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10:50 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: … 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 …
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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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: The Note and First Draft
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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 …
Mark Silva / The Swamp:
Jindal: Obama's failure a ‘gotcha game’
Discussion: Political Machine and TIME.com
The Politico:   GOP revisits Obama campaign pledges
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: Reason and Hot Air
The Politico:
What Obama said and what he meant  —  Hold a Washington news conference and you'll be sure to hear a lot about Washington obsessions.  —  Two big ones dominated President Barack Obama's prime-time encounter with the White House press corps: budget deficits, and growing criticism in the Congress …
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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 …
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Jeremy P. Jacobs / The Hill's Blog Briefing Room:
Toomey smokes Specter in new poll
Discussion: The Hill
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 …
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
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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.
Alison Damast / Business Week:
Asking for Student Loan Forgiveness  —  Robert Applebaum's Facebook group and StudentLoanJustice.org are among those seeking an overhaul of the U.S. student loan system  —  In just two short months, Robert Applebaum has become something of a spokesman for a generation of people burdened with student loan debt.
RELATED:
Allahpundit / Hot Air:
Stimulus idea: How about massive forgiveness of student loans?
George Packer In / New Yorker:
POPULISM AND PARANOIA  —  Step out of the A.I.G. bonus frenzy, the bailout conundrum, and other matters of the moment to think a bit about American history.  It's all related.  —  Last year, Vintage reissued Richard Hofstadter's classic 1965 essay collection “The Paranoid Style in American Politics.”
Discussion: pw, The Corner and The Daily Dish
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 …
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 …
Kim-Mai Cutler / Bloomberg:
U.K. Bond Auction Fails for First Time Since 2002  —  The U.K. failed to find enough buyers for 1.75 billion pounds ($2.55 billion) of bonds for the first time in almost seven years as debt investors repudiated Prime Minister Gordon Brown's plan to stem the worst economic crisis in three decades.
Discussion: Don Surber
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 …
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
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.
Greg Robb / MarketWatch:
Demand for durable goods jumps 3.4% in February  —  First gain after six monthly declines surprises economists  —  WASHINGTON (MarketWatch) — Demand for machinery and other capital goods rose in February, driving orders for durable goods up 3.4%, the Commerce Department reported Wednesday.
Discussion: TIME.com and PoliPundit.com
 
 
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 More Items: 
Guardian:
Warm words, dud deeds
Discussion: Media Blog and Harry's Place
MSNBC:
Mountaintop mining projects put on hold
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
Martin Wolf / Financial Times:
Successful bank rescue still far away
Discussion: Wonk Room
 Earlier Items: 
Michael Barone:
The Geithner Paradox: Unregulated Institutions Bailing Out Regulated Ones
Amanda Carpenter / Washington Times:
Senate Dems hold on to Madoff money
Discussion: RedState and Betsy's Page
Greg Gordon / McClatchy Washington Bureau:
Most electronic voting isn't secure, CIA expert says
Discussion: The Raw Story
New York Times:
As Clinton Visits Mexico, Strains Show in Relations
Discussion: New York Times
Ezra Klein / American Prospect:
IT'S LIKE THIS BLOG FELL ASLEEP AND IS HAVING A NIGHTMARE.
Karen Tumulty / Swampland:
Why God Invented C-SPAN