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12:55 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:
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 …
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.
Michelle Malkin:
A note to Michael Steele; Update: Steele agrees that GOP convention looked like “Nazi Germany;” Update: A non-apology apology  —  Scroll for updates...Steele non-apologizes to Limbaugh...No word on the “Nazi Germany"/GOP convention slur...  I said positive things about RNC chairman Michael Steele …
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.
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 …
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.
Andrew Taylor / Associated Press:
Obama beats early retreat on promise to fight pork
Discussion: Bloomberg, Power Line and Reuters
Sam Youngman / The Hill:
White House fires back at Rush Limbaugh
Discussion: Don Surber and Wizbang
Greg Sargent / The Plum Line:
No Apology To Rush Limbaugh From RNC Chair Michael Steele
John / Power Line:
Throwing Rush Under the Bus
The New Majority:
SOCIAL ISSUES WON'T WIN MINORITIES FOR GOP
Discussion: The Moderate Voice and Eunomia
RELATED:
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.
Barak Ravid / Haaretz:
Israel to present Clinton with ‘red lines’ on talks with Iran
Discussion: The Huffington Post
John R. Bolton / Wall Street Journal:
Iran Clenches Its Fist
Discussion: UN Dispatch and Atlas Shrugs
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
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.
Discussion: Dan_McLaughlin's blog
RELATED:
Andrew Malcolm / Top of the Ticket:   Another Obama pick owes back taxes, but it's OK because, now caught, he'll pay up
Michael D. Shear / Washington Post:
Tax Problems Surface for Trade Rep. Nominee Kirk
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:
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.
Discussion: naked capitalism and Cafe Hayek
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.
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.
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 …
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: Clusterstock
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
Floyd Norris / New York Times:
Dow Falls Below 6,800 in Lowest Close Since 1997  —  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 …
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 …
Rob Stein / Washington Post:
Researchers Find Safer Way to Produce Stem Cell Alternative  —  Skin Cells Transformed Without Worrisome Use of Viruses  —  Scientists have developed what appears to be a safer way to create a promising alternative to embryonic stem cells, boosting hopes that such cells could sidestep …
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.
Josh Kraushaar / The Politico:
CNBC's Kudlow mulls Senate bid  —  The political blogosphere has been abuzz with rumors that CNBC anchor and syndicated columnist Larry Kudlow is considering running for the Senate against Chris Dodd (D-Conn.)  —  Kudlow confirmed his interest in an interview with POLITICO this afternoon …
 
 
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 More Items: 
David Rogers / The Politico:
Angry McCain slams Obama
Nolan Finley / Detroit News:
Commentary: Elect a crazy council, get crazy results
Right Wing News:
An Interview With Michael Medved
Discussion: The Jawa Report
Alexandra Twin / CNNMoney.com:
Dow below 7,000  —  Blue-chip measure drops to levels …
Wall Street Journal:
‘Bad Bank’ Funding Plan Gets Fleshed Out
William Beutler / Blog P.I.:
Macon Phillips Has Probably Had Better Days
Discussion: Bits and The Politico
 Earlier Items: 
Myglesias / Matthew Yglesias:
Clinton Pessimistic About U.S.-Iranian Warming
Newsdesk / Clout St:
Agent says ousted Gov. Blagojevich has book deal, will talk Senate
CNN:
Abortion could influence Sebelius confirmation
Discussion: Daily Kos
Financial Times:
BofA chief admits Merrill aid ‘mistake’
Ross Douthat:
Rush and Oprah  —  Hugh Hewitt writes that Limbaugh's speech at CPAC …
Discussion: Eunomia
Brad Plumer / The New Republic:
Are Scientific Breakthroughs Overrated?
Discussion: The Bellows
Washington Post:
‘Potential’ Disruption?  —  REP. DAVID R. Obey (Wis.) …
Discussion: RedState, OpenMarket.org and Wizbang