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1:55 PM ET, March 24, 2009

memeorandum

 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 …
RELATED:
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 …
Chris Cillizza / The Fix:
White House Cheat Sheet: Obama In Primetime
Discussion: MSNBC
Monica Langley / Wall Street Journal:
Obama Dials Down Wall Street Criticism
Josh Marshall / Talking Points Memo:
MUST READ  —  There's an eye-opening, perhaps eye-popping …
Discussion: TPMDC and The Politico
Yves Smith / naked capitalism:
Treasury to Seek Power to Seize Non Banks (Trojan Horse Alert)
Discussion: The Daily Dish and Pajamas Media
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:
The Hill:
Go back into hiding, GOP begs Dick Cheney
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 …
RELATED:
Mike Allen / The Politico:
Reporters war-game Obama questions
Discussion: Balloon Juice
Mark Silva / The Swamp:
Obama's news conference: Going ‘at it’
Nate Silver / FiveThirtyEight:
The Worst Pollster in the World Strikes Again  —  Dirty little secret: I sometimes write material in the late evening that will be posted the following morning.  This is one of those instances.  The early word, however, is that a Zogby poll to be released today will show Barack Obama's presidential approval numbers at around 50-50.
Discussion: Balloon Juice and Oliver Willis
RELATED:
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.
RELATED:
Anne Applebaum / Washington Post:
The Russia Reset Button Doesn't Work  —  “Press the reset button.”  Is there any phrase more enticing in the modern lexicon?  We all know what it means: Press the reset button, watch your computer reboot, and presto!  A nice, clean screen appears, and you start again from scratch.
Discussion: Outside The Beltway and Commentary
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
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:
Wall Street Journal:   Obama Gets Their Irish Up
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.
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.
Discussion: TalkLeft and LewRockwell.com Blog
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:
Barack Obama / Baltimore Sun:
A time for global action  —  Obama, in his own words, on ‘the mess that we all face’
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 …
Discussion: Israel Matzav and Betsy's Page
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:
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 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 …
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 …
 
 
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 More Items: 
Glenn Greenwald / Salon:
A major difference between conservatives and progressives
Al Kamen / Washington Post:
The End of the Global War on Terror
Discussion: Weekly Standard and Newsweek Blogs
Tyler Cowen / Marginal Revolution:
Wars, Guns, and Votes
Discussion: Portfolio and Democracy in America
Jen DiMascio / The Politico:
Napolitano announces border plan
Discussion: The Swamp
Chris Good / The Atlantic Politics Channel:
Gore Looks to Rally Action with New Book
Discussion: Think Progress
Wayne Slater / Dallas Morning News:
Perry, Hutchison tangle over governor's rejection of part of stimulus package
Discussion: ProPublica
Benjamin Sarlin / Blogs and Stories:
Don't Fear the Swedish Model
Discussion: Matthew Yglesias
Lyle Denniston / SCOTUSblog:
Analysis: Campaign films may get OK
Discussion: Althouse and ACSBlog
 Earlier Items: 
Spencer Ackerman / The Washington Independent:
Ex-CIA Official Joins Senate Foreign Relations Committee Staff
Foon Rhee / Boston Globe:
Obama's aunt back in Boston for deportation hearing
Discussion: Ben Smith's Blog
Richard Cohen / Washington Post:
Obama and Pelosi - With Friends Like These...
Myglesias / Matthew Yglesias:
Build Transit Where It's Most Needed: In the Core
Discussion: The Bellows
George F. Will / Washington Post:
The Toxic Assets We Elected
Discussion: Commentary and Blue Crab Boulevard
Amanda Carpenter / Washington Times:
House GOP obtains e-mails from Countrywide's VIP loan program
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Manish Singh / TechCrunch:
India issues a notice to Wikipedia over bias concerns, questioning if it should be classified as a publisher, after judges called its open editing “dangerous”

 
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