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 …
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Phil Izzo / Real Time Economics:
Broader U-6 Unemployment Rate Increases to 17.1% in April — The U.S. jobless rate rose to 9.9% in April, the first increase in three months, but the government's broader measure of unemployment ticked up for the third month in a row, rising 0.2 percentage point to 17.1%.
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
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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The Huffington Post:
Elena Kagan Will Be Obama's Supreme Court Pick: Mike Allen [UPDATE] — WHAT'S YOUR REACTION? — Updates below... President Obama is expected to nominate Solicitor General and former Harvard Law dean Elena Kagan to the Supreme Court on Monday, Mike Allen reports.
Discussion:
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Jackie Calmes / New York Times:
Obama to Seek More Power to Cut Spending From Bills
Obama to Seek More Power to Cut Spending From Bills
Discussion:
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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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Paul Krugman / New York Times:
A Money Too Far — So, is Greece the next Lehman? No. It isn't either big enough or interconnected enough to cause global financial markets to freeze up the way they did in 2008. Whatever caused that brief 1,000-point swoon in the Dow, it wasn't justified by actual events in Europe.
Discussion:
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Dean Baker / TPMCafe:
Unwashed Masses 1, Fed 0: Sanders Scores — The effort to audit the Fed got a big boost last night when Senator Bernie Sanders reached an agreement with Chris Dodd, the chair of the banking committee. Under the deal, the Government Accountability Office (GAO) would undertake a full audit …
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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.
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Andrew Malcolm / Top of the Ticket:
Al Franken takes over the U.S. Senate floor to explain a newspaper cartoon to the waiting nation — All we can say is thank goodness Minnesota's newest Democratic U.S. senator, Al Franken, was on duty Thursday. — We were poring through one of America's most glorious man-caused treasures …
Discussion:
Hot Air
General David H. Petraeus / American Enterprise …:
The Surge of Ideas — COINdinistas and Change in the U.S. Army in 2006 … Good evening to you all. Thanks for that warm welcome. And thanks, Arthur, for that very kind introduction. — Earlier today, as I was talking with my wife about tonight's speech, she reminded me of a story …
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AmSpecBlog
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Greg Sargent / The Plum Line:
Prominent GOP pollster: Times Square bomb scare gives Republicans an “opportunity” — Whit Ayres is a prominent Republican pollster who has co-founded something called “Resurgent Republic,” which bills itself as a message testing outfit for GOP lawmakers — part of an effort by Republicans …
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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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Ezra Klein:
Secret holds are not the problem (but the Democrats would like to make them the problem) — I've never been able to get a straight answer on why, exactly, senators should be able to place anonymous holds on nominees. I can see the arguments for holds themselves: They allow senators …
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Steve Benen / Washington Monthly:
AN INANE LOOK AT THE NATIONAL DAY OF PRAYER.... Yesterday was the official “National Day of Prayer,” held annually on the first Thursday in May by congressional decree. The “holiday,” such as it is, was a little more noticeable this year than most because of a recent federal court ruling …
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:
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Gary Langer / ABCNEWS:
Poll: Half of ‘Birthers’ Call It ‘Suspicion’ — Obama's Birthplace Has Been Subject of Controversy Since Election — Fourteen percent of Americans say without prompting that they think Barack Obama was born in another country, rising to one in five when those with no opinion are offered that as a possibility.
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.”
Discussion:
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New York Times:
Regulator Deferred to Oil Industry on Offshore Rig Safety — WASHINGTON — Federal regulators warned offshore rig operators more than a decade ago that they needed to install backup systems to control the giant undersea valves known as blowout preventers, used to cut off the flow of oil from a well in an emergency.
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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.
Ed Morrissey / Hot Air:
Video: “I never thought I'd be on national TV for wearing an American flag shirt” — Via Greg Hengler, this interviews distills the ridiculous nature of Live Oak High School's action to its core. Martha MacCallum interviews two of the students disciplined for wearing clothing …
Discussion:
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