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Stock Selloff May Have Been Triggered by a Trader Error — In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points before paring those losses—all apparently due to a trader error. — According to multiple sources, a trader entered a “b” …
Discussion:
The Hill, Left Coast Rebel, Hot Air, Wonkette, TechCrunch, Media Decoder, Gawker, New York Magazine and Indecision Forever
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Dow Takes Harrowing 1,010.14-Point Trip — Biggest Point Fall, Before a Snapback; A Data Jumble — Traders work on the floor of the New York Stock Exchange May 6. — A bad day in the financial markets was made worse by an apparent trading glitch, leaving traders and investors nervous …
Discussion:
The Huffington Post, CNBC, Ezra Klein, Associated Press, DailyFinance, Washington Post, Vanity Fair, Gothamist, Jay Bookman, Scared Monkeys, Fausta's Blog and Runnin' Scared

Let's shake it up in California! — I'd like to tell you about a Commonsense Conservative running for office in California this year. She grew up in a modest home with a school teacher dad, worked her way through several colleges, and then entered an arena where few women had tread.
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Tories ‘just short of majority’ — David Cameron will fall 21 seats short of a Commons majority, according to a BBC/Sky/ITV general election exit poll. — The Conservatives would have 305 MPs, up 95 on 2005, Labour would have 255, down 94, and the Lib Dems 61, down 1. Nationalists and others would have 29.
Discussion:
The Moderate Voice, Washington Post, The New Republic, Taylor Marsh, The Page and AmSpecBlog
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General election 2010: results - live! — • Exit poll shows Con 305, Lab 255, LD 61 — • Northern Ireland first minister Peter Robinson has lost his seat — • Tories say Brown will have no right to form government if exit poll accurate — • Labour making coalition overtures to Lib Dems


Students Kicked Off Campus for Wearing American Flag Tees — Freedom of expression or cultural disrespect on Cinco de Mayo? — TWITTER — On any other day at Live Oak High School in Morgan Hill, Daniel Galli and his four friends would not even be noticed for wearing T-shirts with the American flag.
Discussion:
Hot Air, The TrogloPundit, Liberty Pundits dot net, YID With LID, Right Pundits, Swampland, NewsReal Blog, Big Hollywood, The Jawa Report, Beltway Confidential, Little Green Footballs, The Foundry, Townhall.com, Pundit & Pundette, The Corner on National …, Associated Press, The Daily Caller, DaTechguy's Blog, The Right Scoop, Gateway Pundit and Pajamas Media
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Documents reveal AT&T, Verizon, others, thought about dropping employer-sponsored benefits — (Fortune) — The great mystery surrounding the historic health care bill is how the corporations that provide coverage for most Americans — coverage they know and prize — will react …
Discussion:
Power Line, The Corner on National …, Latest Open Salon Blog, Beltway Confidential and Berman Post
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Shocker: Major corporations may dump health insurance, pay penalties instead
Discussion:
Gateway Pundit, Liberty Pundits dot net, neo-neocon, THE ASTUTE BLOGGERS and USS Neverdock

Why the Media Ignored the Nashville Flood — As you may have heard, torrential downpours in the southeast flooded the Tennessee capital of Nashville over the weekend, lifting the Cumberland River 13 feet above flood stage, causing an estimated $1 billion in damage, and killing more than 30 people.
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Dems come out swinging against GOP consumer protection measure — Democrats came out swinging Thursday against a Republican proposal to change consumer protection rules in the new Wall Street reform bill. — President Barack Obama and Democrats in Congress loudly criticized an amendment …
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George Rekers Is a Homosexual, Escort Says — Rekers allegedly named his favorite maneuver the “long stroke” — a complicated caress “across his penis, thigh... and his anus over the butt cheeks,” as the escort puts it. “Rekers liked to be rubbed down there,” he says.
Discussion:
TPMMuckraker, Alan Colmes' Liberaland, Runnin' Scared, Right Now, La Figa, Mediaite, Newsweek Blogs, Gawker, Joe. My. God., The Awl, Truth Wins Out, New York Magazine, Towleroad News #gay, Wonkette, The Huffington Post, Unzipped.net, AMERICAblog Gay, The Stranger … and The Political Carnival


Greek Debt Crisis On Verge Of ‘Going Global’: Pimco's El-Erian — Problems with Greek debt are about to spread to other countries and could infect the US unless the nation tackles its own mounting problems, Pimco's Mohamed El-Erian told CNBC. — About an hour or so after El-Erian spoke …
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What the Hell Just Happened in the Market? — For those who don't have Bloomberg News on 24/7, the Dow just dropped almost 1,000 points, before bouncing back to . . . well, to being down a mere 400 points. What on earth is going on? — Immediate theories: — It was the computers, stupid.


Shahzad's Friends Describe a Growing Seriousness — Theirs was an arranged marriage: two well-educated children of prominent Pakistani families set up through a mutual friend. He was the quiet one; she was the one who laughed at parties. — The couple in this Web photo are identified as Faisal Shahzad and Huma Mian.
Discussion:
PostPartisan, Washington Post, CNN, Gawker, Beltway Confidential, Gothamist, Newsweek Blogs, The AfPak Channel, Sweetness & Light, The Lede, Guardian, Althouse, WCBS-TV, Telegraph and Wall Street Journal
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Congress, Up In Arms — There seems to be a strong sentiment in Congress that the only constitutional right suspected terrorists have is the right to bear arms. — “I think you're going too far here,” said Senator Lindsey Graham of South Carolina at a hearing of the Senate Homeland Security Committee on Wednesday.
Discussion:
The New Republic, Washington Monthly, The Huffington Post, Hullabaloo, TalkLeft, Daily Kos and New York Magazine
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They're Calling It the “TEA” Act. — Legal experts, including former State Department Legal Adviser John Bellinger, have already slammed Sen. Joe Lieberman's proposal to strip citizenship from American citizens accused of being involved with a foreign terrorist organization.
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Navy SEAL Found Not Guilty of Assaulting a Suspected Terroristyeah, — Military jury found a Navy SEAL not guilty on charges of punching a suspected Iraqi terrorist.

DCCC to ‘re-evaluate’ Hawaii special — The Democratic Congressional Campaign Committee is re-evaluating whether to continue to spend money in this month's Hawaii special election, Chairman Chris Van Hollen told POLITICO Thursday. — With former Democratic Rep. Ed Case …


Poll: Charlie Crist holds lead in U.S. Senate race — for now — Gov. Charlie Crist holds an early lead as an independent candidate in the U.S. Senate race, but his edge is a “proverbial house of cards,” according to a new poll, because support from Democratic and black voters is unlikely to hold up through the Nov. 2 election.

Truth is the First Casualty of Kos — Last Friday Markos Moulitsas, the Kos in DailyKos, put up a fundraising post titled “AR-Sen: Hell to Pay: Chamber-backed group runs racist ad against Bill Halter.” After displaying the ad the bulk of the post starts with “The group running this ad is funded by the U.S. Chamber of Commerce...”


Rove, GOP plot vast network to reclaim power — The Republican Party's best-connected political operatives have quietly built a massive fundraising, organizing and advertising machine based on the model assembled by Democrats early in the decade, and with the same ambitious goal — to recapture Congress and the White House.

Dem chair: Sestak win ‘cataclysmic’ — The chairman of the Pennsylvania Democratic Party issued a severe warning to members of his party this week, declaring that nominating Rep. Joe Sestak over Sen. Arlen Specter could have “cataclysmic” consequences for the Senate campaign this fall.

Comedy Central developing Jesus Christ cartoon — Comedy Central might censor every image of the Prophet Muhammad on “South Park,” yet the network is developing a whole animated series around Jesus Christ. — As part of the network's upfront presentation to advertisers (full slate here) …
Discussion:
Right Pundits, Big Hollywood, Liberty Pundits dot net, The Daily Caller, Hot Air, Townhall.com, NewsBusters.org, Weasel Zippers, Gawker and alicublog

Eric Cantor: Not Jewish Enough for Matt Yglesias — By: Kevin D. Williamson — I hate even to take notice of this sort of thing, but it is bothersome: … Just as Clarence Thomas and Condoleezza Rice are abominated for the crime of being black and conservative, Miguel Estrada for being Hispanic …


Dems fear losing four-decade grip on Pa. seat — JOHNSTOWN, Pa. — In what was the late U.S. Rep. John Murtha's western Pennsylvania district — reachable through John Murtha Johnstown-Cambria County Airport or John P. Murtha Highway — Democrats watch nervously, hoping his former top aide can hold on to the House seat.
Discussion:
AmSpecBlog, Hot Air, The Politico, JammieWearingFool, Right Pundits, The Other McCain and National Review