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10:55 AM ET, October 5, 2009

memeorandum

 Top Items: 
Alex Spillius / Telegraph:
Barack Obama furious at General Stanley McChrystal speech on Afghanistan  —  The relationship between President Barack Obama and the commander of Nato forces in Afghanistan has been put under severe strain by Gen Stanley McChrystal's comments on strategy for the war.
RELATED:
Elisabeth Bumiller / New York Times:
Clear Voice of Bush's Pentagon Becomes Harder to Hear  —  WASHINGTON — Gen. David H. Petraeus, the face of the Iraq troop surge and a favorite of former President George W. Bush, spoke up or was called upon by President Obama “several times” during the big Afghanistan strategy session …
Los Angeles Times:
Obama quietly tries to shore up Senate support for public option  —  The president has backed off from vocally supporting the idea of government-run healthcare, but he's working to build a coalition of supporters.  The challenge: Find a version that can pass.
RELATED:
J. Taylor Rushing / The Hill:
Reid, Baucus ready to split on public option as vote nears
Ben Cohen / The Huffington Post:
Why Rupert Murdoch Will Fire Glenn Beck  —  Rupert Murdoch is a smart man.  In the U.K, Murdoch aligns his newspapers with the popular political party and helps them enact their policies by giving them favorable coverage.  For the past 12 years, he supported the Labour Party.
RELATED:
Sam Jones / Guardian:
Waitrose dumps Fox after Obama attack  —  His last-minute Olympic sprint to back Chicago may have come to nothing, the Afghan quagmire may be bubbling away and Sarah Palin may be topping the bestseller list, but Barack Obama can at least take comfort from the fact that Britain's most upmarket supermarket chain is on his side.
Discussion: The Moderate Voice and Raw Story
Paul Krugman / New York Times:
The Politics of Spite  —  There was what President Obama likes to call a teachable moment last week, when the International Olympic Committee rejected Chicago's bid to be host of the 2016 Summer Games.  —  “Cheers erupted” at the headquarters of the conservative Weekly Standard …
The Politico:
GOP leaders to Steele: Back off  —  GOP leaders, in a private meeting last month, delivered a blunt and at times heated message to RNC Chairman Michael Steele: quit meddling in policy.  —  The plea was made during what was supposed to be a routine discussion about polling matters …
Associated Press:
Obama's Copenhagen trip wasn't cheap  —  WASHINGTON — President Barack Obama's failed bid to bring the 2016 Olympic Games to Chicago cost more than a bruised ego.  —  Taxpayers shelled out probably $1 million or more for the president, his wife and others to fly to Copenhagen and back to woo members …
Discussion: Michelle Malkin
RELATED:
Marty Peretz / The New Republic:
Rio, 1 — Chicago, 0.  The Politics of Narcissism and General McChrystal
Noel Sheppard / NewsBusters.org:
George Will: Obama Went to Copenhagen to Speak About Himself
Discussion: Weasel Zippers, Mediaite and QandO
Ann Althouse / Althouse:
Some thoughts on seeing “Capitalism: A Love Story.”  —  Here's the scene in the lobby at the Sundance Theater as we arrived for the 4:35 showing of Michael Moore's new movie:  —  “Dump ¢apitali$m/Join the Socialists.”  And, indeed, the movie was a big promotion of socialism.
Discussion: Moe Lane
Washington Post:
Hard-Core Free-Marketeer  —  A Conversation With Peter Schiff: Investor, Critic, Candidate … About 5,000 people contributed to this Web site that was set up by a few kids in California.  And then I set up my own exploratory site and said: “Well, you know, I'm thinking about running.
Discussion: TPMDC
Louise Story / New York Times:
Report on Bailouts Says Treasury Misled Public  —  WASHINGTON — The inspector general who oversees the government's bailout of the banking system is criticizing the Treasury Department for some misleading public statements last fall and raising the possibility that it had unfairly disbursed money to the biggest banks.
RELATED:
John Thune / Wall Street Journal:
Time for a TARP Exit Strategy
Discussion: msnbc.com
Adam Liptak / New York Times:
New Court Term Hints at Views on Regulating Business  —  WASHINGTON — The new Supreme Court term that begins Monday will be dominated by cases concerning corporations, compensation and the financial markets that could signal the justices' attitude toward regulatory constraints …
RELATED:
Joan Biskupic / USA Today:
Sandra Day O'Connor says rulings are being ‘dismantled’
Discussion: Associated Press
Julie Creswell / New York Times:
Buyout Firms Profited as a Company's Debt Soared  —  For most of the 133 years since its founding in a small city in Wisconsin, the Simmons Bedding Company enjoyed an illustrious history.  —  Presidents have slumbered on its mattresses aboard Air Force One.  Dignitaries have slept on them in the Lincoln Bedroom.
Discussion: The Baseline Scenario
RELATED:
Yves Smith / naked capitalism:   Quelle Surprise! …
John Harwood / New York Times:
The G.O.P. Campaign Message in a Word: Jobs, Jobs, Jobs  —  For President Obama and his party, last week brought another stiff dose of pain: the announcement of 263,000 more jobs lost, while unemployment ticked up to 9.8 percent.  —  And by all indications, Democrats must endure that form …
Bobby Jindal / Washington Post:
Some Republican Ideas for Health Care Reform  —  A majority of so-called Republican strategists believe that health care is a Democratic issue.  They are wrong; health care is an American issue, and the Republican Party has an opportunity to demonstrate that conservative principles work when applied to real-world problems.
Discussion: Commentary and Townhall.com
Bloomberg:
Roubini Says Stocks Have Risen ‘Too Soon, Too Fast’  —  Oct. 5 (Bloomberg) — New York University Professor Nouriel Roubini, who predicted the financial crisis, said stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors.
Discussion: DailyFinance
John Pomfret / Washington Post:
Obama's Meeting With the Dalai Lama Is Delayed  —  In an attempt to gain favor with China, the United States pressured Tibetan representatives to postpone a meeting between the Dalai Lama and President Obama until after Obama's summit with his Chinese counterpart, Hu Jintao, scheduled for next month …
 
 
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 More Items: 
Rich Miller / Bloomberg:
Unemployment Becoming Leading Indicator for Pimco's New Normal
Discussion: Commentary and New York Times
Peter Schweizer / Forbes:
A Poisonous Cocktail  —  Expanding the Community Reinvestment Act.
Discussion: AmSpecBlog
Dean Baker / American Prospect:
New Yorker Rewrites Economic History
Discussion: Felix Salmon and Taylor Marsh
 Earlier Items: 
Boris Johnson / Telegraph:
If Europe does get a president it definitely won't be Tony Blair
Discussion: Samizdata.net and European Tribune
Ross Douthat / New York Times:
Inequality as Usual  —  Not long ago, liberals were insisting …
Discussion: TBogg
Glenn Harlan Reynolds / Washington Examiner:
Nobody is applauding as Hollywood premieres Polanski defense
Discussion: LewRockwell.com Blog