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7:55 AM ET, March 3, 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:
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 …
Discussion: Donkeylicious
CNN:
Jindal says Obama is better speaker  —  (CNN) — CNN's Larry King talked with Republican Gov. Bobby Jindal in a prime-time exclusive interview Monday night.  —  Jindal gave the Republican response after President Obama's address to Congress last week.  Jindal received negative reviews after the speech …
Discussion: Firedoglake
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.
Sam Youngman / The Hill:
White House fires back at Rush Limbaugh
Discussion: The Politico, CNN, Wizbang and Don Surber
Michelle Malkin:
A note to Michael Steele; Update: Steele agrees that GOP convention …
The New Majority:
SOCIAL ISSUES WON'T WIN MINORITIES FOR GOP
Discussion: Eunomia and The Moderate Voice
Peter Baker / New York Times:
Obama Offered Deal to Russia in Secret Letter  —  WASHINGTON — President Obama sent a secret letter to Russia's president last month suggesting that he would back off deploying a new missile defense system in Eastern Europe if Moscow would help stop Iran from developing long-range weapons, American officials said Monday.
RELATED:
Darlene Superville / Associated Press:
Obama kicks up White House entertaining  —  WASHINGTON (AP) - The White House is the place to be on Wednesdays.  —  Since the presidency changed hands less than six weeks ago, a burst of entertaining has taken hold of the iconic, white-columned home of America's head of state.  Much of it comes on Wednesdays.
RELATED:
David Rogers / The Politico:
Angry McCain slams Obama  —  Long delayed but not shrunken with time, a nearly $410 billion omnibus spending bill is fast becoming a great bone in the throat for Democrats and the White House, just when each hoped to put the past behind them and move onto President Barack Obama's new 2010 budget.
Andrew Taylor / Associated Press:
Obama beats early retreat on promise to fight pork  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Despite campaign promises to take a machete to lawmakers' pet projects, President Barack Obama is quietly caving to funding nearly 8,000 of them this year …
Discussion: Bloomberg and Power Line
Toby Harnden / Toby Harnden's blog listings:
Barack Obama cancels press conference with Gordon Brown “because of snow”
Discussion: Benedict Brogan's …
Desmond Butler / Associated Press:
Britain's Brown looks for boost from Obama meeting
Discussion: Reuters and Agence France Presse
Glenn Reynolds / Instapundit:
THE DOW-JONES INDUSTRIAL AVERAGE since the passage of the stimulus bill.  Looks like a vote of “no confidence” to me.  —  UPDATE: Can you say “going John Galt?”  Upper-Income Taxpayers Look for Ways to Sidestep Obama Tax-Hike Plan.  “A 63-year-old attorney based in Lafayette, La. …
RELATED:
Rich Lowry / The Corner:
A Dow Unworthy of FDR
Megan McArdle:
How low will the stock market go  —  According to Henry Blodget, probably a lot farther: … Incidentally, if you think that people still have a vestigial view of housing as an investment asset rather than a consumption good with residual value, this implies that housing will substantially undershoot as well.
Discussion: Unqualified Offerings
RELATED:
Henry Blodget / Clusterstock:   How Low Can The Market Go?  —  On days like today, it helps to look at the silver lining.
Andrew Malcolm / Top of the Ticket:
Another Obama pick owes back taxes, but it's OK because, now caught, he'll pay up  —  Oh, Sergei, you mean you've lost another submarine?  —  Word today that yet another Barack Obama appointee has a little problem with taxes — a $10,000 problem.  —  Ron Kirk, the former mayor of Dallas …
Discussion: Commentary
RELATED:
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:
Josh Gerstein / The Politico:
DOJ releases Bush post-9/11 memos
Discussion: New York Times and At-Largely
Charles Duhigg / New York Times:
U.S. Likely to Keep the Reins on Fannie and Freddie  —  Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully return to private hands, lawmakers and company executives are beginning to quietly acknowledge.
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.
Fox News:
Malaysia Restores ‘Allah’ Ban for Christians  —  KUALA LUMPUR, Malaysia — The Malaysian government will issue a new decree restoring a ban on Christian publications using the word “Allah” to refer to God, officials said Sunday.  —  Home Affairs Minister Syed Hamid Albar said a previous Feb. 16 decree …
Discussion: Jihad Watch
Barry Ritholtz / The Big Picture:
Irrational Exuberance?  We Are Now Below It . . .  On December 5, 1996, Alan Greenspan gave his famous Irrational Exuberance speech.  —  At the time, the S&P500 was at 744.38.  It blew through that number today, closing at 700.  We're still 350 points above the Dow's closing price of 6,437.10 …
Discussion: Clusterstock
 
 
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 More Items: 
Gil Hoffman / Jerusalem Post:
Barak tells MKs: We must join coalition
Discussion: The Agonist and Commentary
Nia-Malika Henderson / The Politico:
Pres. sends messages whites don't hear
Monica Davey / New York Times:
Blagojevich Signs Deal to Write ‘The Governor’
David Brooks / New York Times:
A Moderate Manifesto
Discussion: Balloon Juice
CNN:
‘Chemical Ali’ sentenced to death a third time
 Earlier Items: 
Rob Stein / Washington Post:
Researchers Find Safer Way to Produce Stem Cell Alternative
Nolan Finley / Detroit News:
Commentary: Elect a crazy council, get crazy results
Discussion: Say Anything and Michelle Malkin
John Hawkins / Right Wing News:
An Interview With Michael Medved
Emily Kaiser / Reuters:
U.S. rescue efforts may risk double-dip recession
Discussion: Wizbang