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11:05 AM ET, November 15, 2010

memeorandum

 Top Items: 
John Bresnahan / The Politico:
Charlie Rangel walks out of ethics trial  —  Complaining bitterly that he was denied the right to have an attorney present, an emotional Rep. Charlie Rangel (D-N.Y.) walked out of his highly publicized public ethics trial Monday morning, an unexpected twist in the ethics inquiry has tarnished Rangel's four-decade congressional career.
RELATED:
Susan Crabtree / The Hill:
A weary Rangel mounts defense in ethics trial  —  Rep. Charles Rangel (D-N.Y.) plans to defend himself before a jury of his Congressional peers Monday without the assistance of an attorney in a fight for his personal reputation and possibly his career.  —  Few believe Rangel's job is on the line …
Discussion: Runnin' Scared
Niall Ferguson / Real Time Economics:
Open Letter to Ben Bernanke  —  The following is the text of an open letter to Federal Reserve Chairman Ben Bernanke signed by several economists, along with investors and political strategists, most of them close to Republicans:  —  We believe the Federal Reserve's large-scale asset purchase plan …
RELATED:
Liz Capo McCormick / Bloomberg:
Options Showing Quantitative Easing Working Before It Begins  —  Federal Reserve Chairman Ben S. Bernanke's $600 billion plan to spark inflation in the U.S. economy is already showing signs of succeeding, if the market for bond options is any indication.  —  As the central bank starts …
Discussion: Felix Salmon
Economics Policies for the 21st Century:
An Open Letter to Ben Bernanke
Wall Street Journal:
Fresh Attack on Fed Move
Discussion: New York Magazine and Mother Jones
Paul Krugman / New York Times:
The World as He Finds It  —  On Wednesday David Axelrod, President Obama's top political adviser, appeared to signal that the White House was ready to cave on tax cuts — to give in to Republican demands that tax cuts be extended for the wealthy as well as the middle class.
RELATED:
E.J. Dionne Jr / Washington Post:
A lame and spineless duck?
Discussion: Mario Piperni dot Com
New York Times:
Obama Returns, Facing Unpredictable Congress in a Lame-Duck Session
Discussion: msnbc.com and Associated Press
Howard Kurtz / The Daily Beast:
Vicious Infighting at NBC News  —  MSNBC's president vowed to fire Keith Olbermann after he threatened to take his case to other networks.  Howard Kurtz on the civil war that has NBC brass—and his own staff—fuming.  —  Keith Olbermann was having dinner with his manager at an Upper East Side restaurant …
Manny Gamallo / Tulsa World:
Westboro protesters face jeers and slashed tires  —  Related Story: McAlester soldier mourned  —  McALESTER - Members of a Kansas church that protests at military funerals may have found themselves in the wrong town Saturday.  —  Shortly after finishing their protest at the funeral of Army …
Roxana Tiron / The Hill:
'Don't ask, don't tell' presents dilemma for Dems in passing defense bill  —  The need to shepherd the defense authorization bill through the Senate in the lame-duck session has left the Democratic leadership with a precarious dilemma.  —  Senate Majority Leader Harry Reid (D-Nev.) …
RELATED:
Josh Gerstein / The Politico:
McCain call for 'don't ask, don't tell' hearings dims repeal chances
Discussion: Wonk Room and Towleroad News #gay
Kevin Drum / Mother Jones:
The Uncertainty Meme  —  Why does the economy continue to suck?  The LA Times is hosting a symposium on the topic today, and USC business professor Ayse Imrohoroglu says the answer is uncertainty: … OK, let's take these one by one:  — Interest rates will remain very low for a very long time.
RELATED:
Myglesias / Yglesias:
Uncertainty and Aggregate Demand
Discussion: Dennis the Peasant
The Politico:
GOP is urged to avoid social issues  —  A gay conservative group and some Tea Party leaders are campaigning to keep social issues off the Republican agenda.  —  In a letter to be released Monday, the group GOProud and leaders from groups like the Tea Party Patriots and the New American Patriots …
RELATED:
Molly K. Hooper / The Hill:
Tea Party irks new members with tactic to promote its event
Patrick Gavin / The Politico:
BUSH: ‘CLINTON AND I ARE BUDDIES’  —  Despite their political differences, the Bush family has really taken to Bill Clinton.  (Clinton has worked with both the 41st and 43rd presidents on humanitarian efforts.)  —  And CNN's Candy Crowley, during her Sunday interview with George W. Bush and his brother …
RELATED:
People.com:
Bill Clinton Joins Cast of The Hangover 2
New York Times:
U.S. Plan Envisions Path to Ending Afghan Combat  —  WASHINGTON — The Obama administration has developed a plan to begin transferring security duties in select areas of Afghanistan to that country's forces over the next 18 to 24 months, with an eye toward ending the American combat mission there by 2014, officials said Sunday.
Peter Orszag / New York Times:
Safer Social Security  —  Social Security is not the key fiscal problem facing the nation.  Payments to its beneficiaries amount to 5 percent of the economy now; by 2050, they're projected to rise to about 6 percent.  Over the same period, federal health care costs will increase six times as much.
Becky Bohrer / Associated Press:
Murkowski maintains election write-in lead  —  COUNTING: About 89 percent of ballots for senator unchallenged.  —  JUNEAU — Sen. Lisa Murkowski retained 89 percent of the undisputed write-in votes in Alaska's still-undecided Senate race, as the fifth day of the ballot hand count ended.
Jeffrey Goldberg / The Atlantic Online:
TSA Opt-Out Day, Now with a Superfantastic New Twist!  —  November 24th, as many of you already know, is National Opt-Out Day, when airline passengers should refuse to submit themselves to those privacy-invading, genital-picture-taking, radiation-delivering back-scatter imaging machines now installed at many American airports.
Myglesias / Yglesias:
Medicare After Obama  —  Playing around with the NYT's deficit calculator I came up with a plan that involves raising the eligibility age for Medicare.  —  I'm a bleeding heart, at heart, and don't like the idea of any kind of cut on social welfare expenditures.
 
 
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 More Items: 
Ed Morrissey / Hot Air:
Video: TSA body-searches a three-year-old girl
Jim Hoft / The Gateway Pundit:
Unreal.  SEIU Local 25 and 12 Other Union Groups Receive Obamacare Waivers
New York Times:
Lots of Republican Toes in the 2012 Waters, but No Rush to Dive In
Discussion: Betsy's Page
Wall Street Journal:
America's Broadband Opportunity
Discussion: Federal Eye
Jonathan Allen / The Politico:
Nancy Pelosi's first job: Rally liberals
Binyamin Appelbaum / New York Times:
Putting Money on Lawsuits, Investors Share in the Payouts
Discussion: The Awl, The BLT and PointOfLaw Forum
 Earlier Items: 
Brian Stelter / Media Decoder:
NBC Ad Urges Recording News
Queerty:
Graeme Taylor, 14, Is Sticking Up For Michigan High School Teacher Jay McDowell.
James Barron / City Room:
Announcing the Subway Announcement Lady
Discussion: Runnin' Scared and Gothamist
 

 
From Mediagazer:

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

Geneva Abdul / The Guardian:
Internal email: the UK's Reach plans to merge staff at The Daily Mirror and celebrity magazine OK! to cut costs, but the move won't result in cutting of roles

 
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