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11:00 AM ET, October 15, 2010

memeorandum

 Top Items: 
Paul Krugman / New York Times:
The Mortgage Morass  —  American officials used to lecture other countries about their economic failings and tell them that they needed to emulate the U.S. model.  The Asian financial crisis of the late 1990s, in particular, led to a lot of self-satisfied moralizing.
RELATED:
David S. Hilzenrath / Washington Post:   Worries over fast-tracked foreclosures send bank stocks plummeting
Jonathan Martin / The Politico:
Nevada Fight Night fizzles  —  LAS VEGAS - Republican Sharron Angle lashed Senate Majority Leader Harry Reid in the only debate of the Nevada Senate race Thursday night, telling the Democrat to “man up” at one point and questioning how he got wealthy during his years in Congress.
RELATED:
Jon Ralston / Las Vegas Sun:
Reid lost the debate to Angle  —  Let's get the easy part out of the way first:  —  Sharron Angle won The Big Debate.  —  Angle won because she looked relatively credible, appearing not to be the Wicked Witch of the West (Christine O'Donnell is the good witch of the Tea Party) and scoring many more rhetorical points.
Aharding / CNN:
TRENDING: Angle lands ‘low blow,’ says Reid  —  Las Vegas, Nevada (CNN) - Both sides landed some punches, but there didn't seem to be a knockout in the high stakes debate between Sen. Harry Reid and Sharron Angle Thursday night.  —  Still, Reid said at one point Angle had gone too far in attacking his wealth, calling it a “low blow.”
Discussion: The Politico
The Huffington Post:
Harry Reid & Sharron Angle Debate: Nevada Senate Candidates Face Off (VIDEO)
Discussion: The Caucus and WonkRoom
Kate Zernike / New York Times:
Tea Party Set to Win Enough Races for Wide Influence  —  Enough Tea Party-supported candidates are running strongly in competitive and Republican-leaning Congressional races that the movement stands a good chance of establishing a sizeable caucus to push its agenda in the House and the Senate, according to a New York Times analysis.
RELATED:
The Huffington Post:
Christine O'Donnell Tells GOPers: 'I've Got Sean Hannity In My Back Pocket'  —  WHAT'S YOUR REACTION?  —  WASHINGTON — Christine O'Donnell may not be a witch, but she knows how to use scare tactics to raise money, top Republican strategists and officials here tell me.
Aharding / CNN:
Palin to once again help kick off Tea Party Express tour  —  (CNN) - She headlined the kickoff event at the Tea Party Express's last cross-country caravan, and now Sarah Palin is going to help kick off the group's new bus tour.  —  The organization announced Thursday that the former Alaska governor …
Discussion: National Review
Thomas Fitzgerald / Philly.com:
Armey: Toomey Triggered ‘Conception’ of Tea Party
Discussion: Crooks and Liars and Daily Kos
Board of Governors of the Federal Reserve System:
Monetary Policy Objectives and Tools in a Low-Inflation Environment  —  The topic of this conference—the formulation and conduct of monetary policy in a low-inflation environment—is timely indeed.  From the late 1960s until a decade or so ago, bringing inflation under control was viewed …
RELATED:
Sewell Chan / New York Times:
Bernanke Signals Intent to Further Spur Economy  —  BOSTON — The Federal Reserve chairman, Ben S. Bernanke, sent a clear signal on Friday that the central bank was poised to take additional steps to try to fight persistently low inflation and high unemployment.
Drudge Report:
FIRST LADY CAMPAIGNS INSIDE POLLING PLACE  —  First lady Michelle Obama appears to have violated Illinois law — when she engaged in political discussion at a polling place!  —  The drama began after Mrs. Obama stopped off at the Martin Luther King Center on the south side of Chicago to cast an early vote.
RELATED:
Fredreka Schouten / USA Today:
Campaign spending by outside groups skyrockets  —  WASHINGTON — Spending by outside groups to influence congressional races surged past the $220 million mark this week, as party committees and conservative groups pump last-minute cash into ads in advance of the Nov. 2 election.
RELATED:
Dave Levinthal / OpenSecrets.org:
Outside Political Spending Surging in 2010 Midterms
Discussion: Don Surber and The Politico
Wall Street Journal:
Democratic Funding Fades
Kevin Sack / New York Times:
Challenging Health Care Law, Suit Advances  —  In a foreboding ruling for the Obama administration, a federal judge in Florida decreed Thursday that a legal challenge to the new health care law by officials from 20 states could move forward and warned that he would have to be persuaded …
RELATED:
David Streitfeld / New York Times:
From a Maine House, a National Foreclosure Freeze  —  DENMARK, Me.  — The house that set off the national furor over faulty foreclosures is blue-gray and weathered.  The porch is piled with furniture and knickknacks awaiting the next yard sale.  In the driveway is a busted pickup truck.
Discussion: Emptywheel and The Big Picture
Shira Toeplitz / The Politico:
Murkowski goes up with Stevens ads  —  Alaska Sen. Lisa Murkowski will start airing the long-awaited campaign ad featuring the late Sen. Ted Stevens this week.  —  In the ad, Stevens, who died in a plane crash earlier this year, tells voters, “We need Lisa,” according to footage of the advertisement obtained exclusively by POLITICO.
Discussion: Politics Daily
Sabato's Crystal Ball:
The Outlook for November 2nd  —  Larry J. Sabato, Director, U.Va. Center for Politics  —  As alert readers of the Crystal Ball will note, we have not changed our projection of +47 Republican net House seats in many weeks.  We made this prediction prior to Labor Day, and we were the first to say definitively …
Discussion: The Daily Dish and National Review
Washington Post:
Pentagon to comply with court order to end 'don't ask, don't tell'  —  The Pentagon announced Thursday that it will comply with a court order to stop enforcing its “don't ask, don't tell” policy barring gays from serving openly in the military, even as the Obama administration asked a federal judge to delay implementation of the ruling.
Mara Liasson / NPR:
NPR Poll Offers Sliver Of Hope For Democrats  —  With only 18 days left until Election Day, an NPR survey of likely voters in battleground districts found that while the overall field still tilts to the GOP, Democrats are closing the gap in some places.  —  The good news for Democrats …
Glenn Thrush / The Politico:
Barack Obama sees rise of ‘tribal attitude’  —  President Barack Obama thinks that the recession has caused a temporary increase in racial tension by stoking “tribal attitude” among people in economic distress.  —  During an hour-long town hall with young people simulcast on MTV …
Megan Carpentier / TPMDC:
California NOW President: ‘Meg Whitman Could Be Described As A Political Whore’  —  Last week, the National Organization for Women and the PAC of the California NOW chapter took heat for their endorsement of state Attorney General Jerry Brown (D) over Meg Whitman (R) in the gubernatorial race …
Rikntx / Media Matters for America:
Kilmeade defends O'Reilly's View appearance: “Not all Muslims are terrorists, but all terrorists are Muslim”  —  From the October 15 edition of Fox News' Fox & Friends:  —  Please upgrade your flash player.  The video for this item requires a newer version of Flash Player.
Huma Khan / ABCNEWS:
Blue No More: Colo. Dems Struggle for Votes  —  Tea Party-Favored Ken Buck in Close Race With Democratic Sen. Michael Bennet  —  When Barack Obama won Colorado in the 2008 election, many instantly declared it a new blue state.  All but two Republicans running for Congress lost to Democrats …
Discussion: The Note
 
 
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 More Items: 
Washington Post:
Black voters may be just as engaged as they were in 2008, polls show
Charles Krauthammer / Washington Post:
Your pre-election post-mortem
Discussion: Commentary and AmSpecBlog
John A. Boehner / New York Times:
Boehner's Path to Power Began in Small-Town Ohio
Discussion: The Maddow Blog
Celeste Katz / NY Daily News:
Cuomo tells gay activists he will legalize same-sex marriage …
James Joyner / Outside the Beltway:
Modernizing Education  —  Ezra Klein submits this 11:40 video …
Nouriel Roubini / Project Syndicate:
Only the Weak Survive  —  print recommend Send link clip secure rights
Louise Radnofsky / Washington Wire:
Democrats' Primary Turnout Lowest on Record
Discussion: Taylor Marsh and Sweetness & Light
 Earlier Items: 
Wisconsin Radio Network:
Judge rules concealed carry ban unconstitutional
Fox News:
EXCLUSIVE: New Pakistani Taliban Operative Feared Inside U.S …
Tom Jensen / Public Policy Polling:
Limbaugh would be weak against Nelson
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

Bloomberg:
A look at the challenges facing Crunchyroll, as current and ex-staffers say its management is out of touch, amid Disney and Netflix's expansion into anime

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

 
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