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10:45 AM ET, February 7, 2009

memeorandum

 Top Items: 
Noel Sheppard / Fox News:
Senators Reach Tentative Deal on More Than $800B Economic ‘Spendulus’ Bill  —  Senators Arlen Specter of Pennsylvania and Susan Collins of Maine have signed onto the bill, giving Democrats enough votes to move it forward.  —  FOXNews.com  —  Senators have reached a tentative deal on a version …
RELATED:
Associated Press:
Pared-down stimulus deal reached in Senate
Patrick Gavin / The Politico:
Newt: Obama speech was Carter-like  —  Former House Speaker Newt Gingrich issued a sharp critique of President Barack Obama's speech before House Democrats in Williamsburg, Va.  —  “It shrinks his presidency,” said Gingrich Friday at the American Enterprise Institute.
Michael Calderone / The Politico:
Reporter restrained after hearing  —  Following Leon Panetta's confirmation hearing Thursday, several reporters approached the CIA director-designate in the hallway outside room G-50 in the Dirksen Building.  —  There, CongressDaily reporter Chris Strohm — upon asking a question …
Discussion: Hot Air, At-Largely and War and Piece
Kimberly Hefling / Associated Press:
KBR wins contract despite criminal probe of deaths  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Defense contractor KBR Inc. has been awarded a $35 million Pentagon contract involving major electrical work, even as it is under criminal investigation …
Andrew Sullivan / The Daily Dish:
“Bristol”  —  I've given up counting, but I should note that none of her defenders on the right have really dealt with the documented fact of her repeated self-refutations and delusional assertions of “facts” that are indisputably non-facts.  Her unstable grip on reality, taken for granted in Alaska …
Frank Greve / McClatchy Washington Bureau:
Results in on Obama's grassroots appeal: It's a bust  —  WASHINGTON — Few supporters are answering President Barack Obama's call for nationwide house-party gatherings this weekend to build grass-roots support for his economic stimulus plan.  —  A McClatchy survey of sign-up rosters for a score …
Discussion: Moe Lane, Corrente and Riehl World View
Mark Silva / The Swamp:
Steele: Power gone to Democrats' heads  —  The Democrats have controlled the Congress and the White House for less than a month, the chairman of the Republican Party says, “and you have to wonder if all that power has gone to their heads...  ""For the last two weeks, they've been trying …
Discussion: TIME.com
Peter Robinson / Forbes:
Obama's ‘Naked’ Moment  —  The president stands exposed on the stimulus.  —  Every so often a president finds himself standing completely exposed—naked, so to speak—before the political class.  —  This first happened to George W. Bush in October 2005, when Bush nominated his White House counsel …
John DiStaso / MSNBC:
Gregg mum on Census Bureau  —  MANCHESTER - Sen. Judd Gregg yesterday declined all comment on reports that the White House will strip him of his authority over the federal Census Bureau even before he becomes Secretary of Commerce.  —  Gregg spokesman Laena Fallon said all comment would come from the White House.
Discussion: Moe Lane
John M. Donnelly / CQ Politics:
Congressman Twitters an Iraq Security Breach  —  A congressional trip to Iraq this weekend was supposed to be a secret.  —  But the cat's out of the bag now, thanks to a member of the House Intelligence Committee who broke an embargo via Twitter.  —  A delegation led by House Minority Leader John …
Glenn Thrush / Glenn Thrush's Blogs:
McConnell vs. The New Deal  —  A lot of Republicans have been surgical in their opposition to the stimulus — arguing that it lacks the appropriate mixture of tax cuts or timely, targeted, temporary and truly stimulative spending.  —  But Senate Minority Leader Mitch McConnell …
Fred Barnes / Weekly Standard:
First, Do No Harm  —  Congressional Republicans were right to vote against the stimulus.  —  John McCain is on to something.  No stimulus bill—that is, no “economic recovery” package at all—"is better" than President Obama's bill, McCain says.  Sure, he'd prefer his own alternative.
Discussion: Washington Monthly and Commentary
Henri E. Cauvin / Washington Post:
Steele's Campaign Spending Questioned  —  Agents Contact Sister After Ex-Aide's Claims  —  Michael S. Steele, the newly elected chairman of the Republican National Committee, arranged for his 2006 Senate campaign to pay a defunct company run by his sister for services that were never performed …
Discussion: Oliver Willis
Daniel Solove / Concurring Opinions:
Why the Innocent Are Punished More Harshly Than the Guilty  —  The AP reports on a really tragic case of wrongful conviction: … The part of the story that caught my eye was the fact that Cole's insistence on his innocence is what led to his imprisonment and prevented his release on parole:
Mike Allen / The Politico:
Playbook: Closing in on the stimulus  —  Good Saturday morning.  AP's Ben Feller: “Barack Obama, who has spent most of his nascent presidency in the White House compound, is shifting into travel mode.  The rundown: Saturday and Sunday at the Camp David presidential retreat in Maryland …
Discussion: New York Times
Karen Tumulty / Swampland:
How Bad Is It?  —  This bad, House Speaker Nancy Pelosi's office shows us:  —  If you are having trouble reading the fine print: The blue line shows job losses in the 1990 recession; the red line is 2001, and the green line is the path we are on now.  —  UPDATE: To clarify, these are not projections.
Megan McArdle:
What causes personal bankruptcy?  —  I was going to cite job loss as a major cause of bankruptcy in the previous post, which is the conventional wisdom.  But this paper argues it isn't true: … According to Zhu, having a serious medical condition makes you 50% more likely to file for bankruptcy …
Bloomberg:
Geithner to Announce Financial-Rescue Plan Feb. 9  —  Feb. 5 (Bloomberg) — U.S. Treasury Secretary Timothy Geithner will in four days unveil the administration's financial-recovery plan, aiming to shore up the nation's banks and restart lending to households and businesses.
Discussion: FP Passport, Wonk Room and Firedoglake
RELATED:
Jim Kuhnhenn / Associated Press:   Bush overpaid banks in bailout, watchdog says
 
 
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 More Items: 
Rep. Earl Blumenauer / The Huffington Post:
No, Seriously: Republicans Don't Get It  —  With this latest attempt …
Discussion: Gateway Pundit
Agence France Presse:
Mamma Mia! Putin denies mystery ABBA concert
CNN:
Sen. Kennedy expected to vote on stimulus bill
Discussion: A Blog For All and Weekly Standard
 Earlier Items: 
Michelle Malkin:
The “compromise” is a crock of you-know-what; Sellouts on the …
Iain Murray / The Corner:
Mark-to-Market Suspension Monday?
Discussion: Vox Popoli
Mark Silva / The Swamp:
Obama vs McCain: ‘We had an election’
Discussion: TIME.com
Jeffrey Toobin / New Yorker:
AFTER GINSBURG  —  Like Thurgood Marshall (and very few …
Zachary Roth / TPMMuckraker:
How Theresa Hatt Caused The Financial Crisis