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10:15 AM ET, January 21, 2010

memeorandum

 Top Items: 
Paul Krugman:
He Wasn't The One We've Been Waiting For  —  Health care reform — which is crucial for millions of Americans — hangs in the balance.  Progressives are desperately in need of leadership; more specifically, House Democrats need to be told to pass the Senate bill, which isn't what they wanted but is vastly better than nothing.
RELATED:
Brian Beutler / TPMDC:
U-Turn: Frank Says, With Assurances, He'll Vote For The Senate Health Care Bill  —  In an interview with TPMDC this evening, Rep. Barney Frank (D-MA) reversed course—apologizing for a harsh statement he released last night in the wake of the Massachusetts special election, and saying …
Greg Sargent / The Plum Line:
House Liberals To Pelosi: “We Cannot Support The Senate Bill.  Period.”  —  In a private meeting in the Capitol just now, a dozen or more House liberals bluntly told Nancy Pelosi that there was no chance that they would vote to pass the Senate bill in its current form …
msnbc.com:
Edwards admits fathering child with mistress  —  Former presidential candidate promises to support his 2-year-old daughter  —  John Edwards' attorneys say he's been providing financial support for 2-year-old Quinn for about a year, and just signed a child support agreement with Rielle Hunter.
RELATED:
ABCNEWS:
John Edwards Admits He Fathered Rielle Hunter's Child  —  Former Aide Says Edwards Had Him Steal Diaper to Secretly Check His Paternity  —  Former presidential candidate John Edwards abandoned his long denial that he had fathered a child during an affair with a campaign aide and admitted today …
Michelle Malkin:
The soap opera of John Edwards  —  He already admitted he had lied repeatedly about his affair with Rielle Hunter.  Then in August 2008, after admitting he had become “increasingly egocentric and narcissistic,” he told the press he “will have nothing more to say.”
Garance Franke-Ruta / Washington Post:
John Edwards admits paternity
Discussion: Lynn Sweet and D.C. Now
CNN:
John Edwards admits he fathered child with mistress
Discussion: Conventional Folly
New York Times:
Obama to Propose Limits on Risks Taken by Banks  —  WASHINGTON — President Obama on Thursday will publicly propose giving bank regulators the power to limit the size of the nation's largest banks and the scope of their risk-taking activities, an administration official said late Wednesday.
RELATED:
Wall Street Journal:
Proposal Set to Curb Bank Giants  —  WASHINGTON—President Barack Obama on Thursday is expected to propose new limits on the size and risk taken by the country's biggest banks, marking the administration's latest assault on Wall Street in what could mark a return, at least in spirit …
Simon Johnson / The Baseline Scenario:
Paul Volcker Prevails
Glen Johnson / Associated Press:
Brown heads to Washington after upset Senate win  —  BOSTON — Massachusetts Republican Scott Brown, whose surprise win in the race to fill the late Sen. Edward M. Kennedy's seat created the sonic boom heard all the way to Washington, was visiting the nation's capital Thursday to pay a round of courtesy calls on his new colleagues.
RELATED:
Erika Lovley / The Politico:
AYLA BROWN: ‘AVAILABLE’ COMMENT ‘OFF SCRIPT’
Discussion: Hot Air
Gail Collins / New York Times:
Democratic Silver Linings
Rasmussen Reports:
Election 2010: Missouri Senate  —  2010 Missouri Senate: Blunt (R) 49%, Carnahan (D) 43%  —  Republican Roy Blunt now holds a six-point lead over Democrat Robin Carnahan in Missouri's race for the U.S. Senate.  —  A new Rasmussen Reports telephone survey of likely voters in the state finds Blunt ahead of Carnahan 49% to 43%.
RELATED:
Rasmussen Reports:
Senate 2010: More Shocks on the Way  —  A Commentary By Larry J. Sabato  —  With Tuesday night's upset by Republican Scott Brown in Massachusetts, the GOP gained more than just a 41st vote to disrupt the Obama agenda.  As attention turns to the midterm elections in November, the Republican Party has strong momentum.
Josh Marshall / Talking Points Memo:
Relieved  —  I want to recommend that everyone read the email we just got from a Senate staffer who will have to remain anonymous.  Here's one part of the email that stood out to me.  The whole thing is after the jump ...  Here's the whole thing.
johnny dollar's place:
CNN, MSNBC Cut Republican Candidate's Mic!  —  During Tuesday night's coverage of the Massachusetts special election, CNN and MSNBC aired only a fraction of the Republican candidate's speech.  Fox News Channel aired both candidates' speeches in their entirety.
RELATED:
Aaron Blake / The Hill:
In aftermath, Dems debate path of party
Discussion: NY Post
Peter Baker / New York Times:
Obama Trying to Turn Around His Presidency  —  WASHINGTON — Chastened and bruised, President Obama on Wednesday began the daunting process of trying to turn around his presidency in a drastically altered political environment that will test his leadership, his instincts and his political dexterity as never before.
RELATED:
Scott / Power Line:
Courting Disaster with Christiane Amanpour  —  Marc Thiessen is the author of Courting Disaster: How the CIA Kept America Safe and How Barack Obama Is Inviting the Next Attack , about which he wrote for us here.  As White House speechwriter for George Bush, Thiessen was locked in a secure room …
Discussion: RedState and Erick's blog
RELATED:
Advocate:
Cindy McCain Poses for NOH8  —  The NOH8 Campaign on Wednesday announced that Cindy McCain, the wife of former Republican presidential nominee Sen. John McCain, has posed to demonstrate her support of marriage equality.  NOH8's Adam Bouska has photographed thousands of subjects since California passed Proposition 8 in 2008.
RELATED:
David Sessions / Politics Daily:
Cindy McCain Poses for Ad Supporting Gay Marriage
Discussion: Associated Press
Megan McArdle:
The Health Care Grassroots Game  —  I'm seeing a lot of liberals urging their folks to call their congressmen and create pressure for a “yes” vote on the Senate bill.  That's going to be an uphill slog, because of simple math.  The progressives are never, ever, going to vote for a Republican.
Royal Family / Telegraph:
Muslim police say Islam not to blame for terror attacks  —  Muslim police officers have rebelled openly against the Government's anti-terrorism strategy, warning that it is an “affront to British values” which threatens to trigger ethnic unrest.  —  The National Association of Muslim Police …
Myglesias / Matthew Yglesias:
Inside the Beltway  —  Gabe Sherman has a very interesting article on problems at the Washington Post, but I'm going to dedicate my post to taking issue with one small part of it: … I think the idea that the Post “can't” go local is just a mistake.  This is a very large metropolitan area.
Bloomberg:
Buffett Says He Can't See Rationale for Bank Levy  —  Jan. 20 (Bloomberg) — Warren Buffett opposes President Barack Obama's proposed levy on financial institutions because firms including Goldman Sachs Group Inc. and Wells Fargo & Co. already repaid bailout funds.
Discussion: naked capitalism and GINA COBB
Khaled Abu Toameh / Jerusalem Post:
'Hamas accepts Israel's right to exist'  —  Article's topics: Hamas, West Bank, Aziz Dwaik, Gilad Schalit, Gaza  —  Hamas has accepted Israel's right to exist and would be prepared to nullify its charter, which calls for the destruction of Israel, Aziz Dwaik, Hamas's most senior representative in the West Bank, said on Wednesday.
Discussion: Commentary
 
 
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 More Items: 
The Huffington Post:
State Regulators Warn Of Failing Foreclosure Prevention Efforts
Discussion: Wonk Room
Ben Smith / Ben Smith's Blog:
Not persuasive  —  Another moment of self-awareness …
Discussion: Time and AmSpecBlog
Alissa J. Rubin / New York Times:
Taliban Overhaul Image to Win Allies
NASDAQ.com:
Among Democrats, Calls To Extend Bush Tax Cuts
Glenn Thrush / The Politico:
Senate loss puts the burden on Pelosi
The Politico:
Obama's first year: What went wrong
Fox News:
Palin on Mass. Senate Shocker: ‘The Status Quo is Not Acceptable’
 Earlier Items: 
BBC:
China's economy resumes rapid growth
Discussion: PoliBlog and Truthdig
Byron York / Washington Examiner:
FBI Director: I wasn't consulted on how to charge Abdulmutallab
Johnny Dollar / Olbermann Watch:
Plan 9 from OlbyPlanet!  —  In Keith Smears Hannity …
Discussion: Doug Ross
Roderick Long / Cato Unbound:
The Winnowing of Ayn Rand
Discussion: Hit & Run
Megan McArdle:
Killing Off the Insurers the Conservative Way
Discussion: EconLog and In The Agora