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3:15 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.
Michelle Malkin:
Here we go again; Update: The auto repairman-in-chief speaks  —  Scroll for updates...  Photoshop credit: George of Elegant Memories  —  The Obama administration is swaggering over its firing of GM CEO Richard Wagoner and its demand for more restructuring concessions from GM and Chrysler before they dole out more money.
Susie Madrak / Crooks and Liars:
Obama Says No to More Auto Industry Bailout Money
Discussion: Bloomberg
New York Times:
Obama Issues Ultimatum to Carmakers
Discussion: TalkLeft and Daily Kos
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 …
RELATED:
Howard Kurtz / Washington Post:
Online, Vox Populi Can Roar
Marisa Guthrie / Broadcasting & Cable:
O'Reilly: We Want Obama to Succeed
Discussion: Think Progress and The Plum Line
Henry Blodget / Clusterstock:
Rick Wagoner Goes But Ken Lewis Stays?  —  We agree that GM CEO Rick Wagoner should have been sacked.  He had eight years to turn General Motors around.  Instead, he presided over a collapse of market share, stock price, and, ultimately, a 100-year old organization.
Discussion: TPMDC and Talking Points Memo
RELATED:
media.gm.com:
GM Message From Rick Wagoner
Discussion: The Swamp, TIME.com and Financial Times
Elana Schor / TPMDC:
The Double-Standard Question Haunting Today's Detroit Announcement
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
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 …
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:
David Kurtz / Talking Points Memo:
Buy High, Sell Low
Discussion: Raw Story
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 …
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
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
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 …
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 …
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.
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.
Dennis B. Roddy / Pittsburgh Post-Gazette:
Critics claim John Murtha is capitalizing on a corrupt system, but he's not apologizing  —  JOHNSTOWN, Pa. — This city once had a steel-based economy and critics now say it has a John Murtha-based economy but, in what used to be the 11-inch rolling mill of Bethlehem Steel, nobody's apologizing.
Discussion: Glenn Thrush's Blog and TIME.com
Simon Johnson / The Baseline Scenario:
Obama Against The Odds  —  The G20 summit is headed for disaster.  The Europeans have circled their wagons and determined that no sensible policy proposal shall pass.  The background briefings indicate (a) the US has given up on global fiscal stimulus ("declare victory and retreat" …
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.
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.
Ambrose Evans-Pritchard / Telegraph:
Russia backs return to Gold Standard to solve financial crisis  —  Russia has become the first major country to call for a partial restoration of the Gold Standard to uphold discipline in the world financial system.  —  Arkady Dvorkevich, the Kremlin's chief economic adviser …
Discussion: At-Largely
Chris Cillizza / The Fix:
White House Cheat Sheet: Obama Plays Hardball on Autos  —  The Obama administration's ouster of General Motors Chairman Richard Wagoner coupled with its decision to reject viability plans offered by GM and Chrysler represent a hard line stance toward dedicating government resources to a pillar of the American economy.
Chris Cillizza / The Fix:
NY-20: Democrat Closes with Palin, Limbaugh  —  In the closing hours of the special election in New York's 20th district, Democrat Scott Murphy is doing everything he can to nationalize the race around some of the more controversial figures in the Republican Party.
Discussion: TIME.com and Albany Times Union
 
 
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 More Items: 
Boston Globe:
Success and security in Afghanistan
Discussion: The Huffington Post
Mark Bowden / Vanity Fair:
The Inheritance  —  With a doomsday clock ticking for newspapers …
dawn.com:
Terrorists overpowered in Manawan attack, 13 killed
The Politico:
Dems fear defections in PMA probe
 Earlier Items: 
David Weigel / The Washington Independent:
British Media Rumors Catch Drudge's Eye, Liberal Ire
Adele Stan / The Huffington Post:
O'Reilly and Barbara Walters: A Very Limited View
Jim Rutenberg / New York Times:
Navy Secretary Nominee Drew Notice Over Divorce
Discussion: ATTACKERMAN
CNN:
Image shows North Korea rocket on launch pad
Discussion: Danger Room
David Carr / New York Times:
Cable News Stokes Political Fever