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The New Pope: Bergoglio of Argentina — VATICAN CITY — With a puff of white smoke from the chimney of the Sistine Chapel and to the cheers of thousands of rain-soaked faithful, a gathering of Catholic cardinals picked a new pope from among their midst on Wednesday — choosing the cardinal from Argentina …
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Pope Francis selected as first Latin American and Jesuit pontiff - live — Sort by: — 9.06pm GMT — Vice President Joe Biden, an observant Catholic and the first member of that faith to be elected vice president, will lead the US delegation to newly elected Pope Francis' installation in Rome, the Associated Press reports.
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The Moderate Voice, FiveThirtyEight and Towleroad News #gay

Argentina's Bergoglio becomes Pope Francis
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ECHIDNE OF THE SNAKES, Hit & Run, WNYC News, Gawker, CNN and The PJ Tatler

Pope Francis I: a humble man from the New World whose first challenge is to end the scandals
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The Dish, The PJ Tatler, AMERICAblog and Telegraph


Florida Lt. Gov. Jennifer Carroll resigns — Lt. Gov. Jennifer Carroll has resigned. — The resignation comes two days after Florida Department of Law Enforcement officers interviewed Carroll about her involvement with Allied Veterans of the World, a non-profit that operates internet cafes in Florida.
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Lt. Gov. Jennifer Carroll resigns amid state, federal probe of non-profit veterans group — TALLAHASSEE — Lt. Gov. Jennifer Carroll abruptly resigned amid law enforcement questions about a Florida Internet sweepstakes company at the center of a nationwide criminal investigation.
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Talking Points Memo, The Maddow Blog, The Awl, The Daily Caller and Politic365

Lt. Gov. Carroll resigns amid racketeering probe
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First Read


Obama's approval drops as Americans take a dimmer view of his economic policies — The afterglow of President Obama's reelection and inauguration appears to have vanished as increasingly negative views among Americans about his stewardship of the economy have forced his public approval rating …
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US News, The Fix, Business Insider, Power Line, msnbc.com, Guardian, Daily Kos, Mediaite, Hot Air, ABCNEWS and Post Politics
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The Morning Plum: No, the GOP isn't “winning” the argument over sequester — President Obama is set to meet with House Republicans today, and the air is thick with suggestions that Obama is losing the political battle over the sequester. And indeed, a new Washington Post poll has some toplines that are troubling for the president.

Ryan Returns — No sooner had Paul Ryan formally unveiled …
Discussion:
Esquire, First Read, Talking Points Memo, Daily Kos, Budget Committee, Mediaite, Democracy in America, The Heritage Foundation, Taking Note and The Week

Transcript: President Obama's Exclusive Interview With George Stephanopoulos — GEORGE STEPHANOPOULOS: — Mr. President, thank you for doing this. — PRESIDENT BARACK OBAMA: — It's great to be here. — GEORGE STEPHANOPOULOS: — So, you've done all meetings on Capitol Hill …
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NationalJournal.com, Mediaite, Wonkblog, Advocate, Right Turn, Twitchy, The PJ Tatler, Mashable!, BuzzFeed, NewsBusters blogs, Business Insider, Daily Kos, Taylor Marsh, Politico, Hot Air, Michelle Malkin, Reuters and National Review
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President Obama: There Is No Debt Crisis
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Hullabaloo, ABCNEWS and The Gateway Pundit

Obama: Gap Between Parties May Be ‘Too Wide’ for a Grand Bargain on Budget
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Roll Call, USA Today, Towleroad News #gay, Hawkings Here, Scared Monkeys, The Agonist, Wonkblog, The Caucus, Business Insider, Weasel Zippers and Politico


CPAC muddle mirrors GOP mess — It's not hard to make fun of CPAC. From the presence of Donald Trump to a meaningless straw poll to a cavalcade of fringe-dwelling book merchants, the event has become more carnival than conservative salon. — What is more notable about this year's rendition …
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Little Green Footballs, The Hill, ABCNEWS, msnbc.com, First Read and TheBlaze.com
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Eric Cantor's move to the middle rankles leaders
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UTSanDiego.com, msnbc.com, forum.iop.harvard.edu and The Page

Rand Paul: ‘Tolerant’ GOP would have more appeal to young voters
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Politico and Shakesville

Alleged North Korean propaganda video: ‘This is how Americans live today’ — A new video has been posted to the Live Leak site that claims to be a North Korean propaganda video showing a dystopian American society. — It's unclear if the translation is accurate, and whether the video did in fact originate in North Korea.
Discussion:
The Daily Caller and National Review
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North Korea Trolls American Poverty In Greatest Propaganda Video Ever — Living in tents. Drinking coffee made from snow. This is your life in America, filtered through the incisive prism of North Korean propaganda. — The world's most militarized society is shaking its head …
Discussion:
WorldViews, Hot Air and The Daily Caller


How Bill Clinton Inspired The 47 Percent Filmmaker — WASHINGTON — Bill Clinton won the presidential election for Barack Obama. But it wasn't his masterful Democratic National Convention speech or the advice he offered the president's reelection campaign.
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Telegraph, CNN, Gothamist, Business Insider, The Week, Mediaite, Rumproast, Gawker, The Caucus, TVNewser and Pressing Issues
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EXCLUSIVE: The ‘47% tape’ and the man who revealed the real Mitt Romney
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Washington Wire, Mother Jones, Shakesville and The Raw Story

47 Percent Filmmaker Had No Health Insurance
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Daily Kos


Tense meeting between President Obama, House GOP — President Barack Obama tangled with House Republicans for more than an hour Wednesday, answering questions on topics ranging from whether the White House spends too much time campaigning to how serious the administration is about slashing the nation's deficit.
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Obama looking for way to resume White House tours for school groups
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Politico, Jammie Wearing Fools, CNN, The Daily Caller, Weasel Zippers and neo-neocon


Police ID fatal shooting suspect as Kurt Myers of Mohawk — Mohawk police have identified the man suspected of fatally shooting six and wounding two others as 64-year-old Kurt Myers of Mohawk. — Police have not yet apprehended Myers. State police expect to hold a news conference at the Herkimer barracks within the hour.
Discussion:
Gawker, Alan Colmes' Liberaland, BBC, CBS New York, The Hinterland Gazette, Pressing Issues and Gothamist


The Veronica Mars Movie Project — Here it is. Our one shot to see a Veronica Mars movie happen. Kristen is in. I'm in. Let's do it! — Almost since Veronica Mars went off the air, there's been talk of making a movie. In that span, I've taken different tactics in dealing with the question of whether it might happen.
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Engadget, TechCrunch, Deadline.com, Towleroad News #gay, Liberal Values, New York Times, Guardian, Techdirt and Mashable!, more at Mediagazer »


Senate Dems Weigh Consequences For GOP Filibusters Of Key Nominees — Senate Democratic leaders have engaged in preliminary discussions about how to address Republican procedural obstruction, according to a senior Democratic aide, reflecting an awareness that key administration …
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The Maddow Blog, PostPartisan, Outside the Beltway, The Dish, Mother Jones, Washington Monthly and DownWithTyranny!


Why I'm more worried than Paul Krugman about the U.S. debt burden — I have been writing recently ([1], [2]) about my paper Crunch Time: Fiscal Crises and the Role of Monetary Policy, co-authored with David Greenlaw (Managing Director and Chief U.S. Fixed Income Economist for Morgan Stanley) …
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Brad DeLong