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10:20 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!
RELATED:
ABCNEWS:
Blago Says He Thought of Oprah for Senate  —  Blago Goes on ‘GMA’ and Skips His Impeachement Trial  —  Illinois' beleaguered Gov. Rod Blagojevich said today that when he was deciding who would take President Obama's Senate seat he considered appointing talk show queen Oprah Winfrey.
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.
Wall Street Journal:
The Stimulus Time Machine  —  That $355 billion in spending isn't about the economy.  —  The stimulus bill currently steaming through Congress looks like a legislative freight train, but given last week's analysis by the Congressional Budget Office, it is more accurate to think of it as a time machine.
RELATED:
Robert J. Samuelson / Washington Post:
Three Crises In One  —  We all want President Obama to succeed …
Discussion: Commentary
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.
Myglesias / Matthew Yglesias:
Rail in the Stimulus  —  Rep Peter DeFazio has authored an amendment that would increase the level of rail funding in the stimulus bill.  It's an excellent idea.  Funds for highway repairs are a fine use of stimulus money, but insofar as we're investing in new transportation capabilities …
Discussion: Eschaton
RELATED:
Jim Snyder / The Hill:   Rail group seeks track to stimulus funds
RELATED:
Louise Story / New York Times:
For $10, Fuld Sold Florida Mansion to His Wife  —  Housing prices are falling around the country, but this one sounds hard to believe: A seaside mansion on Jupiter Island in Florida, bought for more than $13 million five years ago, was just sold for $10.  —  That's right, 10 bucks.
Discussion: Reuters
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.
Lyndsey Layton / Washington Post:
Senate Seat Is Latest Stop On Bennet's Unlikely Ride  —  Learning on the Job Has Become Coloradan's Hallmark  —  Michael Bennet has been sleeping in his mother's Woodley Park house and taking the Metro to a borrowed conference room in the Hart Senate Office Building to meet with staff members, who are also on loan.
Discussion: The Caucus
Jeffrey M. Jones / Gallup:
Obama's Initial Approval Ratings in Historical Context  —  Rank among the best for a newly elected president since World War II  — USA - Government and Politics - Leadership - Presidential Job Approval - The Presidency - Americas - Northern America  —  PRINCETON, NJ …
Discussion: USA Today
Jane Mayer In / New Yorker:
BEHIND THE EXECUTIVE ORDERS  —  On Thursday, President Barack Obama consigned to history the worst excesses of the Bush Administration's “war on terror.”  One of the four executive orders Obama signed effectively cancelled seven years of controversial Justice Department legal opinions authorizing methods …
Washington Post:
School Vouchers  —  EARLY SURVEYS of D.C. parents of children receiving federal school vouchers showed many of them liked the program because they believed their children were in safe schools.  Over time, a new study shows, their satisfaction has deepened to include an appreciation for small class sizes …
Discussion: Washington Monthly and Commentary
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.”
New York Post:
JUST PLANE DESPICABLE  —  ‘RESCUED’ CITI BUYING $50M JET  —  Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed.  —  Even though the bank's stock is as cheap as a gallon of gas …
Glenn Greenwald / Salon:
Continuing Bush policies in Israel and Afghanistan  —  By all accounts, the U.S. is suffering extreme economic woes.  We continue to borrow trillions of dollars simply to prevent financial collapse.  Our military resources are spread so thin that the establishment consensus view blames …
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 …
Carrie Budoff Brown / The Politico:
Who will be first to define stimulus?  —  Democrats and Republicans are in a race to define the $825 billion stimulus bill before the other can - wielding poll-tested words and carefully polished talking points to cement their vision of the plan in the public mind.
 
 
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 More Items: 
Nate Silver / FiveThirtyEight.com:
Feingold Introduces 28th Amendment
Karen J. Greenberg / Washington Post:
When Gitmo Was (Relatively) Good  —  In his first week in office …
Discussion: The Daily Dish
Directorblue / Doug Ross:
And on the fifth day, subpoenas were served to Obama's senior staff
John Bresnahan / The Politico:
Dems brace for fundraising slump
Discussion: MSNBC
New York Times:
Pfizer Agrees to Pay $68 Billion for Rival Wyeth
Discussion: DealBook and WSJ.com
Financial Times:
SPD chief attacks financial ‘gangsters’
Alissa J. Rubin / New York Times:
Iraq's Leader Pushes for Election Gains, but Some Fear Iron Hand
Discussion: Commentary and Informed Comment
Washington Post:
Fed May Gain More Financial Oversight
 Earlier Items: 
CBS News:
Time Running Out For A Two-State Solution?
Discussion: Israel Matzav and Corrente
CNN:
Paterson: ‘No signal from me’ for Kennedy to quit
Chelsea Kate Isaacs / The Miami Hurricane:
‘Campaign architect’ Karl Rove speaks to students about Gitmo, presidential legacy
Rachel Johnson / Times of London:
‘Soviet’ Britain swells amid the recession
Discussion: Samizdata.net and Pajamas Media
Fox News:
Pelosi Shrugs off Alcatraz as Possible Terror Detention Facility
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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