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4:35 PM ET, March 19, 2009

memeorandum

 Top Items: 
Brady Dennis / Washington Post:
Inside AIG-FP, Feeling the Public's Wrath  —  A solitary flat-screen television hangs on the back wall of the trading floor inside the headquarters of AIG Financial Products here.  Wednesday afternoon, the most-talked-about employees in America huddled around it to find out just how despised they have become.
RELATED:
Erik Schatzker / Bloomberg:
Citigroup Said to Commit $10 Million for New Executive Suite  —  Citigroup Inc. plans to spend about $10 million on new offices for Chief Executive Officer Vikram Pandit and his lieutenants, after the U.S. government injected $45 billion of cash into the bank.
Discussion: Swampland, TigerHawk and The XX Factor
David Stout / New York Times:
House Passes Heavy Tax on Bonuses at Rescued Firms  —  WASHINGTON — Spurred on by a tidal wave of public anger over bonuses paid to executives of the foundering American International Group, the House voted 328 to 93 on Thursday to get back most of the money by levying a 90 percent tax on it.
Stephen Ohlemacher / Associated Press:
House passes bill taxing AIG and other bonuses  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Acting swiftly, the Democratic-led House approved a bill Thursday to slap punishing taxes on big employee bonuses at firms bailed out by taxpayers.
Tom Maguire / JustOneMinute:
No New Taxes  —  I deplore this confiscatory tax aimed at whoever Congress is mad at today.  Right now it's AIG and Fannie Mae; later it will be Merrill and Citibank, and eventually it will be defense contractors, profiteering oil executives, or whomever the Congressional Dems single out as their whipping boy du jour.
Manu Raju / The Politico:
GOP wary of plan to tax AIG bonuses  —  A plan to recoup millions of dollars of American International Group bonuses by taxing them into oblivion has put top Republicans on opposite sides of a riddle: When is a tax hike not a tax hike?  —  House Minority Leader John A. Boehner (R-Ohio) …
Reuters:   House votes to recoup bonuses from bailed-out firms
Michelle Malkin:   Putting on a great show: Kabuki in the House; Update: 328-93 …
Tom Maguire / JustOneMinute:
Who Doesn't Love The JournoList?  —  How great is the JournoList, that off-the-record electronic salon where liberal journalists and policy gurus can exchange views, and which is emphatically *not* an echo chamber?  —  Let's see - Matt Yglesias of JL on the AIG furor - it's a distraction:
RELATED:
Washington Post:
How the Fed Failed to Tell Obama About The Bonuses
Fox News:
Duke Coach to Obama: Worry About the Economy, Not NCAA Picks  —  Reacting to news Obama picked North Carolina to win the NCAA Championship, Mike Krzyzewski says, “the economy is something that [the president] should focus on, probably more than the brackets.”
RELATED:
Nate Silver / FiveThirtyEight:
Cherry-Picker-in-Chief
Discussion: Politicker NY and The Opinionator
Stephen Ohlemacher / Associated Press:
13 firms receiving federal bailout owe back taxes  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday.
RELATED:
Jonathan D. Salant / Bloomberg:
AIG Bonuses Contemplated in '08, TARP Inspector Says
Discussion: Think Progress
Amos Harel / Haaretz:
IDF in Gaza: Killing civilians, vandalism, and lax rules of engagement  —  During Operation Cast Lead, Israeli forces killed Palestinian civilians under permissive rules of engagement and intentionally destroyed their property, say soldiers who fought in the offensive.
Michelle Malkin:
Audio comedy gold: Bozo the Vice President is looking out for you  —  The gaffetastic gift that keeps on giving.  —  In trying times, we can always count on Bozo the Vice President to provide some welcome comic relief.  Joe Biden was The Newshour on PBS last night in full swagger …
Eddie / Sky News:
Julia Alasheyeva, Moscow  —  A picture has emerged apparently showing Russia's Prime Minister Vladimir Putin in his former days as a KGB officer.  —  The 20-year old photo depicts two world leaders - US President Ronald Reagan and the Soviet leader Mikhail Gorbachev - in Moscow.
Gail Collins / New York Times:
The Grievance Committee  —  Angry.  So very, very angry.  Unable to speak due to mega-anger washing over every pore and fiber of my being.  Anger is in.  (Hope's so ... January.)  —  I am extremely angry at Tim Geithner for being such a baby that he couldn't scare a bunch …
David Kurtz / Talking Points Memo:
NO IDEAS, NO PLAN, NO NOTHING  —  Larry O'Donnell went to town this morning on Rep. Eric Cantor (R-VA).  The ostensible issue was whether Cantor was going to support Rep. Charlie Rangel's bill to tax the heck out the AIG bonuses when it comes up for a vote later today.
RELATED:
Glenn Thrush / Glenn Thrush's Blog:
House GOP split on AIG tax
Discussion: Washington Monthly and Salon
Laura Rozen / The Cable:
Top brass disturbed by GOP stalling of Iraq ambassador  —  There's one as yet unremarked constituency increasingly disturbed by some Republican senators' efforts to block the confirmation of former North Korea envoy Christopher Hill to be the next U.S. ambassador to Iraq: the U.S. military.
Zachary A. Goldfarb / Washington Post:
House GOP Report Details Countrywide's Efforts to Benefit VIPs  —  Executives at Countrywide Financial, one of the biggest names of the housing boom, routinely violated internal company policies to provide below-market rates on home loans to the politically connected and powerful …
James K. Galbraith / Associated Press:
No Return to Normal  —  Why the economic crisis, and its solution,  —  are bigger than you think.  —  B arack Obama's presidency began in hope and goodwill, but its test will be its success or failure on the economics.  Did the president and his team correctly diagnose the problem?
Washington Times:
EXCLUSIVE: Obama's $500,000 book bonanza  —  Deal reached 5 days before he took office  —  As he empathized with recession-weary Americans, President Obama arranged in the days just before he took office to secure a $500,000 advance for a children's book project, a disclosure report shows.
Hollywoodreporter / The Live Feed:
Networks reluctantly shuffle for Obama speech  —  Networks are pulling their shows over to the side of the road to make room for the lights and sirens of president Barack Obama's latest primetime address.  —  Obama will take to the air next Tuesday evening on four broadcast networks and bump …
Lindsey Ellerson / The Note:
Norquist Opposes AIG Tax, But Says It Doesn't Break Tax Pledge  —  ABC News' Z. Byron Wolf reports from Capitol Hill: While everyone seems to be outraged about the $165 million in bonuses awarded to AIG executives at the troubled financial products division, the plan by Democrats in the House …
Discussion: Firedoglake
Times of London:
Iranian blogger who insulted leader ‘dies in jail’  —  A young Iranian blogger jailed in Tehran's notorious Evin prison for insulting the country's supreme leader, Ayatollah Ali Khamenei, has died, his lawyer said today.  —  Mohammad Ali Dadkhah said that although there is not yet …
Discussion: Weekly Standard
Timothy J. Burger / Bloomberg:
California Congressman Calls Maryland Home to Gain Tax Credit  —  A senior member of the U.S. House's tax-writing Ways and Means Committee from California has been taking advantage of a tax break for a home in Maryland that he claims as his principal residence.
Jared Allen / The Hill:
Pelosi: House Dems blameless in AIG scandal  —  House Speaker Nancy Pelosi (D-Calif.) kicked blame for the insertion of a provision allowing for AIG bonuses to go forward to the White House and the Senate on Thursday morning, saying House Democrats bore no responsibility for the bonus language at the center of the AIG storm.
Discussion: protein wisdom
Rolling Stone:
The 100 People Who Are Changing America  —  It would be a luxury if the function of the list we present here were simply to shake ourselves out of complacency.  But, unfortunately, we are far beyond that.  With the election of Barack Obama and the deep hole that his predecessor left …
Satyam Khanna / Think Progress:
Rice: 'No One Was Arguing That Saddam Hussein Somehow Had Something To Do With 9/11′  —  On PBS's Charlie Rose yesterday — six years after the eve of the Iraq invasion — former secretary of state Condoleezza Rice discussed the decision to invade Iraq.
Discussion: Crooks and Liars and Daily Kos
 
 
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 More Items: 
Eric Kleefeld / TPMDC:
Poll: Americans Overwhelmingly Approve Obama's Iraq Plan
Conor Dougherty / Wall Street Journal:
U.S. Migration Falls Sharply
Discussion: Weekly Standard and Creative Class
Yves Smith / naked capitalism:
Why We Need Criminal Investigations
Associated Press:
US to attend Afghan meeting in Russia
Discussion: Agence France Presse
CNN:
Western state repeals death penalty
Discussion: Open Left
Reliable Source:
Puppy Love at the Veep's House
Discussion: Political Punch
Greg Mankiw / Greg Mankiw's Blog:
Reloading the Weapons of Monetary Policy
Discussion: Free exchange and Clusterstock
Ed Morrissey / Hot Air:
Sebelius has trouble in Kansas
 Earlier Items: 
Jean-Marie Godard / Associated Press:
France hit by new wave of nationwide protests
Ed Morrissey / Hot Air:
Kundra back on job, White House dodging; Update: WH finally responds!
Discussion: Gawker and Silicon Alley Insider
Jimmy Orr / Christian Science Monitor:
Obama: It's like AIG has a bomb strapped to them
Belinda Luscombe / Time:
Arianna Huffington: The Web's New Oracle
Discussion: The Politico
Mark Silva / The Swamp:
Obama's Jay Leno: Humor or hubris?
Discussion: The Politico
Andrew Blankstein / Los Angeles Times:
Photo of Charles Manson is released by prison officials
Discussion: American Power and LA Observed
 

 
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