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4:15 PM ET, January 31, 2009

memeorandum

 Top Items: 
Roger L Simon / Pajamas Media:
Pajamas Media matters  —  I wrote a letter to the Pajamas Media network bloggers yesterday, some of whom took it a bit more personally than intended.  We disbanded the ad network part of our business for a simple reason: it was losing money and we couldn't see how in the reasonable future that would change.
RELATED:
TBogg:
“Roger Simon is pretty much a back stabbing douche so this was probably inevitable.”  —  diggs  —  digg it  —  Nobody could have anticipated that Pajamas Media would sucker the rubes and then destroy teh intertubes: … The comments are like a Sam Shepard play where the repressed loathing …
Jeff G. / protein wisdom:
What getting kicked to the curb in the age of new media looks like … What this means is that as of April 1, I am officially out of work.  So save going to a pay model, this site will likely have to shut down.  —  Small price to pay for helping PJM pick up an audience and credibility during its “formative years.”
Pamela Geller / Atlas Shrugs:
PAJAMA MEDIA CLOSES ITS DOORS  —  Pajama media is shutting down the blog.  I can't say I am surprised.  What a disappointment and enormous waste of precious and rare blog investment.  —  I was one of the original pajama bloggers.  I thought PJM was going to rival AP, UPI, Reuters.
Discussion: Riehl World View
New York Times:
It's Theirs and They're Not Apologizing  —  Getting between a broker and his bonus is like getting between a schnauzer and his lunch bowl.  He may not bite you, but you are going to smell his breath.  —  “People come here because they want to work hard and get paid a lot for working hard …
RELATED:
David Cho / Washington Post:
A Multi-Pronged Bank Plan  —  Administration Finalizing Strategy, Probably Won't Toughen Pay Restrictions  —  The Obama administration has finished drafting the central elements of its plan to rescue the financial markets and is gathering feedback from regulators and Wall Street executives …
Wall Street Journal:
On Street, New Reality on Pay Sets In  —  Financial Firms Race to Reset Compensation Policies as U.S. Government Aims to Set Some Limits  —  Wall Street's pay system isn't dead yet.  But it is in trouble.  —  President Obama's rhetorical assault on “shameful” bonuses reverberated across trading floors …
Mike Allen / The Politico:
Playbook: Late-taxes saga  —  Robert Gibbs, in look-ahead profile interview with CBS' Peter Maer: ""I'm not going to lie from that podium.  House Minority Whip Eric I. Cantor of Virginia, reading the Daschle news off his BlackBerry to last night's banquet of a House Republican retreat …
Discussion: Riehl World View
RELATED:
Mark Silva / The Swamp:
Axelrod: Geithner eyeing Wall St. bonuses
Discussion: Hot Air and TIME.com
Dotcomabc / Political Punch:
More Daschle Tax Issues
Kevin Freking / Associated Press:
Tax troubles arise for 2nd Obama Cabinet nominee
Molly Hooper / The Hill:
GOP losing patience with Obama, Dem leaders  —  Republicans wrapped up their retreat Friday by signaling they are losing patience with President Obama and the Democratic leadership in Congress.  —  Former Gov. Mitt Romney (R-Mass.) criticized the new administration on Friday …
RELATED:
Colbert I. King / Washington Post:   Republicans Need to Remember Hoover
Sheryl Gay Stolberg / New York Times:
Republican Leads as a Cabinet Choice  —  WASHINGTON — Senator Judd Gregg, Republican of New Hampshire, is the top contender to become President Obama's nominee for commerce secretary, the White House said Saturday.  —  “Senator Gregg is now the leading candidate for commerce and a pick …
RELATED:
Agence France Presse:
Iran says Obama's offer to talk shows US failure … US President Barack Obama's offer to talk to Iran shows that America's policy of “domination” has failed, the government spokesman said on Saturday.  —  “This request means Western ideology has become passive, that capitalist thought …
Fox News:
Defense Official: Obama Calling for Defense Budget Cuts  —  Some overall budget figures are expected to be announced Monday.  —  FOXNews.com  —  The Obama administration has asked the military's Joint Chiefs of Staff to cut the Pentagon's budget request for the fiscal year 2010 by more than 10 percent …
RELATED:
BBC:
Iraqi PM hails vote as ‘victory’  —  Iraqi Prime Minister Nouri Maliki has hailed a largely peaceful vote for new provincial councils across the country as a victory for all Iraqis.  —  Voting was extended by one hour due to a strong turnout, including among Sunni Muslims who boycotted the last polls.
RELATED:
Stephen Farrell / New York Times:
Under Tight Security, Voting Seems Calm in Iraq
Discussion: The Strata-Sphere
David McKenzie / CNN:
Obama's half brother arrested in Kenya  —  NAIROBI, Kenya (CNN) — George Obama, the half brother of U.S. President Barack Obama, has been arrested by Kenyan police on a charge of possession of marijuana, police said Saturday.  —  Inspector Augustine Mutembei, the officer in charge …
Discussion: Don Surber
Peter Berkowitz / Wall Street Journal:
Bush Hatred and Obama Euphoria Are Two Sides of the Same Coin  —  Now that George W. Bush has left the harsh glare of the White House and Barack Obama has settled into the highest office in the land, it might be reasonable to suppose that Bush hatred and Obama euphoria will begin to subside.
 
 
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 More Items: 
Colum Lynch / Washington Post:
In Book, Insider Recounts Hunt for Hussein's Weapons
Discussion: Emptywheel
Bruce Schreiner / Associated Press:
Storm-struck KY calls up entire Army Nat'l Guard
Discussion: Right Wing Nut House and Tim Blair
 Earlier Items: 
Matt Corley / Think Progress:
Card: Obama has brought a ‘locker room experience’ …
Discussion: Washington Monthly
David Neiwert / Crooks and Liars:
Glenn Beck wants to kick California out of the Union
David Dishneau / Associated Press:
Feds allege plot to destroy Fannie Mae data
 

 
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Kent Walker / The Keyword:
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Mishaal Rahman / Android Authority:
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Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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