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10:10 PM ET, March 22, 2009

memeorandum

 Top Items: 
Craig Gordon / The Politico:
Kroft to Obama: Are you punch-drunk?  —  President Barack Obama said he believes the global financial system remains at risk of implosion with the failure of Citigroup or AIG, touching off “an even more destructive recession and potentially depression.”  —  His remarks came in a “60 Minutes” …
RELATED:
Most Accounts / The Politico:
60 Minutes transcript  —  Featured Topics: - Barack Obama - Presidential Transition  —  Steve Kroft Michael Radutzky Frank Devine  —  AFTER CAMPAIGNING IN CALIFORNIA TO DRUM UP SUPPORT FOR HIS THREE POINT SIX TRILLION DOLLAR BUDGET, THE PRESIDENT SAT DOWN WITH US IN THE OVAL OFFICE …
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:
John / Power Line:
ARE WE GOING BANKRUPT?  —  Senator Judd Gregg says that Barack Obama's budget will drive the United States into bankruptcy.  That's a plausible claim.  So, what public needs are so urgent that they are worth risking financial collapse for?  The London Times itemizes some of the earmarks …
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.
Newsweek:
Coming Soon: Declassified Bush-Era Torture Memos  —  From the magazine issue dated Mar 30, 2009  —  Over objections from the U.S. intelligence community, the White House is moving to declassify—and publicly release—three internal memos that will lay out, for the first time, details of the …
RELATED:
John Kass / Chicago Tribune:
Chicago Way extension runs right through D.C.  —  President Barack Obama must not have had his Hopium before appearing on “The Tonight Show” last week, because he really screwed up.  —  No, not the screw-up in which he abandoned his trusty teleprompter to ad-lib a joke about how he's such a lousy bowler …
Discussion: But As For Me
Thomas L. Friedman / New York Times:
Are We Home Alone?  —  I ran into an Indian businessman friend last week and he said something to me that really struck a chord: “This is the first time I've ever visited the United States when I feel like you're acting like an immature democracy.”  —  You know what he meant …
Discussion: Balloon Juice, QandO and Don Surber
Myglesias / Matthew Yglesias:
Airstrikes in Pakistan  —  If you want something a bit under the radar to worry about, consider Greg Miller's LA Times article on the increasing use of airstrikes in Pakistan against alleged al-Qaeda targets.  —  I can't imagine that an American president ever would or should completely disavow the right to launch this sort of attack.
RELATED:
Greg Miller / Los Angeles Times:
U.S. missile strikes take heavy toll on Al Qaeda, officials say
Frank Jack Daniel / Reuters:
Venezuela's Chavez calls Obama “ignoramus”  —  CARACAS (Reuters) - Venezuela's President Hugo Chavez said on Sunday his U.S. counterpart Barack Obama was at best an “ignoramus” for saying the socialist leader exported terrorism and obstructed progress in Latin America.
Carol Marin / Chicago Sun Times:
Parking meter rate hike sparks a rebellion  —  I spent last week staring at parking meters.  And wondering if I was witnessing the beginnings of a boycott.  —  Boycott is probably too strong a term.  Quiet rebellion may be more like it.  —  Whatever the word, on Wednesday at 10:30 a.m …
Darleen Click / protein wisdom:
A man and his dog  —  Governor Mark Sanford interprets Obama's intent in the real world. … Yes, Gov. Sanford, you're starting to get the message.  No matter how reasonable your argument, no matter how rational your reasons for not dropping to your knees in genuflection for the money Obama wants …
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.
Helen Eckinger / Orlando Sentinel:
Orlando ‘Tea Party’ rally draws more than 4,000  —  Valerie Rike, 52, (left) with sister Christy Bishop, 59, attend the ‘Orlando Tea Party,’ a conservative rally Saturday at Lake Eola, downtown Orlando.  (Helen Eckinger, Orlando Sentinel / March 21, 2009)  —  Singer Lloyd Marcus told …
Paul Krugman:
Brad DeLong's defense of Geithner  —  Brad gives it the old college try.  But he shies away, I think, from the central issue: the non-recourse loans financing 85 percent of the purchases.  —  Brad treats the prospect that assets purchased by public-private partnership will fall enough in value to wipe out the equity as unlikely.
Fareed Zakaria / Newsweek:
The Trouble With Subsidies  —  From the magazine issue dated Mar 30, 2009  —  I'm certainly not going to defend those AIG bonuses.  But the trouble with populist outrage is that it bubbles over, sweeping from one justifiable issue across to many others.  Waves of populism are now working …
Discussion: But As For Me
Jamison Foser / Media Matters for America:
AP quotes “labor lawyer” who is really an anti-labor lawyer  —  Earlier, I noted that the Washington Post failed to quote a single labor representative in its Employee Free Choice article today, though it quoted three CEOs.  Turns out the AP is even worse.  This article doesn't quote any labor sources …
Tabassum Zakaria -Analysis / Reuters:
Resistance grows to Obama's bigger government  —  WASHINGTON (Reuters) - A public furor over big bonuses paid by firms bailed out with U.S. taxpayer money is fueling resistance to President Barack Obama's ambitious plans to extend government intervention in the U.S. private sector.
Discussion: Brendan Nyhan
Associated Press:
VP adviser: AIG bonus tax may go too far  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Vice President Joe Biden's economic adviser warned Sunday that a congressional plan to tax American International Group Inc. executives' bonuses may go too far in using the tax code as a tool for retribution.
RELATED:
Kenneth P. Vogel / The Politico:   Frank: Uncle Sam should sue AIG
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
 
 
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 More Items: 
Gordon Brown / Guardian:
We are about to take the war against terror to a new level
Discussion: Samizdata.net
Elizabeth Hester / Bloomberg:
Citigroup, Bank of America, JPMorgan Criticize Limits
Tim Shipman / Tim Shipman's blog listings:
Tongue-tied Barack Obama is turning into Jimmy Carter
Kevin Drum / MoJo Blog Posts:
Valuing the Toxic Waste
Kenneth P. Vogel / The Politico:
VIDEO: Shelby: Geithner 'won't last'
Discussion: Hot Air
 Earlier Items: 
Liz Sidoti / Associated Press:
NY election seen as referendum on stimulus
Discussion: But As For Me and Reuters
Jonathan B. Cox / Raleigh News & Observer:
Pork fried at Capitol protest
Stella M.Hopkins / McClatchy Washington Bureau:
BofA's insider loans zoomed in 2008, but no one will say why
Discussion: Matthew Yglesias
Bill O'Reilly / Boston Herald:
Coming soon to a lefty rag near you
Discussion: NewsBusters.org and Think Progress
Andrew Martin / New York Times:
Is a Food Revolution Now in Season?
Discussion: Crunchy Con
Scott / Power Line:
WHY I AM DEPRESSED  —  Victor Davis Hanson asks why so many Americans are depressed.
 

 
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

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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