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10:35 AM ET, March 31, 2009

memeorandum

 Top Items: 
David Brooks / New York Times:
Car Dealer in Chief  —  Some companies are in the steel business, some are in the cookie business, but General Motors is in the restructuring business.  For 30 years, G.M. has been restructuring itself toward long-term viability.  —  For all these years, G.M.'s market share has endured a long, steady slide.
RELATED:
The Hill:
President Obama's auto plan throws lawmakers  —  President Obama's new ultimatum to U.S. auto manufacturers threw Capitol Hill into turmoil Monday as lawmakers worried about the effects the plans could have on their districts.  —  Michigan's senior Democratic senator, Carl Levin …
Greg Gordon / McClatchy Washington Bureau:
Wagoner's pension secure as GM's workers could be hit
Discussion: The Mahablog and Prairie Weather
Tomoeh Murakami Tse / Washington Post:
Hard Line on Auto Aid Puts Bailed-Out Firms on Notice
Discussion: Time and TIME.com
Washington Post:
Most Americans Don't Blame Obama for Economy, Poll Finds  —  The number of Americans who believe that the nation is headed in the right direction has roughly tripled since Barack Obama's election, and the public overwhelmingly blames the excesses of the financial industry, rather than the new president …
RELATED:
Alan Elsner / Reuters:
U.S. voters don't blame Obama for economy
Discussion: Associated Press and Donklephant
Bloomberg:
Financial Rescue Approaches GDP as U.S. Pledges $12.8 Trillion  —  The U.S. government and the Federal Reserve have spent, lent or guaranteed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s.
RELATED:
Bloomberg:   Fed Takes Lead Role in Executing ‘Stress Tests’ of U.S. Banks
Drudge Report:
NANNY STATE: GOVERNMENT WEBSITE TO WARN OF SADNESS/CRYING OVER ECONOMY  —  The U.S. government is set to offer an online emotional rescue kit!  —  “Getting Through Tough Economic Times” will launch Tuesday with a media push across all platforms.  —  The site is meant to help people identify …
RELATED:
Reuters:
U.S. website offers emotional rescue from economy  —  WASHINGTON (Reuters) - Stressed out by the economy?  The U.S. government is offering an online emotional rescue kit.  —  The “Getting Through Tough Economic Times” guide at www.samhsa.gov/economy/ is meant to help people identify …
Discussion: Michelle Malkin and The Raw Story
James Besser / JW Political Insider:
Bashing J Street  —  Follow the Jewish Week on Twitter!  Click here to start.  And we're on Facebook; become a fan today.  —  What is about J Street, the pro-peace process lobby and political action committee, that has the leaders of major Jewish groups in such a snit?
RELATED:
Ezra Klein / American Prospect:
WHY IS AIPAC SO AFRAID OF J STREET?
David Henderson / EconLog:
Obama Throws the F-Bomb  —  No, not that one; I wish.  President Obama has done something far more serious.  He has already, in less than 100 days, moved the U.S. economy further towards fascism.  Sean Hannity and other critics keep criticizing Obama for his socialist leanings.
Discussion: Swords Crossed
RELATED:
Megan McArdle:
Just say no to F-Bombs  —  As in, using the word “fascist” …
Discussion: Outside The Beltway
Michael P. Tremoglie / thebulletin.us:
‘New York Times’ Spiked Obama Donor Story  —  Congressional Testimony: ‘Game-Changer’ Article Would Have Connected Campaign With ACORN  —  A lawyer involved with legal action against Association of Community Organizations for Reform Now (ACORN) told a House Judiciary subcommittee on March 19 …
RELATED:
MataHarley / Flopping Aces:
NY Times deliberately killed ACORN-Obama stories to thwart “game changer”
Discussion: RedState
Pamela Constable / Washington Post:
Insurgent Threat Shifts From Border to Heartland in Pakistan  —  Assault on Police Academy Indicates Risk Has Moved Beyond Tribal Areas  —  The brazen occupation of a Pakistani police academy Monday by heavily armed gunmen near the eastern mega-city of Lahore was the latest indication …
Discussion: The New Republic and MSNBC
RELATED:
Lois Romano / Washington Post:
Michelle's Image: From Off-Putting To Spot-On  —  At first, they didn't like the way she was talking about her husband's dirty socks.  Then, they said she always looked angry.  Later, they questioned her patriotism when she commented that she only recently became proud of her country.
Discussion: TIME.com
Jerome Starkey / The Independent:
Afghan leader accused of bid to ‘legalise rape’  —  UN and women MPs say Karzai bowed to Islamic fundamentalists before poll  —  Afghanistan's President, Hamid Karzai, has signed a law which “legalises” rape, women's groups and the United Nations warn.  Critics claim the president helped rush …
Discussion: Dinah Lord
Associated Press:
Calif. IRS agent admits cheating on his own taxes  —  SANTA ANA, Calif. (AP) - An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.  —  In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) …
Discussion: Don Surber
Josh Kraushaar / The Politico:
Party leaders stressed about Dodd  —  Interviews with a dozen Democratic state legislators, party officials and operatives in Connecticut indicate there is deep concern back home over whether the incendiary American International Group bonuses issue has delivered a mortal blow to Sen. Chris Dodd …
David E. Sanger / New York Times:
For U.S. and Carmakers, a Path Strewn With Pitfalls  —  As an assertion of government control over a huge swath of the industrial landscape, President Obama's decision to reshape the automobile industry has few precedents.  —  In essentially taking command of General Motors and telling Chrysler …
Discussion: Washington Monthly
Los Angeles Times:
Obama takes step over the line that separates government from private industry  —  His automaker bailout plan wades into ‘industrial policy,’ in which government officials, not business executives or the free market, decide what products a firm makes and how it charts its future.
Discussion: The Swamp
Dmitry A. Medvedev / Washington Post:
Building Russian-U.S. Bonds  —  MOSCOW — It is hard to dispute the pessimistic assessments of the Russian-American relationship that prevailed at the end of last year.  Unfortunately, relations soured because of the previous U.S. administration's plans — specifically …
Discussion: TIME.com
The Politico:
Detroit plan has GOP all over the map  —  President Barack Obama may or may not be able to save the U.S. auto industry, but his dramatic restricting plan is already having some effect: It's sent the highly disciplined GOP message machine careening out of control.
Rasmussen Reports:
War on Terror Update  —  Confidence in War on Terror Drops Under 50%  —  The number of voters who say the United States and its allies are winning the War on Terror dropped five percentage points over the past two weeks to 46%.  —  The latest Rasmussen Reports national telephone survey found …
 
 
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 More Items: 
Arnold Kling / EconLog:
A Useful Narrative of the Crisis
Discussion: Outside The Beltway
Ashley Broughton / CNN:
Aging Manson ‘family’ longs for freedom
Discussion: TalkLeft
Monique / HotMES:
Does this skirt make me look fat?
Perry Bacon Jr / Washington Post:
Ex-Commerce Nominee Now Top Budget Critic
 Earlier Items: 
Justin Lahart / Wall Street Journal:
How a Modern Depression Might Look — If the U.S. Gets There
Discussion: The New Republic
Michael Osinski / New York Magazine:
My Manhattan Project  —  How I helped build the bomb that blew up Wall Street.
Bridget Johnson / The Hill:
Experts: Obama needs to watch the gaffes
Discussion: The Sundries Shack
 

 
From Mediagazer:

Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024

 
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