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3:40 PM ET, April 22, 2010

memeorandum

 Top Items: 
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.
RELATED:
Time:
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.
Peter Baker / New York Times:
Obama Issues Sharp Call for Reforms on Wall Street  —  WASHINGTON - President Obama is traveling to the shadow of Wall Street on Thursday to counter what he calls “the furious efforts of industry lobbyists” trying to weaken or kill new financial regulations that he says are needed to stave off a second Great Depression.
Sam Youngman / The Hill:   Obama on Wall Street: A vote for reform is a vote to stop bailouts
New York Post:
City economy imperiled in the name of ‘reform’
Discussion: Atlas Shrugs and Politics Daily
Carrie Budoff Brown / The Politico:
Reid moves forward with reform vote  —  Senate Majority Leader Harry Reid (D-Nev.) said Thursday that he will not wait for Democrats and Republicans to reach a bipartisan compromise on a Wall Street reform bill, pledging to move ahead with the first key test vote Monday.
Discussion: TPMDC, The Page and Pat Dollard
RELATED:
Ben Geman / The Hill:
Pelosi tells Reid: Immigration bill before climate change is ‘fine’  —  Speaker Nancy Pelosi (D-Calif.) has told Senate Majority Leader Harry Reid (D-Nev.) she is “fine” with the Senate taking up immigration reform before climate change legislation.  —  Pelosi made the comments in a private meeting …
Byron York / Beltway Confidential:
In WH meeting, 'Only two of the elected officials in the room …
Discussion: Hot Air
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 …
RELATED:
BBC:
South Park warned on Muhammad
Charles Babington / Associated Press:
Obama suggests value-added tax may be an option  —  WASHINGTON - President Barack Obama suggested Wednesday that a new value-added tax on Americans is still on the table, seeming to show more openness to the idea than his aides have expressed in recent days.
RELATED:
kff.org:
Kaiser Health Tracking Poll — April 2010
Discussion: USA Today
Chris Cillizza / The Fix:
Stephanie Cutter to oversee White House health care strategy
Discussion: The Page
CNN:
Poll: Obama gets thumbs down on Israel  —  One third of Americans approve of how President Obama is handling the conflict between Israel and the Palestinians, according to a new poll.  —  Washington (CNN) - Only a third of Americans approve of the way President Obama's handling …
Discussion: Time and Israel Matzav
RELATED:
Wall Street Journal:
Israel Rebuffs U.S. on Building  —  Prime Minister Netanyahu Says He Won't Freeze Home Construction in East Jerusalem  —  By JAY SOLOMON in Washington and CHARLES LEVINSON in Jerusalem  —  Israeli Prime Minister Benjamin Netanyahu conveyed to the White House this weekend his rejection …
Yitzhak Benhorin / Ynetnews:
Obama to US Jews: peace cannot be imposed
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.
Discussion: Firedoglake, Wonk Room and Swampland
RELATED:
Jane Hamsher / Firedoglake:
WellPoint Targets Breast Cancer Patients for Recision
Reuters:
The tea party's exaggerated importance  —  2009 was the year when many journalists concluded they were slow to recognize the anti-government, anti-Obama rage that gave birth to the tea party movement.  —  2010 is the year when news organizations have decided to prove they get it.  —  And get it.
RELATED:
Candance Moore / NewsBusters.org:
Shocking Report: Police Find TEA Parties More Peaceful Than Anti-war Protests
Ralph Z. Hallow / Washington Times:
Internal RNC probe finds financial controls in disarray  —  Barely 6 1/2 months before the midterm elections, an internal investigation by the Republican National Committee has revealed that the organization is beset with questionable financial management and oversight and is spending …
RELATED:
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.
Discussion: Left Coast Rebel and Betsy's Page
RELATED:
Jennifer Rubin / Commentary:   Christie Targets Public-Employee Unions
realtor.org:
Existing-Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions  —  Buyers responding to the homebuyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of Realtors®.
RELATED:
Calculated Risk:
More on Existing Home Sales and Inventory
Discussion: Free exchange and The Big Picture
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 …
RELATED:
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.
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?
Andrew Taylor / Associated Press:
Millions face tax increases under Dems budget plan  —  WASHINGTON - President Barack Obama's Democratic allies in the Senate promise to cut the deficit by almost two-thirds over the next five years, but their budget plan could threaten about 30 million people with tax increases averaging $3,700 …
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.
Discussion: Moonbattery and Seattle Times
 
 
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 More Items: 
Jonathan Chait / The New Republic:
Conservative Radio Silence On Financial Regulation
Riley E. Dunlap / Gallup:
At 40, Environmental Movement Endures, With Less Consensus
Discussion: The Huffington Post
Blue Texan / Firedoglake:
GM Pays Back Government Loan 5 Years Early, Right-Wingers Wipe Egg from Faces
CNN:
Blagojevich defense team seeks to subpoena Obama
Discussion: The Note
Ezra Klein:
Dodd: 'It's not size; we're preoccupied with size.'
Discussion: Matthew Yglesias
 Earlier Items: 
George Russell / Fox News:
U.N.'s Ballooning $732 Million Haiti Peacekeeping Budget Goes Mostly …
Gail Collins / New York Times:
Dance of the Derivatives  —  The United States Senate.  Feel the love.
Discussion: The Huffington Post
David Brody / The Brody File:
Jim DeMint Talks to Brody File About Whether He Wants to Run for President
Discussion: The Hill and Weekly Standard
Wall Street Journal:
The Busted Homes Behind Big Bet