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1:45 PM ET, November 29, 2011

Top Items:

BREAKING: Cain ‘Reassessing’ Candidacy — In a conference call this morning, Herman Cain told his senior staff that he is “reassessing” whether to remain in the race. He told them he will make his final decision “over the next several days.”

Justin Sink / The Hill:

Report: Cain “reassessing” whether to stay in race — Herman Cain told members of his staff that he is “reassessing” his decision to remain in the race for the Republican presidential nomination following new allegations that he conducted a 13-year-long affair with an Atlanta businesswoman.

Discussion: CNN, The Moderate Voice and Le·gal In·sur·rec· tion

Dale Russell / MyFox Atlanta:

Georgia Woman Claims 13-Year Affair with Herman Cain — Ginger White's exclusive interview with the I-Team — ATLANTA, Ga. - An Atlanta businesswoman is breaking her silence, claiming she has been involved in a 13-year-long affair with Republican presidential candidate Herman Cain.

Discussion: RedState, blogs.thedailybeast.com, Hit & Run, Ace of Spades HQ, Power Line, CNN, ABCNEWS, The Daily Dish, Media Decoder, Iowa Caucuses, Scared Monkeys, The Strata-Sphere, Indecision Forever, Campaign 2012, Sky Dancing, Clayton Cramer's Blog, Mediaite, Hugh Hewitt's TownHall Blog, msnbc.com, Jammie Wearing Fools, The Daily Caller, Vox Popoli, Swampland, Business Insider, AlterNet, The Reaction, Daily Kos, Washington Post, ThinkProgress, 2012.talkingpointsmemo.com, Ben Smith's Blog, Crooks and Liars, Gawker, The Caucus, CBS News, Washington Wire, Balloon Juice, Pundit & Pundette, The Atlantic Online, Piers Morgan, americanthinker.com, Weasel Zippers, Outside the Beltway, Los Angeles Times, TBogg, The Political Carnival, TVNewser, FilmLadd Blogs, Le·gal In·sur·rec· tion, RealClearPolitics Video Log, The Moderate Voice, Hot Air, Taylor Marsh, Orlando Sentinel, Gothamist, Poynter, Angry Bear, We are respectable negroes, nation.foxnews.com, The Politico, Little Green Footballs, Truthdig, Booman Tribune, Taegan Goddard's …, TalkLeft, Verum Serum, Althouse, NO QUARTER, Bob Owens and The Page, more at Mediagazer »

Jeff Zeleny / The Caucus:

Cain Reassessing Candidacy Amid New Allegations — Herman Cain told members of his campaign staff on Tuesday that he was reassessing whether to proceed with his presidential campaign, an aide confirmed, a day after an Atlanta woman disclosed details of what she said was a 13-year affair with him.

Discussion: TalkLeft, Pat Dollard, Truthdig, americanthinker.com and Ricochet Conversations Feed

Susan Saulny / New York Times:

Cain Accused of Affair by Ginger White — An Atlanta woman came forward in an interview broadcast Monday night with details about what she called a 13-year affair with Herman Cain, the Republican presidential contender whose campaign was already struggling to overcome damage from accusations of sexual harassment.

Discussion: ThinkProgress, Feministe, Iowa Caucuses, Washington Monthly, Hotline On Call, The Other McCain and Wonkette

Jennifer Jacobs / Iowa Caucuses:

Herman Cain to staff: We're reassessing campaign, but plowing on for now — Herman Cain with his wife, Gloria, on May 21, the day he announced his presidential candidacy at Centennial Olympic Park in Atlanta. (AP photo) — Herman Cain told his national campaign staff today that he needs …

Discussion: New York Magazine, Talking Points Memo, Mediaite, Business Insider, The Atlantic Online, msnbc.com, Campaign 2012, Hot Air and RedState

Karen Tumulty / Washington Post:

Herman Cain re-assessing presidential candidacy — Businessman Herman Cain told senior members of his campaign on a conference call this morning that he is reassessing whether or not to remain in the Republican presidential race. — Republican presidential hopeful Herman Cain campaigns in Talladega, Ala., Oct. 28.

Discussion: Washington Monthly, Jack & Jill Politics, EconomicPolicyJournal.com, The Raw Story and Towleroad News #gay

ABCNEWS:
Herman Cain Reassessing Campaign

Discussion: Daily Kos

Brian Montopoli / CBS News:
Herman Cain “reassessing” candidacy after affair claim

Discussion: Wonkette, Lawyers, Guns & Money and Iowa Caucuses

Richard Teitelbaum / Bloomberg:

How Paulson Gave Hedge Funds Advance Word — Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier …

Discussion: Firedoglake, Felix Salmon, ThinkProgress, Ben Smith's Blog, Money & Company, Gawker, New York Magazine, Mish's Global Economic …, Truthdig, Taegan Goddard's …, The Future of Capitalism, Business Insider, EconomicPolicyJournal.com, Prairie Weather and Businessweek

BBC:

Iran protesters storm UK embassy in Tehran — Militant students are said to have removed the British flag, burnt it and replaced it with Iran's flag. State TV showed youths smashing embassy windows. — The move comes after Iran resolved to reduce ties following the UK's decision to impose further sanctions on it.

Discussion: The Lede, UN Dispatch, World Now, CANNONFIRE, DownWithTyranny!, Via Meadia, Truthdig, Bob Owens, The Agonist and Israel Matzav

Robin Pomeroy / Reuters:
Iranian protesters storm British embassy

Discussion: Pat Dollard and Gates of Vienna

Damien McElroy / Telegraph:
British embassy in Iran attacked by protesters

Discussion: Weasel Zippers, blogs.telegraph.co.uk, The Atlantic Online, The Jawa Report and Atlas Shrugs

CNN:
Iranian protest leads to embassy incursion

Discussion: The Atlantic Online, The Page and Jihad Watch

Mj Lee / The Politico:

Chris Christie: President Obama's just a ‘bystander’ — Gov. Chris Christie on Monday tore into President Barack Obama in the aftermath of the supercommittee's failure to reach an agreement on debt reduction last week, asking the president, “What the hell are we paying you for?”

Discussion: Washington Monthly, Weasel Zippers, Right Wing News, Business Insider and National Review

Justin Sink / The Hill:

Christie rips Obama over deficit talks: ‘What the hell are we paying you for?’ — New Jersey Gov. Chris Christie ripped President Obama for the failure of the debt supercommittee calling the president “a bystander in the Oval Office” in comments Monday. — “I was angry this weekend …

Discussion: Shakesville, Bob Owens, The Gateway Pundit and americanthinker.com

Josh Lederman / The Hill:

Retirements hit Dem aspirations for a House takeover in 2012 — Rep. Barney Frank's (D-Mass.) announcement Monday that he won't seek reelection — coming on the heels of Rep. Charles Gonzalez's (D-Texas) weekend announcement to the same effect — threw another stumbling block in the way of Democrats …

Discussion: Moe Lane, The Politico and Taegan Goddard's …

Karl Rove / Fox News:
Congress Will Be a Better Place When Barney Frank Is Gone

Discussion: americanthinker.com

David Firestone / The Loyal Opposition:
Barney Frank, Moderate

Discussion: NewsBusters.org blogs, Campaign 2012, Political Mojo, Washington Post, New York Times and OpenSecrets.org

National Review:
Exit Barney Frank

Discussion: GayPatriot, American Spectator and Campaign 2012

Timothy Noah / NPR:
New Republic: Barney Frank For Treasury

Discussion: Weekly Standard, The Agonist and The Politico

Tim Mak / The Politico:

Ann Coulter bleeped on ‘Morning Joe’ — Ann Coulter was bleeped on MSNBC's “Morning Joe” show on Monday but the censoring didn't work and the conservative pundit could be heard using some words not fit for TV. — Coulter appeared to make the comments when talking about deceased Democratic …

Discussion: Taylor Marsh, Booman Tribune, NewsBusters.org blogs, Mediaite, The Raw Story, nation.foxnews.com, TVNewser, Gawker and Business Insider

Nicholas Ballasy / The Daily Caller:

Exclusive: Obama in 2006: I ‘stole’ book title ‘Audacity of Hope’ from Rev. Wright, ‘my pastor’ [VIDEO] — Video obtained exclusively by The Daily Caller shows Illinois Senator Barack Obama, then campaigning for Democrats before the 2006 midterm elections, praising Reverend Jeremiah Wright …

Lydia Saad / Gallup:

Obama Approval Remains at 43% Through Thanksgiving Week — Approval is particularly suppressed among independents, left-leaning Republicans — PRINCETON, NJ — President Barack Obama's job approval rating averaged 43% last week, identical to his rating each week since late October.

Discussion: No More Mister Nice Blog, LifeNews.com, Weasel Zippers, The Hill and Campaign 2012

Eric Ostermeier / Smart Politics:

Covering the Anti-Romney: A Five-Month Week-by-Week Media Analysis of the GOP Field — Mitt Romney has been mentioned in the most broadcast reports among the Republican field for just four of the last 22 weeks — If Republican primary voters are to be accused of still searching for the …

Discussion: Ben Smith's Blog and GOP 12

Tom Jensen / Public Policy Polling:
Romney's Fading Popularity

Discussion: GOP 12 and DownWithTyranny!

Adam Liptak / New York Times:

Telemarketer Abuse Statute Confounds Supreme Court — WASHINGTON — “This is the strangest statute I have ever seen,” Chief Justice John G. Roberts Jr. said near the end of a Supreme Court argument on Monday. — The justices had spent most of the previous hour trying to puzzle out the meaning …

Discussion: Hot Air

Ross Ramsey / The Texas Tribune:
Abbott: Elections Should Use Legislature's Maps

Discussion: TEXAS REDISTRICTING and Off the Kuff

Walter C. Jones / The Augusta Chronicle:

Gingrich takes lead in SC poll — ATLANTA — Newt Gingrich has taken a commanding lead in the South Carolina Republican primary, with more than twice the support of Mitt Romney or Herman Cain, according to a poll conducted Monday evening for The Augusta Chronicle.

Discussion: Ballot Box, GOP 12 and National Review

Richard Cohen / Washington Post:
Mitt Romney's venture-capital politics

Discussion: The American Prospect, Daily Kos, The Oil Drum and EconomicPolicyJournal.com

Wall Street Journal:

The Great Global Warming Fizzle — The climate religion fades in spasms of anger and twitches of boredom. — How do religions die? Generally they don't, which probably explains why there's so little literature on the subject. Zoroastrianism, for instance, lost many of its sacred texts …

Discussion: The Daily Caller, Ed Driscoll and Don Surber

Hoover Institution:

Curing the Unemployment Blues — by Richard A. Epstein (Peter and Kirsten Bedford Senior Fellow and member of the Property Rights, Freedom, and Prosperity Task Force) — Deregulation is our last, best hope. — One of the enduring faiths of modern progressive thought is that omniscient policy makers …

Discussion: Ricochet Conversations Feed

DealBook:

American Airlines Parent Files for Bankruptcy — The parent company of American Airlines said on Tuesday that it has filed for bankruptcy protection, in an effort to reduce labor costs and shed its heavy debt load. — American's parent, the AMR Corporation, was the last major airline …

Discussion: USA Today, Business Insider, Gothamist, The New Republic, Lawyers, Guns & Money and The Glittering Eye

Amanda Terkel / The Huffington Post:

Scott Walker Opponents Collect More Than 300,000 Signatures In 12 Days For Recall Election … WASHINGTON — Activists pushing to recall Wisconsin Gov. Scott Walker (R) announced on Monday evening that they have collected more than 300,000 signatures for the effort in just 12 days.

Discussion: Crooks and Liars, Firedoglake, JSOnline, AFL-CIO NOW BLOG and The Raw Story