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9:30 AM 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:
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 …
New York Times:
U.S. Rounding Up Investors to Buy Bad Assets  —  WASHINGTON — Obama administration officials worked Sunday to persuade reluctant private investors to buy as much as $1 trillion in troubled mortgages and related assets from banks, with government help.  —  The talks came a day before the …
Michelle Malkin:
The David Copperfield School of Economic Recovery, Pt. II  —  Now what?  —  Last week, the Obama administration brought us a $1 trillion Federal Reserve magic trick hatched by the David Copperfield School of Economic Recovery — printing up a trillion buck and “pumping it into the U.S. economy” …
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, which could touch off “an even more destructive recession and potentially depression.”
RELATED:
Howard Kurtz / Washington Post:
Man of the Hour  —  With Steve Kroft as Lead Correspondent, ‘60 Minutes’ Is Ticking Right Along  —  On the night of the Emmys last fall, when one of his stories was up for an award and his tuxedo-clad colleagues were leaving for the ceremony, Steve Kroft stayed at the office until 1 a.m. …
Discussion: Hot Air and Romenesko
Philip Elliott / Associated Press:
Obama: Anger isn't governing strategy
Discussion: Reuters and The Politico
Martin Crutsinger / Associated Press:   Geithner to unveil plan to combat banking crisis
Gateway Pundit:
Obama Upsets Sarkozy With Letter to Jacques Chirac  —  In his latest faux pas Obama managed to pi$$ off France...  President Obama wrote Jacques Chirac saying he was looking forward to working with the former French president in the coming four years(?)  —  Monsters and Critics reported:
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 …
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: Firedoglake
The Politico:
GOP licks chops over Dem stumbles  —  Featured Topics: - Barack Obama - Presidential Transition  —  Three days after Barack Obama became president, Senate Minority Leader Mitch McConnell made a prediction: Democrats would make big mistakes that would play into the Republicans' hands going into the 2010 midterm elections.
Discussion: Associated Press
RELATED:
Philip Elliott / Associated Press:
Obama links budget to environment
Discussion: Boston Globe, Time and The Politico
Philip Elliott / Associated Press:
GOP predicts doomsday if Obama budget passed
Discussion: Reuters, MyDD and But As For Me
Ben Hoyle / Times of London:
Nicholas Hughes, Sylvia Plath's son commits suicide  —  The son of the poets Ted Hughes and Sylvia Plath has taken his own life, 46 years after his mother gassed herself while he slept.  —  Nicholas Hughes hanged himself at his home in Alaska after battling against depression for some time, his sister Frieda said yesterday.
Discussion: Guardian and Gawker
Glenn Greenwald / Salon:
Various matters  —  (updated below)  —  (1) The New York Times Public Editor, Clark Hoyt, has a column today on a topic I've written about more times than I can count: that the NYT routinely grants anonymity without any justification whatsoever and, more notably, does so in flagrant violation of its own policy on anonymous sources.
Discussion: Crooked Timber and Israel Matzav
RELATED:
Fredric U. Dicker / New York Post:
GOV PLOTS SECRET TAX HIKE ON RICH  —  GOV. PATERSON and legislative Democrats have secretly agreed on an $8 billion, two- year tax hike on individuals making more than $500,000 a year that will “sunset” around the time he plans to run for election in 2010, legislative sources told The Post.
Discussion: JammieWearingFool
Roger Cohen / New York Times:
From Tehran to Tel Aviv  —  With his bold message to Iran's leaders, President Obama achieved four things essential to any rapprochement.  —  He abandoned regime change as an American goal.  He shelved the so-called military option.  He buried a carrot-and-sticks approach viewed with contempt by Iranians as fit only for donkeys.
Discussion: Israel Matzav and TPMCafe
Guardian:
US will appoint ‘Afghan PM’ to bypass Hamid Karzai  —  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 …
Helene Cooper / New York Times:
Obama Says a Way Out of Afghanistan Is Needed  —  WASHINGTON — The United States must look for a way out of the war in Afghanistan, President Obama said, in a signal that the military build-up in Afghanistan will not be open-ended and will lead to the eventual withdrawal of American and NATO troops from the country.
RELATED:
Frank Jack Daniel / Reuters:   Venezuela's Chavez calls Obama “ignoramus”
 
 
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 More Items: 
E.J. Dionne Jr / Washington Post:
President Obama Fighting the Politics of Evasion
Discussion: Prairie Weather
Felix Salmon / Portfolio:
Revolution in the Air  —  It's getting impossible to keep …
Randal C. Archibold / New York Times:
Drug Cartel Violence Spills Into U.S. From Mexico
Bill Carter / New York Times:
Matthews Renews Contract at MSNBC
Discussion: The Huffington Post and Gawker
Alex Knapp / Outside The Beltway | OTB:
Tea Parties, Going Galt, Iraq, and Delicious Irony
Josh Gerstein / The Politico:
Econ board has yet to meet publicly
Discussion: Hot Air
Lise Olsen / Houston Chronicle:
Lawyers' late filings can be deadly for inmates
Discussion: Off the Kuff and On Deadline
Warren Richey / Christian Science Monitor:
Was 'Hillary: The Movie" wrongly censored?
 Earlier Items: 
Erica Werner / Associated Press:
Questions surround health IT money
Herb Keinon / Jerusalem Post:
‘We must recapture rocket-launch zones’
Discussion: Israel Matzav
Jim Abrams / Associated Press:
IRS defends drop in audits of millionaires
 

 
From Techmeme:

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

Mark Gurman / Bloomberg:
Sources: Apple is testing a more conversational version of Siri, dubbed “LLM Siri”, with plans to release it in spring 2026 as part of iOS 19 and macOS 16

The Information:
Sources: OpenAI considered making a browser, discussed deals to power AI features on Samsung devices and search on sites and apps from Condé Nast and others

 
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