memeorandum: Investors Show Obama No Respect in Poll as Profits Surge (Mike Dorning/Bloomberg)

3:05 PM ET, November 11, 2010

Top Items:

White House Gives In On Bush Tax Cuts — WHAT'S YOUR REACTION? … WASHINGTON — President Barack Obama's top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.

Greg Sargent / The Plum Line:

The Morning Plum — UPDATE: White House denies giving in on Bush tax cuts: The White House is sharply denying the Huffington Post story I noted below claiming that David Axelrod signaled a willingness to accept a temporary extension of all the Bush tax cuts, claiming that their position remains unchanged.

Discussion: Alan Colmes' Liberaland, Washington Post, Talking Points Memo, pandagon.net and AMERICAblog News

George Stephanopoulos / George's Bottom Line:

Sen. Conrad: Extend All Tax Cuts; Time to Get ‘Serious’ About Deficit — The White House conceded that in order to get the middle class tax cuts passed in the lame duck session they would need to agree to extend all of them - the Huffington Post reported - and they will have the full support of Sen. Kent Conrad.

Discussion: Daily Kos and Firedoglake

Alexander Mooney / CNN:
Axelrod says Obama will agree to extend tax cuts for wealthy

Discussion: Firedoglake, No More Mister Nice Blog and CNSNews

Carrie Budoff Brown / The Politico:
President Obama ready to deal on Bush tax cuts for the wealthy

Discussion: Hot Air, Indecision Forever and FrumForum

Katy O'Donnell / NationalJournal.com: Axelrod Denies Obama Would Concede Tax Cuts

Kenneth P. Vogel / The Politico:
Dem donors split on 2012 strategy

Discussion: Mother Jones, USA Today and The Plum Line

Kevin Drum / Mother Jones:

Is the Deficit Commission Serious? — I've been trying to figure out whether I have anything to say about the “chairman's mark” of the deficit commission report that was released today. In a sense, I don't. This is not a piece of legislation, after all. Or a proposed piece of legislation.

Dan Eggen / Washington Post:
Many deficit commission staffers paid by outside groups

Discussion: Firedoglake

New York Times:
Some Fiscal Reality — The draft proposal by the chairmen …

Discussion: National Review, Free exchange, Pirate's Cove, The Confluence and The New Republic

Mike Lux / Open Left:
The details are worse — I wrote my initial post in such a hot rage …

Discussion: Crooks and Liars, The Huffington Post, The Politico and The Gavel

Michael O'Brien / The Hill:
Sen. Conrad: ‘If some of us have to sacrifice a political career ... then so be it’

Discussion: DownWithTyranny!, Questions and Observations and The Nation

Ronald Grover / Bloomberg:

Bristol Palin Survives ‘Dancing’ Elimination Round With Help of Tea Party — Bristol Palin survived another elimination round on ABC's “Dancing With the Stars” as fans including Tea Party supporters mustered enough votes to overcome low scores from the talent show's judges.

Discussion: Alan Colmes' Liberaland, Indecision Forever, The Daily Dish, New York Magazine and Taegan Goddard's …

Matthew Boyle / The Daily Caller:

Kentucky Republican Senator-elect Rand Paul is already making waves in Washington, D.C. with plans to organize either a Senate or bicameral Tea Party Caucus. — Paul said he's been chatting with several people from Kentucky about laying down a communications blueprint to keep …

Discussion: The Politico, Left Coast Rebel and USA Today

Jordan Fabian / The Hill:
Grassley: Health repeal will die in Senate

Discussion: 1380 KCIM

Sean Cockerham / Anchorage Daily News:

98 percent of write-in votes go to Murkowski — SPELL CHECK: Despite objections from Miller's team, most Murkowski votes are being accepted. — scockerham@adn.com — JUNEAU — Almost 98 percent of write-in ballots opened Wednesday went to Lisa Murkowski on the first day of a count meant to decide Alaska's U.S. Senate race.

Discussion: The Note, Hotline On Call, FiveThirtyEight, Washington Post, TPMDC, The Caucus, Associated Press, Ballot Box, USA Today, National Review and NPR Topics

Matt Bai / New York Times:
Alaska May Offer a View to Future Elections

Discussion: The Politico, The Atlantic Online, Anchorage Daily News, CNN and Barcepundit

Nate Silver / FiveThirtyEight:

2012 Contenders to Bet Against — I'm not quite sure whom I'd call the odds-on favorite to capture the Republican presidential nomination in 2012. But I have a pretty good idea of who I'd bet against. — The table below compiles a number of statistics related to prospective G.O.P. candidates in 2012.

Discussion: The Atlantic Online, The Caucus, Associated Press, Booman Tribune, Top of the Ticket and Wonkette

Tom Jensen / Public Policy Polling:

Some good signs for Palin — PPP's newest batch of 2012 Republican primary polls conducted right before last week's election finds Mitt Romney ahead in the critical early state of Florida, Tim Pawlenty surprisingly weak in his home state of Minnesota, and Sarah Palin posting leads in Texas, Wisconsin, West Virginia, and Maine.

Discussion: Derek Wallbank, Conservatives4Palin.com and Minnesota Independent

Sabato's Crystal Ball:

It's “Otb” Time: One-Term Barack — The wreckage of the Democratic Party is strewn just about everywhere. President Obama's carefully constructed 2008 Electoral College breakthrough is now just broken, a long-ago memory of what might have been a lasting shift in partisan alignment.

Discussion: The Moderate Voice, Ben Smith's Blog, WILLisms.com and NPR Topics

Michael O'Brien / The Hill:

Rep.-elect West says conservative talk radio host won't be his chief of staff — Rep.-elect Allen West (R-Fla.) announced Thursday that a controversial radio host would not serve as his chief of staff after all. — West said in a statement that Joyce Kaufman, the conservative radio talk show host …

Discussion: Naked Politics, Washington Monthly, The Politico, The Caucus, ThinkProgress, Talking Points Memo, Weigel, Weasel Zippers, TPMDC, The Maddow Blog and Guardian

Andy Barr / The Politico:

POLITICO, NBC News co-host first 2012 debate at Reagan Library — Former first lady Nancy Reagan announced plans Thursday to invite the leading Republican contenders to the first debate of the presidential primary season, to be held at her late husband's presidential library and co-hosted by POLITICO and NBC News.

Discussion: Politics Daily and TPMDC

Keach Hagey / The Politico:
NBC, POLITICO to co-host first 2012 GOP debate

Discussion: The Atlantic Online

Dana Milbank / Washington Post:

Nostalgic for George W. Bush — I miss George W. Bush. — I don't miss him in the sense that I wish he were still president. If he were, we might be at war with Iran and North Korea by now, and perhaps Portugal. Neither do I miss the endless debates over waterboarding and the Iraq war …

Discussion: National Review, Prairie Weather, Balloon Juice and Top of the Ticket

Gail Collins / New York Times:
What Everything Means — I can't stop thinking about the elections.

Discussion: Daily Kos

Daily Mail:

Poppy-burning Muslim protesters mar Armistice Day commemorations as millions fall silent to remember war dead — Islamic protesters sparked fury today after they burned a model of a poppy and deliberately broke the silence at Armistice Day commemorations in central London.

Discussion: The Jawa Report, Spectator, TigerHawk and Gates of Vienna

Washington Post:

Sources: Pentagon group finds there is minimal risk to lifting gay ban during war — A Pentagon study group has concluded that the military can lift the ban on gays serving openly in uniform with only minimal and isolated incidents of risk to the current war efforts, according to two people familiar …

Discussion: Mother Jones, Politics Daily, The Daily Dish, Washington Monthly, Hot Air, ATTACKERMAN, News Desk, Outside the Beltway, Bark Bark Woof Woof, Federal Eye, Alan Colmes' Liberaland, Raw Story, Wonk Room, Poliglot, Prairie Weather, New York Magazine, FrumForum and Shakesville

Adam Serwer / American Prospect:
The Marines And DADT.

Discussion: The Daily Dish, Salon and AmSpecBlog

Digby / Hullabaloo:

Being a Tutsi — I just watched Glenn Beck's program “the Puppet Master” about the nefarious, money-changing, New World Order, self-hating Jew conspirator, George Soros. I don't think I could do it again. — I listened to an hour or so of Limbaugh and had to turn it off, when I heard this line …

Discussion: Beltway Confidential, Dennis the Peasant, Media Matters for America and Le·gal In·sur·rec· tion

Myglesias / Yglesias:

Kaplan, Inc — The Washington Post company is most identified with its newspaper, the Washington Post. But in fact its biggest source of revenue is its Kaplan subsidiary. Kaplan, in turn, is primarily identified with test prep work. In fact, however, its low-performing for-profit university unit …

Discussion: Gawker, Grasping Reality …, Wonk Room and New York Times

Ed Morrissey / Hot Air:

Time says Tea Party will cause hyperinflation — If hyperinflation arrives, Time Magazine wants its readers to know who the real culprits are. It won't be the federal government that hiked annual spending by 38% in three years and began running trillion-dollar deficits.

Stephen Gandel / The Curious Capitalist:
Will Sarah Palin and the Tea Party Cause Hyperinflation?

Discussion: Conservatives4Palin.com

Dan Mitchell / International Liberty:

Co-Chairmen of Obama's Fiscal Commission Unveil Real Tax Increases and Fake Spending Cuts — I have many pet peeves, but one that causes me endless frustration is the Washington “spending cut” scam. This happens when politicians increase spending, but claim that they're cutting spending …

Discussion: Cato @ Liberty and Liberty Pundits Blog

The Politico:

FreedomWorks does its own freshman orientation — Official freshman orientation begins in Washington on Sunday for newly elected lawmakers, but FreedomWorks has its own plans for incoming tea partiers. — The organization, led by former Majority Leader Dick Armey, is quietly running …

Discussion: Weigel

The Politico:

Nancy Pelosi faces new resistance from Democrats — Nancy Pelosi is struggling to stand her ground as the effects of last week's Democratic debacle shift the political earth beneath her feet. — Pelosi announced Friday that she's running for minority leader in the new Congress, and her election still seems on track.

Discussion: Politics Daily, neo-neocon, Salon, Commentary, Outside the Beltway, Hot Air and Daily Kos

New York Post:

Bam AWOL on Vets Day — Tweet — WASHINGTON — Today is Veter ans Day. Do you know where your president is? — With his feeble flame of “hope” thoroughly doused here in the United States by last week's elections, President Obama has set out around the globe in search of throngs still enthralled by his flowery rhetoric.

Discussion: WTSP.com 10 News Local News, alicublog, DCCC and RealClearWorld