memeorandum: The Hope That Flows From History (Christina D. Romer/New York Times)

2:05 PM ET, August 14, 2011

Top Items:

Pawlenty Drops Out of Republican Race — Former Gov. Tim Pawlenty of Minnesota, left, at Thursday's debate in Ames, Iowa, with Jon M. Huntsman Jr. and Newt Gingrich. — DES MOINES — Tim Pawlenty, the former governor of Minnesota, dropped his bid for the Republican nomination for president …

Discussion: The Moderate Voice, Los Angeles Times, Jamie Dupree Washington …, Des Moines Register, Washington Post, The Reaction, The Monkey Cage, Paul Krugman, NO QUARTER, The Other McCain, FiveThirtyEight, Balloon Juice, New York Magazine, ThinkProgress, American Power, The Daily What and Le·gal In·sur·rec· tion

Political Punch:

Pawlenty Drops Out of Presidential Race After Disappointing Straw Poll Finish — Former Minnesota Governor Tim Pawlenty is dropping out of the Republican presidential contest, after a disappointing third place finish in the Iowa Straw Poll yesterday. — “We needed to get some lift to continue …

Discussion: Washington Wire, Minneapolis Star Tribune, Washington Post, The Caucus, Washington Monthly, Iowa Caucuses, The Daily What, Online NewsHour, Talking Points Memo, Swampland, TPMDC, Daily Kos, The Other McCain, The Daily Caller and The Political Carnival

Ben Smith / Ben Smith's Blog:

So much for Sam's Club — The departure of Tim Pawlenty this morning won't have a major impact on a race that had already taken shape without him — that's why he dropped out. — The move makes clear that Texas Gov. Rick Perry has fully seized the space Pawlenty sought to occupy, of the established conservative alternative.

Discussion: The Daily Dish

Catalina Camia / USA Today:

Tim Pawlenty ends presidential campaign — Former Minnesota governor Tim Pawlenty said today he will end his campaign for the GOP presidential nomination. — Pawlenty informed his supporters in a conference call and then announced his decision on ABC's This Week.

Discussion: Firedoglake, RedState, The Politico, Towleroad News #gay and Conservatives4Palin

Juana Summers / The Politico:

Former rivals praise Tim Pawlenty as he exits — The Republican presidential candidates responded to Tim Pawlenty's decision to drop out after his distant third finish at Ames with kind words for the former Minnesota governor. — “I wish Governor Pawlenty the best.

Discussion: CNN and The Caucus

Meghashyam Mali / The Hill:
Bachmann says she can win independents in general election

Discussion: Washington Monthly

Chris Cillizza / Washington Post:
Michele Bachmann wins the Ames Straw Poll

Discussion: Scared Monkeys, The Reaction, Mother Jones, ABCNEWS, Prairie Weather, A plain blog about politics, Mediaite, The Politico, Talking Points Memo, Hit & Run, nation.foxnews.com, The Note, LewRockwell.com Blog and New York Magazine

Jazz Shaw / Hot Air:
T-Paw dropping out; Update: State GOP chair to ask Pawlenty to run for Senate

Discussion: Power Line, Ballot Box, Outside the Beltway, The Strata-Sphere and Instapundit

Jon Ward / The Huffington Post: Ames Win Positions Michele Bachmann As Rick Perry's Top Obstacle To Be Anti-Romney (VIDEO)

The Politico:
Tim Pawlenty drops out of presidential race

Discussion: CNN, ABCNEWS, Runnin' Scared, Salon, Outside the Beltway and New York Times

Brian Bakst / Associated Press:
Ex-Minn. Gov. Tim Pawlenty ends White House bid

Discussion: Reuters, Hot Air, Betsy's Page, Guardian and Michelle Malkin

Des Moines / Iowa Caucuses:
Michele Bachmann wins Iowa Straw Poll

Discussion: Bloomberg, The Other McCain, New York Times, Washington Post, The Politico, CNN and Outside the Beltway

Michael D. Shear / The Caucus:
Bachmann Wins Iowa Straw Poll

Discussion: Right Wing News, The Daily Dish, CNN and Connecting.the.Dots

Ramesh Ponnuru / Bloomberg:
Bachmann Wins Iowa, For Now: The Ticker

Discussion: Patterico's Pontifications, The Other McCain, Don Surber and GOP 12

Ballot Box:
Bachmann wins Ames straw poll; Ron Paul takes second, Pawlenty distant third

Discussion: The Note, CNN, The Hill, The Huffington Post, Weasel Zippers, msnbc.com, GOP 12, Talking Points Memo and The Moderate Voice

CNN:
Minnesota Rep. Michele Bachmann wins Iowa straw poll

Discussion: The Politico, The Note and Washington Monthly

Fox News:
Perry Makes It Official: He's Running for President

Discussion: The Gateway Pundit and 2012 Election Central

New York Times:

White House Debates Fight on Economy — WASHINGTON — As the economy worsens, President Obama and his senior aides are considering whether to adopt a more combative approach on economic issues, seeking to highlight substantive differences with Republicans in Congress and on the campaign trail rather …

Discussion: Washington Monthly, TalkLeft, Clusterstock, Booman Tribune, No More Mister Nice Blog, The Impolitic and Jared Bernstein

Calculated Risk:

White House Debates Doing Little or Nothing — This is depressing ...from the NY Times: White House Debates Fight on Economy … Tax incentives are the “bigger idea”? It sounds like the debate is between doing nothing and doing very little. — If I arrived on the scene today …

Discussion: Suburban Guerrilla, Clusterstock, emptywheel and Grasping Reality …

Mark Thoma / Economist's View:

White House Debates Giving Up on Helping the Economy — The administration hasn't figured out that it's supposed to lead — that sometimes it's supposed to move public opinion instead of following it: … Apparently one of the things holding up a push to put people back to work is worries …

Discussion: Paul Krugman, Don Surber and Grasping Reality …

Charles Dameron / Wall Street Journal:

Rick Perry's Crony Capitalism Problem — The presidential candidate's signature economic development initiative has raised questions among conservatives. — Gov. Rick Perry's presidential pitch goes something like this: During one of the worst recessions in American history, he's kept his state “open for business.”

Discussion: Riehl World View

Thomas L. Friedman / New York Times:

A Theory of Everything (Sort of) — LONDON burns. The Arab Spring triggers popular rebellions against autocrats across the Arab world. The Israeli Summer brings 250,000 Israelis into the streets, protesting the lack of affordable housing and the way their country is now dominated by an oligopoly of crony capitalists.

Discussion: Hullabaloo

Deborah Netburn / Los Angeles Times:

Virginia school district bans Sherlock Holmes book — That's right, Watson, Sherlock Holmes has been banned. That is, one book featuring the detective has been pulled from the sixth-grade reading list in one Virginia school district. — The Albemarle County School Board …

Discussion: Alan Colmes' Liberaland and Outside the Beltway

Mike Lillis / The Hill:

Clyburn hopes to use supercommittee post to tackle wealth gap — A leading House Democrat is hoping to use his prestigious seat on the deficit-cutting supercommittee to close the growing gully that divides the rich and the poor in America. — Rep. James Clyburn (S.C.) …

Discussion: Michelle Malkin, Weasel Zippers and The Lonely Conservative