memeorandum: Loved by media, Barney Frank Helped Cause Financial Crisis (Investor's Business Daily)

2:30 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: The Moderate Voice, CNN and Le·gal In·sur·rec· tion

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, Campaign 2012, Truthdig, True Blue Liberal, 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: Feministe, Iowa Caucuses, ThinkProgress, Hotline On Call, Washington Monthly, The Other McCain and Wonkette

ABCNEWS:

Herman Cain Reassessing Campaign — Herman Cain's chief of staff Mark Block confirmed to ABC News that the candidate told his senior staff this morning that he is reassessing whether he should stay in the race, as reported by the National Review. — Cain told his staff in a conference call …

Discussion: Daily Kos

Chris Cillizza / Washington Post:
Herman Cain re-assessing presidential candidacy

Discussion: Washington Monthly, Jack & Jill Politics, Pat Dollard, The Raw Story, Towleroad News #gay and The Moderate Voice

Dale Russell / MyFox Atlanta:
Georgia Woman Claims 13-Year Affair with Herman Cain

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

Jennifer Jacobs / Iowa Caucuses:
Herman Cain to staff: We're reassessing campaign, but plowing on for now

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

Ray Henry / Associated Press:
Cain tells aides he is reassessing his campaign

Discussion: EconomicPolicyJournal.com

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

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

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

Felix Salmon:
Hank Paulson's inside jobs

Discussion: Big Government

Tom Jensen / Public Policy Polling:

Romney's Fading Popularity — You want to know the biggest reason Mitt Romney hasn't surged at any point in the Republican Presidential race this year? It's because the more GOP primary voters across the country have been exposed to him, the less they've liked him.

Discussion: GOP 12, DownWithTyranny! and The Daily Dish

Tom Jensen / Public Policy Polling:

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.

Discussion: The Politico, ABCNEWS, Iowa Caucuses, Weasel Zippers, Ballot Box, Daily Kos and The Hill

Walter C. Jones / The Augusta Chronicle:
Gingrich takes lead in SC poll

Discussion: Ballot Box, GOP 12, Hot Air and National Review

Eric Ostermeier / Smart Politics:
Covering the Anti-Romney: A Five-Month Week-by-Week Media Analysis of the GOP Field

Discussion: Ben Smith's Blog and GOP 12

Justin Sink / The Hill:
Perry scores Sheriff Arpaio endorsement

Discussion: CNN and The Gateway Pundit

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

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

Russell Berman / The Hill:
Hoyer: Dems can retake House after retirements of Frank, other Dems

Discussion: The Politico

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

Investor's Business Daily:
Loved by media, Barney Frank Helped Cause Financial Crisis

Discussion: NewsBusters.org

National Review:
Exit Barney Frank

Discussion: GayPatriot, American Spectator and Campaign 2012

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 Heritage Foundation, Blogs of War, UN Dispatch, World Now, CANNONFIRE, DownWithTyranny!, Via Meadia, Truthdig, Bob Owens, Israel Matzav and The Agonist

Robin Pomeroy / Reuters:
Iranian protesters storm British embassy

Discussion: New York Times, Wizbang, Pat Dollard and Gates of Vienna

New York Times:
Protesters Storm British Embassy in Tehran

Discussion: The Lede, Gawker, Outside the Beltway, New York Magazine, Elder of Ziyon, Balloon Juice, The Muqata, Israel Matzav, The Moderate Voice and Reuters

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, National Review and Business Insider

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

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, PopWatch, NewsBusters.org blogs, Booman Tribune, Mediaite, The Raw Story, TVNewser, nation.foxnews.com, Gawker and Business Insider

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, The New Republic, Lawyers, Guns & Money, Gothamist and The Glittering Eye

Gerard Arpey / Associated Press:
American Airlines files for Ch. 11 protection

Discussion: Weasel Zippers

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

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