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4:20 PM ET, March 22, 2009

memeorandum

 Top Items: 
Martina Stewart / CNN:
Gregg: ‘This country will go bankrupt’  —  WASHINGTON (CNN) - Even though he was almost a member of the new Obama administration, New Hampshire Republican Judd Gregg Sunday slammed President Obama's approach to handling the country's fiscal outlook.  —  “The practical implications …
RELATED:
Associated Press:
Sen. Gregg says Obama budget will bankrupt US  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - The top Republican on the Senate Budget Committee says the Obama administration is on the right course to save the nation's financial system.
Martin Crutsinger / Associated Press:
Treasury's toxic asset plan could cost $1 trillion  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - The Obama administration's latest attempt to tackle the banking crisis and get loans flowing to families and businesses rely on a new government entity …
RELATED:
Associated Press:
Top GOP senator losing confidence in Geithner
Discussion: Reuters and The Politico
Michael A. Fletcher / Washington Post:
Obama Backs Geithner Despite Vast Criticisms
Discussion: TalkLeft, Corrente and Commentary
Associated Press:   Biden pokes fun at his boss during Gridiron
RELATED:
Victor Davis Hanson / Pajamas Media:
Thoughts About Depressed Americans
Discussion: Blue Crab Boulevard
Jonathan Martin / The Politico:
Friendly fire: NYT hits Obama  —  The leading liberal voices of the New York Times editorial pages all criticized—and, in some cases, clobbered—President Obama on Sunday for his handling of the economy and national security.  —  It's not unusual for Barack Obama to take a little friendly fire from the Times.
Amanda Carpenter / Washington Times:
Retailers floating union compromise  —  Three major retail companies with a reputation for generous dealings with their employees and very little union involvement are floating compromise legislation that would make it easier for organized labor to unionize but preserve a workers' ability to decide using a secret ballot vote.
RELATED:
Ed Morrissey / Hot Air:
Retailers offer compromise on Card Check
Discussion: AmSpecBlog and But As For Me
Greg Miller / Los Angeles Times:
U.S. missile strikes take heavy toll on Al Qaeda, officials say  —  Predator drone attacks in northwest Pakistan have increased sharply since Bush last year stopped seeking Pakistan's permission.  Obama may keep pace as officials speak of confusion in Al Qaeda ranks.
Discussion: On Deadline
RELATED:
Myglesias / Matthew Yglesias:
Airstrikes in Pakistan  —  If you want something a bit under …
Discussion: Newshoggers.com
Washington Post:
A Conversation With David Kilcullen
Kenneth P. Vogel / The Politico:
Frank: Uncle Sam should sue AIG  —  In spite of recent signals of waning White House support for the bonus tax legislation working its way through Congress, Rep. Barney Frank (D-Mass.) on CBS's “Face the Nation” said his talks with the administration lead him to believe there is still support for the tax idea.
RELATED:
Kevin Drum / MoJo Blog Posts:
Valuing the Toxic Waste  —  The details of Tim Geithner's plan to buy up banks' toxic waste are still a little vague, but liberal reaction (Krugman, Baker, Smith) has mostly been pretty harsh regardless.  Their primary criticism is simple: banks aren't willing to sell their mortgage-backed assets …
RELATED:
Bill O'Reilly / Boston Herald:
Coming soon to a lefty rag near you  —  The other day, left-wing muckraker Seymour Hersh went on MSNBC and said he had information, provided by the usual anonymous sources, that Dick Cheney was running an assassination squad out of the White House.  —  I have but one simple observation …
Discussion: NewsBusters.org and Think Progress
Christopher Booker / Telegraph:
The ‘Global Warming Three’ are on thin ice  —  The only problem with a project to prove that Arctic ice is disappearing is the fact that it is actually getting thicker, says Christopher Booker.  —  What a wonderful parable of our time has been the expedition to the North Pole led by the explorer Pen Hadow.
Discussion: RedState, Redhot and Maggie's Farm
Ed Morrissey / Hot Air:
Obamateurism of the Day  —  This is a clip from a few days ago, and in this case, it's not so much what he says as the obvious fact that he got lost on his Teleprompter while saying it.  Watch President Obama look nervously left and right trying to find the thread of his remarks …
Newsweek:
Follow the Bailout Cash  —  From the magazine issue dated Mar 30, 2009  —  There was plenty of outrage on Capitol Hill last week over the executive bonuses paid out by AIG after getting federal bailout money.  But another money trail could make voters just as angry: the campaign dollars …
Stella M.Hopkins / McClatchy Washington Bureau:
BofA's insider loans zoomed in 2008, but no one will say why  —  CHARLOTTE, N.C. — Bank of America vaulted into the top 10 banks for insider lending last year with an increase of more than $358 million, much of it coming as credit markets froze and mounting financial calamity threatened the industry's survival.
Discussion: Matthew Yglesias
Kenneth P. Vogel / The Politico:
VIDEO: Shelby: Geithner 'won't last'  —  Sen. Richard Shelby (R-Ala.) told Wallace “a lot of people question” whether Geithner “is the man for the job.”  —  Citing Treasury's role in recommending the removal of a provision to block bonus payouts by TARP recipients, Shelby said “there's a lot of questions to be asked.
Discussion: Hot Air
 
 
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 More Items: 
Liz Sidoti / Associated Press:
NY election seen as referendum on stimulus
Discussion: But As For Me
Jonathan B. Cox / Raleigh News & Observer:
Pork fried at Capitol protest
Discussion: Firedoglake
 Earlier Items: 
Andrew Martin / New York Times:
Is a Food Revolution Now in Season?
Discussion: Crunchy Con
Ben Smith / The Politico:
Spitzer open to comeback
Andrew Sullivan / The Daily Dish:
Conservatism As Water  —  Via Dreher, Stewart Lundy talks …
Discussion: Balloon Juice
Anne Flaherty / Associated Press:
In Afghanistan, US military's ‘Help Wanted’ sign
Ye Xie / Bloomberg:
Dollar Declines Most Since 1985 Plaza Accord on Fed Bond Buying
Discussion: Gateway Pundit
Rhys Southan / Clusterstock:
Protest Bust: Lots Of Media, Just One Bus Of Protesters