memeorandum: Don't Bank on ECB Rescuing Italy (Simon Nixon/Wall Street Journal)

9:15 AM ET, November 10, 2011

Top Items:

Alexander Burns / The Politico:

Rick Perry crashes, Cain cheered at GOP debate — ROCHESTER, Mich. - The Rick Perry comeback hit a potentially disastrous snag Wednesday night, as the Texas governor again froze on the debate stage — this time, while attempting to list three federal agencies he'd eliminate as president.

Discussion: CNN, Media Decoder, No More Mister Nice Blog, Washington Post, Pat Dollard, Michelle Malkin, Campaign 2012, The Page, Gawker, The Lonely Conservative and Althouse

Allahpundit / Hot Air:

Video: Perry implodes; Update: Campaign is over, says top fundraiser — Via Business Insider. A few choice quotes. Larry Sabato: … Rich Lowry: … Mona Charen: … He's down to 4.9 percent now on InTrade; before the debate he was at 9.3 percent.

Discussion: American Prospect, Rick Perry 2012 Campaign …, Le·gal In·sur·rec· tion, Mediaite, GOP 12, American Spectator, The Other McCain, The Moderate Voice, Fire Andrea Mitchell!, JustOneMinute, Weasel Zippers, The Page and Taylor Marsh

Zeke Miller / Business Insider:

PERRY DEBATE DISASTER: This Is The Moment That Officially Killed His Campaign — For Good — At today's CNBC debate Texas Gov. Rick Perry was asked a question about his tax and spending plan — but completely blew an otherwise strong answer by looking like a complete fool.

Discussion: zerohedge.com/fullrss2.xml, Gawker, Towleroad News #gay, Outside the Beltway, thump and whip and blogs.telegraph.co.uk

ABCNEWS:

Rick Perry on His ‘Oops’: There's No ‘Perfect Candidate’ — Texas Governor Rick Perry hit the airwaves this morning to try to recover from a performance that one presidential scholar deemed “the most devastating” of any primary debate. — “The bottom line is that we're going to get up every …

Discussion: Campaign 2012, The Politico and Wonkette

Cameron Joseph / Ballot Box:
Perry struggles to name third government agency he promised to close

Discussion: CNN

ESPN:

Joe Paterno, Graham Spanier out — Both football coach Joe Paterno and president Graham Spanier are out at Penn State in the wake of a disturbing child sex abuse scandal involving a former assistant coach. — Paterno said in a statement Wednesday he would retire after the season …

Discussion: Fox Sports, The Moderate Voice, Balloon Juice and Scared Monkeys

CBS News:

Paterno fired over Penn St. child abuse scandal — Penn State football coach Joe Paterno arrives home Nov. 9, 2011, in State College, Pa. (AP Photo) — The Penn State Scandal — STATE COLLEGE, Pa. - In a massive shakeup, Penn State football coach Joe Paterno and school president Graham Spanier …

Discussion: CBS Boston, The Daily Dish, Alan Colmes' Liberaland, Mediaite, Crooks and Liars, Political Mojo and ESPN

Mark Viera / New York Times:

Penn State Coach Joe Paterno Is Fired — STATE COLLEGE, Pa. — Graham B. Spanier, one of the longest-serving and highest-paid university presidents in the nation, who has helped raise the academic profile of Penn State during his tenure, stepped down Wednesday night in the wake …

Discussion: LA Times Sports Blog, Sky Dancing, Maggie's Notebook, Jezebel and Clayton Cramer's Blog

Sports Illustrated:

The Penn State scandal echoes a hockey horror … Every once in a while we hardcore sports fans are reminded of our childish immaturity. — How else can you describe adults who spend a good part of their lives watching, listening, and discussing other adults who play games with sticks and balls, hoops and pucks?

Discussion: Salon.com, Rod Dreher, The Huffington Post and Ed Driscoll

Nate Schweber / New York Times:
Penn State Students Clash With Police in Unrest After Announcement

Discussion: CBS Chicago, Rod Dreher and Balloon Juice

Maureen Dowd / New York Times:
Personal Foul at Penn State

Discussion: American Spectator, Booman Tribune, Mediaite, Don Surber and Althouse

Megan McArdle / The Atlantic Online:

The Financial Folly of Fairness — When I was a young and naive economics writer, I used to write about developing countries a fair amount. Time and again they would make these bizarre and pointless moves, like suddenly and for no apparent reason defaulting on a bunch of debt.

Discussion: Political Mojo

Paul Krugman:
This Is The Way The Euro Ends

Discussion: Donklephant, Brad DeLong, Felix Salmon, Outside the Beltway, New Atlanticist, US Politics and Balloon Juice

Simon Nixon / Wall Street Journal:
Don't Bank on ECB Rescuing Italy

Discussion: New Economic Perspectives and naked capitalism

Martin Wolf / Financial Times:
Thinking through the unthinkable

Discussion: Finance

John Quiggin / New York Times:
Euro Crisis's Enabler: The Central Bank

Discussion: Firedoglake and Washington Post

Quinnipiac University:

Obama, Romney Tied In Florida, Ohio, Pennsylvania, Quinnipiac University Swing State Poll Finds; Cain, Romney Duel For Gop Lead In All Three States — One year before the presidential election, President Barack Obama and former Massachusetts Gov. Mitt Romney are running neck and neck in Florida …

Discussion: GOP 12, The Politico and Naked Politics

Josh Lederman / Ballot Box:

Debate crowd cheers Cain in face of sexual harassment claims — Onstage at his first presidential debate since sexual harassment allegations against him emerged more than a week ago, Herman Cain dismissed the accusations as a “character assassination” Wednesday — and was enthusiastically backed up by the debate audience.

Discussion: The Politico and CNN

Richard Adams / Guardian:
GOP debate in Michigan - as it happened

Discussion: Maggie's Notebook, The PJ Tatler, Liberal Values and Wonkette

Urban Infidel:

Occupy Wall Street: Zucotti Square Day 53 & Counting - The Crazy Has Set In — So much has been said about this movement, it has no discernible point, it smells, it's violent, it has rapes, arson, assault, vandalism, theft and psychotics running the place along with a growing rap sheet, so I wasn't sure what else I could find.

Discussion: Jammie Wearing Fools and Weasel Zippers

Zombie:
Fresh anti-Semitic videos coming out of Occupy Wall Street

Discussion: Verum Serum, Hot Air, OWS Exposed and Israel Matzav

Craig Whitlockand Greg Jaffe / Washington Post:

Remains of war dead dumped in landfill — The Dover Air Force Base mortuary for years disposed of some dead troops' body parts by burning them and dumping the ashes in a Virginia landfill, a practice that officials have since abandoned in favor of burying the remains at sea.

Discussion: Outside the Beltway, ABCNEWS, Pat Dollard and Mediaite

Alex Alvarez / Mediaite:

CNBC Debate Anchor Challenges Herman Cain Over ‘Princess Nancy’ Comment Given Recent Scandal — After Wednesday night's GOP debate on CNBC, candidate Herman Cain was asked about the booing that took place when he was asked about the allegations against him, as well as his decision to refer to Nancy Pelosi as “Princess Nancy.”

Jake Tapper / ABCNEWS:

Obama Administration to Delay New 15-Cent Christmas Tree ‘Fee’ — The U.S. Department of Agriculture is going to delay implementation and revisit a proposed new 15 cent fee on fresh-cut Christmas trees, sources tell ABC News. The fee, requested by the National Christmas Tree Association in 2009 …

Jeremy Holden / Media Matters for America:
Artificial War On Christmas Campaign Launches Fake Obama “Christmas Tree Tax”

Discussion: Mediaite, No More Mister Nice Blog and The Heritage Foundation

Conn Carroll / Campaign 2012:

NLRB lawyer: “We screwed up the U.S. economy” — New documents obtained by Judicial Watch show acting National Labor Relations Board General Counsel Lafe Solomon joking that the NLRB's suit against Boeing would kill jobs in South Carolina. Commenting on a Planet Labor article whose headline …

Discussion: Weasel Zippers, The PJ Tatler and The Lonely Conservative

Kevin Bogardus / The Hill:
Senator threatened labor board before Boeing complaint

Discussion: The Politico

Stuart Tomlinson / Oregonian:

Police arrest man at Occupy Portland camp for throwing Molotov cocktail into stairwell at World Trade Center — A 29-year-old man was arrested this morning inside the Occupy Portland encampment, police said, on suspicion of throwing a Molotov cocktail onto a staircase at the World Trade Center last night.

Discussion: The Gateway Pundit and Jammie Wearing Fools

Alicia M. Cohn / Ballot Box:

Conservatives organize to defeat Romney — A coalition of conservatives is working to organize the disparate groups opposing Mitt Romney as the Republican presidential nominee. — While much has been made of Romney's lack of support amongst conservative Republicans, the sense of malaise …

Discussion: Prairie Weather

Eric Boehlert / Media Matters for America:

Bully: Limbaugh Repeatedly Attacks Cain Accuser's 13-Year-Old Son — Using the power of his top-rated, nationally syndicated Clear Channel radio show, Rush Limbaugh on Tuesday repeatedly turned his AM wrath on a schoolboy and portrayed the 13 year-old as a villain in the Herman Cain sexual harassment saga.

Discussion: No More Mister Nice Blog

Felicity Barringer / New York Times:

Parks Chief Blocked Plan for Grand Canyon Bottle Ban — Weary of plastic litter, Grand Canyon National Park officials were in the final stages of imposing a ban on the sale of disposable water bottles in the Grand Canyon late last year when the nation's parks chief abruptly blocked the plan …

Discussion: ABCNEWS

Philip Klein / Campaign 2012:

Wash Post ombudsman condemns anti-Hamas tweet — To most people, wishing for the death of terrorists is pretty non-controversial stuff. But then again, those people don't live in the bizarro world of the Washington Post's ombudsman. — Post blogger Jennifer Rubin drew the ire …

Discussion: Balloon Juice and Washington Post

Daniel Strauss / The Hill:

Dem lawmaker would be fine with supercommittee failure, automatic cuts — A Democratic legislator said it would be fine with him if the supercommittee failed to reach agreement and steep, automatic cuts to domestic and defense spending happened. — “I hope that they cannot reach an agreement …

Discussion: Capital New York, Weasel Zippers, Pat Dollard, Hot Air and Fire Andrea Mitchell!