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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...

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