Top Items:
Rich Edson / FOXBusiness.com:
Amid AIG Furor, Dodd Tries to Undo Bonus Protections He Put In — Senator Chris Dodd (D-Conn.) on Monday night floated the idea of taxing American International Group (AIG) bonus recipients so the government could recoup the $450 million the company is paying to employees in its financial products unit.
Discussion:
Le·gal In·sur·rec· tion, NY Daily News, Townhall.com, Fox News, The Corner, Commentary, Michelle Malkin and The Liberty Papers
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Louise Story / New York Times:
Cuomo Details Million-Dollar Bonuses at A.I.G. — Seventy-three employees were paid more than $1 million in the latest bonuses at the insurance giant American International Group, according to the New York attorney general, Andrew M. Cuomo. — The attorney general provided some new details …
Discussion:
Associated Press, Think Progress, Washington Monthly, The Caucus, DealBook, Talking Points Memo and Richmond Times-Dispatch
Andrew Ross Sorkin / New York Times:
The Case for Paying Out Bonuses at A.I.G. — Do we really have to foot the bill for those bonuses at the American International Group? — It sure does sting. A staggering $165 million — for employees of a company that nearly took down the financial system. And heck, we, the taxpayers, own nearly 80 percent of A.I.G.
Jim VandeHei / The Politico:
Why AIG outrage rings hollow — President Barack Obama and everyone else in Washington is in a sprint for the microphones to express outrage at the big bonuses for the knuckleheads who screwed up American International Group and threaten to do the same to the rest of the economy.
Michael Calderone / The Politico:
JournoList: Inside the echo chamber — For the past two years, several hundred left-leaning bloggers, political reporters, magazine writers, policy wonks and academics have talked stories and compared notes in an off-the-record online meeting space called JournoList. — Proof of a vast liberal media conspiracy?
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Ezra Klein / American Prospect:
OBLIGATORY JOURNOLIST POST. — It is true: I am the coordinating force behind a vast, tentacular conspiracy involving every journalist and policy wonk in Washington, DC. — To this I say: It's all true. My power is immense. My enemies will be crushed. My bling shines fierce. Mwahahahahaha.
Discussion:
The Corner
Michael Calderone / Michael Calderone's Blog:
Fox apologizes for using Biden clip UPDATE — Both ThinkProgress and Huffington Post pointed out that Fox aired a clip of Joe Biden commenting on the fundamentals of the economy, supposedly from this past weekend. — Actually, the Biden quote was from a stump speech last year criticizing McCain …
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Satyam Khanna / Think Progress:
Fox News apologizes for dishonest splicing of Biden clip.
Fox News apologizes for dishonest splicing of Biden clip.
Discussion:
PERRspectives
CNN:
Senate to explore taxing controversial AIG bonuses — WASHINGTON (CNN) — Senate Democrats want to tax the controversial bonuses doled out to AIG employees who work for the division that led to the company's downfall. — Senate Majority Leader Harry Reid announced on the Senate floor Tuesday …
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Caitlin Taylor / The Note:
The AIG Bonus Tax: “Give the money back or we'll take it away”
The AIG Bonus Tax: “Give the money back or we'll take it away”
Discussion:
The Swamp
Neil A. Lewis / New York Times:
Moderate Is Said to Be Pick for Court — WASHINGTON — President Obama is expected to name his first candidate to an appeals court seat this week, officials said, choosing David F. Hamilton, a highly regarded federal trial court judge from Indiana, for the appeals court in Chicago.
Discussion:
CBS News, Bench Memos, Power Line, Washington Wire, TalkLeft, Sentencing Law and Policy, The Politico, NewsBusters.org, The Swamp and The BLT
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Blue Texan / Firedoglake:
Glenn Beck Comes Out in Favor of Paying AIG Executive Bonuses — digg it — The Populist Champion of the Everyman is sticking up for those downtrodden, forgotten millionaires at AIG. … Really shows his true colors, eh? — Beck also reaffirmed his comparison of Al Gore to Joseph Goebbles …
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The New Majority:
WHAT IS GOING ON AT FOX NEWS? — What the hell is going on at Fox News? — On Friday evening, Fox viewers were treated to an hour-long televangelical special starring Glenn Beck. (The opening of the show can be seen in our Watch Now window, at right.) — Watching Beck cry for the cameras …
Media Matters / Media Matters for America:
Santelli on AIG bonus rage: “You know, $165 million is like worrying about 16.5 cents, while $165 maybe necessitates a little more outrage” — From the March 17 edition of CNBC's Squawk Box:
Discussion:
Political Machine
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Satyam Khanna / Think Progress:
McCain Refuses To Condemn Ingraham's Attacks On His Daughter — Last week, ThinkProgress reported that hate radio host Laura Ingraham responded to Meghan McCain's criticism of right-wingers like Ann Coulter by calling her “plus-sized.” Meghan shot back, telling Ingraham, “stop talking about my body.”
Max Boot / Commentary:
Losing Support for Afghanistan — As I've previously noted in this space, the situation in Afghanistan is not nearly as dire as the press reports would have it. This is hardly an unwinnable war. In fact, with only a relatively modest — addition of resources we can make substantial gains.
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Tom Vanden Brook / USA Today:
Poll: More view Afghan war as ‘mistake’
Poll: More view Afghan war as ‘mistake’
Discussion:
Wall Street Journal, ATTACKERMAN, The Atlantic Politics Channel, JustOneMinute, Daily Kos and American Power
Eliot Spitzer / Slate:
It's not the bonuses. It's that AIG's counterparties are getting paid back in full. — Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?
Discussion:
Ben Smith's Blog
Reid Wilson / The Hill:
Republicans concerned over RNC fundraising — GOP strategists and party leaders are increasingly worried that the party's run of bad news over the last month and a half is set to continue this week as the Republican National Committee (RNC) prepares to release what are expected to be markedly low fundraising numbers on Friday.
Bryan Bender / Boston Globe:
Gates readies big cuts in weapons — Battle looms with Congress — Aides said Defense Secretary Robert Gates's decisions will be guided by what he learns while spending time with troops. — WASHINGTON - As the Bush administration was drawing to a close, Robert M. Gates …
Capital Commerce:
Yes, the Community Reinvestment Act Really Did Help Cause the Housing Crisis — There has been a lot of push back against the idea that the Community Reinvestment Act nudged banks to give mortgages to people who should have not gotten them. But then here comes this fantastic story …
Richard Cohen / Washington Post:
Don't Blame Jim Cramer — What Jon Stewart needs is Jon Stewart. He could use a droll comedian to temper his ferocity and correct him when he's wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer. They didn't cover up the story of financial shenanigans.
Lydia Saad / Gallup:
Majority Receptive to Law Making Union Organizing Easier — But most Americans not closely following news about union bill in Congress — PRINCETON, NJ — A new Gallup Poll finds just over half of Americans, 53%, favoring a new law that would make it easier for labor unions to organize workers; 39% oppose it.
BBC:
Russia announces rearmament plan — Russian President Dmitry Medvedev has said Moscow will begin a comprehensive military rearmament from 2011. — Mr Medvedev said the primary task would be to “increase the combat readiness of [Russia's] forces, first of all our strategic nuclear forces”.
Nigel Duara / Associated Press:
Senator suggests AIG execs should kill themselves — IOWA CITY, Iowa (AP) - Iowa Sen. Charles Grassley suggested that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant by resigning or killing themselves.
Discussion:
Washington Wire, Power Line, The Raw Story, Commentary, Agence France Presse and Michelle Malkin
Jeffrey Goldberg:
The Lieberman Disaster — Not this Lieberman, this Lieberman. It's not a disaster for the reasons some people think; I know Avigdor Lieberman a little bit, and he's actually a person interested in a cold compromise with the Palestinians. It's a disaster because he's made himself into a racist.
Discussion:
The Daily Dish
Manu Raju / The Politico:
GOP eyes Bush v. Gore for Coleman — A state court could rule any day now on Norm Coleman's challenge to Al Franken's 225-vote lead in Minnesota, but the race may be far from over no matter what the judges say. — Top Republicans are encouraging Coleman to be as litigious as possible …
Michael O'Brien / The Hill's Blog Briefing Room:
Bunning on Bernanke's ‘60 Minutes’ sit-down: ‘Ugggghh’ — Sen. Jim Bunning (R-Ky.) continued his streak of weekly conference calls with Kentucky repporters in which the endangered incumbent proves himself unafraid to speak his mind, this week going after CBS news.