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10:25 AM ET, March 25, 2009

memeorandum

 Top Items: 
New York Times:
Dear A.I.G., I Quit!  —  The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group's financial products unit, to Edward M. Liddy, the chief executive of A.I.G.  —  DEAR Mr. Liddy,  —  It is with deep regret that I submit …
RELATED:
Mark Steyn / The Corner:
Resigned  —  This resignation letter from an AIG exec is worth reading:
Discussion: RedState and Clusterstock
Ron Fournier / Associated Press:
Analysis: Teleprompter telegraphs Obama caution  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - What kind of politician brings a teleprompter to a news conference?  —  A careful one.  —  President Barack Obama took no chances in his second prime-time news conference …
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New York Times:
President Obama's News Conference  —  Following is a complete of President Obama's prime-time press conference on March 24, as transcribed by Federal News Service.  —  PRESIDENT OBAMA: Hello, everybody.  Please have a seat.  —  Good evening.  Now, before I take questions from the correspondents …
New York Times:
In a Volatile Time, Obama Strikes a New Tone for Crisis  —  WASHINGTON — For just under an hour on Tuesday night, Americans saw not the fiery and inspirational speaker who riveted the nation in his address to Congress last month, or the conversational president who warmly engaged Americans …
Washington Post:
Transcript: President Obama's Press Conference  —  [*] OBAMA: Hello, everybody.  Please have a seat.  —  Good evening.  Now, before I take questions from the correspondents, I want to give everyone who's watching tonight an update on the steps we're taking to move this economy from recession to recovery …
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Michael Calderone / The Politico:
Obama skips major papers  —  During President Obama's second East Room news conference, he took questions from 13 reporters over about an hour — that's the same as during his first presser on Feb. 9.  —  But in quite a departure from the first presser — and White House protocol — Obama skipped over the nation's top newspapers.
Andrew Malcolm / Top of the Ticket:
Full text of Barack Obama news conference
Discussion: Hot Air
Jeremy P. Jacobs / The Hill's Blog Briefing Room:
Toomey smokes Specter in new poll  —  Former Congressman Pat Toomey (R) would crush Sen. Arlen Specter (R) in the 2010 GOP primary, according to a Quinnipiac poll released Wednesday.  —  Toomey, who is currently the president of the conservative Club for Growth, beat the senator 41 percent …
Discussion: The Hill
RELATED:
Quinnipiac University:
Little-Known GOP Challenger Tops Specter In Primary, Quinnipiac University Pennsylvania Poll Finds; Support For Obama Plan Helps Among Democrats  —  Apparently paying a political price for his support of President Barack Obama's Stimulus Plan, longtime Pennsylvania U.S. Sen. Arlen Specter …
Discussion: MSNBC and Scorecard's Blog
Washington Post:
‘Global War On Terror’ Is Given New Name  —  The Obama administration appears to be backing away from the phrase “global war on terror,” a signature rhetorical legacy of its predecessor.  —  In a memo e-mailed this week to Pentagon staff members, the Defense Department's office of security review noted that …
Conn Carroll / The Foundry:
Bush Deficit vs. Obama Deficit in Pictures  —  President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term.  But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package …
Thomas Ferraro / Reuters:
U.S. bill seeks to rescue faltering newspapers  —  WASHINGTON (Reuters) - With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.
Steve Benen / Washington Monthly:
DEFICITS DON'T MATTER (RIGHT NOW).... Following up on Hilzoy's overnight comments on President Obama's prime-time press conference, what jumped out at me had less to do with the president's responses and more to do with the questions themselves.  —  For example, I had assumed …
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Allahpundit / Hot Air:
Stimulus idea: How about massive forgiveness of student loans?  —  Nothing on this yet from Congress or The One, but a Facebook group dedicated to the proposal has 138,000 members and counting.  No typo.  My sense of personal responsibility says no but my debt-crushed monthly budget cries proceed:
RELATED:
Alison Damast / Business Week:   Asking for Student Loan Forgiveness
Washington Post:
Building Bridges on Capitol Hill  —  Last week, the three of us announced the formation of a moderate Democratic working group in the U.S. Senate.  —  Even though the White House and Senate leadership praised the group's formation, some commentators reacted by reporting signs of a rift and a power struggle within the Democratic Party.
RELATED:
Julia Werdigier / New York Times:
Vandals Hit Home of Ex-Chief of Bank  —  LONDON — The house of Fred Goodwin, the former chief executive of ailing Royal Bank of Scotland, was vandalized early Wednesday and windows of his car were smashed.  —  Mr. Goodwin attracted criticism for keeping his £703,000, or $1 million …
Discussion: Clusterstock
Andrew Malcolm / Top of the Ticket:
Barack Obama's delivery of no news is quite smooth  —  Tuesday morning The Ticket examined the White House's current political strategy and asked the question who would show up at Barack Obama's second nationally-televised news conference that evening: the president or the senator?  —  The answer: Neither.
Discussion: Townhall.com and Commentary
Alex Isenstadt / The Politico:
GOP faithful still loves Jindal  —  While President Barack Obama commanded a national prime time TV audience, Louisiana Gov. Bobby Jindal played to the GOP faithful Tuesday night, warning a Republican fund raising dinner that Obama was undertaking “the greatest expansion of government in our lifetimes.”
Discussion: First Draft
Louise Story / New York Times:
Top Hedge Fund Managers Do Well in a Down Year  —  The financial crisis may have turned much of Wall Street's wealth into dross, but a select group of hedge fund managers has managed to maintain a golden touch that might make King Midas blush.  —  As major markets and economies careened downward last year …
Fred Kaplan / Slate:
Obama must choose this week between two radically different Afghanistan policies.  —  With just a week until President Barack Obama flies to Strasbourg, France, for his first NATO conference, his top advisers are still divided over what U.S. policy should be on the summit's No. 1 issue: how to fight the war in Afghanistan.
Greg Burke / Fox News:
Politicians Fret as Muslim Population Swells in Europe Amid Little Integration  —  BRUSSELS, Belgium — A clash of civilizations may be taking place on the battlefields of Iraq and Afghanistan, but it's also happening a lot more quietly in European cities.  —  Old Europe's population …
Discussion: Atlas Shrugs and Gates of Vienna
Ezra Klein / American Prospect:
IT'S LIKE THIS BLOG FELL ASLEEP AND IS HAVING A NIGHTMARE.  —  Last weekend, my best friend, an aid worker in Sierra Leone, was in a motorcycle crash.  Injuries were serious but not life threatening.  The worst of it were three breaks in his leg: Two clean, one less so.
Discussion: MoJo Blog Posts
Amanda Carpenter / Washington Times:
Senate Dems hold on to Madoff money  —  Scam financier gave $100,000  —  The Democratic Senatorial Campaign Committee, which received $100,000 in campaign contributions from disgraced financier Bernard Madoff, has yet to rid itself of the tainted funds that other Washington politicos …
Discussion: RedState and Betsy's Page
New York Times:
As Clinton Visits Mexico, Strains Show in Relations  —  MEXICO CITY — Mexico's economy is being dragged down by the recession to the north.  American addicts have turned Mexico into a drug superhighway, and its police and soldiers are under assault from American guns.
Discussion: New York Times
The White House:
Open for Questions: President Obama to Answer Your Questions on Thursday  —  Today, the President invited everyone to use a new feature on WhiteHouse.gov called “Open for Questions” to ask a question about the economy and rate other questions up or down.  Then, on Thursday morning …
 
 
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 More Items: 
John Koblin / New York Observer:
The Reconstruction of Eliot Spitzer: Notes From a Boomlet
Ed Morrissey / Hot Air:
Apocalypse alert: Barney Frank tells Code Pink to “grow up”
Discussion: Moe Lane and JammieWearingFool
Michael Birnbaum / Washington Post:
Book Dealers Told to Get The Lead Out
Gordon Lubold / Christian Science Monitor:
Pentagon to show softer side to the world
Steven Greenhouse / New York Times:
Labor Agency Is Failing Workers, Report Says
Discussion: Firedoglake and Economist's View
Martin Wolf / Financial Times:
Successful bank rescue still far away
Michael Barone:
The Geithner Paradox: Unregulated Institutions Bailing Out Regulated Ones
 Earlier Items: 
The Politico:
GOP revisits Obama campaign pledges
Reed Abelson / New York Times:
A Health Plan for All and the Concerns It Raises
Greg Gordon / McClatchy Washington Bureau:
Most electronic voting isn't secure, CIA expert says
Right Wing News:
Evan Sayet's Speech: Hating What's Right: How the Modern Liberal Winds …
Karen Tumulty / Swampland:
Why God Invented C-SPAN