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5:20 PM ET, March 25, 2009

memeorandum

 Top Items: 
New York Times:
Dear A.I.G., I Quit!  —  The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group's financial products unit, to Edward M. Liddy, the chief executive of A.I.G.  —  DEAR Mr. Liddy,  —  It is with deep regret that I submit …
RELATED:
Mark Steyn / The Corner:
Resigned  —  This resignation letter from an AIG exec is worth reading:
Discussion: The Moderate Voice and Salon
RELATED:
Mark Murray / MSNBC:
FIRST THOUGHTS: THE OBAMA OCEAN-LINER  —  From Chuck Todd, Mark Murray, and Domenico Montanaro  —  *** The Obama ocean-liner: More than anything else, Obama's news conference last night resembled a campaign TV ad — one in which the serious candidate talks directly to the camera …
Chris Cillizza / The Fix:   PA-Sen: Polls Spell Trouble For Specter
Ben Smith / The Politico:
Geithner ‘open’ to China proposal  —  Geithner, at the Council on Foreign Relations, said the U.S. is “open” to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar …
RELATED:
Myglesias / Matthew Yglesias:
Right-Wing Echo Chamber Fomenting Panic About Fake Sino-Russian Global Currency Plan  —  Zhou Xiaochuan, head of China's central bank, suggested earlier this week that we might need to transition away from exclusive reliance on the US dollar as a global reserve currency through the creation of a “super-sovereign reserve currency.”
Discussion: Bloomberg and Newshoggers.com
Frank James / The Swamp:
Geithner misses lifeline, sinks dollar
Discussion: The Hill and MarketBeat
Ali Frick / Think Progress:
The Right-Wing Echo Chamber In Action: How A Conspiracy Travels …
Discussion: Washington Monthly
Washington Post:
House Democrats Slash More Than $100B From Obama's Plan  —  Budget Leaders Refuse to Include More Funding for Financial Sector Bailout  —  House budget leaders today unveiled a $3.45 trillion budget blueprint for fiscal 2010 that slices more than $100 billion from the spending plan President Obama proposed last month.
RELATED:
Lori Montgomery / Washington Post:
Democrats Take Knife To Obama's Budget
Bloomberg:
Obama Asks Volcker to Lead Panel on Tax-Code Overhaul
Discussion: The Foundry
Mark Silva / The Swamp:
‘Vintage Obama:’ Budget kickoff in Senate
Discussion: The Politico and New York Times
New York Times:
E.U. President Calls U.S. Stimulus the ‘Way to Hell’  —  BRUSSELS — Transatlantic tension over the handling of the global economic crisis intensified on Wednesday when the prime minister of the Czech Republic, which holds the European Union presidency, described the U. S. stimulus measures as the “way to hell.”
RELATED:
Todd Gitlin / TPMCafe:
“Enervating”  —  The president was “not...fiery and inspirational …
Discussion: Hullabaloo
Fox News:
EU Presidency: Obama Plans ‘a Way to Hell’
Discussion: BBC
Blue Texan / Firedoglake:
Michelle Bachmann, Vigilant Guardian of the Constitution  —  Watch Timothy Geithner's face as he's grilled here by Bachmann.  Priceless. … Funny how all these Bush/Cheney Republicans have suddenly discovered there's this thing called “the Constitution,” isn't it?
Discussion: Power Line and Dependable Renegade
RELATED:
Michele Bachmann / Townhall.com:
A Government Power Grab
Discussion: American Power
Robert Mackey / The Lede:
Former CNN Anchor Moves to The Onion  —  In yet another sign that the line between real news and fake news is getting thinner, one of CNN's main anchors during the 1980s and 1990s, Bobbie Battista, has taken a step through the looking glass and can now be seen anchoring reports online for ONN, The Onion News Network.
Discussion: Oliver Willis
Mark Preston / CNN:
Jindal defends those who want Obama to fail  —  WASHINGTON (CNN) — It's OK for Republicans to want President Obama to fail if they think he's jeopardizing the country, Louisiana Gov. Bobby Jindal told members of his political party Tuesday night.  —  Jindal described the premise of the question …
Chris Cillizza / The Fix:
Limbaugh An Issue in New York Special  —  Democrats are seeking to use conservative talk-radio host Rush Limbaugh to rally their base in advance of next week's special election in New York's 20th district.  —  A new direct mail piece from businessman Scott Murphy's campaign features …
Discussion: Townhall.com
Molly K. Hooper / The Hill:
GOP's rising star runs into a rough patch  —  A rising star in the Republican Party has dimmed over the past week.  —  House Minority Whip Eric Cantor (Va.), a politically shrewd up-and-comer in the GOP, has broken with his party on two high-profile issues.
Discussion: Glenn Thrush's Blog
John Authers / Financial Times:
Is it back to the Fifties?  —  “My mother is 75,” said Jon Stewart, the US late-night comedian, at the end of his already famous interview with Jim Cramer, the television stock market pundit.  “And she bought into the idea that long-term investing is the way to go.  And guess what?”
Haaretz:
Netanyahu, Lieberman ‘struck secret deal for West Bank construction’  —  Prime Minister-designate Benjamin Netanyahu has struck a secret deal with Yisrael Beiteinu leader Avigdor Lieberman for highly contentious construction on West Bank land known as E1, Army Radio reported Wednesday.
Discussion: Ben Smith's Blog and Wonk Room
Pete Donohue / NY Daily News:
‘Doomsday’ has arrived: MTA board approves subway fare hikes  —  Next stop: the $2.50 ride - and that's if your bus or subway is still running.  —  After a fiery hearing Wednesday, the Metropolitan Transportation Authority voted 12 to 1 to approve subway, bus and commuter train fare hikes …
Discussion: Clusterstock
RELATED:
BBC:
The man who survived both atomic bombings  —  Japan has certified a man aged 93 as the only known survivor of Hiroshima and Nagasaki, both hit by atomic bombs towards the end of World War II.  —  Tsutomu Yamaguchi was in Hiroshima on a business trip on 6 August 1945 when a US plane dropped the first atomic bomb.
Jennifer Reese / Slate:
Of all the reasons to plant a garden, free food may be the worst.  —  The much-discussed Obama kitchen garden seems very noble and well-intentioned (despite Michelle Obama's controversial outfit), and as an avid gardener, I was loving the whole project until I came across the following quote from an ecstatic Alice Waters:
Discussion: OpenMarket.org
Daniel Hannan / Daniel Hannan's blog listings:
My speech to Gordon Brown goes viral  —  The internet has changed politics - changed it utterly and forever.  Twenty-four hours ago, I made a three-minute speech in the European Parliament, aimed at Gordon Brown.  I tipped off the BBC and some of the newspaper correspondents but, unsurprisingly …
Jamison Foser / Media Matters for America:
Andrew Malcolm is bored, too  —  Los Angeles Times blogger/former Laura Bush press secretary wasn't impressed by President Obama last night.  Surprise, surprise. … Now, I don't want Andrew Malcolm to be bored.  That's a less-than-ideal way to go through your workday.  —  So here's a suggestion, Mr. Malcolm: Quit.
Tom Shales / Washington Post:
The Very Face of Victory  —  Most of the facets of President Obama's personality that have made him intensely popular were on display last night during his second prime-time news conference, and so he emerged from it still every inch “President Wonderful,” as it were, untouched and intact.
Washington Post:
‘Global War On Terror’ Is Given New Name  —  The Obama administration appears to be backing away from the phrase “global war on terror,” a signature rhetorical legacy of its predecessor.  —  In a memo e-mailed this week to Pentagon staff members, the Defense Department's office of security review noted that …
Greg Sargent / The Plum Line:
Howard Dean To Announce Major New Campaign On Health Care Reform  —  Looks like Howard Dean is well on his way to finding a post-DNC niche, and he won't be needing the Obama administration to find it for him.  —  On a conference call with supporters later today, Dean will make a surprise announcement …
Discussion: Ben Smith's Blog
James Fallows / The Atlantic Politics Channel:
Obama and the Teleprompter  —  Following this and this.  —  Obama's opening statement at this evening's press conference, delivered no doubt with the help of a teleprompter, sounded smoother and more polished than his real-time answers through the rest of the event.
Washington Times:
ROMNEY: Cautionary tale of card check  —  ANALYSIS/OPINION:  —  In 2006, my last year as governor of Massachusetts, I vetoed a card-check bill that allowed public workers to organize if a majority signed union authorization cards as opposed to casting a traditional secret ballot.
Discussion: Hot Air and GOP 12
Nouriel Roubini's Global EconoMonitor:
New York Times Deal Book: Dr. Doom Finds Promise in Obama's Toxic-Asset Plan  —  From the New York Times Deal Book: … So to clarify my viewpoint: I see the Geithner plan as being relevant only to banks that are solvent.  For those that are found - after stress tests …
BBC:
Obama testing pundits' patience  —  Barack Obama's second televised presidential news conference saw him in combative mood, pundits and bloggers judged after his prime-time White House performance.  —  Online reaction was dominated by the president's minor spat with a TV reporter …
Martina Stewart / CNN:
Thompson: I don't want Obama's policies to succeed  —  WASHINGTON (CNN) - Count former GOP presidential candidate Fred Thompson among the growing chorus of prominent Republicans who want President Obama's policies to fail.  —  Tuesday evening Louisiana Gov. Bobby Jindal called pressure …
Discussion: Washington Monthly
ABCNEWS:
Ann Compton  —  Ann Compton is now covering a sixth president for ABC News in a career that has taken her to the White House, Capitol Hill and through eight presidential campaigns.  She is the national correspondent for ABC News Radio in Washington, D.C. Currently, Compton is the president …
Discussion: Michelle Malkin
 
 
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 More Items: 
Reid Wilson / The Hill:
Sen. Burr faces tough race in N.C.
Discussion: TPMDC
Associated Press:
Postal chief says post office running out of money
Discussion: Clusterstock
Noah Shachtman / Danger Room:
Pentagon Plan to Regrow Limbs: Phase One, Complete
Discussion: BLACKFIVE
John Schwartz / New York Times:
Texas Judge Denies Charges of Misconduct
Discussion: TPMMuckraker
E. Scott Reckard / Los Angeles Times:
BofA chief Ken Lewis says he plans to repay bailout funds soon
Discussion: Clusterstock
 Earlier Items: 
New York Times:
Netanyahu Promises Peace Effort
Discussion: Israel Matzav
Eric Kleefeld / TPMDC:
Behold...The Bachmann Effect!
Discussion: Gawker and Democracy in America
Foreign Policy:
FM 3-XX: Revolutionary Operations
Discussion: MoJo Blog Posts
Martin Feldstein / Washington Post:
An Anti-Charity Tax, at the Worst Time
 

 
From Mediagazer:

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:
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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