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12:30 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
Discussion: Think Progress and Hullabaloo
Andrew Malcolm / Top of the Ticket:
Full text of Gov. Bobby Jindal's Republican response  —  Here is the full text of Louisiana Gov. Bobby Jindal's Republican response to President Obama's address to Congress tonight:  —  Americans Can Do Anything  —  “Good evening.  I'm Bobby Jindal, Governor of Louisiana.
RELATED:
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.
ABCNEWS:
Obama Claim: Done More in 30 Days Than Other Presidents  —  Economy Will Dominate Obama Speech Tonight  —  The Obama administration is going into tonight's pivotal speech to Congress with the belief that President Obama has accomplished more in the first 30 days in office than any modern president.
RELATED:
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.
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 …
Jeff Zeleny / New York Times:
Obama Assures Nation: ‘We Will Rebuild’  —  WASHINGTON — President Obama urged the nation on Tuesday to see the economic crisis as reason to raise its ambitions, calling for expensive new efforts to address energy, health care and education even as he warned that government bailouts have not come to an end.
RELATED:
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: Hot Air
RELATED:
Michael Calderone / Michael Calderone's Blogs:
MSNBC welcomes Jindal: ‘Oh God’
Discussion: NewsBusters.org
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
Discussion: New York Times and The Plank
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.
RELATED:
DealBook:
Hearst May Sell or Close San Francisco Chronicle
Discussion: The Daily Weekly
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: Neptunus Lex and Matthew Yglesias
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.
Discussion: FiveThirtyEight.com
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 …
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!
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
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:
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.
J. Taylor Rushing / The Hill:
Scandal-plagued Republican says Burris should resign  —  Louisiana Sen. David Vitter (R), who survived a 2007 sex scandal, called on Sen. Roland Burris (D-Ill.) to resign Tuesday for his ethical shortcomings.  —  Vitter was connected with a prostitution ring two years ago and dismissed …
Cato @ Liberty:
Live Blogging Obama's Speech  —  Click below for live commentary on Obama's address to Congress, beginning Tuesday at 9:00 PM EST.  —  Obama's Address to Congress
Discussion: The Corner and Sister Toldjah
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 …
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.
Discussion: Whiskey Fire
William Yardley / New York Times:
Commerce Pick Carries Lengthy China Résumé  —  SEATTLE — Top slots in the Obama administration were filling up fast when Gary Locke was asked by a friend several weeks ago whether he expected to get a job offer from the new president.  —  “He mentioned that he hadn't gotten …
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 …
Chicago Breaking News:
Armed guards pulled from Cicero polls  —  Cook County Sheriff's police ordered armed security personnel hired by Cicero President Larry Dominick to leave polling places during today's primary election, according to the Cook County Clerk David Orr.  —  Cicero President Larry Dominick inside his election headquarters today.
San Francisco Chronicle:
Newsom sneaking around and sipping out of a bottle?  —  Is the Green Mayor holding out on us?  —  This week, the City Insider spotted an almost empty case of bottled water in the back of Mayor Gavin Newsom's hybrid sport utility vehicle as it was parked in front of City Hall.
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: Outside The Beltway and EconLog
BBC:
Spain makes Guantanamo offer  —  Spain's foreign minister has said his country is prepared “in principle” to take in some inmates released from the Guantanamo Bay US military camp.  —  Miguel Angel Moratinos was speaking after a meeting with US Secretary of State Hillary Clinton in Washington.
Discussion: TalkLeft
 
 
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 More Items: 
Adam Liptak / New York Times:
Justices Hear Cases on Paying for Superfund Cleanups
Associated Press:
GOP's Jindal calls Obama's plan irresponsible
Discussion: Associated Press, CBS News and MSNBC
Jeffrey / ArmsControlWonk:
Nine Cascades In Vacuum
Discussion: Total WonKerr
Lisa Demer / Anchorage Daily News:
Palin to reimburse state for family travel
Discussion: The Huffington Post and La Figa
Washington Wire:
Tennessee's Democratic Governor Weighs Rejecting Stimulus Funds
Discussion: Think Progress and The Politico
Ian Welsh / Firedoglake:
Social Security “Reform”: Are They in It for the Money?
Discussion: Open Left
Myglesias / Matthew Yglesias:
On So-Called “Irresponsible” Borrowers
Discussion: Hullabaloo and Megan McArdle
 Earlier Items: 
Mark Murray / MSNBC:
HOLDER IS TONIGHT'S STAY-AWAY
Discussion: The New Republic and TIME.com
Manu Raju / The Politico:
Coleman may continue legal challenges
Discussion: TIME.com and Capital J | JTA
Jeffrey M. Jones / Gallup:
Obama Job Approval Dips Below 60% for First Time
 

 
From Mediagazer:

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

Financial Times:
Similarweb: Bluesky's US and UK app usage grew ~300% to 3.5M DAUs after November 5; Threads has 1.5x Bluesky's DAUs in the US, down from 5x before November 5

 
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