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8:45 PM ET, March 18, 2009

memeorandum

 Top Items: 
CNN:
Dodd: I was responsible for bonus loophole  —  (CNN) — Senate Banking committee Chairman Christopher Dodd told CNN Wednesday that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored.
RELATED:
Massimo Calabresi / Time:
Treasury Learned of AIG Bonuses Earlier Than Claimed  —  Though Treasury Secretary Timothy Geithner told Congressional leaders Tuesday he only learned of the impending $160 million bonus payments to members of AIG's troubled financial products unit March 10, sources tell TIME that the New …
Edward M. Liddy / Washington Post:
Repairing AIG and Repaying the Public  —  The government rescue of American International Group (AIG) and other financial firms has produced a palpable wave of anger on the part of Americans and a rising public demand for accountability from corporate and government leaders.
Lymari Morales / Gallup:
Outraged Americans Want AIG Bonus Money Recovered  — USA - Credit Crisis - Financial Services - Government and Politics - Americas - Northern America  —  WASHINGTON, D.C. — Three in four Americans (76%) want the government to take actions to block or recover the bonuses insurance giant AIG paid …
David Espo / Associated Press:
Analysis: White House, Dems backpedaling on AIG
Discussion: Power Line, Wizbang and The Politico
Christopher Keating / Hartford Courant:   Dodd Under Fire For Legislation Behind AIG Bonuses
Tucker Carlson / Blogs and Stories:
How Jon Stewart Went Bad  —  Inside Fritzl's Dungeon by Barbie Latza Nadeau  —  Blogs and Stories  —  There is a virtual ban on criticism of him in the press.  Uncritical praise corrupts absolutely.  —  Jon Stewart's recent attack on CNBC's Jim Cramer was so brilliantly performed …
Discussion: Will Wilkinson
RELATED:
The Huffington Post:
Stewart On Obama's Plan For Veterans' Insurance: 'That Can't Be Right'  —  Last night's segment on the “smaller outrage” that is the announced plan to ask our military veterans to use their private insurance to cover combat related injuries won't garner the ire of the AIG bonus baby bailout …
David Kaplan / paidContent.org:
@ McGraw-Hill: NBCU's Zucker Calls Out Jon Stewart: Blaming CNBC Is ‘Absurd’
Discussion: MarketWatch and City Room
Jeff Jarvis / BuzzMachine:
Not my fault  —  “Criticism of CNBC is way out of line,” …
Discussion: BLTv and Wilshire & Washington
Paul Thomasch / Reuters:   NBC boss: Jon Stewart's criticism absurd, unfair
Roxana Tiron / The Hill:
Obama backs off plan to alter vets' healthcare  —  The White House on Wednesday backed off a controversial plan that would have dramatically altered the way the Department of Veterans Affairs (VA) handles insurance claims, after veterans groups staged an all-out fight against such a proposal.
RELATED:
Jen DiMascio / The Politico:   Obama backtracks on veterans policy
Ed Morrissey / Hot Air:
Obama administration ditches soak-wounded-vets policy
Board of Governors of the Federal Reserve System:
For immediate release  —  Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract.  Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending.
RELATED:
Edmund L. Andrews / New York Times:
Fed to Buy $1 Trillion in Securities to Aid Economy  —  WASHINGTON — Saying that the recession continues to deepen, the Federal Reserve announced Wednesday that it would pump an extra $1 trillion into the mortgage market and longer-term Treasury securities in order to revive the economy.
Noemie Emery / www.dcexaminer.com:
Palinphobes and the audacity of type  —  Now that the Obama presidency is nearing the 60-day mark, it's time to thank those fastidious scribes on the left and the right who worked so hard to warn us against Gov. Sarah Palin of Alaska, and the dire things that would surely occur if she ever got close to executive power.
RELATED:
Ben Smith / Ben Smith's Blog:
Palin clashes with feds on wolves
Discussion: Weekly Standard
The Politico:
Dodd facing fresh political firestorm  —  Featured Topics: - Barack Obama - Presidential Transition  —  Sen. Chris Dodd (D-Conn.) looks like he may be facing a fresh political firestorm.  —  Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation …
Discussion: Donklephant
RELATED:
Matt Lira / Office of the Republican Whip:
House Democrats Vote to Let AIG Keep Bonuses  —  Moments ago on the House floor, Democrats did something truly remarkable - they voted to let AIG executives keep their taxpayer-financed bonuses.  As you know, this week, $165 million was awarded to 73 AIG employees primarily …
Discussion: RedState, Gateway Pundit and Hot Air
Greg Sargent / The Plum Line:
Split Emerging Between Conservative Media And GOP Leadership On AIG Mess  —  Here's an interesting subplot developing amid the AIG mess: The emerging split between leading conservative media figures and GOP leaders over how to respond.  —  GOP Congressional leaders have roundly condemned AIG …
Discussion: Balloon Juice
RELATED:
Pete Winn / CNSNews:
Army Investigating How and Why Troops Were Sent Into Alabama Town After Murder Spree  —  (CNSNews.com) - The U.S. Army has launched an inquiry into how and why active duty troops from Fort Rucker, Ala., came to be placed on the streets of Samson, Ala., during last week's murder spree in that tiny South Alabama community.
Andy Katz / ESPN:
Presidential pick 'em at the White House  —  ESPN.com takes an exclusive look at President Obama's bracket  —  WASHINGTON, D.C. — President Barack Obama has studied Lincoln and FDR to help guide him through the early stages of his presidency.  —  But he is very much a modern man …
Brad Jacobson / The Raw Story:
Feds were involved in ACORN raid in Nevada, officials say  —  US Attorney allegedly involved appointed after US Attorney firings  —  Federal agencies were involved in the decision to raid the office of the Association of Community Organizations for Reform Now (ACORN) in Nevada last October …
Discussion: The BRAD BLOG
RELATED:
The Huffington Post:   Officials Disagree Over F.B.I. and U.S. Attorney Involvement …
Tom Gross Mideast Media Analysis:
Exclusive: This is CNN (& BBC-UNRWA connection revealed)  —  * CNN Jerusalem producer's shocking public outburst against Israel (see video below)  —  * Revealed: UNRWA spokesman who lied about Israel's shelling of a school previously worked at the BBC with Jeremy Bowen
Ben Katcher / The Washington Note:
Guest Post by Lawrence Wilkerson: Some Truths About Guantanamo Bay  —  Lawrence B. Wilkerson was chief of staff to Secretary of State Colin Powell and is chairman of the New America Foundation/U.S.-Cuba 21st Century Policy Initiative.  —  There are several dimensions to the debate …
Alec MacGillis / Washington Post:
Union Engages in Labor Dispute With Its Own Employees  —  As it helps push for legislation that would make it easier for workers to organize, the country's fastest-growing union is engaged in its own labor dispute with employees it is seeking to lay off.  —  The Service Employees International Union …
Matt Corley / Think Progress:
The Husband Of Fox News' Greta Van Susteren Is A ‘Protector Of The Palin Brand’  —  During the presidential campaign, Fox News's Greta Van Susteren had perhaps the best access to Alaska Gov. Sarah Palin of any journalist.  In September, she hosted a one-hour “documentary” …
Victoria McGrane / The Politico:
Dems announce bill to tax bonuses  —  Featured Topics: - Barack Obama - Presidential Transition  —  The AIG bonuses outrage has Congress moving at warp-speed.  —  House Democratic leaders announced that a bill designed to tax the bonuses out of existence will come to the House floor Thursday …
Discussion: Associated Press
Greg Sargent / The Plum Line:
New GOP Talking Points: Obama Administration Is “Most Politically Obsessed White House In History”  —  A Republican sends over a new set of GOP talking points for House conservatives — privately circulated this week to scores of GOP press secretaries on the Hill — that blasts the Obama administration as …
Magazine Publishers of America:
ASME Announces 44th Annual National Magazine Award Finalists  —  The New Yorker, GQ, New York, Esquire and National Geographic Capture Most Ellie Nominations  —  Magazine Industry Celebrates Finalists on April 30 at Jazz at Lincoln Center  —  Sid Holt, Chief Executive of the American Society …
Richard Florida / Creative Class:
Are Bailouts Saving the U.S. from a New Great Depression?  —  Citing Justin Fox's terrific chart of unemployment then and Kevin Drum's comments, the always-insightful Matt Yglesias writes: … Yglesias is right: It's hard to say exactly what might have happened without the bailouts and stimulus.
Discussion: Matthew Yglesias
 
 
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 More Items: 
Joe McGinniss / Portfolio:
Pipe Dreams  —  Forget “Drill, baby, drill.”
Discussion: The Note and The Mudflats
Josh Marshall / Talking Points Memo:
LOOKING FURTHER  —  In a series of posts last night I looked …
Discussion: Hullabaloo and Daily Kos
William Lajeunesse / Fox News:
Pelosi Tells Illegal Immigrants That Work Site Raids are Un-American
Discussion: QandO
Teddy Davis / The Note:
Clinton Loyalist Accepts Undersecretary of State Offer
Discussion: The Politico
DealBook:
Judge Rules Against Merrill on Keeping Bonuses Secret
Discussion: TIME.com and Runnin' Scared
David Kurtz / Talking Points Memo:
THAT'LL WORK  —  AIG CEO Edward Liddy: We'll ask the bonus recipients …
Jeff Poor / The Business & Media Institute:
GOP Leadership to Issue the iPod Touch to House Republicans
 Earlier Items: 
Josef Adalian / TVWeek.com:
Networks Grumbling About Another Obama Primetime Speech
Discussion: Taegan Goddard's … and TIME.com
The Politico:
Boehner: Geithner in serious trouble
Discussion: TIME.com
Marcia Coyle / LAW.com:
Study concludes a well-worn gripe may be right: ABA ratings …
Discussion: Bench Memos and Law Blog
Myglesias / Matthew Yglesias:
A Center-Right Nation Forever
WNYC News Blog:
Eliot Spitzer on AIG
Discussion: The Swamp and The Daily Politics