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11:55 AM ET, March 30, 2009

memeorandum

 Top Items: 
Kevin G. Hall / McClatchy Washington Bureau:
Feds declare GM, Chrysler not viable, refuse more aid  —  WASHINGTON — President Barack Obama on Monday will reject requests for almost $22 billion in new taxpayer bailout money for General Motors Corp. and Chrysler, saying the car makers have failed to take steps to ensure their viability.
RELATED:
Peter Whoriskey / Washington Post:
GM Chief to Resign at White House's Behest
Frank James / The Swamp:
Why no GM treatment for Wall Street?
Erica Orden / New York Magazine:
Home Decorating With the Obamas  —  At a time when people are having trouble holding on to their houses, Barack and Michelle Obama have sensibly decided not to use taxpayers' money to renovate theirs.  New presidents are allotted $100,000 to overhaul the White House residence and the Oval Office …
Robert Stacy McCain / The Other McCain:
Andrew Breitbart Shows Why He's Becoming One of the Most Important Columnists in America Today  —  Ace of Spades was the first to call my attention to the pervasiveness of Obama's Astroturf blog-troll army.  They seemed to start showing up in July, and by September they were ubiquitous.
Discussion: Pat Dollard
RELATED:
Washington Times:
Rules for conservative radicals  —  A digital war has broken out, and the conservative movement is losing.  Read the comment sections of right-leaning blogs, news sites and social forums, and the evidence is there in ugly abundance.  Internet hooligans are spewing their talking points to thwart the dissent of the newly-out-of-power.
Chris Bowers / Open Left:
Why No One Believes What Democrats Say  —  Quite a few bloggers, myself included, have piled on Senate Majority Leader Harry Reid for siding with Evan Bayh's “moderate working group” at the expense of the progressive wing of the party.  However, he actually made a far more damaging statement about Democrats in general last Friday.
RELATED:
Jonathan Chait / The New Republic:
Why the Democrats Can't Govern  —  Look who's killing Obama's agenda now.  —  The last Democrat who held the White House, Bill Clinton, saw the core of his domestic agenda come to ruin, his political support collapse, and his failure spawn a massive Republican resurgence that made progressive reform impossible for a decade to come.
New York Times:
Fox News's Mad, Apocalyptic, Tearful Rising Star  —  “You are not alone,” Glenn Beck likes to say.  For the disaffected and aggrieved Americans of the Obama era, he could not have picked a better rallying cry.  —  Mr. Beck, an early-evening host on the Fox News Channel …
Jennifer Haberkorn / Washington Times:
EXCLUSIVE: AIG chiefs pressed to donate to Dodd  —  $160,000 streamed in as senator gained power on banking committee  —  As Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues …
Manu Raju / The Politico:
In Minnesota, it's still November  —  Texas Sen. John Cornyn is threatening “World War III” if Democrats try to seat Al Franken in the Senate before Norm Coleman can pursue his case through the federal courts.  —  Cornyn, the chairman of the National Republican Senatorial Committee …
Paul Krugman / New York Times:
America the Tarnished  —  Ten years ago the cover of Time magazine featured Robert Rubin, then Treasury secretary, Alan Greenspan, then chairman of the Federal Reserve, and Lawrence Summers, then deputy Treasury secretary.  Time dubbed the three “the committee to save the world,” …
Dan Mangan / New York Post:
PARTIES & POT IN ASHLEY BIDEN'S PAST  —  A decade before a friend came forward trying to sell a video that he claimed showed her snorting cocaine, Vice President Joseph Biden's daughter was busted for pot possession.  —  Ashley Biden “was a hot freshman that every guy wanted to be with …
Tyler Durden / Zero Hedge:
Exclusive: AIG Was Responsible For The Banks' January & February Profitability  —  Zero Hedge is rarely speechless, but after receiving this email from a correlation desk trader, we simply had to hold a moment of silence for the phenomenal scam that continues unabated in the financial markets …
John Hendren / ABCNEWS:
Obama Faces Cold Reception in Europe  —  Support Has Turned to Opposition Over Stimulus Plan  —  The last time President Obama went to Europe, he was greeted with raucous applause and 200,000 Europeans choking a Berlin square, chanting “Obama” and “Yes We Can.”
Discussion: Political Machine
RELATED:
New York Times:
Merkel Is Set to Greet, and Then Resist, Obama
Discussion: Time and TIME.com
David Carr / New York Times:
Cable News Stokes Political Fever  —  MSNBC ran a countdown clock in preparation for the big event last Tuesday night.  CNN's run-up thrummed with portent, while a skeptical Fox News joined in the fervent speculation.  —  So what had the cable news stations in overdrive?
CNN:
Image shows North Korea rocket on launch pad  —  (CNN) — A North Korean rocket slated for launch sometime early next month can be clearly seen in a satellite photograph taken Sunday, the Institute for Science and International Security said Sunday.  —  The satellite imagery …
Discussion: Danger Room
Marc Lacey / New York Times:
In Drug War, Mexico Fights Cartel and Itself  —  REYNOSA, Mexico — An army convoy on the hunt for traffickers rolled out of its base recently in this border town under the control of the Gulf Cartel — and an ominous voice crackled over a two-way radio frequency to announce just that.
Discussion: Vanity Fair and Eschaton
RELATED:
Jim Rutenberg / New York Times:
Navy Secretary Nominee Drew Notice Over Divorce  —  WASHINGTON — President Obama's nominee for secretary of the Navy was involved in a divorce that drew national attention for his secret taping of a conversation between his wife and his family priest that he used against her in court proceedings.
Discussion: ATTACKERMAN and TIME.com
Josh Marshall / Talking Points Memo:
Frightful Kindle  —  Until quite recently, I'd seen a Kindle only once.  It was at a friend's house, only for a moment, and my general impression was that it was clunky and only borderline readable.  But I'm very partial to my iPhone.  So a few weeks ago in my never-ending quest …
Discussion: Althouse
David Kurtz / Talking Points Memo:
Buy High, Sell Low  —  The Boston Globe has an important piece out on how the federal Pension Benefit Guaranty Corporation decided to shift its holdings from bonds to equities, just about the time the bottom fell out of the stock market: … The kicker, though, comes from the Bush-era official who oversaw the switchover:
Discussion: Boston Globe
Carol E. Lee / The Politico:
Obama gets personal  —  Barack Obama is a storyteller, and lately he has been telling lots of them: tales of sick children and a dying parent, of religious discovery and of a magical journey across the American West.  —  The stories have something in common: They all spring from Obama's own life.
James R. Hagerty / Wall Street Journal:
New Task Seen for Fannie, Freddie  —  The regulator of Fannie Mae and Freddie Mac is considering giving the government-backed mortgage companies another role: helping to finance small mortgage banks.  —  A spokeswoman for the regulator, the Federal Housing Finance Agency …
Discussion: Housing Wire and Daily Finance
Kleinheider / Post Politics:
Al Gore Leaves The Light On For Ya  —  Even during Earth Hour.  President of the Tennessee Center For Policy Research Drew Johnson takes a Saturday drive by Al Gore's during the time most environmentalists went dark: … (Fist Tap: Matthew Hurtt)
 
 
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 More Items: 
Simon Johnson / The Baseline Scenario:
Obama Against The Odds  —  The G20 summit is headed for disaster.
media.gm.com:
GM Message From Rick Wagoner
Rod Nordland / New York Times:
Iraqis Snap Up Hummers, Seeing Them as Icons of Power
Discussion: The New Republic
Yoav Stern / Haaretz:
Arab League tells Israel: Accept Saudi initiative now or never
Discussion: Commentary and Israel Matzav
Ryan J. Donmoyer / Bloomberg:
Geithner Says Some Banks Need ‘Large Amounts’ of Assistance
Discussion: Daily Finance
 Earlier Items: 
Wall Street Journal:
Security Forces Overpower Lahore Gunmen
Washington Post:
In a Down Time Everywhere Else, K Street Bustles
Discussion: Power Line
Reuters:
Spain may open torture probe of six Bush officials
Discussion: Right Wing News
William J. Stuntz / Weekly Standard:
Look to Lincoln  —  Not to FDR, when designing legislative agendas.
Discussion: Commentary
Jessica Shepherd / Guardian:
Clever boys dumb down to avoid bullying in school
Financial Times:
G20 draft communiqué
Discussion: The Baseline Scenario and Guardian
Ben Worthen / Wall Street Journal:
Wide Cyber Attack Is Linked to China
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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