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 …
RELATED:
Felix Salmon:
Chart of the day, Morgan Stanley bailout edition — Ladies and Gentlemen, this is what a lender of last resort looks like. What you're looking at here are three lines. The black line is Morgan Stanley's market capitalization, which tends to hover in the $40 billion range but which fell as low as $9.8 billion in November 2008.
Kevinliptak / CNN:
Barney Frank not seeking re-election in 2012 — Washington (CNN) - Massachusetts Congressman Barney Frank, a prominent 16-term liberal Democrat and arch-enemy of political conservatives nationwide, will announce Monday he does not intend to seek re-election in 2012, according to a statement from Frank's office.
RELATED:
Boston Globe:
Barney Frank not to seek reelection in 2012 — On April 20, 2010, US Representative Barney Frank, then chairman of the House Financial Services Committee, struck the gavel during a hearing on the Lehman Brothers collapse — US Representative Barney Frank, the state's highest-profile congressman …
Discussion:
Roll Call, Washington Monthly, Hot Air, Michelle Malkin, The Caucus, The Moderate Voice, Washington Post, JustOneMinute and Outside the Beltway
Ian Swanson / Ballot Box:
Rep. Frank won't run for reelection
Rep. Frank won't run for reelection
Discussion:
americanthinker.com and Sister Toldjah
Jessica Taylor / Hotline On Call:
Barney Frank To Retire From Congress
Barney Frank To Retire From Congress
Discussion:
The PJ Tatler, Patterico's Pontifications and Balloon Juice
Charles Franklin / Polls And Votes:
Recognition and Favorability of GOP2012 Candidates — The rise of Newt Gingrich over the past 10 days or so, now capped with a Manchester Union Leader endorsement, is the culmination of a months long rejuvenation process. In April Gingrich ran neck-and-neck with Mitt Romney in net favorability ratings …
Discussion:
The American Prospect and New York Times
RELATED:
Eason Jordan / Poll Position:
Gingrich 32%, Romney 23% — Newt Gingrich's surge to the top of the GOP presidential race has given him a nine-percent lead over long-time frontrunner Mitt Romney. — In the first national scientific public opinion poll since Gingrich garnered a key New Hampshire newspaper endorsement …
Discussion:
The Hill, Taegan Goddard's … and The Political Carnival
Kevinliptak / CNN:
Gingrich: I'm ‘a lot more conservative’ than Romney — (CNN) - Newt Gingrich went after candidates who “adopt radically different positions” Monday, positioning himself as a “conservative alternative” to fellow contender Mitt Romney in the race for the 2012 GOP presidential nomination.
Discussion:
Washington Monthly, GOP 12, Hot Air, Swampland and The Moderate Voice
Trip Gabriel / New York Times:
Gingrich Eager to Be More Than an Anti-Romney
Gingrich Eager to Be More Than an Anti-Romney
Discussion:
The Caucus, Bloomberg, The Politico, msnbc.com, ABCNEWS, Taylor Marsh, Daily Kos and The Hill
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.
Discussion:
Bloomberg, Northern Reflections, iOwnTheWorld.com, americanthinker.com, Jammie Wearing Fools and Scared Monkeys
RELATED:
oecd.org:
OECD calls for urgent action to boost ailing global economy — Decisive policies must be urgently put in place to stop the euro area sovereign debt crisis from spreading and to put weakening global activity back on track, says the OECD's latest Economic Outlook.
Discussion:
Payvand Iran News, Gothamist, Business Insider and msnbc.com
RELATED:
Liz Alderman / New York Times:
New Reports Warn of Escalating Dangers From Europe's Debt Crisis
New Reports Warn of Escalating Dangers From Europe's Debt Crisis
Discussion:
CANNONFIRE, Guardian, Early Warning and Business Insider
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:
David Dayen / Firedoglake:
Euro Watch: Days of Decision for Europe
Euro Watch: Days of Decision for Europe
Discussion:
Bloomberg, Eschaton, Business Insider and Agence France Presse
James Surowiecki / New Yorker:
AN AVOIDABLE CRISIS — The financial crisis in Europe …
AN AVOIDABLE CRISIS — The financial crisis in Europe …
Discussion:
Daniel W. Drezner
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.
Discussion:
ThinkProgress, NewsBusters.org blogs, Questions and Observations, Hot Air, Erick's blog and Prairie Weather
James Delingpole / Wall Street Journal:
Climategate 2.0 — A new batch of leaked emails again shows some leading scientists trying to smear opponents. — Last week, 5,000 files of private email correspondence among several of the world's top climate scientists were anonymously leaked onto the Internet.
Discussion:
Little Green Footballs and JunkScience.com
RELATED:
Richard Harris / NPR:
Ahead Of Climate Talks, U.S. Leadership In Question
Ahead Of Climate Talks, U.S. Leadership In Question
Discussion:
Reuters, ThinkProgress, New York Times, Insurance Daily and Questions and Observations
Thomas B. Edsall / Campaign Stops:
The Future of the Obama Coalition — For decades, Democrats have suffered continuous and increasingly severe losses among white voters. But preparations by Democratic operatives for the 2012 election make it clear for the first time that the party will explicitly abandon the white working class.
Discussion:
Weasel Zippers, Hullabaloo, Steve Sailer's iSteve Blog, Instapundit and Jammie Wearing Fools
NewsMax.com:
Bill Clinton: Hillary to Play ‘Major Role’ After She Leaves Obama Administration — More ways to share... Mixx — Stumbled — LinkedIn — Vine — Buzzflash — Newstrust — Technocrati — Forward Article — Former President Bill Clinton revealed in an exclusive Newsmax …
Discussion:
The Politico
Zaid Jilani / ThinkProgress:
Why We Occupy: Visualizing The 2012 Federal Discretionary Budget — One reason so many people have taken to the streets as part of the 99 Percent Movement is because of the country's lopsided priorities. The following graphic shows the makeup of federal discretionary spending in the Fiscal Year 2012 budget.
Discussion:
War in Context
Jonathan Easley / The Hill:
Sen. Toomey says Dems torpedoed supercommittee to protect Obama — Supercommittee member Sen. Pat Toomey (R-Pa.) accused Democrats on Monday of torpedoing the deficit supercommittee because a success would have “stepped on” President Obama's campaign narrative.
Discussion:
The Politico