Both Robert Gibbs and Jay Carney say Mr. Obama will not extend Bush Mobb tax cuts for folks making over $250,000. Mr. Obama plans to say as much himself today at the Rose Garden. And just like last time, these promises will mean nothing when Republicans stamp their feet.
Gaius Publius explains the LIBOR scandal engulfing the British financial system. Long story short: another reason why we can't just let banksters "regulate themselves" because "only they know the banking system."
Talking Points Memo finds that some pundits spend a lot of time wishing Mr. Obama would do a lot of things Mr. Obama has already tried to do. How many times must I tell these pimps! Their Great Centrist Hope is already President, and they treat him like a red-headed stepchild! It's almost like that's the idea.
A "liberal" media outlet finally picks up the corporations-abandoning-ALEC story -- and, as befits the "liberal" media, gives almost zero time to ALEC's critics and virtually all its time to ALEC's treasurer, who doubles as the Georgia State Senate majority leader. Apparently no one else in the world was available to talk to CBS!