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8:45 AM ET, January 26, 2009

memeorandum

 Top Items: 
William Kristol / New York Times:
Will Obama Save Liberalism?  —  All good things must come to an end.  Jan. 20, 2009, marked the end of a conservative era.  —  Since Ronald Reagan's election in 1980, conservatives of various sorts, and conservatisms of various stripes, have generally been in the ascendancy.  And a good thing, too!
David E. Sanger / New York Times:
Nationalization Gets a New, Serious Look  —  WASHINGTON — Only five days into the Obama presidency, members of the new administration and Democratic leaders in Congress are already dancing around one of the most politically delicate questions about the financial bailout …
RELATED:
David Enrich / Wall Street Journal:
Lending Drops at Big U.S. Banks  —  Top Beneficiaries of Federal Cash Saw Outstanding Loans Decline 1.4% Last Quarter  —  Lending at many of the nation's largest banks fell in recent months, even after they received $148 billion in taxpayer capital that was intended to help the economy by making loans more readily available.
New York Times:
Obama's Order Is Likely to Tighten Auto Standards  —  WASHINGTON — President Obama will direct federal regulators on Monday to move swiftly on an application by California and 13 other states to set strict automobile emission and fuel efficiency standards, two administration officials said Sunday.
Michael D. Shear / Washington Post:
Financial Institutions May Need Additional Funds, Biden Says  —  Banks and other financial institutions may need more than the $700 billion in public money that has already been approved to repair the nation's feeble credit system, Vice President Biden and congressional Democrats said yesterday.
Discussion: Truthdig
RELATED:
Fox News:
Pelosi Shrugs off Alcatraz as Possible Terror Detention Facility
Discussion: JammieWearingFool
Sharon Otterman / New York Times:
Republicans Are Resistant to Obama's Stimulus Plan
Paul Krugman / New York Times:
Bad Faith Economics  —  As the debate over President Obama's economic stimulus plan gets under way, one thing is certain: many of the plan's opponents aren't arguing in good faith.  Conservatives really, really don't want to see a second New Deal, and they certainly don't want to see government activism vindicated.
Discussion: Prairie Weather and The Note
New York Post:
KENNEDYS LIVID AS GOV ASKED CAROLINE TO ‘LIE’  —  An “apoplectic” Kennedy family is seething over the rough treatment that heiress apparent Caroline got from Gov. Paterson's office and is spoiling for revenge, several sources close to the clan have told The Post.
RELATED:
CNN:   Paterson: ‘No signal from me’ for Kennedy to quit
Drudge Report:
PELOSI SAYS BIRTH CONTROL WILL HELP ECONOMY  —  Speaker of the House Nancy Pelosi boldly defended a move to add birth control funding to the new economic “stimulus” package, claiming “contraception will reduce costs to the states and to the federal government.”
Bob Cusack / The Hill:
Top Dem: No comprehensive health reform this year  —  A prominent House Democrat said he doesn't expect a comprehensive healthcare reform bill to pass Congress in 2009, saying an incremental approach to covering the uninsured would be better “than to go out and just bite something you can't chew.”
Andy McCarthy / The Corner:
Holder Continues to Claim that He Knew Nothing About Rich  —  After Eric Holder's confirmation hearing nearly two weeks ago, senators on the Judiciary Committee submitted follow-up questions for him to answer in writing.  In his hearing testimony, as in 2001 when Congress investigated …
Washington Post:
Fed May Gain More Financial Oversight  —  Some Worry Plan Would Give Bank Too Much Power  —  Congress is moving to create strong new oversight of the financial sector that would likely give the Federal Reserve authority to examine the workings of a wide range of companies in an attempt …
Discussion: Economy Watch and Kevin Drum
Alissa J. Rubin / New York Times:
Iraq's Leader Pushes for Election Gains, but Some Fear Iron Hand  —  JANAJUH, Iraq — Few have as much to gain or lose from the provincial elections on Saturday as Prime Minister Nuri Kamal al-Maliki, whose party is battling rivals across Iraq.  —  From palm grove-sheltered villages …
Discussion: Commentary and Informed Comment
CBS News:
Time Running Out For A Two-State Solution?  —  60 Minutes: Growing Number Of Israelis, Palestinians Say Two-State Solution Is No Longer Possible  —  (CBS) Getting a peace deal in the Middle East is such a priority to President Obama that his first foreign calls on his first day in office were to Arab and Israeli leaders.
Discussion: Israel Matzav and Corrente
RELATED:
Thomas L. Friedman / New York Times:
This Is Not a Test
Discussion: Commentary and Israpundit
 
 
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 More Items: 
Chelsea Kate Isaacs / The Miami Hurricane:
‘Campaign architect’ Karl Rove speaks to students about Gitmo, presidential legacy
Discussion: Taegan Goddard's …
Rachel Johnson / Times of London:
‘Soviet’ Britain swells amid the recession
Discussion: Samizdata.net and Pajamas Media
Jeralyn / TalkLeft:
Drug Lawyer Turns Informant, Stings Clients
Discussion: Unqualified Offerings
 Earlier Items: 
Rex Nutting / MarketWatch:
Economy in free fall in fourth quarter
Michelle Levi / CBS News:
Biden: I Am Not “Deputy President”
Discussion: MyDD and RedState
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

 
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