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3:30 AM ET, February 23, 2009

memeorandum

 Top Items: 
Joseph Gerth / Courier-Journal:
Bunning: Justice Ginsberg likely will be dead in 9 months  —  ELIZABETHTOWN, Ky. — U.S. Sen. Jim Bunning predicted over the weekend that U.S. Supreme Court Justice Ruth Bader Ginsburg would likely be dead from pancreatic cancer within nine months.  —  During a wide-ranging 30-minute speech …
RELATED:
Brett Hall / Kentucky Politics:
BOMBSHELL: Williams meets with NRSC, eyes run for U.S. Senate  —  A political bombshell this weekend from several well-placed GOP sources, in Frankfort and Washington: State senate President David Williams met with officials at the National Republican Senatorial Committee (NRSC) …
Discussion: The Politico and MyDD
Reid Wilson / The Hill:
Kentucky legislator courted to face Bunning
Discussion: Swing State Project
Wall Street Journal:
U.S. Eyes Large Stake in Citi  —  Taxpayers Could Own Up to 40% of Bank's Common Stock, Diluting Value of Shares  —  Citigroup Inc. is in talks with federal officials that could result in the U.S. government substantially expanding its ownership of the struggling bank, according to people familiar with the situation.
RELATED:
Edmund L. Andrews / New York Times:
As Doubts Grow, U.S. Will Judge Banks' Stability  —  WASHINGTON — The Obama administration will begin taking a hard look at the financial condition of the country's 20 biggest banks this week to judge whether they could hold up even if the downturn worsens further than policy makers already expect.
Financial Times:
Citi presses US to take 40% stake
Discussion: Firedoglake
Jennifer Parker / George's Bottom Line:
Schwarzenegger to GOP: Put Aside Ideology  —  California Gov. Arnold Schwarzenegger repeated today on “This Week” that he'd take any state aid money GOP governors like Gov. Mark Sanford, R-S.C. turn down — a position that has raised the ire of many of his Republican colleagues in Washington, D.C. this weekend.
RELATED:
Andrew Sullivan / The Daily Dish:
The Words Of Alan Keyes  —  Watch this astonishing video.  I've posted about Keyes's remarks before but the full text of what he's saying is truly disturbing.  He calls Obama an “abomination.”  He says that “we have to stop him” or the US will cease to exist.
Discussion: Political Machine and The Reaction
Glenn Greenwald / Salon:
Fox News “war games” the coming civil war  —  (updated below)  —  Bill Clinton's election in 1992 gave rise to the American “militia movement”: hordes of overwhelmingly white, middle-aged men from suburban and rural areas who convinced themselves they were defending the American way of life from the …
John / Power Line:
ASTRONOMY PICTURE OF THE DAY  —  Astronomy Picture of the Day, run by NASA, has been around for a while, but I just learned of it from a reader last week.  It's a fun site, and helps put your declining net worth in perspective—something we can all use these days.
Discussion: APOD
Joe Klein / Swampland:
Bobby Jindal's Blustery Day  —  Bobby Jindal is a very smart fellow.  Back when he was in Congress, I'd try to check in with him every six months or so, just to see what he was thinking about.  At first, we talked about health insurance—his specialty.  Then, about the federal response to Hurricane Katrina (he was appalled).
Paul Lewis / Guardian:
UK faces summer of rage - police  —  Police are preparing for a “summer of rage” as victims of the economic downturn take to the streets to demonstrate against financial institutions, the Guardian has learned.  —  Britain's most senior police officer with responsibility for public order raised …
Discussion: Riehl World View
Myglesias / Matthew Yglesias:
Rahm Emanuel Suggests He Agrees Stimulus Package Wasn't Big Enough  —  Here's an intriguing swathe of Ryan Lizza's profile of Rahm Emanuel: … Whether or not you think Emanuel is right about the legislative politics, it seems to significant for the White House Chief of Staff to concede …
RELATED:
Financial Crisis and Recession:
The right way to create a good bank and a bad bank  —  Policymakers continue to struggle to figure out how to turn a troubled bank into a good bank and a bad bank.  Under the good-bank/bad-bank policy, the good bank will operate free from concerns about troubled assets …
Walter Alarkon / The Hill:
Palin shuns spotlight to pick up the pieces  —  Alaska Gov. Sarah Palin (R) is uncharacteristically shunning the spotlight this week in an apparent effort to repair damage to her political stature back home.  —  Even though just about every big-name governor and leading conservative …
Nikki Finke / Nikki Finke's Deadline Hollywood Daily:
OSCARS CRISIS!  Hollywood Frustrations And Fears Over Sunday's Awards; Stars And Advertisers Give Show Cold Shoulder  —  OSCARS ALERT: I will be live-blogging (more like live-snarking) the Academy Awards tonight.  Come for the cynicism.  Stay for the subversion.  Add your comment.
Noam Scheiber / The New Republic:
Obama's Truly Courageous Budget Move  —  On Friday I argued that, while the president's push to make his budget honest and transparent was great public policy, it wasn't quite as courageous as the White House suggested.  But there is one element of Obama's first budget that strikes me as genuinely courageous.
John / Power Line:
EUROPE'S POLITICIANS DON'T PAY THEIR TAXES, EITHER  —  The European Union's internal audit office investigated cheating on expenses by members of the European Parliament and found it is widespread.  The internal audit office wrote a 92-page report to that effect, but kept it secret.
RELATED:
Andrew Porter / Telegraph:   European MPs earning £1 million profits in a term report finds
 
 
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 More Items: 
Wall Street Journal:
Bankruptcy Funding Solicited for Car Makers
Discussion: naked capitalism
Scott / Power Line:
REMEMBERING THE INDISPENSABLE MAN
Janine Davidson / SWJ Blog:
USG COIN Guide
Discussion: Defense Tech and ATTACKERMAN
Jeff Donn / Associated Press:
Army charity hoards millions, investigation finds
Discussion: TheZoo
 Earlier Items: 
BBC:
Tourists hit by Cairo bomb blast
William A. Jacobson / Le·gal In·sur·rec· tion:
The Revolt of the Kulaks Has Begun
Discussion: Neptunus Lex and Riehl World View
Ed Morrissey / Hot Air:
What were the worst movies of all time?  —  Since Hollywood …
Discussion: The Moderate Voice and Moe Lane
Alexander Mooney / CNN:
Obama in perpetual campaign, Barbour says
Discussion: Pat Dollard
 

 
From Mediagazer:

Ankush Khardori / Politico:
Trump may erode press protections but the ABC case is not evidence of that as the decision to settle appears reasonable given Stephanopoulos' imprecise remarks

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and 12M subscribers; source: 50%+ of its revenue is from ads

 
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