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11:25 AM ET, January 22, 2008

memeorandum

 Top Items: 
John Edwards / CNN:
Clinton, Edwards hold private post-debate meeting  —  MYRTLE BEACH, South Carolina (CNN) — What were they talking about?  —  Hillary Clinton and John Edwards met privately backstage following a very contentious Democratic presidential debate in this coastal city, sources with both campaigns confirm to CNN.
Discussion: Shakespeare's Sister
RELATED:
The Politico:
The Clinton-Obama exchange  —  CNN is providing transcript, and the full transcript of their first exchange is after the jump.  —  It began with this line from Obama, on his taxing and spending plans: “What she said wasn't true."  —  MODERATOR: She says that the new programs that she proposes she essentially
CNN:
Analysis: Sparks fly in heated debate
Walter Shapiro / Salon:
The knives come out in South Carolina
Discussion: QandO and Prairie Weather
Board of Governors of the Federal Reserve System:
For immediate release  —  The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3-1/2 percent.  —  The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth.
RELATED:
New York Times:
Fed Makes Emergency 0.75% Rate Cut  —  The Federal Reserve, responding to an international stock sell-off and the likelihood of a sharp drop in America on Tuesday morning, cut its benchmark interest rate by three-quarters of a percentage point.  —  The Federal Open Market Committee lowered …
New York Times:
Fed Cuts Rate 0.75% but Dow Drops  —  The Federal Reserve, responding to an international stock sell-off and fears about a possible United States recession, cut its benchmark interest rate by three-quarters of a percentage point on Tuesday.  —  The Federal Open Market Committee lowered …
Discussion: NO QUARTER
David Brooks / New York Times:
The Voters Revolt  —  The Reagan administration had its pragmatists and its so-called ideologues.  It had James Baker as well as Ed Meese.  Reagan carried moderate states like Connecticut, Wisconsin and Washington, as well as conservative ones like Wyoming and South Carolina.
RELATED:
E. J. Dionne Jr / Washington Post:
Crunch Time for McCain  —  John McCain is feared by Democrats and liked by independents.  That, paradoxically, is why he may yet be rejected by Republicans, even though he has bent over backward to satisfy conservative demands.  —  McCain exorcised the ghosts of South Carolina on Saturday …
Matthew Yglesias:
Someone Didn't Get The Word  —  Fareed Zakaria: … Ah, those sad, sad, Democrats.  So unaware that the war's over.  The dude who killed at least fourteen and wounded seventeen in Tikrit must, like the Democrats, have been wearing partisan blinders when he failed to acknowledge the surge's success in bringing the war to an end.
RELATED:
Stephen Farrell / New York Times:
Hopes for Vehicle Questioned After Iraq Blast  —  ARAB JABOUR, Iraq — From the blast and the high, thin plume of white smoke above the tree line, it looked and sounded like any other attack.  The bare details were, sadly, routine enough: a gunner was killed and three crew members …
Adam Nagourney / New York Times:
Remarks on Reagan Live On  —  In one of their starkest differences in Monday's debate, Senator Hillary Rodham Clinton said that Senator Barack Obama had talked about “admiring Ronald Reagan” and that Mr. Obama “said in the last week that he really liked the ideas of the Republicans over the last 10 …
RELATED:
Eugene Robinson / Washington Post:
What's Gotten Into Bill?
Ben Smith / The Politico:
Clinton plan: Let Bill lash out
Ian Traynor / Guardian:
Pre-emptive nuclear strike ‘an option’  —  The west must be ready to resort to a pre-emptive nuclear attack to try to halt the “imminent” spread of nuclear and other weapons of mass destruction, according to a radical manifesto for a new Nato by five of the west's most senior military officers and strategists.
Manu Raju / The Hill:
Attorneys probe deepens  —  The federal investigation into the firing of nine U.S. attorneys could jolt the political landscape ahead of the November elections, according to several people close to the inquiry.  —  Washington's attention has been diverted from the scandal since …
Discussion: Emptywheel and Balkinization
John R. Emshwiller / Wall Street Journal:
Bill Clinton May Get Payout of $20 Million  —  Former President Clinton stands to reap around $20 million — and will sever a politically sensitive partnership tie to Dubai — by ending his high-profile business relationship with the investment firm of billionaire friend Ron Burkle.
Discussion: Jezebel
Confederate Yankee:
Scott Thomas Beauchamp's “Shock Troops” Statements  —  After the article “Shock Troops” in The New Republic had been challenged by critics , a documentary filmmaker/blogger by the name of JD Johannes narrowed down the search of the author to Alpha Company, 1-18 Infantry, Second Brigade Combat Team, First Infantry Division on July21.
Larry Kudlow / The Corner:
Take Charge, Central Bankers  —  There's a global stock market tsunami gathering force.  It may hit U.S. shores very hard this morning.  —  Much of this is panic over a U.S. recession threat that has yet to clearly materialize.  The world sell-off also vastly overestimates loan …
Discussion: Biased BBC
 
 
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 More Items: 
The Campaign Spot:
Fred Out of Thursday's Debate; Doesn't Plan on Endorsing
Discussion: Hot Air and race42008.com
Los Angeles Times:
Abortion's battle of messages
Discussion: NewsBusters.org
Washington Post:
White House Has No Comprehensive E-Mail Archive
The Prowler / American Spectator:
Huckabee Broke  —  Less than a month after a huge upset victory …
Discussion: Hot Air and race42008.com
Gateway Pundit:
Miss Utah “GI Jill” Stevens Needs Your Help
Discussion: Maggie's Farm
Examiner:
Tax cuts are the best stimulus
Discussion: Don Surber
New York Times:
Weapons Trove Suspect Is Linked to Hate Crimes
Discussion: michellemalkin.com and unfutz
Hindrocket / Power Line:
A RELATIVELY SCIENTIFIC EXPERIMENT
 Earlier Items: 
New York Times:
Romney Waxes Lyrical at a Holiday Parade in Florida
Robert Pear / New York Times:
Earmarks Likely to Continue, but With Details
Fox News:
Iran Warns Netherlands Not to Air Controversial ‘Anti-Muslim’ Film
Al Giordano / The Field:
Nevada: What Really Happened at the At-Large Caucuses?
New York Times:
The Democratic Debate in South Carolina