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4:15 PM ET, March 30, 2009

memeorandum

 Top Items: 
Reuters:
President Obama's remarks on U.S. car industry  —  (Reuters) - Following are excerpts from President Barack Obama's Monday remarks about the U.S. auto industry's restructuring effort:  —  In recent months, my Auto Task Force has been reviewing requests by General Motors and Chrysler …
RELATED:
New York Times:
Obama's Announcement on the Auto Industry  —  Following are President Obama's remarks, as provided by the White House.  —  Good morning, everybody.  —  One of the challenges we've confronted from the beginning of this administration is what to do with the state of the struggling auto industry.
Henry Pulizzi / Wall Street Journal:
Obama Outlines GM, Chrysler Plans  —  WASHINGTON—Warning that they can't depend on unending taxpayer dollars, President Barack Obama on Monday gave General Motors Corp. and Chrysler LLC a brief window to craft plans that would justify fresh government loans.
Kevin G. Hall / McClatchy Washington Bureau:
Feds declare GM, Chrysler not viable, refuse more aid
Discussion: Bloomberg and JustOneMinute
Susie Madrak / Crooks and Liars:
Obama Says No to More Auto Industry Bailout Money
Discussion: Bloomberg
Jonathan Chait / The New Republic:
Why the Democrats Can't Govern  —  Look who's killing Obama's agenda now.  —  The last Democrat who held the White House, Bill Clinton, saw the core of his domestic agenda come to ruin, his political support collapse, and his failure spawn a massive Republican resurgence that made progressive reform impossible for a decade to come.
RELATED:
Chris Bowers / Open Left:   Why No One Believes What Democrats Say  —  Quite a few bloggers …
ABCNEWS:
PAYDAY: GM's Rick Wagoner Drives Away with $20M Retirement  —  Critic Calls Multi-Million Package “Perfect Example” of Frustration with Industry  —  Rick Wagoner will leave his post as CEO of bailed-out General Motors with a $20 million retirement package, the company's financial filings show.
RELATED:
Francis Cianfrocca / blackhedd's blog:
General Motors Hurtles Toward Bankruptcy
Hollie McKay / Fox News:
Angie Harmon: I'm Not Racist Because I Disagree With Obama  —  Angie Harmon is not afraid to come out and say she doesn't like how President Obama is handling the job — but she's sick of having to defend herself from being deemed a racist.  —  “Here's my problem with this, I'm just going to come out and say it.
RELATED:
Michael Kranish / Boston Globe:
Pension insurer shifted to stocks  —  Concern increases as losses mount; Failing plans could overwhelm agency  —  WASHINGTON - Just months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed …
RELATED:
Josh Marshall / Talking Points Memo:   Big Trouble  —  The more I look at these investment decisions …
David Kurtz / Talking Points Memo:
Buy High, Sell Low
Discussion: Raw Story
New York Times:
Star Lobbyist Closes Shop Amid F.B.I. Inquiry  —  WASHINGTON — For most of the last three decades, the lobbyist Paul Magliocchetti might have been mistaken for an owner of the Alpine, a wood-paneled Italian restaurant across the Potomac River from Washington where he routinely presided …
RELATED:
Ed Morrissey / Hot Air:
Gore: Lighting candles while cursing the light  —  The proverb instructs us that we do better to light a single candle than to curse the darkness.  But what if one is making a killing at praising the darkness?  Would it not be better for that person to extinguish a single candle instead?
Discussion: Post Politics and Moe_Lane's blog
RELATED:
Yeas and Nays:   Earth-lover Gore doesn't love ‘Earth Hour’
Kleinheider / Post Politics:
Al Gore Responds To Earth Hour Accusations
Manu Raju / The Politico:
In Minnesota, it's still November  —  Texas Sen. John Cornyn is threatening “World War III” if Democrats try to seat Al Franken in the Senate before Norm Coleman can pursue his case through the federal courts.  —  Cornyn, the chairman of the National Republican Senatorial Committee …
RELATED:
Matt Corley / Think Progress:
Cornyn: GOP Prepared To Fight ‘World War III’ …
Discussion: Wonkette
Glenn Thrush / The Politico:
Murtha's defense of earmark gobbling  —  But it was this line that caught our eye:
RELATED:
Jennifer Haberkorn / Washington Times:
EXCLUSIVE: AIG chiefs pressed to donate to Dodd  —  $160,000 streamed in as senator gained power on banking committee  —  As Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues …
Susan Saulny / New York Times:
Banks Starting to Walk Away on Foreclosures  —  SOUTH BEND, Ind. — Mercy James thought she had lost her rental property here to foreclosure.  A date for a sheriff's sale had been set, and notices about the foreclosure process were piling up in her mailbox.
David Horowitz / Front Page Magazine:
Obama Derangement Syndrome  —  I have been watching an interesting phenomenon on the Right, which is beginning to cause me concern.  I am referring to the over-the-top hysteria in response to the first months in office of our new president, which distinctly reminds me of the “Bush Is Hitler” crowd on the Left.
Discussion: pw and Little Green Footballs
Erica Orden / New York Magazine:
Home Decorating With the Obamas  —  At a time when people are having trouble holding on to their houses, Barack and Michelle Obama have sensibly decided not to use taxpayers' money to renovate theirs.  New presidents are allotted $100,000 to overhaul the White House residence and the Oval Office …
Myglesias / Matthew Yglesias:
Should My Blog Word Count Be Restricted?  —  The other day I was musing about the possibility of a 95 percent tax on earnings over $10 million, which prompted this piece of correspondence from reader J: … Personally, I would love a legal cap on the number of words a blogger is allowed to produce per day.
David Dayen / Washington Monthly:
IF IT'S SUNDAY, IT'S JOHN MCCAIN.... John McCain appeared on Meet the Press this Sunday, and while the content was unremarkable, a little portion at the end was pretty revealing. … David Gregory was making a joke.  And yet there's still much to this that's remarkable.
Washington Post:
House Approves Early-Voting Bill, Ban on Chemical in Baby Bottles  —  The Maryland House of Delegates advanced bills yesterday to overhaul the state's voting machinery and procedures, ban a potentially dangerous chemical from plastic baby bottles and increase slot machine proceeds …
Discussion: The Agitator
Christopher Hitchens / Vanity Fair:
The Swastika and the Cedar  —  In newly liberated Lebanon, the signposts on “the Arab street” point in opposite directions.  The author's experiences—he was buoyed by a huge rally for democracy in downtown Beirut, then beaten up by Fascist bullies—show how much this diverse society offers hope …
Discussion: Gawker and Michael J. Totten
 
 
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 More Items: 
Megan McArdle / The Atlantic Business Channel:
Whither GM?
Tim Johnson / China Rises:
A disputed video from Tibet
Dan Froomkin / White House Watch:
Bush's Torture Rationale Debunked
Mark Blumenthal / Pollster.com:
What Happened in NH? AAPOR's Answer
dawn.com:
Terrorists overpowered in Manawan attack, 13 killed
Chris Cillizza / The Fix:
NY-20: Democrat Closes with Palin, Limbaugh
Discussion: TIME.com and Albany Times Union
David Weigel / The Washington Independent:
British Media Rumors Catch Drudge's Eye, Liberal Ire
Discussion: The Daily Dish and ATTACKERMAN
Adele Stan / The Huffington Post:
O'Reilly and Barbara Walters: A Very Limited View
 Earlier Items: 
Ambrose Evans-Pritchard / Telegraph:
Russia backs return to Gold Standard to solve financial crisis
Discussion: At-Largely
Simon Johnson / The Baseline Scenario:
Obama Against The Odds  —  The G20 summit is headed for disaster.
Jim Rutenberg / New York Times:
Navy Secretary Nominee Drew Notice Over Divorce
Discussion: ATTACKERMAN
Josh Marshall / Talking Points Memo:
Frightful Kindle  —  Until quite recently, I'd seen a Kindle only once.
Discussion: The Moderate Voice
 

 
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

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

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

 
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