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12:45 PM ET, February 17, 2009

memeorandum

 Top Items: 
Washington Post:
Late Change in Course Hobbled Rollout of Geithner's Bank Plan  —  Just days before Treasury Secretary Timothy F. Geithner was scheduled to lay out his much-anticipated plan to deal with the toxic assets imperiling the financial system, he and his team made a sudden about-face.
RELATED:
Sheryl Gay Stolberg / New York Times:
In a World Not Wholly Cooperative, Obama's Top Economist Makes Do  —  WASHINGTON — President Obama has a few nicknames for Lawrence H. Summers, the brash and brainy former Harvard president who, as chief White House economic adviser, is guiding him through treacherous terrain.
Discussion: The New Republic, Corrente and TPMDC
Thomas M. Defrank / NY Daily News:
Cheney pushed Bush to grant Libby pardon  —  WASHINGTON - In the waning days of the Bush administration, Vice President Dick Cheney launched a last-ditch campaign to persuade his boss to pardon Lewis (Scooter) Libby - and was furious when President George W. Bush wouldn't budge.
RELATED:
Andy Barr / The Politico:
Rove: Cheney's fight ‘overblown’
Michael Falcone / The Caucus:
The Early Word: The Bill Becomes Law
Jeffrey M. Jones / Gallup:
Congress' Approval Rating Jumps to 31%  —  More positive ratings from Democrats largely responsible for increase  —  PRINCETON, NJ — Gallup's latest congressional job approval rating, from a Feb. 9-12 poll, shows a sharp 12 percentage-point increase from last month, rising from 19% to 31%.
Sara Just / Political Radar:
Bristol Palin Speaks Out  —  ABC's Teddy Davis and Sara Just report: Bristol Palin, the 18-year-old daughter of Alaska Gov. Sarah Palin, told Fox News in her first interiew since giving birth that she would like to be an advocate against teen pregnancy.  —  “Everyone should wait 10 years,” Palin said.
RELATED:
Michelle Malkin:
President Obama's 2,000-point tumble  —  On Nov. 4, after Barack Obama clinched the White House, the market closed at 9,625.28.  —  In mid-morning trading today, the day President Obama signs his massive Generational Theft Act into law and a day before he unveils a massive new mortgage entitlement, the Dow dropped to to 7,606.53.
Discussion: GayPatriot and Gateway Pundit
RELATED:
Associated Press:   Wall Street tumbles in early trading
Byron York / www.dcexaminer.com:
For Obama, it's more about showmanship than sunlight  —  After rushing Congress to act, why did he wait for days to sign the “emergency” stimulus bill?  —  Back during the presidential campaign, Barack Obama promised something he called “Sunlight Before Signing.”
John Hawkins / Pajamas Media:
Six Keys to Turning Around the Republican Party  —  Here's how the GOP can charge into 2010 with a fired-up conservative base and appeal to a wider slice of the American public.  —  If we want to fix what ails the Republican Party, it's worth taking a few moments to diagnose what went wrong …
Discussion: Right Wing News
RELATED:
Robert Stacy McCain / The Other McCain:
How to fix the GOP?  —  John Hawkins is the list-master …
Discussion: Redhot
CNN:
Police: TV station founder beheaded wife  —  From Deborah Brunswick and LaNeice Collins  —  NEW YORK (CNN) — The founder of an Islamic television station in upstate New York aimed at countering Muslim stereotypes has confessed to beheading his wife, authorities said.
Discussion: Shakesville, PoliBlog and Pharyngula
Wall Street Journal:
McCain's Vote Should Trouble Obama  —  By the president's own standard of bipartisanship, he has failed.  —  “John McCain Was Right.”  —  That's one headline we ought to see when President Barack Obama puts his name to the stimulus bill in Denver later today.  But we won't.
Discussion: Commentary
Patrick Cockburn / The Independent:
A ‘fraud’ bigger than Madoff  —  Senior US soldiers investigated over missing Iraq reconstruction billions  —  In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn …
Jim McElhatton / Washington Times:
EXCLUSIVE: Postmaster got $800,000 in pay, perks  —  Raise came amid calls for cuts in delivery  —  Postmaster General John E. Potter recently warned that economic times are so dire that the U.S. Postal Service may end mail delivery one day a week and freeze executive salaries.
Juliet Eilperin / Washington Post:
Justice Dept. Defends Bush Rule on Guns  —  But Interior Is Reviewing Measure, Which Allows Concealed Firearms in Parks  —  The Obama administration is legally defending a last-minute rule enacted by President George W. Bush that allows concealed firearms in national parks …
Discussion: Fox News and TPMMuckraker
Claire Heininger / New Jersey Online:
Governor spent 105 days in'08 outside N.J.  —  Opponents criticize Corzine's absences  —  With campaign stops for Barack Obama and Hillary Clinton, a trade mission to Israel and other trips for business and pleasure, Gov. Jon Corzine spent all or part of 105 days outside of New Jersey in 2008, according to a Star-Ledger review.
Anne Schroeder Mullins / The Politico:
Going gray's just fine, man  —  Everyone seems to have an opinion about Howard Fineman's hair lately.  —  The Newsweek reporter and MSNBC commentator has let his hair go gray, and it's all anyone can talk about.  —  Perfect strangers, we hear, go up and talk to him about it.
Jackie Calmes / New York Times:
Obama Gains Support From G.O.P. Governors  —  WASHINGTON — President Obama must wish governors could vote in Congress: While just three of the 219 Republican lawmakers backed the $787 billion economic recovery plan that he is signing into law on Tuesday, that trifling total …
Bradley Burston / Haaretz:
Sure the Israeli right won?  Peace lost?  Look closer  —  To judge solely from the gloating, the right conclusively won last week's election.  Hawkish politicians were swift to crow triumph.  Hardline analysts and legions of talkbackers have positively glowed in pronouncing the end of the left …
Wall Street Journal:
Don't Believe the Stimulus Scaremongers  —  Americans are losing faith in the fairness and wisdom of economic policy.  —  Our ignorance of what causes economic ailments — and how to treat them — is profound.  Downturns and financial crises are not regular occurrences …
Discussion: Washington Post and EconLog
New York Times:
Japan's Finance Minister Quits After G-7 Blunder  —  TOKYO — Japan's finance minister resigned Tuesday after widespread criticism of embarrassing behavior at the weekend Group of 7 meeting in Rome.  —  The minister, Shoichi Nakagawa, raised eyebrows for his slurred speech and muddled answers …
Discussion: The Daily Dish, The Lede and Gawker
Mark Brown / Chicago Sun Times:
Transcript has Burris dancing around the truth  —  Here's the proof that he really is a lying little sneak  —  Sen. Roland Burris says the transcript of his Illinois House impeachment committee testimony proves he is not a lying little sneak.  —  It doesn't.  But judge for yourself.
Gale Holland / Los Angeles Times:
Student sues L.A. City College district over gay-marriage speech  —  Weeks after Proposition 8 passed, student says, his public-speaking professor reacted inappropriately to his stance against same-sex unions.  His lawyer alleges religious discrimination.  —  A classroom dispute …
Discussion: GayPatriot and QandO
Scott / Power Line:
Coleman's complaint  —  In its ruling Friday on the standard applicable to the 4,800 rejected absentee ballots raised by the Coleman campaign in the election contest, the three-judge panel insisted on compliance with Minnesota's absentee ballot statute.  The judges' ruling is reasonable on its face.
City Journal:
Green Cities, Brown Suburbs  —  On a pleasant April day in 1844, Henry David Thoreau—the patron saint of American environmentalism—went for a walk along the Concord River in Massachusetts.  With a friend, he built a fire in a pine stump near Fair Haven Pond, apparently to cook a chowder.
Discussion: Philly.com and Eschaton
David Kurtz / Talking Points Memo:
STILL SPIRALING  —  Former Rep. J.D. Hayworth (R-AZ) was on Hardball last night and put on a dizzying display as he tried to blame George Soros and Chuck Schumer for the economic collapse:
Gary Kamiya / Salon:
The death of the news  —  If reporting vanishes, the world will get darker and uglier.  Subsidizing newspapers may be the only answer.  —  Journalism as we know it is in crisis.  Daily newspapers are going out of business at an unprecedented rate, and the survivors are slashing their budgets.
Discussion: pandagon.net
Richard Sandomir / New York Times:
Tennis Channel Won't Televise Dubai Event in Protest  —  The Tennis Channel will not televise the Barclays Dubai Tennis Championships this week to protest the United Arab Emirates' refusal to grant an entry visa to the Israeli player Shahar Peer.  Peer was scheduled to play Anna Chakvetadze in the first round.
 
 
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 More Items: 
Myglesias / Matthew Yglesias:
Countermajoritarianism in California
Stan Collender / Capital Gains and Games:
Calling Out Clive Crook
Discussion: Paul Krugman and Matthew Yglesias
Washington Post:
A Truth Commission?  —  The Danger in Democrats' Rush to Investigate
Discussion: Overruled
Dan / Riehl World View:
Will You Fight, Flee Or Just Read?
Discussion: Wizbang and Right Wing News
Jenny Booth / Times of London:
Ex-spy chief Dame Stella Rimington says ministers have turned UK into police state
 Earlier Items: 
Lucian Bebchuk / Wall Street Journal:
Congress Gets Punitive on Executive Pay
Anne Applebaum / Washington Post:
Protectionism Anew  —  Some think the New Deal rescued America …
David Rogers / The Politico:
Obama plots huge railroad expansion
James Morone / New York Times:
One Side to Every Story