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1:00 PM ET, April 29, 2009

memeorandum

 Top Items: 
Olympia Snowe / New York Times:
We Didn't Have to Lose Arlen Specter  —  IT is disheartening and disconcerting, at the very least, that here we are today — almost exactly eight years after Senator Jim Jeffords left the Republican Party — witnessing the departure of my good friend and fellow moderate Republican …
RELATED:
William A. Jacobson / Le·gal In·sur·rec· tion:
Relax, The Dems Will Screw Up
Adam Green / Open Left:
Would YOU step up to help a progressive challenger to Specter?
Lee Fang / Think Progress:
VIDEO REPORT: Conservatives' 100 Days Of Opposition
Discussion: The Reaction
Jack Healy / New York Times:
U.S. Economy in 2nd Straight Quarter of Steep Decline  —  The American economy shrank rapidly in the first three months of the year, the government reported on Wednesday, a signal that the economy is likely to remain a dominant issue as the Obama administration looks beyond its first 100 days.
RELATED:
Lucia Mutikani / Reuters:
U.S. economy tumbles in first quarter  —  WASHINGTON (Reuters) - The U.S. economy contracted at a surprisingly sharp 6.1 percent rate in the first quarter as exports and business inventories plummeted.  —  The drop in gross domestic product, reported by the Commerce Department on Wednesday …
U.S. Bureau of Economic Analysis:
GROSS DOMESTIC PRODUCT: FIRST QUARTER 2009 (ADVANCE)  —  Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 6.1 percent in the first quarter of 2009, (that is, from the fourth quarter …
David Leonhardt / Economix:
Shrinking Like It's 1958  —  How bad have the last two quarters been?
Discussion: The Daily Dish and Greg's Opinion
Jeannine Aversa / Associated Press:   Economy shrinks at 6.1 percent pace in 1Q
RELATED:
New York Times:
First U.S. Death From Swine Flu Is Reported  —  American authorities confirmed the first death outside of Mexico from swine flu on Wednesday, as the number of confirmed cases of the disease continued to rise in Europe.  —  President Obama, in a morning news conference …
Discussion: Wake up America and City Pages
Lauran Neergaard / Associated Press:
First US swine flu death, spread deepens in Europe
Discussion: Clusterstock and Hot Air
Simon Jenkins / Guardian:
Swine flu? A panic stoked in order to posture and spend
Discussion: Harry's Place
Myglesias / Matthew Yglesias:
DeMint: Republicans Losing Because of “Forced Unionization”  —  When a party does badly in a couple of elections in a row and winds up losing a ton of seats, the natural consequence is to end up more concentrated in its regional base of support.  The Republicans did poorly in 2006 …
Discussion: The New Republic
RELATED:
Peter Hamby / CNN:
Specter defection highlights GOP divide in South Carolina  —  WASHINGTON (CNN) - In the wake of Arlen Specter's defection to the Democratic caucus, Republicans are primed for yet another round of soul-searching and intra-party sniping about the GOP's future.
Discussion: Philly.com and TPMDC
The Politico:
Dems win Specter bidding war
Discussion: The Swamp and Ben Smith's Blog
Ralph Z. Hallow / Washington Times:
EXCLUSIVE: Steele may lose purse strings  —  A battle over control of the party's purse strings has erupted at the troubled Republican National Committee, with defenders of Chairman Michael S. Steele accusing dissident RNC members of trying to “embarrass and neuter” the party's new leader.
New York Times:
Obama's Stand in Auto Crisis Shows Early Resolve  —  WASHINGTON — By the time he sat down in the Oval Office to brief Michigan's Congressional delegation, President Obama had made up his mind.  Days earlier, he had decided to oust the head of General Motors and give it and Chrysler weeks to fix themselves.
RELATED:
Wall Street Journal:
The Truth About Cars and Trucks
Discussion: Betsy's Page
David Leonhardt / New York Times:
After the Great Recession  —  On April 14, President Obama gave a speech at Georgetown University, trying to explain why he was taking on so many economic issues so early in his administration.  He argued that the country needed to break its bubble-and-bust cycle and cited the New Testament …
Neil A. Lewis / New York Times:
Official Defends Signing Interrogation Memos  —  WASHINGTON — Judge Jay S. Bybee broke his silence on Tuesday and defended the conclusions of legal memorandums he had signed as a Bush administration lawyer that allowed use of several coercive interrogation practices on suspected terrorists.
Bloomberg:
Fed Is Said to Seek Capital for at Least Six Banks  —  At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said.  —  While some of the lenders may need extra cash injections from the government …
Dexter Filkins / New York Times:
Poppies a Target in Fight Against Taliban  —  ZANGABAD, Afghanistan — American commanders are planning to cut off the Taliban's main source of money, the country's multimillion-dollar opium crop, by pouring thousands of troops into the three provinces that bankroll much of the group's operations.
Laura Rozen / The Cable:
State of play in the Harman case  —  Rep. Jane Harman has hired lawyer Lanny Davis, a former special counsel to President Bill Clinton during the Lewinsky affair, as a media advisor, The Cable has learned.  —  The enlisting of the heavyweight help is the latest sign that the California Democrat intends …
Timothy P. Carney / www.washingtonexaminer.com:
Former Barney Frank staffer now top Goldman Sachs lobbyist  —  Goldman Sachs' new top lobbyist was recently the top staffer to Rep. Barney Frank, D-Mass., on the House Financial Services Committee chaired by Frank.  Michael Paese, a registered lobbyist for the Securities Industries …
Chris Cillizza / The Fix:
White House Cheat Sheet: 100 Days Winners and Losers  —  President Obama speaks to reporters after Health and  —  Human Services Secretary Kathleen Sebelius was sworn in during a  —  On President Obama's 100th day in office, it's clear he has won far more than he has lost during his time in the White House.
 
 
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 More Items: 
Dick Morris / The Hill:
Obama sows seeds of demise
Byron York / www.washingtonexaminer.com:
The black-white divide in Obama's popularity
Discussion: Townhall.com
Kara Rowland / Washington Times:
Boehner says Obama's bills makes him ‘want to throw up’
Discussion: Glenn Thrush's Blog
The Smoking Gun:
FEMA's “Scary Thing”
Discussion: Raw Story
Mark Knoller / CBS News:
Obama's First Hundred Days: By The Numbers
Discussion: Swampland
 Earlier Items: 
Los Angeles Times:
American Express' risk-cutting poses its own risks
Saskia Scholtes / Financial Times:
Commercial mortgages at risk
Discussion: Clusterstock
Charles Lane / Washington Post:
Electric Cars — Not Ready to Roll
 

 
From Mediagazer:

Aaron Fritschner / @fritschner:
[Thread] Uri Berliner's essay on NPR bias has significant problems, including verifiable falsehoods, flawed arguments, and questionable voter registration data

Dylan Byers / @dylanbyers:
Sources: former Disney TV chief Ben Sherwood and former Hearst Magazines exec Joanna Coles will buy a 49% stake in The Daily Beast; Barry Diller will retain 51%

Matthew Keys / The Desk:
Federal prosecutors charge Marco Gaudino with one count of conspiracy for allegedly giving Tim Burke credentials to access systems used by Fox News and others

 
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