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7:05 PM ET, March 18, 2008

memeorandum

 Top Items: 
Drudge Report:
OBAMA SPEECH IN FULL: A MORE PERFECT UNION  —  “We the people, in order to form a more perfect union.”  —  Two hundred and twenty one years ago, in a hall that still stands across the street, a group of men gathered and, with these simple words, launched America's improbable experiment in democracy.
RELATED:
Charles Murray / The Corner:
Have I missed the competition?  —  I read the various posts here on “The Corner,” mostly pretty ho-hum or critical about Obama's speech.  Then I figured I'd better read the text (I tried to find a video of it, but couldn't).  I've just finished.  Has any other major American politician ever …
Andrew Sullivan / The Daily Dish:
The Speech  —  Alas, I cannot give a more considered response right now as I have to get on the road.  But I do want to say that this searing, nuanced, gut-wrenching, loyal, and deeply, deeply Christian speech is the most honest speech on race in America in my adult lifetime.
John Derbyshire / The Corner:
Obama's Lies  —  Not so much lies as a sort of slippery sleight-of-mouth.  I'm starting to really dislike Obama. … Segregation was not “the law of the land” in the 1950s.  It was the law in a minority of states. … If, as Obama seems to be claiming, those are the sentiments …
Mark Murray / MSNBC:
FIRST THOUGHTS: OBAMA'S BIG SPEECH  —  From Chuck Todd and Mark Murray  —  *** Obama's big speech: The last time a top presidential candidate gave an important speech on a sensitive topic was last December, when Mitt Romney talked about American faith.  His speech drew favorable reviews …
Discussion: MyDD and Trailhead
Shelby Steele / Wall Street Journal:
The Obama Bargain  —  Geraldine Ferraro may have had sinister motives when she said that Barack Obama would not be “in his position” as a frontrunner but for his race.  Possibly she was acting as Hillary Clinton's surrogate.  Or maybe she was simply befuddled by this new reality …
Deacon / Power Line:
OBAMA'S COURAGEOUS SPEECH  —  Here is the text of Barack Obama's “major address” on race relations and Pastor Wright.  Obama says he can no more disown the White America-hating Wright than he can disown his grandmother who, he says, occasionally uttered racial epithets [correction: she occasionally indulged in racial stereotyping].
The New Republic:
John McWhorter Reviews Obama's Speech  —  We reached out to several friends of the magazine to respond to Obama's big speech in Philadelphia today.  Here's what John McWhorter, a senior fellow at the Manhattan Institute, had to say.  —  In his speech in Philadelphia this morning …
Discussion: The Corner and Eunomia
Stanley Kurtz / The Corner:   MoveOn Move In  —  Obama's speech was thoughtful, powerful …
The New Republic:
Todd Gitlin Reviews Obama's Speech
Discussion: The Corner
David Corn / MoJoBlog:   “Black and More Than Black”: Obama's Daring and Unique Speech on Race
Kathryn Jean Lopez / The Corner:   Re: Closer to Wright?
The New Republic:   Alan Wolfe Reviews Obama's Speech
Karl / protein wisdom:
Does Barack Obama's religion matter?
Discussion: ABCNEWS and The Caucus
Jay Rosen / PressThink:
Obama tells the Best Political Team on Television: You Have a Choice
Discussion: Swampland and The Corner
Marc Ambinder:
Reflections On Obama's Speech
Discussion: THE LIBERAL JOURNAL and Bluey Blog
Fester / The Newshoggers:   Encourage the Conservative ID
Jonathan Chait / The New Republic:
The Politics of Obama's Speech
Charlotte Hays / The Corner:
The Politics of Grievance  —  Obama is no longer a post-racial candidate.
Washington Post:
A McCain Gaffe in Jordan  —  AMMAN, Jordan — Sen. John McCain, traveling in the Middle East to promote his foreign policy expertise, misidentified in remarks Tuesday which broad category of Iraqi extremists are allegedly receiving support from Iran.  —  He said several times that Iran …
RELATED:
Frank Newport / Gallup:
McCain's 67% Favorable Rating His Highest in Eight Years
CBS News:
CBS Poll: Pastor's Remarks Hurt Obama  —  While Most Are Unaffected By Controversy, A Third Of Those Who Have Heard About It View Obama Less Favorably  —  (CBS) A new CBS News poll finds that while most voters who have heard at least something about controversial statements …
RELATED:
David G. Savage / Los Angeles Times:
U.S. Supreme Court seems poised to strike down D.C. handgun ban  —  Several justices indicate they believe the 2nd Amendment of the Constitution protects individual rights.  —  WASHINGTON — The Supreme Court justices, hearing a historic argument on the meaning of the 2nd Amendment …
RELATED:
Katharine Q. Seelye / The Caucus:
Obama's New Radio Ads  —  PHILADELPHIA — Senator Hillary Clinton may be ahead in the polls here in Pennsylvania, but Senator Barack Obama is the first one up on the air, with two radio spots starting today.  They are the first ads in advance of the state's primary, April 22.
Discussion: Ben Smith's Blogs and The Page
Board of Governors of the Federal Reserve System:
For immediate release  —  The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to 2-1/4 percent.  —  Recent information indicates that the outlook for economic activity has weakened further.  Growth in consumer spending has slowed and labor markets have softened.
 
 
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 More Items: 
Michael M. Grynbaum / New York Times:
Dow Surges 420 Points on Fed Rate Cut and Earnings
Josh Gerstein / Latest Politics:
Senator Clinton's First Lady Schedules to Drop Tomorrow
Monisha Bansal / CNSNews:
Pelosi Wants ‘Rwanda-Like Genocide’ in Iraq, Expert Says
David Goldman / CNNMoney.com:
Inflation is Americans' top economic concern
Sam Stein / The Huffington Post:
Jesse Jackson: Obama Just Turned Crisis Into Opportunity
 Earlier Items: 
Paul Krugman:
Shouting “fire” in a crowded theater
Discussion: Megan McArdle and EconLog
Rich Lowry / The Corner:
“The Throw Your Grandmother Under the Bus Speech” [Rich Lowry]
Justin Rood / ABCNEWS:
White House E-Mail Battle Heats Up
Michael Arrington / TechCrunch:
Charlie Rose Face Plants To Save His MacBook Air
Marc Ambinder:
More On Imminent Death Of Michigan Primary....