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12:25 PM 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  —  Obama Pushes General Motors and Chrysler to Slim Down, Make More Concessions  —  The Obama administration has forced the longtime head of General Motors to resign and said yesterday that it would withhold additional federal aid to the auto industry unless …
Reuters:
President Obama's remarks on U.S. car industry
Discussion: Babalú Blog and Don Surber
Frank James / The Swamp:
Why no GM treatment for Wall Street?
Michelle Malkin:
Here we go again; Update: The auto repairman-in-chief speaks
Discussion: Washington Post and Hot Air
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.
RELATED:
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.
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.
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 …
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 …
RELATED:
David Kurtz / Talking Points Memo:   Buy High, Sell Low
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,” …
New York Times:
Merkel Is Set to Greet, and Then Resist, Obama  —  BERLIN — Chancellor Angela Merkel of Germany, an avowed friend of the United States and the leader of the European Union's biggest economy, is diplomatic about the coming visit by President Obama.  But she is clear that she is not about to give ground …
Discussion: Time and TIME.com
RELATED:
John Hendren / ABCNEWS:
Obama Faces Cold Reception in Europe
Discussion: Political Machine
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 …
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
New York Times:
Gunmen Storm Police Training School in Pakistan  —  MANAWAN, Pakistan — Elite police forces recaptured a police training school from more than a dozen well-armed gunmen after an eight-hour siege near Lahore on Monday, with reports of the death toll ranging from 10 to 34.
Discussion: Guardian, BBC and The Lede
RELATED:
Wall Street Journal:
Security Forces Overpower Lahore Gunmen
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
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 …
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
 
 
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 More Items: 
New York Times:
Radio-Free Swat Valley
Discussion: democracyarsenal.org
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
Marc Lacey / New York Times:
In Drug War, Mexico Fights Cartel and Itself
Discussion: Vanity Fair and Eschaton
Ryan J. Donmoyer / Bloomberg:
Geithner Says Some Banks Need ‘Large Amounts’ of Assistance
Discussion: Daily Finance
 Earlier Items: 
Carol E. Lee / The Politico:
Obama gets personal
Jessica Shepherd / Guardian:
Clever boys dumb down to avoid bullying in school
James R. Hagerty / Wall Street Journal:
New Task Seen for Fannie, Freddie
Discussion: Housing Wire and Daily Finance
Financial Times:
G20 draft communiqué
Discussion: The Baseline Scenario and Guardian