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2:35 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:
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.
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
Lee Fang / Think Progress:
VIDEO REPORT: Conservatives' 100 Days Of Opposition  —  In the first 100 days of the Obama presidency, the conservative movement has undergone a period of radicalization.  From knee-jerk opposition to the President's policies, to petty insults and conspiracy theories aimed at smearing Obama …
Discussion: Progress Illinois and The Reaction
The Politico:
Dems win Specter bidding war
Discussion: The Swamp and Ben Smith's Blog
Alexander Burns / The Politico:
Obama targets tea bags at town hall  —  At his 100th-day town hall meeting in St. Louis Wednesday, President Barack Obama took direct aim at the anti-tax “tea party” demonstrations that have cropped up over the last month and took a veiled shot at the Fox News Channel, the cable news network closely associated with the protests.
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:
CNBC.com:
GDP Down 6.1%, Reflecting Continuing Economic Woes  —  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 …
Discussion: D-Day
David Leonhardt / Economix:
Shrinking Like It's 1958  —  How bad have the last two quarters been?
Discussion: The Daily Dish and Greg's Opinion
Carl Hulse / New York Times:
House Approves Budget Plan  —  WASHINGTON — The House approved a $3.5 trillion federal budget on Wednesday as Democrats raced to cap President Obama's first 100 days in office by adopting a fiscal blueprint laying out the path for his chief policy initiatives.
Discussion: The Hill and Open Left
RELATED:
CNN:
House approves $3.44 trillion budget resolution
Discussion: Michelle Malkin
William A. Jacobson / Le·gal In·sur·rec· tion:
Relax, The Dems Will Screw Up
RELATED:
Lauran Neergaard / Associated Press:
Swine flu spreads in 10 US states, Europe
Discussion: Clusterstock and Hot Air
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.
RELATED:
Faiz Shakir / Think Progress:
Steele may lose control over RNC purse strings.
Discussion: Senate Guru and Philly.com
Byron York / www.washingtonexaminer.com:
The black-white divide in Obama's popularity  —  On his 100th day in office, Barack Obama enjoys high job approval ratings, no matter what poll you consult.  But if a new survey by the New York Times is accurate, the president and some of his policies are significantly less popular …
New York Times:
Early Resolve: Obama Stand in Auto Crisis  —  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
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 …
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.
Michael Ledeen / Pajamas Media:
“Never Again,” Obama Style  —  No president in modern times has managed to conceal so much of his biography as this one.  The journalists assigned to the Obama beat seem to have lost their traditional avidity for digging out the missing details.  We do not have a medical report …
Eric Kleefeld / TPMDC:
Historian Michele Bachmann Blames FDR's “Hoot-Smalley” Tariffs For Great Depression  —  Make no mistake: When it comes to economics, Rep. Michele Bachmann (R-MN) knows her history — even if that history is from another planet.  —  On Monday night, our friends at Dump Bachmann reported …
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 …
 
 
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 More Items: 
Keith Bradsher / New York Times:
China to Let Taiwan Participate in U.N. Body
Dick Morris / The Hill:
Obama sows seeds of demise
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: Wonkette
Reason:
Obama's Vision Deficit
Adam Green / Open Left:
Would YOU step up to help a progressive challenger to Specter?
 Earlier Items: 
Timothy P. Carney / www.washingtonexaminer.com:
Former Barney Frank staffer now top Goldman Sachs lobbyist
Chris Cillizza / The Fix:
White House Cheat Sheet: 100 Days Winners and Losers
Discussion: Reuters and Washington Post
Charles Lane / Washington Post:
Electric Cars — Not Ready to Roll
 

 
From Mediagazer:

Javier Espinoza / Financial Times:
The EU Commission fines Apple €1.8B for stifling competition from rival music streaming services, the EU's third-largest antitrust fine; Apple plans to appeal

Lucas Shaw / Bloomberg:
While HBO hit streaming DTC profitability under David Zaslav, via licensing to Netflix, slashing marketing, layoffs, and more, WBD's stock is down 25%+ YTD

Todd Spangler / Variety:
Fox CEO Lachlan Murdoch says the Fox, Disney, and WBD sports streaming joint venture is anticipating signing up 5M customers in the first five years

 
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