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1:40 PM ET, March 2, 2009


 Top Items: 
Ali Frick / Think Progress:
RNC Chair Michael Steele on Limbaugh: 'Yes, it's incendiary.  Yes, it's ugly.'  —  Last night, RNC Chairman Michael Steele appeared on D.L. Hughley's show on CNN and disputed Hughley's statement that Rush Limbaugh “is the de facto leader of the Republican Party.”  “I'm the de facto leader of the Republican Party!”
Peter Hamby / CNN:
Emanuel says Limbaugh GOP leader, Cantor rejects ‘fail’ remark  —  WASHINGTON (CNN) — White House chief of staff Rahm Emanuel said Sunday that Rush Limbaugh is the face of the GOP.  —  “He is the voice and the intellectual force and energy behind the Republican party …
GOP chairman says he leads party, not Rush Limbaugh  —  WASHINGTON (CNN) — Republican Party Chairman Michael Steele is taking issue with the notion that Rush Limbaugh is the de facto leader of the GOP, calling the conservative radio talk show host an entertainer whose comments can be ugly.
Discussion: Washington Monthly and Salon
Jonathan Martin / The Politico:
Limbaugh's latest attacker: RNC's Steele
Discussion: Bloomberg and Associated Press
Glenn Thrush / The Politico:
Pelosi's list: Who's on her bad side?  —  Featured Topics: - Barack Obama - Presidential Transition  —  Nancy Pelosi likes to keep lists.  —  As a young political protégé of her father, Baltimore Mayor Tommy D'Alesandro, the preteen speaker-to-be would spend hours leafing through …
Patrick O'Connor / The Politico:
Moderate Dems confront Pelosi  —  In a private meeting last week, Speaker Nancy Pelosi laid down a challenge to her moderate members who were complaining about a provision in the housing bill.  Stand up and air your grievances, she said.  —  A handful of those moderate members did just that …
Discussion: Daily Kos and Booman Tribune
Monica Davey / New York Times:
A Line Forms to Succeed Burris  —  CHICAGO — As Roland W. Burris, the junior senator from Illinois, took his first turn presiding over the Senate last week, hired staff members to fill his Washington office and announced co-sponsorship of a measure commemorating the role of slaves in building the Capitol …
Devlin Barrett / Associated Press:
AP Newsbreak: CIA destroyed 92 interrogation tapes  —  WASHINGTON (AP) — New documents show the CIA destroyed nearly 100 tapes of terror interrogations, far more than has previously been acknowledged.  —  The revelation Monday comes as a criminal prosecutor is wrapping up his investigation in the matter.
CIA Destroyed 92 Interrogation Tapes
Discussion: TalkLeft
New York Times:
A.I.G. Reports $61.7 Billion Loss as U.S. Gives More Aid  —  The federal government agreed Monday morning to provide an additional $30 billion in taxpayer money to the American International Group and loosen the terms of its huge loan to the insurer, even as the insurance giant reported a$61.7 billion loss …
Jose Antonio Vargas / Washington Post:
Web-Savvy Obama Team Hits Unexpected Bumps  —  Issues of Technology, Security and Privacy Slow the New Administration's Effort to Foster Instant Communication  —  The team that ran the most technologically advanced presidential campaign in modern history is finding it difficult to adapt that model to government.
Paul Krugman / New York Times:
Revenge of the Glut  —  Remember the good old days, when we used to talk about the “subprime crisis” — and some even thought that this crisis could be “contained”?  Oh, the nostalgia!  —  Today we know that subprime lending was only a small fraction of the problem.
Ronald Brownstein / The Atlantic Politics Channel:
Repudiating Bush  —  From his inauguration address forward, President Obama hasn't pulled any punches in criticizing the record of his predecessor, George W. Bush.  In that process—which reached a new peak with the release of the administration's budget plan last Thursday …
Howard Kurtz / Washington Post:
Covering Obama, Pushy Jake Tapper Presses His Points  —  One year after joining ABC News, Jake Tapper kept pushing his bosses — “annoyingly, irritatingly, incessantly,” he says — to let him cover the unfolding 2004 presidential campaign.  —  “I might not have been ready,” he admits now.
John R. Bolton / Wall Street Journal:
Iran Clenches Its Fist  —  The danger is that direct talks may facilitate, not reduce, threats to U.S. interests.  —  As Iran prepares to fire up its Bushehr nuclear reactor — and as the International Atomic Energy Agency governing board meets this week, again confronted with further progress …
Washington Post:
‘Potential’ Disruption?  —  REP. DAVID R. Obey (Wis.) and other congressional Democrats should spare us their phony concern about the children participating in the District's school voucher program.  If they cared for the future of these students, they wouldn't be so quick as to try to kill …
Jim McElhatton / Washington Times:
EXCLUSIVE: Sen. Hatch's secret drug firm links  —  Drugmaker money to Utah senator's charity escaped disclosure  —  The pharmaceutical industry that long has benefited from Sen. Orrin G. Hatch's legislative efforts has directed large sums of money to a charity he helped found …
Emily Friedman / ABCNEWS:
Upper-Income Taxpayers Look for Ways to Sidestep Obama Tax-Hike Plan  —  President Would Slap More Taxes on Those Who Make Over $250K to Fund Health Care  —  President Barack Obama's tax proposal - which promises to increase taxes for those families with incomes of $250,000 or more …
Discussion: Cato @ Liberty
Paul Krugman:
Failing the test  —  It's a depressing spectacle: on both sides of the Atlantic, policy-makers just keep falling short — and the odds that this slump really will turn into Great Depression II keep rising.  —  In Europe, leaders rejected pleas for a comprehensive rescue plan …
Ezra Klein / American Prospect:
NO PASTA.  JUST RICE.  —  Israel, it seems, has been denying shipments of pasta headed for Gaza.  Senator John kerry, who'd been visiting Israel, heard about the idle trucks filled with food aid and asked around.  “Israel does not define pasta as part of humanitarian aid,” he was told.
Discussion: Matthew Yglesias
Roger Cohen / New York Times:
Iran, the Jews and Germany  —  So a Jerusalem Post article says that I'm “hardly the first American to be misled by the existence of synagogues in totalitarian countries.”  —  The Atlantic Monthly's Jeffrey Goldberg finds me “particularly credulous,” taken in by the Iranian hospitality and friendliness that …
Jen DiMascio / The Politico:
Obama faces test on gay military ban  —  It is precisely the sort of knife fight no president wants to get into, especially in his first 100 days.  But it seems that President Barack Obama is about to get dragged down the same dark alley as Bill Clinton when he was forced to confront …
James Baker / Financial Times:
How Washington can prevent ‘zombie banks’  —  Beginning in 1990, Japan suffered a collapse in real estate and stock market prices that pushed major banks into insolvency.  Rather than follow America's tough recommendation - and close or recapitalise these banks - Japan took an easier approach.
New York Times:
Dow Falls Below 7,000, a Mark Last Seen in 1997  —  The Dow Jones industrial average continued is decline Monday, falling below 7,000 for first time since October 1997.  —  Shares declined on renewed concern about financial institutions, including the insurance giant, American International Group, and the banking giant, Citigroup.
Discussion: Clips & Comment and Gothamist
The New Republic:
Sympathy for the Limbaugh  —  Rush Limbaugh is drawing some ridicule for saying, “One thing we can all do is stop assuming that the way to beat [the Democrats] is with better policy ideas.”  But I think he's basically right.  Good ideas are meritorious.  But being meritorious isn't what wins elections.
Discussion: MoJo Blog Posts
New York Times:
President of Guinea-Bissau Said to Be Killed by Soldiers  —  Army troops shot dead the president of the tiny west African country of Guinea-Bissau early Monday, following a bomb attack that killed the army chief of staff, according to diplomats in the region.
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 More Items: 
Pamela Constable / Washington Post:
Tactical Success, Strategic Defeat
Discussion: Michael Yon and abu muqawama
Fredric U. Dicker / New York Post:
Discussion: City Room and Gothamist
Vivek Wadhwa / Business Week:
Why Skilled Immigrants Are Leaving the U.S.
Betsy Blaney / Associated Press:
Farmers worry as parts of Texas are driest in US
 Earlier Items: 
Darlene Superville / Associated Press:
Obama kicks up White House entertaining
August Cole / Wall Street Journal:
Founder, CEO of Blackwater Steps Aside, ‘Worn Out’
Discussion: TPMMuckraker
Tamara Audi / Wall Street Journal:
Proposition 8 Goes Back to Court
Brian Stelter / New York Times:
Copyright Holders Challenge Sites That Excerpt
Discussion: Green Sheet
David Charter / Times of London:
New ‘Iron Curtain’ will split EU's rich and poor
Michelle Singletary / Washington Post:
Hey, Bailout Snivelers: Hush. You Don't Need It.
Discussion: and Cafe Hayek
Anne Bayefsky / Forbes:
The Obama Administration Double-Deals On Israel

From Mediagazer:

Ashley Carman / Bloomberg:
Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, subscribers up 12% YoY to 246M, above est., and €266M operating income; SPOT jumps 12%+

Alex Weprin / The Hollywood Reporter:
YouTube Q2 ad revenue grew 13% YoY to $8.66B, vs. $8.93B est.; Google's subscriptions, platforms, and devices unit that includes YouTube TV had revenue of $9.3B

Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock Q2 revenue up 28% YoY to $1B, and a $348M loss, down from $651M in Q2 2023; paying subs were up 38% YoY to 33M but down from 33.5M in Q1

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