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10:35 AM ET, May 10, 2010

memeorandum

 Top Items: 
New York Times:
Obama Is Said to Choose Elena Kagan for the Supreme Court  —  WASHINGTON — President Obama will nominate Solicitor General Elena Kagan as the nation's 112th justice, choosing his own chief advocate before the Supreme Court to join it in ruling on cases critical to his view of the country's future …
RELATED:
msnbc.com:
NBC: Obama to name Kagan for high court  —  Kagan, 50, is currently solicitor general; would be court's third woman  —  WASHINGTON - President Barack Obama will nominate U.S. Solicitor General Elena Kagan to serve as an associate justice on the U.S. Supreme Court, NBC News' Pete Williams reported late Sunday night.
New York Times:
Kagan's Climb Is Marked by Confidence and Canniness  —  WASHINGTON — She was a creature of Manhattan's liberal, intellectual Upper West Side — a smart, witty girl who was bold enough at 13 to challenge her family's rabbi over her bat mitzvah, cocky (or perhaps prescient) …
Michael D. Shear / Washington Post:
What Obama sees in Kagan  —  It's Kagan!  —  Why is President Obama choosing his solicitor general, Elena Kagan, as his second nominee to the U.S Supreme Court?  By all accounts, Obama wants someone who can serve as a counterweight to the intellectual heft of Chief Justice John Roberts.
Media Matters for America:
Myths and falsehoods about Elena Kagan's Supreme Court nomination  —  Myth: Kagan's policies on military recruiters make her “an anti-military zealot” and an extremist on social issues  —  Myth: “Kagan Standard” means Kagan must answer questions about issues that will come before the Supreme Court
Josh Gerstein / The Politico:
Kagan strategy: Avoid a big GOP fight  —  President Barack Obama will name Solicitor General Elena Kagan as his second nominee to the Supreme Court Monday - a by-the-books pick straight from the top of his short list that seems designed to avoid a major confirmation battle with Republicans.
Washington Post:
Elena Kagan said to be Obama's Supreme Court pick  —  President Obama has scheduled a mid-morning announcement to nominate Solicitor General Elena Kagan to be the 112th justice of the Supreme Court, sources said late Sunday night.  —  Obama will be joined by Kagan in the East Room.
William Kristol / Weekly Standard:
An Anti-Military Justice?  —  For me, the key obstacle to Elena Kagan's confirmation is pt. 5 in Ed Whelan's NRO post, which is also the question raised by Peter Berkowitz in these pages several years ago and by Peter Beinart just recently: Her hostility to the U.S. military.  —  Hostility?
Tom Goldstein / SCOTUSblog:
Where We Go From Here  —  The Administration plans to identify its nominee in “guidance” at 7:20 tomorrow morning, with a formal announcement by the President at 10 a.m.  —  If the nominee is Elena Kagan, then Mike Allen of Politico will go down as the reporter with the best information on the Administration's thinking, bar none.
Media Matters for America:
Conservative opposition to Kagan is motivated by politics, not substance  —  From the beginning, conservative media figures made it clear they would aggressively fight whoever President Obama nominated in order to excite their base and weaken the White House.
Discussion: Washington Monthly
James Doty / Salon:
The liberal case against Kagan is overstated
Ilya Somin / The Volokh Conspiracy:
Preliminary Reflections on the Kagan Nomination
Robert Barnes / Washington Post:
Elena Kagan never let lack of experience hold her back
Discussion: ABCNEWS, Lynn Sweet and Truthdig
Ariane De Vogue / ABCNEWS:
AP: Obama Taps Elena Kagan for Supreme Court
Jeannine Aversa / Associated Press:
Federal Reserve opens credit line to Europe  —  WASHINGTON - The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent.  —  Other central banks, including the Bank of Canada, the Bank of England …
RELATED:
Bloomberg:
EU Preps $645 Billion Fund to Fight ‘Wolfpack,’ Debt Crisis
Discussion: Firedoglake
Left Foot Forward:
Lib-Con coalition would be an “electoral gift” to Labour  —  Our guest writer is Tim Horton, research director of the Fabian Society  —  A briefing paper published today by the Fabian Society shows that a decision by Nick Clegg to join forces with David Cameron would provide an opportunity …
RELATED:
Gary Gibbon / Snowblog:
Perhaps an outline deal today
Benedict Brogan / Telegraph:
Hung parliament: Cameron's PR coup to wrong-foot Labour
Patrick Wintour / Guardian:
Gordon Brown told it's time to go as hopes fade for deal with Lib Dems
Aljean Harmetz / New York Times:
Lena Horne, Singer and Actress, Dies at 92  —  Lena Horne, who was the first black performer to be signed to a long-term contract by a major Hollywood studio and who went on to achieve international fame as a singer, died on Sunday night at New York-Presbyterian/Weill Cornell Medical Center in New York.
Ross Douthat / New York Times:
Op-Ed Columnist: Divorce and Abortion: Red States and Blue States  —  Fifty years ago, American family structures were remarkably uniform.  The rich married at roughly the same rate as the poor and middle class.  Divorce rates were low for the college educated and high school graduates alike.
Discussion: Don Surber
New York Times:
Banks Fight Ban in Derivatives Trading  —  Cory Strupp, who represents Wall Street in Washington, spent the last six months lobbying for more than two dozen changes in the derivatives chapter of the Senate's financial legislation.  —  He has spent the last two weeks focused on one …
Discussion: Felix Salmon
RELATED:
John D. McKinnon / Wall Street Journal:
Levin Aims to Ban Bets Against Customers
Discussion: Washington Post and DealBook
Paul Krugman / New York Times:
Sex & Drugs & the Spill  —  “Obama's Katrina”: that was the line from some pundits and news sources, as they tried to blame the current administration for the gulf oil spill.  It was nonsense, of course.  An Associated Press review of the Obama administration's actions and statements …
Michael O'Brien / The Hill:
Sanders ‘cautiously optimistic’ of passage for modified Fed audit  —  Sen. Bernie Sanders (I-Vt.) said Monday he's “cautiously optimistic” his modified amendment to audit the Federal Reserve would pass the Senate this week.  —  Sanders said he expected a vote on his amendment …
American Prospect:
The Stark Reality of Defense Contracting  —  A summer blockbuster tackles disputes endemic to the military-industrial complex.  —  In Iron Man 2, billionaire industrialist Tony Stark (Robert Downey Jr.) risks billion-dollar pieces of equipment to impress guests at a birthday party — a big mistake for a defense contractor.
 
 
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Michael O'Brien / The Hill:
Sen. Reid will not commit to reforming immigration this year
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Sestak Up By 5/Williams Moves Up In Guv's Race.
FT Alphaville:
Guest post: El-Erian on Europe's ‘massive policy response’
Ben Casselman / Wall Street Journal:
Rig Owner Had Rising Tally of Accidents
Discussion: Clusterstock and The Page
 Earlier Items: 
Mike Allen / The Politico:
Laura Bush: I ‘stood straighter’ after leaving White House
Discussion: The Page
Alvin McEwen / The Huffington Post:
Religious right can lie about gay community without George Rekers