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Democrats Resisting Obama on Social Security — WASHINGTON — President Obama is eager to seek a bipartisan solution to ensure the long-term solvency of Social Security, people who have spoken with him say, but he is running into opposition from his party's left and from Democratic Congressional leaders …
Discussion:
Crooks and Liars, The Moderate Voice, The Hill, JustOneMinute, Democracy in America, Time, PERRspectives Blog, cab drollery, PoliGazette and MSNBC
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Social Security: White House Triangulates Against Pete Peterson — Rob Kuttner writes in the Washington Post this morning that billionaire Social Security slasher Pete Peterson was originally scheduled to be a keynote speaker at today's fiscal responsibility summit (as reported here last Wednesday) …
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How Entitlement Reform Became Health Reform — Why progressives should stop worrying and learn to love today's White House Fiscal Summit. — It's testament to how deeply the idea of an entitlement crisis has embedded itself in Washington that news that Obama planned a “fiscal accountability summit” …
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The Story Behind That Scrapped White House Social Security Task Force
Discussion:
Hullabaloo
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Obama Hits GOP Governors Rejecting Stimulus Funds: There'll Be ‘Ample Time For Campaigns Down The Road’ — This morning, President Obama addressed members of the National Governors Association, focusing his remarks on the American Recovery and Reinvestment Act.
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Well Before the 2012 Season, Obama Kicks the GOP a Political Football — One month into the Obama presidency, the race for the 2012 GOP nomination appears very much underway. — Utah Gov. Jon Huntsman, before heading to the National Governors Association annual meeting that started …
Discussion:
Think Progress, The Huffington Post, Bloomberg, New Orleans Times-Picayune and DailyHowler.com
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Obama Says Critics are Playing Politics With Stimulus Plan
Discussion:
AlterNet.org
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Obama slams Bush budget ‘dishonesty’ — President Barack Obama took aim at the “casual dishonesty” of Bush administration budgets Monday, saying he'll abandon accounting “tricks” used to hide the ballooning deficit and pledging to cut a $1.3 trillion federal shortfall in half during his first term.
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HSR LIE JUST WON'T GO AWAY.... Once a claim makes its way onto the approved list of Official Republican Talking Points, it's there to stay. Even after a claim has been exposed as completely false — sometimes, especially after it's been proven false — GOP figures will just keep repeating it.
Discussion:
The RBC
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No rest for Rahm at the movies — A surprised fellow moviegoer passes on word that Rahm Emanuel took time out Saturday night to see The Wrestler at the E Street Cinema last night with a Secret Service Agent. — It was not a quiet night out. — “The guy sitting next to Rahm …
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Former Wash. Gov. Gary Locke Likely To Commerce — Former Washington State Gov. Gary Locke is the likely pick to be commerce secretary, according to several senior White House officials. — Locke is the third nominee put forth by President Obama to head the Commerce Department.
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Official: Obama likely to name Locke to Commerce — WASHINGTON (AP) — A senior administration official says that President Barack Obama's likely third pick for Commerce secretary is former Washington Gov. Gary Locke. — The official spoke on condition of anonymity because the announcement has not yet been made.
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The Myth Of The Filibuster: Dems Can't Make Republicans Talk All Night — Hoping for a C-SPAN spectacle of GOP obstruction, some impatient Democrats are urging Senate Majority Leader Harry Reid (D-NV) to call Republicans on their filibuster bluff. — House Majority Leader Steny Hoyer …
Discussion:
Brian Beutler, MyDD, Washington Monthly, MoJo Blog Posts, The Nation, Hullabaloo, The Impolitic, Daily Kos and Democracy in America
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Assessing Obama's Job Approval at the One-Month Mark — Receives solid approval, but not extraordinary in historical terms — USA - Government and Politics - Presidential Job Approval - The Presidency - Americas - Northern America — PRINCETON, NJ — President Barack Obama remains …
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Rick Santelli: The Man Who Talked Back — Which, do you suppose, would be the bigger draw right about now: a) a Barack Obama house party supporting the housing bailout package, or b) a Rick Santelli-inspired “Chicago Tea Party” opposing the bailout package?
Discussion:
Pat Dollard
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Hey, lady, your $800,000 house is NOT my problem — Repeat after me: Property value-preservation is not a civil right. — Craig Meister at the Examiner.com points me to this typical CNN sob story clip of a bus driver named Minta Garcia who is demanding that President Obama halt all foreclosures.
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Citigroup's Clever Plan to Screw Taxpayers Again — From The Business Insider, Feb. 23, 2009: — So Citigroup (C) has proposed that the US taxpayer and other preferred shareholders convert up to $75 billion of preferred stock into common stock, thus bolstering the company's tangible equity …
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Parsing Treasury — I just ran this morning's joint statement …
Discussion:
New York Times, The Atlantic Business Channel, Mish's Global Economic … and MoJo Blog Posts
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The 10 most influential D.C. Twitterers — When you talk about Twitter, you might as well be talking about the Snuggie: People around you swear that it's actually useful, but you can't help thinking it silly and declaring, “I just don't get what all the buzz is about.”
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AIG Seeks More US Funds As Record Loss Looms — American Insurance Group, the insurance giant that is 80-percent owned by the US government, is in discussions with the government to secure additional funds so it can keep operating after next Monday, when it will report the largest loss in U.S. corporate history, CNBC has learned.
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One More Reason To Fear the Stimulus Package: Joe Biden, Computer Illiterate and Gaffemeister Extraordinaire, Is In Charge of It All — Fox News delivers the bad news: … More here. — The idea of Joe Biden—the feller who created the position of the drug czar; plagiarized from Robert Kennedy …
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Major stock market indexes fall to 1997 levels — NEW YORK - Wall Street has turned the clock back to 1997. Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points …
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Auto team drives imports — Fed task force has few new U.S. cars — WASHINGTON — The vehicles owned by the Obama administration's auto team could reflect one reason why Detroit's Big Three automakers are in trouble: The list includes few new American cars.
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CBS News' New Right-Wing PR Chief: “I Never Said Democrats Are Evil” — CBS News kicked up a big controversy over the weekend when the news broke that the network had hired as its new public relations chief one Jeff Ballabon, a conservative Orthodox Jew who helped Bush's reelection campaign in 2004.
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Banking on the Brink — Comrade Greenspan wants us to seize the economy's commanding heights. — O.K., not exactly. What Alan Greenspan, the former Federal Reserve chairman — and a staunch defender of free markets — actually said was, “It may be necessary to temporarily nationalize …
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Sanford Offers Unemployed South Carolina Resident ‘Prayers’ Instead Of Stimulus Funds — Following the lead of a number of his fellow Republican governors, Gov. Mark Sanford (R-SC) has given some indication that he will not accept some of the money slated for South Carolina …