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8:20 PM ET, March 21, 2009

memeorandum

 Top Items: 
Paul Krugman:
Despair over financial policy  —  The Geithner plan has now been leaked in detail.  It's exactly the plan that was widely analyzed — and found wanting — a couple of weeks ago.  The zombie ideas have won.  —  The Obama administration is now completely wedded to the idea …
RELATED:
James K. Galbraith / Firedoglake:
James K. Galbraith Reponds to Geithner's Toxic Asset Plan  —  I've just been reading the NYT report.  —  The central Treasury assumption, at least for public consumption, seems to be that the underlying mortgage loans will largely pay off, so that if the PPIP buys and holds …
Discussion: TPMCafe and Corrente
John Cole / Balloon Juice:
The Geithner Plan  —  The reviews are in on the leaked Geithner plan, and we are going to do something different here for a change.  We are not going to listen to people who have been wrong about everything, and instead are going to listen to people who have been more right than wrong.
Binyamin Appelbaum / Washington Post:
Bankers Press Case Against Punitive Tax
Discussion: AMERICAblog News
MJ Rosenberg / Mideast Peace Pulse:
Did Israel Intentionally Undermine Obama's Outreach To Iran?  —  Yesterday, when the New York Times inexplicably gave Shimon Peres' insulting message to Iran equal play with President Obama"s, I thought it might be no coincidence.  —  Peres, who is an uberhawk on Iran, suddenly sends …
RELATED:
David Warren / Real Clear Politics:
Too Clever by Half  —  It is now spring; the vernal equinox was reached Friday morning.  To celebrate, Barack Obama sent a video of himself to Iran.  —  This was one of several end-of-week media performances, as Mr. Obama went back into “campaign mode” after a break of several months.
Discussion: neo-neocon
New York Magazine:
Busload of Crazies to Tour Homes of AIG Executives This Weekend  —  Less than a year ago, the most repellent area bus tour we knew of was the one that induced Sex and the City-crazed tourists to put $40 on their Citi cards for a cupcake and a glimpse at Carrie Bradshaw's brownstone.  How times have changed!
Jesse J. Holland / Associated Press:
‘Hillary: The Movie,’ now showing at Supreme Court  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Months after its debut, “Hillary: The Movie” faces nine of the nation's toughest critics: the Supreme Court.  —  The justices' review of the slashing documentary financed …
RELATED:
Juan A. Lozano / Associated Press:
Double jeopardy in before US Supreme Court
Discussion: But As For Me
Joe Nocera / New York Times:
The Problem With Flogging A.I.G.  —  Can we all just calm down a little?  —  Yes, the $165 million in bonuses handed out to executives in the financial products division of American International Group was infuriating.  Truly, it was.  As many others have noted, this is the same unit whose …
RELATED:
Stephen Labaton / New York Times:
Administration Seeks Increase in Oversight of Executive Pay
Discussion: The Politico and Pajamas Media
Michelle Malkin:
Liveblogging the Lexington KY Tea Party; Ridgefield CT Tea Party protesters say “DUMP DODD;” 3k in Orlando; Raleigh NC represents  —  Scroll for updates...3,000 in Orlando...no national wire coverage of these thousands of protesters across the country, but AP covers measly anti-war protest turnout in Washington...
Ross Colvin / Reuters:
Obama says would not accept Geithner resignation  —  WASHINGTON (Reuters) - President Barack Obama said he would not accept Treasury Secretary Timothy Geithner's resignation if it was offered, according to excerpts from a television interview to be broadcast on Sunday.
Ed Morrissey / Hot Air:
Cap-and-trade traded away?  —  George Stephanopolous reported yesterday that Senate Democrats forced Barack Obama to choose between two break-the-bank policies for this year.  The White House apparently surrendered on cap-and-trade in order to get started on a massive overhaul of the nation's health-care delivery system.
Discussion: NewsBusters.org
RELATED:
Lisa Demer / Anchorage Daily News:
Palin's legal debts pile up  —  ‘SUBSTANTIAL’: Governor may create fund to pay the bills.  —  ldemer@adn.com  —  Gov. Sarah Palin owes more than a half million dollars to an Anchorage law firm that has defended her against ethics complaints, and she may create a legal fund to pay the bill, she said Friday.
Michael Wolff / Newser:
Barack Obama Is a Terrible Bore  —  Sheesh, the guy is Jimmy Carter.  —  That homespun bowling crap on Jay Leno, followed by the turgid, teachy fiscal policy lecture, together with the hurt defensiveness (and bad script for it) that everybody in Washington “is Simon Cowell …
Discussion: Commentary and Pajamas Media
RELATED:
Associated Press:
Sen. Dodd in the hot seat over AIG  —  Controversy appears to have exacerbated problems festering for years  —  HARTFORD, Conn. - Howard Rosenblatt voted for U.S. Sen. Christopher Dodd five years ago.  He won't do that again.  —  “It's time for Chris to resign,” said the 62-year-old owner …
Lolita C. Baldor / Associated Press:
Obama criticizes some Guantanamo release decisions  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - President Barack Obama says the U.S. hasn't done a good job sorting out who should be released from the Guantanamo Bay detention center.
Kris Maher / Wall Street Journal:
Three Companies to Back Proposal on Union Bill  —  Three big retailers are expected to back an alternative proposal next week on a hotly contested bill that would make it easier to unionize workplaces, a move some experts said would bolster the legislation's chance of passage.
Discussion: The Politico and Think Progress
 
 
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 More Items: 
RTO Trainer / pw:
They Came for the AIG Bonuses, but I was not an AIG Employee...
San Francisco Chronicle:
Obama plans huge pledge drive for his policies
Discussion: But As For Me and CBS News
Peter Slevin / Washington Post:
Decision on Minnesota Senate Seat Goes to Panel of Judges
Nafeesa Syeed / Associated Press:
Protests in Washington, Calif. call for war's end
 Earlier Items: 
Matthew Lee / Associated Press:
E-diplomacy? Hillary Clinton embraces new media
Discussion: Agence France Presse
Mary Anastasia O'Grady / Wall Street Journal:
Now Is No Time to Give Up on Markets
Mark Sherman / Associated Press:
Obama could make top high court lawyer a justice
Discussion: TIME.com and The Politico
Park Chan-Kyong / Agence France Presse:
North Korea confirms two Americans detained
Discussion: Hot Air
Liz Sidoti / Associated Press:
Analysis: Obama rhetoric, reality clash