Top Items:
Ben White / Politico:
Obama's Wall Street problem — The giant $2 billion trading loss at JPMorgan Chase highlights a central problem in President Barack Obama's case for a second term: Four years after the financial crisis nearly brought the nation to its knees, very little appears to have changed.
Discussion:
CNN, The Hill, Taylor Marsh and ABCNEWS
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Paul Krugman / New York Times:
Why We Regulate — One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don't know how to run our own banks!” he exclaims.
Discussion:
The Maddow Blog, Ezra Klein and Daily Kos
Reuters:
JPMorgan executives to leave over trading loss: sources
JPMorgan executives to leave over trading loss: sources
Discussion:
ThinkProgress, Crooks and Liars, Suburban Guerrilla and New York Times
Mike Allenand Jim Vandehei / Politico:
The un-McCain campaign — Mitt Romney and his top aides are building a strategy, partly by design and partly because of circumstance, around what they consider John McCain's disastrously run campaign in 2008. — The strategy: whatever McCain did, do the opposite.
Discussion:
ThinkProgress, American Prospect, The Moderate Voice, Booman Tribune and Pirate's Cove
Andrew Sullivan / The Daily Beast:
Andrew Sullivan on Barack Obama: The First Gay President — The president's bold support shifted the mainstream. Andrew Sullivan on why it shouldn't be surprising—Obama's life as a biracial man has deep ties to the gay experience. — It was the spring of 2007, back when Barack Obama's bid …
Discussion:
Advocate, Hit & Run, Poynter, Towleroad News #gay, Washington Post, The Daily Caller, Gawker, Mediaite and American Power
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Meghan Keneally / Daily Mail:
‘First Gay President’: Newsweek marks Obama's landmark announcement with controversial cover
‘First Gay President’: Newsweek marks Obama's landmark announcement with controversial cover
Discussion:
Scared Monkeys, Philly.com, UrbanGrounds, protein wisdom, The Gateway Pundit, ABCNEWS and Politico, more at Mediagazer »
Brad Knickerbocker / Christian Science Monitor:
Mitt Romney courts evangelicals at Liberty University
Mitt Romney courts evangelicals at Liberty University
Discussion:
Democracy in America, Le·gal In·sur·rec· tion and Newsy
CBS News:
Poll: Most Americans support same-sex unions — CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto. — A new CBS News/New York Times Poll shows a solid majority of Americans support legal recognition for same-sex couples …
Discussion:
ThinkProgress, LGBTQ Nation and Joe. My. God.
RELATED:
Lydia Saad / Gallup:
U.S. Acceptance of Gay/Lesbian Relations Is the New Normal — For third year, majority says gay/lesbian relations are morally acceptable — PRINCETON, NJ — The slight majority of American adults, 54%, consider gay or lesbian relations morally acceptable.
Discussion:
Political Insider, CNN, Reuters and GayPatriot
Justin Sink / The Hill:
Obama targets Romney tenure at Bain Capital with new ad, website — President Obama is taking dead aim at Mitt Romney's record helming Bain Capital, debuting a new television ad, online video, and website that each depict the private equity firm as predatory and having engaged in “questionable business practices.”
Discussion:
CNN
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Ken Thomas / Associated Press:
Obama seeks to undercut Romney's record on jobs
Obama seeks to undercut Romney's record on jobs
Discussion:
The Agonist
Rebekah L. Sanders / Arizona Republic:
Arizona Ron Paul supporters boo Romney's son off stage
Arizona Ron Paul supporters boo Romney's son off stage
Discussion:
The Spectacle Blog, Mediaite, The Gateway Pundit, Politico and The Raw Story
Indianapolis Star:
Outsiders' money to play role again — Less than six months remains before the Nov. 6 retention vote. Wiggins does not yet have a campaign committee or any specific plan to convince voters that he deserves to keep his job. Instead, the justice says his chief focus remains on writing …
Discussion:
Good As You
Bloomberg:
As European Austerity Ends, So Could the Euro — The euro currency is a malady that condemns at least a generation of Greeks, Italians, Spaniards, Portuguese and Irish to the economic infirmary. — In these nations, unemployment rates are now at their highest levels in recent decades …
Paul Krugman:
Eurodämmerung — Some of us have been talking it over, and here's what we think the end game looks like: — 1. Greek euro exit, very possibly next month. — 2. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany. — 3a.
Discussion:
CANNONFIRE, Hullabaloo and Calculated Risk
Michael B. Marois / Bloomberg:
Brown Tax Increase Gains Urgency as Deficit Rises to $16 Billion — California Governor Jerry Brown bet that a nascent financial recovery would lift the world's ninth- largest economy enough to whittle down a $9.2 billion deficit. Instead, the gap has widened to $16 billion.
Discussion:
Weasel Zippers and Weekly Standard
Cameron Joseph / The Hill:
GOP: Mitt should shame Obama with Israel trip — Mitt Romney should visit Israel soon, Republican lawmakers say, claiming that such a trip would highlight the fact that President Obama has not been there during his first term. — Congressional Republicans told The Hill that there would be many benefits …
Discussion:
GOP 12
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Howard Fineman / The Huffington Post:
Barack Obama 2012 Takes Multiple Pages From GOP Playbook
Barack Obama 2012 Takes Multiple Pages From GOP Playbook
Discussion:
The Moderate Voice and NewsBusters.org
Vicki Needham / The Hill:
Report says 230,000 unemployed losing benefits over weekend — More than 230,000 unemployed workers will lose their jobless benefits this weekend as portions of federal programs expire across several states. — All told, 409,300 long-term unemployed Americans in 27 states will have lost upward …