WEDNESDAY’S MINI-REPORT…. Today’s edition of quick hits:
* More from the Fed: “Saying that the recession continues to deepen, the Federal Reserve announced Wednesday that it would pump an extra $1 trillion into the mortgage market and longer-term Treasury securities in order to revive the economy.”
* Some right-wing lawmakers (Florida’s Connie Mack IV and California’s Darrell Issa) are calling for Treasury Secretary Tim Geithner’s resignation. House Minority Leader John Boehner stopped just shy of that line, but said the Treasury Secretary is on “thin ice.”
* Asked if Boehner’s comments were justifiable, Rep. Barney Frank (D-Mass.) responded, “No. Does Boehner need any justification? It says it right there on his partisan hack license that he can say anything that he wants.”
* It’s about time: “The Associated Press has learned that the Obama administration will sign a U.N. declaration calling for the worldwide decriminalization of homosexuality that President George W. Bush had refused to endorse.” Up until now, the U.S. was the only Western democracy to refuse to back the measure.
* Uh oh: “Three of the most dangerous Taliban leaders in Pakistan, once arch-enemies, have formed an alliance that could threaten thousands of American troops set to arrive across the border in Afghanistan this year, according to an exclusive interview with one of the commanders.”
* Christopher Hill, President Obama’s choice to be the next U.S. ambassador to Iraq got a boost yesterday with an endorsement from Sen. Richard Lugar (R) of Indiana.
* It’s not AIG, but some Fannie Mae executives are slated to get some generous bonuses, too.
* The Senate confirmed Ron Kirk today as the new U.S. Trade Representative. The final vote was 92 to 5.
* Vivek Kundra was quietly reinstated yesterday as the federal government’s chief information officer.
* Sarabeth makes the case that the AIG bonuses need a new name.
* The Congressional Research Service believes it’s likely unconstitutional for state legislatures to override state governors in accepting federal stimulus aid.
* Sen. Judd Gregg’s (R-N.H.) deeply held principles vary based on the president’s party.
* Don’t blame Chris Dodd for the AIG bonuses.
* Greg Sargent picks up on a point I touched on earlier: there’s an interesting split between far-right lawmakers and far-right activists on the AIG bonuses.
* Former Sen. Chuck Hagel (R-Neb.) believes his party needs “serious people to deal with serious issues and to govern seriously.”
* Dana Perino has a very strange sense of what constitutes “middle class.”
* Julian Zelizer makes the case that the GOP’s “small government” talk is hollow.
* CNN’s Lou Dobbs is so far gone, he attacked St. Patrick’s Day yesterday as a needless “ethnic holiday.” After asking for “an American Day,” the strange CNN personality added, “Is there a Jewish ethnic holiday? Is there one? No. Okay…. How about an Asian ethnic holiday? Is there one? You know, St. Jing-Tao-Wow?”
Anything to add? Consider this an open thread.