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Drudge Report:
OBAMA BURNED: GREGG WITHDRAWS AFTER POLICIES TOO MUCH TO STOMACH — For Immediate Release: — Senator Gregg Statement on His Withdrawal for Consideration of U.S. Commerce Secretary — Sen. Gregg stated, “I want to thank the President for nominating me to serve in his Cabinet as Secretary of Commerce.
Discussion:
UnionLeader.com, Commentary, FOX Forum, Confederate Yankee, On Deadline, Betsy's Page, Political Fix, Toby Harnden's blog listings, Reuters, Political Machine, The Sundries Shack, Washington Post, The Politico, Democratic Strategist, The Foundry, Weekly Standard, Wonkette, Mother, May I Sleep …, Firedoglake and The Hill's Blog Briefing Room
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Andrew Sullivan / The Daily Dish:
The GOP Has Declared War On Obama — This much is now clear. Their clear and open intent is to do all they can, however they can, to sabotage the new administration (and the economy to boot). They want failure. Even now. Even after the last eight years. Even in a recession as steeply dangerous as this one.
Andrew Sullivan / The Daily Dish:
Gregg Was Pwned — It gets clearer. When Judd Gregg approached the Obama administration to see if he could be a part of it, he was assuming that his own party wasn't going to adopt a policy of total warfare against the newly elected president in a time of enormous economic peril.
The Politico:
'I couldn't be Judd Gregg' — Republican Sen. Judd Gregg abruptly withdrew his nomination as President Barack Obama's commerce secretary Thursday, telling Politico that he “couldn't be Judd Gregg” and serve in the Cabinet. — The White House - where some aides were caught off guard by the withdrawal …
Jeff Zeleny / New York Times:
Gregg Ends Bid for Commerce Job, Citing Conflicts — WASHINGTON — Senator Judd Gregg of New Hampshire abruptly withdrew Thursday as the nominee for commerce secretary, saying he had “irresolvable conflicts” with President Obama over his economic stimulus plan and a concern …
Chris Cillizza / The Fix:
Gregg Withdraws as Commerce Nominee — New Hampshire Republican Sen. Judd Gregg has withdrawn his name from consideration as President Obama's commerce secretary, a major blow to an administration seeking to put a series of Cabinet problems behind it. — “It became clear to me to me that …
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Byron York / www.dcexaminer.com:
Who will investigate the Obama administration? — The census controversy brings the first test of accountability and oversight in the new administration — Rep. Darrell Issa is not working from a position of strength. As the ranking Republican on the House Oversight and Government Reform Committee …
David Kurtz / Talking Points Memo:
TIMING — According to our Matt Cooper, Gregg called New Hampshire Gov. John Lynch (D) a few hours ahead of releasing his withdrawal statement to alert him. But the White House appeared blindsided by the Gregg withdrawal, according to various reports, so much so that some officials were first learning of the news from reporters.
Ed Morrissey / Hot Air:Breaking: Gregg withdraws at Commerce; Update: White House gobsmacked?
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The Corner, Michelle Malkin, The Campaign Spot, Top of the Ticket, Democracy in America, First Draft and The Daily Dish
Amanda Carpenter / Townhall.com:Gregg is OUT as Commerce Secretary, Will Leave Washington in 2010
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Political Machine
Marc Ambinder / The Atlantic Politics Channel:The Granite Cracks: Judd Gregg Withdraws
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Portfolio
Washington Whispers:
Congressional Offices Don't Have the Stimulus Bill, Lobbyists Do — We're receiving E-mails from Capitol Hill staffers expressing frustration that they can't get a copy of the stimulus bill agreed to last night at a price of $789 billion. What's more, staffers are complaining about who does have a copy: K Street lobbyists.
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Connie Hair / Human Events:
SURPRISE! Dems Break Promise: Stimulus Bill to Floor Friday — In a press conference Thursday, the House Republican leadership spoke candidly about being kept out of the House-Senate conference on the Obama-Pelosi-Reid so-called “economic stimulus” bill. They confirmed they had not yet seen the text of the bill as of 4 p.m.
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Weekly Standard
Tahman Bradley / Political Punch:
D'oh! Caterpillar CEO Contradicts President on Whether Stimulus Will Allow Him to Re-Hire Laid Off Workers — EAST PEORIA, ILL. — President Obama today repeated the claim we asked about yesterday at the press briefing that Jim Owens, the CEO of Caterpillar, Inc., “said that if Congress passes our plan …
NPR Blogs:
Juan Williams, NPR and Fox News — Juan Williams. — NPR has more than 400 reporters, editors, producers and analysts on its news team, and none is more of a lightning rod than Juan Williams. But it's usually not for anything he says on NPR. — Williams joined NPR in 2000 …
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AmSpecBlog, American Power, Media Blog, Weekly Standard, NewsBusters.org, Ta-Nehisi Coates, The Other McCain, Neptunus Lex, News Hounds and TVNewser
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The Huffington Post:
Press, Milbank Protest David Plouffe's Speech — Barack Obama's campaign manager, David Plouffe, is slated to appear at the National Press Club to deliver the keynote speech for the Georgetown University and Politico sponsored event “Transition 2009.” Except, before he even took the stage, things started to unravel.
Mark Tapscott / www.dcexaminer.com:
Obama is headed for a one-term presidency — Well, that didn't take long. — Less than a month ago, Barack Obama was sworn-in as chief executive amid historic promises of “change we can believe in.” But there won't be a second Obama term if he doesn't admit that, no matter how adroitly …
Washington Times:
Pelosi's mouse slated for $30M slice of cheese — UPDATED: — Talk about a pet project. A tiny mouse with the longtime backing of a political giant may soon reap the benefits of the economic-stimulus package. — Lawmakers and administration officials divulged Wednesday …
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Steve Lohr / New York Times:
Large Banks on the Edge of Insolvency — Some of the nation's large banks, according to economists and other finance experts, are like dead men walking. — A sober assessment of the growing mountain of losses from bad bets, measured in today's marketplace, would overwhelm the value of the banks' assets, they say.
Discussion:
Talking Points Memo
Chris Cillizza / The Fix:
Axelrod To Bush Advisers: Butt Out — David Axelrod, a senior adviser to President Barack Obama, had harsh words for some of former President Bush's closest advisers during an interview with the Post's Lois Romano yesterday, dismissing as “intramural stuff” the critiques offered by the former Administration.
Discussion:
Think Progress
Blue Texan / Firedoglake:
Joe The Plumber Conducts Live Hearing On Long-Term Economic Ramifications Of Stimulus Bill — I guess those clowns at Pajamas Media are gluttons for ridicule (beginning of video here). — After it's over, you must watch Joe's “investigation” of the stimulus bill, in which he shares priceless insights such as,
Alison Fitzgerald / Bloomberg:
Billionaire Stanford's Firm Said to Face U.S. Probe — Feb. 12 (Bloomberg) — Stanford Group Co., a Houston-based investment firm led by billionaire R. Allen Stanford, is under investigation by U.S. securities regulators over sales of certificates of deposit in its affiliated offshore bank …
DealBook:
Greenspan Says He Was Mystified by Subprime Market — Alan Greenspan, the former chairman of the Federal Reserve, told CNBC in a documentary to be shown Thursday night that he did not fully understand the scope of the subprime mortgage market until well into 2005 and could not make sense …
Michelle Malkin:
Here it is: All 1,434 pages of the porkulus conference report; Detailed spending tables added; More paper waste to come; Update: Look what's back — Scroll for updates...updated with more details, docs... Okay, people. Now, hurry up and digest this entire 1,434 legislative text …
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