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11:40 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 …
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:
Sean Lengell / Washington Times:
Study: Bernanke, Paulson misled public on bailouts
Discussion: Townhall.com and Politics Daily
John Thune / Wall Street Journal:   Time for a TARP Exit Strategy
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 $1 million or more for the president, his wife and others to fly to Copenhagen and back to woo members …
Discussion: Michelle Malkin and Althouse
RELATED:
Noel Sheppard / NewsBusters.org:
George Will: Obama Went to Copenhagen to Speak About Himself
Discussion: Weasel Zippers, Mediaite and QandO
Marty Peretz / The New Republic:
Rio, 1 — Chicago, 0.  The Politics of Narcissism and General McChrystal
Ann Althouse / Althouse:
Some thoughts on seeing “Capitalism: A Love Story.”  —  Here's the scene in the lobby at the Sundance Theater as we arrived for the 4:35 showing of Michael Moore's new movie:  —  “Dump ¢apitali$m/Join the Socialists.”  And, indeed, the movie was a big promotion of socialism.
Discussion: Moe Lane
Joan Biskupic / USA Today:
Sandra Day O'Connor says rulings are being ‘dismantled’  —  WILLIAMSBURG, Va. — Retired Supreme Court justice Sandra Day O'Connor says she regrets that some of her decisions “are being dismantled” by the current Supreme Court.  —  O'Connor, who generally has avoided questions on the substance …
Discussion: Associated Press
RELATED:
Dean Baker / American Prospect:
New Yorker Rewrites Economic History  —  People following the financial meltdown would be surprised to read in the New Yorker's profile of National Economic Council Chairman Larry Summers that: “the banks with combined commercial and investment operations fared the best.”  Yeah, Citigroup is doing just great.
Discussion: Felix Salmon
RELATED:
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.
RELATED:
Yves Smith / naked capitalism:   Quelle Surprise! …
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.
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: Economy Watch and TPMDC
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 …
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 …
Howard Kurtz / Washington Post:
He's Back, Hat in Hand  —  Chastened by Reaction To His Rutgers Women's Basketball Team Comments, an ‘Older And Wiser’ Don Imus Returns to TV on the Fox Business Network  —  After holding forth for hours behind the mike on everything from Roman Polanski to Afghanistan …
 
 
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 More Items: 
Associated Press:
Three Americans Share Nobel Prize for Medicine
Rich Miller / Bloomberg:
Unemployment Becoming Leading Indicator for Pimco's New Normal
Discussion: Commentary
Peter Schweizer / Forbes:
A Poisonous Cocktail  —  Expanding the Community Reinvestment Act.
Discussion: AmSpecBlog
 Earlier Items: 
Bloomberg:
Roubini Says Stocks Have Risen ‘Too Soon, Too Fast’
Discussion: DailyFinance
Ross Douthat / New York Times:
Inequality as Usual  —  Not long ago, liberals were insisting …
Discussion: TBogg