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7:55 PM ET, March 17, 2009

memeorandum

 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.
RELATED:
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 …
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.
Blue Texan / Firedoglake:
Glenn Beck Comes Out in Favor of Paying AIG Executive Bonuses  —  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 and claims …
Discussion: The Daily Beast and Whiskey Fire
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.
The Huffington Post:
Santelli, Sen. Kyl Push Back Against “Outrage” Over AIG Bonuses  —  Defending AIG's right to award its senior executives $165 million in bonuses even after the company benefited from $170 billion in government bailout funds requires a certain amount of rhetorical or political dexterity.
RushLimbaugh.com:
The Last Man Standing Speaks in Defense of AIG Bailout Bonuses
Discussion: Don Surber
Jane Hamsher / Firedoglake:
Treasury Attempts to “Blame Dodd” for AIG Bonuses
Discussion: Open Left
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?
RELATED:
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: protein wisdom and The Corner
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 …
RELATED:
Washington Wire:
Gibbs Peppered With Questions About AIG and Geithner
Discussion: TPMDC
Byron York / www.dcexaminer.com:
Why tax problems have plagued Team Obama
Discussion: RedState and Wake up America
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 …
Discussion: The Huffington Post
RELATED:
Glenn Greenwald / Salon:
The outrageous offenses against Richard Cheney  —  (updated below - Update II - Update III)  —  Over the weekend, Dick Cheney — at John King's prodding — accused Barack Obama of, among other things, lying to the public about his proposed domestic policies, taking advantage of the financial crisis …
Discussion: Brian Beutler and The Daily Dish
RELATED:
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 …
RELATED:
BBC:
Russia announces rearmament plan
Discussion: Fausta's Blog and Hot Air
Agence France Presse:
Canadians throw shoes to protest Bush  —  OTTAWA (AFP) — Three Canadians were arrested and others threw shoes in protest against George W. Bush on Tuesday when he gave his first post-presidential speech in western Canada's oil patch.  —  The footwear was tossed at an effigy …
RELATED:
Jeffrey Jones / Reuters:
Protests greet Bush's first speech as ex-president
Discussion: The Raw Story
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?
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.”
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.
RELATED:
Rasmussen Reports:   61% Say Secret Ballot Is Fair Way To Vote For A Union
Alan Scherstuhl / Runnin' Scared:
“Off With Those Pants”: Bill O'Reilly Seduces You in Clips From His Dirty Audiobook  —  Your Crap Archivist brings you the finest in forgotten and bewildering crap culled from basements, thrift stores, estate sales and flea markets.  I do this for one reason: Knowledge is power.  —  Those Who Trespass audiobook
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 …
Discussion: Salon, Reason and Washington Monthly
Michael Goldfarb / Weekly Standard:
Republicans Ask Obama to Withdraw Hill Nomination  —  The signatories include Senators Ensign, Brownback, Bond, Kyl, and Inhofe, though interestingly no Republican from the Foreign Relations Committee.  The complaints echo those made by Senators Graham and McCain last week, mainly that Christopher Hill …
John Schwartz / New York Times:
Mistrial by iPhone: Juries' Web Research Upends Trials  —  Last week, a juror in a big federal drug trial in Florida admitted to the judge that he had been doing research on the case on the Internet, directly violating the judge's instructions and centuries of legal rules.
Discussion: TalkLeft
The Huffington Post:
Dems Fuming Over White House Plan To Make Vets Pay For Service Injuries  —  Democrats in Congress are organizing to squash a White House proposal that would require veterans to use private insurance to pay for treatment of their combat and service-related injuries.
Discussion: Moe Lane
Fox News:
ACORN to Play Role in 2010 Census  —  The U.S. Census Bureau is working with several national organizations to help recruit 1.4 million workers to produce the country's 2010 census, including one with a history of voter fraud charges: ACORN.  —  FOXNews.com
Discussion: Hot Air
The Wrap:
Wrap Exclusive: AOL to Start Reporting the News, Instead of Just Aggregating It  —  This story has been updated from its original version.  —  New Media is about to meet Old Media.  But not in the way you'd think.  —  AOL is about to launch a politics site, hiring well-respected political journalists …
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 …
Discussion: protein wisdom, bizjournals and Hot Air
Peter Foster / Telegraph:
North Korea launches perfect Italian pizza  —  North Korea has opened its first pizzeria after a decade of clandestine international research.  —  It has taken almost 10 years of work, but North Korea has acquired the technology to launch a project very dear to its leader's heart - the nation's first “authentic” Italian pizzeria.
Discussion: The Volokh Conspiracy and Reason
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.
Discussion: Washington Monthly, Salon and Hot Air
Carla Marinucci / San Francisco Chronicle:
GOP turns on itself, risks losses in midterms  —  The California Republican Party has been pummeled by some tough body blows in recent years - and results at the ballot box have been just part of the pain.  —  Now, at a time when the national GOP is trying to find its voice and cultivate new candidates …
Discussion: Washington Monthly
 
 
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 More Items: 
Joe Weisenthal / Clusterstock:
Obama's Favorite Company, Caterpillar, Lays Off 2500 More
Discussion: Right Pundits
Danny / The Note:
Obama Budget Chief: Numbers Looking Worse
Discussion: The Politico
Howard Kurtz / Washington Post:
Obama to Appear Sunday on ‘60 Minutes’
Discussion: TIME.com and Taegan Goddard's …
Ed Morrissey / Hot Air:
Flashback video: Obama on “sacred trust”
Discussion: GINA COBB
Ricardo Alonso-Zaldivar / Associated Press:
Health care overhaul may cost about $1.5 trillion
David Weigel / The Washington Independent:
Hard-Right PAC Complicates GOP Mission
Dana Goldstein / American Prospect:
THE TRUTH ABOUT SWEDEN'S VOUCHER PROGRAM.
Discussion: Matthew Yglesias
Todd Bensman / Pajamas Media:
Iran's Push Into Nicaragua: Why Is No One Concerned?
Discussion: Weekly Standard
 Earlier Items: 
Walter Shapiro / Blogs and Stories:
Fix the Country Already!
Discussion: Political Machine
Michael O'Brien / The Hill's Blog Briefing Room:
Bunning on Bernanke's ‘60 Minutes’ sit-down: ‘Ugggghh’
Media Matters / Media Matters for America:
Santelli on AIG bonus rage: “You know, $165 million is like worrying …
Discussion: Political Machine
Jeffrey Goldberg:
The Lieberman Disaster
Discussion: The Daily Dish
Richard Cohen / Washington Post:
Don't Blame Jim Cramer