Stephen Colbert loses treasurer to Rick Perry  —  No joke: Presidential candidate Rick Perry and comedian Stephen Colbert, who last week barraged Iowa voters with advertisements urging voters to support “Rick Parry,” shared the same political committee treasurer - until they didn't.

White House Warns Perry Should Watch What He Says  —  White House press secretary Jay Carney chastised Texas Gov. Rick Perry for suggesting on the campaign trail that some economic policy decisions the Federal Reserve is considering border on “treasonous.”  —  Speaking at a campaign stop …

Wirch, Holperin win Senate recalls; GOP retains 17-16 majority  —  By Tom Tolan, Patrick Marley and Jason Stein of the Journal Sentinel  —  The six-month saga that was Wisconsin's state Senate recall movement ended Tuesday with Democrats retaining two seats - and Republicans still in possession …

Crashing the Tea Party  —  GIVEN how much sway the Tea Party has among Republicans in Congress and those seeking the Republican presidential nomination, one might think the Tea Party is redefining mainstream American politics.  —  But in fact the Tea Party is increasingly swimming …

NBC News Caught Red Handed ‘Selectively Editing’ & ‘ Doctoring’ Video to Smear Gov Perry as Racist  —  Ed Schultz used a deceptive edit to misinform his audience about the content of Gov. Rick Perry's speech in Iowa yesterday.  Schultz claimed that Gov. Perry was calling President Obama a …

GOP Primary: Perry 29%, Romney 18%, Bachmann 13%  —  Texas Governor Rick Perry, the new face in the race for the 2012 Republican presidential nomination, has jumped to a double-digit lead over Mitt Romney and Michele Bachmann with the other announced candidates trailing even further behind.

Silicon Valley billionaire funding creation of artificial libertarian islands  —  Pay Pal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters, according to a profile of the billionaire in Details magazine.

Lambertville vandalism turns life-threatening  —  LAMBERTVILLE, MI (WTOL) - The Monroe County Sheriff's Department is working to solve a case of vandalism that turned life-threatening.  —  John King was shot in the arm last week when he surprised a man trying to slash the tires on the truck …

Herman Cain: Impeaching Obama would be ‘a great thing’  —  Asked on a conference call with bloggers this evening why Republicans can't just impeach Barack Obama, Herman Cain answers that it's mostly a matter of legislative politics, POLITICO's Elizabeth Titus reports:

It's the Aggregate Demand, Stupid  —  Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul.  —  With the debt limit debate temporarily set aside, the Obama administration is talking …

Harry S. Obama?  —  Pundits have lately been comparing Barack Obama to Jimmy Carter, suggesting he is a likely loser in 2012.  But my American Enterprise Institute colleague Norman Ornstein, writing in the New Republic, compares Obama to Harry Truman, suggesting he might outperform the polls and win.