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3:15 AM ET, February 25, 2009

memeorandum

 Top Items: 
Andrew Malcolm / Top of the Ticket:
Full text of Obama's speech to Congress and the nation  —  Here is the text of President Obama's first address to a joint session of Congress, as released by the White House moments ago:  —  Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States:
RELATED:
The Politico:
Obama: ‘Day of reckoning has arrived’  —  We have lived through an era where too often, short-term gains were prized over long-term prosperity; where we failed to look beyond the next payment, the next quarter, or the next election.  A surplus became an excuse to transfer wealth …
Discussion: Reason
The Huffington Post:
Obama Speech Tonight: Video, Text  —  The full text of President Obama's address:
Discussion: Hullabaloo and Think Progress
RELATED:
Think Progress:
Fox Panel's Verdict On Jindal's Speech: ‘Childish,’ ‘Amateurish,’ ‘Not Exactly Terrific’  —  Lousiana Gov. Bobby Jindal's (R) response to President Obama's speech tonight received a universal thumbs down from the Fox News panelists, who are traditionally conservatives' most gentle critics:
Josh Marshall / Talking Points Memo:
JINDAL BLOGGING  —  “Pre-existing condition”?  Is it just me or is this absolutely cringeworthy?  I mean, I really don't like Jindal.  But this is awful.  —  10:26 PM ... Is he going to talk about his work as an exorcist?  —  10:28 PM ... Katrina as metaphor for opposing the Stimulus Bill.
Jonathan Singer / MyDD:
On Bobby Jindal
Associated Press:
GOP's Jindal calls Obama's plan irresponsible
Discussion: Associated Press and MSNBC
Associated Press:
Officials: Most troops out of Iraq in 18 months  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - President Barack Obama plans to remove all U.S. combat troops from Iraq by August 2010, administration officials said Tuesday, ending the war three months later …
RELATED:
David S. Cloud / The Politico:
Obama to announce Iraq withdrawal
Ezra Klein / American Prospect:
OBAMA'S HEALTH CARE PLAN EXPECTS AN INDIVIDUAL MANDATE.  —  I've now been able to confirm with multiple senior administration sources that the health care proposal in Obama's budget will have a mandate.  Sort of.  —  Here's how it will work, according to the officials I've spoken to.
Michael Goldfarb / Weekly Standard:
Matthews Not Tingly for Jindal  —  Listen closely as Jindal approaches the mic and Matthews let's out an exasperated “oh God” before he even opens his mouth.
Discussion: Video, The Other McCain and Hot Air
Tim Grieve / The Politico:
A bitter-Tweet night for the GOP  —  Featured Topics: - Barack Obama - Presidential Transition  —  As President Barack Obama delivered his unofficial State of the Union address Tuesday night, some Republicans at the Capitol and elsewhere provided harsh reviews by Twitter - at least until they did a 180 to adopt a more respectful tone.
Edward L. Glaeser / Economix:
Killing (or Maiming) a Sacred Cow: Home Mortgage Deductions  —  Edward L. Glaeser is an economics professor at Harvard.  —  The Great Depression provided an opportunity to rethink old policies in a major way.  In the current morass, everything should, once again, be open for debate.
Discussion: MoJo Blog Posts
RELATED:
Ezra Klein / American Prospect:
END THE MORTGAGE DEDUCTION!
Discussion: Matthew Yglesias
Ben Smith / Ben Smith's Blogs:
Jindal accuses Obama of pessimism  —  The early excerpts of Bobby Jindal's response to Obama's State of the Union are largely standard fare, but the conclusion strikes an interesting note — one hinted at recently by Bill Clinton — accusing the president, basically, of pessimism.
Bob Unruh / WorldNetDaily:
Soldier doubts eligibility, defies president's orders  —  ‘As an officer, my sworn oath to support and defend our Constitution requires this’  —  A U.S. soldier on active duty in Iraq has called President Obama an “impostor” in a statement in which he affirmed plans to join as plaintiff …
San Francisco Chronicle:
Hearst seeks changes at Chronicle  —  (02-24) 14:30 PST NEW YORK — The Hearst Corp. today announced an effort to reverse the deepening operating losses of its San Francisco Chronicle by seeking near-term cost savings that would include “significant” cuts to both union and non-union staff.
Discussion: Gawker and The Daily Weekly
RELATED:
DealBook:
Hearst May Sell or Close San Francisco Chronicle
Discussion: The Daily Weekly
Nate Silver / FiveThirtyEight.com:
A Starry-Eyed Look at the 2012 Republican Field  —  A long time ago in a galaxy not too far away, I introduced something called the “Planetary Model of Primary Politics”.  It is basically just a fancy way of noting that there are generally two dimensions by which candidates position themselves in Presidential primaries.
Discussion: The Next Right
Barry Rubin / Jerusalem Post:
The Region: America, look behind you!  Turn around!  Turn around!  —  America: A freight train is heading your way and you're standing right on the tracks, looking in the wrong direction.  —  Or perhaps it is like a horror film in which the killer sneaks up behind the hapless victim while the movie audience yells: “Turn around!
William Kristol / PostPartisan:
Not a War President  —  What can we learn from the few sentences President Obama devoted to foreign policy in his speech to Congress tonight?  —  The main lesson is how very few the sentences were.  Yes, this was a speech focused on the economy.  But it was also Obama's first address to Congress …
Discussion: Weekly Standard
John Kartch / Americans for Tax Reform RSS:
Join Us Tuesday Night for O-BINGO!  —  On Tuesday at 9:00 PM Eastern, President Obama will address a joint session of Congress.  To help get you through the 50-minute speech, use our handy Bingo card to check off terms and phrases likely to be used.  As a bonus, print out the different versions …
Becky Yerak / Chicago Tribune:
Northern Trust defends spending on PGA event, parties  —  Rep. Barney Frank said he's going to ask for the money back.  —  Phil Mickelson of USA plays his approach shot on the 10th hole during the final round of the Northern Trust Open at the Riviera Country Club February 22, 2009 in Pacific Palisades, California.
Ashley Rindsberg / Blogs and Stories:
Likely Obama Appointee Had Ties to Bin Laden Family  —  Blogs and Stories  —  Charles Freeman, Obama's reported pick for chairman of the National Intelligence Council, talked business with the Bin Laden family even after September 11.  —  Amid the criticism that has already emerged …
Seeking Alpha:
Why Obama's Deficit-Spending Plan Will (Probably) Work  —  Will the Obama deficit-spending plan work?  Will throwing $800 billion—$500 billion in extra government spending, and $300 billion in tax cuts—at the economy produce a world in which production and employment are higher …
Discussion: EconLog and Outside The Beltway
Mary Carole McCauley / Baltimore Sun:
WBAL-TV fires reporter over prank  —  John Sanders inserted a graphic phrase in a faked video that ended up on YouTube  —  WBAL-TV has fired a reporter who inserted a graphic phrase in a video for a prank — only to have the doctored version surface on Web sites nationwide.
Discussion: Don Surber
Myglesias / Matthew Yglesias:
On So-Called “Irresponsible” Borrowers  —  Along with the absurd, Santelli-led revolt of the overclass against efforts to help middle class homeowners, there's been a larger sense that “reasonable” people can all agree that there's “plenty of blame to go around” and that on some level …
Lisa Demer / Anchorage Daily News:
Palin to reimburse state for family travel  —  Gov. Sarah Palin has agreed to reimburse the state for the costs of nine trips for her children.  An agreement announced today settles an ethics complaint filed in October.  —  The charges that Palin has agreed to reimburse include the cost …
Discussion: The Huffington Post and La Figa
Paul / Power Line:
BARACK'S MAGICAL MYSTERY TOUR  —  President Obama announced tonight that “our day of reckoning has arrived.”  How will our new president respond to this epoch-making challenge?  If tonight's speech is any indication, he will respond with wishful, and indeed magical, thinking.
Discussion: Gateway Pundit
John Tierney / New York Times:
Politics in the Guise of Pure Science  —  Why, since President Obama promised to “restore science to its rightful place” in Washington, do some things feel not quite right?  —  First there was Steven Chu, the physicist and new energy secretary, warning The Los Angeles Times that climate change …
 
 
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 More Items: 
Paul Krugman:
Mysterious plans  —  I'm trying to be sympathetic to the various plans …
Discussion: Hullabaloo
William Yardley / New York Times:
Commerce Pick Carries Lengthy China Résumé
Jeff Zeleny / New York Times:
Obama Assures Nation: ‘We Will Rebuild’
Jeffrey / ArmsControlWonk:
Nine Cascades In Vacuum
Discussion: Total WonKerr
BBC:
Spain makes Guantanamo offer
Discussion: TalkLeft and Truthdig
Washington Wire:
Tennessee's Democratic Governor Weighs Rejecting Stimulus Funds
Discussion: Think Progress and The Politico
Chicago Breaking News:
Armed guards pulled from Cicero polls
 Earlier Items: 
Caitlin Taylor / Political Punch:
Official: Obama Accomplished More in 30 Days Than Any President in Modern History
Discussion: New York Times and Sister Toldjah
Jeffrey M. Jones / Gallup:
Obama Job Approval Dips Below 60% for First Time
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of copyright infringement

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees

 
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