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:
NY Daily News, Townhall.com, The Corner, Fox News, 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:
Think Progress, Washington Monthly, Talking Points Memo, DealBook, Richmond Times-Dispatch and TPMMuckraker
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.
Discussion:
The Huffington Post, Washington Post, Matthew Yglesias, Think Progress, The Politico, Maggie's Farm, The New Republic, TalkLeft, TigerHawk, Free exchange, Capital Commerce, Runnin' Scared, TPMCafe, Clusterstock, Outside The Beltway, Marginal Revolution, Brian Beutler, Taylor Marsh and Guardian
CNN:
Dodd suggests tax to recoup 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 …
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.
Discussion:
TIME.com, DownWithTyranny!, The Moderate Voice, Wizbang, Hot Air, The Atlantic Business Channel and JammieWearingFool
Myglesias / Matthew Yglesias:
AIG — Maybe this is stupid, but couldn't the administration …
AIG — Maybe this is stupid, but couldn't the administration …
Discussion:
Brian Beutler
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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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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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 …
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.
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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 Post, Washington Wire, Power Line, The Raw Story, Commentary, Agence France Presse and Weekly Standard
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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.
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 …
Eli Lake / Washington Times:
EXCLUSIVE: Israel's national security aide barred from U.S. — Former Israeli spy linked to Pentagon leak — Uzi Arad, who is expected to serve as national security adviser in the next Israeli government, has been barred from entering the United States for nearly two years on the grounds that he is an intelligence risk.
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.
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 …
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
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 …
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:
gqrr.com:
Latest NPR Poll: Democrats Besting Republicans in National Debate on Key Budget Issues — Greenberg Quinlan Rosner National Public Radio — Research Categories … Executive Summary — NOTE: TO HEAR THE FULL NPR BROADCAST CLICK HERE. — The first bipartisan survey conducted for NPR …
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.
David Brooks / New York Times:
The Commercial Republic — Over the centuries, the United States has been most conspicuous for one trait: manic energy. Americans work longer hours than any other people. We switch jobs more frequently, move more often, earn more and consume more. — This energy was first aroused by abundance …
Cary Tennis / Salon:
Why teach journalism if newspapers are dying? — Dear Cary, — I am a college journalism professor. When I got into this field a half dozen or so years ago, after 17 years as a journalist, I was excited to enlighten young minds and inspire them. And I have, and hope I still do.
Discussion:
Media Blog
Byron York / www.dcexaminer.com:
Why tax problems have plagued Team Obama — Treasury Secretary Timothy Geithner speaks at the Treasury Department in Washington, detailing the Obama Administrations plans for the economic recovery. It's been a recurring question about the young Obama administration: Why have so many of its nominees come down with tax problems?
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”.