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11:30 PM ET, March 23, 2009

memeorandum

 Top Items: 
The Politico:
Reviews are in: Geithner clears the bar  —  Featured Topics: - Barack Obama - Presidential Transition  —  It was bound to happen sooner or later.  —  Treasury Secretary Timothy Geithner - who hasn't had many winning days in his short tenure on Pennsylvania Avenue - scored a big political victory Monday …
RELATED:
Paul Krugman:
Geithner plan arithmetic  —  Leave on one side the question of whether the Geither plan is a good idea or not.  One thing is clearly false in the way it's being presented: administration officials keep saying that there's no subsidy involved, that investors would share in the downside.  That's just wrong.
Myglesias / Matthew Yglesias:
Inviting the Public to Play  —  As I've said before, I think there are at least three different dimensions along which you need to try to evaluate the Geithner Plan.  One is political feasibility.  Two is likely efficacy in terms of recapitalizing banks.  And three is fairness/justice.
John Heilemann / New York Magazine:
Inside Obama's Economic Brain Trust
Discussion: Ben Smith's Blog
Eric Martin / Bloomberg:
Bank of America's Bernstein Says Sell Bank Stocks After Rally  —  Investors should sell bank stocks after they rallied 12 percent today because the Treasury Department's plan to buy toxic assets won't stop profits from dropping, Bank of America Corp.'s Richard Bernstein said.
RELATED:
Felix Salmon / Portfolio:
How Treasury's Bank Bailout Could Make Things Worse
Eric Ostermeier / Smart Politics:
Michele Bachmann on D.C.: “I'm a Foreign Correspondent On Enemy Lines”  —  During a Saturday afternoon interview on WWTC 1280 AM with The Northern Alliance's John Hinderaker and Brian Ward, Minnesota Republican Congresswoman Michele Bachmann discussed her staunch opposition to several Democratic-led efforts …
RELATED:
Glenn Thrush / The Politico:
Bachmann urges ‘armed’ climate revolt  —  Rep. Michele Bachmann, the firebrand Minnesota conservative Republican, may have gone a bit over the rhetorical line last weekend when attacking the Obama administration's cap-and-trade proposal.  —  Speaking on a right-wing talk radio show in Minnesota on Saturday, Bachmann said:
Discussion: Dump Michele Bachmann
Ali Frick / Think Progress:
Bachmann: ‘I Want People...Armed And Dangerous On This Issue’ Of Cap And Trade
Discussion: DownWithTyranny!
Allahpundit / Hot Air:
Canadian defense minister to Greg Gutfeld and Fox News: Apologize; Update: Gutfeld apologizes  —  In which a YouTube grassroots brushfire explodes into a full-blown international incident.  You make the call: Below you'll find the “Red Eye” segment that aired on March 17 followed by MacKay's demand for an apology this morning.
Discussion: Gawker, Raw Story and five feet of fury
RELATED:
canada.com:
Fox host apologizes for mocking Canadian military  —  PHOTOS ( 1 )  —  A segment from the Fox News program Red Eye mocking Canada's effort in Afghanistan is available on YouTube.  —  OTTAWA — The Fox News television host who mocked Canadian troops in Afghanistan has apologized for what he says was a satire.
Discussion: VetVoice and BLACKFIVE
Jessica Leeder / Globe and Mail:
Fox News host apologizes to Canada - sort of
Discussion: Balloon Juice
Amanda Terkel / Think Progress:
I Was Followed, Harassed, And Ambushed By Bill O'Reilly's Producer  —  On March 1, ThinkProgress picked up on a story by News Hounds, which noted that Fox News host Bill O'Reilly — who has made controversial comments about rape victims in the past — was slated to speak at a March 19 fundraiser for the Alexa Foundation.
The Politico:
Groups push reconciliation option  —  Featured Topics: - Barack Obama - Presidential Transition  —  An umbrella group of progressive organizations is pressing congressional budget leaders to keep the option of using expedited budget procedures to move President Barack Obama's healthcare initiatives through …
RELATED:
Jamil Anderlini / Financial Times:
China calls for new reserve currency  —  China's central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.  —  In an essay posted on the People's Bank of China's website, Zhou Xiaochuan …
John / Power Line:
HOW WOULD HE PRONOUNCE “CASSIOPEIA”?  —  Everyone knows that Barack Obama is lost without his teleprompter, but his latest blunder, courtesy of the Milwaukee Journal Sentinel, via the Corner, suggests that the teleprompter may not be enough unless it includes phonetic spellings.
RELATED:
JSOnline:
Plugged In  —  At home, at work or on the road, energy writer …
Discussion: TPMDC and The Corner
Megan Slack / The Huffington Post:
Tammy Bruce Calls The Obamas “Trash In The White House”  —  Tammy Bruce, guest host for Laura Ingram's radio show, had some harsh words for First Lady Michelle Obama.  —  Discussing the first lady's visit to a Washington D.C. classroom last week, Bruce incredulously recalled Obama's story …
Chris Kelly / The Huffington Post:
Townhall: Michelle Obama is a Bitch, Get It?  —  Burt Perlutsky was a TV writer a long time ago.  Then he aged out of it and became a crank.  This wasn't one of those major loses like Steinbeck.  Now he writes a column for Townhall.com, the popular website owned by a Christian radio network.
Adam Silverman / USA Today:
Same-sex marriage measure sails through Vt. Senate  —  The Vermont Senate on Monday evening overwhelmingly passed a bill that could legalize same-sex marriage in the state.  —  The state Senate voted 26-4 in favor of the measure introduced by Democratic state Sen. John Campbell.
RELATED:
DealBook:
Cuomo Says Most Huge A.I.G. Bonuses Were Returned  —  Attorney General Andrew M. Cuomo of New York announced late Monday afternoon that 9 of the top 10 bonus recipients at the American International Group were giving back their bonuses.  —  He also said 15 of the largest 20 bonus recipients …
Discussion: Salon, Gawker, Hot Air, TPMMuckraker and Wonkette
Jorr / Christian Science Monitor:
Obama writes letter to Chirac - blogosphere goes crazy  —  Want to know how quickly rumors get spread on the Internet?  Here's a prime example.  —  The right side of the web is apoplectic this morning claiming that President Obama doesn't know who the French president is.
Juliet Eilperin / Washington Post:
EPA: Global Warming Threatens Public Health, Welfare  —  The Environmental Protection Agency sent a proposal to the White House on Friday finding that global warming is endangering the public's health and welfare, according to several sources, a move that could have far-reaching implications for the nation's economy and environment.
John / Power Line:
SECOND TIME'S A CHARM  —  As far as the market is concerned, anyway, Tim Geithner's second shot at laying out a plan to rescue the nation's banking system is being received a lot better than his first.  At this moment, the Dow is up over four percent.  —  You can read the Treasury Department's description of the plan here.
Discussion: The Huffington Post
RELATED:
Kevin Rennie / Real Clear Politics:
Dodd's Wife a Former Director of Bermuda-Based IPC Holdings, an AIG Controlled Company  —  No wonder Senator Christopher Dodd (D-Conn) went wobbly last week when asked about his February amendment ratifying hundreds of millions of dollars in bonuses to executives at insurance giant AIG.
Discussion: NO QUARTER and DISSENTING JUSTICE
Associated Press:
Rep. Frank calls Scalia a ‘homophobe’ in interview  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Massachusetts Rep. Barney Frank called Supreme Court Justice Antonin Scalia a “homophobe” in a recent interview with the gay news Web site 365gay.com.
John Schwartz / New York Times:
Accused Qaeda Sleeper Agent in Court  —  PEORIA, Ill. — Ali Saleh Kahlah al-Marri, accused by the government of being a sleeper agent for Al Qaeda and held as an enemy combatant for almost six years, made his first appearance Monday afternoon in the courtroom where he will be tried on charges of providing aid to terrorists.
Mark Silva / The Swamp:
Barack Obama Industrial Average: Rising  —  The stock market is up, in terms relative to its most recent terrifying trench, and so is President Barack Obama's approval rating, which also bottomed out a while back.  —  The president would like people to think he follows neither indicator too closely …
Discussion: The Politico
Andrew Sullivan / The Daily Dish:
The Brutal Truth  —  Alex Knapp: … My sense is that it is a delayed reaction in some ways to Bush, and his betrayal of conservatism.  For all sorts of reasons, most of the current tea-partiers backed the GOP under Bush and Cheney, although some, to be fair, did complain about some of it.
Myglesias / Matthew Yglesias:
Breaking up the Big Banks  —  My biggest concern about the PPIP approach to the banking system is that even if it works, what it does essentially is return us to the pre-crisis status quo—banks that are so large that they're too politically powerful to regulate effective and too systemically important to be allowed to fail.
Discussion: Eschaton, Open Left and Newshoggers.com
Matt Corley / Think Progress:
Fox News VP: Fox is ‘the voice of opposition’ to the Obama administration.  —  Though Fox News is widely known to be biased in favor of conservatism, the network likes to claim that is “fair and balanced” and that the objectivity of the “hard news” they do is “is not in question.”
Discussion: NPR
Michael Barone:
Republicans Aren't Doing Better—Democrats Are Doing Worse  —  By Michael Barone, Thomas Jefferson Street blog  —  Last Wednesday, I noted that Republicans are now running even or slightly ahead in the generic vote for Congress in two respected national polls.  On Friday, Charlie Cook noted the same results.
 
 
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 More Items: 
Ann Sanner / Associated Press:
Senate looks into expanding AmeriCorps
New York Times:
Sunni Militia Say Iraq Didn't Keep Jobs Promises
Charles Babington / Associated Press:
SPIN METER: Obama cools rhetoric on AIG bonuses
CNN:
FAREED ZAKARIA GPS
Discussion: Crooks and Liars and Balloon Juice
Ben Smith / Ben Smith's Blog:
Koh to State  —  Harold Hongju Koh, one of the nation's …
Discussion: Weekly Standard
Kimberly Hefling / Associated Press:
Senator seeks to halt sales of ‘e-cigarettes’
Martin Beck / L.A. Now:
Federal judge postpones medical marijuana sentencing
Discussion: The Agitator
 Earlier Items: 
Robert Burns / Associated Press:
Levin: US and Russia should unite against Iran
Gary Bauer / The Politico:
Is Gitmo creating terrorists?
Discussion: Firedoglake
Colleen Long / Associated Press:
NY state senator indicted, accused of assault
Cynthia Littleton / Variety:
Tempest of the ‘toldja!’ journalists
Myglesias / Matthew Yglesias:
Charles Murray's Praise of Human Misery
 

 
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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

Ashley Carman / Bloomberg:
How MowPod, which sells podcast advertising tools, uses mobile game ads to incentivize gamers to follow shows on Apple Podcasts in order to earn in-game tokens

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

 
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