Wednesday’s Mini-Report

WEDNESDAY’S MINI-REPORT…. Today’s edition of quick hits:

* A rare pleasant day on Wall Street.

* The Fed still isn’t optimistic about a quick recovery, though Chairman Ben Bernanke seems supportive of President Obama’s agenda.

* The Obama administration unveiled its plan today to help 9 million families keep their homes.

* The president also kicked off a significant initiative reforming the process on how government contracts are awarded.

* The ICC issued an arrest warrant to day for Sudan President Omar Hassan al-Bashir for war crimes and crimes against humanity.

* I can’t believe Countrywide has found a new way to profit off the mortgage crisis. As a lawyer at the National Consumer Law Center put it, “It is sort of like the arsonist who sets fire to the house and then buys up the charred remains and resells it.”

* I also can’t believe the compensation packages at Merrill Lynch last year — you know, when the company was losing nearly $30 billion.

* Craig Fugate, the director of the Florida Division of Emergency Management, will soon take over as the new FEMA administrator.

* An encouraging 6-3 ruling: “The Supreme Court forcefully rejected calls Wednesday for limiting consumer lawsuits against drug makers, upholding a $6.7 million jury award to a musician who lost her arm to gangrene following an injection.”

* Leahy still wants that “truth commission.”

* Obama still supports EFCA.

* Limbaugh wants to debate the president. Not gonna happen.

* Limbaugh also gets amusing “apologies” from Christopher Orr and Rep. Alan Grayson (D-Fla.).

* Of course tobacco should be regulated by the FDA. It’s long overdue.

* More crazy Birthers in public office, this time in Missouri.

* Obama’s pick to head the Federal Communications Commission looks encouraging.

* If Sean Hannity is going to engage in a red scare, he really should learn to spell “comrade.”

* The DCCC comes up with a clever idea — and web visitors respond in a big way.

* Bill Frist with a role in the Obama administration?

* And finally, did you hear about the woman who called 911 — three times — because of a dispute over Chicken McNuggets? It just had to be in Florida.

Anything to add? Consider this an open thread.

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