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.”

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 …

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.

Gingrich still rising  —  Last night we went into the field in Florida and Montana- we'll have the results of those polls out tomorrow after another night of calls but the early indications are that Newt Gingrich will have a double digit lead in both states- he has not peaked yet and is still on an upward curve.

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 …

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?”

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 …

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.

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 …

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 …

Sens. Paul, McCain clash over terrorist detainee amendment  —  Republican Sens. Rand Paul (Ky.) and John McCain (Ariz.) battled on the Senate floor Tuesday over a proposed amendment to the pending defense authorization bill that could allow American citizens who are suspected of terrorism to be denied a civilian trial.

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 …

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 …

Failing to appreciate the GOP's extremism  —  Michael Gerson, the conservative Washington Post columnist and former Bush speechwriter, is willing to concede that Mitt Romney took President Obama out of context last week.  Gerson, however, is not especially troubled by Romney's dishonesty.

Financial analyst: Consequences of failure to extend payroll tax cut would be dire  —  What if a top analyst at a major financial firm predicted that failure to pass the payroll tax cut extension would lead to a big drop in that firm's growth forecast?  Would that impact the debate at all?