Why President Obama loses by winning  —  The imminent passage of financial reform, just a couple months after the passage of comprehensive health care, should decisively end the narrative that President Obama represents a Jimmy Carter-style case of naïve hope crushed by the inability to master Washington.

Companies pile up cash but remain hesitant to add jobs  —  Corporate America is hoarding a massive pile of cash.  It just doesn't want to spend it hiring anyone.  —  Nonfinancial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession.

VIDEO: Yes, there is racism in the Tea Party movement.  —  After months of racist incidents and rallies filled with hateful signs disparaging President Obama's ethnicity and other minorities, the NAACP has passed a resolution officially condemning racism in the Tea Party movement.

My Biggest Mistake in the White House  —  Failing to refute charges that Bush lied us into war has hurt our country.  —  Seven years ago today, in a speech on the Iraq war, Sen. Ted Kennedy fired the first shot in an all-out assault on President George W. Bush's integrity.

Senate VIP Loans Mount  —  Countrywide Dealt With More Lawmakers and Staffers Than Previously Known  —  Angelo Mozilo, former Countrywide Financial chairman  —  U.S. senators or Senate employees received 30 loans—far more than had previously been known—under a controversial lending program …

18th-Century Ship Found at Trade Center Site  —  In the middle of tomorrow, a great ribbed ghost has emerged from a distant yesterday.  —  On Tuesday morning, workers excavating the site of the underground vehicle security center for the future World Trade Center hit a row of sturdy …

Does Sarah Palin Really Have a Chance?  —  The music swells and then picks up tempo.  Sarah Palin is talking about how 2010 will be the year that “commonsense conservative women get things done for our country.”  She's worried about “these policies coming out of D.C. right now …

Democrat Bart Stupak Accuses Pro-Life Groups of ‘Politicizing’ Abortion Issue to Undermine Health Care Reform  —  (CNSNews.com) - Several Democrats say pro-life conservatives have it wrong: They say the $160 million taxpayer dollars going to fund Pennsylvania's new high-risk insurance pool …

Argentina legalises gay marriage  —  Debate continued until the early hours of Thursday  —  Argentina has become the first country in Latin America to legalise gay marriage after the Senate voted in favour.  —  The country's Chamber of Deputies had already approved the legislation.

Megyn Kelly's minstrel show  —  I don't really get a chance to watch TV in Unalaska, and the one thing I miss is Megyn Kelly of Fox News.  The last week or so of her work — her one woman crusade against the New Black Panther Party — has been truly riveting television.

Fund-Raising Before House Vote Draws Scrutiny  —  WASHINGTON — Lawmakers take contributions every day from corporate executives and lobbyists hoping for their votes.  The question of whether that represents business as usual in Washington or an ethics breach is at the heart …

Economics Behaving Badly  —  IT seems that every week a new book or major newspaper article appears showing that irrational decision-making helped cause the housing bubble or the rise in health care costs.  —  Such insights draw on behavioral economics, an increasingly popular field …

MSNBC Host Calls Reid ‘Ball-less’  —  ANOTHER MELTDOWN  —  Libtalker: ‘Shove Those (GOP) Bastards Into The Dirthole’  —  All week, the big question has been whether Democrats are truly imploding, or simply projecting that image to reduce electoral expectations and create complacent Republicans.

Researcher Says Scott McInnis Lied  —  Rolly Fischer: I Didn't Know He Was Making Money On Articles  —  Tom Burke and Arthur Kane and John Ferrugia , CALL7 Investigators  —  GLENWOOD SPRINGS — The man Scott McInnis blamed for the plagiarized material in an article on water rights told …

Economic Recovery Showing New Signs of Losing Steam  —  Investors got a strong dose of sobering economic news Thursday as several key manufacturing indexes show that the recovery is losing steam.  —  The few bright spots: New claims for jobless benefits fell to their lowest level in nearly two years …

DC Court of Appeals Upholds Decision Denying Marriage Initiative  —  The D.C. Court of Appeals issued its awaited decision in Bishop Harry Jackson's appeal of the D.C. Board of Elections and Ethics's decision that his proposed marriage initiative was an improper subject of an initiative.

The Daily Caller acquires KeithOlbermann.com  —  The Daily Caller, one of the fastest-growing online media properties, announced today its acquisition of KeithOlbermann.com, expanding the company's global reach into a new segment of the online political market.

In Dodging a Budget Vote, Dems Take Reconciliation Off the Table  —  Decision Could Preclude a Jobs Bill Next Year … On Tuesday, the Treasury Department announced that the country's deficit had hit the $1 trillion mark just nine months into the fiscal year.

Democrats Top Republicans In Connecticut Gov Race, Quinnipiac University Poll Finds; Foley Has Almost 4-1 Lead In Republican Primary  —  Democratic contenders Ned Lamont and Dan Malloy top any of the three possible Republican candidates for Governor of Connecticut by margins of 11 percentage points …

Democrats block amendment to ensure press access to oil spill  —  Democrats refused to allow a vote today on an amendment introduced today by Rep. Paul Broun, R-Ga., to ensure press access to the gulf oil spill.  Broun's amendment was a response to numerous reports that government authorities …

U.S. home foreclosures reach record high in second quarter  —  Bank repossessions increased 38% in the second quarter from the same period a year earlier for a record total of 269,952, according to data to be released Thursday by RealtyTrac.  —  Short sales are one way lenders have been striving to avert foreclosures.

First thoughts: Super freak (out)  —  When the going gets tough, Democrats, well, freak out... But is the freak-out over Gibbs' comment over?... Why the expectations game may be out of control for Republicans... Obama to deliver speech on the economy/stimulus in Michigan at 1:30 pm ET …