Top Items:
Paul Krugman:
The Rorschach plan (wonkish, or at least hard to read) — An old joke from my younger days: What do you get when you cross a Godfather with a deconstructionist? Someone who makes you an offer you can't understand. — I found myself remembering that joke when trying to make sense of the Geithner financial rescue plan.
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Martin Wolf / Financial Times:
Why Obama's new Tarp will fail to rescue the banks — Has Barack Obama's presidency already failed? In normal times, this would be a ludicrous question. But these are not normal times. They are times of great danger. Today, the new US administration can disown responsibility for its inheritance; tomorrow, it will own it.
Deborah Solomon / Wall Street Journal:
Market Pans Bank Rescue Plan — Treasury Secretary's Announcement Short on Details About Bad Assets, Mortgages — WASHINGTON — Treasury Secretary Timothy Geithner promised forceful action to get credit flowing again in the economy, but the lack of detail in his much-anticipated speech helped drive stocks …
The Huffington Post:
Administration Officials Met With Laughter At Bailout Briefing — Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner's new financial-sector bailout project, according to people who were in the room.
Discussion:
The Huffington Post
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Media Matters for America:
Fox passes off GOP press release as its own research — typo and all … During the February 10 edition of Fox News' Happening Now, co-host Jon Scott claimed that “the Senate is expected to pass the $838 billion stimulus plan — its version of it, anyway. We thought we'd take a look back at the bill …
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Haaretz:
Exit polls: Livni's Kadima leads in 2009 elections — Exit polls by Israel's three main television stations on Tuesday night showed Kadima as the leader in the 2009 general elections, with Likud coming a narrow second. — Channel 1, Channel 2 and Channel 10 polling of voters as they left …
Discussion:
The Moderate Voice, Matthew Yglesias, Talking Points Memo, MyDD, Wonk Room, Israel Matzav, Truthdig, rubber hose and Ben Smith's Blogs
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Tess Scheflan / Haaretz:
Netanyahu: Right wing, led by Likud, won a clear victory — By Haaretz Service and News Agencies — Likud Chairman Benjamin Netanyahu declared victory in Tuesday's parliamentary election as he addressed supporters in a speech early Wednesday, despite exit polls that predicted …
Michael Grabell / ProPublica:
The Stimulus Bills: House vs. Senate — If all goes as expected today, the Senate will pass an $838 billion economic stimulus plan that follows a compromise reached over the weekend. But before the package can go to President Obama's desk, the Senate will have to resolve differences with the House and its $819 billion version.
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Jack Kuenzie / WIS-TV:
Eight arrested in Michael Phelps case — Updated: — COLUMBIA, SC (WIS) - New details have emerged about a party where Olympic champion Michael Phelps was spotted. — On Feb. 2, a British tabloid published a picture of the 14-time Olympic gold medalist using a water pipe to smoke marijuana.
Discussion:
The Dish Rag
Catherine Philp / Times of London:
Iranian mob attacks moderate ex-president Mohammed Khatami on anniversary — Iran's former president was set upon by an angry stick-wielding mob today amid celebrations of the 30th anniversary of the Islamic Revolution on the streets of Tehran. — The attack on Mohammed Khatami came …
Discussion:
Obsidian Wings
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Tyler Durden / Zero Hedge:
How The World Almost Came To An End At 2PM On September 18 — LiveLeak has caught a scary moment of previously undisclosed insight by Paul Kanjorski where he reveals some facts that have not been captured by the media previously. At 2 minutes and 20 seconds in the video below …
Discussion:
Villainous Company, Boing Boing, No More Mister Nice Blog, Portfolio, Political Machine and Taegan Goddard's …
Chris Cillizza / The Fix:
Mr. Franken Comes to Washington — Entertainer Al Franken (D-Minn.) will spend the next two days in Washington readying himself to serve in the Senate, a move that comes even as the contested Minnesota Senate election plods on. — Franken arrives in town tonight and will be here through Thursday …
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Kevin Duchschereand Pat Doyle / Minneapolis Star …:
Senate recount trial: Rejected absentee ballots of 23 voters can be counted
Senate recount trial: Rejected absentee ballots of 23 voters can be counted
Discussion:
The Caucus
Zachary Coile / San Francisco Chronicle:
Salazar puts coastal drilling plans on hold — (02-10) 13:30 PST Washington - — President Obama is shelving a plan announced in the final days of the Bush administration to open much of the U.S. coast to oil drilling, including 130 million acres off California's coast from Mendocino to San Diego.
Discussion:
Heritage Foundation, Gateway Pundit, The Foundry, Hot Air and The Washington Independent
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Paul Krugman:
What happened to Clive Crook? — Clive used to be a reasonable guy; in his mind he probably still is a reasonable guy. But he has misunderstood what it means to be reasonable. He now apparently believes that it means declaring, in all circumstances, that Democrats and Republicans are equally …
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Andy Barr / The Politico:
Huckabee: Stimulus is ‘anti-religious’ — Former Arkansas Gov. Mike Huckabee warned supporters Tuesday that the $828 billion stimulus package is “anti-religious.” — In an e-mail that was also posted on his blog ahead of the Senate's passage, Huckabee wrote: “The dust is settling …
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Washington Whispers:
Busy Sarah Palin Backs Out of CPAC; Rush Limbaugh Is Still Speaking — The opening-day headliner for the annual CPAC conservative convention February 26-28, Alaska Gov. Sarah Palin, has pulled out, citing state business in Juneau. “We're obviously disappointed,” said a CPAC official.
Myglesias / Matthew Yglesias:
Nationalization After All — If I'm reading this correctly, Timothy Geithner's financial rescue plan actually might lead to bank nationalizations after all. The key thing is provision 1b of fact sheet: … There's clearly a desire here to avoid nationalization. A strong desire.
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granma.cu:
Rahm Emanuel — WHAT a strange surname! It appears Spanish, easy to pronounce, but it's not. Never in my life have I heard or read about any student or compatriot with that name, among tens of thousands. — Where does it come from? I wondered. Over and over, the name came to mind …
Walter Shapiro / The New Republic:
Impressed Me Not — On Obama's first White House press conference. — Through most of his inaugural primetime press conference, Barack Obama seemed like he was channeling a particularly loquacious combination of Joe Biden, Bill Clinton, and the ghost of Hubert Humphrey.
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Howard Kurtz / Washington Post:
At His First Prime-Time News Conference, Obama Is Serious and Expansive
At His First Prime-Time News Conference, Obama Is Serious and Expansive
Discussion:
New York Times, AMERICAblog News, TVNewser, White House Watch, The Plum Line and The Moderate Voice
Domenico Montanaro / MSNBC:
BLAGO, LIBBY PROSECUTOR TO STAY ON — From NBC's Pete Williams — Patrick Fitzgerald, the U.S. attorney in Chicago who brought criminal fraud charges against Rod Blagojevich, will be staying in his job in the Obama administration, even though he was appointed to the position by President George W. Bush.
Discussion:
TPMMuckraker
Quinnipiac University:
Connecticut's Rell Is Queen Of The Hill At Midterm, Quinnipiac University Poll Finds; Dodd Has Worst Approval Ever — Halfway through her first elected term as Connecticut Governor and one week after a grim budget message, Jodi Rell has a 75 - 19 percent approval rating and tops …
Discussion:
TPMDC, Daily Kos, Swing State Project, Hotline On Call, Scorecard's Blogs and The Raw Story
John Fund / Wall Street Journal:
Why Obama Wants Control of the Census — Counting citizens is a powerful political tool. — President Obama said in his inaugural address that he planned to “restore science to its rightful place” in government. That's a worthy goal. But statisticians at the Commerce Department …