Top Items:
Board of Governors of the Federal Reserve System:
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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Paul Krugman / New York Times:
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 …
Matthew Yglesias / ThinkProgress:
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:
Financial Times, MarketBeat, The New Republic, Guardian, Ricochet Conversation Feed and Eschaton
Binyamin Appelbaum / New York Times:
Bernanke Blames Politics for Financial Upheaval — JACKSON HOLE, Wyo._ — The Federal Reserve chairman, Ben S. Bernanke, said Friday that the political battle this summer over the federal government's borrowing and spending had disrupted financial markets “and probably the economy as well.”
Discussion:
Washington Monthly, National Review, AMERICAblog News and The Business Insider
Alexander Bolton / The Hill:
GOP lawmakers warn Bernanke against QE 3
GOP lawmakers warn Bernanke against QE 3
Discussion:
CNN, ThinkProgress, The Other McCain and Prairie Weather
Derek Thompson / The Atlantic Online:
Bernanke: The Debt Ceiling Debate Nearly Broke the Recovery
Bernanke: The Debt Ceiling Debate Nearly Broke the Recovery
Discussion:
A plain blog about politics and Real Time Economics
James Hohmann / The Politico:
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, Hot Air, GOP 12, unionleader.com, msnbc.com, Public Policy Polling, Online NewsHour, Mediaite, TPMDC and Fox News
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Simonhernandezarthur / CNN:
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, Speaker, The Politico, Capital Tonight, Hot Air, Indecision Forever, TPMDC, Politics, Wall Street Journal and americanthinker.com
David Brooks / New York Times:
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:
msnbc.com, News Desk, The Hill, Pajamas Media, Ross Douthat, The Note, Real Clear Politics, Balloon Juice and driftglass
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Jonah Goldberg / National Review:
My Rick Perry Problem — and Ours — Texas governor Rick Perry is the front-runner for the Republican presidential nomination now, at least in the national polls. Undoubtedly that's the main reason so many East Coast pundits and Beltway wags are making fun of him. He likes guns! He's from Texas!
Discussion:
Riehl World View and GOP 12
Nate Silver / FiveThirtyEight:
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 …
Discussion:
New York Times, The Raw Story, Metropolis, Ecocentric, Associated Press, The Daily What, msnbc.com, Washington Post, Hot Air, The Heritage Foundation, New York Magazine, Towleroad News #gay, Capital Tonight, AMERICAblog News, This Just In, James Pethokoukis, ThinkProgress, The Awl, Althouse, Dr. Jeff Masters' WunderBlog, Gothamist, The Lonely Conservative, Pajamas Media, Joe. My. God. and CNN, more at Techmeme »
Chris Cassidy / Boston Herald:
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:
Sense of Events, Confederate Yankee and Althouse
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The Daily Beast:
Global Warming's Heavy Cost
Global Warming's Heavy Cost
Discussion:
The Daily Caller, Informed Comment, Watts Up With That? and Weasel Zippers
Justin Sink / The Hill:
Obama cuts vacation short, saying ‘prepare for the worst’ from Irene
Obama cuts vacation short, saying ‘prepare for the worst’ from Irene
Discussion:
The Politico
Steve Benen / Washington Monthly:
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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Catherine Whittenburg / www2.tbo.com:
Welfare drug-testing yields 2% positive results
Welfare drug-testing yields 2% positive results
Discussion:
Wonkette, Colorlines, Dayton Daily News, The Raw Story and ThinkProgress
Eric Felten / Wall Street Journal:
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:
Right Wing News, Michelle Malkin, Proof Positive and Don Surber
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Ben Howe / RedState:
DOJ Raids Gibson Guitars looking for Illegal Wood
DOJ Raids Gibson Guitars looking for Illegal Wood
Discussion:
Shot in the Dark and nation.foxnews.com
NY Daily News:
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
Ian Deitch / Associated Press:
Palestinian: US warns of aid cut for statehood bid — JERUSALEM (AP) — The Palestinians' chief negotiator said Friday that a U.S. diplomat had warned of a cut in aid to the Palestinians if they proceed with a unilateral bid for statehood at the U.N in September.
Discussion:
Weasel Zippers
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Mackenzie Weinger / Reuters:
Report: U.S. warns Palestinians it will halt aid
Jennifer Epstein / The Politico:
Ariz. sues feds over Voting Rights Act — The state of Arizona filed a lawsuit Thursday challenging the federal government's authority to enforce part of the Voting Rights Act of 1965, becoming the first state to challenge the constitutionality of sections of the federal law that bars states …
Discussion:
Arizona Republic, The Daily Caller and Political Insider
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Center for American Progress:
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, Little Green Footballs, The Huffington Post, City of Brass, Guardian, Religion Dispatches, Hatewatch and Dean's World
Mary Fitzgerald / The Irish Times:
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:
Telegraph, The Politico, New York Times, Hot Air, Outside the Beltway and Ricochet Conversation Feed
Ben Geman / The Hill:
Boehner asks Obama for billion-dollar list — Speaker John Boehner (R-Ohio) is pressing the Obama administration to provide Congress with a list of upcoming regulations that will have an economic effect greater than $1 billion. — Boehner's letter to President Obama Friday comes ahead …
Discussion:
Speaker, The Raw Story and Daily Kos
Andrew Orlowski / The Register:
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.