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1:30 PM ET, March 26, 2009

memeorandum

 Top Items: 
Sheryl Gay Stolberg / The Caucus:
Obama's Interactive Town Hall Meeting  —  President Obama is trying to talk directly to the American people these days, making the case for his ambitious agenda in forums as varied as Jay Leno's late-night television show and a news conference on Tuesday.  Now Mr. Obama will have a chance …
RELATED:
John Ward Anderson / The Politico:
Pot-related questions deluge W.H.
Mark Silva / The Swamp:
Obama's online town hall: ‘Wisdom’
Dan Raviv / CBS News:
U.S. Accused Of Killing 39 In Sudan Strike  —  A government minister in Sudan is accusing the United States Air Force of killing dozens of people in that north African country this past January - but the semi-official American version of the story is very different.
RELATED:
Amos Harel / Haaretz:
ANALYSIS / In bombing Sudan, Israel sends message to Iran  —  As the final curtain comes down on the Olmert government, CBS reported a sensational air force bombing of an Iranian weapons convoy in Sudan.  If Olmert's critics claim that his main legacy is two wars - one failed (Lebanon) …
Haaretz:   IAF Sudan strike / Olmert: Israel will target threats near and far
Chicago Tribune:
Rahm Emanuel's profitable stint at mortgage giant  —  Short Freddie Mac stay made him at least $320,000  —  Before its portfolio of bad loans helped trigger the current housing crisis, mortgage giant Freddie Mac was the focus of a major accounting scandal that led to a management shake-up …
Steve Benen / Washington Monthly:
MICHAEL STEELE'S MASTER PLAN.... Republican National Committee Chairman Michael Steele went into a temporary, self-imposed exile recently, after a series of humiliating mistakes that put his job in jeopardy.  After insulting, annoying, and frustrating nearly every member of the party establishment …
RELATED:
New York Times:
Geithner Calls for Major Overhaul of Financial Rules  —  WASHINGTON — The Obama administration on Thursday detailed its wide-ranging plan to overhaul financial regulation by subjecting hedge funds and traders of exotic financial instruments, now among the biggest and most freewheeling players on Wall Street …
Discussion: Portfolio and Sunlight Foundation
RELATED:
Martin Crutsinger / Associated Press:
Sources: Extensive regulatory overhaul planned
Discussion: The Swamp and Sweetness & Light
Myglesias / Matthew Yglesias:
WSJ Says Bayh Wants to Shake Up Status Quo By Protecting Business Interests  —  Here's a curious report from The Wall Street Journal's Naftali Bendavid and Greg Hitt: … The presumption here being that over the past eight years, the political powerhouses in Washington were insufficiently solicitous …
Discussion: MyDD, Open Left and Wall Street Journal
RELATED:
Myglesias / Matthew Yglesias:
Bachmann Introducing Bill to Ban Use of Made-Up Global Currency  —  The madness continues as Michelle Bachmann introduces legislation that “would bar the dollar from being replaced by any foreign currency.”  —  What the Chinese were proposing, of course, was to replace the dollar as the world's reserve currency.
Wall Street Journal:
AIG Fights a Fire at Its Paris Unit  —  Executives' Resignations Put Billions in Contracts at Risk of Default  —  Amid the flap over bonuses at American International Group Inc. two of the company's top managers in Paris have resigned.  Their moves have left the giant insurer …
RELATED:
Jeffrey Sachs / Financial Times:
Obama's bank plan could rob the taxpayer  —  The Geithner-Summers plan, officially called the public/private investment programme, is a thinly veiled attempt to transfer up to hundreds of billions of dollars of US taxpayer funds to the commercial banks, by buying toxic assets from the banks at far above their market value.
Richard A. Epstein / Wall Street Journal:
Is the Bonus Tax Unconstitutional?  —  The Supreme Court defers too much to Congress.  —  Bills now winding their way through Congress would tax between 70% and 90% of bonuses paid to any executive earning in excess of $250,000, if he or she is employed by a business that received more than $5 billion from U.S. bailout funds.
Discussion: Reason and Betsy's Page
Nicholas D. Kristof / New York Times:
Learning How to Think  —  Ever wonder how financial experts could lead the world over the economic cliff?  —  One explanation is that so-called experts turn out to be, in many situations, a stunningly poor source of expertise.  There's evidence that what matters in making a sound forecast …
Andrew Sullivan / The Daily Dish:
The Odd Lies Of Sarah Palin: XXVII  —  She said she'd turned down some of the federal stimulus money: … No, she didn't say she did. … But she did: … But she didn't:
E.J. Dionne Jr / Washington Post:
Cutting Deficit Will Require Tax Increases  —  The debate on the budget is phony, the howling on deficits a charade.  Few politicians want to acknowledge that if you really are concerned about long-term deficits, you have to support tax increases.  —  That's why the most significant moment …
Josh Gerstein / The Politico:
Dems warn against first lady bill  —  House Republicans are pressing for a change in federal law that could force Michelle Obama and future first ladies to do more of their policy work in public.  But Democrats warn President Obama may take the attempt personally “as an attack on his wife.”
Rep. Barney Frank / The Huffington Post:
Why I Called Justice Scalia A Homophobe  —  While responding to questions from journalists about my characterization of Justice Antonin Scalia as a homophobe, I realized that the fact that I made that comment in conjunction with a potential lawsuit about the Defense of Marriage Act created …
Discussion: DownWithTyranny!
Peter Foster / Telegraph:
US deploys warships as North Korea prepares to launch missile  —  The US has deployed two warships with anti-missile capabilities in the waters off Japan as tensions mount over North Korea's plans to test-fire a long-range ballistic missile capable of striking Alaska.
IPS Inter Press Service:
POLITICS-US: Neo-Con Ideologues Launch New Foreign Policy Group  —  A newly-formed and still obscure neo-conservative foreign policy organisation is giving some observers flashbacks to the 1990s, when its predecessor staked out the aggressively unilateralist foreign policy that came to fruition under the George W. Bush administration.
Wall Street Journal:
China and the Dollar  —  Markets don't like Treasury talking down the dollar's status.  —  As if the dollar didn't have enough problems, Timothy Geithner took China's bait yesterday and said he was “quite open” to its suggestion this week to displace the greenback with an “international reserve currency.”
Suffolk University:
Voters Voice Concern about Ethics in Mass. Government in Poll from Rappaport Center at Suffolk Law School  —  BOSTON - Massachusetts voters have serious concerns about honesty, ethics and influence in state government, according to a new poll from the Rappaport Center for Law and Public Service at Suffolk University Law School.
Calvin Woodward / Associated Press:
Bold claims of stimulus jobs can't be measured  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - If space exploration were conducted like the job forecasts under the government's new stimulus law, man surely would have missed the moon.  But this isn't rocket science.
Scott Kraus / Pennsylvania Ave.:
Obama 2.0 Volunteer Effort: Still a work in progress  —  Organizing for America, the Democratic National Committee-based group that took over for Barack Obama's prodigious grassroots campaign organization released the results of their weekend canvassing effort in support of Obama's budget proposal.
Bartle Bull / Prospect Magazine:
No, he can't  —  157 » Features » No, he can't  —  The wheels are already coming off Obama's Trojan horse revolution.  Will he, like Jimmy Carter, be seen as a one-term disaster?  —  Discuss this article at First Drafts, Prospect's blog  —  Barack Obama was always going to disappoint.
Bloomberg:
Jindal Spurns Obama's Jobless Aid as Mayor Pleads ‘Help Me Now’  —  Louisiana Governor Bobby Jindal, a Republican, cited fiscal responsibility when he turned down about $98 million in unemployment aid that was part of President Barack Obama's $787 billion federal stimulus package.
Discussion: AMERICAblog News
The Hill:
Domino's ads delivering for Gov. contender  —  Corporate CEOs aren't the most popular people right now, but one of them wants to make it very clear that he had no part in this whole bailout thing.  —  Domino's Pizza Chairman and CEO David Brandon has been on national television for two weeks touting the …
Discussion: Democracy in America and MSNBC
 
 
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 More Items: 
Chris Johnson / Washington Blade:
McCain strategist endorses same-sex marriage
Discussion: Think Progress
Rachel L. Swarns / New York Times:
Could It Really Be Him? Yeah, Probably
Discussion: Outside The Beltway
BBC:
Iran accepts US Afghan invitation
Discussion: democracyarsenal.org
Maria Sacchetti / Boston Globe:
Back in Boston, Obama's aunt fighting deportation
BBC:
Therapists offer gay ‘treatment’
Discussion: European Tribune
David Thompson:
Treatment  —  Via Critical Mass, here's a short follow-up film …
Discussion: pw
 Earlier Items: 
U.S. Bureau of Economic Analysis:
GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (Final)
Discussion: New York Times and Housing Wire
Brendan McGarry / Air Force Times HOME:
Death before this honor  —  Why have Iraq and Afghanistan produced …
Pat Doyle / Minneapolis Star Tribune:
Senate race is a broken record
Discussion: TIME.com, NJDC Blog and TPMDC
Gary D. Robertson / Associated Press:
States could lose billions in taxes to stimulus
Discussion: Right Wing News
Andrew Pergam / NBC Connecticut:
Threats to AIG: “We Will Get Your Children”
Discussion: Wake up America and Don Surber
Jonathan Mummolo / Washington Post:
Slain Man Had Been Contractor for CIA
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of 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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