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2:05 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
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%.
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’
Discussion: Talking Points Memo
Newsdesk / Clout St:
Burris now acknowledges fundraising effort for Blagojevich  —  U.S. Sen. Roland Burris has acknowledged he sought to raise campaign funds for then-Gov. Rod Blagojevich at the request of the governor's brother at the same time he was making a pitch to be appointed to the Senate seat previously held by President Barack Obama.
RELATED:
U.S. Securities and Exchange Commission:
SEC Charges R. Allen Stanford, Stanford International Bank for Multi-Billion Dollar Investment Scheme  —  FOR IMMEDIATE RELEASE  —  2009-26  —  Washington, D.C., Feb. 17, 2009 — The Securities and Exchange Commission today charged Robert Allen Stanford and three of his companies …
RELATED:
New York Times:
U.S. Accuses Texas Financial Firm of $8 Billion Fraud  —  HOUSTON — Stopping what it called a “massive ongoing fraud,” the Securities and Exchange Commission on Tuesday accused Robert Allen Stanford, the chief of the Stanford Financial Group, of fraud in the sale of about $8 billion …
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.
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.”
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.
Chris Walters / Consumerist:
Facebook's New Terms Of Service: “We Can Do Anything We Want With Your Content.  Forever.”  —  This post has generated a lot of responses, including from Facebook.  Check them out here.  —  Facebook's terms of service (TOS) used to say that when you closed an account on their network …
RELATED:
Brian Stelter / New York Times:
Facebook's Users Ask Who Owns Information
Discussion: Consumerist
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 …
David Frum / NewMajority.Com Scroll:
MORMONS FOR PRESIDENT?  —  If the polls are to be believed, Mormons rank among America's most disliked religious denominations.  Despite this animus, Mormons have achieved considerable success.  Fourteen Mormons serve in the current Congress, including the Senate Majority leader.
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, Pharyngula and PoliBlog
Myglesias / Matthew Yglesias:
Politico's David Rogers Catches Republicans Lying About High-Speed Rail, Won't Call Them Liars  —  David Rogers has a piece in Politico that offers a nice summary of the recovery plan's actual high-speed rail provisions and the direct role of the White House in securing them:
Discussion: The Politico and Shakesville
Damon W. Root / New York Post:
COLLEGE CHEATS  —  COLUMBIA BLIGHTED OWN HOOD  —  COLLUSION between Columbia University and the Empire State Development Corp. over using the ESDC's powers of eminent domain to acquire land for the school seems to violate both the letter and spirit of the law.
David Abel / Boston Globe:
2 Romney estates hit the market  —  The ski home that Mitt and Ann Romney own in Deer Valley overlooks a reservoir and mountains.  The Romneys own four mansions across the country.  —  The “cabin” in Deer Valley, Utah, which overlooks a reservoir and mountains, comes fully furnished …
Hiroko Tabuchi / New York Times:
Minister Quits at Bad Time for Japan's Economy  —  TOKYO — The resignation of Japan's finance minister, who faced criticism for his odd behavior at a news conference at a Group of 7 meeting in Rome over the weekend, poses fresh problems for the country's leadership during a worsening recession.
Ezra Levant:
Alberta cabmin: HRC acting like a “kangaroo court”  —  It was almost exactly three years ago that the Western Standard magazine, and I as its publisher, were the targets of a complaint before the Alberta Human Rights Commission, filed by a radical Muslim imam from Calgary, and another identical complaint filed by his Edmonton allies.
Discussion: five feet of fury
Anne Schroeder Mullins / Anne Schroeder's Blogs:
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.
Discussion: JammieWearingFool
Catherine Reagor / Arizona Republic:
Growth pattern crippled Phoenix  —  Half-empty outskirts suffer as once-reliable cycle busts  —  Phoenix grew into the nation's fifth-largest city through a reliable pattern: Build affordable homes on the metro area's edges, welcome waves of new buyers, and then roads, schools and retail centers follow.
Discussion: Washington Monthly
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:
Steve Benen / Washington Monthly:
THE DEBATE OVER FILIBUSTER REFORM.... There's been some good discussion over the last several days about the Senate filibuster and whether the process should be reformed.  It seems, however, that some of participants have been talking past one another.  —  At The Moderate Voice, for example …
Tim Franks / BBC:
Explosives haul missing in Gaza  —  Israeli aircraft dropped hundreds of tons of explosives on Gaza, not all of which exploded  —  A large stockpile of unexploded weapons has disappeared in Gaza, before United Nations experts were able to dispose of it safely, the BBC has learned.
Discussion: Elder of Ziyon
Washington Post:
A Truth Commission?  —  The Danger in Democrats' Rush to Investigate  —  A growing chorus of critics is demanding the creation of a special commission to “investigate” the Bush administration's alleged abuses of power, especially prosecution of the war on terrorism.
Discussion: Salon, DownWithTyranny! and Overruled
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 …
Panama City News-Herald:
RON HART: Hey, what happened to all that hope?  —  The writer is a Southern libertarian who writes a weekly column on politics and life.  His e-mail is RevRon10@aol.com.  —  PEBBLE BEACH, Calif.  —  Americans fall into two distinct categories today: those who remember how devastating …
Discussion: Reason and Outside The Beltway
Alex Tabarrok / Marginal Revolution:
Free Market Bank Nationalization  —  I believe that bank nationalization is now very likely.  It may even be desirable.  The term nationalization, however, clouds judgment on both sides of the debate.  It's better to think of what we want to do as bankruptcy.  Many of the major banks are insolvent.
Discussion: EconLog and marbury
 
 
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 More Items: 
Josh Kraushaar / Scorecard's Blogs:
Brunner's in...  Democrats have their first candidate …
Discussion: Swing State Project
Kevin Vaughan / Rocky Mountain News:
New energy on center stage when Obama signs stimulus in Denver
Discussion: CBS News, Bloomberg and The Caucus
Richard Cohen / Washington Post:
Partisan Realities  —  We might as well start with Judd Gregg because …
Discussion: Hullabaloo and THE WEEK - Online
Joan Biskupic / USA Today:
Supreme Court case with the feel of a best seller
Myglesias / Matthew Yglesias:
Some F-22 Links
 Earlier Items: 
Claire Heininger / New Jersey Online:
Governor spent 105 days in'08 outside N.J.
Discussion: Ben Smith's Blogs
Scott / Power Line:
Coleman's complaint  —  In its ruling Friday on the standard applicable …
Gary Kamiya / Salon:
The death of the news  —  If reporting vanishes, the world will get darker and uglier.
Discussion: pandagon.net
Dan / Riehl World View:
Will You Fight, Flee Or Just Read?
Discussion: Wizbang and Right Wing News
Wall Street Journal:
Don't Believe the Stimulus Scaremongers
Discussion: Washington Post and EconLog