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The Near- and Longer-Term Prospects for the U.S. Economy — Good morning. As always, thanks are due to the Federal Reserve Bank of Kansas City for organizing this conference. This year's topic, long-term economic growth, is indeed pertinent—as has so often been the case at this symposium in past years.
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Bernanke's Perry Problem — As I write this, investors around the world are anxiously awaiting Ben Bernanke's speech at the annual Fed gathering at Jackson Hole, Wyo. They want to know whether Mr. Bernanke, the chairman of the Federal Reserve, will unveil new policies that might lift …


At Jackson Hole, Bernanke Tells The Nation He'll Deliver High Unemployment For Years — As I urged below, I think the most important part of Ben Bernanke's speech today is what it does to shape expectations. The news isn't good. Ben Bernanke is telling people not only that the Fed …
Discussion:
The New Republic, Guardian, Ricochet Conversation Feed and Eschaton

GOP lawmakers warn Bernanke against QE 3
Discussion:
The Politico, ThinkProgress and Prairie Weather


Bernanke Offers No Plan for New Stimulus
Discussion:
The New Republic, AMERICAblog News, The Business Insider and Real Time Economics

Bernanke should clarify policy and sink QE3
Discussion:
Paul Krugman, ThinkProgress, FT Alphaville, Real Time Economics and EconLog

Pataki not running-Perry talking with Trump-Romney, Bachmann staying the course-Huntsman's purple tie-Kimball: Never Quit-GOP turning on Palin — SCORE EXCLUSIVE - TRUMP TALKING WITH PERRY: Rick Perry has been speaking with Donald Trump by phone since wading into the presidential race, a Trump representative told Morning Score.
Discussion:
CNN, GOP 12, unionleader.com, Public Policy Polling, Online NewsHour, TPMDC, Fox News, msnbc.com, Mediaite, Reuters and Hot Air
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Source: Pataki decides against White House run — WASHINGTON (CNN) - Former New York Gov. George Pataki will not run for the Republican presidential nomination, a source close to him told CNN. — Pataki, who had been flirting with a White House bid for months, was scheduled to appear …
Discussion:
The Caucus, Hot Air, Iowa Caucuses, The Politico, Indecision Forever, Capital Tonight, Politics, TPMDC, Wall Street Journal and americanthinker.com


Perry's Popping-Off Problem — The Republican candidate comes across well as consistent and sincere, but his quick-draw machismo will scare voters away. — Rick Perry this week roared away from the pack. Gallup had him the party favorite, with 29% of Republicans and Republican-leaning …
Discussion:
Pajamas Media, No More Mister Nice Blog, Hot Air, The Politico and Hugh Hewitt's TownHall Blog

Nikki Haley joins Michele Bachmann town hall
Discussion:
ThinkProgress and CNN


A New York Hurricane Could Be a Multibillion-Dollar Catastrophe — Time to think about the unthinkable. What if a major hurricane were to pass close to New York City, as several forecasting models now suggest that Hurricane Irene might? — Apart from the inevitable loss of life …
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President Obama's posse stays put as tourists flee — MARTHA'S VINEYARD — A sun-soaked relaxer-in-chief spent close to five hours at a private Edgartown beach with the first family yesterday — still with no plans to cut the presidential vacation short while other islanders heeding the threat …
Discussion:
Althouse


New York Region Prepares for Hurricane Irene
Discussion:
Dot Earth, Stateline.org, Pajamas Media, Capital Tonight and Hugh Hewitt's TownHall Blog

Alert Extends Up the East Coast as Hurricane Irene Closes In
Discussion:
Towleroad News #gay, News Desk, Outside the Beltway and TPMDC

President Rick Perry? — A few weeks ago it was possible to believe that Mitt Romney would win the New Hampshire primary and cruise easily to the Republican nomination. It's harder to see that now. — There have been a slew of polls showing Gov. Rick Perry of Texas surging to double-digit national leads.
Discussion:
The Note, Ross Douthat, The Hill, Real Clear Politics, Balloon Juice and driftglass
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My Rick Perry Problem — and Ours
Discussion:
Riehl World View and GOP 12

‘Angry’ Mitt Romney ‘Loses His Cool’ With Voter At New Hampshire Town Hall
Discussion:
msnbc.com, Sky Dancing, The Other McCain, GOP 12 and Swampland

Inhofe calls out Romney on climate
Discussion:
ThinkProgress, James Pethokoukis, GOP 12 and Washington Post

When bad governors try bad ideas — Florida Gov. Rick Scott (R) came up with an idea he considered pretty clever. First, he told Floridians that people on welfare were more likely to be drug addicts. What did Scott base this on? Nothing in particular — he seemed to just make it up — but Scott was quite fond of the argument.
Discussion:
Eschaton
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Welfare drug-testing yields 2% positive results — TALLAHASSEE — Since the state began testing welfare applicants for drugs in July, about 2 percent have tested positive, preliminary data shows. — Ninety-six percent proved to be drug free — leaving the state on the hook to reimburse the cost of their tests.
Discussion:
Wonkette, Dayton Daily News, Colorlines, ThinkProgress and The Raw Story


Giant rat killed by pitchfork in Marcy Houses is believed to be Gambian pouched rat — It sounds like an urban legend: giant mutant-looking rats roaming a city housing project. — Only there's a picture. — A photo making the rounds shows Housing Authority worker Jose Rivera minutes …
Discussion:
Gothamist, The Daily Dish, The Daily What, New York Magazine, Simply Left BehindThe …, Joe. My. God. and Via Meadia


CERN: ‘Climate models will need to be substantially revised’ — New atomsmasher research into cloud formation — CERN's 8,000 scientists may not be able to find the hypothetical Higgs boson, but they have made an important contribution to climate physics, prompting climate models to be revised.
Discussion:
IMAO, The Strata-Sphere, Questions and Observations, PoliPundit.com, americanthinker.com, Pajamas Media and Vox Popoli


Guitar Frets: Environmental Enforcement Leaves Musicians in Fear — Federal agents swooped in on Gibson Guitar Wednesday, raiding factories and offices in Memphis and Nashville, seizing several pallets of wood, electronic files and guitars. The Feds are keeping mum, but in a statement …
Discussion:
Michelle Malkin, Proof Positive and Don Surber


NLRB OKs new rule, faces new controversy — The National Labor Relations Board, already under attack from conservatives concerned about regulatory overreach, is requiring that businesses must post information in the workplace telling employees about their rights to unionize.
Discussion:
Weasel Zippers and Balloon Juice


Carmakers' rebound is driving jobs in U.S. — The industry that once needed bailing out could be the one to stave off recession. — Taxpayers bailed out much of the U.S. auto industry. Now the carmakers might be what saves the nation's economy from falling back into recession.
Discussion:
Mother Jones, Washington Monthly, The Political Carnival and Balloon Juice


Fear, Inc. — The Roots of the Islamophobia Network in America — Anti-Muslim graffiti defaces a Shi'ite mosque at the Islamic Center of America in Dearborn, Michigan. — SOURCE: Getty Images/Bill Pugliano — Download individual chapters of the report (pdf):
Discussion:
ThinkProgress, Guardian and Religion Dispatches


Gadafy daughter who ‘died’ in 1986 alive — The adopted daughter of Muammar Gadafy, whom he claimed died as an infant in the 1986 US bombing of his Tripoli compound, appears to be alive and worked as a doctor in the Libyan capital, documents discovered by The Irish Times indicate.
Discussion:
The Politico, Telegraph, Outside the Beltway, CNN, Hot Air and Ricochet Conversation Feed