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12:15 PM ET, November 21, 2011

memeorandum

 Top Items: 
Wall Street Journal:
The Hillary Moment  —  President Obama can't win by running a constructive campaign, and he won't be able to govern if he does win a second term.  —  When Harry Truman and Lyndon Johnson accepted the reality that they could not effectively govern the nation if they sought re-election to the White House …
RELATED:
Andrew Malcolm / Investor's Business Daily:
The ‘Dump Obama’ movement has begun; Guess who'd replace him?  —  Faced with peanut-sized Jimmy Carter poll numbers, disturbing big-donor reluctance, unacceptable unemployment and depressing economic forecasts, President Obama heads back on the road tomorrow to do what he always does when in trouble:
Jonathan Chait / New York Magazine:
When Did Liberals Become So Unreasonable?  —  If every Democratic president disappoints, maybe there's something wrong with our expectations.  Tough love from a fellow traveler.  —  “The disappointment and disillusionment with President Clinton are widespread.”  —Bob Herbert, New York Times, 1993
Discussion: Ben Smith's Blog and News Desk
Michael Catalini / NationalJournal.com:
Democratic Pollsters: Obama Should Abandon Run for Second Term  —  President Obama should abandon his run for a second term and turn over the reins of the Democratic Party to Secretary of State Hillary Clinton, two one-time Democratic pollsters wrote in Monday's Wall Street Journal, which appeared online Sunday.
Jeffrey M. Jones / Gallup:
Romney, Gingrich Now Top Choices for GOP Nomination  —  Gingrich's support on the rise this month  —  PRINCETON, NJ — Republicans are most likely to name Mitt Romney and Newt Gingrich as their first choice for their party's 2012 presidential nomination, with Herman Cain close behind.
RELATED:
First Read / msnbc.com:
First Thoughts: Worst.  Congress.  Ever?  —  Worst.  Congress.  Ever?... The Super Committee's failure is the latest evidence to back up that assertion... The blame game begins over the Super Committee... Then again, gridlock could end up succeeding to produce as much as $6 trillion …
Brent Budowsky / Pundits Blog:   Ron Paul is surging, an Iowa and New Hampshire front-runner and powerful third-party possibility
Susan Page / USA Today:
Rising from the pack, Gingrich invites scrutiny
Discussion: Ben Smith's Blog and msnbc.com
Susan Page / USA Today:
Gingrich rises, Cain drops in new poll
Discussion: msnbc.com
New York Times:
Deficit Deal Fell Apart After Seeming Agreement  —  WASHINGTON — The one sliver of real hope came a week ago, in the darkened Capitol on the Sunday night after Veterans Day.  —  Called away from dinner tables, the Jets-Patriots game on television and, in one case, a soccer team party …
RELATED:
Associated Press:
Lawmakers already taking aim at auto-cuts
BBC:
‘Super-committee’ on brink of US deficit failure
Discussion: The Agonist
David Frum / New York Magazine:
When Did the GOP Lose Touch With Reality?  —  Some of my Republican friends ask if I've gone crazy.  I say: Look in the mirror.  —  It's a very strange experience to have your friends think you've gone crazy.  Some will tell you so.  Others will indulgently humor you.  Still others will avoid you.
Paul Krugman / New York Times:
Boring Cruel Romantics  —  There's a word I keep hearing lately: “technocrat.”  Sometimes it's used as a term of scorn — the creators of the euro, we're told, were technocrats who failed to take human and cultural factors into account.  Sometimes it's a term of praise …
RELATED:
Alan Diaz / ABCNEWS:
Michelle Obama, Dr. Jill Biden Draw Boos at NASCAR Event  —  First Lady Michelle Obama and Dr. Jill Biden were grand marshals at today's NASCAR season finale at Homestead-Miami Speedway, appearing as part of their charitable campaign to support military veterans and their families.
RELATED:
Washington Examiner:
Newt Gingrich was a lobbyist, plain and simple  —  Former Speaker of the House Newt Gingrich (R-GA) arrives for a meeting in the Longworth House Office Building on Capitol Hill March 31, 2011 in Washington, DC.  Gingrich met with about 20 freshman Republican members of Congress and discussed ways …
Judd Gregg / The Hill:
Where in the world is Obama?  —  The president was in Hawaii while the supercommittee hit stall speed.  What is new about this?  Very little.  —  Throughout his term, President Obama has avoided leading on the issue of fiscal responsibility.  He walked away from his own commission …
CBS News:
America's new poor  —  PLAY CBS NEWS VIDEO … In Forsyth County's rolling subdivisions near Atlanta, Easy Street seems to run forever.  What recession?  The average household here earns $88,000 - the highest in Georgia, 13th highest in America.  —  But for more families here, prosperity is a pretense.
Discussion: Crooks and Liars
Tanya Somanader / ThinkProgress:
Super Committee Member Sen. Kerry: Grover Norquist Is ‘The 13th Member Of This Committee’  —  Today, the 12-member congressional super committee is expected to announce failure to reach an agreement to cut $1.5 trillion from the federal budget.  One of major “sticking divides,” …
J. Andrew Curliss / Raleigh News & Observer:
Pullen Baptist takes a stand for gay marriage  —  The full congregation of Raleigh's Pullen Memorial Baptist Church voted Sunday to prohibit the church pastor from legally marrying anyone until she can legally marry same-sex couples under North Carolina law.
Discussion: ThinkProgress and Joe. My. God.
CNN:
‘Lone wolf’ terror suspect arrested in New York  —  New York (CNN) — Authorities have arrested a man they claim was plotting to detonate pipe bombs in and around New York, Mayor Michael Bloomberg said Sunday night.  —  The intended targets of Jose Pimentel, 27, were U.S. military personnel …
RELATED:
David Edwards / The Raw Story:
Krugman: ‘Only fools and clowns’ believe Republican ideology  —  New York Times columnist Paul Krugman says that Newt Gingrich is just the latest of the “fools and clowns” in the Republican presidential race to become a frontrunner.  —  “I have a structural hypothesis here,” Krugman told ABC's Christiane Amanpour Sunday.
 
 
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 More Items: 
Rita Nazareth / Bloomberg:
U.S. Stocks Tumble Amid Supercommittee Likely Failure
Agence France Presse:
‘Time has come’ to act on Iran, Israel says
Travis Waldron / ThinkProgress:
Perry Promises To End Civilian-Controlled Military
Discussion: Prairie Weather and US Politics
Kevin Landrigan / Nashuatelegraph.com:
Ayotte, Bass get behind Romney
Christine Haughney / New York Times:
Rich New Yorkers Are Driving Custom-Designed Cargo Vans
Discussion: Business Insider, Wonkette and Gawker
Scott Turow / Bloomberg:
How Occupy Wall Street Can Restore Clout of the 99%: Scott Turow
Discussion: Daily Kos
 Earlier Items: 
Robert Lenzner / Yahoo! News:
The Top 0.1% Of The Nation Earn Half Of All Capital Gains
Discussion: US Politics
Kevinliptak / CNN:
Perry supporters in New Hampshire voice concerns to campaign manager
Discussion: Iowa Caucuses
E.J. Dionne Jr / Washington Post:
Occupy our consciences  —  Everyone on the left side …
Chris Cillizza / Washington Post:
President Obama's base of support remains solid heading into 2012
Kevinliptak / CNN:
Bachmann book underscores come-from-behind wins
Discussion: GOP 12
John Hinderaker / Power Line:
James Hansen and the Corruption of Science
William Yardley / New York Times:
Oscar Ortega Struggled With Mental Illness, Family Says
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumped 50%+ after hours

 
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