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12:40 PM ET, August 23, 2011

memeorandum

 Top Items: 
The Politico:
Conservative elites pine for 2012 hero  —  It's a tough time to be a conservative intellectual.  —  From the Weekly Standard to the Wall Street Journal, on the pages of policy periodicals and opinion sections, the egghead right's longing for a presidential candidate of ideas …
RELATED:
National Review:
Five Reasons Ryan Bowed Out  —  Sources close to Rep. Paul Ryan of Wisconsin tell National Review Online that the Budget Committee chairman considered a variety of factors this summer as he mulled a late-entry presidential campaign.  This afternoon, he closed the door on a 2012 bid, choosing to remain in the House.
Tom Jensen / Public Policy Polling:
Perry takes the lead in Iowa  —  Rick Perry is the new leader in Iowa:  —  The race is pretty close four ways in Iowa but Rick Perry is the new favorite among Republican voters in the state.  Among announced candidates he's at 22% to 19% for Mitt Romney, 18% for Michele Bachmann, and 16% for Ron Paul.
Discussion: GOP 12 and National Review
RELATED:
Paul A. Gigot / Wall Street Journal:
Huntsman's Anti-GOP Strategy  —  The former Utah governor tries to save his GOP presidential bid by using global warming as a wedge issue.  —  When Joe Manchin wanted to save his U.S. Senate campaign, the West Virginia Democrat loaded a rifle and put a bullet through a sheet of paper labeled …
Steve Bainbridge / ProfessorBainbridge.com:
If the trial lawyers hate Rick Perry, maybe I should reconsider him
Byron York / Washington Examiner:
Spending, not entitlements, created huge deficit  —  It's conventional wisdom in Washington to blame the federal government's dire financial outlook on runaway entitlement spending.  Unless we rein in Social Security, Medicare and Medicaid, the conventional wisdom goes, the federal government is headed for disaster.
RELATED:
David G. Savage / Los Angeles Times:
Rick Perry's views on the Constitution get closer scrutiny
Mark Knoller / CBS News:
National debt has increased $4 trillion under Obama  —  The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch.  —  The debt was $10.626 trillion on the day Mr. Obama took office.  The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
RELATED:
Joe Nocera / New York Times:
How Democrats Hurt Jobs  —  The airplane's aft section arrived early Monday morning.  That's what they'd been waiting for at the final assembly plant in North Charleston, S.C. They already had the wings, the nose, the tail — all the other major sections of Boeing's new 787 Dreamliner.
Jeff Zeleny / The Caucus:
Fresh Palin Tea Leaves Seem to Predict a Late September Decision  —  The biggest - perhaps the only - question remaining about the size and shape of the Republican presidential field is whether Sarah Palin intends to join.  The answer is not expected to come by Labor Day, but rather in the final weeks of September.
RELATED:
The White House:
Statement by the President on Libya Blue Heron Farm, Martha's Vineyard, Massachusetts  —  THE PRESIDENT: Good afternoon, everybody.  I just completed a call with my National Security Council on the situation in Libya.  And earlier today I spoke to Prime Minister Cameron about the extraordinary events taking place there.
RELATED:
Richard A. Posner / The New Republic:
Let's Be Honest: We're in a Depression, Not a Recession, And There's No End In Sight  —  This article is a contribution to ‘Is There Anything That Can Be Done?  A TNR Symposium On The Economy.’ Click here to read other contributions to the series.  —  If the notion that we are merely living through …
Max Pizarro / Politicker NJ:
In LD8, Delany derailed by wife's email to Lewis  —  Former Assemblyman Pat Delany abruptly resigned last month from his post representing the 8th district after his wife sent a racially tinged email to senate challenger Carl Lewis, the former Olympic Gold medalist.
Robert Stacy McCain / The Other McCain:
Debbie's Very Bad Day in Iowa  —  During my Iowa trip, I got lots of photos and videos I wasn't able to upload at the time due to connectivity issues and the very hectic schedule.  One of the items that never made it to the blog was an incident at the Iowa State Fair where DNC Chairwoman …
Patricia Mazzei / Naked Politics:
Beware the tea party, Jesse Jackson, Frederica Wilson and black Democrats say at jobs meeting  —  Democratic members of the Congressional Black Caucus are in Miami Tuesday to host a jobs fair, part of their five-city tour to draw attention to high unemployment, particularly in the black community.
Michael O'Brien / Ballot Box:
Warren's criticism of Wall Street poses fundraising dilemma  —  Elizabeth Warren's combative history with Wall Street could create a fundraising dilemma for her burgeoning Senate campaign.  —  Her ardent grassroots following on the left — forged during stints as TARP watchdog and as mastermind …
Hoover Institution:
How Is Warren Buffett Like the Pope?  —  by Richard A. Epstein (Peter and Kirsten Bedford Senior Fellow and member of the Property Rights, Freedom, and Prosperity Task Force)  —  They are both dead wrong on economic policy.  —  The terrible economic news from both Europe and the United States …
Jeff Reinitz / Waterloo/Cedar Falls Courier:
NEW DETAILS: Witnesses said they heard beating victim taunted  —  A brutal fight that claimed the life of a Waterloo teen started with taunting, witnesses said.  —  Police confirmed that 19-year-old Marcellus Richard Andrews was officially pronounced dead at about 3:30 p.m. Sunday.
Gregory Simmons / ABCNEWS:
Gov. Sanford on Emerging From Seclusion  —  A scandal-plagued former governor who was once considered a potential presidential contender for 2012 is instead standing on the periphery, reflecting on what might have been and watching as the Republican primary field continues to take shape.
Felix Salmon:
How to get $12 billion of gold to Venezuela  —  Ever since the news broke last week that Hugo Chávez wanted to transport 211 tons of physical gold from Europe to Caracas, I've been wondering how on earth he possibly intends to do such a thing.  —  There are 99 tons already being held …
Discussion: Fausta's Blog
Gautham Nagesh / The Hill:
FCC officially kills Fairness Doctrine, wiping it from rules  —  Federal Communications Commission Chairman Julius Genachowski announced the elimination of 83 outdated and obsolete agency rules on Monday, including the controversial Fairness Doctrine.  —  “The elimination of the obsolete …
Mike Allen / The Politico:
Arab Summer may not spread to Syria - Obama, Romney to unevil jobs agendas in same week.  But who'll go first?  - Palin ponders run; won't decide till late Sept.  —  BULLETIN — “Rebels near Gaddafi's Tripoli stronghold” — Reuters/Tripoli: “Rebels battling forces loyal to Muammar Gaddafi …
RELATED:
Tevi Troy / National Review:
What's Obama Reading?  —  The reports are in about the books President Obama is looking at on his annual trip to Martha's Vineyard.  According to reports from the Los Angeles Times and the AP, Obama purchased five books on his trip to the Vineyard bookseller Bunch of Grapes: Marianna Baer's Frost …
Julia Preston / New York Times:
U.S. Issues New Deportation Policy's First Reprieves  —  The call came in the morning to the lawyer representing Manuel Guerra, an illegal immigrant from Mexico living in Florida who had been caught in a tortuous and seemingly failing five-year court fight against deportation.
David Tuller / New York Times:
No Surprise for Bisexual Men: Report Indicates They Exist  —  In an unusual scientific about-face, researchers at Northwestern University have found evidence that at least some men who identify themselves as bisexual are, in fact, sexually aroused by both women and men.
Bradley Keoun / Bloomberg:
Morgan Stanley at Brink Got $107B From Fed  —  As markets convulsed in September 2008, Morgan Stanley (MS) Treasurer David Wong briefed the Federal Reserve on a “dark” scenario in which the U.S. firm would need at least $10 billion of emergency loans from the central bank.  —  It got 10 times darker by month's end.
DealBook:
Milken's Gift Stirs Dispute at U.C.L.A. Law School  —  When the U.C.L.A. School of Law announced a $10 million gift from Lowell Milken to establish a business law institute in his name earlier this month, the university described him as a “pioneer in education reform” and a “leading philanthropist.”
Henry Blodget / Politics:
Here's Why Bank Of America's Stock Is Collapsing Again  —  It's deja vu all over again.  —  The stock of a humongous American bank, Bank of America (BAC), is collapsing.  —  This is stoking fears that Bank of America will go bust, taking the whole economy down with it.  —  Why is Bank of America's stock tanking?
 
 
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 More Items: 
Graeme Wearden / Guardian:
Goldman Sachs boss hires top defence lawyer Reid Weingarten
Phil Galewitz / Kaiser Health News:
As Hospitals Push ERs, States' Medicaid Budgets Pressured
Discussion: ThinkProgress
Alexander Burns / The Politico:
GOP candidates duck, cover on Libya
New York Times:
Cut Medicare, Help Patients
Discussion: The New Republic and ThinkProgress
Globe and Mail:
Please tax us, French super-rich tell government
Discussion: The Reaction
Rolling Stone:
Songwriter Jerry Leiber Dies at 78
 Earlier Items: 
Jennifer Jacobs / Iowa Caucuses:
Pataki to join Paul, McCotter at Polk County GOP fundraiser Saturday
Joseph Morton / Omaha World-Herald:
Pipeline foes arrested in D.C.
Discussion: Crooks and Liars
Matthew Yglesias / ThinkProgress:
Shoplifting, Employment, And Keynesian Economics
Jeannette Neumann / Wall Street Journal:
Head of S&P to Resign  —  Ratings Firm Says Sharma Exit …
Erik Wasson / The Hill:
Obama calls Buffett, Ford CEO for advice
David Frum / CNN:
Give Obama a break
 

 
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Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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