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10:50 AM ET, March 18, 2008

memeorandum

 Top Items: 
Andrew Sullivan / The Daily Dish:
The Testing Of Obama  —  Today will be a crucial day.  It will be a day when we will discover if America's racial environment - and the emotions and feelings and anger and fears that it entails - can allow for a black man - with all that entails - to become president.
RELATED:
The Politico:
Race uproar offers test for Obama  —  Democrats who worry that Barack Obama is untested can put their concerns to rest.  —  The inflammatory rhetoric of the Rev. Jeremiah Wright has confronted Obama with the most severe test of his presidential campaign and, quite likely, of his public career.
Shelby Steele / Wall Street Journal:
The Obama Bargain  —  Geraldine Ferraro may have had sinister motives when she said that Barack Obama would not be “in his position” as a frontrunner but for his race.  Possibly she was acting as Hillary Clinton's surrogate.  Or maybe she was simply befuddled by this new reality …
Drudge Report:
OBAMA SPEECH IN FULL: A MORE PERFECT UNION  —  “We the people, in order to form a more perfect union.”  —  Two hundred and twenty one years ago, in a hall that still stands across the street, a group of men gathered and, with these simple words, launched America's improbable experiment in democracy.
Press Association:
On Defensive, Obama Plans Talk on Race  —  Faced with what his advisers acknowledged was a major test to his candidacy, Senator Barack Obama sought on Monday to contain the damage from incendiary comments made by his pastor and prepared to address the issue of race more directly than at any other moment of his presidential campaign.
Byron York / The Corner:
All The News That's Fit...  Greetings from the train to Philadelphia, where Barack Obama will give his big speech this morning.  In advance of the speech, the Jeremiah Wright story finally got big-time coverage in the Washington Post, with a front-page story headlined “Congregation Defends Obama's Ex-Pastor.”
Ross Douthat:
Obama's Speech  —  Barack Obama's long association with the Reverend Jeremiah Wright isn't significant because it suggests that Obama shares Wright's more controversial views; I have no doubt that he does not.  It's significant because it undercuts an important aspect of Obama's promise as a politician …
Discussion: Eunomia
Tom Raum / Associated Press:
Obama to confront racial issues
Discussion: Redstate and FREEDOM EDEN
Fox News:
Under Pressure, Obama Prepares for Race and Unity Speech
NY Daily News:
Gov. Paterson admits to sex with other woman for years  —  The thunderous applause was still ringing in his ears when the state's new governor, David Paterson, told the Daily News that he and his wife had extramarital affairs.  —  In a stunning revelation, both Paterson, 53, and his wife …
RELATED:
New York Post:   STATE OF AFFAIRS  —  NEW GOV DAVE & WIFE CHEATED ON EACH OTHER
E. J. Dionne Jr / Washington Post:
The Street on Welfare  —  Never do I want to hear again from my conservative friends about how brilliant capitalists are, how much they deserve their seven-figure salaries and how government should keep its hands off the private economy.  —  The Wall Street titans have turned into a bunch of welfare clients.
Discussion: Firedoglake
RELATED:
Alan S. Blinder / Washington Post:
The Fed Can't Do It Alone  —  Psychology has now overwhelmed economics.  What started last summer as a serious problem in a little-known — but not so little — corner of the U.S. mortgage market has blossomed into a worldwide financial panic, the sort we read about in history books.
Discussion: Economist's View
Washington Post:
Wall Street Crisis Forces Candidates to Shift Their Focus
Vikas Bajaj / New York Times:
Plunge Averted, Markets Look Ahead Uneasily
Discussion: The Huffington Post
Steven Lee Myers / New York Times:
Bush Backs Fed's Actions, but Critics Quickly Find Fault
Discussion: BAGnewsNotes and The Caucus
Randy E. Barnett / Wall Street Journal:
Gun-Rights Showdown  —  Today, the Supreme Court will hear oral arguments in the case of Heller v. District of Columbia, a suit brought by several D.C. citizens contending that the ban on the possession of operable firearms inside one's home violates the Second Amendment.
RELATED:
Bill Mears / CNN:
Court decision on gun-control is personal for 2 women
Discussion: NewsBusters.org
Adam Liptak / New York Times:
A False Claim of Valor and a Cry of Free Speech
Discussion: Law Blog
Beth Fouhy / Associated Press:
Bill Clinton rejects criticism over race  —  NEW YORK - Former President Clinton on Monday called the notion that he unfairly criticized his wife's rival, Barack Obama, “a total myth and a mugging.”  Clinton had compared Obama's landslide victory in South Carolina's Jan. 26 primary to Jesse Jackson's wins in the state in 1984 and 1988.
Discussion: Cliff Schecter
RELATED:
ABCNEWS:
Clinton Sticking to Iraq Plan, No Matter What
Discussion: Fact Checker and The Strata-Sphere
Julie Bosman / New York Times:   Bill Clinton Says Critics Distorted Remarks About Obama
Adam Nagourney / Press Association:   Anniversary Highlights Iraq War's Role in Campaign
Roger Simon / The Politico:
Obama camp: HRC is taking the low road  —  Is it possible to win the Democratic nomination in such a way as to make winning not worth it?  —  The Barack Obama campaign thinks so.  It thinks Hillary Clinton's campaign is willing to take any road to the White House, including the low road.
Frank Newport / Gallup:
McCain's 67% Favorable Rating His Highest in Eight Years  —  Obama has a 62% favorable rating, while Clinton's is 53%  —  PRINCETON, NJ — John McCain's 67% favorable rating is the highest of any of the three major candidates running for president, and ties for his highest in Gallup polling history.
Discussion: Hot Air and Real Clear Politics
John M. Broder / New York Times:
Florida Democrats Won't Vote Again, Official Says  —  WASHINGTON — The Florida Democratic Party chairwoman on Monday officially buried the possibility of redoing the state's disputed January presidential primary, saying there was no practical or affordable way to conduct a new election.
Fareed Zakaria / Newsweek:
Stuck in the Iraq Loop  —  We have achieved some security in Iraq.  But we have not built a sustainable security architecture. … There is a paradox in the current situation in Iraq.  We are told that the surge has worked brilliantly and violence is way down.
RELATED:
Waleed Ibrahim / Reuters:   Iraq reconciliation meeting off to shaky start
New York Times:
U.S. Adapts Cold-War Idea to Fight Terrorists  —  WASHINGTON — In the days immediately after the attacks of Sept. 11, 2001, members of President Bush's war cabinet declared that it would be impossible to deter the most fervent extremists from carrying out even more deadly terrorist missions with biological, chemical or nuclear weapons.
Discussion: Daniel W. Drezner and TigerHawk
 
 
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 More Items: 
Jane Macartney / Times of London:
1,000 Tibetans arrested in Chinese crackdown
Chris Weigant / The Huffington Post:
Edwards' Endorsement Of Clinton Imminent?
Real Clear Politics:
Clinton's Iraq Speech at GWU
Alex Tabarrok / New York Times:
Home Sweet Investment
Khaled Abu Toameh / Jerusalem Post:
PA urges Palestinians to ‘return’
Discussion: Power Line and Atlas Shrugs
 Earlier Items: 
Tom Bevan / Real Clear Politics:
Wright on Black Caucus Weekend
Jan Crawford / Legalities:
Dirty Words  —  Holy @$#%!  Here's a surprise: The Supreme Court …
Christopher Hitchens / Slate:
How Did I Get Iraq Wrong?
Media Matters for America:
Fox & Friends ' Kilmeade baselessly claimed Newsmax contributor …
Discussion: Ross Douthat and Whiskey Fire
Forbes:
Memo To The Fed: Stop Those Rate Cuts