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.

Hand jive  —  Talk to the hand.  —  I was offline most of the weekend with family, so surfed over to Memeorandum tonight to catch up on the latest blog buzz.  What have the left-wing blogs been raging about? … Plus: Breaking updates on the “crib notes!”  —  Seriously?  —  Seriously:

Sarah Palin Spikes the Tea  —  Over the weekend Sarah Palin gave us another dose of seductive untruth.  Her complaint about the Christmas bomber “lawyering up” wasn't about finding the right policy against terrorists.  It was a come-on to the Tea Party's prejudices, egging them to believe …

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.

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.

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.

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.

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.

Michelle Obama Plans Elaborate Debut of Anti-Obesity Campaign  —  First Lady Michelle Obama is planning an elaborate unveiling on Tuesday of the anti-childhood obesity drive she is leading.  —  Mrs. Obama's East Wing said she will be “joined by members of the president's cabinet …