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3:50 PM ET, August 14, 2011

memeorandum

 Top Items: 
The Caucus:
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 …
RELATED:
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
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 …
John Hinderaker / Power Line:
Farewell to Tim Pawlenty  —  I agree with Scott's comments on Tim Pawlenty's withdrawal from the GOP presidential race.  As a Pawlenty supporter, I am disappointed.  But the bottom line is that this year, at least, what Pawlenty was selling wasn't what the Republican base wanted to buy.
Discussion: Hot Air
Jazz Shaw / Hot Air:
T-Paw dropping out; Update: State GOP chair to ask Pawlenty to run for Senate  —  News began breaking on Sunday morning before most folks had finished their coffee or had even woken up on the left coast.  Some fourteen hours after finishing a relatively distant third place to Michele Bachmann …
Meghashyam Mali / The Hill:
Bachmann says she can win independents in general election
Discussion: Washington Monthly
Catalina Camia / USA Today:
Tim Pawlenty ends presidential campaign
Frank Bruni / New York Times:
Adrift in Iowa: Tired Rituals in Tough Times
Toby Harnden / blogs.telegraph.co.uk:   10 things to take away from Ames. What Michele Bachmann's win means
Brian Bakst / Associated Press:   Ex-Minn. Gov. Tim Pawlenty ends White House bid
Jon Ward / The Huffington Post:
Ames Win Positions Michele Bachmann As Rick Perry's Top Obstacle To Be Anti-Romney (VIDEO)
Juana Summers / The Politico:
Former rivals praise Tim Pawlenty as he exits
Discussion: CNN and The Caucus
Chris Cillizza / Washington Post:
Michele Bachmann wins the Ames Straw Poll
Michael D. Shear / The Caucus:
Bachmann Wins Iowa Straw Poll
Ramesh Ponnuru / Bloomberg:
Bachmann Wins Iowa, For Now: The Ticker
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 …
RELATED:
CNN:
CNN/ORC Poll: Dem support for Obama's re-election fades  —  Washington (CNN) - Barack Obama's base is behind another term for the president, according to a new CNN/ORC International poll.  —  Seven in 10 Democrats say they'd like to see Obama as their party's presidential nominee next year.
Discussion: Israel Matzav
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.”
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 and Balloon Juice
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 …
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.) …
Michael O'Brien / The Hill:
Bachmann sidesteps gay rights questions  —  Rep. Michele Bachmann (R-Minn.) was peppered Sunday with questions about her thoughts on gay rights, but largely refused to engage them, arguing that those issues aren't on the front of voters' minds.  —  “I am running for the presidency of the United States.
George F. Will / Washington Post:
JFK's Berlin blunder  —  Fifty years ago, a metaphor became concrete.  Beginning on Aug. 13, 1961, along West Berlin's 27-mile border, the Iron Curtain became tangible in a wall of precast slabs of concrete.  It came down 22 years ago, but the story of how it rose, as told in Frederick Kempe's book …
 
 
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 More Items: 
yyAMCopy / Nation Now:
Indiana State Fair stage collapse: 5 dead; singer relates horror
Discussion: Mediaite
Lucy Madison / CBS News:
DNC chair: Texas economy no credit to Perry
Christina D. Romer / New York Times:
The Hope That Flows From History
Discussion: ThinkProgress
Neal Gabler / New York Times:
The Elusive Big Idea
 Earlier Items: 
Davidswanson / War Is A Crime .org:
California Democratic Party May Dump Its Progressive Caucus for Proposing a Primary Challenge to Obama
Discussion: naked capitalism and Corrente
JSOnline:
Prosser's recount got ample funding
Discussion: Associated Press
Steven Hayward / Power Line:
Heading for Jimmy Territory?
 

 
From Mediagazer:

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

Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

 
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