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12:35 PM 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 …
John Heilemann / New York Magazine:
Inside Obama's Economic Brain Trust
Discussion: Clive Crook
Jane Hamsher / Firedoglake:   Timothy Geithner: Making Countrywide Executives Rich Again
The Politico:
Geithner in the hot seat on toxic assets
Discussion: Associated Press
Brian Knowlton / New York Times:
Treasury Details Plan to Buy Risky Assets
Amanda Terkel / Think Progress:
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 about rape victims in the past — was slated to speak at a March 19 fundraiser for the Alexa Foundation.
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?”
RELATED:
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: But As For Me and The Impolitic
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).
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 …
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: Gawker
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: ProPublica
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
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.
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.
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.
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:
Andrew Sullivan / Times of London:
Give Obama more time.  Then give him hell  —  The president has had only two months - harsh judgments are premature  —  The former New York City mayor Ed Koch was renowned for strolling about Manhattan when he was in office, grabbing strangers by the lapel and asking, “How am I doing?”
Discussion: The Daily Dish
Sarah Lyall / New York Times:
Sweden Says No to Saving Saab, a National Icon  —  TROLLHATTAN, Sweden — Saab Automobile may be just another crisis-ridden car company in an industry full of them.  But just as the fortunes of Flint, Mich., are permanently entangled with General Motors, so it is impossible to find anyone …
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
Guardian:
US to bypass Karzai with Afghan ‘PM’  —  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, Hamid Karzai, the Guardian has learned.
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
Andrew Breitbart / Washington Times:
Dreaming of President Petraeus and an American surge  —  ANALYSIS/OPINION:  —  Signs of our collective weakness emerged after 9/11 when only part of the American population took seriously that we were at war with an evil and motivated enemy determined to destroy our way of life.
Petula Dvorak / Washington Post:
D.C. Homeless People Use Cellphones, Blogs and E-Mail to Stay on Top of Things  —  Homeless People Turn to Technology to Track Assistance and Opportunities  —  To the usual trappings that help many homeless people endure life on the streets — woolen blankets, shopping carts or cardboard box shelters — add the humble cellphone.
Discussion: Alan Colmes' Liberaland and D-Day
 
 
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 More Items: 
Ed Morrissey / Hot Air:
Winning friends internationally again; Update: The missing context …
Discussion: QandO
David Weigel / The Washington Independent:
Conservatives Size Up Sanford for 2012
Discussion: AmSpecBlog
Geoffrey A. Fowler / Wall Street Journal:
Skype Targets Businesses to Ring Up New Revenue
Associated Press:
Serb group seeks grave of WWII guerrilla leader
Carla Marinucci / San Francisco Chronicle:
Predictions for Schwarzenegger's next big role
Joan Lowy / Associated Press:
NTSB: Plane gave controllers no sign of trouble
Tim Arango / New York Times:
As Rights Clash on YouTube, Some Music Vanishes
Discussion: Law Blog
 Earlier Items: 
New York Times:
Global Stocks Up on Hope for Bank Plan
Discussion: Booman Tribune
Kevin Bogardus / The Hill:
Obama budget takes hits from both sides
Discussion: Wake up America
Mary Pemberton / Associated Press:
Alaska volcano Mount Redoubt erupts 5 times
E.J. Dionne Jr / Washington Post:
President Obama Fighting the Politics of Evasion
Times of London:
UK population must fall to 30m, says Porritt