The Note: Economics 101

Steve Hildebrand tells the AP that former Senator Tom Daschle (D-SD) is heading back to Iowa next month for his second speech there in the span of three months. LINK

2006:

Per the New York Post, New York's state GOP chair yesterday filed a FOIA request for all of Attorney General – and gubernatorial candidate – Eliot Spitzer's e-mails regarding "threats" he may have made against former Goldman Sachs chairman John Whitehead and talk show host Sean Hannity. LINK

The Schwarzenegger Era:

The sweeping proposals outlined by Gov. Schwarzenegger at his State of the State address yesterday met with "tepid applause and, later, guarded comments" as legislators seemed "stunned" by the cost of the programs outlined in the speech. LINK

But the New York Times says the proposals were "applauded by Democrats." LINK

And the Los Angeles Times Notes that Schwarzenegger's speech amounted to a shift to the center, a tactically smart move that the paper says will make it harder for him to be painted as an out-of-touch conservative. LINK

More State of the State reaction, courtesy of the San Francisco Chronicle. LINK

Bloomberg's William Selway and Michael B. Marois have Senate President Don Perata, an Oakland Democrat, reacting to Schwarzenegger's $222 billion public works plan by saying: "It's impossible to grasp,. I don't know if there is enough available cash to pay the debt service on a bond like that.'' LINK

Political potpourri:

The New York Times' Jodi Wilgoren asks if Chicago Mayor Richard Daley, the man known as Mayor for Life, may have reached the nadir of his long political career. LINK

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