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1:30 PM ET, March 23, 2009

memeorandum

 Top Items: 
Timothy Geithner / Wall Street Journal:
My Plan for Bad Bank Assets  —  The private sector will set prices.  Taxpayers will share in any upside.  —  The American economy and much of the world now face extraordinary challenges, and confronting these challenges will continue to require extraordinary actions.
RELATED:
United States - Department of The Treasury:
Treasury Department Releases Details on Public Private Partnership Investment Program  —  The Financial Stability Plan - Progress So Far: Over the past six weeks, the Treasury Department has implemented a series of initiatives as part of its Financial Stability Plan that …
Paul Krugman / New York Times:
Financial Policy Despair  —  Over the weekend The Times and other newspapers reported leaked details about the Obama administration's bank rescue plan, which is to be officially released this week.  If the reports are correct, Tim Geithner, the Treasury secretary, has persuaded President Obama …
John Heilemann / New York Magazine:
Inside Obama's Economic Brain Trust  —  It's not pretty at this moment.  —  Tim Geithner boarded the 6 a.m. US Airways shuttle to Washington last Wednesday at La Guardia, slid his rail-thin frame into seat 5C, then stared into the middle distance.  Geithner is invariably described as boyish …
Discussion: Clive Crook
Michelle Malkin:
The David Copperfield School of Economic Recovery, Pt. II
Jane Hamsher / Firedoglake:   Timothy Geithner: Making Countrywide Executives Rich Again
The Politico:
Geithner in the hot seat on toxic assets
Discussion: Associated Press
Amanda Terkel / Think Progress:
I Was Followed, Harassed, And Ambushed By Bill O'Reilly's Producer  —  On March 1, ThinkProgress picked up on a story by News Hounds, which noted that Fox News host Bill O'Reilly — who has made controversial comments about rape victims in the past — was slated to speak at a March 19 fundraiser for the Alexa Foundation.
Steve Benen / Washington Monthly:
HE'S NOT ‘PUNCH DRUNK’.... For a while, the lead story from Politico last night was the idea that President Obama chuckled a little too much during his interview with Steve Kroft on “60 Minutes.”  The headline on the piece read, “Kroft to Obama: Are you punch-drunk?”
RELATED:
Alex Knapp / Outside The Beltway | OTB:
Tea Parties, Going Galt, Iraq, and Delicious Irony  —  I've been following the growing “Tea Party” and “Going Galt” movements with no small amount of amusement, in part because there is really just too much sweet, delicious irony surrounding both of these groups of people (who, I might add, are largely the same people).
RELATED:
Andrew Sullivan / The Daily Dish:
The Brutal Truth  —  Alex Knapp: … My sense is that it is a delayed reaction in some ways to Bush, and his betrayal of conservatism.  For all sorts of reasons, most of the current tea-partiers backed the GOP under Bush and Cheney, although some, to be fair, did complain about some of it.
ABCNEWS:
JPMorgan Chase To Spend Millions on New Jets and Luxury Airport Hangar  —  Outraged Critics Decry the Proposal, Call For Bank To Abandon Plans  —  Embattled bank JPMorgan Chase, the recipient of $25 billion in TARP funds, is going ahead with a $138 million plan to buy two new luxury corporate jets and build …
Discussion: Gawker, PoliBlog and ProPublica
RELATED:
Michelle Malkin:   A question for the 85 CYA-on-AIG House Republicans
Stephanie Simon / Wall Street Journal:
Texas School Board Set to Vote on Challenge to Evolution  —  The Texas Board of Education will vote this week on a new science curriculum designed to challenge the guiding principle of evolution, a step that could influence what is taught in biology classes across the nation.
Discussion: MyDD
Ann Althouse / Althouse:
500 miles later, I'm back in Madison.  —  Did you understand the previous post?  If not, the answer — along with much congratulations and debate — appears in the comments, notably here.  Let there be no doubt about it: A blogger — Althouse — is engaged to be married to a man who began …
Discussion: THE MATERNAL OPTIMIST
Bill Carter / New York Times:
Matthews Renews Contract at MSNBC  —  Chris Matthews, the usually garrulous host of “Hardball” on MSNBC, has quietly signed a new long-term contract to remain with the cable network through the next election, signaling that he had quit entertaining any plans to run for a Senate seat.
Discussion: The Huffington Post and Gawker
Elizabeth Benjamin / The Daily Politics:
Schumer Comes Out For Gay Marriage (Updated)  —  At a private risotto dinner last night with gay leaders and elected officials at Gramercy Tavern last night, Sen. Chuck Schumer reversed himself on the issue of same-sex marriage, saying he not only now supports it but also backs a full reversal of the Defense of Marriage Act.
Mike McGraw / McClatchy Washington Bureau:
Stimulus?  U.S. to buy Chinese condoms, ending Alabama jobs  —  Call it a condom conundrum.  —  At a time when the federal government is spending billions of stimulus dollars to stem the tide of U.S. layoffs, should that same government put even more Americans out of work by buying cheaper foreign products?
Discussion: Reason
The Huffington Post:
Howard Dean To Become Regular CNBC Contributor  —  Former DNC Chair Howard Dean will become a regular contributor for the business news network CNBC, a source close to the former Vermont Governor confirms.  Dean started his new gig on Monday morning with a guest-hosting appearance on the station.
Guardian:
US to bypass Karzai with Afghan ‘PM’  —  White House plans new executive role to challenge corrupt government in Kabul  —  The US and its European allies are ­preparing to plant a high-profile figure in the heart of the Kabul government in a direct challenge to the Afghan president, Hamid Karzai, the Guardian has learned.
Josh Marshall / Talking Points Memo:
WOW, I NEEDED THAT  —  As part of their efforts to make the scale and scope of Bernie Madoff's crimes clear to Judge Denny Chin in deciding the terms of his plea, confinement and eventual sentencing, the folks at the US Attorney's Office for the Southern District of New York submitted emails …
Discussion: Reason
Sarah Lyall / New York Times:
Sweden Says No to Saving Saab, a National Icon  —  TROLLHATTAN, Sweden — Saab Automobile may be just another crisis-ridden car company in an industry full of them.  But just as the fortunes of Flint, Mich., are permanently entangled with General Motors, so it is impossible to find anyone …
Andrew Sullivan / Times of London:
Give Obama more time.  Then give him hell  —  The president has had only two months - harsh judgments are premature  —  The former New York City mayor Ed Koch was renowned for strolling about Manhattan when he was in office, grabbing strangers by the lapel and asking, “How am I doing?”
Discussion: The Daily Dish
Mark Landler / New York Times:
Trade Barriers Rise as Slump Tightens Grip  —  WASHINGTON — After repeated pledges by world leaders to avoid erecting trade barriers, protectionism is on the march, provoking nasty trade disputes and undermining efforts to plot a coordinated response to the deepest global economic downturn since World War II.
Discussion: Outside The Beltway and GretaWire
Ed Morrissey / Hot Air:
Winning friends internationally again; Update: The missing context of the Chirac letter  —  Remember when Democrats insisted that we needed a change in parties in order to restore our friendships with our allies, especially in Europe?  So far, they've done a bang-up job of it.
Discussion: BLACKFIVE
 
 
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 More Items: 
Agence France Presse:
US Senator urges Sri Lanka to protect civilians
Donna Bryson / Associated Press:
South Africa bars Dalai Lama from peace conference
Discussion: JONATHAN TURLEY
Greg Sargent / The Plum Line:
Law Professor Who Advised Obama Says House AIG Bill May Be Unconstitutional
Discussion: Talking Points Memo and Overruled
MLive.com:
Updated: Ann Arbor News to close in July
Discussion: Reason
Associated Press:
Court won't hear appeal by former Border Patrol
David Weigel / The Washington Independent:
Conservatives Size Up Sanford for 2012
Discussion: AmSpecBlog
Carla Marinucci / San Francisco Chronicle:
Predictions for Schwarzenegger's next big role
 Earlier Items: 
Tim Arango / New York Times:
As Rights Clash on YouTube, Some Music Vanishes
Discussion: Law Blog
Mary Pemberton / Associated Press:
Alaska volcano Mount Redoubt erupts 5 times
Andrew Breitbart / Washington Times:
Dreaming of President Petraeus and an American surge
E.J. Dionne Jr / Washington Post:
President Obama Fighting the Politics of Evasion
Ben Hoyle / Times of London:
Nicholas Hughes, Sylvia Plath's son commits suicide
Discussion: On Deadline and Gawker
 

 
From Mediagazer:

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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