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12:00 PM ET, March 6, 2009

memeorandum

 Top Items: 
David Brooks / New York Times:
When Obamatons Respond  —  On Tuesday, I wrote that the Obama budget is a liberal, big government document that should make moderates nervous.  The column generated a large positive response from moderate Obama supporters who are anxious about where the administration is headed.
RELATED:
Andrew Malcolm / Top of the Ticket:
Michelle Obama serves food to D.C. poor and homeless, but...  First Lady Michelle Obama showed up Thursday as a surprise and welcome volunteer at Miriam's Kitchen, a soup kitchen for homeless poor people not far from the White House.  —  She brought with her some food donated by White House staff.
Jack Healy / New York Times:
651,000 Jobs Reported Lost in February  —  Another 651,000 jobs were lost in February, adding to the millions of people who have been thrown out of work as the economic downturn deepens.  —  In a stark measure of the recession's toll, the Bureau of Labor Statistics reported on Friday …
RELATED:
Chris Isidore / CNNMoney.com:
Unemployment hits 25-year high  —  Jobless rate hits 8.1% in February as a record-high 12.5 million people are unemployed.  —  NEW YORK (CNNMoney.com) — The U.S. economy continued to hemorrhage jobs in February, bringing total job losses over the last six months to more than 3.3 million …
Jeannine Aversa / Associated Press:
Jobless rate bolts to 8.1 pct., 651,000 jobs lost
RELATED:
The Politico:
Steele pushes back; rivals gripe  —  With Republican criticism of Michael Steele intensifying following his dust up earlier this week with Rush Limbaugh, the new Republican National Committee chairman's high command is moving to rebut claims that he's not up to leading the party.
Paul Krugman / New York Times:
The Big Dither  —  Last month, in his big speech to Congress, President Obama argued for bold steps to fix America's dysfunctional banks.  “While the cost of action will be great,” he declared, “I can assure you that the cost of inaction will be far greater, for it could result in an economy …
CNBC:
AIG ‘Was Going to Bring Down Europe’: Lawmaker  —  The U.S. government rescued giant insurer American International Group in part because its collapse would dramatically hurt European banks, a senior Democratic lawmaker said on Thursday.  —  The U.S. government has bailed out AIG [AIG Loading...
Discussion: AMERICAblog News
RELATED:
New York Times:
Undisclosed Losses at Merrill Lynch Lead to a Trading Inquiry  —  CHARLOTTE, N.C. — One Merrill Lynch trader apparently gambled away more than $120 million in the currency markets.  Others seemingly lost hundreds of millions on tricky credit derivatives.  —  But somehow all this red ink …
David Rogers / The Politico:
Omnibus still one vote short  —  Short by one vote, Senate Democrats abruptly pulled back Thursday night from completing action on a giant omnibus spending bill—forcing leaders to scramble to pass a stopgap measure to keep the government funded through next Tuesday.
RELATED:
Pete Harrison / Reuters:
Never waste a good crisis, Clinton says on climate  —  BRUSSELS (Reuters) - U.S. Secretary of State Hillary Clinton told an audience on Friday “never waste a good crisis,” as she highlighted the opportunity of rebuilding economies in a greener, less energy intensive model.
Matea Gold / Los Angeles Times:
Fox News' Glenn Beck strikes ratings gold by challenging Barack Obama  —  His success comes as Fox News embraces the role of voice of opposition to the new administration.  —  Reporting from New York — Before Glenn Beck started his new show on Fox News in January, he sat down with Roger Ailes …
Charles Krauthammer / Washington Post:
The Great Non Sequitur  —  The Sleight of Hand Behind Obama's Agenda  —  Forget the pork.  Forget the waste.  Forget the 8,570 earmarks in a bill supported by a president who poses as the scourge of earmarks.  Forget the “2 trillion dollars in savings” that “we have already identified …
Ben Adler / The Politico:
Newt Gingrich mulls a run  —  The Richmond Times-Dispatch reports that Newt Gingrich — who mulled running in 2008 — is now openly considering a 2012 bid. … One reality check on the Newt mania: He remains a deeply unpopular figure in America, having never rehabilitated himself …
RELATED:
Keith Johnson / Environmental Capital:
A Heated Exchange: Al Gore Confronts His Critic(s)  —  The Goreacle has spoken-again.  —  Former Vice President Al Gore repeated his message that climate change is a planetary emergency at the WSJ's Eco:nomics conference in California.  The Nobel-prize winner declined to take any questions from reporters …
Robert Reich / Salon:
Is Obama responsible for Wall Street's meltdown?  —  “Mad Money” host Jim Cramer.  —  Is Obama responsible for the meltdown of the Dow?  The consistently wrongheaded Wall Street Journal's editorial page says so, as does Republican Fox News, CNN's reliably demagogic Lou Dobbs, and now CNBC …
Michael J. Boskin / Wall Street Journal:
Obama's Radicalism Is Killing the Dow  —  A financial crisis is the worst time to change the foundations of American capitalism.  —  It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization …
Lincoln Mitchell / The Huffington Post:
My Challenge to Rush Limbaugh  —  Rush Limbaugh's challenge to debate President Obama should not, and of course will not, be taken seriously by the White House.  Debating a clownish, if frightening, entertainer like Limbaugh, even if he is, as Rahm Emanuel and others have pointed out …
Discussion: RedState
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Robert Barnes / Washington Post:
Nominee for Solicitor General Revises Her Opinion on Opinions  —  Perhaps every nominee committed a dark, regrettable act in the past that he or she hopes will never see the light, but unfortunately for Elena Kagan, hers was discovered pretty quickly after she was nominated to be solicitor general:
Discussion: Law Blog, Emptywheel and TPMDC
Fox News:
Rev. Wright Cautions: Obama 'Ain't Jesus'  —  President's longtime minister, Rev. Jeremiah Wright, says his former congregant is just like any other president and that he “ain't gonna improve your child's reading score.”  —  SELMA, Ala. — President Barack Obama's longtime minister …
Discussion: Political Machine
 
 
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 More Items: 
Maggie Haberman / New York Post:
WEINER'S ‘NAUGHTY’ HOTTIE$
Discussion: Gothamist and JammieWearingFool
Ann Scott Tyson / Washington Post:
Afghan Supply Chain a Weak Point
Elissa Gootman / New York Times:
Taking Sides on New York's School Chancellor
Discussion: Eduwonk and Flypaper
Ian Kerner, Ph.D. / MSNBC:
5 love lessons we can learn from the Obamas
Discussion: DISSENTING JUSTICE
Josh Kraushaar / The Politico:
Rep. Grayson won't hold his tongue
Discussion: Firedoglake and Associated Press
Tim Reid / Times of London:
Barack Obama bets the farm in $4 trillion poker game
 Earlier Items: 
Alex Frangos / Wall Street Journal:
Spitzer Is Back in D.C. — in Real Estate
Steven Mufson / Washington Post:
Corporate America's Icons Crumbling Under Global Recession
Discussion: The BLT
Michael Goldfarb / Weekly Standard:
Freeman on “Congresscritters”
Discussion: Israel Matzav
Washington Post:
CNN's Gupta Decides Against Surgeon General Position, Cites ‘Timing’
Discussion: Swampland and Shakesville