Top Items:
New York Times:
U.S. Plans to Curb Executive Pay for Bailout Recipients — WASHINGTON — The Obama administration is expected to impose a cap of $500,000 for top executives at companies that receive large amounts of bailout money, according to people familiar with the plan.
Discussion:
Obsidian Wings, Wall Street Journal, DownWithTyranny!, The Note, BloggingStocks, Vox Popoli, JammieWearingFool, Buck Naked Politics, Political Punch, The Field on the Narcosphere, The Atlantic Business Channel, naked capitalism, About.com US Politics, Shakesville, The Corner, JustOneMinute, Michelle Malkin and Open Congress
RELATED:
MSNBC:
Obama to announce limits on executive pay
Obama to announce limits on executive pay
Discussion:
Bloomberg, On Deadline, BuzzFlash.org, Washington Post, Brilliant at Breakfast, Think Progress and AMERICAblog News
Kara Scannell / Wall Street Journal:
Frank Backs Regulator for Systemic Risk
Frank Backs Regulator for Systemic Risk
Discussion:
Pajamas Media
Maureen Dowd / New York Times:
Well, That Certainly Didn't Take Long — On 9/11, President Bush learned of disaster while reading “The Pet Goat” to grade-school kids. On Tuesday, President Obama escaped from disaster by reading “The Moon Over Star” to grade-school kids. — “We were just tired of being in the White House …
Discussion:
The Moderate Voice, Commentary, Washington Post, Bark Bark Woof Woof and Brilliant at Breakfast
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Ben Feller / Associated Press:
On a tough day, Obama escapes for a while — WASHINGTON (AP) - On the rockiest day of his young administration, President Barack Obama did what surely made him happy for a while. — He left. — With little notice, the president and first lady Michelle Obama bolted the gated compound …
Discussion:
Los Angeles Times, The Strata-Sphere, Tammy Bruce, Little Green Footballs, The Daily Politics and NewsBusters.org
The Atlantic Politics Channel:
Czar Mitt — President Obama could do worse. Romney has a bad reputation among Congressional Democrats, so I can't imagine they'd cotton to this. In fact, it's highly unlikely. But what Romney, in a bipartisan fashion, was able to do in Massachusetts — even with caveats …
Discussion:
Townhall.com, No More Mister Nice Blog, Don Surber, The Treatment, Liberal Values, Swampland, Whiskey Fire, Hot Air and MyDD
RELATED:
New York Times:
As Nominee Trips, Health Care Drive Suffers a Setback
As Nominee Trips, Health Care Drive Suffers a Setback
Discussion:
The Fix, Washington Post, WSJ.com, Los Angeles Times, USA Today, Wall Street Journal, marbury, Washington Monthly, Time, Prairie Weather and American Prospect
Washington Post:
Senate Lacks Votes to Pass Stimulus — Democrats Trying to Trim $900 Billion Plan to Gain GOP Support — Senate Democratic leaders conceded yesterday that they do not have the votes to pass the stimulus bill as currently written and said that to gain bipartisan support …
Discussion:
Shopfloor, Wizbang, Capital Commerce, Marginal Revolution, The Agonist and Rising Hegemon
Glenn Thrush / The Politico:
Did WH encourage defiance of Pelosi? — Rep. Jim Cooper (D-TN) — one of the lead Blue Dogs — made a startling admission to lefty Liberadio on Sunday, suggesting the White House quietly encouraged him to buck House leadership on the stimulus. — Cooper was one of 11 Dems to vote no — joining every GOP House member.
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The Atlantic Politics Channel:
The Future Of The Stimulus — Just 15 years ago, President Clinton's $16.3 billion economic stimulus package was backlogged in the Senate because moderate Republicans and Democrats refused to go along with roughly $12 billion in new spending. Like Obama, President Clinton sold the plan …
Discussion:
Los Angeles Times
Eric Kleefeld / TPMDC:
McCain Sends Out E-Mail Petition Against Stimulus Bill
McCain Sends Out E-Mail Petition Against Stimulus Bill
Discussion:
The Caucus, The Nation, MyDD, PoliGazette, The Hill's Blog Briefing Room and Washington Monthly
Owen Thomas / Gawker:
Rahm Emanuel's Illegal D.C. Basement Rental — He's the cheapskate of staff. Rahm Emanuel, Barack Obama's right-hand man, lives in a basement apartment on Capitol Hill rented to him by Congresswoman Rosa DeLauro. Just one problem: He's not allowed to live there.
Paul McDougall / InformationWeek:
IBM Offers To Move Laid Off Workers To India — Big Blue wants to help redundant U.S. employees relocate to developing markets, according to an internal document. — The climate is warm, there's no shortage of exotic food, and the cost of living is rock bottom.
Discussion:
Marginal Revolution
RELATED:
Times of London:
President Obama to water down ‘Buy American’ plan after EU trade war threat — Obama seeks Russia deal to slash nuclear weapons 80 per cent — The European Union warned the US yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war.
Discussion:
Reason, Fausta's Blog, Fox News, QandO, GINA COBB, JammieWearingFool and Democracy in America
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Yves Smith / naked capitalism:
The Bad Bank Assets Proposal: Even Worse Than You Imagined — Dear God, let's just kiss the US economy goodbye. It may take a few years before the loyalists and permabulls throw in the towel, but the handwriting is on the wall. — The Obama Administration, if the Washington Post's latest report …
Discussion:
Wall Street Journal
RELATED:
Peter J. Parisi / Washington Times:
Democrats' call for civility 8 years late — ANALYSIS/OPINION: — The day before Barack Obama's inauguration as president, “Purple Nation” columnist Lanny Davis pleaded on this page for a return to civility in our nation's politics. — Mr. Davis, a proudly self-professed liberal Democrat …
Alan S. Blinder / Wall Street Journal:
My Economic Wish List — The House plan doesn't spend fast enough. — While wiping my desk lamp the other day, a genie appeared, offering me — you guessed it — three wishes. I first asked him to restore my portfolio to its former glory. He demurred: “No, I only grant wishes for the national economy.
Steven Leser / OpEdNews.Com Progressive, Tough Liberal:
Mark Halperin, Chris Matthews and Anderson Cooper Skew Obama Ratings … It all started with Mark Halperin's brief note in Time Magazine, http://thepage.time.com/2009/02/03/ poll-obama-approval-rating-drops/ , which stated “Poll: Obama Approval Rating Drops”.
Karen DeYoung / Washington Post:
Obama Calls for More Narrowly Focused Policy for Afghan War — Situation Is Much Worse Than New Administration Realized and Will Take Time to Address — As President Obama prepares to formally authorize the April deployment of two additional combat brigades to Afghanistan …
RELATED:
The Politico:
Cheney warns of new attacks — Former Vice President Dick Cheney warned that there is a “high probability” that terrorists will attempt a catastrophic nuclear or biological attack in coming years, and said he fears the Obama administration's policies will make it more likely the attempt will succeed.
Nina Bernstein / New York Times:
Despite Vow, Target of Immigrant Raids Shifted — The raids on homes around the country were billed as carefully planned hunts for dangerous immigrant fugitives, and given catchy names like Operation Return to Sender. — And they garnered bigger increases in money and staff from Congress …
Charles Babington / Associated Press:
Analysis: Daschle debacle humbles Obama — WASHINGTON - Two weeks into his presidency, Barack Obama proved that even a clearly gifted politician cannot escape the gravitational pull of Washington forces that have humbled many of his predecessors. — The new president, seen by some as arrogant, was anything but on Tuesday.
Hillel Italie / Associated Press:
Obama campaign manager getting 7-figure book deal — NEW YORK (AP) — Obama campaign manager David Plouffe has agreed to a seven-figure deal to write a book about last year's presidential election. — “The Audacity to Win: The Inside Story and Lessons of Barack Obama's Historic Victory” will be published by Viking next fall.
Discussion:
TIME.com