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.

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 …

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 …

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 …

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.

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.

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.

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 …

IBM invites laid-off U.S. employees to work in India  —  Redefining the possibilities of the word “offshore,” IBM has invited its recently laid-off U.S. workers to find work with the storied company in developing countries like India - where salaries are a fraction of what Americans are used to.

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.

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”.

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 …

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 …

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.

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.

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.

India warns Obama over Kashmir  —  India has warned US President Barack Obama that he risks “barking up the wrong tree” if he seeks to broker a settlement between Pakistan and India over the disputed territory of Kashmir.  —  MK Narayanan, India's national security advisor …