Top Items:
Paul Krugman:
Despair over financial policy — The Geithner plan has now been leaked in detail. It's exactly the plan that was widely analyzed — and found wanting — a couple of weeks ago. The zombie ideas have won. — The Obama administration is now completely wedded to the idea …
Discussion:
Firedoglake, The Baseline Scenario, naked capitalism, Wizbang, Wall Street Journal, Newshoggers.com, Hullabaloo, European Tribune, Economist's View, Political Machine, CANNONFIRE, But As For Me, Taylor Marsh, Clusterstock, No More Mister Nice Blog, The Mahablog, Wonk Room, The Strata-Sphere, Marginal Revolution, Booman Tribune, QandO, Bob Cesca's Awesome Blog!, The Reaction and Corrente
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James K. Galbraith / Firedoglake:
James K. Galbraith Reponds to Geithner's Toxic Asset Plan — 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 …
Stephen Labaton / New York Times:
Administration Seeks Increase in Oversight of Executive Pay — WASHINGTON — The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.
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The Politico:
Geithner to call for new bonus system — Featured Topics: - Barack Obama - Presidential Transition — Treasury Secretary Tim Geithner will try to cut down on risky behavior by financial institutions by asking them to tie bonuses to the long-term health of the company rather than short-term gains …
Binyamin Appelbaum / Washington Post:
Bankers Press Case Against Punitive Tax
Bankers Press Case Against Punitive Tax
Discussion:
AMERICAblog News
Joe Nocera / New York Times:
The Problem With Flogging A.I.G.
The Problem With Flogging A.I.G.
Discussion:
Wall Street Journal, The Corner, D-Day, The Swamp, The Moderate Voice, Salon, TalkLeft, Connecting.the.Dots, Pundit & Pundette, Dean's World, Prairie Weather, Commentary, Corrente and Bloomberg
MJ Rosenberg / Mideast Peace Pulse:
Did Israel Intentionally Undermine Obama's Outreach To Iran? — Yesterday, when the New York Times inexplicably gave Shimon Peres' insulting message to Iran equal play with President Obama"s, I thought it might be no coincidence. — Peres, who is an uberhawk on Iran, suddenly sends …
Discussion:
Israel Matzav, TigerHawk, Think Progress, D-Day, Newshoggers.com, Mondoweiss, Jihad Watch and Haaretz
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David Warren / Real Clear Politics:
Too Clever by Half — It is now spring; the vernal equinox was reached Friday morning. To celebrate, Barack Obama sent a video of himself to Iran. — This was one of several end-of-week media performances, as Mr. Obama went back into “campaign mode” after a break of several months.
Discussion:
neo-neocon
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!
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...
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 …
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Juan A. Lozano / Associated Press:
Double jeopardy in before US Supreme Court
Double jeopardy in before US Supreme Court
Discussion:
But As For Me
Nicole Belle / Crooks and Liars:
Is Anybody Listening? The Real Faces Of The Economic Crisis — When AIG attempted to rationalize the bonuses given as the only way for them to retain “the best and the brightest” in the workforce, it was all I could do not to lose my lunch. Those guys—who drove the corporation into the ground are the best and the brightest?
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.
The New / New York Times:
Obama Responds to Criticism From Cheney — WASHINGTON — President Obama has hit back at former Vice President Dick Cheney, calling Bush administration policy on detainees at the military prison at Guantánamo Bay, Cuba, “unsustainable.” — “How many terrorists have actually …
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.
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.
Discussion:
Conservatives4Palin.com, PERRspectives, Think Progress, The Hill's Blog Briefing Room and D-Day
Ed Morrissey / Hot Air:
Cap-and-trade traded away? — George Stephanopolous reported yesterday that Senate Democrats forced Barack Obama to choose between two break-the-bank policies for this year. The White House apparently surrendered on cap-and-trade in order to get started on a massive overhaul of the nation's health-care delivery system.
Discussion:
NewsBusters.org
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Michael Wolff / Newser:
Barack Obama Is a Terrible Bore — Sheesh, the guy is Jimmy Carter. — That homespun bowling crap on Jay Leno, followed by the turgid, teachy fiscal policy lecture, together with the hurt defensiveness (and bad script for it) that everybody in Washington “is Simon Cowell …
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