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6:10 AM ET, March 24, 2009

memeorandum

 Top Items: 
Washington Post:
U.S. Seeks Expanded Power to Seize Firms  —  Goal Is to Limit Risk to Broader Economy  —  The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers …
RELATED:
Josh Marshall / Talking Points Memo:
MUST READ  —  There's an eye-opening, perhaps eye-popping, article in tomorrow's Journal ("Obama Dials Down Wall Street Criticism"), the gist of which is that over the last three months Obama and his team have learned that they've got to start respecting Wall Street and the big banks if they want to get anything done.
Monica Langley / Wall Street Journal:
Obama Dials Down Wall Street Criticism  —  WASHINGTON — The Obama administration, after months of criticizing Wall Street, has been scrambling to woo top bankers and financiers to back its latest bailout plan.  —  In recent days, in spite of public furor over huge bonuses paid …
Discussion: Gawker
Jackie Calmes / New York Times:
Rescue Plan, With Some Fine Print, Dazzles Wall Street
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:
The Huffington Post:
Michele Bachmann: I Want People “Armed And Dangerous” Over Obama Tax Plan  —  Controversial Rep. Michele Bachmann (R-Minn.) said this weekend that she wants residents of her state “armed and dangerous” over President Barack Obama's plan to reduce global warming “because we need to fight back.”
RELATED:
Glenn Thrush / The Politico:
Bachmann urges ‘armed’ climate revolt
Discussion: Dump Michele Bachmann
Eric Kleefeld / TPMDC:
Bachmann: I Want People “Armed And Dangerous” Against Energy Tax
Ali Frick / Think Progress:
Bachmann: ‘I Want People...Armed And Dangerous On This Issue’ Of Cap And Trade
Discussion: DownWithTyranny!
Joe Dwinell / Boston Herald:
Poll of change: Obama's job approval slipping to ‘50-50’  —  + Recent Articles + Recent Blog Entries + Email + Bio  —  The honeymoon is over, a national poll will signal tomorrow as President Obama's job approval stumbles to about 50 percent over the lack of improvement with the crippled economy.
Discussion: Atlas Shrugs
RELATED:
Jules Crittenden:
50-50  —  Zogby poll due out in the morning will be reporting the Obama admin's latest grim milestone.  As many people don't like him as do.  Boston Herald: … Maybe, but the vast presidential gaffe repository Obama is amassing can't be helping.  The guy's only been in 60-odd days and he's tripped more than Ford.
Discussion: Power Line and Oliver Willis
Jeff G. / protein wisdom:
“A Good Man is Hard to Find,” 2
Discussion: Moe Lane
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 …
RELATED:
Phil Davis / Financial Times:
Ron Paul: Believer in small government predicts 15-year depression
Discussion: ParaPundit and Don Surber
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.
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 …
RELATED:
David Rogers / The Politico:
Bailout reserve casualty of deficit war
The Politico:
Groups push reconciliation option
Discussion: Associated Press
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:
Jessica Leeder / Globe and Mail:
Fox News host apologizes to Canada - sort of
Discussion: The Reaction and Balloon Juice
canada.com:
Fox host apologizes for mocking Canadian military
Discussion: VetVoice and BLACKFIVE
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.
RELATED:
Myglesias / Matthew Yglesias:
Inviting the Public to Play
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 …
Amanda Terkel / Think Progress:
O'Reilly Attacks Me As A ‘Villain’ For Highlighting His Rape Comments  —  As promised, tonight, Fox News host Bill O'Reilly aired his segment alleging that ThinkProgress caused “pain and suffering” to rape victims.  Our unspeakable offense was contained in a March 1 blog post …
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.
McClatchy Washington Bureau:
Congress isn't feeling much heat from Obama's ‘army’  —  WASHINGTON — President Barack Obama's army of canvassers fanned out across the nation over the weekend to drum up support for his $3.55 trillion budget, but they had no noticeable impact on members of Congress, who on Monday said they were largely unaware of the effort.
Discussion: Don Surber
Molly K. Hooper / The Hill:
Go back into hiding, GOP begs Dick Cheney  —  Congressional Republicans are telling Dick Cheney to go back to his undisclosed location and leave them alone to rebuild the Republican Party without his input.  —  Displeased with the former vice-president's recent media appearances …
 
 
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 More Items: 
Balkinization:
The Constitutionality of Taxing Bonuses
Discussion: JustOneMinute and The Plum Line
Philip Rucker / Washington Post:
Campaign Finance Challenged
Jeff Zeleny / The Caucus:
It's Never Too Soon to Think About 2012
Discussion: The Politico
CBS News:
Poll: Mixed Reviews For Obama On AIG
John Schwartz / New York Times:
Accused Qaeda Sleeper Agent in Court
Ann Sanner / Associated Press:
Senate looks into expanding AmeriCorps
Associated Press:
Rep. Frank calls Scalia a ‘homophobe’ in interview
 Earlier Items: 
Mark Silva / The Swamp:
Barack Obama Industrial Average: Rising
Discussion: The Politico
Ben Smith / Ben Smith's Blog:
Koh to State  —  Harold Hongju Koh, one of the nation's …
Discussion: Weekly Standard
Martin Beck / L.A. Now:
Federal judge postpones medical marijuana sentencing
Discussion: The Agitator
Michael Barone:
Republicans Aren't Doing Better—Democrats Are Doing Worse
Discussion: RedState
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis

Jeff Jarvis / BuzzMachine:
The New York Times is broken, shown by its entitled, petulant reaction to Politico's report on its tense relationship with Biden

Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals
 
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