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 …
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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 …
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.
Yves Smith / naked capitalism:
Private Public Partnership Details Emerging
Private Public Partnership Details Emerging
Discussion:
Paul Krugman, Zero Hedge, The League of Ordinary …, QandO, The Moderate Voice, D-Day, Taylor Marsh and Obsidian Wings
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 …
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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
Ali Akbar Dareini / Associated Press:
Iran's supreme leader dismisses Obama overtures
Iran's supreme leader dismisses Obama overtures
Discussion:
TigerHawk, Weekly Standard, Newshoggers.com, On Deadline, Jihad Watch, Dohiyi Mir and DISSENTING JUSTICE
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!
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 …
Discussion:
Wall Street Journal, The Corner, The Moderate Voice, Salon, D-Day, The Swamp, TalkLeft, Connecting.the.Dots, Prairie Weather, Pundit & Pundette, Commentary, Dean's World, Corrente and Bloomberg
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Binyamin Appelbaum / Washington Post:
Bankers Press Case Against Punitive Tax
Bankers Press Case Against Punitive Tax
Discussion:
AMERICAblog News
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
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...
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
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?
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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Chris Mooney / Washington Post:
Climate Change Myths and Facts — A recent controversy over claims about climate science by Post op-ed columnist George F. Will raises a critical question: Can we ever know, on any contentious or politicized topic, how to recognize the real conclusions of science and how to distinguish …
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.
Susan Haigh / Associated Press:
Dodd's stock with voters began dropping before AIG — HARTFORD, Conn. - Howard Rosenblatt voted for U.S. Sen. Christopher Dodd five years ago. He won't do that again. — “It's time for Chris to resign,” said the 62-year-old owner of Rosenblatt's department store in Naugatuck, Conn., a working-class borough of more than 30,000.