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Sunday, March 29, 2009

GM's Wagoner Forced Out & More

WSJ: The Obama administration used the threat of withholding more bailout money to force out General Motors Corp. Chief Executive Rick Wagoner, marking one of the most dramatic government interventions in private industry since the economic crisis began last year.  More...

AP: Denouncing a "squandering of the people's money," lawmakers voted decisively Thursday to impose a 90 percent tax on millions of dollars in employee bonuses paid by troubled insurance giant AIG and other bailed-out companies.  More...

WP: President Obama's apparent inability to block executive bonuses at insurance giant AIG has dealt a sharp blow to his young administration and is threatening to derail both public and congressional support for his ambitious political agenda.  More...

AP: Barack Obama's optimistic campaign rhetoric has crashed headlong into the stark reality of governing. In office two months, he has backpedaled on an array of issues, gingerly shifting positions as circumstances dictate while ducking for political cover to avoid undercutting his credibility and authority. That's happened on the Iraq troop withdrawal timeline, on lobbyists in his administration and on money for lawmakers' pet projects.  More...

FoxNews: Obama drops controversial health care plan for wounded veterans.  More...
Politico: National debt hits record $11 trillion.  More...
Politico: Some Dems want brake in Obama plans.  More...
AP: 8 Dems oppose quick debate on global warming bill.  More...
FoxNews: Gates says U.S. not prepared to respond to North Korea missile launch.  More...
FoxNews: Obama says 'America's War' in Afghanistan will not be open-ended.  More...
Miami Herald: Obama's teleprompter has started a blog.  More...
NYP: Friend of Biden's daughter shopping tape of her allegedly doing cocaine.  More...
Politico: Obama apologizes for 'special olympics' remark.  More...
ChigTrib: Obama's 'Tonight Show' gaffe one of many for president.  More...
Telegraph: Top 10 gaffes by Barack Obama and Joe Biden.  More...
IHT: Obama will face a defiant world on foreign visit.  More...
YouTube: Member of the European Parliament lays into Gordon Brown.  Video
AP: Duke's Coach K tells Obama to worry about the economy, not NCAA picks.  More...
Wilmington Journal: Senator Hagan's office mum on firing of two staffers.  More...
AFP: Vexing computer worm to evolve on April Fool's Day.  More...
WRAL: Eight dead in North Carolina nursing-home shooting.  More...

OPINION:
Washington Times: Obama's reliance on teleprompters.  More...
Soderstrom: TOTUS- the Teleprompter of the United States.  More...
Rove: Obama give the GOP an opening.  More...
Rove: Obama points back to the GOP's future.  More...
Soderstrom: Bush deficit vs projected Obama deficit.  More...
Krauthammer: Bonfire of the trivialities.  More...
Brooks: The winnable war.  More...
Noonan: Neither a hedgehog nor a fox.  More...
Soderstrom: U.S. not responsible for Mexico's violence.  More...

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Monday, March 16, 2009

Firestorm Over Bonuses & More

WSJ: President Barack Obama, trying to contain a political firestorm, instructed Treasury Secretary Timothy Geithner "pursue every legal avenue" to block $165 million in bonuses to AIG executives who were in part responsible for the company's near collapse.  More...

AP: President Barack Obama, sounding weary of criticism over federal earmarks, defended Congress' pet projects Wednesday as he signed an "imperfect" $410 billion measure with thousands of examples.  More...

AP: A sharp rebound in bank shares and easing worries about the economy pushed stocks to their best week since late November.  The market shot up in one week as much as it might in some years, with major indicators chalking up gains of around 10 percent.  More...

AP: Obama says economic crisis 'not as bad as we think.'  More...
Politico: Cheney says Obama wants 'massive expansion' of government.  More...
WSJ: Obama, Geithner get low grades from economists.  More...
McClatchy: South Carolina's Sanford to become first governor to reject stimulus funds.  More...
WP: HIV/AIDS rate in D.C. hits 3%.  More...
McClatchy: Obama says troop move to Mexican border under consideration.  More...
CNSNews: Justice Department investigates Arizona sheriff for enforcing immigration law.  More...
Gallup: Stimulus not yet improving consumer mood or spending.  More...
Gallup: On economy, Republicans trust business; Democrats trust government.  More...
BBC: Iraqis 'more upbeat about future.' More...
WISN: UW-Milwaukee study could realign climate change.  More...
Gallup: Increased number think global warming is 'exaggerated.'  More...
AP: Utah, Hawaii, Wyoming top 'happiness' poll.  More...
AP: White House objects to UN calling US 'deadbeat.'  More...
Politico: Congress at work at a rate of '$1 billion an hour.'  More...
Guardian: Japan warns it may shoot down North Korean satellite launcher.  More...
Telegraph: Artificial life 'could be created within five years.' More...
NYP: Moment of tooth- Diver kills shark after 2-hour battle.  More...

OPINION
Krauthammer: Obama's 'science' fiction.  More...
Henninger: The Obama Rosetta Stone.  More...
NYT: Mr. Obama's trade agenda.  More...
Sen. DeMint: Let's not forget the human cost of health care reform.  More...
Telegraph: President Obama just plain rude to Britain.  Don't call us in future.  More...
Rove: The White House misfires on Limbaugh.  More...
Limbaugh: Obama's relentless war on the American dream.  More...
Thomas: Journey to destruction.  More...
Gerson: Party-line President.  More...
Morris: Boggled Bam- Can President get job done?  More...
Noonan: There's no pill for this kind of depression.  More...
Cook: Obama's friction points.  More...
Devore: China flexing its T-bill muscle- red flag moment.  More...
Rothenberg: One thing Obama didn't change is the same old rhetoric.  More...
Frum: Great quote from an economist.  More...
Will: Paved with magnificent intentions.  More...
WSJ: Old Europe is right on stimulus.  More...
Brooks: 'No picnic for me either.'  More...
Rasmussen: Obama's poll numbers are falling to Earth.  More...
Rivkin: Why the D.C. Voting Rights Act is wrong.  More...
Will: Voting rights gone wrong.  More...

Tuesday, March 10, 2009

Omnibus Passes, Dow Surges & More

WSJ: The Senate Tuesday approved a $410 billion spending bill for 2009, handing the Democrats a legislative and fiscal victory but putting them on the defensive regarding earmarks and the deficit.  More...

WSJ: Hope that fortunes may be turning for troubled banks and that regulators are moving aggressively to address disruptions in the markets helped drive a broad stock rally on Tuesday.  The Dow Jones Industrial Average rose 379.44 points, or 5.8%, to 6926.49, closing at its high for the day and recording its biggest point and percentage gains since late November.  More...

AP: Tolling grimly higher, the recession snatched more than 650,000 Americans' jobs for a record third straight month in February as unemployment climbed to a quarter-century peak of 8.1 percent and surged toward even more wrenching double digits.  More...

Time: President Barack Barack Obama said Monday he is allowing federal taxpayer dollars to fund significantly broader research on embryonic stem cells because "medical miracles do not happen simply by accident," and promised his administration would make up for the ground lost under his predecessor.  More...

The Hill: Sen. Conrad says Obama budget lacks votes.  More...
WSJ: President tells unions organizing act will pass.  More...
Politico: Inside Dems' Limbaugh plan.  More...
Bloomberg: Obama bear market punishes investors as Dow slumps.  More...
NYT: Steep market drops highlight despair over rescue efforts.  More...
AP: Obama recovery plans sowing some unease.  More...
NYT: World Bank says global economy will shrink in '09.  More...
Reuters: Never waste a good crisis, Clinton says on climate.  More...
AP: Britain's Brown warns US against protectionism.  More...
Politico: Obama's safety net- the TelePrompter.  More...
NYT: Attorney General chided for language on race.  More...
NYT: Obama ponders outreach to elements of Taliban.  More...
WSJ: Obama gets strong support in poll.  More...
Star Tribune: Surfing in the sky.  More...
Politico: Does Jimmy Fallon know who Rep. Virginia Foxx is?  More...
Page Tutor: What does one trillion dollars look like?  More...
Nat Geo: Obama on board Air Force One.  Video

OPINION
WSJ: The Obama economy.  More...
WSJ: The Obama economy, cont.  More...
Rove: Presidential bait-and-switch.  More...
George: The President politicizes stem-cell research.  More...
Morris: Waging war on prosperity.  More...
Krauthammer: Obama's radical agenda.  More...
Boskin: Obama's radicalism is killing the Dow.  More...
Senator Bayh: Deficits and fiscal credibility.  More...
Cook: Whose downturn?  More...
Pipes: Health 'reformers' ignore facts.  More...
Friedman: Obama's ball and chain.  More...
Dowd: Stage of fools.  More...
WSJ: Obama channels Cheney.  More...
Cramer: My response to the White House.  More...
WSJ: Obama's Iran crisis.  More...
Walters: Drug legalization isn't the answer.  More...
WSJ: Who pays for Cap and Trade?  More...
Sowell:  Subsidizing bad decisions.  More...
Morris: Coming next year- Obama's inflation.  More...
Cook: How Limbaugh helps the GOP.  More...
Strassel: The climate change lobby has regrets.  More...
Rothenberg: Have Republicans found their floor in the House with 178?  More...

Tuesday, March 3, 2009

Stocks Hit Record Lows & More

AP: A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors warned there was no reason to believe buyers will return anytime soon.  The Dow finished below 7,000 for the first time since 1997.  More...

WSJ: The stock slide that pushed indexes to new 12-year lows picked up speed in the afternoon on fears that economic recovery may still be a long way off. The Dow has fallen 7,401.24 points from the October 2007 record, a 52% drop.  More...

Reuters: U.S. companies, consumers and communities may grow so addicted to government financial help that cutting them off could trigger another recession soon after the current one ends.  More...

WSJ: Brutal February for blue chips.  More...
Times: Brown woos Obama on global deal.  More...
IHT: Economic crisis threatens the idea of one Europe.  More...
RNIA: Obama ready to drop shield plans for Russian help on Iran.  More...
CBS: Jewis leaders blast Clinton of Israel criticism.  More...
WSJ: Tough questions dog healthcare overhaul.  More...
FoxNews: Chicago man arrested for allegedly targeting Obama with HIV-infected blood.  More...
SF Chronicle: U.S. to yield marijuana jurisdiction to states.  More...
WND: Radio chip coming soon to your driver's license?  More...
BBC: Designer baby row over US clinic.  More...
The Sun: Scumdad Millionaire.  More...
ANI: Eastwood thinks political correctness has made society humourless.  More...

OPINION:
Kudlow: Obama declares war on investors, entrepreneurs, businesses, and more.   More...
WSJ: The Obama revolution- paid for by the people.  More...
Krauthammer: The Obamaist Manifesto.  More...
Brooks: A Moderate Manifesto.  More...
Morris: Obama's budget dooms his recovery plan.  More...
Heritage: The Obama tax and spend economy is here.  More...
Brooks: The uncertain trumpet.  More...
Limbaugh: It just keeps getting worse.  More...
WSJ: Obama's Bush vindication- the President's good turn on Iraq.  More...
WSJ: Declining Defense- Obama's budget does cut one federal department.  More...
Moore: 'Atlas Shrugged'- from fiction to fact in 52 years.  More...
Congressman Ryan: A Republican road to economic recovery.  More...
The Fix: Ten Republicans to watch.  More...
Noonan: Obama dons the presidential cloak.  More...
Fleming: Was George W. Bush the worst president?  More...
Ryall: Our hail mary pass- why we ran the "Godless" ad.  More...
Louis CK: Comedian talks to Conan about our spoiled generation.  Video

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