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11:00 AM ET, February 27, 2009

memeorandum

 Top Items: 
John Bresnahan / The Politico:
Pelosi butts heads with Obama  —  Nancy Pelosi repeatedly stood to applaud Barack Obama when he addressed a joint session of Congress Tuesday night.  But in the days since, the speaker of the House has been standing up for herself —distancing herself from the president on Iraq …
RELATED:
J. Taylor Rushing / The Hill:
Reid joins Pelosi in opposing weapons ban revival  —  Senate Majority Leader Harry Reid will join Speaker Nancy Pelosi (D-Calif.) in opposing any effort to revive the 1994 assault weapons ban, putting them on the opposite side of the Obama administration.  —  Reid spokesman Jim Manley …
Discussion: DownWithTyranny! and QandO
J. Taylor Rushing / The Hill:
Revival of gun debate puts Gillibrand in tough spot
Discussion: New York Times
CNN:
Steele to CPAC: The Republican party is just fine  —  WASHINGTON (CNN) - Capping off a day of conservative soul-searching, strategizing and navel-gazing at the annual Conservative Political Action Conference in Washington, Republican National Committee chairman Michael Steele announced Thursday …
RELATED:
Think Progress:
John Bolton jokes about nuking Chicago, entire CPAC audience erupts in laughter.  —  This morning, former U.N. ambassador John Bolton spoke to the Conservative Political Action Conference (CPAC).  He tried to up the fear quotient in the room by raising the prospect of an Iranian-sent nuclear attack on an American city.
Paul Krugman / New York Times:
Climate of Change  —  Elections have consequences.  President Obama's new budget represents a huge break, not just with the policies of the past eight years, but with policy trends over the past 30 years.  If he can get anything like the plan he announced on Thursday through Congress, he will set America on a fundamentally new course.
RELATED:
David Leonhardt / New York Times:
A Bold Plan Sweeps Away Reagan Ideas  —  The budget that President Obama proposed on Thursday is nothing less than an attempt to end a three-decade era of economic policy dominated by the ideas of Ronald Reagan and his supporters.  —  The Obama budget — a bold, even radical departure from recent history …
Peter Baker / New York Times:
Iraq Withdrawal Plan Gains G.O.P. Support  —  WASHINGTON — President Obama won crucial backing on Thursday for his Iraq military withdrawal plan from leading Congressional Republicans, including Senator John McCain, the party's presidential nominee, who spent much of last year debating the war with Mr. Obama.
RELATED:
Washington Post:
Obama to Announce U.S. Troop Withdrawal in Iraq
Washington Post:
Obama Tries to Quell Iraq Criticism
Discussion: Cato @ Liberty and TIME.com
CNBC:
Steep GDP Revision Puts Economic Loss at 6.2%  —  The U.S. economy contracted more sharply than initially estimated in the fourth quarter, government data showed on Friday, as exports plunged and consumers cut spending by the most in over 28 years amid a severe recession.
RELATED:
Catherine Rampell / New York Times:
In Revision, G.D.P. Shrank at 6.2% Rate at the End of 2008  —  The economy at the end of last year contracted at a far faster rate than initially estimated, a government report released Friday said.  —  The decline in the gross domestic product — a measure of a country's total output …
Eric Dash / New York Times:
U.S. Agrees to Raise Its Stake in Citigroup  —  In its most daring bid yet to stabilize Citigroup, one of the nation's largest and most troubled financial institutions, the Treasury Department announced on Friday that it would vastly increase its ownership of the struggling company.
RELATED:
Stephen Bernard / Associated Press:
Government could own up to 36 pct. of Citigroup
Financial Times:
Insight: Time to expose those CDOs  —  Just how much should a debt vehicle backed by subprime mortgage bonds be worth these days?  Two years ago, most banks and insurance companies assumed the answer was close to 100 per cent of face value - or more.  —  Since then, however, that “price” …
RELATED:
Hilzoy / Obsidian Wings:   Now That's What I Call Toxic!
David Weigel / The Washington Independent:
Conservatives Confident Their Day Is Coming  —  Tucker Carlson closed out the first day of the Conservative Political Action Conference to a chorus of boos.  His crime: informing a crowd of youngish, frustrated conservatives that if they wanted to succeed, they had to copy The New York Times.
Andrew Malcolm / Top of the Ticket:
More entertaining Sen. Burris news, this time on son Burris II  —  Not an all-around awful day for Democratic Sen. Roland Burris of Illinois.  —  Just terrible this time.  —  As you may have heard, the legally-embattled junior Illinois senator replacement for Barack Obama …
RELATED:
Newsdesk / Clout St:
Quinn: let's have special election if Burris won't resign within two weeks
Discussion: The Politico
John / Power Line:
DUSTBOWL DAYS?  —  The Democrats are delirious at the idea that we've gone back to the future—a return to the 1930s.  I'm not sure their joy is shared by many of those who actually lived through that era, but from the Dems' perspective the unprecedented transfer of wealth and power …
RELATED:
Rasmussen Reports:
59% Still Believe Government Is the Problem
National Journal Online:
Congressional Insiders Poll  —  Q: Do you expect that another economic stimulus plan will be necessary in the next year?  —  Democrats (31 votes)  —  Yes 65 percent No 29 percent Maybe (volunteered) 6 percent  —  Yes  —  “When you're talking …
Discussion: TalkLeft
Noam N. Levey / Chicago Tribune:
Obama administration may rescind ‘conscience rule’  —  Officials say the move seeks to clarify rules for health care workers  —  WASHINGTON — Taking another step into the abortion debate, the Obama administration Friday will move to rescind a controversial rule that allows health-care workers …
Discussion: Daily Kos and Real Clear Politics
Think Progress:
Exclusive: Joe the Plumber suggests some members of Congress should be shot.  —  On Wednesday, Joe “the Plumber” Wurzelbacher said that if he were in Congress, he would “probably be in jail” because he'd be charged with “slapping some member.”  He added, “And that's not [bull] either.”
Zombie / zomblog:
San Francisco welcomes William Ayers and Bernardine Dohrn  —  Former Weather Underground leaders William Ayers and Bernardine Dohrn made an appearance at San Francisco's Modern Times Bookstore on February 21 to promote their new book Race Course Against White Supremacy.
Discussion: American Power
Brett Neely / Bloomberg:
Arsonists Torch Berlin Porsches, BMWs on Economic Woe  —  Feb. 27 (Bloomberg) — When Berlin resident Simone Klostermann returned from vacation and couldn't find her Mercedes SLK, she thought it had been towed.  Police told her the 35,000- euro ($45,000) car had been torched.
Discussion: The Corner
 
 
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 More Items: 
Andrew Malcolm / Top of the Ticket:
Breaking: Ex-Pres. Bush has trouble getting Dallas paper delivered
Meg Marco / Consumerist:
The “Worst Food Product Ever” May Have Been Found
Financial Times:
SEC alerted about Stanford in 2003
Discussion: CBS News and Washington Post
Kara Yates / CNN:
$400,000 for comic book? Better be Super good
Discussion: Boing Boing
Joan Lowy / Associated Press:
Panel: Raise gas tax, charge drivers by the mile
Discussion: Gateway Pundit
Dan Balz / Washington Post:
Ambitious Blueprint a Big Risk The President Is Willing to Take
Discussion: MSNBC and NPR Blogs
 Earlier Items: 
Yinka Adegoke / Reuters:
Newsday plans to charge for online news
Larry Margasak / Associated Press:
Firms defraud government but get new US contracts
Leslie Wayne / New York Times:
$25 Billion to Promote Electric Cars Is Untouched
Discussion: Green Sheet
Attaturk / Firedoglake:
Credit Crisis for the intellectually bankrupt
Discussion: TBogg and 24Ahead
Megan McArdle:
Obama's big-bath accounting
Discussion: Economix and Real Time Economics
Joby Warrick / Washington Post:
Senate Panel to Examine CIA Detainee Handling
Discussion: Democrats.com, TIME.com and Time
Karen DeYoung / Washington Post:
National Security Structure Is Set
Discussion: Think Progress, TIME.com and Wonk Room
Jeanne Cummings / The Politico:
Class warfare returns to D.C.
 

 
From Mediagazer:

Jon Gambrell / Associated Press:
The US says it believes Iranian-American journalist Reza Valizadeh, who once worked for US-funded broadcaster Radio Farda, has been detained for months by Iran

Richard Sandomir / New York Times:
James Ledbetter, a former media critic who wrote for The Village Voice, was Inc. magazine EIC, and started fintech newsletter FIN, died on October 28 at age 60

Katie Robertson / New York Times:
How Joanna Coles and Ben Sherwood are trying to revive The Daily Beast, amid conflicts with the staff, tech problems, and skepticism towards their vision

 
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