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12:45 PM 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:
Alexander Bolton / The Hill:
House bonus bill is buried by the Senate  —  President Obama and Senate Democrats have buried a bill passed last week by the House that would have heavily taxed executive bonuses at bailed-out firms.  —  Despite the public outcry over $165 million in bonuses awarded at troubled insurer AIG …
Discussion: The Politico and Michelle Malkin
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 …
Mark Silva / The Swamp:
Obama's news conference: Going ‘at it’  —  President Barack Obama, ready “to go at it” with a news conference timed for prime-time television tonight, will make an appeal for bold federal spending and action in the face of a persistent economic crisis.  —  The presidential news conference arrives …
Washington Post:
Senate Will Delay Action on Punitive Tax on Bonuses  —  Jarred by a cool reception from the White House and fears of unintended consequences across the financial world, Senate leaders are likely to delay until late next month legislation to punitively tax bonuses at banks and investment firms that receive federal aid.
Jeffrey M. Jones / Gallup:
AIG, Congress, Geithner Target of Bonus Backlash  —  No consensus on best way to recover bonus money  — USA - Credit Crisis - Financial Services - Government and Politics - Americas - Northern America  —  PRINCETON, NJ — For the most part, the central players in the AIG bonus controversy …
Chris Cillizza / The Fix:
White House Cheat Sheet: Obama In Primetime
Discussion: MSNBC
Josh Marshall / Talking Points Memo:
MUST READ  —  There's an eye-opening, perhaps eye-popping …
Discussion: TPMDC, The Politico and Open Left
Yves Smith / naked capitalism:
Treasury to Seek Power to Seize Non Banks (Trojan Horse Alert)
Discussion: The Daily Dish and Pajamas Media
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 …
RELATED:
The Hill:
Go back into hiding, GOP begs Dick Cheney
Charles Homans / Washington Monthly:
Culture Shock  —  What happened when one conservative Web site ventured outside the movement bubble.  —  Last May, Conor Friedersdorf, a twenty-eight-year-old recent graduate of NYU's Journalism School, decided he was going to save conservative journalism.
Barack Obama / The Huffington Post:
Obama's Global Op-Ed: “A Time For Global Action”  —  More than 30 papers around the world ran an op-ed today by President Obama arguing for “the urgent need for global economic cooperation.”  —  According to the White House, the op-ed ran in the following papers:  —  1. Al Watan (Gulf States)
RELATED:
Barack Obama / Baltimore Sun:
A time for global action  —  Obama, in his own words, on ‘the mess that we all face’
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.
RELATED:
Nate Silver / FiveThirtyEight:
The Worst Pollster in the World Strikes Again
Discussion: Balloon Juice and Oliver Willis
CNBC:
Geithner Plan Will Rob US Taxpayers: Stiglitz  —  The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
Discussion: TalkLeft
Jonathan Martin / The Politico:
Obama seeks filter-free news  —  At a time when his Washington honeymoon is turning into a hazing, President Barack Obama and his team are launched on a strategy to sail above the traditional White House press corps by reaching out to liberal commentators, local reporters and ethnic media.
Wall Street Journal:
Will Obama Listen to Iran's Bloggers?  —  Barack Obama extended the olive branch to Iran's leaders last Friday in a videotaped message praising a “great civilization” for “accomplishments” that “have earned the respect of the United States and the world.”  The death of Iranian blogger Omid-Reza Mirsayafi …
Discussion: Israel Matzav and Betsy's Page
Adam Liptak / New York Times:
Strip-Search of Girl Tests Limit of School Policy  —  SAFFORD, Ariz. — Savana Redding still remembers the clothes she had on — black stretch pants with butterfly patches and a pink T-shirt — the day school officials here forced her to strip six years ago.  She was 13 and in eighth grade.
Lyle Denniston / SCOTUSblog:
Analysis: Campaign films may get OK  —  Analysis  —  Because a government lawyer pushed his argument as far as logic would carry it, the Supreme Court on Tuesday seemed poised to create a new exception to federal power to regulate what advocacy groups can say during national political campaigns.
Discussion: Althouse
Paul Krugman:
Larry, Larry  —  From The Hill: … I'm fine with this.  Larry is a first-rate economist with a job to do, and I wish him luck in it.  He understands what I'm saying, of course, but he's doing his best to support the official line.  —  That line now goes like this: first …
Andrew Batson / Wall Street Journal:
China Takes Aim at Dollar  —  BEIJING — China called for the creation of a new currency to eventually replace the dollar as the world's standard, proposing a sweeping overhaul of global finance that reflects developing nations' growing unhappiness with the U.S. role in the world economy.
RELATED:
Paul Farhi / Washington Post:
Consider This: NPR Achieves Record Ratings  —  At a time when newspapers, magazines and TV news continue to lose readers and viewers, at least one part of the traditional media has continued to grow robustly: National Public Radio.  —  The audience for NPR's daily news programs, including …
Discussion: NewsBusters.org
Myglesias / Matthew Yglesias:
Build Transit Where It's Most Needed: In the Core  —  Reps. Gerry Connolly and Jim Moran, both good transit folks from Northern Virginia, have introduced a bill to study Metro expansion.  This is a good idea and a welcome development, exactly the sort of thing I was hoping would come from Connolly getting elected.
Discussion: The Bellows
Foon Rhee / Boston Globe:
Obama's aunt back in Boston for deportation hearing  —  President Obama's aunt, a Kenyan immigrant who ignited controversy last year for living in the United States illegally, has returned to her quiet apartment in a Boston public housing complex to prepare for an April 1 deportation hearing.
Discussion: Ben Smith's Blog
Benjamin Sarlin / Blogs and Stories:
Don't Fear the Swedish Model  —  The Triumph of the Geeks and Tough Guys by Tina Brown  —  Blogs and Stories  —  Bo Lundgren, Sweden's minister for fiscal and financial affairs, stared down a financial crisis in the 1990s and lived to tell the tale.  In a Daily Beast interview …
Discussion: Matthew Yglesias
 
 
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 More Items: 
Wayne Slater / Dallas Morning News:
Perry, Hutchison tangle over governor's rejection of part of stimulus package
Discussion: ProPublica and Scorecard's Blog
Spencer Ackerman / The Washington Independent:
Ex-CIA Official Joins Senate Foreign Relations Committee Staff
Wall Street Journal:
Obama Gets Their Irish Up
US Department of State:
TRANSCRIPT:  —  MR. WOOD: Okay.  Good afternoon, everyone.  Happy Monday.
Discussion: Commentary
Ben Smith / The Politico:
Reines storm: Clinton conflict brews
Richard Cohen / Washington Post:
Obama and Pelosi - With Friends Like These...
 Earlier Items: 
George F. Will / Washington Post:
The Toxic Assets We Elected
Discussion: Commentary
Jeff Cox / CNBC:
For Stocks, Treasury Plan ‘May Be a Game-Changer’
Discussion: LewRockwell.com Blog
Amanda Carpenter / Washington Times:
House GOP obtains e-mails from Countrywide's VIP loan program
Ed Morrissey / Hot Air:
Video: Organizing for America's training program
Discussion: Chicago Boyz
John / Power Line:
HOW WOULD HE PRONOUNCE “CASSIOPEIA”?
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
Authentic Brands licenses Sports Illustrated's publishing rights to The Players' Tribune owner Minute Media for 10 years, with plans to keep the print edition

Charlotte Tobitt / Press Gazette:
Ofcom rules that five GB News programs presented by Conservative politicians have broken its due impartiality rules and puts the channel “on notice”

Todd Spangler / Variety:
YouTuber MrBeast announces a deal with Prime Video for Beast Games, a reality-competition show with 1,000 contestants, promising the winner a $5M cash prize

 
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