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, Ezra Klein and ABCNEWS
RELATED:
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:
ABCNEWS, Hit & Run, The Maddow Blog and Daily Kos
Gretchen Morgenson / New York Times:
At JPMorgan, the Ghost of Dinner Parties Past
At JPMorgan, the Ghost of Dinner Parties Past
Discussion:
ThinkProgress, emptywheel, Wonkette, Firedoglake, ABCNEWS, The Huffington Post and The Hill
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, GOP 12, The Moderate Voice, No More Mister Nice Blog, The Daily Pulp, Booman Tribune and Pirate's Cove
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, The Daily Dish, CNN, Reuters and GayPatriot
Wall Street Journal:
Three to Exit J.P. Morgan — Drew, Others to Depart in Wake of Loss, Which Could Total More Than $4 Billion — Three high-ranking officers at the center of J.P. Morgan Chase & Co.'s giant trading blunder are expected to leave the firm this week, said people familiar with the situation, and losses on the trade have grown.
Discussion:
Fortune, Deal Journal, Guardian, Gothamist and msnbc.com
RELATED:
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:
Addicting Info, Advocate, Hit & Run, Poynter, Towleroad News #gay, Washington Post, The Daily Caller, Gawker and Mediaite
RELATED:
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:
blogs.telegraph.co.uk, Scared Monkeys, Philly.com, UrbanGrounds, protein wisdom, The Gateway Pundit, Politico and ABCNEWS, 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
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.”
RELATED:
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:
Politico, msnbc.com, The Spectacle Blog, The Gateway Pundit, Mediaite and The Raw Story
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:
Firedoglake, CANNONFIRE, Hullabaloo and Calculated Risk
Charles Mahtesian / Politico:
West Virginia frets over felon's performance — The nation has moved on after its brief fixation last week with the felon who won 41 percent against Barack Obama, but West Virginia continues to wrestle with the aftermath of its May 8 primary. — Phil Kabler of the Charleston Gazette reported …
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 …