Top Items:
Time:
BANKS: Deposits Guaranteed … Through the great banking houses of Manhattan last week ran wild-eyed alarm. Big bankers stared at one another in anger and astonishment. A bill just passed by both houses of Congress would rivet upon their institutions what they considered a monstrous system of guaranteeing bank deposits.
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The White House:
Remarks by the President on Wall Street Reform Cooper Union, New York, New York — THE PRESIDENT: Thank you very much. Everybody, please have a seat. Thank you very much. Well, thank you. It is good to be back. (Applause.) It is good to be back in New York, it is good to be back in the Great Hall at Cooper Union.
Discussion:
Ezra Klein, Washington Monthly, New York Times, Deal Journal, White House.gov Blog Feed, The Foundry and The New Republic
Peter Baker / New York Times:
Obama Issues Sharp Call for Reforms on Wall Street — WASHINGTON - President Obama is traveling to the shadow of Wall Street on Thursday to counter what he calls “the furious efforts of industry lobbyists” trying to weaken or kill new financial regulations that he says are needed to stave off a second Great Depression.
Rep. John Boehner / Investor's Business Daily:
President Obama's ‘TARP Forever’ Act
President Obama's ‘TARP Forever’ Act
Discussion:
Economix, NY Daily News, Los Angeles Times, Wall Street Journal, The Note, Newshoggers.com and The Reaction
Dave Itzkoff / ArtsBeat:
‘South Park’ Episode Is Altered After Muslim Group's Warning — A message posted on SouthParkStudios.com, the Web site of Trey Parker and Matt Stone's production company. — 8:56 a.m. | Updated — An episode of “South Park” that continued a story line involving the Prophet Muhammad …
Discussion:
Althouse, The Daily Dish, Tim Blair, Big Hollywood, Left Coast Rebel, Mediaite, NY Daily News, Instapundit, PopEater and Gates of Vienna
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Carrie Budoff Brown / The Politico:
Reid moves forward with reform vote — Senate Majority Leader Harry Reid (D-Nev.) said Thursday that he will not wait for Democrats and Republicans to reach a bipartisan compromise on a Wall Street reform bill, pledging to move ahead with the first key test vote Monday.
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Byron York / Beltway Confidential:
In WH meeting, 'Only two of the elected officials in the room …
In WH meeting, 'Only two of the elected officials in the room …
Discussion:
Hot Air
Charles Babington / Associated Press:
Obama suggests value-added tax may be an option — WASHINGTON - President Barack Obama suggested Wednesday that a new value-added tax on Americans is still on the table, seeming to show more openness to the idea than his aides have expressed in recent days.
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Chris Cillizza / The Fix:
Stephanie Cutter to oversee White House health care strategy
Stephanie Cutter to oversee White House health care strategy
Discussion:
The Page
CNN:
Poll: Obama gets thumbs down on Israel — One third of Americans approve of how President Obama is handling the conflict between Israel and the Palestinians, according to a new poll. — Washington (CNN) - Only a third of Americans approve of the way President Obama's handling …
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Wall Street Journal:
Israel Rebuffs U.S. on Building — Prime Minister Netanyahu Says He Won't Freeze Home Construction in East Jerusalem — By JAY SOLOMON in Washington and CHARLES LEVINSON in Jerusalem — Israeli Prime Minister Benjamin Netanyahu conveyed to the White House this weekend his rejection …
Reuters:
Exclusive: WellPoint routinely targets breast cancer patients — (Reuters) - One after another, shortly after a diagnosis of breast cancer, each of the women learned that her health insurance had been canceled. First there was Yenny Hsu, who lived and worked in Los Angeles.
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Reuters:
The tea party's exaggerated importance — 2009 was the year when many journalists concluded they were slow to recognize the anti-government, anti-Obama rage that gave birth to the tea party movement. — 2010 is the year when news organizations have decided to prove they get it. — And get it.
Discussion:
Ben Smith's Blog, Boston Globe, Taylor Marsh, Right Now, LewRockwell.com Blog, Mediaite, Left Coast Rebel, Newshoggers.com and Washington Wire
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Ralph Z. Hallow / Washington Times:
Internal RNC probe finds financial controls in disarray — Barely 6 1/2 months before the midterm elections, an internal investigation by the Republican National Committee has revealed that the organization is beset with questionable financial management and oversight and is spending …
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Greg Sargent / The Plum Line:
Michael Steele Acknowledges GOP Had “Southern Strategy” For Decades
Michael Steele Acknowledges GOP Had “Southern Strategy” For Decades
Discussion:
GayPatriot, Right Now, JOSHUAPUNDIT, Wonkette, Chicago Sun Times, Washington Monthly and Bob Cesca's Awesome Blog!
realtor.org:
Existing-Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions — Buyers responding to the homebuyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of Realtors®.
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Yves Smith / naked capitalism:
Blankfein: Suit Against Goldman Will “Hurt America” — An interesting disconnect exists between Goldman's public posture on the SEC's suit against it over its Abacus 2007 AC1 deal and its private remarks. The firm has maintained that the charges are baseless and politically motivated …
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Tim Shipman / Daily Mail:
'I've gone from being Churchill to a Nazi in a week': Clegg defends attack on Britain's ‘delusions of grandeur’ over WWII — A rattled Nick Clegg today sought to defend himself over his claim that the British people have a ‘more insidious cross to bear’ than Germany over World War II.
Discussion:
The Daily Dish, Telegraph, Weekly Standard, thetorydiary, Swampland, Iain Dale's Diary, Guardian, MyDD and THE ASTUTE BLOGGERS
Andrew Taylor / Associated Press:
Millions face tax increases under Dems budget plan — WASHINGTON - President Barack Obama's Democratic allies in the Senate promise to cut the deficit by almost two-thirds over the next five years, but their budget plan could threaten about 30 million people with tax increases averaging $3,700 …
George F. Will / Press Association:
Bringing Thunder-ous change to New Jersey — The bridge spanning the Delaware River connects New Jersey's capital with this town where the nation's most interesting governor occasionally eats lunch at Cafe Antonio. It also connects New Jersey's government with reality.
Marist Poll:
4/22: Making Change with the 50 Dollar Bill — A Republican congressman from North Carolina has proposed legislation that would replace the image of President Ulysses S. Grant on the fifty dollar bill with that of President Ronald Reagan. Do Americans want this change to occur?
Thomas Fitzgerald / Philly.com:
In Pa. House race, identity politics with a twist — It's happened so often that it's now a cultural cliche: the gay politician pretending to be straight. In most parts of the nation, homosexuality or bisexuality is a clear electoral liability. — Not in Center City's 182d state House district.