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4:35 PM ET, February 11, 2009

memeorandum

 Top Items: 
Washington Post:
House, Senate Negotiators Reach Agreement on Stimulus  —  Final Bill Scales Down Total Package to About $789 Billion  —  House and Senate negotiators reached agreement today on a stimulus plan with a cost of about $789 billion after scaling down the versions passed by both houses, congressional leaders announced.
RELATED:
New York Times:
Deal Struck on $789 Billion Stimulus  —  WASHINGTON — Congressional negotiators announced Wednesday afternoon that they had reached agreement on a $789 billion economic stimulus bill, clearing the way for final action and President Obama's signature.  —  “The differences between the House …
David Espo / Associated Press:
Key lawmakers reach deal on $789B stimulus bill  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Moving with lightning speed, key lawmakers announced agreement Wednesday on a $789 billion economic stimulus measure designed to create millions of jobs in a nation reeling from recession.
CNN:
Agreement reached on proposed stimulus bill  —  WASHINGTON (CNN) — Negotiators have resolved the differences between the House and Senate versions of the stimulus bill, Sen. Harry Reid said Wednesday.  —  “The bills were really quite similar, and I'm please to announce that we've been able …
Bloomberg:
Lawmakers Agree on $789 Billion Stimulus Proposal, Baucus Says
Discussion: Swampland
RELATED:
Glenn Thrush / Glenn Thrush's Blogs:
Cantor's effin' response
Discussion: Ben Smith's Blogs, The Note and MSNBC
Greg Sargent / The Plum Line:
Obama Allies Launch New Ad Directly Attacking GOP Leaders …
Nate Silver / FiveThirtyEight.com:
Give Geithner a Break  —  I don't think he did well yesterday.  I don't know that he's the right guy for the job.  But what I do know is the following:  —  1. Nobody, absolutely nobody, has more incentive to get this right than the Obama Administration.  If the economy collapses — well …
RELATED:
Andy Kessler / Wall Street Journal:
Why Markets Dissed the Geithner Plan  —  Here's how he should handle the banks.  —  One of the cool things about being Treasury Secretary is that you get your signature on dollar bills, giving them authority, defending their honor.  Timothy Geithner's plan to save the struggling banking system probably does …
Chicago Tribune:
Treasury Secretary Timothy Geithner offers up revised financial bailout plan
Discussion: RedState
Myglesias / Matthew Yglesias:
Steve Austria (R-OH) Doesn't Know When the Depression Happened  —  Austrian economics (pardon the pun) continues to take over the Republican Party: … Probabilities indicate that this is not the stupidest conservative in congress.
Discussion: Democracy in America and TalkLeft
RELATED:
Darrel Rowland / dispatchpolitics.com:
U.S. Rep. Austria blames Depression on Roosevelt
Amanda Terkel / Think Progress:
Rep. Steve Austria: FDR caused the Great Depression.»
Discussion: MoJoBlog
Rasmussen Reports:
67% Say They Could Do A Better Job On The Economy Than Congress  —  When it comes to the nation's economic issues, 67% of U.S. voters have more confidence in their own judgment than they do in the average member of Congress.  —  Nineteen percent (19%) trust members of Congress more …
RELATED:
Rasmussen Reports:
Trust on Issues  —  On Economic Issues, Voter Trust in Democrats Is Falling
Discussion: RedState
David G. Savage / Los Angeles Times:
Solicitor general nominee says ‘enemy combatants’ can be held without trial  —  Elena Kagan tells a senator she agrees with Attorney General Holder that the U.S. is at war and therefore may detain suspected terrorists indefinitely.  —  Reporting from Washington — Harvard Law Dean Elena Kagan …
RELATED:
Darren Lenard Hutchinson / DISSENTING JUSTICE:
So Exactly When Does “Change” …
Michael Calderone / Michael Calderone's Blogs:
Sen. Harkin: ‘We need the Fairness Doctrine back’  —  Just this morning, I reported that Sen. Debbie Stabenow has backed off on the idea of holding hearings for radio accountability, something she discussed last week with liberal radio host Bill Press (leading to an uproar on conservative talk radio over the Fairness Doctrine).
RELATED:
The Huffington Post:
Bailed-Out Firms Distributing Cash Rewards: “Please Do Not Call It A Bonus”  —  Two Wall Street firms that received at least $60 billion in government bailout funds will be rewarding their financial advisers with controversial retention payments, the terms of which one senior executive described as …
Kathleen Parker / Washington Post:
So Far, Amateur Hour  —  The first however-many days of Barack Obama's presidency have been a study in amateurism.  —  Many suspected that Obama wasn't quite ready, but kept their fingers crossed.  Optimistic disappointment is the new holding pattern.  —  What's missing from Obama's performance …
Discussion: Commentary and Weekly Standard
Myglesias / Matthew Yglesias:
Obama on Sweden  —  In response to a very good question for ABC News' Terry Moran, President Barack Obama specifically addressed why he's rejected a “Swedish” approach to the financial crisis: … Obama makes two arguments here, one about scale and one about national tradition.
Newt Gingrich / Washington Times:
Where does the conservative movement go from here?  —  ANALYSIS/OPINION:  —  The conservative movement has a simple and almost certainly successful future if it does three things:  —  1. Advocate first principles with courage, clarity, persistence and cheerfulness.
Geoff Earle / New York Post:
CONGRESS $HOPPING CARTS  —  WASHINGTON - “Fore!”  —  The federal government is preparing to spend millions to purchase a fleet of small electric vehicles that critics compare to golf carts.  —  The $838 billion economic stimulus bill that passed the Senate yesterday contains $300 million …
Pamela Geller / Atlas Shrugs:
RIGHT BEFORE THE ELECTION OF PRESIDENT HUSSEIN: “A $550 Billion Electronic Run on the Banks” … This is un-frickin-believable.  The financial crisis was deliberate, planned, staged.  Who made the run? … Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawals …
Discussion: protein wisdom and Theo Spark
Megan McArdle:
Maxine Waters brings the crazy  —  Her questions to the bankers are so bizarre that they don't know what to do.  Ken Lewis looks like a deer in the headlights as Waters asks her about offshore loss mitigation efforts.  He can't even figure out what she's talking about …
Walter Griffin / Bangor Daily News:
Report: ‘Dirty bomb’ parts found in slain man's home  —  Agency says radioactive materials recovered in home of man allegedly slain by his wife  —  BELFAST, Maine — James G. Cummings, who police say was shot to death by his wife two months ago, allegedly had a cache of radioactive materials …
Discussion: Riehl World View
Justin Miller / The Atlantic Politics Channel:
Behind The Palin Pull Out  —  Sarah Palin is pulling back from her post-election media spree by withdrawing from CPAC, a move that can only help her if she wants a national political role.  —  Palin's pull out CPAC is striking because it represents a break in her media modus operandi …
Glenn Greenwald / Salon:
Ari Fleischer on “the grid in front of” the President  —  (updated below)  —  Daily Kos' Meteor Blades points to a rare moment of television candor last night, as Ari Fleischer explained to Bill O'Reilly how and why the White House determined which reporters were allowed to ask questions …
Discussion: BuzzFlash.org
Andrew Malcolm / Top of the Ticket:
Sarah Palin turns 45 today.  How are you celebrating?  —  Well, today is the Big 4-5 Sarah Louise Palin, the lipstick-wearing, pit-bull hockey mom whom some folks still can't get enough of — and others long ago did.  (But, look, you're still here reading!)
CNN:
Peanut butter officials spurn Congress' questions  —  WASHINGTON (CNN) — The president of a peanut company and a plant manager accused of knowingly distributing contaminated food refused to answer questions posed by members of Congress on Wednesday, citing their Fifth Amendment protection against self-incrimination.
Discussion: Indecision
Tom Baldwin / Times of London:
Show ‘torture’ evidence, US politician Bill Delahunt demands  —  A senior Democrat on Capitol Hill has mounted a fresh challenge to Britain's insistence that its relations with US intelligence agencies would be threatened by disclosing evidence of torture.  —  Bill Delahunt said that the …
Discussion: Brian Beutler
Jeffrey Goldberg:
A Stunning Israeli Election  —  As I noted, I'm pretty far from Israel (geographically, that is), but my cell phone works in the western desert, and I've been talking to friends in Tel Aviv.  A number of quick observations:  —  1. The stunner, for me at least: The Labor Party is dead.
Steve Benen / Washington Monthly:
A CONSERVATIVE LIE CASE STUDY.... To paraphrase Twain, a right-wing talking point can travel the media world, while the truth is still getting its pants on.  We've seen a classic example over the last 48 hours.  —  On Monday, Bloomberg ran an opinion piece from Betsy McCaughey …
Andy Sher / Chattanooga Times Free Press:
Tennessee: HHS post probably won't come his way, Bredesen tells lawmakers  —  NASHVILLE — Gov. Phil Bredesen told top legislative leaders this morning that he doesn't think President Obama will nominate him for the U.S. Health and Human Services secretary position, lawmakers said.
Glenn Thrush / Glenn Thrush's Blogs:
Let 'em filibuster!  —  House Dems aren't ikely to revolt on the stimulus — but there's a brewing sentiment that Senate Democrats ought to call the Republicans on their bluff — and let 'em filibuster President Obama's big bills, 60 be damned.  —  A revealing moment from Tuesday's Democratic powwow …
Robert Farley / Lawyers, Guns and Money:
Why Tom Zarek Was Right  —  The following is a Letter to the Editor from “Concerned Colonial Citizen”, regarding the prospects of a permanent alliance between the Colonial government and the rebel Cylon.  It is titled “Why Tom Zarek Was Right”.  The letter is spoileriffic.
Discussion: Matthew Yglesias
 
 
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 More Items: 
Subir Bhaumik / BBC:
Pair held for ‘offending Islam’
Discussion: Jihad Watch
Gavin M. / Sadly, No!:
The Education Of Donald Luskin
Discussion: Hullabaloo
MSNBC:
Town hall: House offered to homeless woman
Discussion: CNN and The Politico
Mary Beth Sheridan / Washington Post:
D.C. Voting Rights Passed by Senate Committee
Frank James / The Swamp:
Obama speech to be rebutted by Jindal
Discussion: The Politico
Paul Krugman:
The return of shrill  —  Via Angry Bear, Will Marshall …
 Earlier Items: 
Associated Press:
Obama: Caterpillar will rehire if stimulus passes
Discussion: Cafe Hayek and RedState
Maureen Dowd / New York Times:
Trillion Dollar Baby
Discussion: The Swamp and NY Daily News
Steven Pearlstein / Washington Post:
Big Lessons in Finance From a Little Bank You've Never Heard Of
Howard Kurtz / Washington Post:
As Mainstream Exits D.C., Niche Media Tide Rises
Brian Stelter / New York Times:
On War Criminals' Trail, NBC News Stirs Criticism