President Obama Jokes About Being a Bad Bowler: 'It's Like the Special Olympics'  —  The first appearance by a sitting president on “The Tonight Show” may well end up being the last.  —  President Obama, in his taping with Jay Leno Thursday afternoon, attempted to yuk it up with the funnyman, and ended up insulting the disabled.

Obama White House bars press from press award ceremony  —  We are not making this up:  —  Barack Obama was elected commander-in-chief promising to run the most transparent presidential administration in American history.  —  This achievement and the overall promise of his historic administration caused …

Scorn Trails A.I.G. Executives, Even in Their Driveways  —  The A.I.G. executive who was nicknamed “Jackpot Jimmy” by a New York tabloid walked up the driveway toward his bay-windowed house in Fairfield, Conn., on Thursday afternoon.  “How do I feel?” said the executive, James Haas, repeating the question he had just been asked.

In an Unusual Video, Obama Offers Iran a ‘New Day’  —  Invoking art, history and “the common humanity that binds us,” President Obama offered a “new day” in America's relationship with Iran, using an unusual videotaped message to appeal directly to Iranians for a shift away from decades of confrontation.

Former AIG head denies he started exec bonuses  —  WASHINGTON - Former AIG chief executive officer Hank Greenberg said the company under his leadership never had the kind of retention bonus system that has subjected it to withering criticism.  —  “When I was there, nobody had a contract with the company …

Palin rejecting federal stimulus money  —  From Sean Cockerham in Juneau -  —  Gov. Sarah Palin just told reporters that she's accepting only 55 percent of the federal economic stimulus money being offered to Alaska.  The governor said that she will accept only about $514 million of the $930 million headed to the state.

Dodd's political stock tumbles in Connecticut  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Democrats may want to start thinking about a bailout for Senate Banking Committee Chairman Christopher Dodd, whose political stock has slipped amid the financial meltdown.

Geithner: Treasury pushed for bonus loophole  —  (CNN) — Treasury Secretary Timothy Geithner told CNN Thursday his department asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to keep its bonuses.

Bonfire of the Trivialities  —  A $14 trillion economy hangs by a thread composed of (a) a comically cynical, pitchfork-wielding Congress, (b) a hopelessly understaffed, stumbling Obama administration, and (c) $165 million.  —  That's $165 million in bonus money handed out to AIG debt manipulators …

Off With the Bankers  —  A.I.G. can hardly claim that its generous bonuses attract the best and the brightest.  So instead, it defends the payments by arguing they're needed to retain employees who are crucial for winding down transactions that are “difficult to understand and manage.”

90% Tax?  Now We Really ARE Screwed  —  The frantic passage of the Populist Rage Tax was a new low in the US government's response to this crisis.  It shows just how likely we are to doom ourselves to a decade or more of misery—by choking our markets, closing our borders …