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4:35 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 Steyn / The Corner:
Resigned  —  This resignation letter from an AIG exec is worth reading:
Discussion: The Moderate Voice and Salon
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
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.”
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: The Hill and MarketBeat
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  —  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.
Manu Raju / The Politico:
Obama tries to sell Dems on budget
Discussion: The Swamp and New York Times
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
Fox News:
EU Presidency: Obama Plans ‘a Way to Hell’
Discussion: BBC
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: Power Line and Dependable Renegade
RELATED:
Michele Bachmann / Townhall.com:   A Government Power Grab
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.
Discussion: Oliver Willis
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 …
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?”
Pete Donohue / NY Daily News:
‘Doomsday’ has arrived: MTA board approves subway fare hikes  —  Next stop: the $2.50 ride - and that's if your bus or subway is still running.  —  After a fiery hearing Wednesday, the Metropolitan Transportation Authority voted 12 to 1 to approve subway, bus and commuter train fare hikes …
Discussion: Clusterstock
RELATED:
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 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.
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
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 …
Jonathan Martin / The Politico:
Obama, DNC jump in on New York race  —  National Democrats and the Obama White House are moving to counter criticism that party bigwigs have largely been AWOL in a New York special House election.  —  The DNC, which has given candidate Scott Murphy $5,000, is now sending another $5,000 …
Discussion: Capitol Confidential
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
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.
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
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: Wonk Room, TPMDC and DailyHowler.com
Washington Times:
ROMNEY: Cautionary tale of card check  —  ANALYSIS/OPINION:  —  In 2006, my last year as governor of Massachusetts, I vetoed a card-check bill that allowed public workers to organize if a majority signed union authorization cards as opposed to casting a traditional secret ballot.
Discussion: Hot Air and GOP 12
ABCNEWS:
Ann Compton  —  Ann Compton is now covering a sixth president for ABC News in a career that has taken her to the White House, Capitol Hill and through eight presidential campaigns.  She is the national correspondent for ABC News Radio in Washington, D.C. Currently, Compton is the president …
Discussion: Michelle Malkin
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.
 
 
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 More Items: 
Associated Press:
Postal chief says post office running out of money
Discussion: Clusterstock
Noah Shachtman / Danger Room:
Pentagon Plan to Regrow Limbs: Phase One, Complete
Discussion: BLACKFIVE
Tom Shales / Washington Post:
The Very Face of Victory
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
New York Times:
Netanyahu Promises Peace Effort
Discussion: Israel Matzav
 Earlier Items: 
Rasmussen Reports:
Most Americans Support Government Control of Executive Pay …
Discussion: Power Line
Eric Kleefeld / TPMDC:
Behold...The Bachmann Effect!
Discussion: Gawker and Democracy in America
Myglesias / Matthew Yglesias:
Sacrifice  —  Apparently Chuck Todd asked President Obama …
Foreign Policy:
FM 3-XX: Revolutionary Operations
Discussion: MoJo Blog Posts
Louise Story / New York Times:
Top Hedge Fund Managers Do Well in a Down Year
Discussion: The Big Picture and Clusterstock