Top Items:
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 …
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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.
Discussion:
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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 …
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The New Republic, TBogg, Matthew Yglesias, Wall Street Journal, The Hill's Blog Briefing Room, MoJo Blog Posts, Washington Monthly, Hullabaloo, Firedoglake, BuzzFlash.org, Washington Post, Democratic Strategist, Guardian, Achenblog, The Campaign Spot, McClatchy Washington Bureau, The Reaction, Lance Mannion, The Politico, TalkLeft, QandO, The Mahablog, Vox Popoli, Swampland, Think Progress and Truthdig
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 …
Simon Johnson / The Baseline Scenario: Breaking The Bank — My problem with Monday's expected announcement …
Jane Hamsher / Firedoglake:
Timothy Geithner: Making Countrywide Executives Rich Again
Timothy Geithner: Making Countrywide Executives Rich Again
Discussion:
Corrente
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?”
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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. …
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).
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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 …
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Jorr / Christian Science Monitor:
Obama writes letter to Chirac - blogosphere goes crazy — Want to know how quickly rumors get spread on the Internet? Here's a prime example. — The right side of the web is apoplectic this morning claiming that President Obama doesn't know who the French president is.
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Don Surber
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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
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
Steve Kornacki / Politicker NY:
Obama Sells Out a Friend From Connecticut — The thought has surely crossed Chris Dodd's mind more than once these past few days: is this how Barack Obama treats his friends? — When word spread a week ago that A.I.G. had used $165 million in federal bailout money to lavish bonuses …
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.
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.
Discussion:
The New Republic, Think Progress, Washington Monthly, Michael Calderone's Blog and Salon
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
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.
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?”
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
Associated Press:
Unexpected Jump in Home Sales in February — Sales of existing homes rose from January to February in an unexpected lift for the slumping housing market as buyers took advantage of deep discounts on foreclosures. — The National Association of Realtors said Monday that sales …
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.