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7:20 PM ET, March 19, 2009

memeorandum

 Top Items: 
CNN:
Geithner: I should have known about bonus problems  —  (CNN) — Treasury Secretary Timothy Geithner confirmed Thursday that the department did talk to Sen. Chris Dodd about a clause he put forth in the stimulus legislation that would have strictly limited executive bonuses.
RELATED:
Stephen Ohlemacher / Associated Press:
13 firms receiving federal bailout owe back taxes  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday.
David Stout / New York Times:
House Passes Heavy Tax on Bonuses at Rescued Firms  —  WASHINGTON — Spurred on by a tidal wave of public anger over bonuses paid to executives of the foundering American International Group, the House voted 328 to 93 on Thursday to get back most of the money by levying a 90 percent tax on it.
Stephen Ohlemacher / Associated Press:
House passes bill taxing AIG and other bonuses  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Denouncing a “squandering of the people's money,” lawmakers voted decisively Thursday to impose a 90 percent tax on millions of dollars in employee bonuses paid …
Kristi Keck / CNN:
Analysis: Obama's ‘blame me’ means ‘move on’
Discussion: Connecting.the.Dots
Michelle Malkin:   Putting on a great show: Kabuki in the House; Update: 328-93 …
Tom Maguire / JustOneMinute:
Who Doesn't Love The JournoList?  —  How great is the JournoList, that off-the-record electronic salon where liberal journalists and policy gurus can exchange views, and which is emphatically *not* an echo chamber?  —  Let's see - Matt Yglesias of JL on the AIG furor - it's a distraction:
Carol E. Lee / The Politico:
Schwarzenegger on Obama: ‘Beautiful’  —  LOS ANGELES - “When have you ever seen a president be that out there?”  —  That was a mesmerized Arnold Schwarzenegger after Obama's town hall meeting.  —  “I've never seen that,” Schwarzenegger said to a couple reporters as he and his wife, Maria Shriver, tried to make an exit.
Discussion: CBS News
RELATED:
Michelle Malkin:
The Arnie-Barry lovefest  —  Well, how d'ya like that rebranded GOP now?
Discussion: Top of the Ticket
Carol E. Lee / The Politico:
Obama, Schwarzenegger hug it out
Discussion: Associated Press
Brady Dennis / Washington Post:
Inside AIG-FP, Feeling the Public's Wrath  —  A solitary flat-screen television hangs on the back wall of the trading floor inside the headquarters of AIG Financial Products here.  Wednesday afternoon, the most-talked-about employees in America huddled around it to find out just how despised they have become.
Tim Walker / Telegraph:
Gordon Brown is frustrated by ‘Psycho’ in No 10  —  While not exactly a film buff, Gordon Brown was touched when Barack Obama gave him a set of 25 classic American movies - including Psycho, starring Anthony Perkins on his recent visit to Washington.  —  Alas, when the PM settled …
Amos Harel / Haaretz:
IDF in Gaza: Killing civilians, vandalism, and lax rules of engagement  —  During Operation Cast Lead, Israeli forces killed Palestinian civilians under permissive rules of engagement and intentionally destroyed their property, say soldiers who fought in the offensive.
RELATED:
Isabel Kershner / New York Times:
Israeli Army to Investigate Gaza Shootings
Discussion: The Daily Dish and TPMCafe
Tom Bevan / Real Clear Politics:
Dodd's Deep Doo-Doo  —  So Chris Dodd admitted he misled CNN, telling them on Tuesday he had nothing to do with the loophole that mysteriously found its way into legislation and paved the way for AIG's bonuses to be paid.  The following day, Dodd confessed to CNN's Dana Bash that he in fact wrote …
Discussion: Michael Barone and GayPatriot
RELATED:
Michelle Levi / CBS News:
Dodd Defends Himself On AIG Bonuses
Discussion: Glenn Thrush's Blog
Christopher Keating / Hartford Courant:
Dodd Admits Role In AIG Bonus Controversy
Mike Soraghan / The Hill:
House OKs 90 percent tax on bailout bonsues  —  The House voted overwhelmingly Thursday to use the tax code to retrieve $165 million in bonuses that were paid out by the bailed-out insurer AIG.  —  The measure, which also applies to bonuses at other large bailed-out companies, passed 328-93.
RELATED:
Megan McArdle:
Helicopter Ben fires up the engine  —  So as Bernanke once promised/threatened he might, the Fed is turning to on quantitative easing.  The markets don't seem to like it much, and why would they?  It's like when your grammar school started having Fallout Drills.
Discussion: The Bellows
RELATED:
Erik Schatzker / Bloomberg:
Citigroup Said to Commit $10 Million for New Executive Suite  —  Citigroup Inc. plans to spend about $10 million on new offices for Chief Executive Officer Vikram Pandit and his lieutenants, after the U.S. government injected $45 billion of cash into the bank.
Michelle Malkin:
Audio comedy gold: Bozo the Vice President is looking out for you  —  The gaffetastic gift that keeps on giving.  —  In trying times, we can always count on Bozo the Vice President to provide some welcome comic relief.  Joe Biden was The Newshour on PBS last night in full swagger …
Alaska_Politics / Anchorage Daily News:
Palin rejecting federal stimulus money  —  From Sean Cockerham in Juneau -  —  Gov. Sarah Palin just told reporters that she's accepting only 55 percent of the federal economic stimulus money being offered to Alaska.  The governor said that she will accept only about $514 million of the $930 million headed to the state.
Fox News:
Duke Coach to Obama: Worry About the Economy, Not NCAA Picks  —  Reacting to news Obama picked North Carolina to win the NCAA Championship, Mike Krzyzewski says, “the economy is something that [the president] should focus on, probably more than the brackets.”
Satyam Khanna / Think Progress:
Rice: 'No One Was Arguing That Saddam Hussein Somehow Had Something To Do With 9/11′  —  On PBS's Charlie Rose yesterday — six years after the eve of the Iraq invasion — former secretary of state Condoleezza Rice discussed the decision to invade Iraq.
Discussion: Crooks and Liars and Daily Kos
Gail Collins / New York Times:
The Grievance Committee  —  Angry.  So very, very angry.  Unable to speak due to mega-anger washing over every pore and fiber of my being.  Anger is in.  (Hope's so ... January.)  —  I am extremely angry at Tim Geithner for being such a baby that he couldn't scare a bunch …
Eddie / Sky News:
Julia Alasheyeva, Moscow  —  A picture has emerged apparently showing Russia's Prime Minister Vladimir Putin in his former days as a KGB officer.  —  The 20-year old photo depicts two world leaders - US President Ronald Reagan and the Soviet leader Mikhail Gorbachev - in Moscow.
Hollywoodreporter / The Live Feed:
Networks reluctantly shuffle for Obama speech  —  Networks are pulling their shows over to the side of the road to make room for the lights and sirens of president Barack Obama's latest primetime address.  —  Obama will take to the air next Tuesday evening on four broadcast networks and bump …
The Politico:
Obama struggles as communicator  —  Of all the pitfalls Barack Obama might face in the presidency, here is one not many people predicted: He is struggling as a public communicator.  —  The sluggish and unsteady response to the uproar over AIG bonuses highlights a larger problem of his White House …
Myglesias / Matthew Yglesias:
Carol Baum: Welfare CEOs are Just Like John Galt  —  Bloomberg columnist Carol Baum puts together a baffling analogy: … Atlas Shrugged is a stupid book, Ayn Rand is a stupid woman, and John Galt's ideas are stupid.  That said, none of them are nearly this stupid.
Discussion: Bloomberg
Media Matters for America:
CNBC's Kudlow lights dollar bill on fire, says “This is the value of our money”  —  Send in the G-Men.  This guy is defacing federal money  —  I was thinking the same thing, isn't it a crime to destroy US currency?  I thought it was just as bad as defacing the US Flag, which we know the republicans would never...
Times of London:
Iranian blogger who insulted leader ‘dies in jail’  —  A young Iranian blogger jailed in Tehran's notorious Evin prison for insulting the country's supreme leader, Ayatollah Ali Khamenei, has died, his lawyer said today.  —  Mohammad Ali Dadkhah said that although there is not yet …
Discussion: Weekly Standard and Fausta's Blog
Laura Rozen / The Cable:
Top brass disturbed by GOP stalling of Iraq ambassador  —  There's one as yet unremarked constituency increasingly disturbed by some Republican senators' efforts to block the confirmation of former North Korea envoy Christopher Hill to be the next U.S. ambassador to Iraq: the U.S. military.
James K. Galbraith / Associated Press:
No Return to Normal  —  Why the economic crisis, and its solution,  —  are bigger than you think.  —  B arack Obama's presidency began in hope and goodwill, but its test will be its success or failure on the economics.  Did the president and his team correctly diagnose the problem?
Ed Morrissey / Hot Air:
Sebelius has trouble in Kansas  —  And it's not a twister, Auntie Em.  Kathleen Sebelius left her job as governor of Kansas to take a Cabinet position as Secretary of Health and Human Services in Barack Obama's administration, but she left unfinished business behind.
 
 
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 More Items: 
Newsday:
Why President Obama skipped ‘Meet the Press’
Josh Marshall / Talking Points Memo:
BIGGER THAN THE BOTH OF US  —  There's no end of puffed …
Discussion: Open Left
Manu Raju / The Politico:
GOP senator suggests Geithner resign
Discussion: Hot Air and TIME.com
Barry Schweid / Associated Press:
US-China policy group calls for mutual respect
Daniel Ikenson / Cato @ Liberty:
Too Much Hysteria about Trade  —  The World Bank issued …
Associated Press:
Undersea volcano erupts near Tonga
Discussion: Boston Globe and Pharyngula
David Stringer / Associated Press:
Blacklisted actress Betsy Blair dies in London
 Earlier Items: 
Eric Kleefeld / TPMDC:
Poll: Americans Overwhelmingly Approve Obama's Iraq Plan
Conor Dougherty / Wall Street Journal:
U.S. Migration Falls Sharply
Discussion: Creative Class
Reliable Source:
Puppy Love at the Veep's House
Discussion: Political Punch
Jimmy Orr / Christian Science Monitor:
Obama: It's like AIG has a bomb strapped to them
 

 
From Mediagazer:

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

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:
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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