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 …
Discussion:
Los Angeles Times, Matthew Yglesias, Reuters, pw, McClatchy Washington Bureau, The Moderate Voice, Pajamas Media, NO QUARTER, The Anonymous Liberal, Hot Air, The Strata-Sphere, The Mahablog, Buck Naked Politics, Philly.com, Bloomberg, Sister Toldjah, D-Day, TPMDC, The Raw Story, The Note, Stop The ACLU, Sweetness & Light, Neptunus Lex, Right Wing News, MoJo Blog Posts, Angry Bear, Fausta's Blog and Washington Monthly
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Alexander Bolton / The Hill:
House bonus bill is buried by the Senate — President Obama and Senate Democrats have buried a bill passed last week by the House that would have heavily taxed executive bonuses at bailed-out firms. — Despite the public outcry over $165 million in bonuses awarded at troubled insurer AIG …
Chairman Ben S. Bernanke / Board of Governors …:
Testimony — American International Group — Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. — Chairman Frank, Ranking Member Bachus, and other members of the Committee, I appreciate having this opportunity to discuss the Federal Reserve's involvement …
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 …
RELATED:
Charles Homans / Washington Monthly:
Culture Shock — What happened when one conservative Web site ventured outside the movement bubble. — Last May, Conor Friedersdorf, a twenty-eight-year-old recent graduate of NYU's Journalism School, decided he was going to save conservative journalism.
Jeffrey M. Jones / Gallup:
AIG, Congress, Geithner Target of Bonus Backlash — No consensus on best way to recover bonus money — USA - Credit Crisis - Financial Services - Government and Politics - Americas - Northern America — PRINCETON, NJ — For the most part, the central players in the AIG bonus controversy …
Discussion:
The Plum Line, The Politico, Daily Kos, Taegan Goddard's …, TPMDC, The Hill's Blog Briefing Room, Real Clear Politics and CBS News
RELATED:
Barack Obama / The Huffington Post:
Obama's Global Op-Ed: “A Time For Global Action” — More than 30 papers around the world ran an op-ed today by President Obama arguing for “the urgent need for global economic cooperation.” — According to the White House, the op-ed ran in the following papers: — 1. Al Watan (Gulf States)
RELATED:
Suzanne Malveaux / CNN:
Insiders: Geithner to seek unprecedented powers — WASHINGTON (CNN) — Treasury Secretary Tim Geithner will push for unprecedented new regulatory powers on Tuesday to seize financial institutions whose failure would pose serious risks to the U.S. financial system, according to two senior administration officials.
Discussion:
Corrente
RELATED:
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.
CNN:
Pro-life group calls on Notre Dame to rescind Obama invite — (CNN) — The National Right to Life Committee is calling on the University of Notre Dame to rescind its invitation to President Obama to speak at the university's May commencement. — In a letter sent to Notre Dame's president …
Discussion:
Washington Monthly
RELATED:
Adam Liptak / New York Times:
Strip-Search of Girl Tests Limit of School Policy — SAFFORD, Ariz. — Savana Redding still remembers the clothes she had on — black stretch pants with butterfly patches and a pink T-shirt — the day school officials here forced her to strip six years ago. She was 13 and in eighth grade.
Discussion:
JustOneMinute
CNBC:
Geithner Plan Will Rob US Taxpayers: Stiglitz — The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
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.
RELATED:
Wall Street Journal:
Will Obama Listen to Iran's Bloggers? — Barack Obama extended the olive branch to Iran's leaders last Friday in a videotaped message praising a “great civilization” for “accomplishments” that “have earned the respect of the United States and the world.” The death of Iranian blogger Omid-Reza Mirsayafi …
Dane Schiller / Houston Chronicle:
Border plants to be killed to reveal smugglers — The U.S. Border Patrol plans to poison the plant life along a 1.1-mile stretch of the Rio Grande riverbank as soon as Wednesday to get rid of the hiding places used by smugglers, robbers and illegal immigrants.
Paul Krugman:
Larry, Larry — From The Hill: … I'm fine with this. Larry is a first-rate economist with a job to do, and I wish him luck in it. He understands what I'm saying, of course, but he's doing his best to support the official line. — That line now goes like this: first …
Paul Farhi / Washington Post:
Consider This: NPR Achieves Record Ratings — At a time when newspapers, magazines and TV news continue to lose readers and viewers, at least one part of the traditional media has continued to grow robustly: National Public Radio. — The audience for NPR's daily news programs, including …
Ben Smith / The Politico:
Reines storm: Clinton conflict brews — Hillary Clinton's departure for the State Department was meant to end the era of Clinton drama, and to leave the turmoil of her campaign behind. But one former Clinton aide, now a senior adviser to Secretary Clinton, has brought at least some of that drama along with him.
Discussion:
Glenn Thrush's Blog, Anne Schroeder's Blog, Taylor Marsh, The Foundry and Ben Smith's Blog
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