Top Items:
Wall Street Journal:
Details Scarce in Rescue Plan — WASHINGTON—The Obama administration Tuesday announced a wide-ranging financial sector rescue plan that could send $2 trillion coursing through the financial system. — The plan, which would ideally involve a mix of government and private capital …
Discussion:
CNBC.com, The Atlantic Business Channel, Indecision, TigerHawk, Jules Crittenden and Donklephant
RELATED:
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.
Discussion:
The Huffington Post, Firedoglake, naked capitalism, Top of the Ticket, Bloomberg, Talking Points Memo, Washington Monthly, Salon, CBS News, DealBook, European Tribune, Tech Ticker, Kevin Drum, D-Day, MSNBC, Cafe Talk Aggregator, theheretik.us, TPMCafe, The Note, Obsidian Wings, The Washington Independent, The Opinionator, The Baseline Scenario, Taegan Goddard's …, The Swamp, Open Left and Marginal Revolution
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 …
Discussion:
Firedoglake, Michelle Malkin, Open Left, New York Times, Congress Matters, TIME.com, The Caucus, Time and Corrente
Real Time Economics:
Geithner Remarks on Financial Stability Plan
Geithner Remarks on Financial Stability Plan
Discussion:
The Curious Capitalist
David Brooks / New York Times:
Showing Some Discipline — It's no fun being a leader in a financial crisis.
Showing Some Discipline — It's no fun being a leader in a financial crisis.
Discussion:
Firedoglake
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:
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.
Joseph Curl / Washington Times:
Obama snubs black press — After the first black president completed his first prime-time press conference, the black press was red hot. — “We were window dressing,” said Hazel Edney, a reporter with the National Newspaper Publishers Association, also known as the Black Press of America.
Discussion:
mediabistro.com, Michelle Malkin, JammieWearingFool, Michael Calderone's Blogs and FishBowlDC
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 …
RELATED:
David Rogers / The Politico:
$838B stimulus clears Senate — An $838 billion economic recovery bill cleared the Senate Tuesday, setting the stage for final negotiations with the House and President Barack Obama, who must step forward now and put his own stamp on the package. — The 61-37 roll call followed …
RELATED:
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 …
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 …
Peter Baker / New York Times:
Obama Sternly Takes On His Critics — 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 …
RELATED:
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.
RELATED:
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 …
Glenn Greenwald / Salon:
The 180-degree reversal of Obama's State Secrets position — (updated below - Update II) — From the Obama/Biden campaign website, mybarackobama.com, here was what the Obama campaign was saying — back then — about the State Secrets privilege: — Apparently, the operative word …
RELATED:
www.dcexaminer.com:
Blue Dog nips Obama with a better stimulus idea — While President Barack Obama goes on the road to shore up slipping popular support for the $1 trillion stimulus porkfest that he ordered up from Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi, Rep. Walt Minnick …
Eugene Robinson / Washington Post:
Roll Over the Republicans — Bipartisanship is safe and effective when used as directed. In the present circumstance, however — dire economic crisis, hardheaded Republicans, time running out — bipartisanship is doing more harm than good. President Obama and the Democratic majorities …
Wall Street Journal:
Obama's Charm Isn't Working Wonders Abroad — Policy does matter after all. — Barack Obama has now been president for 21 days, following an inauguration that was supposed to have pressed the reset button on America's relations with the wider world and ushered in a new period of global cooperation against common threats.
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.
James K. Glassman / Commentary:
SPECIAL PREVIEW Stimulus: A History of Folly — Before he was sworn in as President, Barack Obama began to lay out his plans for reviving an American economy that, it would later be discovered, had declined 3.8 percent in the fourth quarter of 2008, its worst performance in 26 years.
Discussion:
Dr. Sanity
Gloria Galloway / Globe and Mail:
Unions demand Buy Canadian policy — OTTAWA — Two of Canada's largest unions are urging the federal government to adopt a Buy Canadian policy similar to the proposal that has been criticized in the United States. — At a joint press conference on Tuesday morning, the Canadian Auto Workers …