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Obama to Announce Pay Limits for Bailout Execs
He's expected to impose a $500,000 compensation cap Wednesday on execs from companies given large amounts of federal money. Obama will detail his plan with Treasury Secretary Geithner in the Grand Foyer of the White House at 11 am ET. More details from the White House here.
Cheney Warns of New Attacks
The former VP tells Politico he thinks there's a "high probability" terrorists will attempt a massive nuclear or biological attack in coming years.
Gray Lady Points Finger at Paterson
NY Times: The governor's team released secret info on Kennedy and misled reporters after she withdrew as a Senate contender. The paper calls it an "orchestrated effort to discredit her." Find out who allegedly ran the effort, and which claims against Kennedy appear false-- click here.
SCHIP Reaches President's Desk
The president will sign a bill into law in the East Room Wednesday afternoon extending health care coverage to 11 million low-income children.
Stimulus Now Tops $900 Bil
Added money for medical research, tax breaks for car purchases from the Senate pushes the cost of Obama's economic recovery plan higher. Could increase even more Wednesday as the Senate debates the plan if a tax break for homebuyers is made more generous. Plus: Obama has scheduled one-on-one meetings at the White House with a few GOP [...]
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Swampland
Legalize it, already
Kathleen Parker has the precisely correct reaction to the Michael Phelps flap. Marijuana should be legalized and taxed. It's costing the society way too much in terms of law enforcement and hypocrisy. Update: Some interesting reactions from early commenters. Sacredh notes that the combination of marijuana and power tools is not advisable, to which I say: [...]
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