Top Items:
Greg Sargent / The Plum Line:
Latest Cuts To The Stim Package: Head Start, Child Nutrition, Food Stamps Public Transit — I've just obtained an internal Senate committee memo detailing the latest cuts being eyed by the gang of Senators being led by Dem Ben Nelson and GOPer Susan Collins. Here is what's being eyed in the bill right now:
Discussion:
Washington Monthly, Firedoglake, MSNBC, Swampland, Newshoggers.com, The Seminal, Progress Illinois, Wonk Room, Open Congress, Streetsblog and Sadly, No!
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The Huffington Post:
Reid Proposes His Own Stimulus Cuts, Collins Disappointed — Sens. Ben Nelson and Susan Collins just wrapped up a meeting with Majority Leader Harry Reid and the Senate Democratic leadership meant to hammer out details of a compromise stimulus package. — Asked how she was feeling as she left …
David Brooks / New York Times:
The Gang System — Barack Obama is a potentially transformational figure.
The Gang System — Barack Obama is a potentially transformational figure.
Discussion:
Boston Globe, The Huffington Post, Matthew Yglesias, Time, The Corner, The Daily Dish, marbury and Democratic Strategist
Paul Krugman / New York Times:
On the Edge — A not-so-funny thing happened on the way to economic recovery. Over the last two weeks, what should have been a deadly serious debate about how to save an economy in desperate straits turned, instead, into hackneyed political theater, with Republicans spouting …
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Ben Armbruster / Think Progress:
Krugman: How Can There Be Bipartisanship When GOP ‘Take Their Marching Orders From Rush Limbaugh?’ — Today on MSNBC, the Morning Joe team — many of whom have been having a tough time with the facts of the economic recovery plan — hosted Nobel Prize-winning economist Paul Krugman to discuss the bill.
Discussion:
MyDD
Tim Fernholz / American Prospect:
POLLING THE STIMULUS. — Just got off a conference call with Democratic pollsters Stan Greenberg and Geoff Garin, who were speaking about public opinion polling on the economic stimulus legislation. They argue that public support for the bill remains strong, and that does seem to be the case.
Discussion:
Matthew Yglesias
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Think Progress:
REPORT: GOP Lawmakers Outnumber Dem Lawmakers By Almost 2 To 1 In Cable News Stimulus Debate Again — Last week, ThinkProgress released a report showing that, in the debate over the House economic recovery bill on the five cable news networks, Republican members of Congress outnumbered …
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Steve Benen / Washington Monthly:
NO LIBERALS ON THE TEEVEE, REDUX.... In late January …
NO LIBERALS ON THE TEEVEE, REDUX.... In late January …
Discussion:
Spin Cycle
God & Country:
Exclusive Interview: Conservative Evangelical Leader Tony Perkins Sours on the GOP — Doing some reporting on how the religious right is greeting the election of Michael Steele—who's been portrayed as squishy on some social issues—as Republican Party chairman, I called Family Research …
Discussion:
American Power, The Hill's Blog Briefing Room, Right Wing Watch, TIME.com and The Other McCain
Edmund L. Andrews / New York Times:
Economy Shed 598,000 Jobs in January — WASHINGTON — The United States lost almost 600,000 jobs last month and the unemployment rate rose to 7.6 percent, its highest level in more than 16 years, the Labor Department said Friday. — It was the biggest monthly job loss since the economy tipped …
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Charles Krauthammer / Washington Post:
The Fierce Urgency of Pork — “A failure to act, and act now, will turn crisis into a catastrophe.” — Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared “we have chosen hope over fear.” Until, that is, you need fear to pass a bill.
The Huffington Post:
GOP Opposes Pay Limits On Bailed-Out Bankers — Wall Street bankers, with their $18 billion in bonuses, private jets and gaudy conferences, are causing headaches for the GOP. — President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000.
Discussion:
Washington Monthly, Balloon Juice, Wall Street Journal, DownWithTyranny!, Salon, TPMDC and Glenn Thrush's Blogs
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Harold Meyerson / Washington Post:
Capitalist Punishment — We are in some ways still a nation …
Capitalist Punishment — We are in some ways still a nation …
Discussion:
Matthew Yglesias
Martin Fackler / New York Times:
Japan's Big-Works Stimulus Is Lesson — HAMADA, Japan — The Hamada Marine Bridge soars majestically over this small fishing harbor, so much larger than the squid boats anchored below that it seems out of place. — And it is not just the bridge. Two decades of generous public works spending …
Discussion:
Weekly Standard, Hot Air, A Blog For All, Cafe Hayek, QandO, Washington Post, CANNONFIRE, The Corner and Riehl World View
The Huffington Post:
Labor To Open Fire Over Solis Confirmation — The country's largest labor and Hispanic groups are ratcheting up the confirmation fight over Labor Secretary nominee Hilda Solis, preparing a full-out political and media blitz to get the California Democrat approved and into the Obama cabinet.
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Randy James / Time:
Mitt Romney: The GOP's Top MBA — It's been a year since Mitt Romney dropped out of the Republican presidential race, but he remains an influential conservative voice— particularly on economic issues. The former Massachusetts governor and star business consultant earned ovations …
Discussion:
Political Machine, Commentary, TIME.com, The Hill's Blog Briefing Room, CBS News and Boston Globe
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The Huffington Post:
Bush Jacketless In Oval Office: Photo Uncovered After Bush Chief Of Staff Slams Obama's Informal Appearance (SLIDESHOW) — One day after President Bush's former Chief of Staff Andrew Card blasted President Obama for breaking the Bush dress code, which reportedly required that a jacket be worn …
Lisa de Moraes / Washington Post:
Obama's Preemptive Strike — President Obama's desire to talk — and talk, and talk — to the American public could cost broadcast networks millions, and millions, and millions of prime-time TV dollars. — Broadcasters are bracing themselves for the likelihood of three prime-time interruptions …
Reed Hastings / New York Times:
Please Raise My Taxes — I'M the chief executive of a publicly traded company and, like my peers, I'm very highly paid. The difference between salaries like mine and those of average Americans creates a lot of tension, and I'd like to offer a suggestion. President Obama should celebrate our success …
Mario Rizzo / ThinkMarkets:
Keynes Supported Counter-Cyclical Payroll Tax Reductions — It seems that a number of conservative or libertarian economists are now supporting a temporary reduction in payroll taxes as a preferred stimulus idea. See, for example, here — John Maynard Keynes beat them to it!
Rep. Aaron Schock / The Huffington Post:
Thank You, Readers — Thank you to the readers of the Huffington Post for voting me the “Hottest Freshman” of the 111th Congress. It's about time politicians from Illinois were known for something other than bad haircuts or having the ability to walk on water.
Discussion:
The Swamp
Wall Street Journal:
Bracing Ourselves — America prepares for the worst, and Republicans suddenly seem serious. — All week the word I kept thinking of was “braced.” America is braced, like people who are going fast and see a crash ahead. They know huge and historic challenges are here.
Paul Caron / TaxProf Blog:
Tax Court Takes Swipe at Daschle-Geithner-Killefer-Solis in Making Koko Taylor Sing the Tax Blues — I previously blogged the sad case of Grammy-winning blues singer Koko Taylor, who is 80 years old and in poor health: … The Tax Court yesterday held that the IRS did not abuse its discretion …
MSNBC:
2 face death over Quran translation — 4 more jailed over pocket-size book deemed a mistranslation of God's word — KABUL - No one knows who brought the book to the mosque, or at least no one dares say. — The pocket-size translation of the Quran has already landed six men in prison …
Pamela Hess / Associated Press:
Panetta takes back remarks on detainee rendition — WASHINGTON (AP) — The United States will continue to hand foreign detainees over to other countries for questioning, but only with assurances they will not be tortured, Leon Panetta told a Senate committee considering his confirmation as CIA director.
Ross Douthat:
Liberals, Ideology, and Big Government — Several years ago, in a piece that's long since vanished into The New Republic's world-devouring archives, Jon Chait suggested that liberalism was, by its very nature, more pragmatic and less ideological than conservatism.
Nicholas Ballasy / CNSNews:
Cher: Republican Rule Almost ‘Killed Me’ — (CNSNews.com) - Grammy award-winning singer and Academy award-winning actress Cher told CNSNews.com that living under Republican rule almost “killed” her, and she does not understand why anyone would want to be a Republican.