Top Items:
Washington Post:
U.S. Seeks Expanded Power to Seize Firms — Goal Is to Limit Risk to Broader Economy — The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers …
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Monica Langley / Wall Street Journal:
Obama Dials Down Wall Street Criticism — WASHINGTON — The Obama administration, after months of criticizing Wall Street, has been scrambling to woo top bankers and financiers to back its latest bailout plan. — In recent days, in spite of public furor over huge bonuses paid …
Washington Post:
Senate Will Delay Action on Punitive Tax on Bonuses — Jarred by a cool reception from the White House and fears of unintended consequences across the financial world, Senate leaders are likely to delay until late next month legislation to punitively tax bonuses at banks and investment firms that receive federal aid.
Jackie Calmes / New York Times:Rescue Plan, With Some Fine Print, Dazzles Wall Street
Discussion:
Wall Street Journal, The Hill, The Note, Philly.com, Bloomberg, Washington Post, Los Angeles Times, Salon, USA Today, marbury, The New Republic and Gawker
Joe Dwinell / Boston Herald:
Poll of change: Obama's job approval slipping to ‘50-50’ — + Recent Articles + Recent Blog Entries + Email + Bio — The honeymoon is over, a national poll will signal tomorrow as President Obama's job approval stumbles to about 50 percent over the lack of improvement with the crippled economy.
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Jules Crittenden:
50-50 — Zogby poll due out in the morning will be reporting the Obama admin's latest grim milestone. As many people don't like him as do. Boston Herald: … Maybe, but the vast presidential gaffe repository Obama is amassing can't be helping. The guy's only been in 60-odd days and he's tripped more than Ford.
Jonathan Martin / The Politico:
Obama seeks filter-free news — At a time when his Washington honeymoon is turning into a hazing, President Barack Obama and his team are launched on a strategy to sail above the traditional White House press corps by reaching out to liberal commentators, local reporters and ethnic media.
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Megan Slack / The Huffington Post:Tammy Bruce Calls The Obamas “Trash In The White House”
Discussion:
Jack & Jill Politics, No More Mister Nice Blog, Multi Medium, MoJo Blog Posts and Oliver Willis
John / Power Line:
HOW WOULD HE PRONOUNCE “CASSIOPEIA”? — Everyone knows that Barack Obama is lost without his teleprompter, but his latest blunder, courtesy of the Milwaukee Journal Sentinel, via the Corner, suggests that the teleprompter may not be enough unless it includes phonetic spellings.
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Jamil Anderlini / Financial Times:
China calls for new reserve currency — China's central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund. — In an essay posted on the People's Bank of China's website, Zhou Xiaochuan …
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Molly K. Hooper / The Hill:
Go back into hiding, GOP begs Dick Cheney — Congressional Republicans are telling Dick Cheney to go back to his undisclosed location and leave them alone to rebuild the Republican Party without his input. — Displeased with the former vice-president's recent media appearances …
DealBook:
Cuomo Says Most Huge A.I.G. Bonuses Were Returned — Attorney General Andrew M. Cuomo of New York announced late Monday afternoon that 9 of the top 10 bonus recipients at the American International Group were giving back their bonuses. — He also said 15 of the largest 20 bonus recipients …
Discussion:
JustOneMinute, Los Angeles Times, New York Post, The New Republic, Gawker, TPMMuckraker, Gothamist, Salon, Liberal Values, Hot Air and Wonkette
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Eric Martin / Bloomberg:
Bank of America's Bernstein Says Sell Bank Stocks After Rally — Investors should sell bank stocks after they rallied 12 percent today because the Treasury Department's plan to buy toxic assets won't stop profits from dropping, Bank of America Corp.'s Richard Bernstein said.
Discussion:
NO QUARTER, CNBC, DISSENTING JUSTICE, Wall Street Journal, Riehl World View, CNNMoney.com and A Blog For All
McClatchy Washington Bureau:
Congress isn't feeling much heat from Obama's ‘army’ — WASHINGTON — President Barack Obama's army of canvassers fanned out across the nation over the weekend to drum up support for his $3.55 trillion budget, but they had no noticeable impact on members of Congress, who on Monday said they were largely unaware of the effort.
The Huffington Post:
Michele Bachmann: I Want People “Armed And Dangerous” Over Obama Tax Plan — Controversial Rep. Michele Bachmann (R-Minn.) said this weekend that she wants residents of her state “armed and dangerous” over President Barack Obama's plan to reduce global warming “because we need to fight back.”
Discussion:
TPMDC, Think Progress, Buck Naked Politics, American Power, First Draft, Firedoglake, Wonkette, PoliticalBase.com Blog and Riehl World View
RELATED:
Glenn Thrush / The Politico:Bachmann urges ‘armed’ climate revolt
Discussion:
Dump Michele Bachmann
DougJ / Balloon Juice:
Supporting the troops — I guess this is, sadly, not very surprising: … That same day: … No US ally has lost more troops in Afghanistan than Canada. — Update. I missed this part of the Globe and Mail piece the first time through: … I'm not the biggest fan of the HuffPost …
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Canadian Press
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Jessica Leeder / Globe and Mail:Fox News host apologizes to Canada - sort of
Discussion:
The Reaction
Amanda Terkel / Think Progress:
O'Reilly Attacks Me As A ‘Villain’ For Highlighting His Rape Comments — As promised, tonight, Fox News host Bill O'Reilly aired his segment alleging that ThinkProgress caused “pain and suffering” to rape victims. Our unspeakable offense was contained in a March 1 blog post …
Chris Kelly / The Huffington Post:
Townhall: Michelle Obama is a Bitch, Get It? — Burt Perlutsky was a TV writer a long time ago. Then he aged out of it and became a crank. This wasn't one of those major loses like Steinbeck. Now he writes a column for Townhall.com, the popular website owned by a Christian radio network.
Discussion:
Comments from Left Field
Barack Obama / Chicago Tribune:
A time for global action — WASHINGTON — We are living through a time of global economic challenges that cannot be met by half measures or the isolated efforts of any nation. Now, the leaders of the G-20 have a responsibility to take bold, comprehensive and coordinated action …
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