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9:10 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 …
New York Times:
U.S. Rounding Up Investors to Buy Bad Assets  —  WASHINGTON — Obama administration officials worked Sunday to persuade reluctant private investors to buy as much as $1 trillion in troubled mortgages and related assets from banks, with government help.  —  The talks came a day before the …
Michelle Malkin:
The David Copperfield School of Economic Recovery, Pt. II  —  Now what?  —  Last week, the Obama administration brought us a $1 trillion Federal Reserve magic trick hatched by the David Copperfield School of Economic Recovery — printing up a trillion buck and “pumping it into the U.S. economy” …
Martin Crutsinger / Associated Press:   New rescue effort called key to resuming lending
The Politico:
Kroft to Obama: Are you punch-drunk?  —  President Barack Obama said he believes the global financial system remains at risk of implosion with the failure of Citigroup or AIG, which could touch off “an even more destructive recession and potentially depression.”
RELATED:
Most Accounts / The Politico:
60 Minutes transcript  —  Featured Topics: - Barack Obama - Presidential Transition  —  Steve Kroft Michael Radutzky Frank Devine  —  AFTER CAMPAIGNING IN CALIFORNIA TO DRUM UP SUPPORT FOR HIS THREE POINT SIX TRILLION DOLLAR BUDGET, THE PRESIDENT SAT DOWN WITH US IN THE OVAL OFFICE …
Philip Elliott / Associated Press:
Obama: Anger isn't governing strategy
Discussion: Reuters and The Politico
Philip Elliott / Associated Press:
Obama links budget to environment
Discussion: Boston Globe, Time and The Politico
Philip Elliott / Associated Press:
GOP predicts doomsday if Obama budget passed
Discussion: Reuters, MyDD and But As For Me
John / Power Line:
ARE WE GOING BANKRUPT?  —  Senator Judd Gregg says that Barack …
Discussion: Times of London
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:
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 …
Glenn Greenwald / Salon:
Various matters  —  (updated below)  —  (1) The New York Times Public Editor, Clark Hoyt, has a column today on a topic I've written about more times than I can count: that the NYT routinely grants anonymity without any justification whatsoever and, more notably, does so in flagrant violation of its own policy on anonymous sources.
Discussion: Crooked Timber and Israel Matzav
RELATED:
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
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. …
Discussion: Hot Air and Romenesko
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).
RELATED:
Helene Cooper / New York Times:
Obama Says a Way Out of Afghanistan Is Needed  —  WASHINGTON — The United States must look for a way out of the war in Afghanistan, President Obama said, in a signal that the military build-up in Afghanistan will not be open-ended and will lead to the eventual withdrawal of American and NATO troops from the country.
RELATED:
Roger Cohen / New York Times:
From Tehran to Tel Aviv  —  With his bold message to Iran's leaders, President Obama achieved four things essential to any rapprochement.  —  He abandoned regime change as an American goal.  He shelved the so-called military option.  He buried a carrot-and-sticks approach viewed with contempt by Iranians as fit only for donkeys.
Discussion: Israel Matzav and TPMCafe
Josh Gerstein / The Politico:
Econ board has yet to meet publicly  —  Six weeks after President Barack Obama appointed a blue-ribbon panel to help him dig America out of its economic crisis, the board has yet to hold an official public meeting.  —  The White House initially said that the 16-member Presidential Economic …
Guardian:
US will appoint ‘Afghan PM’ to bypass Hamid Karzai  —  White House plans new executive role to challenge corrupt government in Kabul  —  The US and its European allies are ­preparing to plant a high-profile figure in the heart of the Kabul government in a direct challenge to the Afghan president …
 
 
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 More Items: 
Bill Carter / New York Times:
Matthews Renews Contract at MSNBC
Discussion: Gawker
Fredric U. Dicker / New York Post:
GOV PLOTS SECRET TAX HIKE ON RICH
Discussion: JammieWearingFool
Ben Hoyle / Times of London:
Nicholas Hughes, Sylvia Plath's son commits suicide
Discussion: Guardian and Gawker
Lise Olsen / Houston Chronicle:
Lawyers' late filings can be deadly for inmates
Discussion: Off the Kuff and On Deadline
The Politico:
GOP licks chops over Dem stumbles
Discussion: Associated Press
Warren Richey / Christian Science Monitor:
Was 'Hillary: The Movie" wrongly censored?
Erica Werner / Associated Press:
Questions surround health IT money
 Earlier Items: 
Herb Keinon / Jerusalem Post:
‘We must recapture rocket-launch zones’
Discussion: Israel Matzav
Jim Abrams / Associated Press:
IRS defends drop in audits of millionaires