Top Items:
Greg Sargent / The Plum Line:
Cantor's Office Responds: Video Depicting AFSCME Members As Goons — Updated below with call on Cantor to apologize. — This isn't going to make the big unions very happy. GOP House leader Eric Cantor's office has come up with an intriguing response to the AFSCME ad bllitz targeting GOP leaders …
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Greg Sargent / The Plum Line:
Obama Allies Launch New Ad Directly Attacking GOP Leaders — White House Told In Advance — President Obama's allies on the left, AFSCME and the labor-backed Americans United for Change, are ramping up with a massive advertising blitz containing the most direct and hard-hitting attack yet …
Glenn Thrush / Glenn Thrush's Blogs:
Cantor's effin' response — Eric Cantor's office is responding to the AFSCME/UAC ad blitz with a 1970's-vintage AFCSME public service announcement that's been redubbed with an Andrew Dice Clay-type voice over touting the union's accomplishments in “picking up your f— garbage.
Washington Post:
Democratic Negotiators Agree to Cut Cost of Stimulus Package — Formal House-Senate Conference This Afternoon to Determine Bill's Final Form — Democratic negotiators have reached agreement on reducing the overall cost of President Obama's economic stimulus plan, scaling …
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CNN:
House and Senate close in on compromise — From CNN's Brianna Keilar, CNN's Dana Bash, CNN's Deirdre Walsh, CNN's Ted Barrett — WASHINGTON (CNN)- Top lawmakers and White House officials ended more than nine hours of closed-door negotiations on the economic stimulus bill shortly …
Discussion:
The Politico, The Swamp, Glenn Thrush's Blogs, Think Progress, Reuters, LiberalOasis and Center for American Progress
Andrew Taylor / Associated Press:
Stimulus pared to $789 billion in race for deal
Stimulus pared to $789 billion in race for deal
Discussion:
D-Day, MyDD, Hullabaloo, Le·gal In·sur·rec·tion, Reuters, NY Daily News and New York Times
Camille Paglia / Salon:
A rocky first few weeks — Obama sputters out of the gate — but don't fear yet. Plus: Buxom foodies, frocks for the ages, and the eternal appeal of Mary McCarthy and Justin Timberlake. — Money by the barrelful, by the truckload. Mountains of money, heaped like gassy pyramids in the national dump.
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Michael Calderone / The Politico:
Harkin: ‘We need the Fairness Doctrine’
Harkin: ‘We need the Fairness Doctrine’
Discussion:
NewsBusters.org
Darren Lenard Hutchinson / DISSENTING JUSTICE:
So Exactly When Does “Change” Begin, Take 45345234524523452452: Elena Kagan Says Government Can Indefinitely Detain Terrorism Suspects — Let me say upfront: I am a cynic. — Accordingly, I never took the “change” mantra too seriously. But I certainly thought that after eight years …
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David G. Savage / Los Angeles Times:
Solicitor general nominee says ‘enemy combatants’ can be held without trial — Elena Kagan tells a senator she agrees with Attorney General Holder that the U.S. is at war and therefore may detain suspected terrorists indefinitely. — Reporting from Washington — Harvard Law Dean Elena Kagan …
Myglesias / Matthew Yglesias:
Obama on Sweden — In response to a very good question for ABC News' Terry Moran, President Barack Obama specifically addressed why he's rejected a “Swedish” approach to the financial crisis: … Obama makes two arguments here, one about scale and one about national tradition.
The Huffington Post:
Bailed-Out Firms Distributing Cash Rewards: “Please Do Not Call It A Bonus” — Two Wall Street firms that received at least $60 billion in government bailout funds will be rewarding their financial advisers with controversial retention payments, the terms of which one senior executive described as …
Rasmussen Reports:
67% Say They Could Do A Better Job On The Economy Than Congress — When it comes to the nation's economic issues, 67% of U.S. voters have more confidence in their own judgment than they do in the average member of Congress. — Nineteen percent (19%) trust members of Congress more …
Andy Kessler / Wall Street Journal:
Why Markets Dissed the Geithner Plan — Here's how he should handle the banks. — One of the cool things about being Treasury Secretary is that you get your signature on dollar bills, giving them authority, defending their honor. Timothy Geithner's plan to save the struggling banking system probably does …
Geoff Earle / New York Post:
CONGRESS $HOPPING CARTS — WASHINGTON - “Fore!” — The federal government is preparing to spend millions to purchase a fleet of small electric vehicles that critics compare to golf carts. — The $838 billion economic stimulus bill that passed the Senate yesterday contains $300 million …
Discussion:
Hot Air, Patterico's Pontifications, Commentary, Gateway Pundit, RedState, The Strata-Sphere and Riehl World View
Newt Gingrich / Washington Times:
Where does the conservative movement go from here? — ANALYSIS/OPINION: — The conservative movement has a simple and almost certainly successful future if it does three things: — 1. Advocate first principles with courage, clarity, persistence and cheerfulness.
Discussion:
Washington Monthly, The Reaction, Riehl World View, QandO, No More Mister Nice Blog and Shakesville
Washington Post:
Banks to Assure Congress About Use of Public Funds — Wall Street Executives Say They're Looking to Improve Risk Management — Wall Street is trying to move out of its defensive crouch, with top bankers telling Congress today that they are making loans, managing their money prudently …
Discussion:
Money & Company, NY Daily News, The Atlantic Business Channel, Big Brass Blog, Economy Watch and Spin Cycle
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Amanda Terkel / Think Progress:
Rep. Steve Austria: FDR caused the Great Depression.» — In recent days, conservatives have been trying to block the economic recovery package by arguing that government spending will wreck the American economy. As an example, they point to FDR and the Great Depression.
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Myglesias / Matthew Yglesias:
Steve Austria (R-OH) Doesn't Know When the Depression Happened
Steve Austria (R-OH) Doesn't Know When the Depression Happened
Discussion:
TalkLeft
Frank James / The Swamp:
Obama speech to be rebutted by Jindal — Congressional Republicans have decided to put a national spotlight on Louisiana Gov. Bobby Jindal, a rising Republican star, by choosing him to give the GOP response to President Barack Obama's first address to Congress. — Here's the press release:
Discussion:
The Politico
Steve Benen / Washington Monthly:
A CONSERVATIVE LIE CASE STUDY.... To paraphrase Twain, a right-wing talking point can travel the media world, while the truth is still getting its pants on. We've seen a classic example over the last 48 hours. — On Monday, Bloomberg ran an opinion piece from Betsy McCaughey …
Andrew Malcolm / Top of the Ticket:
Sarah Palin turns 45 today. How are you celebrating? — Well, today is the Big 4-5 Sarah Louise Palin, the lipstick-wearing, pit-bull hockey mom whom some folks still can't get enough of — and others long ago did. (But, look, you're still here reading!)
Glenn Thrush / Glenn Thrush's Blogs:
Let 'em filibuster! — House Dems aren't ikely to revolt on the stimulus — but there's a brewing sentiment that Senate Democrats ought to call the Republicans on their bluff — and let 'em filibuster President Obama's big bills, 60 be damned. — A revealing moment from Tuesday's Democratic powwow …
Pamela Geller / Atlas Shrugs:
RIGHT BEFORE THE ELECTION OF PRESIDENT HUSSEIN: “A $550 Billion Electronic Run on the Banks” … This is un-frickin-believable. The financial crisis was deliberate, planned, staged. Who made the run? … Electronic Run On Banks - $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawals …
Howard Kurtz / Washington Post:
As Mainstream Exits D.C., Niche Media Tide Rises — The growing exodus of mainstream reporters from the nation's capital has ceded much of the turf to a new, more specialized kind of journalism. — Just as newspaper, magazine and television bureaus here are shrinking or shutting …
Discussion:
Michael Calderone's Blogs
Kathleen Parker / Washington Post:
So Far, Amateur Hour — The first however-many days of Barack Obama's presidency have been a study in amateurism. — Many suspected that Obama wasn't quite ready, but kept their fingers crossed. Optimistic disappointment is the new holding pattern. — What's missing from Obama's performance …
Walter Griffin / Bangor Daily News:
Report: ‘Dirty bomb’ parts found in slain man's home — Agency says radioactive materials recovered in home of man allegedly slain by his wife — BELFAST, Maine — James G. Cummings, who police say was shot to death by his wife two months ago, allegedly had a cache of radioactive materials …
Jennifer Parker / George's Bottom Line:
Stimulus Agreement: $789.5-Billion Price Tag — Negotiators on Capitol Hill wrangling with reconciling the House and Senate versions of the stimulus package have come to an agreement on the top line figure for the recovery bill: $789.5-billion, Democratic and Congressional sources tell me and my colleague Rick Klein
Discussion:
Firedoglake, The Atlantic Politics Channel, The Note, Think Progress, TPMDC, Hot Air and SENATUS
Glenn Greenwald / Salon:
Marc Ambinder grants anonymity to “officials” to defend the Obama DOJ — (updated below - Update II) — From The New York Times Editorial Page today ("Continuity of the Wrong Kind"): … Last night, Rachel Maddow interviewed the torture victims' attorney, Ben Wizner of the ACLU …
Paul Krugman:
The return of shrill — Via Angry Bear, Will Marshall says I deserve a “Pulitzer Prize in hyperbole” for saying that … whereas the truth is that ... the centrists would kill hundreds of thousands of jobs and cut vital health care and food programs, while offering a fat tax break to affluent homeowners.
Discussion:
Lawyers, Guns and Money
Glenn Greenwald / Salon:
Ari Fleischer on “the grid in front of” the President — (updated below) — Daily Kos' Meteor Blades points to a rare moment of television candor last night, as Ari Fleischer explained to Bill O'Reilly how and why the White House determined which reporters were allowed to ask questions …
Discussion:
BuzzFlash.org
Steven Pearlstein / Washington Post:
Big Lessons in Finance From a Little Bank You've Never Heard Of — Wall Street is not pleased. — Hunkered-down executives and hyperactive traders were more than a little disappointed with what they heard from our straight-shooting new Treasury secretary as he unveiled his plans for Bank Bailout 2.0.
Discussion:
Capital Gains and Games blogs
Maureen Dowd / New York Times:
Trillion Dollar Baby — So much for the savior-based economy. — Tim Geithner, the learned and laconic civil servant and financial engineer, did not sweep in and infuse our shaky psyches with confidence. For starters, the 47-year-old's voice kept cracking.
Associated Press:
Obama: Caterpillar will rehire if stimulus passes — WASHINGTON (AP) - President Barack Obama says Caterpillar's chief executive has told him the company will rehire some laid-off workers if the stimulus bill passes. — The heavy equipment maker announced more than 22,000 job cuts last month …
Discussion:
RedState
Brian Stelter / New York Times:
On War Criminals' Trail, NBC News Stirs Criticism — NBC News, which teamed up with local police officers to trap sex offenders for its successful but scandalous “To Catch a Predator” series, is now using similar tactics to hunt bigger game: war criminals. — But one of the first efforts …