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.

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.

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 …

Emblems to Stamp Projects Funded by the Stimulus Package  —  ABC News' Sunlen Miller reports:  —  Put a stamp on it — that's what the White House says.  —  President Obama announced today that his administration will begin stamping an emblem on projects funded by the economic stimulus package …

Wealthy Idiots Meet Idiot Reporter  —  I've seen a lot of dumb news reports in my life, but I'm not sure anything can quite match this one from ABC News.  The premise of the report is this: Barack Obama plans to raise taxes on people who make more than $250,000, so the reporter has gone …

Bernanke Says Insurer AIG Operated Like a Hedge Fund  —  Federal Reserve Chairman Ben S. Bernanke said American International Group Inc. operated like a hedge fund and having to rescue the insurer made him “more angry” than any other episode during the financial crisis.

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.

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 …

Obama: A course correction needed?  —  CNN Senior Political Analyst  —  Barack Obama last week set forth the most ambitious reform agenda of any president since Lyndon Johnson, and a large majority of Americans have rallied behind him.  Yet, as the economy continues its downward plunge …

Dems yank DC vote bill in House  —  It looks like voters in the District of Columbia will have to wait another week - and possibly a lot longer - to claim official representation in the House.  —  Majority Leader Steny H. Hoyer (D-Md.) told reporters Tuesday night that the bill would not come …

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 …

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 …

Bullish Obama Suggests Nation Should Buy!  Buy!  —  President Obama told Americans to take a look at investing in the stock market this afternoon, a remarkable utterance for an American president, especially as the Dow Jones Industrial Average proceeds on its course Southward.

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.

Former HP leader diagnosed with cancer  —  SAN FRANCISCO (AP) — Former Hewlett-Packard Co. Chief Executive Carly Fiorina has been diagnosed with breast cancer, a top aide said Tuesday.  —  Fiorina was diagnosed with the disease Feb. 20 and underwent surgery Monday at Stanford Hospital …

MCCAIN EARMARKS AMENDMENT FAILS  —  From NBC's Ken Strickland  —  Today Sen. John McCain failed in his effort to strip thousands on earmarks from a government funding bill moving through Congress.  His amendment would also have reduced the funding for several government departments to last year's lower spending levels.

Please Help One Of Our Own  —  I've been writing here for about four years now, and over the course of those four years, we've asked you guys to open your wallets on several occasions.  We've asked you to give some of your hard earned cash to politicians who have taken hard stands …

Geithner: Obama inherited worst fiscal mess ever  —  WASHINGTON (AP) — President Barack Obama's Treasury secretary says the administration has inherited “the worst fiscal situation in American history.”  —  Treasury Secretary Timothy Geithner told the House Ways and Means Committee Tuesday …

Already Bleak, Auto Sales Take a Fall in February  —  DETROIT — Despite their offers of deeper discounts, automakers had more trouble luring shoppers into showrooms in February, when vehicle sales fell to their lowest level in 28 years.  —  Auto companies, which reported sales figures Tuesday …

Team Obama on the Unit Root Hypothesis  —  All academics, to some degree, suffer from the infliction of seeing the world through the lens of their own research.  I admit, I do it too.  So when I read the CEA's forecast analysis, this sentence jumped out at me: