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10:40 AM ET, March 2, 2009

memeorandum

 Top Items: 
New York Times:
A.I.G. Reports $61.7 Billion Loss as U.S. Gives More Aid  —  The federal government agreed Monday morning 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, even as the insurance giant reported a$61.7 billion loss …
RELATED:
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 …
Brady Dennis / Washington Post:
AIG Receives Up to $30 Billion in New Bailout Funds  —  Insurer Also Reports Record Loss of $61.7B  —  American International Group will gain access to $30 billion more in taxpayer money as part of another restructuring of its federal bailout, the company announced this morning.
Discussion: MSNBC
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:
Maureen O'Donnell / Chicago Sun Times:
Pastors rally behind Burris  —  Sen. Roland Burris went to his base Sunday with an appearance at a black church.  —  He arrived at New Covenant Baptist Church in a flying wedge of supporters and avoided reporters by leaving through a side door.  —  Ministers gathered at the church …
RELATED:
Chicago Breaking News:
Durbin: Race factored in Burris seating
Discussion: Progress Illinois
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.
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.
CNN:
Gates calls Pakistan ‘most worrisome’  —  WASHINGTON (CNN) — The “most worrisome” part of the U.S.-led war in Afghanistan has become the havens the Taliban and other insurgents have carved out in neighboring Pakistan, U.S. Defense Secretary Robert Gates said.
RELATED:
CNN:   Gates says Obama more ‘analytical’ than Bush
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 …
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 …
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
David Charter / Times of London:
New ‘Iron Curtain’ will split EU's rich and poor  —  Eastern European countries gave an apocalyptic warning yesterday of hordes of unemployed workers heading west as a new Iron Curtain divides rich from poor inside Europe.  —  Twenty years after the fall of the Berlin Wall …
Discussion: The Atlanticist
RELATED:
New York Times:
Growing Economic Crisis Threatens the Idea of One Europe
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
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
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.
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:
Mike Allen / The Politico:
Budget gamble: Why Obama went big  —  The latest theme of pundit commentary on the Obama administration is overload.  —  A cartoon in Sunday's Washington Post shows a chopper dropping the president's massive agenda on the Capitol, ready to crush the dome.  New York Times columnist David Brooks warned …
RELATED:
David Cho / Washington Post:
The United Front of Geithner and Summers  —  The Obama administration's budget bears the hallmarks of a decade-old alliance that has quickly come to dominate the most pressing issues on the young administration's agenda.  —  Treasury Secretary Timothy F. Geithner and National Economic Council …
 
 
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 More Items: 
Jonathan Martin / The Politico:
Huntsman takes aim at GOP
Discussion: The Daily Dish and The Note
John Harwood / New York Times:
Running on Risk, Then Sticking With It
Discussion: Swampland and New York Times
Kriston Capps / DCist:
Science Club: Rick Wunderman
Discussion: Matthew Yglesias
 Earlier Items: 
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
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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