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10:25 AM ET, August 10, 2011

memeorandum

 Top Items: 
JSOnline:
Republicans take 4 of 6 in recall elections, hold Senate  —  Both sides see victories in hard-fought contests  —  By Tom Tolan and Patrick Marley of the Journal Sentinel  —  Democrats won two state Senate seats in Tuesday's historic recall elections, but failed to capture a third seat …
RELATED:
Washington Examiner:
Unions lose big in Wisconsin  —  Members of Wisconsin's teachers' union protested their loss of a near-monopoly on insurance contracts.  Voters were less sympathetic than was widely believed.  (AP photo)  —  An energized Democratic base was supposed to turn out yesterday.
Allahpundit / Hot Air:
Open thread: Total recall; Update: Al Sharpton tries to cope; Update: GOP wins two three four, Dems win one two; Update: GOP holds senate  —  It's not quite literally total, but with six senate seats on the menu tonight, it's closer than any U.S. state's ever gotten.
Nate Silver / FiveThirtyEight:
Reading the Wisconsin Recall Vote  —  Wisconsin residents on Tuesday voted on whether to recall six Republican state senators, whose backing of Gov. Scott Walker in the dispute over collective bargaining rights this year made them targets for Democratic-aligned groups.
Scott Johnson / Power Line:
Wisconsin cage match  —  In the six recall elections handpicked by Big Labor in Wisconsin, Democrats had the money and the intensity in their favor.  All they lacked, it turns out, was the votes.  (The AP tabulation of the results is here.)  —  In the event, Democrats won …
ABCNEWS:
Wisconsin Recall: GOP Retains Senate Control
Eric Kleefeld / TPMDC:
Wisconsin GOP Holds On: Dems Take Two Seats In Senate Recalls, Not Magic Three
A.Killough / CNN:
New CNN Poll: Majority want tax increase for wealthy and deep spending cuts  —  Washington (CNN) - Most Americans want a special congressional committee tasked with drafting a long-term solution to the nation's mounting federal deficits to include tax hikes for the wealthy and businesses …
Discussion: Gallup, The Politico and ThinkProgress
RELATED:
The Politico:
Harry Reid super-committee picks in place  —  In the first of what will be a closely watched selection process for a powerful new deficit panel, Senate Majority Leader Harry Reid announced he will appoint Democratic Sens. Patty Murray (Wash.), Max Baucus (Mont.) and John Kerry (Mass.) …
David Dayen / Firedoglake:
Meet Your Catfood Commission, Senate Dem Edition: Murray, Kerry, Baucus
Discussion: TalkLeft
Wall Street Journal:
A New Strategy for Economic Growth  —  Growth is not just about economics.  Growth unleashes human potential.  —  As the economy continues to struggle, we are reminded of a course offered at Yale University titled “Grand Strategy.”  Drawing on a weighty curriculum of history and philosophy …
Jeb Bush Jr / H2012:
Jon Huntsman for President  —  In 2008, Florida and the presidency went to Barack Obama because he offered hope.  To defeat the President in 2012, we need a candidate who will offer solutions.  That man is Jon Huntsman.  —  Today at 11:15 a.m. at Scotty's Landing in Miami …
Paul Waldman / TAPPED:
The Happy Warrior  —  This week's Newsweek magazine features the cover on the right, which has not too surprisingly stirred outrage from conservatives (see here and here for some reactions) saying that the liberal media are out to get Michele Bachmann.  Are they right?
Discussion: The Atlantic Online
RELATED:
First Read / msnbc.com:
Bachmann camp speaks on controversial Newsweek cover
The Politico:
For Tim Pawlenty, it's Ames or bust  —  He's spent a seven-figure sum and the bulk of his time on the campaign trail courting the Iowa grassroots.  Operatives call his expansive Iowa organization the best in the state.  —  As the only mainstream Republican candidate actively competing …
Discussion: Eunomia, GOP 12 and The Other McCain
RELATED:
Gschwarzcnn / CNN:
Pawlenty to headline town hall in SC
Discussion: GOP 12
Board of Governors of the Federal Reserve System:
For immediate release  —  Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had expected.  Indicators suggest a deterioration in overall labor market conditions in recent months, and the unemployment rate has moved up.
RELATED:
Paul Krugman:
The Fed States the Obvious
Matthew Yglesias / ThinkProgress:
The (Real) Rent Is Too Damn High  —  “Incidentally, [Yglesias is] also demanding higher inflation while writing a book called, The Rent is Too Damn High.”  —  Ironic, innit?  But the issue here is that inflation raises the general economy-wide nominal price level.
Discussion: Foseti and Eschaton
Joseph Stiglitz / Financial Times:
How to make the best of the long malaise  —  The only good thing about the continuing barrage of bad economic news is that it could have been worse: all three rating agencies could have downgraded the US, stock markets could have fallen further and the US could have defaulted on its debt.
Discussion: Paul Krugman
JSOnline:
Dem spokesman accuses GOP of dirty tricks in Waukesha vote count  —  By Larry Sandler of the Journal Sentinel  —  A state Democratic Party spokesman accused a Republican official Tuesday night of tampering with votes in the tight 8th Senate District recall race.
Jeremy Olshan / New York Post:
Madoff's immoral fabric  —  You'd think they'd know better than to trust their valuables to Bernie Madoff.  —  Wall Street bankers are investing in iPad cases made from sweaters and pants once worn by the fraudster that were snapped up by an enterprising businessman.
Discussion: City Room, Clusterstock and Mediaite
Sarah Maslin Nir / New York Times:
No Plans for 2013, but an Actor Seems Focused on the Mayor's Office  —  Alec Baldwin is not running for mayor of New York — yet.  —  First, Mr. Baldwin, a 53-year-old actor and Long Island native, wants to finish his work on his television show, “30 Rock,” then go back to school and learn what the job is all about.
Discussion: CBS New York and New York Magazine
Foster Kamer / The New York Observer:
Single Mother from St. Louis Flying Banner Over Lower Manhattan: 'Thanks For The Downgrade.  You Should All Be Fired.' (UPDATED)  —  YOU SHOULD ALL BE FIRED."  Pictures and more sightings are beginning to emerge.  Full image below:  —  The S&P offices are in the McGraw Hill building at 96 Water Street …
RELATED:
Robert Reich:
Why the President Doesn't Present a Bold Plan to Create Jobs and Jumpstart the Economy  —  Americans are deeply confused about why the economy is so bad - and their President isn't telling them.  In fact, the White House apparently has decided to join with Republicans and blame it on the long-term budget deficit.
Discussion: theblogprof and Economist's View
Michael Pettis / Wall Street Journal:
China's Economy Is Headed for a Slowdown  —  Beijing's export-oriented strategy can't continue forever.  —  As China fitfully tries to rebalance its economy, a small but rising number of Chinese economists are beginning to predict sharply lower annual growth rates of 6% to 7% over the next few years.
Discussion: Modeled Behavior
 
 
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 More Items: 
Nick Timiraos / Wall Street Journal:
Rental Options Sought On Foreclosed Homes
Discussion: The Huffington Post
New York Times:
New York City Will Mandate Sex Education
Cincinnati.com:
Family disputes immigration group's findings
Michael D. Shear / The Caucus:
Romney's Covert Iowa Campaign
Discussion: GOP 12
Dan Balz / Washington Post:
The Rick Perry that Texans know
Jennifer Jacobs / Iowa Caucuses:
Iowa tea party founder endorses Michele Bachmann for president
Yahoo! News:
Police calm London, but riots flare across UK
Discussion: Firedoglake
 Earlier Items: 
Caroline B. Glick / Jerusalem Post:
Our World: Norway's Jewish problem
Discussion: Israel Matzav
Jillian Rayfield / tpmmuckraker.talkingpointsmemo.com:
To Infini-Tea And Beyond: ‘Tea Party In Space’ Aims To Stop NASA's ‘Socialism’
Josh Marshall / Talking Points Memo:
Looking Like Dems Come Up Short
James Joyner / Outside the Beltway:
Honor Fallen SEALs by Questioning Their Mission
NPR:
U.S. Credit Downgrade Leaves ‘Horrible Impact’
Keith Koffler / White House Dossier:
Michelle Obama Takes Secret Vacation to Oregon
Discussion: FishbowlDC
Parker Leavitt / Arizona Republic:
McCain faces angry crowd at Gilbert town-hall meeting