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12:15 PM ET, January 13, 2012

memeorandum

 Top Items: 
Glenn Kessler / Washington Post:
Four Pinocchios for ‘King of Bain’  —  Your Browser DoesNot Support IFrames. … — Voice-over from “King of Bain” video promoted by a pro-Newt Gingrich super PAC, “Winning Our Future.”  —  Newt Gingrich, meet Michael Moore!  —  The 29-minute video “King of Bain” is such an over-the-top assault …
RELATED:
msnbc.com:
First Thoughts: Best of times (and worst of times) for Romney  —  NBC's David Gregory talks to TODAY's Matt Lauer about whether fierce attacks on Republican presidential frontrunner Mitt Romney will backfire against his rivals or stop what seems to be Romney's inevitable march to the nomination.
John Hinderaker / Power Line:
What Really Happened In Gaffney?  —  The Left is carrying out a coordinated attack on Mitt Romney's business career.  One sees exactly the same allegations, often phrased identically, whether you look at the Daily Kos, the Associated Press, Slate or Think Progress, or listen to Newt Gingrich or Rick Perry.
Ashley Parker / The Caucus:
New Romney Ad Defends Candidate's Record at Bain  —  GREENVILLE, S.C. — Mitt Romney's campaign plans to release its latest television ad in South Carolina Friday, geared to combat the growing attacks — from both Republicans and Democrats — on Mr. Romney's career at Bain Capital as a corporate buyout specialist.
Judd Legum / ThinkProgress:
Oops, He Did It Again: Perry Forgets The Three Federal Agencies He Wants To Abolish  —  During a November debate, Rick Perry inexplicably forgot the name of the third federal agency he wants to eliminate.  He struggled for cringe-inducing 53 seconds, before acknowledging that he couldn't remember with an infamous “oops.”
Toni Sandys / ABCNEWS:
Rick Perry Lists 3 Departments He'd Cut, But Adds One, Misses Another  —  BLUFFTON, S.C. - Oops he did it again.  When asked to name and provide the number of federal departments he'd eliminate as president, Texas Gov. Rick Perry managed to list three, but they weren't the three agencies …
Matea Gold / Los Angeles Times:
Mitt Romney no stranger to tax breaks, subsidies  —  Bain Capital profited from a steel company that got them, and he used them to attract business when he governed Massachusetts  —  A Steel Dynamics plant in Butler, Ind. Bain Capital, the former private equity firm of Mitt Romney …
Eamon Javers / CNBC:
Romney's Former Firm Bain Advised Obama on Auto Bailout  —  Mitt Romney told CNBC Wednesday that he's happy to have a debate about private equity alleged role in killing American jobs — because President Obama also forced companies to shed jobs at car dealerships during the auto bailout.
Anjeanette Damon / Las Vegas Sun:
Sheldon Adelson distancing himself from documentary attacking Mitt Romney
William Galston / The New Republic:
Why Romney's Bain Problem Could Kill His Candidacy
Discussion: Washington Post, CNN and Opinion L.A.
Binyamin Appelbaum / New York Times:
Inside the Fed in 2006: A Coming Crisis, and Banter  —  WASHINGTON — As the housing bubble entered its waning hours in 2006, top Federal Reserve officials marveled at the desperate antics of home builders seeking to lure buyers.  —  The officials laughed about the cars that builders …
RELATED:
Steve Liesman / CNBC:
Fed to Weigh Further Easing Amid Doubts About Recovery
Discussion: Weasel Zippers
Zachary A. Goldfarb / Washington Post:
Fed's image tarnished by newly released documents
Discussion: Hot Air and Economist's View
David Nakamura / Washington Post:
Obama to propose combining agencies to shrink federal government  —  President Obama will ask Congress on Friday for the power to shrink the federal government, proposing a first step of combining several trade and commerce agencies under a plan that the White House said could eliminate …
RELATED:
Glenn Greenwald / Salon:
Arthur Brisbane and selective stenography  —  The real media sin is not uncritical printing of false claims: it's extending that license only to the powerful  —  The New York Times' Public Editor Arthur Brisbane unwittingly sparked an intense and likely enduring controversy yesterday when he pondered …
RELATED:
Arthur S. Brisbane / The Public Editor's Journal:
Update to my Previous Post on Truth Vigilantes
Jim Romenesko:
NYT public editor on reaction to Truth Vigilante post
Kevinliptak / CNN:
Colbert for president (again)  —  (CNN) - Faux-news host and comedian Stephen Colbert announced Thursday night he was launching his second run for president in South Carolina.  —  “I'm proud to announce I plan to form an exploratory committee to lay the groundwork for my candidacy …
RELATED:
New York Times:
U.S. Warns Top Iran Leader Not to Shut Strait of Hormuz  —  WASHINGTON — The Obama administration is relying on a secret channel of communication to warn Iran's supreme leader, Ayatollah Ali Khamenei, that closing the Strait of Hormuz is a “red line” that would provoke an American response …
Chris Rawson / TUAW:
Most of Apple's $82 billion cash stockpile is ‘trapped’ overseas  —  Apple may have enough cash on hand to make Scrooge McDuck's money vault look like a kiddie pool by comparison, but according to SeekingAlpha, most of that cash is effectively trapped overseas.
Buzzfeed Politics / Politics:
Book Depicts Cranky Obama On Baghdad Visit  —  The then-candidate “didn't want to take pictures with any more soldiers.  —  President Obama at a recent Pentagon briefing.  —  (Getty Images / SAUL LOEB)  —  Michael Hastings' new book, The Operators, jabs at what could be a vulnerable spot …
Mark Meckler / Across The Fence With Mark Meckler:
NYC Gun Charges Dropped.  Now I Can Speak Out.  —  On December 15, 2011 at approximately 5:15 a.m., I was at LaGuardia International airport preparing to check in for a flight out of the city.  During a routine check-in, I requested a firearms declaration form from the ticket agent.
Anna Harvey / The Hill:
Tar sands pipeline will comfort our enemies  —  By Steven M. Anderson, retired Army brigadier general, and senior mentor with the Army's Battle Command Training Program - 10/25/11 10:21 AM ET  —  As the military's senior logistician in Iraq in 2006 and 2007, I saw the impact of our oil addition in the Iraq combat zone.
Discussion: ThinkProgress
Steve Benen / Washington Monthly:
How low can he go?  —  Everyone has probably heard the corny “I once caught a fish this big” joke.  A guy boasts about the size of the fish he reeled in, but when pressed, he gradually reduces the actual size of his catch.  The little comedic routine is about exaggeration.  —  I wonder if Mitt Romney has heard it.
Paul Krugman / New York Times:
America Isn't a Corporation  —  “And greed — you mark my words — will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A.”  —  That's how the fictional Gordon Gekko finished his famous “Greed is good” speech in the 1987 film “Wall Street.”
Discussion: Campaign 2012 and Prairie Weather
 
 
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 More Items: 
Eric Nalder / San Francisco Chronicle:
PG&E diverted safety money for profit, bonuses
Discussion: emptywheel
Cameron Joseph / Ballot Box:
Pro-Romney group takes first shot at Santorum
Discussion: CNN
Reuters:
Tea Party may get rebuffed in tax cut showdown
Eric Kleefeld / tpmdc.talkingpointsmemo.com:
TPMDC  —  Wisconsin Dems To Deliver Walker Recall Petitions Next Week
Discussion: Firedoglake and Daily Kos
Tim Mak / Reuters:
Chris Christie praises Obama political skills
Discussion: Associated Press
Tim Mak / The Politico:
Rudy Giuliani : Newt Gingrich acting like Saul Alinsky
Discussion: The Spectacle Blog
Mark Oppenheimer / New York Times:
The Heights, a Catholic School, Draws Beltway Conservatives
John Agar / MLive.com:
Former GVSU student Derek Copp's lawsuit against Ottawa County settled for $144,000
Discussion: Associated Press and The Agitator
 Earlier Items: 
John Merline / Investor's Business Daily:
Nearly 1 Million Workers Vanished Under Obama
Discussion: Weasel Zippers and Instapundit
Cameron Langford / Courthouse News Service:
Investors Say Supply Sider Arthur Laffer Backed a Ponzi
Discussion: The Impolitic and Mercury Rising
Scott Wong / The Politico:
Rand Paul returns $500K in office budget to Treasury
Discussion: Big Government
Wall Street Journal:
Bank of America Ponders Retreat
Keith Laing / The Hill:
TSA collected $400,000 in spare change left by passengers in airports in 2011
Ivan Oransky, MD / Reuters:
Red wine-heart research slammed with fraud charges