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11:30 AM ET, March 17, 2009

memeorandum

 Top Items: 
Washington Post:
Anger Over Firm Depletes Obama's Political Capital  —  President Obama's apparent inability to block executive bonuses at insurance giant AIG has dealt a sharp blow to his young administration and is threatening to derail both public and congressional support for his ambitious political agenda.
RELATED:
Andrew Ross Sorkin / New York Times:
The Case for Paying Out Bonuses at A.I.G.  —  Do we really have to foot the bill for those bonuses at the American International Group?  —  It sure does sting.  A staggering $165 million — for employees of a company that nearly took down the financial system.  And heck, we, the taxpayers, own nearly 80 percent of A.I.G.
Washington Post:
Rage at AIG Swells As Bonuses Go Out  —  Fed Decided Payouts Couldn't Be Stopped  —  A tidal wave of public outrage over bonus payments swamped American International Group yesterday.  Hired guards stood watch outside the suburban Connecticut offices of AIG Financial Products …
Nigel Duara / Associated Press:
Senator suggests AIG execs should kill themselves  —  Featured Topics: - Barack Obama - Presidential Transition  —  IOWA CITY, Iowa - Iowa Sen. Charles Grassley suggested that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant by resigning or killing themselves.
Louise Story / New York Times:
Goldman Offers Loans to Stretched Employees  —  Goldman Sachs got its bailout.  Now some of its bankers, those aristocrats of Wall Street, apparently need a bit of a bailout too.  —  Goldman, which accepted billions of taxpayer dollars last fall and, as learned Sunday …
Martin Kady II / The Politico:
Grassley on AIG execs: Quit or suicide  —  Sen. Charles Grassley is so angry over AIG bonuses that he says the executives should resign or kill themselves.  —  In a comment aired this afternoon on WMT, an Iowa radio station, Grassley (R-Iowa) said: “The first thing that would make me feel …
Charles Lemos / MyDD:
The Silliness at The Washington Post
Discussion: TIME.com
Big Tent Democrat / TalkLeft:
AIG Bonuses: Moral Theory of Contract?
Discussion: Clusterstock
Michael Virtanen / Associated Press:
Cuomo to probe AIG bonuses for possible fraud
Discussion: Think Progress
Mark Silva / The Swamp:
Grassley: AIG's ‘suicide’ obligations
Discussion: Think Progress and TIME.com
Michael Calderone / The Politico:
JournoList: Inside the echo chamber  —  For the past two years, several hundred left-leaning bloggers, political reporters, magazine writers, policy wonks and academics have talked stories and compared notes in an off-the-record online meeting space called JournoList.  —  Proof of a vast liberal media conspiracy?
Lydia Saad / Gallup:
Majority Receptive to Law Making Union Organizing Easier  —  But most Americans not closely following news about union bill in Congress  —  PRINCETON, NJ — A new Gallup Poll finds just over half of Americans, 53%, favoring a new law that would make it easier for labor unions to organize workers; 39% oppose it.
RELATED:
Richard Cohen / Washington Post:
Don't Blame Jim Cramer  —  What Jon Stewart needs is Jon Stewart.  He could use a droll comedian to temper his ferocity and correct him when he's wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer.  They didn't cover up the story of financial shenanigans.
RELATED:
Byron York / www.dcexaminer.com:
Why tax problems have plagued Team Obama  —  Treasury Secretary Timothy Geithner speaks at the Treasury Department in Washington, detailing the Obama Administrations plans for the economic recovery.  It's been a recurring question about the young Obama administration: Why have so many of its nominees come down with tax problems?
Discussion: RedState and Betsy's Page
RELATED:
Cyra Master / The Atlantic Business Channel:
Members Looking For Relief For Madoff Fraud Victims
Discussion: The American Scene
Eli Lake / Washington Times:
EXCLUSIVE: Israel's national security aide barred from U.S.  —  Former Israeli spy linked to Pentagon leak  —  Uzi Arad, who is expected to serve as national security adviser in the next Israeli government, has been barred from entering the United States for nearly two years on the grounds that he is an intelligence risk.
Financial Times:
Mexico to impose sanctions on US exports  —  ByAlan Beattie in Washington and Adam Thomson in Mexico City  —  A long-simmering trade dispute boiled over into sanctions on Monday after Mexico said it would raise tariffs on $2.4bn of US exports in retaliation for ending a pilot programme to allow Mexican trucks on American roads.
Discussion: The Foundry and Don Surber
RELATED:
BBC:   US law sparks Mexican trade row
Keith Bradsher / New York Times:
In Downturn, China Sees Path to Growth  —  GUANGZHOU, China — The global economic downturn, and efforts to reverse it, will probably make China an even stronger economic competitor than it was before the crisis.  —  China, the world's third-largest economy behind the United States and Japan …
RELATED:
Ariana Eunjung Cha / Washington Post:
Aided by Financial Crisis, China Snaps Up Natural Resources Worldwide
Discussion: FP Passport and Taylor Marsh
Jeffrey Goldberg:
The Lieberman Disaster  —  Not this Lieberman, this Lieberman.  It's not a disaster for the reasons some people think; I know Avigdor Lieberman a little bit, and he's actually a person interested in a cold compromise with the Palestinians.  It's a disaster because he's made himself into a racist.
Discussion: Ben Smith's Blog and Swampland
David Brooks / New York Times:
The Commercial Republic  —  Over the centuries, the United States has been most conspicuous for one trait: manic energy.  Americans work longer hours than any other people.  We switch jobs more frequently, move more often, earn more and consume more.  —  This energy was first aroused by abundance …
Christopher Beam / Slate:
Ron Paul's insane cameo in the upcoming Bruno movie.  —  Note: This article contains spoilers about Sacha Baron Cohen's upcoming movie, Bruno.  —  Presidential candidates will do almost anything for publicity.  But Ron Paul's appearance in Sacha Baron Cohen's upcoming Bruno movie suggests …
Steve Benen / Washington Monthly:
ZAKARIA, OBAMA, AND ‘THE ESTABLISHMENT’.... Last week, Newsweek's Howard Fineman said President Obama needs to invest more energy in impressing the Washington establishment.  This week, Fareed Zakaria, Fineman's Newsweek colleague, suggests the Washington establishment doesn't know what it's talking about.
Discussion: The Daily Dish
 
 
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 More Items: 
Associated Press:
Justice Ginsburg says she will have chemotherapy
Jim Lindgren / The Volokh Conspiracy:
Illinois's special shame continues: Governor Confuses Democracy with Socialism.
Discussion: MSNBC
Carol E. Lee / The Politico:
VP: Obama's job harder than FDR's
Discussion: TIME.com and Associated Press
Karen DeYoung / Washington Post:
U.S. Moves to Replace Contractors in Iraq
 Earlier Items: 
Bryan Bender / Boston Globe:
Gates readies big cuts in weapons
Discussion: Donklephant and abu muqawama
Mary Ann Akers / The Sleuth:
Congressman Touts Shaved Golden Retriever for First Dog
Discussion: The Moderate Voice
Eugene Robinson / Washington Post:
A Hand in the Health Care Debate
Discussion: Townhall.com
Scott Wilson / Washington Post:
Obama Team Derides Cheney's Criticisms