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11:30 AM ET, March 23, 2009

memeorandum

 Top Items: 
Timothy Geithner / Wall Street Journal:
My Plan for Bad Bank Assets  —  The private sector will set prices.  Taxpayers will share in any upside.  —  The American economy and much of the world now face extraordinary challenges, and confronting these challenges will continue to require extraordinary actions.
RELATED:
Paul Krugman / New York Times:
Financial Policy Despair  —  Over the weekend The Times and other newspapers reported leaked details about the Obama administration's bank rescue plan, which is to be officially released this week.  If the reports are correct, Tim Geithner, the Treasury secretary, has persuaded President Obama …
Jane Hamsher / Firedoglake:   Timothy Geithner: Making Countrywide Executives Rich Again
Neil Irwin / Washington Post:
Treasury: Toxic Asset Prices to Be Determined by Auction
Discussion: marbury
Brian Knowlton / New York Times:
Treasury Details Plan to Buy Risky Assets
Discussion: TalkLeft and NPR Blogs
Howard Kurtz / Washington Post:
Man of the Hour  —  With Steve Kroft as Lead Correspondent, ‘60 Minutes’ Is Ticking Right Along  —  On the night of the Emmys last fall, when one of his stories was up for an award and his tuxedo-clad colleagues were leaving for the ceremony, Steve Kroft stayed at the office until 1 a.m. …
RELATED:
Steve Benen / Washington Monthly:
HE'S NOT ‘PUNCH DRUNK’.... For a while, the lead story from Politico last night was the idea that President Obama chuckled a little too much during his interview with Steve Kroft on “60 Minutes.”  The headline on the piece read, “Kroft to Obama: Are you punch-drunk?”
John Heilemann / New York Magazine:
Inside Obama's Economic Brain Trust  —  It's not pretty at this moment.  —  Tim Geithner boarded the 6 a.m. US Airways shuttle to Washington last Wednesday at La Guardia, slid his rail-thin frame into seat 5C, then stared into the middle distance.  Geithner is invariably described as boyish …
Discussion: Clive Crook
Mark Silva / The Swamp:
Obama ‘punch drunk?’ — ‘Gallows humor’
The Politico:
Kroft to Obama: Are you punch-drunk?
Ann Althouse / Althouse:
500 miles later, I'm back in Madison.  —  Did you understand the previous post?  If not, the answer — along with much congratulations and debate — appears in the comments, notably here.  Let there be no doubt about it: A blogger — Althouse — is engaged to be married to a man who began …
Kevin Bogardus / The Hill:
Obama budget takes hits from both sides  —  As President Barack Obama's budget enters its first make-or-break week, his plan for the federal government is having the most trouble with perhaps its most needed constituency: Washington lawmakers.  —  On Sunday, politicians from both sides …
RELATED:
The Politico:
GOP licks chops over Dem stumbles
Discussion: Reuters
Alex Knapp / Outside The Beltway | OTB:
Tea Parties, Going Galt, Iraq, and Delicious Irony  —  I've been following the growing “Tea Party” and “Going Galt” movements with no small amount of amusement, in part because there is really just too much sweet, delicious irony surrounding both of these groups of people (who, I might add, are largely the same people).
Gateway Pundit:
Obama Upsets Sarkozy With Letter to Jacques Chirac  —  In his latest faux pas Obama managed to pi$$ off France...  President Obama wrote Jacques Chirac saying he was looking forward to working with the former French president in the coming four years(?)  —  Monsters and Critics reported:
Fredric U. Dicker / New York Post:
GOV PLOTS SECRET TAX HIKE ON RICH  —  GOV. PATERSON and legislative Democrats have secretly agreed on an $8 billion, two- year tax hike on individuals making more than $500,000 a year that will “sunset” around the time he plans to run for election in 2010, legislative sources told The Post.
RELATED:
Elizabeth Benjamin / NY Daily News:
Benjamin: Chaos, dysfunction plagued gov as minority leader
Discussion: Runnin' Scared and MSNBC
Amanda Terkel / Think Progress:
I Was Followed, Harassed, And Ambushed By Bill O'Reilly's Producer  —  I Was Followed, Harassed, And Ambushed By Bill O'Reilly's Producer  —  On March 1, ThinkProgress picked up on a story by News Hounds, which noted that Fox News host Bill O'Reilly — who has made controversial comments …
Discussion: Matthew Yglesias
Bill Carter / New York Times:
Matthews Renews Contract at MSNBC  —  Chris Matthews, the usually garrulous host of “Hardball” on MSNBC, has quietly signed a new long-term contract to remain with the cable network through the next election, signaling that he had quit entertaining any plans to run for a Senate seat.
Discussion: The Huffington Post and Gawker
Mike McGraw / McClatchy Washington Bureau:
Stimulus?  U.S. to buy Chinese condoms, ending Alabama jobs  —  Call it a condom conundrum.  —  At a time when the federal government is spending billions of stimulus dollars to stem the tide of U.S. layoffs, should that same government put even more Americans out of work by buying cheaper foreign products?
Discussion: Reason and The Other McCain
The Huffington Post:
Howard Dean To Become Regular CNBC Contributor  —  Former DNC Chair Howard Dean will become a regular contributor for the business news network CNBC, a source close to the former Vermont Governor confirms.  Dean started his new gig on Monday morning with a guest-hosting appearance on the station.
Josh Marshall / Talking Points Memo:
WOW, I NEEDED THAT  —  As part of their efforts to make the scale and scope of Bernie Madoff's crimes clear to Judge Denny Chin in deciding the terms of his plea, confinement and eventual sentencing, the folks at the US Attorney's Office for the Southern District of New York submitted emails …
Discussion: Firedoglake
Stephanie Simon / Wall Street Journal:
Texas School Board Set to Vote on Challenge to Evolution  —  The Texas Board of Education will vote this week on a new science curriculum designed to challenge the guiding principle of evolution, a step that could influence what is taught in biology classes across the nation.
Discussion: The Bellows
ABCNEWS:
JPMorgan Chase To Spend Millions on New Jets and Luxury Airport Hangar  —  Outraged Critics Decry the Proposal, Call For Bank To Abandon Plans  —  Embattled bank JPMorgan Chase, the recipient of $25 billion in TARP funds, is going ahead with a $138 million plan to buy two new luxury corporate jets and build …
Discussion: Swampland
Ben Hoyle / Times of London:
Nicholas Hughes, Sylvia Plath's son commits suicide  —  The son of the poets Ted Hughes and Sylvia Plath has taken his own life, 46 years after his mother gassed herself while he slept.  —  Nicholas Hughes hanged himself at his home in Alaska after battling against depression for some time, his sister Frieda said yesterday.
Discussion: On Deadline and Gawker
 
 
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 More Items: 
Myglesias / Matthew Yglesias:
The Geithner Plan and Congress
Petula Dvorak / Washington Post:
D.C. Homeless People Use Cellphones, Blogs and E-Mail to Stay on Top of Things
Andrew Sullivan / Times of London:
Give Obama more time. Then give him hell
Discussion: The Daily Dish
Wall Street Journal:
A Smoot-Hawley Moment?  —  Congress on AIG and banks: ‘Oppressive, unjust and tyrannical.’
Discussion: PointOfLaw Forum
Mary Pemberton / Associated Press:
Alaska volcano Mount Redoubt erupts 5 times
Sarah Lyall / New York Times:
Sweden Says No to Saving Saab, a National Icon
Andrew Breitbart / Washington Times:
Dreaming of President Petraeus and an American surge
 Earlier Items: 
Dan Zak / Washington Post:
Skewers, but Not Much Sizzle, At Obamaless Gridiron Dinner
E.J. Dionne Jr / Washington Post:
President Obama Fighting the Politics of Evasion
Roger Cohen / New York Times:
From Tehran to Tel Aviv
Discussion: Israel Matzav and TPMCafe
Warren Richey / Christian Science Monitor:
Was 'Hillary: The Movie" wrongly censored?