Top Items:

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.
Discussion:
Don Surber, Spartanburg Herald-Journal, Los Angeles Times, Washington Post and TBogg
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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.
Discussion:
ThinkProgress, Faith in Public Life, Politics, Taegan Goddard's …, Wonkette, The Hinterland Gazette and Washington Monthly

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 …
Discussion:
Hot Air, Outside the Beltway, Taylor Marsh, Feministing, PolitiFact, US Politics and The Moderate Voice

Yes, Romney Could Lose — [Reposted from earlier yesterday.] — I just watched the Bain documentary featured below and being broadcast throughout South Carolina by Newt Gingrich's SuperPac in full. It's loaded with out-of-context quotes and heavily biased; it focuses on the specific human suffering …
Discussion:
No More Mister Nice Blog, The Strata-Sphere, The Moderate Voice, Liberal Values and Saint Petersblog


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 …
Discussion:
The Political Carnival

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.
Discussion:
ThinkProgress, The Moderate Voice, GOP 12, New York Times, Freedom Line Blog, Connecting.the.Dots and Wonkette

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 …


Romney's Former Firm Bain Advised Obama on Auto Bailout
Discussion:
National Review, Hot Air, Riehl World View and The Politico

The E.J. Dionne Vote in South Carolina
Discussion:
Power Line, Hot Air and Washington Post

Why Romney's Bain Problem Could Kill His Candidacy
Discussion:
Washington Post, CNN and Opinion L.A.

Colbert for President: A Run or a Comedy Riff?
Discussion:
Media Decoder, Tales from the Trail, PopWatch, The Moderate Voice and The Stir By CafeMom, more at Mediagazer »

Sheldon Adelson distancing himself from documentary attacking Mitt Romney

Mitt Romney and Bain: How to Unite the Conservative Base with One Easy Attack
Discussion:
The Huffington Post, Le·gal In·sur·rec· tion, ourfuture.org/blogs_chrono/* and Hot Air

Stephen Colbert to explore run for president in South Carolina
Discussion:
Washington Wire, The Politico, CNN, The Atlantic Wire, Los Angeles Times, Media Decoder and Indecision Forever

Update to my Previous Post on Truth Vigilantes — I have appended a note statement from Jill Abramson, the executive editor, responding to this post. — First, though, I must lament that “truth vigilante” generated way more heat than light. A large majority of respondents weighed in with …
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The End Of Truth
Discussion:
The Mahablog, Firedoglake, Hullabaloo, Viking Pundit, New York Times and Washington Monthly

What are newspapers for? — Arthur Brisbane, the New York …
Discussion:
Weasel Zippers, The Reaction, Booman Tribune, Brad DeLong, ThinkProgress, ECHIDNE of the snakes and The Awl


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 …
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Fed's image tarnished by newly released documents
Discussion:
CNBC, Hot Air and Economist's View


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 …


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 …
Discussion:
The Daily Caller, The Gateway Pundit, Weasel Zippers, Atlas Shrugs and The Moderate Voice


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 …
Discussion:
The Hill, Mediaite and The Political Carnival

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.
Discussion:
New York Post, Samizdata.net, The Politico and The Daily Caller

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

Bank of America Ponders Retreat — Bank of America Corp. has told U.S. regulators that it is willing to retreat from some parts of the country if its financial problems deepen, according to people familiar with the situation. — Executives at the Charlotte, N.C., financial giant put …
Discussion:
Deal Journal, naked capitalism and The Big Picture


Former GVSU student Derek Copp's lawsuit against Ottawa County settled for $144,000 — GRAND RAPIDS - Former Grand Valley State University student Derek Copp, shot by police during a drug raid at his off-campus apartment, received nearly $144,000 to settle his lawsuit against Ottawa County.
Discussion:
The Agitator and Associated Press


Apple IPhone Sales in China Stores Suspended — Apple Inc. (AAPL), whose skill at hyping new products helped make it the world's most valuable technology company, became a victim of its own success after a botched introduction of its iPhone 4S in China led it to suspend sales.
Discussion:
New York Times, VentureBeat, TUAW, AllThingsD, China Digital Times and Engadget, more at Techmeme »

TSA collected $400,000 in spare change left by passengers in airports in 2011 — Airline passengers left more than $400,000 at airport security checkpoints operated by the Transportation Security Administration in 2011. — TSA found $409,085.56 in spare change last year that was unclaimed by passengers …
Discussion:
Outside the Beltway and Runnin' Scared