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8:35 PM ET, April 22, 2010

memeorandum

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BANKS: Deposits Guaranteed … Through the great banking houses of Manhattan last week ran wild-eyed alarm.  Big bankers stared at one another in anger and astonishment.  A bill just passed by both houses of Congress would rivet upon their institutions what they considered a monstrous system of guaranteeing bank deposits.
RELATED:
The White House:
Remarks by the President on Wall Street Reform Cooper Union, New York, New York  —  THE PRESIDENT: Thank you very much.  Everybody, please have a seat.  Thank you very much.  Well, thank you.  It is good to be back.  (Applause.)  It is good to be back in New York, it is good to be back in the Great Hall at Cooper Union.
The Politico:
Reid rolls dice on Wall St. bill  —  Senate Majority Leader Harry Reid (D-Nev.) placed a bet Thursday: call the roll on a Wall Street reform bill and at least one Republican will say aye.  —  Emboldened by public anger toward Wall Street, Democrats set the first key vote for Monday on a bill …
Ben Armbruster / Think Progress:
Issa Admits He Has No Proof For His Conspiracy That Obama White House Is Colluding With SEC  —  Last Friday, the Securities and Exchange Commission (SEC) filed a civil lawsuit against Wall Street giant Goldman Sachs for allegedly selling mortgage investments that were secretly intended to fail …
Myglesias / Matthew Yglesias:
Higher Taxes: The Solution to Obscene Wall Street Profits  —  Ezra Klein uses some charts and graphs to demonstrate how profits and compensation have skyrocketed on Wall Street, and concludes: … I don't really understand this progressive passion for trying to micromanage the structure of the American economy.
Discussion: Ezra Klein
Ezra Klein:
What would FDR do?  —  In 1936, Franklin Delano Roosevelt took the podium at Madison Square Garden to deliver a message to his critics.  “We [have] had to struggle with the old enemies of peace,” he said.  “Business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.
Discussion: New Deal 2.0 and Newsweek Blogs
NBC Chicago:
Redactions Revealed: The Six Secrets You Need to Know From the Obama Subpoena Request  —  Former governor Rod Blagojevich's defense team asked Thursday to issue a trial subpoena to the President of the United States of America.  —  The motion, intended to be heavily redacted …
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Frances Martel / Mediaite:
Mediaite Exclusive: Censored Portions of Blago Subpoena May Implicate Team Obama  —  Today in United States v. Rod Blagojevich: following up on his 2008 claims that then-Senator Barack Obama was one of a few people who could testify to his innocence, his defense team issued a motion today to subpoena the President to testify in court.
WBBM-TV:
Judge Holds Emergency Hearing In Blagojevich Case  —  Defense Motion To Subpoena President Barack Obama Contained Sealed Information That Was Visible In Some Electronic Formats  —  CHICAGO (CBS) ― The judge presiding over the corruption case against former Gov. Rod Blagojevich summoned attorneys …
Discussion: National Review
Dave Itzkoff / ArtsBeat:
‘South Park’ Episode Is Altered After Muslim Group's Warning  —  A message posted on SouthParkStudios.com, the Web site of Trey Parker and Matt Stone's production company.  —  8:56 a.m. |  Updated  —  An episode of “South Park” that continued a story line involving the Prophet Muhammad …
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Andrew Sullivan / The Daily Dish:
Puss-TV vs Non-Puss TV  —  If you try to access the latest episode of South Park online, you get the message above.  —  I know I'm a broken record, but the two-part 200th episode was about as close to genius - and hardcore fan-pandering - as you can get.  Hennifer Lopez, Mr Hat …
Discussion: The Awl and NewsReal Blog
The Corner on National Review Online:
Liberty, Tyranny, and the Globe — By: NRO Staff  —  I don't know Jim Manzi, but given his out-of-nowhere rant, you'd think I ran over his dog or something.  Feel free to read my book, and the chapter Manzi distorts and cherry-picks, yourself.  You don't need Manzi to interpret it.
RELATED:
Reuters:
Exclusive: WellPoint routinely targets breast cancer patients  —  (Reuters) - One after another, shortly after a diagnosis of breast cancer, each of the women learned that her health insurance had been canceled.  First there was Yenny Hsu, who lived and worked in Los Angeles.
Matt Corley / Think Progress:
Cheney: Telling Leahy to ‘f*ck’ himself was ‘sort of the best thing I ever did.’  —  In 2004, then-Vice President Dick Cheney had a “frank exchange of views” with Sen. Patrick Leahy (D-VT) on the Senate floor over Cheney's ties to Halliburton and President Bush's judicial nominees.
Thomas Fitzgerald / Philly.com:
In Pa. House race, identity politics with a twist  —  It's happened so often that it's now a cultural cliche: the gay politician pretending to be straight.  In most parts of the nation, homosexuality or bisexuality is a clear electoral liability.  —  Not in Center City's 182d state House district.
Tim Shipman / Daily Mail:
'I've gone from being Churchill to a Nazi in a week': Clegg defends attack on Britain's ‘delusions of grandeur’ over WWII  —  A rattled Nick Clegg today sought to defend himself over his claim that the British people have a ‘more insidious cross to bear’ than Germany over World War II.
RELATED:
Ben Smith / Ben Smith's Blog:
Clegg and America  —  The sudden prospect (though not likelihood) …
Discussion: Mediaite, Israel Matzav and Eunomia
Martin Kady II / Glenn Thrush's Blog:
GOP brings KBH back into leadership  —  Sen. Kay Bailey Hutchison (R-Texas) is being rewarded for sticking with Republicans in the Senate.  —  Senate Minority Leader Mitch McConnell (R-Ky.) on Thursday appointed Hutchison as a “counsel” to GOP leadership to serve alongside Judd Gregg of New Hampshire and Bob Bennett of Utah.
Discussion: Erick's blog and Riehl World View
RELATED:
Jordan Fabian / The Hill:
Sen. Hutchison gets leadership post
Discussion: The Page
Mark Murray / msnbc.com:
Obama administration to appeal prayer ruling  —  From NBC's Pete Williams  —  The Justice Department says it intends to appeal a federal court ruling that found the National Day of Prayer to be a violation of the separation between church and state.  —  The ruling came in a lawsuit filed …
Discussion: The Blotter
RELATED:
CNN:
U.S. appeals ruling striking down National Day of Prayer
Jonathan Chait / The New Republic:
Conservative Radio Silence On Financial Regulation  —  Yesterday I commented on the miraculous nature of the sudden revival of financial reform.  One other key element in this upsurge is the intellectual disarray on the right.  Conservatives do not know what to say or think about this.
Peterhamby / CNN:
Pawlenty makes moves in South Carolina  —  Tim Pawlenty is scheduled to visit South Carolina in May.  —  Washington (CNN) - His top advisers have already started talks with key political players in South Carolina, and now Minnesota Gov. Tim Pawlenty, a potential 2012 presidential contender …
Marist Poll:
4/22: Making Change with the 50 Dollar Bill  —  A Republican congressman from North Carolina has proposed legislation that would replace the image of President Ulysses S. Grant on the fifty dollar bill with that of President Ronald Reagan.  Do Americans want this change to occur?
Mike Lillis / The Washington Independent:
In Coal Country, a Culture of Fear  —  Massey Intimidates Workers, Families Into Silence … Charleston, W.Va. — Two weeks after the horrific explosion that killed 29 coal miners in southern West Virginia, it's business as usual for the owner of the project.
Wall Street Journal:
Democrats at the Edge of the Cliff  —  Democrats are spending trillions at the worst possible moment, with a new poll showing public trust in government at a historic low of 22%.  —  There was always something eerie about the way the Democrats said their health-care legislation was what the American people had waited “70 years” for.
Discussion: The New Republic
Jen DiMascio / The Politico:
Pentagon pulls Graham invitation  —  The Pentagon has withdrawn an invitation to Franklin Graham to speak at the Pentagon's National Day of Prayer services on May 6 because of past comments the preacher has made about Islam, including calling the religion “evil.”
Yves Smith / naked capitalism:
Blankfein: Suit Against Goldman Will “Hurt America”  —  An interesting disconnect exists between Goldman's public posture on the SEC's suit against it over its Abacus 2007 AC1 deal and its private remarks.  The firm has maintained that the charges are baseless and politically motivated …
George F. Will / Press Association:
Bringing Thunder-ous change to New Jersey  —  The bridge spanning the Delaware River connects New Jersey's capital with this town where the nation's most interesting governor occasionally eats lunch at Cafe Antonio.  It also connects New Jersey's government with reality.
Christina Kauffman / YD Home:
Gingrich draws crowd to York speech  —  Juggling two cell phones in a dark backstage room at the Strand-Capitol Performing Arts Center Wednesday evening, former Speaker of the House Newt Gingrich said he hasn't yet decided whether he'll run for president in 2012.
Fox News:
Rove's Take: Races to Watch in November, Finance Regulation Reform and Tea Party Power  —  This is a rush transcript from “On the Record,” April 21, 2010.  This copy may not be in its final form and may be updated.  —  GRETA VAN SUSTEREN, FOX NEWS HOST: Tonight: Get this.  Karl Rove is a roadie?
Ben Geman / The Hill:
Graham: Immigration would ‘destroy ability to do climate change’  —  Sen. Lindsey Graham (R-S.C.) on Thursday said the Senate is not ready to tackle immigration reform and that bringing a bill forward would be “CYA politics.”  —  CYA is slang for “cover your a**.”
 
 
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 More Items: 
ABCNEWS:
White House Hosts Take Our Daughters and Sons to Work Day
Discussion: CNN
Myglesias / Matthew Yglesias:
Rep Brian Bilbray Says He Can Spot Illegal Immigrants Based on Their Shoes
Joshua Benton / Nieman Journalism Lab:
Clay Shirky: On the necessity of waste, the power of institutions …
Discussion: Big Journalism
Sammy Benoit / YID With LID:
The IPCC's Brand New Global Warming Screw-up: Happy Earth Day?
Discussion: Hot Air
Tim Padgett / Time:
After 10 Years, Revisiting the Elián González Fiasco
Discussion: The Washington Note
Ashish Kumar Sen / Washington Times:
Senior official quits Amnesty International
 Earlier Items: 
Blue Texan / Firedoglake:
GM Pays Back Government Loan 5 Years Early, Right-Wingers Wipe Egg from Faces
Ezra Klein:
Dodd: 'It's not size; we're preoccupied with size.'
Discussion: Firedoglake and Matthew Yglesias
CNN:
Poll: Obama gets thumbs down on Israel
kff.org:
Kaiser Health Tracking Poll — April 2010
Discussion: The Fix, Daily Kos and USA Today