra …
 

 
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Bill Grueskin / Columbia Journalism Review:
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Jennifer Saba / Reuters:
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