Top Items:
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 …
Daniel Strauss / The Hill:
Frank: Gingrich against Obama ‘best thing’ for Dems since Goldwater — Rep. Barney Frank (D-Mass.) said the Democratic Party would benefit from Newt Gingrich winning the GOP 2012 presidential nomination. — “He would be the best thing to happen to Democrats since Barry Goldwater,” Frank said at a press conference on Monday.
Discussion:
CNN and The Atlantic Online
Peter Schroeder / The Hill:
Maxine Waters in line to take over from Frank on Financial Services
Maxine Waters in line to take over from Frank on Financial Services
Discussion:
The Enterprise Blog and Weasel Zippers
Megan McArdle / The Atlantic Online:
Barney Frank Will Not Run Again—So Which Dem Will Run Financial Services?
Barney Frank Will Not Run Again—So Which Dem Will Run Financial Services?
Discussion:
Ed Driscoll
Boston Globe:
Barney Frank won't seek reelection in 2012
Barney Frank won't seek reelection in 2012
Discussion:
American Prospect, Hot Air, Slate and The Hill
Igor Volsky / ThinkProgress:
Barney Frank Challenges Gingrich To Debate Over DOMA In Retirement Speech
Barney Frank Challenges Gingrich To Debate Over DOMA In Retirement Speech
Discussion:
Sky Dancing and Towleroad News #gay
Ian Swanson / Ballot Box:
Rep. Frank won't run for reelection
Rep. Frank won't run for reelection
Discussion:
americanthinker.com, Truthdig and Sister Toldjah
Jazz Shaw / Hot Air:
Barney Frank - Exit stage left
Barney Frank - Exit stage left
Discussion:
Taegan Goddard's …, The Other McCain, Business Insider, Bookworm Room and Patterico's Pontifications
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 …
Discussion:
The Hill, Pundits Blog, Sunlight Foundation Blog, The Political Carnival, ThinkProgress, Crooks and Liars, naked capitalism, Runnin' Scared, Economix, Sky Dancing, Wonkette, Concurring Opinions, Firedoglake, Swampland, msnbc.com, Balloon Juice, Campaign 2012, EconomicPolicyJournal.com, The Raw Story, The Politico, Business Insider and Booman Tribune
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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.
Discussion:
The Atlantic Online, Big Government, The Glittering Eye, Business Insider and Political Mojo
Matthew Yglesias / Slate:
How The Fed's Generosity Made $13 Billion For America's Biggest Banks
How The Fed's Generosity Made $13 Billion For America's Biggest Banks
Discussion:
Paul Krugman, Political Mojo, Big Government, Weasel Zippers and EconomicPolicyJournal.com
Yossi Melman / Reuters:
Report: Explosion rocks Iran city of Isfahan, home to key nuclear facility — Semi-official Fars news agency says blast heard distinctly in several parts of the western Iran city; a uranium conversion plant near Isfahan went online in 2004. — An explosion rocked the western Iranian city …
Discussion:
Ynetnews, The Gateway Pundit, Weasel Zippers and Israel Matzav
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Jeff Dunetz / YID With LID:
BREAKING: Huge Explosion In IRAN's Nuke City — Less than two weeks after a mysterious explosion destroyed an Iranian missile development base, and the same day the Israeli Military reported on the effect of that explosion, Iran's official news agency FARS reported that a loud blast was heard …
Discussion:
Ynetnews, Elder of Ziyon and Israel Matzav
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:
Daily Kos, The Monkey Cage and New York Times
RELATED:
Zaid Jilani / ThinkProgress:
Union Leader Declined To Endorse Romney Because He ‘Represents The One Percent’
Union Leader Declined To Endorse Romney Because He ‘Represents The One Percent’
Discussion:
No More Mister Nice Blog, The New Republic, FiveThirtyEight and Daily Kos
Eason Jordan / Poll Position:
Gingrich 32%, Romney 23% — Newt Gingrich's surge to the top …
Gingrich 32%, Romney 23% — Newt Gingrich's surge to the top …
Discussion:
The Hill and The Political Carnival
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.
Peter Fenn / Pundits Blog:
Mitt Romney: A weathervane in a hurricane — In 2008, when I criticized Mitt Romney for being a weathervane in a hurricane on the TV talk shows, I thought he was simply trying to undo some of his issue stands from his Massachusetts days to appeal to a much more right-wing Republican audience in the campaign for president.
Discussion:
CNN, Iowa Caucuses and Metro
RELATED:
Kevinliptak / CNN:
Gingrich: I'm ‘a lot more conservative’ than Romney
Gingrich: I'm ‘a lot more conservative’ than Romney
Discussion:
RedState, Investor's Business Daily, ABCNEWS, Washington Monthly, Hot Air, GOP 12, The Moderate Voice, Swampland and Salon
Jeff Zeleny / The Caucus:
Gingrich Says He's ‘Conservative Alternative’ to Romney
Gingrich Says He's ‘Conservative Alternative’ to Romney
Discussion:
www.943wsc.com, The Moderate Voice and New York Times
Greg Sargent / Washington Post:
Inequality: A winning issue for Dems in 2012 — It's become an article of faith among Republicans, and even some neutral commentators: By embracing the larger message of Occupy Wall Street, and by pushing issues of income inequality and tax fairness to the fore, Democrats risk alienating swing voters …
Discussion:
Campaign 2012, Weasel Zippers and Ben Smith's Blog
RELATED:
William Yardley / New York Times:
The Branding of the Occupy Movement
The Branding of the Occupy Movement
Discussion:
Mondoweiss, NewsBusters.org, War in Context, Media Decoder and Poynter
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.
RELATED:
Kelly Rigg / The Huffington Post:
Can the Durban Climate Talks Prevent ‘Betrayal of all Humanity’?
Can the Durban Climate Talks Prevent ‘Betrayal of all Humanity’?
Discussion:
BBC, Daily Kos, Guardian and The Daily Caller
Mike Allen / The Politico:
DNC to Romney: There you go again - Steve Schwarzman backs Mitt - POLITICO behind-the-scenes eBook on 2012 debuts Wed.: The old Newsweek project, IN REAL TIME — NYT debunks dumb law — Good Monday morning. BRUTAL VIDEO: The DNC, working to define Mitt Romney even before Republicans have a nominee …
Discussion:
CNN, The Caucus and The Daily Caller
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:
Money & Company, Payvand Iran News, Business Insider, Gothamist and msnbc.com
RELATED:
James Surowiecki / New Yorker:
AN AVOIDABLE CRISIS — The financial crisis in Europe …
AN AVOIDABLE CRISIS — The financial crisis in Europe …
Discussion:
New York Times, Daniel W. Drezner and Financial Times
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:
The Political Carnival and War in Context
Edward Wyatt / New York Times:
WASHINGTON — A federal judge in New York on Monday threw out a settlement between the Securities and Exchange Commission and Citigroup over a 2007 mortgage derivatives deal, saying that the S.E.C.'s policy of settling cases by allowing a company to neither admit nor deny the agency's allegations did not satisfy the law.
Discussion:
The Political Carnival and The Agonist
RELATED:
Erik Wasson / The Hill:
Judge blocks Citigroup settlement with SEC over mortgage fraud
Judge blocks Citigroup settlement with SEC over mortgage fraud
Discussion:
Swampland, Business Insider and Prairie Weather
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.