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10:00 PM ET, March 2, 2009

memeorandum

 Top Items: 
Mike Allen / The Politico:
Steele to Rush: I'm sorry  —  Republican National Committee Chairman Michael Steele says he has reached out to Rush Limbaugh to tell him he meant no offense when he referred to the popular conservative radio host as an “entertainer” whose show can be “incendiary.”
RELATED:
Jonathan Martin / The Politico:
Limbaugh blasts Steele, the GOP  —  On the same night he was offering the keynote address to the Conservative Political Action Conference, Rush Limbaugh drew criticism from an unlikely source: Republican National Committee Chairman Michael Steele.  —  In a little-noticed interview Saturday night …
RushLimbaugh.com:
A Few Words for Michael Steele  —  BEGIN TRANSCRIPT  —  RUSH: I was not going to talk about Michael Steele.  I have had e-mails from the Drive-By Media.  I have had interview requests to be on television shows to talk about Michael Steele and what he said about my speech Saturday night.
The Huffington Post:
Steele Takes On Rush Limbaugh: “Ugly,” “Incendiary” (VIDEO)  —  Republican National Committee chairman Michael Steele took umbrage Saturday night when CNN's D.L. Hughley referred to radio host Rush Limbaugh as “the de facto leader of the Republican party.”  —  “No he's not.
Josh Marshall / Talking Points Memo:
I'M LOVING MICHAEL STEELE  —  I mean, I'm not sure how else to put it.  This guy has to be about the worst, most embarrassing party chair we've seen in recent memory.  It's embarrassing enough that Steele is like, what? ...  the third Republican to criticize Rush and then make it less …
Greg Sargent / The Plum Line:
Rush Limbaugh Launches Brutal Hit On Michael Steele  —  Whoa.  Rush Limbaugh's bid to cement his own role as head of the Republican Party just took a wild new turn, with Limbaugh launching a brutal hit on RNC chair Michael Steele, mocking the GOP for being in a “sad sack” …
Satyam Khanna / Think Progress:
Steele Bows Down To Limbaugh: ‘No Attempt On My Part To Diminish His Voice Or His Leadership’  —  Steele Bows Down To Limbaugh: ‘No Attempt On My Part To Diminish His Voice Or His Leadership’  —  Yesterday, White House Chief of Staff Rahm Emanuel called Rush Limbaugh the “intellectual force” of the GOP.
Discussion: Lynn Sweet
Sam Youngman / The Hill:
White House fires back at Rush Limbaugh  —  The Speaker of the House won't mention his name, but the White House has shown a willingness to invoke the name of radio host Rush Limbaugh whenever challenged.  —  Speaker Nancy Pelosi (D-Calif.) won't comment on anything the hero of conservatives has to say …
John / Power Line:   Throwing Rush Under the Bus
Greg Sargent / The Plum Line:   No Apology To Rush Limbaugh From RNC Chair Michael Steele
Matt Lewis / Political Machine:
Rush Fires Back at Steele (Updates With Audio)
The New Majority:
SOCIAL ISSUES WON'T WIN MINORITIES FOR GOP
Discussion: The Moderate Voice and Eunomia
Mark Silva / The Swamp:
GOP's Steele: Limbaugh not 'bogeyman"
Discussion: Spin Cycle
Lost in Transition:
Panel Says Ron Kirk Underpaid Taxes  —  (Credit: Nicholas Kamm/AFP/Getty Images)  —  Leaders of the Senate Finance Committee this afternoon revealed that another of President Obama's nominees — U.S. Trade Representative-designate Ron Kirk — has tax problems.
RELATED:
Mark Silva / The Swamp:
Obama hires: Back-taxes, mixed results
Discussion: Blog P.I. and The Politico
RIA Novosti:
Obama ‘ready to drop shield plans for Russian help on Iran’  —  Washington has told Moscow that Russian help in resolving Iran's nuclear program would make its missile shield plans for Europe unnecessary, a Russian daily said on Monday, citing White House sources.
RELATED:
John R. Bolton / Wall Street Journal:
Iran Clenches Its Fist
Noel Sheppard / Fox News:   Report: Obama Offers to Scrap Missile Shield If Russia Cooperates on Iran
Associated Press:
Obama releases secret Bush anti-terror memos  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - The Obama administration threw open the curtain on years of Bush-era secrets Monday, revealing anti-terror memos that claimed exceptional search-and-seizure powers …
RELATED:
Emily Friedman / ABCNEWS:
Upper-Income Taxpayers Look for Ways to Sidestep Obama Tax-Hike Plan  —  President Would Slap More Taxes on Those Who Make Over $250K to Fund Health Care  —  President Barack Obama's tax proposal - which promises to increase taxes for those families with incomes of $250,000 or more …
RELATED:
Ali Frick / Think Progress:
Limbaugh misquotes Constitution while arguing Obama policies are ‘bastardization’ of Constitution.  —  During his speech to the Conservative Political Action Conference (CPAC) on Saturday, Rush Limbaugh got some of his loudest applause when he declared that President Obama's policies represent a “bastardization of the Constitution.”
CNSNews:
Pelosi Snowed-Out of Global Warming Rally  —  (CNSNews.com) - Speaker of the House Nancy Pelosi (D-Calif.) had to cancel an appearance Monday at a global warming rally in Washington, D.C., that was hit by a snowstorm because her flight was delayed, her office told CNSNews.com.
Glenn Greenwald / Salon:
Is Obama embracing the lawless, omnipotent executive?  —  (updated below - Update II)  —  As I detailed over the weekend, the Obama administration — in the case brought by two American lawyers and their charity-client claiming that their conversations were illegally intercepted …
Floyd Norris / New York Times:
Dow Falls Below 6,800; Lowest Close Since '97  —  Fears that the world's economies are even weaker than had been thought ricocheted around the globe on Monday as investors from Hong Kong to London to New York bailed out of stocks.  —  Losses cascaded from one market to the next as concern spread …
Glenn Thrush / The Politico:
Pelosi's list: Who's on her bad side?  —  Nancy Pelosi likes to keep lists.  —  As a young political protégé of her father, Baltimore Mayor Tommy D'Alesandro, the preteen speaker-to-be would spend hours leafing through the list of voters her father had helped in some way …
Emily Kaiser / Reuters:
U.S. rescue efforts may risk double-dip recession  —  WASHINGTON (Reuters) - U.S. companies, consumers and communities may grow so addicted to government financial help that cutting them off could trigger another recession soon after the current one ends.  —  Between the U.S. Federal Reserve's …
Discussion: Wizbang
Marilyn / Taxpayers for Common Sense:
Facebook Reddit Digg Print this article  —  Here's the database you all have been waiting for - the FY 2009 Omnibus with 8,570 earmarks worth $7.7 billion.  Since the Senate started debate on the bill today, we tabulated the Senate recipients of earmarks - from top to bottom.
Rich Lowry / The Corner:
A Dow Unworthy of FDR  —  Who knows?  Maybe the Dow will rally tomorrow, and here's hoping it does.  But so far the markets have greeted Obama's program with a resounding thud.  I have never thought that Obama's rhetorical tone was making much difference one way or the other, that he was “talking down the markets.”
Washington Post:
‘Potential’ Disruption?  —  REP. DAVID R. Obey (Wis.) and other congressional Democrats should spare us their phony concern about the children participating in the District's school voucher program.  If they cared for the future of these students, they wouldn't be so quick as to try to kill …
US Department of Justice:
Department of Justice Releases Nine Office of Legal Counsel Memoranda and Opinions  —  WASHINGTON — The Department of Justice today released two previously undisclosed Office of Legal Counsel (OLC) memoranda and seven previously undisclosed opinions.  —  “Americans deserve a government …
Wall Street Journal:
‘Bad Bank’ Funding Plan Gets Fleshed Out  —  WASHINGTON — The Obama administration, filling in some of the blanks in its bank bailout, is considering creating multiple investment funds to purchase the bad loans and other distressed assets that lie at the heart of the financial crisis, according to people familiar with the matter.
 
 
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 More Items: 
The New Republic:
Clinton in the Middle East
Discussion: TPMCafe
Megan McArdle:
How low will the stock market go
Discussion: Clusterstock
Alexandra Twin / CNNMoney.com:
Dow below 7,000  —  Blue-chip measure drops to levels …
Andrew Taylor / Associated Press:
Obama beats early retreat on promise to fight pork
Discussion: Bloomberg and Power Line
Jonathan Cohn / The Treatment:
The Early Word on Nancy-Ann Min DeParle
Newsdesk / Clout St:
Agent says ousted Gov. Blagojevich has book deal, will talk Senate
Discussion: Washington Wire
 Earlier Items: 
CNN:
Abortion could influence Sebelius confirmation
Josh Kraushaar / The Politico:
CNBC's Kudlow mulls Senate bid
Financial Times:
BofA chief admits Merrill aid ‘mistake’
Ross Douthat:
Rush and Oprah  —  Hugh Hewitt writes that Limbaugh's speech at CPAC …
Discussion: Eunomia and AmSpecBlog
Brad Plumer / The New Republic:
Are Scientific Breakthroughs Overrated?
Discussion: The Bellows
David Simon / Washington Post:
In Baltimore, No One Left to Press the Police
Discussion: Gawker and First Draft