Top Items:
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U.S. Is Set to Sue a Dozen Big Banks Over Mortgages — The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold …
Discussion:
Firedoglake, CBS News, Guardian, ThinkProgress, New Deal 2.0, The Heritage Foundation, AMERICAblog News, Hot Air, Suburban Guerrilla, New York Magazine, TalkLeft, The Politico, naked capitalism, Pajamas Media, CANNONFIRE, Felix Salmon, DownWithTyranny!, Mish's Global Economic …, Prairie Weather, Politics and Booman Tribune, more at Mediagazer »
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Fox News Poll: Perry Overtakes Romney as Top GOP 2012 Pick; Most Say Palin Should Stay Out of Race — Even as Texas Gov. Rick Perry moves into the lead as Republican voters' preferred presidential candidate, a Fox News poll released Thursday shows that voters are more likely to view him as …
Chris Stirewalt / Fox News:
Bad Jobs Report Adds More Baggage to Obama Speech
Bad Jobs Report Adds More Baggage to Obama Speech
Discussion:
The Moderate Voice and National Review
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Palin to Rip “Crony Capitalism” in Iowa Speech
Discussion:
GOP 12, Politics, Conservatives4Palin and Iowa Caucuses
Philip Rucker / Washington Post:
Illegal immigration is flash point for Republican White House hopefuls
Illegal immigration is flash point for Republican White House hopefuls
Discussion:
Politics, New York Times, Frontloading HQ, Chron.com, The New Republic, Pirate's Cove and Bangor Daily News
Christian Heinze / GOP 12:
Huge majority of tea partiers don't want Palin to run
Huge majority of tea partiers don't want Palin to run
Discussion:
The Political Carnival, Campaign 2012 and Chron.com
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U.S. Showed No Job Growth in August; Rate Stays at 9.1% — The economy showed no job growth in August, the first time there has been no increase in net jobs in the United States in 11 months. — The flat performance in the job market was down sharply from a revised 85,000 gain of jobs in July …
Discussion:
Washington Monthly, Firedoglake, The Atlantic Online, Globe and Mail, Washington Post, ThinkProgress, Guardian, Gothamist, Felix Salmon, Economix, Real Time Economics, Ricochet Conversation Feed, Online NewsHour, Outside the Beltway, Gawker, Hugh Hewitt's TownHall Blog, americanthinker.com and Balloon Juice
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Economy Gains No Jobs in August, Rate Holds at 9.1% — The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns that the US is heading for another recession. — It was the first time since World War II that the economy had a net zero jobs created for a month.
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Employers added no net jobs in August, while unemployment rate was unchanged at 9.1 pct. — WASHINGTON — Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession. — The government also reported …
Discussion:
The Caucus, The American Independent, The Politico, National Review and ourfuture.org/blogs_chrono/*
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Zero: That's How Many Jobs Were Created in August
Discussion:
Calculated Risk, National Review and American Spectator
Jeff Gluck / SBNation.com:
Five NASCAR Drivers Decline President Obama's White House Invitation — President Barack Obama will honor NASCAR champion Jimmie Johnson and the 11 other Chase drivers from last year in a White House ceremony on Wednesday - but nearly half of the 2010 playoff contenders won't be there.
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W.H. furious over speech delay — It seemed like a trivial matter: On Wednesday, House Republicans forced the president to delay his speech to a joint session of Congress by one day. — Who cares? The White House cares. Very much. — “It is a big deal that the House said ‘no’ to the president …
Discussion:
The Hill, Ben Smith's Blog, NationalJournal.com, Washington Post, Outside the Beltway, msnbc.com, Mediaite, Big Government, Instapundit, Taegan Goddard's …, Betsy's Page, JSOnline, Brilliant at Breakfast, Patterico's Pontifications, Pajamas Media, National Review, The Enterprise Blog, Hot Air, PERRspectives, Seeing the Forest, The Lonely Conservative, FrumForum and Mad Kane's Political Madness
Alicia M. Cohn / The Hill:
Dem ‘plans to ask a Republican to sit with him’ at joint session
Dem ‘plans to ask a Republican to sit with him’ at joint session
Discussion:
Weasel Zippers and JammieWearingFool
CNN:
Republicans quickly react to August jobs numbers
Republicans quickly react to August jobs numbers
Discussion:
The Politico and Outside the Beltway
Katherine Skiba / Chicago Tribune:
Walsh to skip Obama jobs speech
Walsh to skip Obama jobs speech
Discussion:
Angry Black Lady Chronicles and Weasel Zippers
The White House:
Statement by the President on the Ozone National Ambient Air Quality Standards — Over the last two and half years, my administration, under the leadership of EPA Administrator Lisa Jackson, has taken some of the strongest actions since the enactment of the Clean Air Act four decades ago …
Discussion:
The Politico, New York Times and Campaign 2012
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Juliet Eilperin / Washington Post:
Obama pulls back proposed smog standards, in victory for business — President Obama abruptly pulled back proposed new national smog standards Friday morning, overruling the Environmental Protection Agency's efforts to compel states and communities nationwide to reduce local air pollution in the coming years or face federal penalties.
Andrew Restuccia / The Hill:
American Lung Association presses White House to set ozone deadline
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Debunking Austerity Madness: ZERO Job Growth in US, Gloomy Europe - Yet an Argentinean ‘Tango’ — The Village was rocked this Friday before Labor Day with yet more depressing economic news. According to the Bureau of Labor Statistics the U.S. labor market added 0 (that's right ZERO) …
Discussion:
The Huffington Post, New York Times and NDN blogs
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Wonkbook: A jobs plan that might actually work
Discussion:
Wall Street Journal, ourfuture.org/blogs_chrono/*, Politics and Outside the Beltway
Howard Schneider / Washington Post:
Is austerity killing Europe's recovery?
Is austerity killing Europe's recovery?
Discussion:
ThinkProgress and Hullabaloo
Gary S. Becker / Wall Street Journal:
The Great Recession and Government Failure — When comparing the performance of markets to government, markets look pretty darn good. — The origins of the financial crisis and the Great Recession are widely attributed to “market failure.” This refers primarily to the bad loans …
Discussion:
The Volokh Conspiracy and Questions and Observations
Paul Krugman / New York Times:
Eric and Irene — “Have you left no sense of decency?” That's the question Joseph Welch famously asked Joseph McCarthy, as the red-baiting demagogue tried to ruin yet another innocent citizen. And these days, it's the question I find myself wanting to ask Eric Cantor, the House majority leader …
Discussion:
Washington Monthly and Northern Reflections
Brendan O'Neill / blogs.telegraph.co.uk:
There is something very ugly about this attempt to ghettoise Israeli musicians — Last night's protest at the Proms against the Israeli Philharmonic Orchestra represented a new low in anti-Israel agitation. It confirmed that everything and everyone connected with Israel is now looked upon by certain …
Discussion:
AmSpecBlog, Harry's Place and Israel Matzav
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College professor allegedly led motorcycle gang, drug ring [updated] — A Cal State San Bernardino professor who allegedly led a chapter of the Devils Diciples motorcycle gang was charged Thursday with heading up a methamphetamine drug ring that involved several other dealers.
Discussion:
msnbc.com, Gawker, Unqualified Offerings and FishbowlLA
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White House received emails about Fast and Furious gun-trafficking operation — Three national security officials were given some details about the operation. But an administration official says the emails do not prove that anyone in the White House was aware of the covert tactics of the program.
Discussion:
Michelle Malkin, Washington Wire, RedState, Sipsey Street Irregulars, Big Government and The Politico
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Regulations, taxes aren't killing small business, owners say — WASHINGTON — Politicians and business groups often blame excessive regulation and fear of higher taxes for tepid hiring in the economy. However, little evidence of that emerged when McClatchy canvassed a random sample of small business owners across the nation.
Discussion:
ThinkProgress, Outside the Beltway, Wonkette and Zandar Versus The Stupid
CNN:
FreedomWorks CEO slams Romney event: ‘This is a photo op’ — (CNN) - The leader of a large grassroots organization instrumental to the tea party movement isn't happy with Mitt Romney, and he's not afraid to show it. — Matt Kibbe, president and CEO of FreedomWorks, was adamant …
Discussion:
Iowa Caucuses