This just in! Just watch this You Tube:

President Barack Obama in his weekly radio/You Tube address argues that his economic stimulus plan is indeed working but needs more time: But — most assuredly — not everyone agrees with Obama. Here is how Reuters puts his comments in context: President Barack Obama said on Saturday more time was needed for his $787 billion (485 billion pound) stimulus package to work, predicting the spending would have a bigger impact on the economy later this year. In an advanced text of his weekly...

A MUST READ from Joe Conason. NOTE: this can shift again, depending on how wise (or unwise) some people are and how wise (or unwise) two parties are.

Yes, news in the Internet age is almost instantaneous but the frustrations can last a bit longer. If you were reading TMV the past 30 minutes you may have noticed a major error in my GM post. In fact, that error was fixed in editing — but when it was posted there was a network issue at the moment it was posted and the post went up with the phrase that was removed. But that’s only part of it: the network issue locked us out of TMV totally for a while so no one on TMV could get in and...

The big financial news is now breaking: General Motors has emerged out of bankcruptcy 40 days later. The operative question will become: is it now sufficiently leaner…and wiser? General Motors emerged from bankruptcy early this morning, with chief executive Fritz Henderson promising that the fallen corporate giant will be reformed and that “business as usual at GM is over.” The announcement signals the completion of one of the largest bankruptcies in U.S. history and the next step...

Can you guess what it is? Read Phil Bronstein HERE.

Our political Quote of the Day comes from David Broder, who writes this about former Vietnam-war era Secretary of Defense Robert McNamara and soon to be former Alaska Gov. Sarah Palin: McNamara stayed too long and left too quietly. Palin is bailing out on her people far too soon. Neither can serve as an example for those in government wrestling with the decision of when to quit. UPDATE: We’ll also add this item from MSNBC’s First Read: Republican strategist (and NBC analyst) Mike Murphy...

A new report raises questions about one of soon-to-be-former Alaska Governor Sarah Palin’s stated reasons for her stunning announcement that she plans to resign before completing her first term — but a new poll shows that the bulk of Republicans love her, resignation or no resignation. Which raises a tantalizing question: if the reading on this new poll and previous polls hold up, it means Palin is a Republican loved by her own party but increasingly rejected by Democrats and independent...

Let’s deep six dwelling on stars of the past. And who needs American Idol? Here’s a REAL kid musical star of the future via You Tube (the cell phone ring you’ll hear isn’t yours but is on the video):

Strip away all of the controversy over his life, all of the overblown language and controversy raging about whether he was or wasn’t the “greatest entertainer in all of history,” or bigger and better than Elvis Presley, and there is one fact about Michael Jackson’s death: He’s leaving his children behind — and like most young kids who lose a parent, they are in a world of hurt. And it was perhaps symbolic, and an important reminder, when his tear-stricken 11-year-old...

Several news organizations and outlets are offering embeds that allow sites to offer live video of the highly-touted — and likely to be heavily attended — memorial service for Michael Jackson at the Staples Center in L.A. Live streaming starts at at 12:55pm ET / 9:55am PT. Here are two: HULU KTLA   If you want to visit other sites that offer live streaming START HERE. Meanwhile it turns out that Michael Jackson’s casket will be taken to this big memorial service at the Staples...

You Tube has spawned a virtual cottage industry in an host of screamingly funny, often profane, and almost always politically incorrect series of spoofs using from the footage from the superb German, award winning film “Downfall” in which German dictator Adolph Hitler goes bananas after getting bad news in his bunker. You guessed it: the real subtitles are omitted and new ones are inserted. We’ve run several of those here before (with a warning about adult language). And here...

“No!” That’s the message some big banks will reportedly start giving on Friday when they are presented with California IOUs, the Wall Street Journal reports — in yet another sign of how far California’s financial clout and status have fallen: A group of the biggest U.S. banks said they would stop accepting California’s IOUs on Friday, adding pressure on the state to close its $26.3 billion annual budget gap. The development is the latest twist in California’s...

Our political Quote of the Day comes from The Weekly Standard’s Fred Barnes who answers the question: how badly has soon-to-be-former Alaska Gov. Sarah Palin hurt her 2012 Presidential chances by her abrupt announcement that she’ll resign? Given that this is coming from Barnes, this is bad: Forget about Sarah Palin as the Republican presidential candidate in 2012 and probably ever. She may have no interest in seeking the GOP nomination. But if she does, her chances of winning the nomination...

President Barack Obama is sending Russia’s Vladimir Putin a not-so-subtle message: cold war politics are outdated and belong to the past: Barack Obama has chided Vladimir Putin, the Russian prime minister, for “cold war approaches” to relations with the US, saying Putin had “one foot in the old ways of doing business and one foot in the new”, just days before the two men meet in Moscow. In an interview with the Associated Press, Obama said the US was developing a “very...

If you buy a DVD set of a TV series, here is a hint: start with the first year. It’s the first year of a television series where it had to be good enough to survive or to develop as the season went on. Law & Order: Criminal Intent is perhaps the most intriguing of Dick Wolfe’s L&O mega-franchise. His inspiration for it was reportedly Arthur Conan Doyle’s Sherlock Holmes and Watson. And in this must-own set, you can see this embryonic idea there — quickly taking...

Our political Quote of the Day comes from this acid column on soon-to-be-former Alaska Gov. Sarah Palin by New York Times columnist Maureen Dowd: Why not? Palin/Sanford in 2012, with the slogan: “Save time — we’re already in Crazy Town.” On Palin’s surprise resignation announcement Dowd writes: What looked like a secret wedding turned out to be a public unraveling as the G.O.P. implosion continued: Sarah wanted everyone to know that she’s not having fun and people are being mean to...

Did anyone really think soon-to-be resigned and former Alaska Governor Sarah Palin intended to go quietly into the political night? She never said that — and now some new legal news related event attests to that. First, the FBI quickly shot down reports suggesting that Palin is being investigated on corruption charges. Meanwhile, Palin’s lawyer issued a stern warning to the news media that Palin will go after those who pick up and publish defamatory, speculative material from weblogs....

So yesterday was America’s birthday — and what better way to celebrate it by showing you two versions of that classic American song…Cuban Pete? Jim Carrey popularized it with new generations in the 1994 movie “The Mask.” But first, here’s the originator of the song — Desi Arnaz doing the song his way in the 1950s — in the number Jim Carrey emulated: Five years later, on the same show, “I Love Lucy,” he did it alone: And now here’s...

Conservative talker Mark Levin was breaking the news yesterday about Sarah Palin’s resignation as Governor of Alaska to his listeners, many of whom would likely be among her staunchest fans. He talked about the slew of failed ethics violations charges brought against her by opponents in Alaska and said she was under constant fire because the liberal media and the Democrats feared her. Journalists, Democrats, many independent voters might answer a huge “NOT!!!” to that one (for...

Our political Quote of the Day comes from Sen. Patrick Leahy, D-Vt, on GOP opposition to President Barack Obama’s Supreme Court nominee Sonia Sotomayor: Sen. Patrick Leahy, D-Vt., chairman of the Senate Judiciary Committee, which will begin confirmation hearings July 13, shrugged off the GOP concerns being raised about Sotomayor, saying some in the GOP were going to oppose any Obama pick – “even if the president had nominated Moses.” Republicans “were going to object...

With America mired in a recession, and the latest job numbers worse than expected, it’s a natural “hook” for a story about fireworks throughout the country. Is the recession causing fireworks displays to fizzle? There are some contradictory reports. For instance, NBC News reports that financial crisis has caused many communities to either eliminate fireworks, cut back or consider not lighting up the sky next year: The skies will be dark and silent over Colorado Springs, Colo.,...

There’s bad economic news for the nation and, in political terms, for the Obama administration: new statistics indicate the job market has worsened and that the stimulus package isn’t doing anything yet on the labor front: Employers in the U.S. cut 467,000 jobs in June, the unemployment rate rose and hourly earnings stagnated, offering little evidence the Obama administration’s stimulus package is shoring up the labor market. The payroll decline was more than forecast and followed...

Could this ultimately end in charges of criminal manslaughter?

Our political Quote of the Day comes from a must-read-in-full piece by Dick Polman, as he notes that Al Franken finally being declared the winner in the hotly contested Minnesota race will most assuredly not mean easy sailing for Democrats — and could foreshadow problems for President Barack Obama: Unless Obama can somehow twist arms in the tradition of Lyndon Johnson, it’s hard to see how he can herd the 60 cats. And not even LBJ, if resurrected today, could twist arms the way he did...