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6:25 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:
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.
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.
Victor Davis Hanson / The Corner:
First-person Socialism  —  I think our president needs to invest …
Discussion: TigerHawk
Susie Madrak / Crooks and Liars:
Obama Says No to More Auto Industry Bailout Money
Discussion: Bloomberg
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.
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
Discussion: EconLog
Elana Schor / TPMDC:
The Double-Standard Question Haunting Today's Detroit Announcement
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.
Glenn Thrush / The Politico:
Murtha's defense of earmark gobbling  —  But it was this line that caught our eye:
Discussion: Reason
RELATED:
New York Times:
Fox News's Mad, Apocalyptic, Tearful Rising Star  —  “You are not alone,” Glenn Beck likes to say.  For the disaffected and aggrieved Americans of the Obama era, he could not have picked a better rallying cry.  —  Mr. Beck, an early-evening host on the Fox News Channel …
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 …
The Daily Politics:
20th CD, La Deluge  —  Even as Jim Tedisco plans an all-night sprint of campaigning leading up to tomorrow's 20th CD special election, Republicans are privately lowering expectations and rather gloomily suggesting that this could be the beginning of the end for them in New York.  Again.
Discussion: the albany project
RELATED:
Chris Cillizza / The Fix:
NY-20: Democrat Closes with Palin, Limbaugh
Discussion: TIME.com
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.
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:
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: Open Congress
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 …
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
Frank Newport / Gallup:
Americans Divided on Treasury Secretary Geithner  —  Democrats approve; Republicans disapprove  —  PRINCETON, NJ — Americans are split essentially down the middle when asked to assess the job Tim Geithner is doing as Treasury secretary: 42% say they approve, 40% disapprove, and 18% have no opinion.
Discussion: Washington Wire, MyDD and CapitalBeat
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 …
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
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.
Discussion: Outside The Beltway
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.
Mark Blumenthal / Pollster.com:
What Happened in NH?  AAPOR's Answer  —  Most political junkies remember two things about last year's New Hampshire primary.  First, Hillary Clinton's surprising three point win and the fact that the pollsters were the “biggest losers” as the final round off of pre-election polls had shown Barack Obama surging ahead.
Robert D. Kaplan / The Atlantic Online:
India's New Face  —  IF THE SPIRIT of modern India has a geographic heartland it is Gujarat, the northwestern state bordering Sindh, in Pakistan.  Mohandas Karamchand Gandhi, the mahatma—Sanskrit for “great soul”—was a Gujarati, born in Porbandar, on the Arabian Sea, in 1869.
Discussion: Townhall.com
Jeremy P. Jacobs / The Hill's Blog Briefing Room:
Bush to throw out first pitch on Opening Day  —  Former President George W. Bush will throw the ceremonial first pitch at the Texas Rangers' first game of the season at the Ballpark in Arlington on April 6.  —  Bush will be the third president to throw out the Rangers' Opening Day first pitch …
Discussion: TIME.com
Myglesias / Matthew Yglesias:
The Rich Uncle Argument  —  Back at the beginning of the month, I recounted an odd incident from a Kaufman Foundation conference that I'd attended: … Crazy.  I didn't think this would go anywhere.  But today I read my Ed Kilgore: … As Ed says, the argument is that …
Tyler Durden / Zero Hedge:
Exclusive: AIG Was Responsible For The Banks' January & February Profitability  —  Zero Hedge is rarely speechless, but after receiving this email from a correlation desk trader, we simply had to hold a moment of silence for the phenomenal scam that continues unabated in the financial markets …
 
 
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 More Items: 
Juliet Eilperin / Washington Post:
New Administration Reversing Course on Many Environmental Policies
Discussion: Washington Monthly
J.G. Thayer / Commentary:
Don Barack  —  When the Godfather helps you out, you owe the Godfather.
Michelle Malkin:
Tea Party progress report
Daniel Larison / Eunomia:
Limitless Costs Of Perpetual War
Discussion: The Daily Dish
Errol Morris / New York Times:
Whose Father Was He? (Part One)
Michelle Malkin:
Another day, another troop smear
Discussion: Stop The ACLU
 Earlier Items: 
Megan McArdle / The Atlantic Business Channel:
Whither GM?
Washington Post:
House Approves Early-Voting Bill, Ban on Chemical in Baby Bottles
David Weigel / The Washington Independent:
British Media Rumors Catch Drudge's Eye, Liberal Ire
Discussion: The Daily Dish
Josh Marshall / Talking Points Memo:
Frightful Kindle  —  Until quite recently, I'd seen a Kindle only once.
 

 
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

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

 
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