Obama to Convene Summit on Health Care  —  President Obama said Sunday that he will convene a half-day, bipartisan health care summit at the White House on Feb. 25 to be broadcast on television, so Americans can see Democrats and Republicans try to break the deadlock on health care legislation.

(UPDATED) Founding Bloggers Confirms Huffington Post's Completely Worthless Observation  —  Founding Bloggers can confirm that we too captured an image of the writing on Governor Palin's hand.  The notes appear to be very innocuous.  —  On the other hand, the outrage on the left is being completely misunderstood by the right.

Analysis: Where does the Tea Party go from here?  —  Editor's note: CNN contributor John Avlon attended the Tea Party's first convention Friday and Saturday in Nashville, Tennessee.  —  (CNN) — As the National Tea Party Convention concluded this weekend, it's clear that the Tea Partiers …

Illinois lt. gov. nominee withdraws  —  Scott Lee Cohen drops out of the race less than a week after winning the nomination.

America Is Not Yet Lost  —  We've always known that America's reign as the world's greatest nation would eventually end.  But most of us imagined that our downfall, when it came, would be something grand and tragic.  —  What we're getting instead is less a tragedy than a deadly farce.

Irked, Wall St. Hedges Its Bet on Democrats  —  WASHINGTON — If the Democratic Party has an stronghold on Wall Street, it is JPMorgan Chase.  —  Its chief executive, Jamie Dimon, is a friend of President Obama's from Chicago, a frequent White House guest and a big Democratic donor.

SOURCE: The NYT's Big David Paterson Bombshell Will Break Monday, Governor's Resignation To Follow  —  This past week, a rumor emerged that the New York Times is working on a huge bombshell with plans to “Spitzerize” New York governor David Paterson.  —  Several media outlets have reported on these rumors.

U.S. soldier 'waterboarded his own daughter, 4, because she couldn't recite alphabet'  —  A soldier waterboarded his four-year-old daughter because she was unable to recite her alphabet.  —  Joshua Tabor admitted to police he had used the CIA torture technique because he was so angry.

The Associated Press Sees What Isn't There  —  The Super Bowl isn't over yet, but commentary on the commercials is in full swing.  The Associated Press sums them up as “funny,” “light-hearted” and “a return to humor.”  Here is the AP's description of the Tebow ad: … Only the ad didn't do any such thing.

Prosecutor, Charge Thyself  —  Andrew Cuomo has more to answer for than does Bank of America.  —  With his fraud lawsuit last week against Bank of America, New York Attorney General Andrew Cuomo has joined the long queue of politicians blaming bankers as the chief culprits in creating the financial panic and recession.

Federal Government Closed on Monday  —  The federal government will be closed on Monday in the Washington area, according to the Office of Personnel Management, as the region continues to plow out of an historic snowstorm.  —  OPM Director John Berry decides when to close federal offices in the Washington area.

America's candor gap on the budget  —  In all the recent reports, speeches and news conferences concerning the federal budget outlook — including the administration's proposed budget for 2011 — hardly anyone has posed these crucial questions: What should the federal government do and why; and who should pay?