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10:15 AM ET, February 10, 2009

memeorandum

 Top Items: 
New York Times:
Geithner Said to Have Prevailed on the Bailout  —  WASHINGTON— The Obama administration's new plan to bail out the nation's banks was fashioned after a spirited internal debate that pitted the Treasury secretary, Timothy F. Geithner, against some of the president's top political hands.
RELATED:
Washington Post:
New Bailout May Top $1.5 Trillion  —  Plan Aims to Aid Banks, Spur Lending, Push Private Investors to Buy Toxic Assets  —  The gravity of the financial crisis confronting the Obama administration will come into stark focus today when officials unveil a three-pronged rescue program that may commit …
New York Times:
Calls for Clarity in New Bailout for U.S. Banks
Discussion: Prairie Weather
Howard Kurtz / Washington Post:
At His First Prime-Time News Conference, Obama Is Serious and Expansive  —  In a prime-time debut for the new Oval Office occupant and a press corps often accused of being too enamored of him, President Obama faced journalistic skepticism from the opening question.
RELATED:
Peter Baker / New York Times:
Taking on Critics, Obama Puts Aside Talk of Unity  —  WASHINGTON — President Obama has made a show of reaching across the aisle since taking office, inviting three Republicans into his cabinet and wining and dining other opposition leaders.  But by Monday, he sounded like a candidate back on the trail …
Discussion: Commentary, The Agonist and MSNBC
RELATED:
Jonathan Martin / The Politico:
Obama warns GOP he's no pushover  —  Yes, there will be time to change the politics of Washington and to give people wondrous examples of bipartisanship.  —  But, no, not now, President Barack Obama made clear at his first White House news conference—not if it gets in the way of passing …
John Schwartz / New York Times:
Obama Backs Off a Reversal on Secrets  —  SAN FRANCISCO — In a closely watched case involving rendition and torture, a lawyer for the Obama administration seemed to surprise a panel of federal appeals judges on Monday by pressing ahead with an argument for preserving state secrets originally developed by the Bush administration.
RELATED:
Evan Perez / Wall Street Journal:
U.S. Backs Rendition in Case
Discussion: The Corner and Law Blog
Darren Lenard Hutchinson / DISSENTING JUSTICE:
Just As I Predicted: Obama Administration Invokes State Secrets …
Discussion: Political Machine and Moe Lane
CNN:
Transcript: Obama takes questions on economy  —  (CNN) — President Obama held the first evening press conference of his presidency Monday, with the financial crisis as the main topic.  Before taking questions, he gave a brief speech.  Here is a transcript of the speech and news conference:
RELATED:
Ynetnews:
Amnesty accuses Hamas of eliminating opponents  —  ‘Islamist group forces in Gaza engaged in campaign of abductions, deliberate and unlawful killings, torture and death threats against those they accuse of collaborating with Israel,’ human rights group says  —  The human rights group …
RELATED:
Isabel Kershner / New York Times:
Israelis Vote in Volatile Contest for New Leader
Discussion: Truthdig
Damien McElroy / Telegraph:
Hamas leader ready for truce with Israel
Discussion: The Muqata and Jihad Watch
Robert Barnes / Washington Post:
Harvard Dean, Chosen as Solicitor General, Goes Before Senators  —  When Harvard Law School hosted a huge dinner a few years ago for the conservative Federalist Society, the school's dean, Elena Kagan, received such long and enthusiastic applause that she felt compelled to hold up her arms in mock protest.
Discussion: TIME.com and SCOTUSblog
RELATED:
John Bresnahan / The Politico:   Is solicitor hearing a trial balloon?
Bob Herbert / New York Times:
The Chess Master  —  It was just a week ago that the bad-mouthing of Barack Obama seemed to be reaching a fever pitch.  —  The president was taking heat for the tax problems of Tom Daschle, Timothy Geithner and other appointees and nominees.  Liberal supporters of the president were upset …
Nazila Fathi / New York Times:
Iran Offers ‘Dialogue With Respect’ With U.S.  —  TEHRAN — After the icy mutual hostility of the Bush era, President Mahmoud Ahmadinejad of Iran on Tuesday made a conditional offer of dialogue to the Obama administration, saying Tehran was ready for “talks based on mutual respect and in a fair atmosphere.”
RELATED:
Dan Eggen / Washington Post:
Bush Faithful Rewarded With Jobs  —  On the Way Out, He Placed Aides and Big-Money GOP Donors  —  Fred F. Fielding, Emmet T. Flood, William A. Burck and Daniel M. Price worked together at the White House under George W. Bush.  Less than two weeks before leaving office …
Discussion: The Raw Story and Prairie Weather
Del Quentin Wilber / Washington Post:
Prosecutors Want Barry Jailed Over Tax Returns  —  For the second time in two years, frustrated federal prosecutors took aim at Marion Barry's chronic failure to file his tax returns and urged a judge to put him in jail.  —  The move by authorities is the latest act in a long-running tug …
Discussion: AmSpecBlog
Michael Calderone / Michael Calderone's Blogs:
Schultz gets front row seat  —  What if Sean Hannity or Rush Limbaugh were up front at Bush's press conferences in the East Room?  —  Well, as network correspondents sat in the second row, liberal radio host Ed Schultz managed to snag a seat up front, right next to Helen Thomas.
Discussion: Washington Times and The Seminal
Washington Post:
Obama Says Economic Crisis Comes First  —  President Tells Nation Stimulus Plan Must Pass, With or Without GOP Support  —  President Obama declared last night in his first prime-time news conference that the task of saving and creating jobs is more important than cultivating the bipartisan cooperation …
RELATED:
Ann Althouse / Althouse:
Live-blogging Obama's first press conference.  —  6:38: Starting soon.  Think he'll get the hard questions?  Think he'll use his boring professorial mode or his testy exasperated mode or might he attain true presidentiality?  —  7:02: He begins.  If you don't believe we're in a crisis …
Discussion: TigerHawk, TalkLeft and GayPatriot
RELATED:
Marc Ambinder / The Atlantic Politics Channel:
Liveblogging The Obama News Conference
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 …
Discussion: Michelle Malkin and Betsy's Page
Wall Street Journal:
There's No Stimulus Free Lunch  —  It's hard to spend wise and spend fast.  —  How much will the stimulus package moving in Congress really stimulate the economy?  —  The evaluations to date have been incomplete, so we looked at the likely stimulative effect from the spending parts …
Discussion: Grasping Reality …
Calvin Woodward / Associated Press:
FACT CHECK: Obama has it both ways on pork  —  WASHINGTON (AP) - At least Route 31 is a road to somewhere.  —  President Barack Obama had it both ways Monday when he promoted his stimulus plan in Indiana.  He bragged about getting Congress to produce a package with no pork …
 
 
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 More Items: 
Aussie Dave / Israellycool:
Liveblogging The Israeli Elections 2009
Discussion: Daled Amos and The Moderate Voice
Menzie Chinn / Econbrowser:
House and Senate Stimulus Bills in Perspective
Jerusalem Post:
Voters turn out en masse despite forecast of apathy
Discussion: Townhall.com and Commentary
Los Angeles Times:
Suspect leads police on low-speed pursuit in a Bentley, kills self during standoff
Discussion: Scripting News and On Deadline
Rachel Donadio / New York Times:
Bishop Who Denied Holocaust Ousted
 Earlier Items: 
Ben Smith / The Politico:
Left silent on Social Security, Medicare
Discussion: Ben Smith's Blogs
Faiz Shakir / Think Progress:
Obama On Lessons Learned: I Should Have Started With No Tax Cuts …
Discussion: TalkLeft
Michelle Malkin:
Savior holds first fear-mongering press conference
Stuart Rothenberg / Real Clear Politics:
This Can't Be What Obama, Pelosi and Reid Expected
Discussion: Don Surber and The Moderate Voice
Greg Sargent / The Plum Line:
Obama Aides Rip Cable News, D.C. Media And Political Elite
Betsy McCaughey / Bloomberg:
Ruin Your Health With the Obama Stimulus Plan: Betsy McCaughey
Discussion: Clayton Cramer's BLOG
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Thoughts on Apple TV's history and future; sources: Apple postponed a larger-than-usual number of iOS 19 features to spring 2026, when iOS 19.4 is set to debut

Wall Street Journal:
Sources: in the past year, Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake; Cantor holds most of Tether's $134B in assets

Aya Wagatsuma / Bloomberg:
Shares of Japan's Fujikura, which specializes in fiber optic cables for data centers, are up 400%+ in 2024 due to the AI boom, leading the Nikkei 225 index

 
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