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12:20 AM ET, March 3, 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.”
Michelle Malkin:
A note to Michael Steele; Update: Steele agrees that GOP convention looked like “Nazi Germany;” Update: A non-apology apology  —  Scroll for updates...Steele non-apologizes to Limbaugh...No word on the “Nazi Germany"/GOP convention slur...  I said positive things about RNC chairman Michael Steele …
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: Reidblog and Lynn Sweet
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
Discussion: Flopping Aces and Eunomia
The New Majority:
Discussion: The Moderate Voice and Eunomia
Mark Silva / The Swamp:
GOP's Steele: Limbaugh not 'bogeyman"
Discussion: Spin Cycle
Peter Baker / New York Times:
Obama Offered Deal to Russia in Secret Letter
Discussion: Cafe Talk Aggregator
Noel Sheppard / Fox News:
Report: Obama Offers to Scrap Missile Shield If Russia Cooperates on Iran
Discussion: Closing Velocity and Hot Air
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. …
Rich Lowry / The Corner:   A Dow Unworthy of FDR
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
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 …
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: naked capitalism and Cafe Hayek
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.
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.
Discussion: Clusterstock
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 …
Floyd Norris / New York Times:
Dow Falls Below 6,800; Lowest Close Since '97  —  Fears that the world's economies are even weaker than had been thought ricocheted around the globe on Monday as investors from Hong Kong to London to New York bailed out of stocks.  —  Losses cascaded from one market to the next as concern spread …
Pelosi Snowed-Out of Global Warming Rally  —  ( - Speaker of the House Nancy Pelosi (D-Calif.) had to cancel an appearance Monday at a global warming rally in Washington, D.C., that was hit by a snowstorm because her flight was delayed, her office told
Emily Kaiser / Reuters:
U.S. rescue efforts may risk double-dip recession  —  WASHINGTON (Reuters) - U.S. companies, consumers and communities may grow so addicted to government financial help that cutting them off could trigger another recession soon after the current one ends.  —  Between the U.S. Federal Reserve's …
Discussion: Wizbang
Darlene Superville / Associated Press:
Obama kicks up White House entertaining  —  WASHINGTON (AP) - The White House is the place to be on Wednesdays.  —  Since the presidency changed hands less than six weeks ago, a burst of entertaining has taken hold of the iconic, white-columned home of America's head of state.  Much of it comes on Wednesdays.
US Department of Justice:
Department of Justice Releases Nine Office of Legal Counsel Memoranda and Opinions  —  WASHINGTON — The Department of Justice today released two previously undisclosed Office of Legal Counsel (OLC) memoranda and seven previously undisclosed opinions.  —  “Americans deserve a government …
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 More Items: 
Rob Stein / Washington Post:
Researchers Find Safer Way to Produce Stem Cell Alternative
Nolan Finley / Detroit News:
Commentary: Elect a crazy council, get crazy results
Right Wing News:
An Interview With Michael Medved
Discussion: The Jawa Report
Alexandra Twin /
Dow below 7,000  —  Blue-chip measure drops to levels …
Wall Street Journal:
‘Bad Bank’ Funding Plan Gets Fleshed Out
Lynn Sweet:
Blagojevich lands book deal. Will pull no punches.
Jonathan Cohn / The Treatment:
The Early Word on Nancy-Ann Min DeParle
 Earlier Items: 
Abortion could influence Sebelius confirmation
Discussion: Daily Kos
Josh Kraushaar / The Politico:
CNBC's Kudlow mulls Senate bid
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
John R. Bolton / Wall Street Journal:
Iran Clenches Its Fist