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.

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.

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.

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 …

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 …

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.

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 …

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 …

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 …

About Jonathan Alter  —  You Think Obama's Been a Bad President?  Prove It: Jonathan Alter  —  Tell me again why Barack Obama has been such a bad president?  I'm not talking here about him as a tactician and communicator.  We can agree that he has played some bad poker with Congress.

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):

ATTORNEY GENERAL TOM HORNE SUES FEDERAL GOVERNMENT TO DECLARE PRECLEARANCE UNCONSTITUTIONAL  —  Attorney General Tom Horne today filed lawsuit against the federal government for an injunction and a declaratory judgment that the portion of the Voting Rights Act requiring Arizona to pre clear …

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.

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.

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.