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4:25 AM ET, March 21, 2009

memeorandum

 Top Items: 
The Campaign Spot:
Palin Hits Obama on ‘Special Olympics’ Joke  —  Gov. Sarah Palin responded to remarks made last night by President Obama related to the Special Olympics on “The Tonight Show with Jay Leno”: … Well, after the way his allies went after her, he really couldn't count on a full-throated defense of a boneheaded comment.
RELATED:
Sam Gill / The Politico:
How Obama can make up for his gaffe  —  Featured Topics: - Barack Obama - Presidential Transition  —  My older brother has Down syndrome, which hinders his ability to learn.  Despite his disability, he graduated from high school and lived independently with a job for several years until …
David Zurawik / Z on TV:
Nielsen: Obama visit a big boost for Leno ratings
Discussion: Top of the Ticket
New York Times:
Toxic Asset Plan Foresees Big Subsidies for Investors  —  WASHINGTON — The Treasury Department is expected to unveil early next week its long-delayed plan to buy as much as $1 trillion in troubled mortgages and related assets from financial institutions, according to people close to the talks.
RELATED:
Martin Crutsinger / Associated Press:
Toxic asset plan expected to be unveiled soon  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Treasury Secretary Timothy Geithner is putting the finishing touches on a plan to get toxic assets off the books of the country's struggling banks, according to administration and industry officials.
Josh Gerstein / The Politico:
How I botched the bonus story  —  Featured Topics: - Barack Obama - Presidential Transition  —  The Washington ritual of the boiling scandal, with howls of outrage and frantic demands for a high-ranking scalp, is now in full swing over $165 million in bonuses for employees at failed insurance giant AIG.
Discussion: The Politico and Associated Press
Mike Allen / The Politico:   Treasury to roll out toxic asset plan
Sara Just / The Note:   Democratic Senators Tepid on Geithner Support
Andrew Taylor / Associated Press:
Obama budget could bring $9.3 trillion in deficits  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.
RELATED:
The Politico:   Palin whacks Obama on Special Olympics Politico - 45 minutes ago
John / Power Line:
ARE WE A BANANA REPUBLIC?  —  I'm stupefied to find that some people are defending the constitutionality of Nancy Pelosi's discriminatory, confiscatory and retroactive tax on people who receive bonus income from companies that got TARP money.  I would have considered it a bright line rule …
Discussion: Wizbang and The Corner
Amos Harel / Haaretz:
‘Shooting and crying’  —  Less than a month after the end of Operation Cast Lead in the Gaza Strip, dozens of graduates of the Yitzhak Rabin pre-military preparatory program convened at Oranim Academic College in Kiryat Tivon.  Since 1998 the program has prepared participants for what is considered meaningful military service.
RELATED:
Uri Blau / Haaretz:
Dead Palestinian babies and bombed mosques - IDF fashion 2009  —  The office at the Adiv fabric-printing shop in south Tel Aviv handles a constant stream of customers, many of them soldiers in uniform, who come to order custom clothing featuring their unit's insignia, usually accompanied by a slogan and drawing of their choosing.
Discussion: The Daily Dish
Adam Serwer / American Prospect:
THIS FEED IS CLOSED TO THE PRESS.  —  Huh, I wonder why Jake Tapper, press access warrior, has blocked me from following his Twitter feed.  —  Time for a blogger ethics panel?  —  UPDATE: Tapper has also blocked Talking Points Memo.  —  Bonus Tapper: His exchange with White House Press …
RELATED:
David M. Herszenhorn / New York Times:
Obama Uneasy About Tax on Bonuses  —  WASHINGTON — The White House stopped short on Friday of endorsing legislation to severely tax bonuses paid to executives of companies that accepted taxpayer bailout funds.  —  Administration officials said instead that President Obama would assess …
Discussion: DISSENTING JUSTICE
RELATED:
Felix Gillette / New York Observer:
MSNBC In Discussions with Ed Schultz  —  The Observer has learned that MSNBC president Phil Griffin is in discussions with syndicated talk radio host Ed Schultz about possibly joining the network on a full-time basis.  It is unclear what exactly the job would entail should Mr. Schultz and MSNBC come to an agreement.
Matt Taibbi / Rolling Stone:
The Big Takeover  —  The global economic crisis isn't about money - it's about power.  How Wall Street insiders are using the bailout to stage a revolution  —  It's over — we're officially, royally f**ked. no empire can survive being rendered a permanent laughingstock …
RELATED:
David Reilly / Bloomberg:
JPMorgan Might Lose Dimon to a Geithner Flameout: David Reilly
Discussion: Portfolio and Matthew Yglesias
David Kurtz / Talking Points Memo:
WITCH HUNTERY!  —  A great exchange on CNBC between the anchor and Rep. Brad Sherman (D-CA), one of the few elected voices of reason during the financial crisis:
Discussion: Obsidian Wings
Portfolio:
CNN's March Ratings So Far: More Lamb than Lion  —  More evidence that CNN is going to have to find a new strategy fast or risk becoming a cable news also-ran: In the month of March so far, the Time Warner-owned network has come in fourth place in prime time among adults 25 to 54 …
Discussion: Gawker, Media Blog and Don Surber
The Politico:
Battle lines drawn on health care  —  Featured Topics: - Barack Obama - Presidential Transition  —  As health care reform moves from conceptual talks to detailed negotiations, what had been a conciliatory tone is turning more confrontational.  —  The emerging fault line betwen the parties …
Discussion: Associated Press
RELATED:
Washington Post:
GOP Pressed on Health Care
Tom Grace / The Daily Star, Oneonta, NY:
Tedisco: I'm focused on local interests  —  ONEONTA _ Political commentators may see the 20th Congressional District race as a contest of national consequence, but Republican James Tedisco, 58, is focused closer to home.  —  “Rush Limbaugh is meaningless to me,” Tedisco told the editorial board of The Daily Star on Thursday.
RELATED:
The Huffington Post:
GOP Candidate Tedisco: “Rush Limbaugh Is Meaningless To Me” [UPDATED]
Washington Times:
Conyers suggests probe of ACORN  —  Calls fraud charges ‘serious’  —  In an startling partisan shift, House Judiciary Committee Chairman John Conyers Jr. on Thursday proposed holding hearings on claims the liberal activist group ACORN engaged in a pattern of crimes ranging from voter fraud to a mob-style “protection” racket.
Discussion: AmSpecBlog and Hot Air
Randolph E. Schmid / Associated Press:
Post office looks for new ways to cut losses  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - The U.S. Postal Service has already suggested dropping a day of mail delivery to save money.  Now, with economic gloom everywhere, it's turning to early retirements, management cutbacks and office closings.
Ben Armbruster / Think Progress:
Fox News's Brit Hume Warns That Because Of Blogs, Future News Will Be ‘More Partisan’  —  Fox News's Brit Hume Warns That Because Of Blogs, Future News Will Be ‘More Partisan’  —  Last night, the conservative Media Research Center, which houses the ever on point NewsBusters blog …
Financial Times:
McCain speaks up for Geithner  —  Tim Geithner, the embattled US Treasury secretary, should be given a chance to succeed, says John McCain, the former presidential candidate, who is the first prominent Republican to speak up in Mr Geithner's defence amid growing calls for his resignation.
Discussion: Hot Air
 
 
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 More Items: 
Howard Schneider / Washington Post:
Israeli Coalition Appears Fated to Clash With U.S.
Discussion: Power Line, Mondoweiss and Salon
Josh Kraushaar / The Politico:
RNC outraises DNC
Discussion: Hot Air and But As For Me
Ezra Klein / American Prospect:
ARE ANN ALTHOUSE'S COMMENTERS ANTI-SEMITES?
Discussion: Althouse and protein wisdom
Sam Hananel / Associated Press:
Companies looking at options on card check
Joan Lowy / Associated Press:
Canada: US will ground helicopters
The Huffington Post:
Snowe To Dems: Grow A Pair
Discussion: Daily Kos and The Huffington Post
Associated Press:
Senate Republicans brake rush to tax AIG bonuses
Discussion: MSNBC, Bloomberg and Hot Air
 Earlier Items: 
CNN:
Joe the Plumber tells conservatives he's ‘horny’
Discussion: Crooks and Liars
Deborah Summers / Guardian:
George Galloway banned from Canada
Discussion: Corrente and Atlas Shrugs
CNN:
Spitzer: I failed in a very important way
Discussion: CBS News
Sasha Issenberg / Boston Globe:
Democrat outside looking in
Discussion: MSNBC and Newsweek Blogs