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10:20 AM ET, April 3, 2009

memeorandum

 Top Items: 
Lori Montgomery / Washington Post:
Congress Approves Budget  —  $3.5 Trillion Spending Plan Paves Way for Obama Goals  —  Congressional Democrats overwhelmingly embraced President Obama's ambitious and expensive agenda for the nation yesterday, endorsing a $3.5 trillion spending plan that sets the stage for the president to pursue his most far-reaching priorities.
RELATED:
The Hill:
Senate passes budget 55-43  —  The Senate easily passed a $3.55 trillion federal budget late Thursday night to kick off a two-week recess, giving President Obama most of what he wanted in his first spending plan in office.  —  Senators voted 55-43 for a plan that was championed by the White House …
Discussion: MSNBC and Associated Press
CNN:
Senate, House pass budget plans along party lines  —  WASHINGTON (CNN) — The Senate passed a $3.53 trillion version of the federal budget for fiscal year 2010 late Thursday night in a party-line vote, ending several weeks of acrimonious partisan debate.  —  The package was approved on a 55-43 vote.
Discussion: Runnin' Scared and Truthdig
Wall Street Journal:
House Passes Obama's Budget
Discussion: The Politico and RedState
Steven Pearlstein / Washington Post:
A Rare Triumph of Substance at the Summit  —  International economic summits deserve to be regarded with skepticism: The most important decision to come out of them is usually the call for yet another meeting.  —  But yesterday's G-20 meeting in London was an exception.
RELATED:
Helene Cooper / New York Times:
On the World Stage, Obama Issues an Overture  —  LONDON — In his debut on the international stage, President Obama presented himself as the leader of an America that can no longer go it alone, and as abiding by the protocol of a global new deal.  —  It was a performance that ranged …
Huma Khan / Political Punch:
Sources: Obama Plays Peacemaker in French-Chinese Smackdown Over Tax Havens
Discussion: Taylor Marsh
Jack Healy / New York Times:
Jobless Rate Hits 8.5% After 663,000 Jobs Lost in March  —  The American economy shed another 663,000 jobs in March, the government reported Friday, bringing the toll of job losses during the recession to 5.1 million.  —  The Bureau of Labor Statistics reported that the national unemployment rate climbed …
RELATED:
CNBC:
Employers Slash 663,000 Jobs; Unemployment Jumps to 8.5%  —  Employers slashed 663,000 jobs in March, lifting the unemployment rate to 8.5 percent, the highest since 1983, official data showed on Friday in a report underscoring the growing distress in the labor market.
Scott / Power Line:
Why is this man bowing?  —  The caption on the photo above reads: … What's wrong with this picture?  Americans do not bow to royalty.  In my view, when the royal is the ruling tyrant of a despotic regime, the wrong is compounded.  Putting aside the breach of American protocol …
Andy Barr / The Politico:
Palin calls for Begich's resignation  —  Gov. Sarah Palin (R-Alaska) called on Sen. Mark Begich (D-Alaska ) Thursday to step down from his seat and run in a special election in the wake of the Justice Department's decision to drop corruption charges against former Sen. Ted Stevens (R-Alaska).
RELATED:
Washington Post:
As Crisis Loomed, Geithner Pressed But Fell Short  —  Before Timothy Geithner became Treasury chief, he regulated major U.S. banks.  Now he says: “We're having a major financial crisis in part because of failures of supervision.”  —  In September 2005, Timothy Geithner made one of his most visible moves …
Felisa Cardona / Denver Post:
Churchill wins CU suit but awarded just $1  —  Ward Churchill won his case against the University of Colorado today as a Denver jury unanimously decided he was fired in retaliation for his controversial essay about the Sept. 11, 2001, attacks.  —  The jury gave Churchill $1 for past losses …
RELATED:
Chicago Breaking News:
Blagojevich, his brother, top aides indicted  —  Federal prosecutors expanded their case against former Gov. Rod Blagojevich today in an indictment that drew more of his closest aides into the scandal and adds new schemes to the list of charges against him: Pocketing money funneled through his wife through a phony real estate job.
RELATED:
John McCormick / Chicago Tribune:   ‘Congressman A’: Rahm Emanuel
Mark Steyn / The Corner:
The American Super-Bower  —  This picture is worth a thousand words.  So let me see if I understand American protocol in the age of Obama: The First Lady hugs Queen Elizabeth as if she's some granny at a seniors' center photo-op, but the President of this republic prostrates himself …
Paul Krugman / New York Times:
China's Dollar Trap  —  Back in the early stages of the financial crisis, wags joked that our trade with China had turned out to be fair and balanced after all: They sold us poison toys and tainted seafood; we sold them fraudulent securities.  —  But these days, both sides of that deal are breaking down.
Discussion: The Peking Duck
Agence France Presse:
Russia's Medvedev hails ‘comrade’ Obama  —  LONDON (AFP) - - Russia's Dmitry Medvedev hailed Barack Obama as “my new comrade” Thursday after their first face-to-face talks, saying the US president “can listen” — even if little progress was made on substance.
Discussion: Babalú Blog
FreedomWorks blogs:
City of Burleson Tries to Cancel Tea Party  —  BREAKING NEWS: The City of Burleson, Texas is trying to shut down a Tax Day Tea Party planned for April 15th!!  —  According to local organizers, unelected “street supervisor” Ray Gonzales, informed them that he was going to prevent the event from happening.
Yinka Adegoke / Reuters:
Murdoch says papers should charge on Web  —  WASHINGTON (Reuters) - Rupert Murdoch, whose media company News Corp owns one of the few U.S. newspapers that makes people pay to read its news on the Web, said more papers will have to start doing the same to survive.
James Carville / CNN:
Carville: Obama has best day as president  —  Editor's Note: James Carville, a Democratic strategist who serves as a political contributor for CNN, was the Clinton-Gore campaign manager in 1992 and political adviser to President Clinton.  He is active in Democratic politics and a party fundraiser.
Discussion: TIME.com
Federal Eye:
Unemployed Journalists Key to Stimulus Oversight?  —  Sen. Claire McCaskill (D-Mo.) suggested today that the team tasked with overseeing distribution of economic stimulus funds should consider hiring recently laid-off journalists to help craft the tone and message of the government's Recovery.gov Web site.
Discussion: JammieWearingFool
Manu Raju / The Politico:
Burris adviser slams Dem leadership  —  A senior adviser to Sen. Roland Burris (D-Ill.) slammed Democratic leaders Thursday evening, saying “they have tried their best to discredit” the new senator in the wake of his appointment by then-Gov. Rod Blagojevich.
Discussion: TIME.com and MSNBC
Michael Arrington / TechCrunch:
Sources: Google In Talks To Acquire Twitter (Updated)  —  Here's a heck of a rumor that we've sourced from two separate people close to the negotiations: Google is in late stage negotiations to acquire Twitter.  We don't know the price but can assume its well, well north of the $250 million valuation …
Discussion: Daily Finance, Guardian and Gawker
Financial Times:
Bailed-out banks eye toxic asset buys  —  By Francesco Guerrera in New York and Krishna Guha in Washington  —  US banks that have received government aid, including Citigroup, Goldman Sachs, Morgan Stanley and JPMorgan Chase, are considering buying toxic assets to be sold by rivals under …
Ian Katz / Bloomberg:
FASB Eases Fair-Value Rules Amid Lawmaker Pressure  —  The Financial Accounting Standards Board, pressured by U.S. lawmakers and financial companies, voted to relax fair-value accounting rules that Citigroup Inc. and Wells Fargo & Co. say don't work when markets are inactive.
David Brown / Times of London:
Dignitas founder plans assisted suicide of healthy woman  —  The founder of the Swiss assistedsuicide clinic Dignitas was criticised yesterday after revealing plans to help a healthy woman to die alongside her terminally ill husband.  —  Ludwig Minelli described suicide as a “marvellous opportunity” …
 
 
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 More Items: 
Financial Times:
G20 leaders hail crisis fightback
Discussion: The New Ledger
Washington Post:
Judge: Afghanistan Prisoners Can Challenge Detention in U.S. Courts
Discussion: Informed Comment
Lsebert / American News Project:
Goldman Vet Sparks Conflict On Hill
Discussion: unbossed.com
BBC:
Israeli FM questioned over fraud
Discussion: PoliBlog
David Wessel / Real Time Economics:
What Was Going on Inside the Paulson Treasury?
New York Times:
Immigration Agency's Revised List of Deaths in Custody
Manuel Roig-Franzia / Washington Post:
The Pay Dirt  —  Jock Friedly's LegiStorm Makes Hill Salaries Easy To Search — and Debate
Discussion: The BLT
 Earlier Items: 
Now! Hampshire:
Shea-Porter Staff Seeks “Refuge” from Tea Bag
Discussion: Hot Air and Riehl World View
Mark Hemingway / The Corner:
Too Absurd to Be Real?  —  PJ O'Rourke, The Weekly Standard …
Discussion: TigerHawk
Totus / Barack Obama's Teleprompter's Blog:
New Friends  —  This morning, Big Guy was really excited …
Discussion: Moe Lane
Chris Cillizza / The Fix:
Should Norm Coleman Concede?