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2:35 PM 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 …
Ed Morrissey / Hot Air:
Telegraph: Obama furious over McChrystal speech in London
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:
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.
The Note:
Frist Backing Health Care Bill? Not So Fast...
Discussion: The Hill and Hot Air
J. Taylor Rushing / The Hill:
Reid, Baucus ready to split on public option as vote nears
Fox News:
Obama Holds Doctors' Summit in Effort to Promote Health Care Overhaul
Discussion: The Foundry and Gateway Pundit
Carrie Budoff Brown / The Politico:
No vote until later this week — at the earliest
Discussion: Weekly Standard
RELATED:
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:
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 …
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 and Raw Story
RELATED:
Federal Trade Commission:
FTC Publishes Final Guides Governing Endorsements, Testimonials  —  Changes Affect Testimonial Advertisements, Bloggers, Celebrity Endorsements  —  The Federal Trade Commission today announced that it has approved final revisions to the guidance it gives to advertisers on how to keep …
Matthew Jaffe / ABCNEWS:
Government Watchdog Says Treasury and Fed Knew Bailed-Out Banks Were Not Healthy  —  Senior Officials Had Financial Concerns About Nine Bank Instiutions Receiving TARP Funds  —  The Treasury Department and the Federal Reserve lied to the American public last fall when they said that the first nine banks …
RELATED:
Jeremy W. Peters / The Caucus:
Obama to Address Gay Rights Organization  —  President Obama will speak to a gathering of gay rights activists this weekend, a day before thousands of people are expected to march on Washington in a demonstration calling for greater legal protections for gays, lesbians and transgendered Americans.
Brian W. Walsh / Washington Times:
Criminalizing everyone  —  Needed: A ‘clean line’ to determine lawfulness  —  “You don't need to know.  You can't know.”  That's what Kathy Norris, a 60-year-old grandmother of eight, was told when she tried to ask court officials why, the day before, federal agents had subjected her home to a furious search.
Discussion: The Jawa Report
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: The Hill, Economy Watch and TPMDC
Ross Douthat / New York Times:
Inequality as Usual  —  Not long ago, liberals were insisting that income inequality was America's most serious economic problem.  —  Now there are more immediate crises: A 9.8 percent unemployment rate, a yawning budget deficit.  But the inequality issue hasn't gone away.
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.
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: 
Wall Street Journal:
Clunkers in Practice  —  One of Washington's all-time dumb ideas.
Rob Raffety / NY Daily News:
Clunker cash is going to cost the U.S. dearly
Yaakov Katz / Jerusalem Post:
'Hamas may put Gazans on Strip's border'
Discussion: Weekly Standard and Israel Matzav
 Earlier Items: 
Associated Press:
Three Americans Share Nobel Prize for Medicine
Dean Baker / American Prospect:
New Yorker Rewrites Economic History
Bloomberg:
Roubini Says Stocks Have Risen ‘Too Soon, Too Fast’
Discussion: DailyFinance
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Paige Smith / Bloomberg:
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks

 
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