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8:10 PM ET, February 10, 2009


 Top Items: 
Paul Krugman:
The Rorschach plan (wonkish, or at least hard to read)  —  An old joke from my younger days: What do you get when you cross a Godfather with a deconstructionist?  Someone who makes you an offer you can't understand.  —  I found myself remembering that joke when trying to make sense of the Geithner financial rescue plan.
Martin Wolf / Financial Times:
Why Obama's new Tarp will fail to rescue the banks  —  Has Barack Obama's presidency already failed?  In normal times, this would be a ludicrous question.  But these are not normal times.  They are times of great danger.  Today, the new US administration can disown responsibility for its inheritance; tomorrow, it will own it.
Deborah Solomon / Wall Street Journal:
Market Pans Bank Rescue Plan  —  Treasury Secretary's Announcement Short on Details About Bad Assets, Mortgages  —  WASHINGTON — Treasury Secretary Timothy Geithner promised forceful action to get credit flowing again in the economy, but the lack of detail in his much-anticipated speech helped drive stocks …
Megan McArdle:
I'm from the government, and I'm here to help you
Discussion: Real Time Economics
The Huffington Post:
Administration Officials Met With Laughter At Bailout Briefing  —  Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner's new financial-sector bailout project, according to people who were in the room.
Discussion: The Huffington Post
Roger Simon / The Politico:
After the speech, time for a drink
Discussion: The Swamp
Frank James / The Swamp:
Lawmakers laughed at Geithner plan
Discussion: The Politico
Zachary Roth / TPMMuckraker:
Ex-IMFer On Geithner's Speech: “This Is Not A Plan”
Media Matters for America:
Fox passes off GOP press release as its own research — typo and all … During the February 10 edition of Fox News' Happening Now, co-host Jon Scott claimed that “the Senate is expected to pass the $838 billion stimulus plan — its version of it, anyway.  We thought we'd take a look back at the bill …
Blue Dog nips Obama with a better stimulus idea
Discussion: Hot Air, DownWithTyranny! and RedState
Exit polls: Livni's Kadima leads in 2009 elections  —  Exit polls by Israel's three main television stations on Tuesday night showed Kadima as the leader in the 2009 general elections, with Likud coming a narrow second.  —  Channel 1, Channel 2 and Channel 10 polling of voters as they left …
Michael Grabell / ProPublica:
The Stimulus Bills: House vs. Senate  —  If all goes as expected today, the Senate will pass an $838 billion economic stimulus plan that follows a compromise reached over the weekend.  But before the package can go to President Obama's desk, the Senate will have to resolve differences with the House and its $819 billion version.
Jack Kuenzie / WIS-TV:
Eight arrested in Michael Phelps case  —  Updated:  —  COLUMBIA, SC (WIS) - New details have emerged about a party where Olympic champion Michael Phelps was spotted.  —  On Feb. 2, a British tabloid published a picture of the 14-time Olympic gold medalist using a water pipe to smoke marijuana.
Discussion: The Dish Rag
Catherine Philp / Times of London:
Iranian mob attacks moderate ex-president Mohammed Khatami on anniversary  —  Iran's former president was set upon by an angry stick-wielding mob today amid celebrations of the 30th anniversary of the Islamic Revolution on the streets of Tehran.  —  The attack on Mohammed Khatami came …
Discussion: Obsidian Wings
Tyler Durden / Zero Hedge:
How The World Almost Came To An End At 2PM On September 18  —  LiveLeak has caught a scary moment of previously undisclosed insight by Paul Kanjorski where he reveals some facts that have not been captured by the media previously.  At 2 minutes and 20 seconds in the video below …
Katie Escherich / ABCNEWS:
Obama: ‘There Is No Easy Out’ for Wall Street  —  In Exclusive Interview, President Warns of ‘a Perfect Storm of Financial Problems’  —  On the same day his treasury secretary detailed a $2 trillion plan to stabilize the U.S. banking systems and the Senate narrowly passed …
Discussion: and The Caucus
Chris Cillizza / The Fix:
Mr. Franken Comes to Washington  —  Entertainer Al Franken (D-Minn.) will spend the next two days in Washington readying himself to serve in the Senate, a move that comes even as the contested Minnesota Senate election plods on.  —  Franken arrives in town tonight and will be here through Thursday …
Discussion: and Scorecard's Blogs
Kevin Duchschereand Pat Doyle / Minneapolis Star …:
Senate recount trial: Rejected absentee ballots of 23 voters can be counted
Discussion: The Caucus
Stephen M. Walt:
What do we do if the “two-state” solution collapses?  —  Lots of smart people have been focusing on the Israeli elections and trying to make sense of their immediate implications for the peace process.  I can't improve on the analyses provided by Glenn Greenwald, Yossi Alpher, Bernard Avishai …
Andy Barr / The Politico:
Huckabee: Stimulus is ‘anti-religious’  —  Former Arkansas Gov. Mike Huckabee warned supporters Tuesday that the $828 billion stimulus package is “anti-religious.”  —  In an e-mail that was also posted on his blog ahead of the Senate's passage, Huckabee wrote: “The dust is settling …
Steve Benen / Washington Monthly:   HUCKABEE DOESN'T KNOW WHAT HE'S TALKING ABOUT.... You've got to be kidding me.
Washington Whispers:
Busy Sarah Palin Backs Out of CPAC; Rush Limbaugh Is Still Speaking  —  The opening-day headliner for the annual CPAC conservative convention February 26-28, Alaska Gov. Sarah Palin, has pulled out, citing state business in Juneau.  “We're obviously disappointed,” said a CPAC official.
Rahm Emanuel  —  WHAT a strange surname!  It appears Spanish, easy to pronounce, but it's not.  Never in my life have I heard or read about any student or compatriot with that name, among tens of thousands.  —  Where does it come from?  I wondered.  Over and over, the name came to mind …
Kevin Helliker / Wall Street Journal:
You Might as Well Face It: You're Addicted to Success  —  Forced to take a buyout from the Kansas City Star last summer, Paul Wenske lost his sense of identity.  “I'd been an investigative reporter all my life, and then boom,” says Mr. Wenske, an award-winning journalist of 30 years.
Discussion: Gawker
John Fund / Wall Street Journal:
Why Obama Wants Control of the Census  —  Counting citizens is a powerful political tool.  —  President Obama said in his inaugural address that he planned to “restore science to its rightful place” in government.  That's a worthy goal.  But statisticians at the Commerce Department …
PR Newswire:
Public Rejects Obama Stimulus Bill According to New ATI-News/Zogby Poll  —  90 Percent of Republicans and 60 Percent of Independents Oppose Obama Economic Recovery Plan  —  Amidst all the rhetoric surrounding President Barack Obama's first signature piece of legislation, a massive $800 billion economic …
The Campaign Spot:
Key Party Switch in Virginia?  (UPDATE: Report: Switch Averted)  —  A well-connected source in Virginia tells me that at least one Democratic state senator is leaving the party's caucus . . . “Not sure yet if he's going Republican or Independent.”  This is significant because the Democrats currently …
The Politico:
GOP won't derail Solis on hubby  —  Featured Topics: - Barack Obama - Presidential Transition  —  Republicans aren't going to derail Labor Secretary-nominee Hilda Solis' nomination over her husband's tax problems, but they still have serious reservations about her ties to labor unions.
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 More Items: 
Domenico Montanaro / MSNBC:
Discussion: TPMMuckraker
Alexia Campbell / Sun-Sentinel:
Bill would drop travel restrictions to Cuba
Discussion: The Reaction
Survey: 31% of Europeans blame economic crisis on Jews
Discussion: Atlas Shrugs
California may have to cut prison population by 40 percent
Discussion: and New York Times
Jay Cost / HorseRaceBlog:
The President Attacks a Republican Straw Man
Discussion: Don Surber and Hot Air
 Earlier Items: 
Steve Benen / Washington Monthly:
Myglesias / Matthew Yglesias:
Nationalization After All  —  If I'm reading this correctly …
Discussion: Booman Tribune
Josh Marshall / Talking Points Memo:
SURREAL — AND MUST-SEE  —  TPM Reader JC sent me to this interview …
Discussion: The Impolitic
David Hunn / St. Louis Post-Dispatch:
Ban on sale of St. Louis schools stirs anger