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11:35 PM ET, March 2, 2009


 Top Items: 
Mike Allen / The Politico:
Steele to Rush: I'm sorry  —  Republican National Committee Chairman Michael Steele says he has reached out to Rush Limbaugh to tell him he meant no offense when he referred to the popular conservative radio host as an “entertainer” whose show can be “incendiary.”
A Few Words for Michael Steele  —  BEGIN TRANSCRIPT  —  RUSH: I was not going to talk about Michael Steele.  I have had e-mails from the Drive-By Media.  I have had interview requests to be on television shows to talk about Michael Steele and what he said about my speech Saturday night.
The Huffington Post:
Steele Takes On Rush Limbaugh: “Ugly,” “Incendiary” (VIDEO)  —  Republican National Committee chairman Michael Steele took umbrage Saturday night when CNN's D.L. Hughley referred to radio host Rush Limbaugh as “the de facto leader of the Republican party.”  —  “No he's not.
Josh Marshall / Talking Points Memo:
I'M LOVING MICHAEL STEELE  —  I mean, I'm not sure how else to put it.  This guy has to be about the worst, most embarrassing party chair we've seen in recent memory.  It's embarrassing enough that Steele is like, what? ...  the third Republican to criticize Rush and then make it less …
Sam Youngman / The Hill:
White House fires back at Rush Limbaugh  —  The Speaker of the House won't mention his name, but the White House has shown a willingness to invoke the name of radio host Rush Limbaugh whenever challenged.  —  Speaker Nancy Pelosi (D-Calif.) won't comment on anything the hero of conservatives has to say …
Discussion: Don Surber and Wizbang
Satyam Khanna / Think Progress:
Steele Bows Down To Limbaugh: ‘No Attempt On My Part To Diminish His Voice Or His Leadership’  —  Steele Bows Down To Limbaugh: ‘No Attempt On My Part To Diminish His Voice Or His Leadership’  —  Yesterday, White House Chief of Staff Rahm Emanuel called Rush Limbaugh the “intellectual force” of the GOP.
Discussion: Lynn Sweet and Salon
Greg Sargent / The Plum Line:
Rush Limbaugh Launches Brutal Hit On Michael Steele  —  Whoa.  Rush Limbaugh's bid to cement his own role as head of the Republican Party just took a wild new turn, with Limbaugh launching a brutal hit on RNC chair Michael Steele, mocking the GOP for being in a “sad sack” …
Greg Sargent / The Plum Line:
No Apology To Rush Limbaugh From RNC Chair Michael Steele
Discussion: protein wisdom
John / Power Line:   Throwing Rush Under the Bus
The New Majority:
Discussion: The Moderate Voice and Eunomia
Mark Silva / The Swamp:
GOP's Steele: Limbaugh not 'bogeyman"
Discussion: Spin Cycle
Matt Lewis / Political Machine:
Rush Fires Back at Steele (Updates With Audio)
Lost in Transition:
Panel Says Ron Kirk Underpaid Taxes  —  (Credit: Nicholas Kamm/AFP/Getty Images)  —  Leaders of the Senate Finance Committee this afternoon revealed that another of President Obama's nominees — U.S. Trade Representative-designate Ron Kirk — has tax problems.
Discussion: Dan_McLaughlin's blog
Andrew Malcolm / Top of the Ticket:
Another Obama pick owes back taxes, but it's OK because, now caught, he'll pay up  —  Oh, Sergei, you mean you've lost another submarine?  —  Word today that yet another Barack Obama appointee has a little problem with taxes — a $10,000 problem.  —  Ron Kirk, the former mayor of Dallas …
Michael D. Shear / Washington Post:
Tax Problems Surface for Trade Rep. Nominee Kirk
Noel Sheppard / Fox News:
Report: Obama Offers to Scrap Missile Shield If Russia Cooperates on Iran
Discussion: Closing Velocity and Hot Air
John R. Bolton / Wall Street Journal:
Iran Clenches Its Fist
Associated Press:
Obama releases secret Bush anti-terror memos  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - The Obama administration threw open the curtain on years of Bush-era secrets Monday, revealing anti-terror memos that claimed exceptional search-and-seizure powers …
Glenn Reynolds / Instapundit:
THE DOW-JONES INDUSTRIAL AVERAGE since the passage of the stimulus bill.  Looks like a vote of “no confidence” to me.  —  UPDATE: Can you say “going John Galt?”  Upper-Income Taxpayers Look for Ways to Sidestep Obama Tax-Hike Plan.  “A 63-year-old attorney based in Lafayette, La. …
Marilyn / Taxpayers for Common Sense:
Facebook Reddit Digg Print this article  —  Here's the database you all have been waiting for - the FY 2009 Omnibus with 8,570 earmarks worth $7.7 billion.  Since the Senate started debate on the bill today, we tabulated the Senate recipients of earmarks - from top to bottom.
Charles Duhigg / New York Times:
Fannie and Freddie Are Unlikely to Be Restored  —  Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully return to private hands, lawmakers and company executives are beginning to quietly acknowledge.
Discussion: Cafe Hayek and THE ASTUTE BLOGGERS
Glenn Greenwald / Salon:
Is Obama embracing the lawless, omnipotent executive?  —  (updated below - Update II)  —  As I detailed over the weekend, the Obama administration — in the case brought by two American lawyers and their charity-client claiming that their conversations were illegally intercepted …
Megan McArdle:
How low will the stock market go  —  According to Henry Blodget, probably a lot farther: … Incidentally, if you think that people still have a vestigial view of housing as an investment asset rather than a consumption good with residual value, this implies that housing will substantially undershoot as well.
Andy Barr / The Politico:
Blago lands six-figure book deal  —  Former Gov. Rod Blagojevich (D-Ill.) has landed a six-figure book, his book publisher announced Monday.  —  The former governor signed with independent publisher Phoenix Books.  The exact terms of the deal were not disclosed, but the figure is significantly less …
Mark Silva / The Swamp:   Blagojevich's book deal: ‘Six figures’
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 More Items: 
Right Wing News:
An Interview With Michael Medved
Discussion: The Jawa Report
Emily Kaiser / Reuters:
U.S. rescue efforts may risk double-dip recession
Discussion: Wizbang
Alexandra Twin /
Dow below 7,000  —  Blue-chip measure drops to levels …
Wall Street Journal:
‘Bad Bank’ Funding Plan Gets Fleshed Out
Rich Lowry / The Corner:
A Dow Unworthy of FDR
Abortion could influence Sebelius confirmation
Discussion: Daily Kos
Josh Kraushaar / The Politico:
CNBC's Kudlow mulls Senate bid
 Earlier Items: 
Financial Times:
BofA chief admits Merrill aid ‘mistake’
Ross Douthat:
Rush and Oprah  —  Hugh Hewitt writes that Limbaugh's speech at CPAC …
Discussion: Eunomia and AmSpecBlog
Brad Plumer / The New Republic:
Are Scientific Breakthroughs Overrated?
Discussion: The Bellows

From Techmeme:

Emma Roth / The Verge:
The US DOJ sues Adobe for allegedly harming “consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing” plan terms

Chance Miller / 9to5Mac:
Apple says it will no longer offer Apple Pay Later, the BNPL service launched in the US in 2023, and will focus on installment loan features coming in 2024

María Paula Mijares Torres / Bloomberg:
Stablecoin provider Tether says it made a synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on the Ethereum Mainnet blockchain

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