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11:50 AM ET, April 29, 2009

memeorandum

 Top Items: 
Olympia Snowe / New York Times:
We Didn't Have to Lose Arlen Specter  —  IT is disheartening and disconcerting, at the very least, that here we are today — almost exactly eight years after Senator Jim Jeffords left the Republican Party — witnessing the departure of my good friend and fellow moderate Republican …
RELATED:
Alexander Bolton / The Hill:
Defection reshapes Senate
William A. Jacobson / Le·gal In·sur·rec· tion:
Relax, The Dems Will Screw Up
Discussion: The Rhetorican
New York Times:
Specter Joins Democrats; Senate Count May Reach 60
CNBC.com:
GDP Down 6.1%, Reflecting Continuing Economic Woes  —  The U.S. economy contracted at a surprisingly sharp 6.1 percent rate in the first quarter as exports and business inventories plummeted.  —  The drop in gross domestic product, reported by the Commerce Department on Wednesday …
RELATED:
U.S. Bureau of Economic Analysis:
GROSS DOMESTIC PRODUCT: FIRST QUARTER 2009 (ADVANCE)  —  Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 6.1 percent in the first quarter of 2009, (that is, from the fourth quarter …
Jack Healy / New York Times:
U.S. Economy in 2nd Straight Quarter of Steep Decline  —  The American economy shrank rapidly in the first three months of the year, the government reported on Wednesday, a signal that the economy is likely to remain a dominant issue as the Obama administration looks beyond its first 100 days.
Jeff Bater / Wall Street Journal:
U.S. Economy Shrank at 6.1% Rate in First Quarter  —  WASHINGTON — The slumping U.S. economy barely improved early this year, with businesses slashing spending and inventories, according to a surprising report indicating the recession didn't ease as much as expected.
Jeannine Aversa / Associated Press:
Economy shrinks at 6.1 percent pace in 1Q  —  Economy shrinks at worse-than-expected 6.1 percent pace in first quarter  — General Motors Corporation - , Heidrick & Struggles International Inc. - , Lockheed Martin Corporation  —  WASHINGTON (AP) — The economy shrank at a worse …
Discussion: Don Surber
RELATED:
Lauran Neergaard / Associated Press:
First US swine flu death, spread deepens in Europe
CNN:
First swine flu death in U.S. reported
Discussion: Donklephant and Gateway Pundit
Simon Jenkins / Guardian:
Swine flu? A panic stoked in order to posture and spend
Discussion: Harry's Place
David P. Fidler / asil.org:
ASIL Insights  —  The Swine Flu Outbreak and International Law
Discussion: SF Appeal
Michelle Malkin:
100 Days of the Poser Presidency  —  My syndicated column commemorates Barack Obama's 100 days with the Scare Force One story as a take-off point.  Imagine if this fiasco had happened under George Bush's watch.  It would have made the Left's incessant carping over the “fake plastic turkey …
RELATED:
Fausta / Fausta's Blog:   Priceless  —  1.8 hours of flying two F-16 jets over Manhattan: $28,178
Myglesias / Matthew Yglesias:
DeMint: Republicans Losing Because of “Forced Unionization”  —  When a party does badly in a couple of elections in a row and winds up losing a ton of seats, the natural consequence is to end up more concentrated in its regional base of support.  The Republicans did poorly in 2006 …
Discussion: The New Republic
RELATED:
Peter Hamby / CNN:
Specter defection highlights GOP divide in South Carolina
Discussion: TPMDC
New York Times:
Obama's Stand in Auto Crisis Shows Early Resolve  —  WASHINGTON — By the time he sat down in the Oval Office to brief Michigan's Congressional delegation, President Obama had made up his mind.  Days earlier, he had decided to oust the head of General Motors and give it and Chrysler weeks to fix themselves.
RELATED:
Wall Street Journal:
The Truth About Cars and Trucks
Discussion: Betsy's Page
Neil A. Lewis / New York Times:
Official Defends Signing Interrogation Memos  —  WASHINGTON — Judge Jay S. Bybee broke his silence on Tuesday and defended the conclusions of legal memorandums he had signed as a Bush administration lawyer that allowed use of several coercive interrogation practices on suspected terrorists.
Bloomberg:
Fed Is Said to Seek Capital for at Least Six Banks  —  At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said.  —  While some of the lenders may need extra cash injections from the government …
RELATED:
Wall Street Journal:
Citi Seeks Approval to Pay Out Bonuses
Discussion: Hot Air and Clusterstock
Ralph Z. Hallow / Washington Times:
EXCLUSIVE: RNC's Steele may lose purse strings  —  A battle over control of the party's purse strings has erupted at the troubled Republican National Committee, with defenders of Chairman Michael S. Steele accusing dissident RNC members of trying to “embarrass and neuter” the party's new leader.
Dexter Filkins / New York Times:
U.S. Sets Fight in the Poppies to Halt Taliban Cash Flow  —  ZANGABAD, Afghanistan — American commanders are planning to cut off the Taliban's main source of money, the country's multimillion-dollar opium crop, by pouring thousands of troops into the three provinces that bankroll much of the group's operations.
Timothy P. Carney / www.washingtonexaminer.com:
Former Barney Frank staffer now top Goldman Sachs lobbyist  —  Goldman Sachs' new top lobbyist was recently the top staffer to Rep. Barney Frank, D-Mass., on the House Financial Services Committee chaired by Frank.  Michael Paese, a registered lobbyist for the Securities Industries …
Thomas L. Friedman / New York Times:
A Torturous Compromise  —  Weighing everything, President Obama got it about as right as one could when he decided to ban the use of torture, to release the Bush torture memos for public scrutiny and to not prosecute the lawyers and interrogators who implemented the policy.
 
 
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 More Items: 
David Leonhardt / New York Times:
After the Great Recession  —  On April 14, President Obama gave …
Discussion: The New Republic
Laura Rozen / The Cable:
State of play in the Harman case
Discussion: TPMCafe
The White House:
Congratulations to Emmanuel Saez
 Earlier Items: 
Saskia Scholtes / Financial Times:
Commercial mortgages at risk
Discussion: Clusterstock
Robert Pear / New York Times:
Senate Confirms Kansas Governor as Health Secretary
Charles Lane / Washington Post:
Electric Cars — Not Ready to Roll
 

 
From Mediagazer:

Amanda Meade / Guardian:
News Corp Australia defends use of James Foley beheading images

Nikhil Pahwa / MediaNama:
Thomson Reuters emails Indian digital publisher Medianama: we'll take your articles if you don't tell us not to

Michelle Castillo / Adweek:
HuffPost India launching November 25; won't be overseen by former managing editor Jimmy Soni

 
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