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8:15 AM ET, March 4, 2009

memeorandum

 Top Items: 
Mark Murray / MSNBC:
Poll: Obama's rating at all-time high  —  NBC/WSJ poll shows gap between popularity of president and his policies  —  WASHINGTON - After Barack Obama's first six weeks as president, the American public's attitudes about the two political parties couldn't be more different, the latest NBC News/Wall Street Journal poll finds.
RELATED:
Laura Meckler / Wall Street Journal:
Obama Gets Strong Support in Poll  —  Popularity Can Help President Pursue Big Initiatives; Warning Signs on Health Care  —  WASHINGTON — President Barack Obama enjoys widespread backing from a frightened American public for his ambitious, front-loaded agenda, a new poll indicates.
Perry Bacon Jr / Washington Post:
GOP Seeks Balance With Conservative Icon Limbaugh
Discussion: BAGnewsNotes
SteveK / TVNewser:
White House Knocks Jim Cramer For Calling Obama Budget “Greatest Wealth Destruction By a President”  —  NBC's Tom Costello, on duty at the White House today, asked press secretary Robert Gibbs about some comments made by his CNBC colleague Jim Cramer.  On the Today show this morning …
RELATED:
Michael Calderone / The Politico:
How media sucks up to White House  —  In a profile last month, The Washington Post described deputy White House chief of staff Jim Messina as a “low-profile aide” who begins “fixing President Obama's problems” before 7 a.m., works 14 hours straight and then hits the gym.
David Gergen / CNN:
Obama: A course correction needed?
Allahpundit / Hot Air:
Video: Cramer goes nuclear on Obama, White House rips Cramer
Discussion: The Politico
CNN:
Hoyer says Congress, not the President, will decide on earmarks
Alan K. Ota / CQ Politics:
Democratic Revolt May Slow Obama Agenda  —  Democratic Reps. Jim Matheson of Utah and Gabrielle Giffords of Arizona have joined a quiet revolt in the House that could slow some of President Obama's fast-moving priorities.  —  The two are among 49 Democrats from congressional districts …
RELATED:
Mike Soraghan / The Hill:   NRA forces Pelosi retreat
Patrick O'Connor / The Politico:   Dems yank DC vote bill in House
Manu Raju / The Politico:
Moderates uneasy with Obama plan  —  Moderate and conservative Democrats in the Senate are starting to choke over the massive spending and tax increases in President Barack Obama's budget plans and have begun plotting to increase their influence over the agenda of a president who is turning out to be much more liberal than they are.
RELATED:
Washington Times:
Top Democrats cross Obama on earmarks
Alex Isenstadt / The Politico:
Senators push select econ committee
Discussion: The Moderate Voice
Washington Whispers:
GOP to Michael Steele: Quiet About Rush Limbaugh or You're Fired  —  Apology to Rush Limbaugh aside, new Republican National Committee Chairman Michael Steele is coming under fire from his own GOP troops to shut up and focus on his job of organizing the party and raising money, not fighting with his own political kind.
Lori Montgomery / Washington Post:
Obama Officials Defend Budget  —  Republicans Criticize Tax Increases, Plan to Cap Pollution  —  Two of the administration's top economic officials defended President Obama's $3.6 trillion budget plan yesterday, arguing that the proposal would finance a historic investment in critical economic priorities …
Discussion: The Sundries Shack
RELATED:
Robert J. Barro / Wall Street Journal:
What Are the Odds of a Depression?  —  International evidence suggests there is a 20% chance our stock-market crash will lead to much worse.  —  Central questions these days are how severe will the U.S. economic downturn be and how long will it last?  —  The most serious concern …
Newsdesk / Clout St:
Quigley claims Democratic nomination in race to replace Rahm Emanuel  —  Cook County Commissioner Mike Quigley is poised for a promotion to Congress after claiming the Democratic nomination Tuesday in the race to replace Rahm Emanuel, overcoming disadvantages in campaign cash and union support.
RELATED:
Dan Mihalopoulos / Chicago Tribune:
How Quigley claimed Democratic nomination in Rahm Emanuel race
Discussion: D-Day and MyDD
Eric Lipton / New York Times:
Ex-Leaders at Countrywide Start Firm to Buy Bad Loans  —  CALABASAS, Calif. — Fairly or not, Countrywide Financial and its top executives would be on most lists of those who share blame for the nation's economic crisis.  After all, the banking behemoth made risky loans to tens of thousands of Americans …
Greg Sargent / The Plum Line:
Rush Refuses To Say Whether Successful Obama Fix Of Economy Would Be Good For The Country  —  Okay, as noted below, I somehow ended up in an extended email exchange with Rush Limbaugh.  In it, Rush repeatedly insisted that his desire for President Obama to fail didn't mean he didn't want the country to “succeed.”
RELATED:
CNN:
Palin foe gets administration job  —  (CNN) - Alaska State Sen. Kim Elton, one of the leading officials to pursue an investigation of Gov. Sarah Palin during the heat of the presidential campaign, has taken a high-level job in the Interior Department.  —  Palin reacted in a short statement Monday …
Discussion: The Strata-Sphere
Michael Lewis / Vanity Fair:
Wall Street on the Tundra  —  Iceland's de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted from a stunning collective madness.
Brad DeLong / Grasping Reality with Both Hands:
Permanent and Transitory Components of Real GDP  —  Sigh.  Greg Mankiw writes: … Mankiw is here arguing that the Obama administration's forecast is too high, and so forecasts future deficits that are smaller than the deficits are in fact likely to be.  Mankiw is arguing that future economic growth …
RELATED:
Greg Mankiw / Greg Mankiw's Blog:
Team Obama on the Unit Root Hypothesis
Discussion: EconLog
Maureen Dowd / New York Times:
Stage of Fools  —  If only Shakespeare had known how to Twitter.  —  There was a bit of King Lear in the scene on the Senate floor, a stormy, solitary John McCain on “this great stage of fools,” as the Bard wrote, railing against both parties and the president in fiery speeches and rapid-fire tweets.
Discussion: Commentary and The Corner
Media Matters / Media Matters for America:
Limbaugh declares Ed Henry a “butt boy,” but “Jake Tapper is the one guy that's outside of the butt boy bubble in the White House press room”  —  You are right, I dont hear you saying any of those things.  But what I do hear you saying is things are better than they are.  —  You are wrong Rush.
Discussion: Hullabaloo and HorsesAss.Org
 
 
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 More Items: 
Kris Maher / Wall Street Journal:
Obama Signals Backing for Union Law
Discussion: The Repurblican
Sippican Cottage:
My Father Asks For Nothing
David Rieff / Gulf Times:
Is Mexico disintegrating?  —  MEXICO CITY: Shortly …
Discussion: Pacific Views
Jordan Robertson / Associated Press:
Former HP leader diagnosed with cancer
Discussion: Moe_Lane's blog
City Room:
An Eye (Many Eyes) on the Stimulus Money
 Earlier Items: 
Kyle E. Moore / Comments from Left Field:
Please Help One Of Our Own
Discussion: Newshoggers.com
Jonah Goldberg / USA Today:
A blueprint for a ‘remaking’
Michelle Malkin:
Obama's new mark of the porkulus beast; Update: Photoshoppers to the rescue!
Discussion: RedState
Mark Landler / New York Times:
Syria Talks Signal New Direction for U.S.
Discussion: MyDD and Winds of Change.NET
Huma Khan / Political Punch:
Emblems to Stamp Projects Funded by the Stimulus Package