Fed: Americans' wealth dropped 40 percent  —  View Photo Gallery — Is the U.S. economic recovery stalling?:   The Labor Department reported June 1 that the nation's economy added only 69,000 jobs in May, bringing the unemployment rate to 8.2 percent.

Commerce secretary's hit-and-run keeps Obama off message  —  A hit-and-run accident involving Commerce Secretary John Bryson threw the White House off message Monday just as President Obama sought to regain his footing after a series of political missteps.  —  After hitting a car …

President Obama Nominates Two to Serve on the U.S. Court of Appeals for the District of Columbia Circuit  —  WASHINGTON, DC - Today, President Obama will nominate Caitlin Halligan and Srikanth Srinivasan to serve on the United States Court of Appeals for the District of Columbia Circuit.

Florida to sue DHS in voter registration battle  —  Florida Gov. Rick Scott (R) said he will sue the Department of Homeland Security (DHS) to move forward with his controversial attempt to purge the voter rolls in his state of ineligible voters.  —  “I have a job to do to defend the right …

HUGE!  Neal Rauhauser's Vicious Lies Exposed by Yet Another Leaked E-Mail  —  Last night, I published an e-mail showing that Democrat political operative Neal Rauhauser, representing himself as an agent of Brett Kimberlin's Velvet Revolution, had used his connections to the “Anonymous” …

Sheriff: Father kills man sexually abusing his daughter  —  (CNN) — A Texas father caught a man sexually assaulting his 4-year-old daughter and punched him in the head repeatedly, killing him, authorities said.  —  The father was casually acquainted with the alleged abuser, said Lavaca County Sheriff Micah Harmon.

THE ACADEMIC SCANDAL ELIZABETH WARREN AND HARVARD DON'T WANT YOU TO KNOW ABOUT  —  In 1990, Rutgers Professor Philip Shuchman charged Elizabeth Warren, along with Teresa A. Sullivan (above), the President of University of Virginia who resigned unexpectedly yesterday, and Jay Westbrook …

What's with Wisconsin?  —  (Chris Walker, Chicago Tribune / June 5, 2012)  —  Let's give Wisconsin voters some credit.  While others try to find easy right-versus-left explanations for Gov. Scott Walker's decisive victory last week, Badger State voters appeared to be more worried about their state's purse.

Would Romney Cut Firefighters?  Campaign Won't Say  —  Image credit: Whitney Curtis/Getty Images  —  Mitt Romney's campaign is doing little to suggest that the candidate's recent comment about cutting back on firefighters, police officers and teachers has been taken out of context.

Obama Releases New Ad Campaign Targeting Black Voters: “We've Got Your Back!”  — Update: Audio Added...  If he has their backs, who has ours?  —  Via The Grio: … Update: This is the actual audio from the ad, reminiscent of a blaxploitation soundtrack from the 1970s.  Our own WM added the pics.

Gay Pride Month: Israel Defense Forces Facebook Photo Stirs Controversy … FOLLOW:  —  Israel, Pride 2012, Israel Soldiers, Pride 2012, Idf, Idf Gay Pride Month, Israel Army, Israel Army Gay Pride Month, Israel Gay Pride Month, Israel Soldiers Gay Photo, World News

You're Not Special: Great Commencement Speech by David McCullough Jr.  —  RUSH: We're nearing the end, ladies and gentlemen, of commencement address season.  You're nodding your head like you know where I'm going.  There was the most amazing commencement address in Wellesley, Massachusetts.

Does Mitt Romney need ‘Obamacare’?  —  Republicans are cheerleading for the Supreme Court to strike down President Barack Obama's health care law.  —  But there's one Republican who might be sorry: Mitt Romney.  —  There's fear in some GOP circles that if the court wipes the Affordable Care Act off …

GOP chairmen failing to cut checks from campaigns to NRCC  —  More than two dozen House chairmen have not given any money from their campaign war chests to the Republican committee tasked with defending the GOP's majority.  —  The lack of direct transfers from Republicans in senior positions comes during …

Worries in Euro Zone Shift to Italy From Spain  —  VENICE — Concerns grew on Monday that Italy could be the next victim of Europe's financial infection, leading nervous investors to sell Italian stocks and bonds and damping euphoria over a weekend deal to bail out Spain's banks.

Economics, geekiness, and distraction from productive activity.  —  College is mostly about human capital, not signaling … This is not an area I know a lot about, but I have some thoughts.  —  Some people think college is about signaling, not about building human capital.  I'd say most economists believe this.

Mass. stalled antibullying guide under Romney  —  Objections to writing ‘transgender,’ ‘bisexual’  —  In July 2006, former governor Mitt Romney vetoed a $158,000 budget line item that was earmarked for counseling violence victims in the “LGBT community.”  —  Former governor Mitt Romney's …