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8:55 AM ET, October 24, 2011

memeorandum

 Top Items: 
Jackie Calmes / New York Times:
Jobs Plan Stalled, Obama to Try New Economic Drive  —  WASHINGTON — With his jobs plan stymied in Congress by Republican opposition, President Obama on Monday will begin a series of executive-branch actions to confront housing, education and other economic problems over the coming months …
RELATED:
Lawrence Summers / Financial Times:
Why the housing burden stalls America's economic recovery
Discussion: Business Insider
Richard Spencer / Telegraph:
Libya's liberation: interim ruler unveils more radical than expected plans for Islamic law  —  Libya's interim leader outlined more radical plans to introduce Islamic law than expected as he declared the official liberation of the country.  —  Mustafa Abdul-Jalil, the chairman …
Wolfgang Münchau / Financial Times:
Europe is now leveraging for a catastrophe  —  It is time to prepare for the unthinkable: there is now a significant probability the euro will not survive in its current form.  This is not because I am predicting the failure by European leaders to agree a deal.  In fact, I believe they will.
Discussion: Paul Krugman and AMERICAN FUTURE
RELATED:
Paul Krugman / New York Times:
The Hole in Europe's Bucket  —  If it weren't so tragic, the current European crisis would be funny, in a gallows-humor sort of way.  For as one rescue plan after another falls flat, Europe's Very Serious People — who are, if such a thing is possible, even more pompous and self-regarding …
Discussion: Guardian
Alex Barker / Financial Times:
Banks must find €108bn in new capital
Discussion: Paul Krugman
Jazz Shaw / Hot Air:
Jindal: Four.  More.  Years  —  Say, did you hear about the big election yesterday?  Well, if you're like the majority of the country, you probably weren't even aware anyone was voting on Saturday.  But for the politically addicted, you might have known that Louisiana Governor Bobby Jindal was up for another term.
RELATED:
Andrea Riquier / Bloomberg:
Louisiana's Jindal Wins Second Term as Governor in Open Primary
Discussion: americanthinker.com
Reuters:
U.S. rating likely to be downgraded again: Merrill  —  NEW YORK (Reuters) - The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.
Discussion: Firedoglake and US Politics
Judd Legum / ThinkProgress:
Rick Perry Goes Birther: After Meeting With Trump, 'I Don't Know' If Obama's Birth Certificate Is Real  —  In April, in an effort to appease a vocal group of conspiracy theorists who believe President Obama was not born in the United States, Obama released his “long-form” birth certificate from Hawaii.
RELATED:
N. Gregory Mankiw / New York Times:
Four Nations, Four Lessons
Russell Berman / The Hill:
Former members' campaigns alive, well and spending money  —  The disgraced lawmakers might be gone, but their campaigns live on.  —  The handful of members of Congress who have resigned amid scandal in recent years have maintained active campaign accounts, federal records show …
Wall Street Journal:
Google Speaks Truth to Power  —  About the growing regulatory state, even Google's Eric Schmidt—a big supporter of the Obama administration—now feels the need to tell it like it is.  —  Eric Schmidt, executive chairman of Google, gave a remarkable interview this month to the Washington Post.
Discussion: Betsy's Page
Steve Lohr / New York Times:
More Jobs Predicted for Machines, Not People  —  A faltering economy explains much of the job shortage in America, but advancing technology has sharply magnified the effect, more so than is generally understood, according to two researchers at the Massachusetts Institute of Technology.
Zachary A. Goldfarb / Washington Post:
Obama's efforts to aid homeowners, boost housing market fall far short of goals  —  It was a critical plan to jump-start the economy.  —  President Obama pledged at the beginning of his term to boost the nation's crippled housing market and help as many as 9 million homeowners avoid losing their homes to foreclosure.
Discussion: Mitt Romney Central
New York Times:
Abdel-Jalil Promises a Role for Islam in a New Libya  —  BENGHAZI, Libya — The leader of the transitional government declared to thousands of revelers in a sunlit square here on Sunday that Libya's revolution had ended, setting the country on the path to elections, and he vowed that the new government would be based on Islamic tenets.
RELATED:
Associated Press:
Autopsy: Qaddafi was killed by shot to head
Discussion: FP Passport and Michelle Malkin
Meredith Dake / Breitbart.tv:
OccupyDayton Protester: ‘F*ck The Military, F*ck Your Flag, And F*ck The Police’  —  A citizen journalist was taking pictures of the destruction the “Occupy Dayton” protest caused to public property when he was approached by a group of demonstrators.  A protester became very hostile …
Noam N. Levey / Los Angeles Times:
Medical help for illegal immigrants could haunt Mitt Romney  —  On the Republican campaign trail, he derides any such public aid.  But the healthcare law he signed as Massachusetts governor allows it.  —  Republican presidential candidate Mitt Romney sharply criticizes public aid for illegal immigrants.
 
 
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 More Items: 
First Read / msnbc.com:
Campaign: Cain raising $1 million a week in October
Discussion: GOP 12 and Business Insider
David Carr / New York Times:
The Media Equation: Bonuses Worthy of Protest for Gannett and Tribune Executives
Robert Frank / Wall Street Journal:
The Wild Ride of the 1%  —  The once-stable incomes …
Discussion: ECHIDNE of the snakes
Martin Feldstein / Wall Street Journal:
The Tax Reform Evidence From 1986
Jordy Yager / The Hill:
Civil rights groups charge Obama with hypocrisy over Alabama immigration law
James Crugnale / Mediaite:
‘America Is Hated Around The World’ Because Of Obama's Foreign Policy, Ahmadinejad Tells Fareed Zakaria
Discussion: Global Public Square
CNN:
Report: Death toll rises to 217 after massive earthquake in Turkey
Discussion: Gawker and Boing Boing
Bruno Waterfield / Telegraph:
Eurozone summit - despair and backbiting in the corridors of power
Discussion: Business Insider
 Earlier Items: 
Reuters:
About 130 arrested at Occupy Chicago protest
Discussion: Blogcritics
Glenn Thrush / The Politico:
McConnell: Layoffs a ‘local’ problem
Discussion: ThinkProgress and Maggie's Farm
David Brody / The Brody File:
Brody File Exclusive: Newt Gingrich Calls Herman Cain The “Psychological Frontrunner” for GOP Nomination
Kevin Bogardus / The Hill:
Graham: Obama's Iraq, Afghan policies ‘being run out of Chicago’
 

 
From Mediagazer:

Daniel Thomas / Financial Times:
The Creative Rights in AI Coalition, representing nearly 40 UK creative groups, urges the UK government to protect copyright rules ahead of an AI consultation

Mark Caro / Local News Initiative:
A deep look at the emergence of local news startups in Massachusetts, as some “ghost newspapers” owned by Gannett still publish but without original reporting

Mia Sato / The Verge:
Snapchat plans to roll out a unified monetization program to pay influencers for ads placed in eligible Stories and Spotlight posts starting February 1, 2025

 
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