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9:30 AM ET, March 2, 2009

memeorandum

 Top Items: 
New York Times:
U.S. Is Said to Offer Another $30 Billion in Funds to A.I.G.  —  The federal government agreed Sunday night to provide an additional $30 billion in taxpayer money to the American International Group and loosen the terms of its huge loan to the insurer, which is preparing to report a $62 billion loss …
RELATED:
Peter Hamby / CNN:
Emanuel says Limbaugh GOP leader, Cantor rejects ‘fail’ remark  —  WASHINGTON (CNN) — White House chief of staff Rahm Emanuel said Sunday that Rush Limbaugh is the face of the GOP.  —  “He is the voice and the intellectual force and energy behind the Republican party …
RELATED:
Andrew Breitbart / Washington Times:
Rush to judgment: A media hopelessly divided  —  ANALYSIS/OPINION:  —  The mood at the Omni Shoreham Hotel late Saturday afternoon was off the electrical meter when Rush Limbaugh took center stage at the Conservative Political Action Conference (CPAC).  —  Hundreds of revelers packed …
Jen DiMascio / The Politico:
Obama faces test on gay military ban  —  It is precisely the sort of knife fight no president wants to get into, especially in his first 100 days.  But it seems that President Barack Obama is about to get dragged down the same dark alley as Bill Clinton when he was forced to confront …
Discussion: JustOneMinute
Anne Bayefsky / Forbes:
The Obama Administration Double-Deals On Israel  —  Anti-Semitism, ‘Islamophobia,’ Durban II and the U.N.  —  Barack Obama just added double-dealing to his foreign policy repertoire.  On Friday, administration officials led many Jewish leaders to believe that the president had decided …
Roger Cohen / New York Times:
Iran, the Jews and Germany  —  So a Jerusalem Post article says that I'm “hardly the first American to be misled by the existence of synagogues in totalitarian countries.”  —  The Atlantic Monthly's Jeffrey Goldberg finds me “particularly credulous,” taken in by the Iranian hospitality and friendliness that …
Paul Krugman / New York Times:
Revenge of the Glut  —  Remember the good old days, when we used to talk about the “subprime crisis” — and some even thought that this crisis could be “contained”?  Oh, the nostalgia!  —  Today we know that subprime lending was only a small fraction of the problem.
Howard Kurtz / Washington Post:
Covering Obama, Pushy Jake Tapper Presses His Points  —  One year after joining ABC News, Jake Tapper kept pushing his bosses — “annoyingly, irritatingly, incessantly,” he says — to let him cover the unfolding 2004 presidential campaign.  —  “I might not have been ready,” he admits now.
Ben Smith / Ben Smith's Blogs:
Brownback backs Sebelius  —  A setback to the attempt to rally conservative Catholics against Kathleen Sebelius at HHS: Conservative Catholic Senator Sam Brownback of Kansas voices his support, in a joint statement with fellow Kansas Republican Pat Roberts:
Discussion: The Treatment and MyDD
RELATED:
Kevin Sack / New York Times:
Obama Pick Gets a 2nd Chance on Health Care
Washington Post:
Snow Blankets Washington Area  —  Region Braces for What Could Be Largest Winter Storm in Three Years  —  A significant winter storm shuttered schools, disrupted train and bus service and left thousands of people without power in the Washington area this morning, as hundreds of plows struggled …
James Baker / Financial Times:
How Washington can prevent ‘zombie banks’  —  Beginning in 1990, Japan suffered a collapse in real estate and stock market prices that pushed major banks into insolvency.  Rather than follow America's tough recommendation - and close or recapitalise these banks - Japan took an easier approach.
Gordon Brown / Times of London:
The special relationship is going global  —  Historians will look back and say this was no ordinary time but a defining moment: an unprecedented period of global change, and a time when one chapter ended and another began.  —  The scale and the speed of the global banking crisis has at times …
Discussion: TIME.com, Don Surber and Fox News
Jim McElhatton / Washington Times:
EXCLUSIVE: Sen. Hatch's secret drug firm links  —  Drugmaker money to Utah senator's charity escaped disclosure  —  The pharmaceutical industry that long has benefited from Sen. Orrin G. Hatch's legislative efforts has directed large sums of money to a charity he helped found …
Discussion: The Raw Story
CNN:
Gates says Obama more ‘analytical’ than Bush  —  (CNN) — President Obama is more analytical than his predecessor, Defense Secretary Robert Gates said Sunday.  —  Gates, the only Cabinet holdover from the Bush administration, initially paused when asked what the difference is between working with President Obama and President Bush.
Michelle Singletary / Washington Post:
Hey, Bailout Snivelers: Hush.  You Don't Need It.  —  In his first address to a joint session of Congress, President Obama declared that he was going to “speak frankly and directly.”  —  That's what I want to do as well.  I want to speak frankly and directly to the many people who have written …
Discussion: NewsBusters.org and Cafe Hayek
Chicago Breaking News:
Durbin: Race factored in Burris seating  —  Sen. Dick Durbin, who advised Sen. Roland Burris last week to step down from the Senate, acknowledged today that racial considerations were at play in the decision by majority Democrats to seat Burris.  —  U.S. Sen. Roland Burris (center) …
Ssumner / TheMoneyIllusion:
An open letter to Mr. Krugman  —  Since last October I have been worried that nominal GDP growth would fall far short of the level consistent with full employment.  Last fall I forcefully presented this argument to a number of economists (and was fortunate that Greg Mankiw and Robert Barro …
Kriston Capps / DCist:
Science Club: Rick Wunderman  —  In which DCist interviews area scientists, researchers, and academics on topics pertaining to natural and scientific interests.  As Thomas Dolby would say: science!  —  Richard Wunderman is a volcanologist and museum specialist for the Smithsonian Institution National Museum of Natural History.
New York Times:
Growing Economic Crisis Threatens the Idea of One Europe  —  PARIS — The leaders of the European Union gathered Sunday in Brussels in an emergency summit meeting that seemed to highlight the very worries it was designed to calm: that the world economic crisis has unleashed forces threatening to split Europe into rival camps.
 
 
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 More Items: 
John Harwood / New York Times:
Running on Risk, Then Sticking With It
Discussion: Swampland
Marc Fisher / Washington Post:
Bloggers Can't Fill the Gap Left by Shrinking Press Corps
Discussion: Greg's Opinion and BuzzMachine
Steven Greenhouse / New York Times:
In Obama, Labor Finds the Support It Expected
Discussion: MyDD and Kausfiles
CNN:
Wife of missing NFL player: 'It doesn't feel real'
Discussion: Scared Monkeys
 Earlier Items: 
CBS News:
Bobby Jindal: The GOP's Rising Star?
Discussion: Clips & Comment
Dina Cappiello / Associated Press:
Protest puts spotlight on Congress' power plant
Chris Lefkow / Agence France Presse:
Twitter takes Washington by storm
The Huffington Post:
Exclusive: Dean Talks About Not Getting HHS And Post-DNC Plans
Discussion: The Politico
Allison Klein / Washington Post:
Frustrated Building Owner Allows Sex Shop to Open in Old Town Alexandria
 

 
From Mediagazer:

Kiyoshi Takenaka / Reuters:
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder

Katie Robertson / New York Times:
Semafor plans to launch an invite-only newsletter for CEOs, The CEO Signal, in January 2025, written by former FT US News Editor Andrew Edgecliffe-Johnson

Joe Easton / Bloomberg:
Canal+ shares sink 15%+ as UBS says the stock is fairly valued after its London listing on December 16; CAN is down 32%+ since its listing

 
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