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4:40 PM ET, March 21, 2009

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James K. Galbraith / Firedoglake:
James K. Galbraith Reponds to Geithner's Toxic Asset Plan  —  digg it  —  I've just been reading the NYT report.  —  The central Treasury assumption, at least for public consumption, seems to be that the underlying mortgage loans will largely pay off, so that if the PPIP buys and holds …
Discussion: TPMCafe and Corrente
John Cole / Balloon Juice:
The Geithner Plan  —  The reviews are in on the leaked Geithner plan, and we are going to do something different here for a change.  We are not going to listen to people who have been wrong about everything, and instead are going to listen to people who have been more right than wrong.
Binyamin Appelbaum / Washington Post:
Bankers Press Case Against Punitive Tax
Discussion: AMERICAblog News
Calculated Risk:
Geithner's Toxic Asset Plan
Discussion: Marginal Revolution
Mike Allen / The Politico:   Treasury to roll out toxic asset plan
New York Magazine:
Busload of Crazies to Tour Homes of AIG Executives This Weekend  —  Less than a year ago, the most repellent area bus tour we knew of was the one that induced Sex and the City-crazed tourists to put $40 on their Citi cards for a cupcake and a glimpse at Carrie Bradshaw's brownstone.  How times have changed!
RELATED:
Jesse J. Holland / Associated Press:
‘Hillary: The Movie,’ now showing at Supreme Court  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Months after its debut, “Hillary: The Movie” faces nine of the nation's toughest critics: the Supreme Court.  —  The justices' review of the slashing documentary financed …
Discussion: ECHIDNE OF THE SNAKES
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Juan A. Lozano / Associated Press:
Double jeopardy in before US Supreme Court  —  HOUSTON - A former Enron Corp. executive is hoping a little known component of the Fifth Amendment's double jeopardy clause will help him avoid a retrial on charges related to financial fraud at the once mighty energy giant.
Discussion: But As For Me
Joe Nocera / New York Times:
The Problem With Flogging A.I.G.  —  Can we all just calm down a little?  —  Yes, the $165 million in bonuses handed out to executives in the financial products division of American International Group was infuriating.  Truly, it was.  As many others have noted, this is the same unit whose …
RELATED:
David M. Herszenhorn / New York Times:
Obama Uneasy About Tax on Bonuses
Michelle Malkin:
Liveblogging the Lexington KY Tea Party; Ridgefield CT Tea Party protesters say “DUMP DODD;” 3k in Orlando; Raleigh NC represents  —  Scroll for updates...3,000 in Orlando...no national wire coverage of these thousands of protesters across the country, but AP covers measly anti-war protest turnout in Washington...
Discussion: acorn-online.com and Pajamas Media
Lisa Demer / Anchorage Daily News:
Palin's legal debts pile up  —  ‘SUBSTANTIAL’: Governor may create fund to pay the bills.  —  ldemer@adn.com  —  Gov. Sarah Palin owes more than a half million dollars to an Anchorage law firm that has defended her against ethics complaints, and she may create a legal fund to pay the bill, she said Friday.
Kris Maher / Wall Street Journal:
Three Companies to Back Proposal on Union Bill  —  Three big retailers are expected to back an alternative proposal next week on a hotly contested bill that would make it easier to unionize workplaces, a move some experts said would bolster the legislation's chance of passage.
Discussion: Think Progress and The Politico
Liz Sidoti / Associated Press:
Analysis: Obama rhetoric, reality clash  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Barack Obama's optimistic campaign rhetoric has crashed headlong into the stark reality of governing.  —  In office two months, he has backpedaled on an array of issues …
Discussion: Stop The ACLU
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The Politico:
VIDEO: Obama's 4 budget principles
Discussion: Associated Press, Reuters and The Swamp
Helene Cooper / New York Times:   Obama to Push Programs in Budget
Lolita C. Baldor / Associated Press:
Obama criticizes some Guantanamo release decisions  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - President Barack Obama says the U.S. hasn't done a good job sorting out who should be released from the Guantanamo Bay detention center.
Ali Akbar Dareini / Associated Press:
Iran's supreme leader dismisses Obama overtures  —  TEHRAN, Iran - Iran's supreme leader rebuffed President Barack Obama's latest outreach on Saturday, saying Tehran was still waiting to see concrete changes in U.S. policy.  —  Ayatollah Ali Khamenei was responding to a video message Obama released Friday …
Ross Colvin / Reuters:
Obama says would not accept Geithner resignation  —  WASHINGTON (Reuters) - President Barack Obama said he would not accept Treasury Secretary Timothy Geithner's resignation if it was offered, according to excerpts from a television interview to be broadcast on Sunday.
Discussion: Associated Press and The Politico
 
 
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 More Items: 
Nafeesa Syeed / Associated Press:
Protesters march to Pentagon, call to end Iraq war
Gail Collins / New York Times:
Rage Redux: Changing Channels
Discussion: cab drollery and The New Editor
Susan Haigh / Associated Press:
Dodd's stock with voters began dropping before AIG
Matthew Lee / Associated Press:
E-diplomacy? Hillary Clinton embraces new media
Discussion: Agence France Presse
Mary Anastasia O'Grady / Wall Street Journal:
Now Is No Time to Give Up on Markets
Mark Sherman / Associated Press:
Obama could make top high court lawyer a justice
Discussion: TIME.com and The Politico
 Earlier Items: 
Park Chan-Kyong / Agence France Presse:
North Korea confirms two Americans detained
Discussion: Hot Air
Anne Schroeder Mullins / Anne Schroeder's Blog:
Score One for Team Rohrabacher!
Discussion: Hot Air and Stop The ACLU
Los Angeles Times:
Not bowled over by Obama's Special Olympics joke
Randolph E. Schmid / Associated Press:
US Post Service looks for new ways to cut losses