Top Items:
Reuters:
President Obama's remarks on U.S. car industry — (Reuters) - Following are excerpts from President Barack Obama's Monday remarks about the U.S. auto industry's restructuring effort: — In recent months, my Auto Task Force has been reviewing requests by General Motors and Chrysler …
Discussion:
Weekly Standard, AMERICAN DIGEST, The Hill's Pundits Blog, Gateway Pundit, Cafe Hayek, Wizbang and Jay Currie
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New York Times:
Obama's Announcement on the Auto Industry — Following are President Obama's remarks, as provided by the White House. — Good morning, everybody. — One of the challenges we've confronted from the beginning of this administration is what to do with the state of the struggling auto industry.
Discussion:
The Politico, The Hill's Blog Briefing Room, The Hill, Rough Sketch, The Swamp, The Foundry, TalkLeft, Clusterstock and Planet Gore
Henry Pulizzi / Wall Street Journal:
Obama Outlines GM, Chrysler Plans — WASHINGTON—Warning that they can't depend on unending taxpayer dollars, President Barack Obama on Monday gave General Motors Corp. and Chrysler LLC a brief window to craft plans that would justify fresh government loans.
Discussion:
Green Tech, Fox News, The Politico, The Curious Capitalist, Washington Wire, Moonbattery and Pat Dollard
Susie Madrak / Crooks and Liars:
Obama Says No to More Auto Industry Bailout Money
Obama Says No to More Auto Industry Bailout Money
Discussion:
Bloomberg
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.
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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 …
Discussion:
Think Progress, Taylor Marsh, Don Surber, The Impolitic, Media Blog, Gawker, Philly.com, five feet of fury and Brilliant at Breakfast
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Henry Blodget / Clusterstock:
Rick Wagoner Goes But Ken Lewis Stays? — We agree that GM CEO Rick Wagoner should have been sacked. He had eight years to turn General Motors around. Instead, he presided over a collapse of market share, stock price, and, ultimately, a 100-year old organization.
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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 …
Discussion:
Washington Monthly, The New Ledger, The BRAD BLOG, NJDC Blog, Minneapolis Star Tribune, PoliGazette, Gawker and TIME.com
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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 …
Discussion:
The Atlantic Business Channel, Hot Air, Pat Dollard, Fox News, This ain't Hell … and The Campaign Spot
Michael Kranish / Boston Globe:
Pension insurer shifted to stocks — Concern increases as losses mount; Failing plans could overwhelm agency — WASHINGTON - Just months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed …
Discussion:
Talking Points Memo, Hullabaloo, Seeing the Forest, The Anonymous Liberal and TPMMuckraker
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David Horowitz / Front Page Magazine:
Obama Derangement Syndrome — I have been watching an interesting phenomenon on the Right, which is beginning to cause me concern. I am referring to the over-the-top hysteria in response to the first months in office of our new president, which distinctly reminds me of the “Bush Is Hitler” crowd on the Left.
Myglesias / Matthew Yglesias:
Should My Blog Word Count Be Restricted? — The other day I was musing about the possibility of a 95 percent tax on earnings over $10 million, which prompted this piece of correspondence from reader J: … Personally, I would love a legal cap on the number of words a blogger is allowed to produce per day.
Hollie McKay / Fox News:
Angie Harmon: I'm Not Racist Because I Disagree With Obama — Angie Harmon is not afraid to come out and say she doesn't like how President Obama is handling the job — but she's sick of having to defend herself from being deemed a racist. — “Here's my problem with this, I'm just going to come out and say it.
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 …
Washington Post:
House Approves Early-Voting Bill, Ban on Chemical in Baby Bottles — The Maryland House of Delegates advanced bills yesterday to overhaul the state's voting machinery and procedures, ban a potentially dangerous chemical from plastic baby bottles and increase slot machine proceeds …
Discussion:
The Agitator
Susan Saulny / New York Times:
Banks Starting to Walk Away on Foreclosures — SOUTH BEND, Ind. — Mercy James thought she had lost her rental property here to foreclosure. A date for a sheriff's sale had been set, and notices about the foreclosure process were piling up in her mailbox.
New York Times:
Star Lobbyist Closes Shop Amid F.B.I. Inquiry — WASHINGTON — For most of the last three decades, the lobbyist Paul Magliocchetti might have been mistaken for an owner of the Alpine, a wood-paneled Italian restaurant across the Potomac River from Washington where he routinely presided …
Discussion:
Vanity Fair, The Hill's Blog Briefing Room, Commentary, Gawker, DownWithTyranny! and Hot Air
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 …
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.
David Dayen / Washington Monthly:
IF IT'S SUNDAY, IT'S JOHN MCCAIN.... John McCain appeared on Meet the Press this Sunday, and while the content was unremarkable, a little portion at the end was pretty revealing. … David Gregory was making a joke. And yet there's still much to this that's remarkable.
Simon Johnson / The Baseline Scenario:
Obama Against The Odds — The G20 summit is headed for disaster. The Europeans have circled their wagons and determined that no sensible policy proposal shall pass. The background briefings indicate (a) the US has given up on global fiscal stimulus ("declare victory and retreat" …
Mark Blumenthal / Pollster.com:
What Happened in NH? AAPOR's Answer — Most political junkies remember two things about last year's New Hampshire primary. First, Hillary Clinton's surprising three point win and the fact that the pollsters were the “biggest losers” as the final round off of pre-election polls had shown Barack Obama surging ahead.
Dennis B. Roddy / Pittsburgh Post-Gazette:
Critics claim John Murtha is capitalizing on a corrupt system, but he's not apologizing — JOHNSTOWN, Pa. — This city once had a steel-based economy and critics now say it has a John Murtha-based economy but, in what used to be the 11-inch rolling mill of Bethlehem Steel, nobody's apologizing.
Ambrose Evans-Pritchard / Telegraph:
Russia backs return to Gold Standard to solve financial crisis — Russia has become the first major country to call for a partial restoration of the Gold Standard to uphold discipline in the world financial system. — Arkady Dvorkevich, the Kremlin's chief economic adviser …
Discussion:
At-Largely
Ed Morrissey / Hot Air:
Gore: Lighting candles while cursing the light — The proverb instructs us that we do better to light a single candle than to curse the darkness. But what if one is making a killing at praising the darkness? Would it not be better for that person to extinguish a single candle instead?
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:
The Moderate Voice