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6:25 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 …
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
Discussion: Bloomberg and Newshoggers.com
Ali Frick / Think Progress:
The Right-Wing Echo Chamber In Action: How A Conspiracy Travels …
Discussion: Washington Monthly
Frank James / The Swamp:
Geithner misses lifeline, sinks dollar
Discussion: MarketBeat and The Hill
Washington Post:
House Democrats Slash More Than $100B From Obama's Plan  —  Budget Leaders Refuse to Include More Funding for Financial Sector Bailout  —  House budget leaders today unveiled a $3.45 trillion budget blueprint for fiscal 2010 that slices more than $100 billion from the spending plan President Obama proposed last month.
RELATED:
Bloomberg:
Obama Asks Volcker to Lead Panel on Tax-Code Overhaul
Discussion: The Foundry
Mark Silva / The Swamp:
‘Vintage Obama:’ Budget kickoff in Senate
Discussion: New York Times and The Politico
Lori Montgomery / Washington Post:
Democrats Take Knife To Obama's Budget
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 …
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 …
Chris Cillizza / The Fix:   PA-Sen: Polls Spell Trouble For Specter
Blue Texan / Firedoglake:
Michelle Bachmann, Vigilant Guardian of the Constitution  —  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: Power Line and Dependable Renegade
RELATED:
Michele Bachmann / Townhall.com:
A Government Power Grab
Discussion: American Power
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:
Todd Gitlin / TPMCafe:
“Enervating”  —  The president was “not...fiery and inspirational …
Discussion: Hullabaloo
Amanda Terkel / Think Progress:
Cantor skips Obama's press conference to attend a Britney Spears concert.  —  In recent weeks, congressional Republicans have been critical of President Obama for doing anything that isn't directly focusing on the economic crisis — such as going on the Tonight Show with Jay Leno or filling out his NCAA bracket.
RELATED:
Jim Newell / Wonkette:
Exclusive: Cantor, ‘Democrats’ Attend Britney Spears Concert During Obama Presser  —  And you all thought Washington wasn't sexy: the office of ambitious young House Republican Whip Eric Cantor has confirmed to your Wonkette that instead of watching President Obama's boring press conference …
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.
Mark Preston / CNN:
Jindal defends those who want Obama to fail  —  WASHINGTON (CNN) — It's OK for Republicans to want President Obama to fail if they think he's jeopardizing the country, Louisiana Gov. Bobby Jindal told members of his political party Tuesday night.  —  Jindal described the premise of the question …
Chris Cillizza / The Fix:
Limbaugh An Issue in New York Special  —  Democrats are seeking to use conservative talk-radio host Rush Limbaugh to rally their base in advance of next week's special election in New York's 20th district.  —  A new direct mail piece from businessman Scott Murphy's campaign features …
Discussion: Townhall.com and American Power
Molly K. Hooper / The Hill:
GOP's rising star runs into a rough patch  —  A rising star in the Republican Party has dimmed over the past week.  —  House Minority Whip Eric Cantor (Va.), a politically shrewd up-and-comer in the GOP, has broken with his party on two high-profile issues.
Discussion: Glenn Thrush's Blog
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?”
Haaretz:
Netanyahu, Lieberman ‘struck secret deal for West Bank construction’  —  Prime Minister-designate Benjamin Netanyahu has struck a secret deal with Yisrael Beiteinu leader Avigdor Lieberman for highly contentious construction on West Bank land known as E1, Army Radio reported Wednesday.
Discussion: Ben Smith's Blog and Wonk Room
Daniel Hannan / Daniel Hannan's blog listings:
My speech to Gordon Brown goes viral  —  The internet has changed politics - changed it utterly and forever.  Twenty-four hours ago, I made a three-minute speech in the European Parliament, aimed at Gordon Brown.  I tipped off the BBC and some of the newspaper correspondents but, unsurprisingly …
BBC:
The man who survived both atomic bombings  —  Japan has certified a man aged 93 as the only known survivor of Hiroshima and Nagasaki, both hit by atomic bombs towards the end of World War II.  —  Tsutomu Yamaguchi was in Hiroshima on a business trip on 6 August 1945 when a US plane dropped the first atomic bomb.
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
Daniel Libit / The Politico:
NYT on snub: 'We'll get our turn'  —  The New York Times' Washington bureau chief says he's not offended that President Barack Obama skipped over reporters from the Times and other traditional major daily newspapers during Tuesday night's primetime press conference.
Tom Shales / Washington Post:
The Very Face of Victory  —  Most of the facets of President Obama's personality that have made him intensely popular were on display last night during his second prime-time news conference, and so he emerged from it still every inch “President Wonderful,” as it were, untouched and intact.
Reid Wilson / The Hill:
Sen. Burr faces tough race in N.C.  —  By all accounts, Sen. Richard Burr (R-N.C.) has learned lessons from ex-Sen. Elizabeth Dole's (R-N.C.) loss in 2008.  But a new poll shows Burr has electoral troubles of his own, as he trails the Democrats' dream candidate.
Discussion: TPMDC
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.
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.
Martina Stewart / CNN:
Thompson: I don't want Obama's policies to succeed  —  WASHINGTON (CNN) - Count former GOP presidential candidate Fred Thompson among the growing chorus of prominent Republicans who want President Obama's policies to fail.  —  Tuesday evening Louisiana Gov. Bobby Jindal called pressure …
Discussion: Washington Monthly
Nouriel Roubini's Global EconoMonitor:
New York Times Deal Book: Dr. Doom Finds Promise in Obama's Toxic-Asset Plan  —  From the New York Times Deal Book: … So to clarify my viewpoint: I see the Geithner plan as being relevant only to banks that are solvent.  For those that are found - after stress tests …
Noah Shachtman / Danger Room:
Pentagon Plan to Regrow Limbs: Phase One, Complete  —  The first phase of the Pentagon's plan to regrow soldiers' limbs is complete; scientists managed to turn human skin into the equivalent of a blastema — a mass of undifferentiated cells that can develop into new body parts.
Discussion: BLACKFIVE
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 …
Discussion: Ben Smith's Blog
Ed Henry / CNN:
Ed Henry's take on exchange with Obama  —  Ed Henry, CNN's senior White House correspondent, got a tough answer from President Obama when he asked Tuesday night why Obama waited days to express outrage on the AIG bonuses.  “Because I like to know what I'm talking about before I speak,” Obama said.
Discussion: Opinion L.A.
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 …
 
 
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 More Items: 
Reid Wilson / The Hill:
Justice sues New York over military voters
Discussion: TPMDC and Daily Kos
Phillip Coorey / Sydney Morning Herald:
New best friends have a great meeting of the minds
WCAX-TV:
Governor Will Veto Gay Marriage Bill
Discussion: The Daily Dish and #gay
Jerry Markon / Washington Post:
Possible Move of Guantanamo Detainees to Alexandria for Trial Raises Worries
Discussion: RedState
Pete Donohue / NY Daily News:
‘Doomsday’ has arrived: MTA board approves subway fare hikes
Discussion: City Room, Gothamist and Clusterstock
ABCNEWS:
Ann Compton  —  Ann Compton is now covering a sixth president …
Discussion: Michelle Malkin
 Earlier Items: 
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
Eric Kleefeld / TPMDC:
Behold...The Bachmann Effect!
Discussion: Gawker
BBC:
Obama testing pundits' patience