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10:25 PM ET, March 21, 2009

memeorandum

 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 …
Discussion: TPMCafe and Corrente
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.
RELATED:
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 …
Discussion: The Politico and Associated Press
Binyamin Appelbaum / Washington Post:
Bankers Press Case Against Punitive Tax
Discussion: AMERICAblog News
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 …
RELATED:
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
Jonn Lilyea / This ain't Hell …:
ANSWER March on the Pentagon  —  Since the sixth anniversary of the beginning of the Iraq War was the other day, ANSWER and it's assorted affiliates of beggars, drama queens and ne'er-do-wells picked today out of the air to hold their March on the Pentagon.  —  So here's the photos  —  Me either;
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 …
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...
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?
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 …
RELATED:
Juan A. Lozano / Associated Press:
Double jeopardy in before US Supreme Court
Discussion: But As For Me
Chris Mooney / Washington Post:
Climate Change's 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 …
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.
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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 More Items: 
RTO Trainer / pw:
They Came for the AIG Bonuses, but I was not an AIG Employee...
San Francisco Chronicle:
Obama plans huge pledge drive for his policies
Discussion: But As For Me and CBS News
Michael Wolff / Newser:
Barack Obama Is a Terrible Bore
Discussion: Commentary and Pajamas Media
Peter Slevin / Washington Post:
Decision on Minnesota Senate Seat Goes to Panel of Judges
Nafeesa Syeed / Associated Press:
Protests in Washington, Calif. call for war's end
Lolita C. Baldor / Associated Press:
Obama criticizes some Guantanamo release decisions
Discussion: The Politico and JammieWearingFool
 Earlier Items: 
Associated Press:
Sen. Dodd in the hot seat over 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
Park Chan-Kyong / Agence France Presse:
North Korea confirms two Americans detained
Discussion: Hot Air
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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