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8:45 AM ET, November 28, 2011

memeorandum

 Top Items: 
Bloomberg:
Secret Fed Loans Gave U.S. Banks Undisclosed $13B  —  The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret.  Now, the rest of the world can see what it was missing.  —  The Fed didn't tell anyone which banks …
Wolfgang Münchau / Financial Times:
The eurozone really has only days to avoid collapse  —  In virtually all the debates about the eurozone I have been engaged in, someone usually makes the point that it is only when things get bad enough, the politicians finally act - eurobond, debt monetisation, quantitative easing, whatever.
RELATED:
Wall Street Journal:
Europe's Leaders Pursue New Pact  —  BERLIN—Euro-zone leaders are negotiating a potentially groundbreaking fiscal pact aimed at preventing the currency bloc from fracturing by tethering its members even closer together.  —  The proposal, which hasn't yet been agreed to …
Discussion: FT Alphaville
Paul Krugman / New York Times:
Things to Tax  —  The supercommittee was a superdud — and we should be glad.  Nonetheless, at some point we'll have to rein in budget deficits.  And when we do, here's a thought: How about making increased revenue an important part of the deal?  —  And I don't just mean a return to Clinton-era tax rates.
CTV.ca:
Canada to pull out of Kyoto Protocol next month … Date: Sun.  —  Canada will announce next month that it will formally withdraw from the Kyoto Protocol, CTV News has learned.  —  The Harper government has tentatively planned an announcement for a few days before Christmas, CTV's Roger Smith reported Sunday evening.
Associated Press:
Teen tweeter won't apologize to Sam Brownback  —  KANSAS CITY, Mo. - A Kansas teenager who wrote a disparaging tweet about Gov. Sam Brownback said Sunday that she is rejecting her high school principal's demand for a written apology.  —  Emma Sullivan, 18, of the Kansas City suburb of Fairway …
BBC:
Strike: BBC poll suggests strong support  —  An opinion poll commissioned by BBC News suggests 61% of people believe public sector workers are justified in going on strike over pension changes.  —  More than two million people are due to walk out on Wednesday.
Discussion: blogs.telegraph.co.uk and Guardian
Jonathan Wynne-Jones / Telegraph:
Christian worker loses her job after being ‘targeted’ by Islamic extremists  —  A Christian worker has launched a landmark legal action after she lost her job when she blew the whistle on what she says was a campaign of “race hate” by fundmentalist Muslims.  —  Nohad Halaoui is claiming …
Alicia M. Cohn / The Hill:
Romney calls on Obama to block $600B in defense cuts  —  Mitt Romney on Sunday called for President Obama to halt the $600 billion in automatic cuts aimed at the Defense department as a consequence of the failed debt supercommittee.  —  “I'm calling on the president to say no way for those cuts …
New York Times:
The Price of Intolerance  —  It's early yet for a full accounting of the economic damage Alabama has done to itself with its radical new immigration law.  —  Farmers can tally the cost of crops left to rot as workers flee.  Governments can calculate the loss of revenues when taxpayers flee.
Discussion: Prairie Weather
Sky News Australia:
Pakistanis burn Obama effigy and US flag  —  Video for this article is not available as your browser either does not support JavaScript and/or Flash Player 9+ or they are currently disabled in your browser settings.  —  Hundreds of enraged Pakistanis have taken to the streets across the country …
Frances Martel / Mediaite:
CNN Prank Caller Poses As Student Arrested In Cairo, Thanks 'Baba Booey's Monkey Nuts' For Freedom  —  CNN anchor Fredricka Whitfield got a bit of an unwelcome surprise this evening as an interview with who she thought was Gregory Porter, an American student recently arrested and released in Cairo, went awry.
Discussion: BuzzFeed
 
 
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 More Items: 
Neela Banerjee / Los Angeles Times:
Parties look to payroll tax deal after collapse of deficit talks
T.W. Farnam / Washington Post:
Democrats post big fundraising numbers for 2012 House races
Discussion: Don Surber and Prairie Weather
First Read / msnbc.com:
Arizona's controversial Sheriff Arpaio set to endorse Rick Perry
Discussion: The Hill, Gawker, ABCNEWS and HotAirPundit
David Kocieniewski / New York Times:
But Nobody Pays That: Estée Lauder Heir's Tax Strategies Typify Advantages for Wealthy
Ben Farmer / Telegraph:
Insurgent commander who planned bomb attacks that ‘blew soliders to bits’ is granted amnesty
Discussion: Weasel Zippers and Jihad Watch
 Earlier Items: 
Jennifer Epstein / The Politico:
Obama's toughest critic: Obama
New York Times:
Arab League Approves Sanctions Against Syria
Kevinliptak / CNN:
Cain: Confusion has led to drop in support