Top Items:
David K. Li / New York Post:
RON SILVER DEAD — SUCCUMBS TO CANCER AT AGE 62 — Actor and longtime political activist Ron Silver died this morning, succumbing to a long battle with cancer, friends of the liberal Democrat-turned-GOP stalwart told The Post. — “Ron Silver died peacefully in his sleep with his family around …
Discussion:
Commentary, Liberal Values, JammieWearingFool, Little Green Footballs, Pajamas Media, Althouse, Eschaton and Lifeline Live
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Financial Times:
AIG publishes counterparty list — By Julie MacIntosh in New York and Alan Beattie in Washington — AIG caved in to political pressure Sunday and released a list of some of the financial counterparties that benefited from its $160bn US government rescue, including some of Europe's largest banks.
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Mary Williams Walsh / New York Times:
A.I.G. Lists Firms It Paid With Taxpayer Money — Amid rising pressure from Congress and taxpayers, the American International Group on Sunday released the names of dozens of financial institutions that benefited from the Federal Reserve's decision last fall to save the giant insurer from collapse with a huge rescue loan.
Discussion:
Spin Cycle
Eamon Javers / The Politico:
AIG ships billions in bailout abroad — Billions of American taxpayer dollars used to bailout insurance giant AIG are flowing to some of the largest foreign banks in the world, according to new documents released by beleaguered company Sunday. — The revelation seemed sure …
DealBook:
A.I.G. Reveals Biggest Beneficiaries of Its Rescue — The disclosure included counterparties to both its credit default swap operations and its securities lending businesses, both of which contributed heavily to A.I.G.'s troubles, as well as to muncipalities who participated in certain investment programs.
Media Matters / Media Matters for America:
John King cites Human Events headline, asks Cheney, “Is the president of the United States trying to brazenly deceive the American people?”
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Faiz Shakir / Think Progress:
Cheney's Excuse For Economic Failures Under His Watch: ‘Stuff Happens’
Cheney's Excuse For Economic Failures Under His Watch: ‘Stuff Happens’
Ali Frick / Think Progress:
Cheney fearmongers: Obama is ‘making some choices’ …
Cheney fearmongers: Obama is ‘making some choices’ …
Discussion:
The Reaction
Michael Goodwin / NY Daily News:
Goodwin: More than a bad day — Not long ago, after a string of especially bad days for the Obama administration, a veteran Democratic pol approached me with a pained look on his face and asked, “Do you think they know what they're doing?” — The question caught me off guard because the man is a well-known Obama supporter.
Glenn Reynolds / Instapundit:
THE CINCINNATI TEA PARTY IS UNDERWAY, and a reader sends this photo via Blackberry. — Also, reader Russell Sayre sends this aerial view: “This was taken from the 17th floor of the U.S. Bank Tower above Fountain Square in Cincinnati as the rally began. I have no idea how many people are there …
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New York Post:
WITH REPUBLICAN FRIENDS LIKE THESE ... THE MEDIA LOVES CONSERVATIVES, BUT ONLY IF THEY HATE REPUBLICANS — Dear Mainstream Media: — I'm a conservative who believes that other conservatives are fat, drug-stuffed, money-grubbing warthogs like Rush Limbaugh, or scary inbred backwoods retards like Sarah Palin.
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Steve Benen / Washington Monthly:
CREDIT WHERE CREDIT IS NOT DUE.... Wall Street had a nice little rally this week, but former White House Press Secretary Dana Perino hopes President Obama doesn't get too much credit. … I see. Just so we're clear, here's a helpful guide to the rules of market watching, as they relate to partisan politics:
Discussion:
Matthew Yglesias
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Michael Finnegan / Los Angeles Times:
Conservative talk radio on the wane in California — The economy's downturn has depressed ad revenue at stations across the state, thinning the ranks of conservative broadcasters. — Tune in to conservative talk radio in California, and the insults quickly fly.
Robert Kuttner / The Huffington Post:
Lifting the Tarp: Will President Obama's Economic Team Lead Him Off a Cliff? — In the past two weeks, political support for the Tim Geithner/Larry Summers approach to solving the banking crisis has been unraveling in Congress, with blistering criticism from legislators of both parties.
Jeff G. / protein wisdom:
This way lies fascism: an OUTLAW's lament (cont.) — So long as we're talking about code words and “who decides” what interpretation is best, let me add a few points to help combat the creeping fascism that comes with certain ideas about how language works.
Tomoeh Murakami Tse / Washington Post:
Three Wise Men Offer Three Takes On Markets — Experts Differ on What Has Changed, What to Do About It — Bond guru Bill Gross says he's sold off all the stocks in his retirement portfolio, down to the very last share. The world as we know it, he says, has “changed almost overnight.”
Jeffrey Toobin / New Yorker:
The rise of Roland Burris. — Roland Burris still occupies temporary office space in the Dirksen Senate Office Building, in a suite far from the floor of the United States Senate, so when the buzzer signalling an imminent vote interrupted his lunch the other day, he put down his plastic soupspoon …
Discussion:
TIME.com