Top Items:
Christine Hauser / New York Times:
U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9% — The American economy added an unexpectedly strong 290,000 jobs in April, while the unemployment rate rose to 9.9 percent, the government said Friday. — Analysts had expected a gain of about 190,000 in the month.
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Steve Benen / Washington Monthly:
AT LONG LAST, U.S. JOB MARKET STARTS TO LOOK PRETTY GOOD.... It seemed all but certain that the economy added jobs in April; the question was how many, and the extent to which the larger trend would be encouraging or discouraging. — With that in mind, the new from the Bureau of Labor Statistics offered …
Catherine Rampell / Economix:
Comparing This Recession to Previous Ones: Job Changes — Horizontal axis shows months. Vertical axis shows the ratio of that month's nonfarm payrolls to the nonfarm payrolls at the start of recession. Note: Because employment is a lagging indicator, the dates for these employment trends …
Discussion:
Eschaton
Jeannine Aversa / Associated Press:
Jobs up 290,000; jobless rate rises to 9.9 pct. — WASHINGTON — More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as people streamed back into the market looking for work.
BBC:
Brown ‘respects’ Clegg-Tory talks — Gordon Brown has said he “respects” the right of the Lib Dems to talk to the Tories about forming a government. — But he said he was still PM and, if talks failed, would open negotiations with the Lib Dems, after the election resulted in a hung parliament.
Discussion:
Guardian, Washington Post, msnbc.com, Online NewsHour, Outside The Beltway, Wonkette, Politics Daily and The Agonist
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Peter Riddell / Times of London:
Analysis: the only certainty is another general election — Any government formed in the next few days will not be able to command a stable or overall majority in the Commons. So the new Parliament is unlikely to last more than a year or so. A second general election is probable either later this year or in the spring of 2011.
Mike Allen / The Politico:
Obama's Court pick is imminent — POTUS to seek line-item veto — Britain sorting out ‘hung parliament’ — Did Dow tank on ‘fat finger error’? — Palin + Facebook = Yahtzee — DRIVING NEXT WEEK — Look for President Obama to name his Supreme Court pick Monday, and look …
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Jackie Calmes / New York Times:
Obama to Seek More Power to Cut Spending From Bills — WASHINGTON — President Obama, in his latest effort to signal fiscal responsibility against the rising debt, plans this month to ask Congress to give him and future presidents greater power to try to delete individual items from spending bills.
Joe / Joe. My. God.:
My Interview With Jo-Vanni Roman — Around 1am this morning I got tipped by one of the guys at Unzipped that Jo-Vanni Roman was finally ready to speak with me. Five minutes later I had him on the phone from Fort Lauderdale, but not before I alerted Father Tony to be ready to rush over to him immediately for a video interview.
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Miami New / Riptide 2.0:
Things Rekers Said To Lucien When He Didn't Think We Were Listening — Anti-gay activist George Alan Rekers contends in an earlier post on Riptide that he did not hire a young gay escort named Lucien as a prostitute. But what the minister — who hasn't returned calls seeking comment …
The Huffington Post:
Senate Votes For Wall Street; Megabanks To Remain Behemoths — What's Your Reaction: … A move to break up major Wall Street banks failed Thursday night by a vote of 61 to 33. — Three Republicans, Richard Shelby of Alabama, Tom Coburn of Oklahoma and John Ensign of Nevada …
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Myglesias / Matthew Yglesias:
The ECB's Bad Reputation — Neal Irwin explains that the European Central Bank could take decisive action to avert disaster in Europe but almost certainly won't for no real reason: … Dean Baker wonders what about the ECB's reputation as a competent central bank, arguing:
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New York Times:
Bill Targets Citizenship of Terrorists' Allies — WASHINGTON — Proposed legislation that would allow the government to revoke American citizenship from people suspected of allying themselves with terrorists set off a legal and political debate Thursday that scrambled some of the usual partisan lines on civil-liberties issues.
Discussion:
Little Green Footballs, TalkLeft, Boston Globe, Senator Joseph Lieberman (CT), Washington Monthly, Truthdig and Commentary
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New York Times:
High-Speed Trading Glitch Costs Investors Billions — The glitch that sent markets tumbling Thursday was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200. — The old system of floor traders matching buyers …
Discussion:
Mother Jones, Democracy in America, Felix Salmon, New York Magazine, Clusterstock, DealBook, Gothamist and Opinions You Should Have
The Smoking Gun:
For Airport Security, Size Matters — Cops: New high-tech screener triggered fight over manhood insult — A Transportation Security Administration screener is facing an assault rap after he allegedly beat a co-worker who joked about the size of the man's genitalia after he walked through a security scanner.
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Nicholas Wade / New York Times:
Signs of Neanderthals Mating With Humans — Neanderthals mated with some modern humans after all and left their imprint in the human genome, a team of biologists has reported in the first detailed analysis of the Neanderthal genetic sequence. — The biologists, led by Svante Paabo …
Amanda Terkel / Think Progress:
The ‘Woodstock’ of Tea Parties planned for 9/11 anniversary. — Last year, the Tea Party movement gathered in Washington, DC for a widely publicized rally on Sept. 12. Fox News host Glenn Beck, the brains behind the march, implored people to attend by saying that they “may be the only thing that stands between freedom and slavery.”
Wall Street Journal:
Goldman, SEC Discuss Settlement — Sides Remain Far Apart as Criminal Probe, Deal Structure Pose Hurdles; Shareholder Meeting Today — Goldman Sachs Group Inc. lawyers met this week with representatives of the Securities and Exchange Commission in a first step toward a potential settlement …
Discussion:
Clusterstock, Law Blog, Deal Journal, Balloon Juice, DealBook and The Corner on National …
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Dave Itzkoff / ArtsBeat:
Michael Moore Says Judge's Ruling Could Have ‘Chilling Effect’ on Documentaries — The director Michael Moore says that a federal judge's ruling to allow Chevron to subpoena footage from the documentary “Crude” could have dire consequences on the documentary filmmaking process …
Ben Geman / The Hill:
Lieberman: Offshore drilling in climate bill getting a ‘second look’ — Sen. Joe Lieberman (I-Conn.), a chief architect of the upcoming Senate climate and energy bill, said Thursday that offshore oil-and-gas drilling provisions in the measure are getting a “second look.”
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