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4:30 PM ET, March 18, 2008

memeorandum

 Top Items: 
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.
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Andrew Sullivan / The Daily Dish:
The Speech  —  Alas, I cannot give a more considered response right now as I have to get on the road.  But I do want to say that this searing, nuanced, gut-wrenching, loyal, and deeply, deeply Christian speech is the most honest speech on race in America in my adult lifetime.
Greg Sargent / TPM Election Central:
Full Text Of Obama's Big Race Speech: A Big Break With Political Precedent  —  We have a full transcript of Obama's big race speech for you after the jump.  He's set to deliver it in Philadelphia within moments.  —  Reading it, you can't escape the fact that in various ways it represents …
Mark Murray / MSNBC:
FIRST THOUGHTS: OBAMA'S BIG SPEECH  —  From Chuck Todd and Mark Murray  —  *** Obama's big speech: The last time a top presidential candidate gave an important speech on a sensitive topic was last December, when Mitt Romney talked about American faith.  His speech drew favorable reviews …
Discussion: MyDD and Trailhead
Charles Murray / The Corner:
Have I missed the competition?  —  I read the various posts here on “The Corner,” mostly pretty ho-hum or critical about Obama's speech.  Then I figured I'd better read the text (I tried to find a video of it, but couldn't).  I've just finished.  Has any other major American politician ever …
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 …
John Derbyshire / The Corner:
Obama's Lies  —  Not so much lies as a sort of slippery sleight-of-mouth.  I'm starting to really dislike Obama. … Segregation was not “the law of the land” in the 1950s.  It was the law in a minority of states. … If, as Obama seems to be claiming, those are the sentiments …
Ben Smith / The Politico:
The speech  —  He hasn't started speaking yet here in Philly, but Drudge just busted the embargo, so I've posted the text after the jump.  —  It's quite a speech: autobiographical, embracing complexity, and answering questions about Wright — whose most offensive words, he says …
Kevin Drum / Washington Monthly:
CHECKING IN WITH THE OTHER SIDE....I thing we can safely assume that Barack Obama's supporters will all swoon over his speech today.  And why not?  It was, as usual for him, a helluva good address: intelligent, sane, sympathetic, and broadly appealing.  He didn't, however …
Marc Ambinder:
Reflections On Obama's Speech
Discussion: Bluey Blog
Jonathan Chait / The New Republic:
The Politics of Obama's Speech
Stanley Kurtz / The Corner:
MoveOn Move In  —  Obama's speech was thoughtful, powerful …
Discussion: TBogg
Pete Abel / The Moderate Voice:   ‘Not This Time’  —  I watched most of Obama's speech live on CNN.com.
The New Republic:   John McWhorter Reviews Obama's Speech
Michael Goldfarb / Weekly Standard Blog:
Obama as Mortal: Blame America
ABCNEWS:
The Note: Black & White Stall
Discussion: MyDD, Blog P.I. and The Swamp
Washington Post:
A McCain Gaffe in Jordan  —  AMMAN, Jordan — Sen. John McCain, traveling in the Middle East to promote his foreign policy expertise, misidentified in remarks Tuesday which broad category of Iraqi extremists are allegedly receiving support from Iran.  —  He said several times that Iran …
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Jim Oliphant / The Swamp:
Supreme Court hears historic gun-ban case  —  In what could be a historic decision, a majority of the Supreme Court Tuesday appeared ready to embrace the view that the Second Amendment creates an individual right to own a gun.  —  While that conclusion alone could elate many gun-rights supporters …
Discussion: New York Times
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Bill Mears / CNN:
Supreme Court hears arguments on gun ownership
Discussion: Law Blog
Board of Governors of the Federal Reserve System:
For immediate release  —  The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to 2-1/4 percent.  —  Recent information indicates that the outlook for economic activity has weakened further.  Growth in consumer spending has slowed and labor markets have softened.
Marc Ambinder:
More On Imminent Death Of Michigan Primary....  This dispatch from the MIRS News Service in Michigan (no link)
RELATED:
WWJ:
Democratic Re-do Likely Won't Happen
Discussion: TPM Election Central and TalkLeft
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.
RELATED:
Frank Newport / Gallup:
Obama Seeks to Bridge Racial Divide Among Democrats
Quinnipiac University:
Clinton Widens Lead Over Obama In Pennsylvania, Quinnipiac University Poll Finds; Momentum Shifts To Her, But Racial Split Grows  —  The momentum in the Pennsylvania Democratic primary battle has shifted back to New York Sen. Hillary Clinton, who now leads Illinois Sen. Barack Obama 53 …
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 More Items: 
Justin Rood / ABCNEWS:
White House E-Mail Battle Heats Up
Dan / Daniel W. Drezner:
THE NEW YORK TIMES GOES VIZZINI ON “DETERRENCE”
Michael Arrington / TechCrunch:
Charlie Rose Face Plants To Save His MacBook Air
 Earlier Items: 
CNN:
Archives to release Clinton's first lady schedules
Discussion: Ben Smith's Blogs
Atrios / Eschaton:
Weep for the Big Guys
Discussion: Matthew Yglesias
E. J. Dionne Jr / Washington Post:
The Street on Welfare  —  Never do I want to hear again …