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3:20 PM 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 Murray / MSNBC:
FIRST THOUGHTS: THE OBAMA OCEAN-LINER  —  From Chuck Todd, Mark Murray, and Domenico Montanaro  —  *** The Obama ocean-liner: More than anything else, Obama's news conference last night resembled a campaign TV ad — one in which the serious candidate talks directly to the camera …
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 …
Mark Steyn / The Corner:
Resigned  —  This resignation letter from an AIG exec is worth reading: … I wonder if Senator Grassley (Republican, of course) is pleased that AIG honchos are now doing as instructed and falling on their swords.  As I said a few days ago, if you own even modest assets (a small house …
Discussion: Salon and The Swamp
Ben Smith / The Politico:
Geithner ‘open’ to China proposal  —  Geithner, at the Council on Foreign Relations, said the U.S. is “open” to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar …
RELATED:
Myglesias / Matthew Yglesias:
Right-Wing Echo Chamber Fomenting Panic About Fake Sino-Russian Global Currency Plan  —  Zhou Xiaochuan, head of China's central bank, suggested earlier this week that we might need to transition away from exclusive reliance on the US dollar as a global reserve currency through the creation of a “super-sovereign reserve currency.”
RELATED:
Alex Isenstadt / The Politico:
GOP faithful still loves Jindal
Discussion: The Note and First Draft
Philip Klein / AmSpecBlog:
Jindal:We Don't Want Obama to Fail, We Want America to Succeed
Lori Montgomery / Washington Post:
Democrats Take Knife To Obama's Budget  —  Key Democratic leaders were performing major surgery yesterday on President Obama's first budget plan in an effort to bring skyrocketing annual deficits under control, while preserving the option of enacting some of the president's most significant and costly domestic priorities.
RELATED:
Washington Post:
House Democrats Slash More Than $100B From Obama's Plan
Discussion: Power Line and Open Left
New York Times:
E.U. President Calls U.S. Stimulus the ‘Way to Hell’  —  BRUSSELS — Transatlantic tension over the handling of the global economic crisis intensified on Wednesday when the prime minister of the Czech Republic, which holds the European Union presidency, described the U. S. stimulus measures as the “way to hell.”
RELATED:
Raf Casert / Associated Press:
EU presidency: US economic plans ‘a road to hell’
Blue Texan / Firedoglake:
Michelle Bachmann, Vigilant Guardian of the Constitution  —  diggs  —  digg it  —  Watch Timothy Geithner's face as he's grilled here by Bachmann.  Priceless. … Funny how all these Bush/Cheney Republicans have suddenly discovered there's this thing called “the Constitution,” isn't it?
Discussion: Dependable Renegade and Power Line
RELATED:
Michele Bachmann / Townhall.com:   A Government Power Grab
Jamison Foser / Media Matters for America:
Andrew Malcolm is bored, too  —  Los Angeles Times blogger/former Laura Bush press secretary wasn't impressed by President Obama last night.  Surprise, surprise. … Now, I don't want Andrew Malcolm to be bored.  That's a less-than-ideal way to go through your workday.  —  So here's a suggestion, Mr. Malcolm: Quit.
RELATED:
Robert Mackey / The Lede:
Former CNN Anchor Moves to The Onion  —  In yet another sign that the line between real news and fake news is getting thinner, one of CNN's main anchors during the 1980s and 1990s, Bobbie Battista, has taken a step through the looking glass and can now be seen anchoring reports online for ONN, The Onion News Network.
Jennifer Reese / Slate:
Of all the reasons to plant a garden, free food may be the worst.  —  The much-discussed Obama kitchen garden seems very noble and well-intentioned (despite Michelle Obama's controversial outfit), and as an avid gardener, I was loving the whole project until I came across the following quote from an ecstatic Alice Waters:
Discussion: OpenMarket.org
The Huffington Post:
Obama Flexes Political Muscle, Enters NY Congressional Race  —  For the first time since his inauguration, President Barack Obama is flexing his electoral muscle, urging supporters to organize and vote for New York Democratic congressional candidate Scott Murphy.
RELATED:
The Campaign Spot:
Obama Endorsement, Debate Heat Up NY-20 Race
Discussion: The In Box and Politicker NY
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 …
BBC:
Obama testing pundits' patience  —  Barack Obama's second televised presidential news conference saw him in combative mood, pundits and bloggers judged after his prime-time White House performance.  —  Online reaction was dominated by the president's minor spat with a TV reporter …
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 …
Discussion: DailyHowler.com and Sister Toldjah
John Authers / Financial Times:
Is it back to the Fifties?  —  “My mother is 75,” said Jon Stewart, the US late-night comedian, at the end of his already famous interview with Jim Cramer, the television stock market pundit.  “And she bought into the idea that long-term investing is the way to go.  And guess what?”
Discussion: Portfolio and Grasping Reality …
James Fallows / The Atlantic Politics Channel:
Obama and the Teleprompter  —  Following this and this.  —  Obama's opening statement at this evening's press conference, delivered no doubt with the help of a teleprompter, sounded smoother and more polished than his real-time answers through the rest of the event.
Myglesias / Matthew Yglesias:
Sacrifice  —  Apparently Chuck Todd asked President Obama why he isn't asking people to “sacrifice” more amidst the recession.  —  The standard progressive answer to this starts by observing that the hundreds of thousands of people who are losing their jobs each week are, presumably, sacrificing.
Ann Althouse / Althouse:
Barney Frank: Justice Scalia “makes it very clear that he's angry, frankly, about the existence of gay people.”  —  “If you read his opinion [in Lawrence v. Texas], he thinks it's a good idea for two consenting adults who happen to be gay to be locked up because he is so disapproving of gay people.”
Foreign Policy:
FM 3-XX: Revolutionary Operations  —  I've been looking over the Army's new manual for stability operations, which the University of Michigan just reprinted with an all-star lineup of introductions by Michele Flournoy, Shawn Brimley, and Janine Davidson.  —  I'm all for the idea.
Discussion: MoJo Blog Posts
Ed Barnes / Fox News:
Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress  —  While on the board of a Chicago-based charity, Barack Obama helped fund a carbon trading exchange that will likely play a critical role in the cap-and-trade carbon reduction program he is now trying to push through Congress as president.
Carrie Johnson / Washington Post:
Obama's Approach to Protecting ‘State Secrets’ at Issue  —  Like Predecessor, New Justice Dept. Claiming Privilege  —  Civil liberties advocates are accusing the Obama administration of forsaking campaign rhetoric and adopting the same expansive arguments that his predecessor used to cloak …
Greg Sargent / The Plum Line:
Howard Dean To Announce Major New Campaign On Health Care Reform  —  Looks like Howard Dean is well on his way to finding a post-DNC niche, and he won't be needing the Obama administration to find it for him.  —  On a conference call with supporters later today, Dean will make a surprise announcement …
Todd Gitlin / TPMCafe:
“Enervating”  —  The president was “not...fiery and inspirational,” write Peter Baker and Adam Nagourney in the morning NYT.  “Placid and unsmiling, he was the professor in chief, offering familiar arguments in long paragraphs — often introduced with the phrase, ‘as I said before’ …
Discussion: Hullabaloo
Pejman Yousefzadeh / The New Ledger:
Obama v. The Media: President Superman And The Kryptonite Presser  —  I sometimes wonder why President Obama bothers giving press conferences.  It's not that he is bad at them, but his speeches are much better and the press conferences tend to be ordinary.  Robbed of a teleprompter and unable …
Discussion: Right Wing News and Commentary
 
 
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 More Items: 
Max Bergmann / democracyarsenal.org:
Afghanistan is not “harder” than Iraq
Discussion: PoliGazette
Mark Landler / New York Times:
Clinton Admits U.S. Demand Feeds Mexico's Drug Trade
Discussion: Alterdestiny
Martina Stewart / CNN:
Thompson: I don't want Obama's policies to succeed
Discussion: Washington Monthly
John Schwartz / New York Times:
Texas Judge Denies Charges of Misconduct
Discussion: TPMMuckraker
Washington Times:
ROMNEY: Cautionary tale of card check
Discussion: Hot Air and GOP 12
E. Scott Reckard / Los Angeles Times:
BofA chief Ken Lewis says he plans to repay bailout funds soon
Discussion: Clusterstock
City Room:
M.T.A. Increases Fares and Cuts Services
 Earlier Items: 
Rasmussen Reports:
Most Americans Support Government Control of Executive Pay …
Discussion: Power Line
Erik Holm / Bloomberg:
AIG Plane Unit Says Survival in Doubt Without Funds
Discussion: naked capitalism and Clusterstock
Paul Begala / CNN:
Begala: GOP means ‘Got 0 Plans’
David Leonhardt / New York Times:
The Start of a Crisis, Through the Lens of Avis
Discussion: EconLog
Martin Feldstein / Washington Post:
An Anti-Charity Tax, at the Worst Time
Discussion: Reason and Commentary
George Packer In / New Yorker:
POPULISM AND PARANOIA  —  Step out of the A.I.G. bonus frenzy …
Discussion: The Corner and pw