Top Items:
Jeff Kearns / Bloomberg:
Fed Says U.S. Wealth Fell 38.8% In 2007-2010 On Housing — The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed.
Discussion:
Crooks and Liars, Sweetness & Light, Connecting.the.Dots and Suburban Guerrilla
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Ylan Q. Mui / Washington Post:
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.
Martin Crutsinger / Business Week:
Fed reports how much recession shrank US wealth — WASHINGTON — The Great Recession shrank Americans' wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday.
Binyamin Appelbaum / New York Times:
Family Net Worth Drops to Level of Early '90s, Fed Says
Family Net Worth Drops to Level of Early '90s, Fed Says
Discussion:
Mother Jones, Hullabaloo, Real Time Economics, Rush Limbaugh, Economix and The Daily Beast
Dana Milbank / Washington Post:
Pileup at the White House — It has been a Junius Horribilis for President Obama. — Job growth has stalled, the Democrats have been humiliated in Wisconsin, the attorney general is facing a contempt-of-Congress citation, talks with Pakistan have broken down, Bill Clinton is contradicting Obama …
Discussion:
The Week, Slate and Hugh Hewitt's TownHall Blog
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Jesse Helfrich / The Hill:
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 …
Discussion:
Jammie Wearing Fools
Mj Lee / Politico:
John Bryson takes medical leave of absence
John Bryson takes medical leave of absence
Discussion:
New York Times, DCist, New York Magazine, CNN, Red Alert Politics and JOSHUAPUNDIT
Jonathan Allen / Politico:
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 …
Discussion:
CNN
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First Read / msnbc.com:
Loss of wealth highlights economic anxiety — *** Here's your economic anxiety: The U.S. economy actually is growing (compared with some European countries); it's adding jobs (though at a much slower pace than earlier this year); and the Dow Jones is up considerably from three years ago (but it's recently gone down).
Discussion:
Taegan Goddard's …, CNN and Ballot Box
Wall Street Journal:
Obama to Revisit Economic Debate
Obama to Revisit Economic Debate
Discussion:
The PJ Tatler and The Lonely Conservative
The White House:
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.
Discussion:
Outside the Beltway, SCOTUSblog and Law Blog
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Jonathan Easley / The Hill:
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 …
Discussion:
CNN, Politico, Pirate's Cove, Weasel Zippers, National Review, Doug Ross, The Lonely Conservative, The PJ Tatler and Conservatives4Palin
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David Brooks / New York Times:
The Follower Problem — If you go to the Lincoln or Jefferson memorials in Washington, you are invited to look up in admiration. Lincoln and Jefferson are presented as the embodiments of just authority. They are strong and powerful but also humanized. Jefferson is a graceful aristocratic democrat.
Discussion:
First Draft and Balloon Juice
Robert Stacy McCain / The Other McCain:
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” …
Discussion:
The Trenches, Patterico's Pontifications, The Conservatory and “The Lid”
Jack Maddox / CNN:
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.
Discussion:
Healthland, Scared Monkeys, UrbanGrounds, JOSHUAPUNDIT and Daily Pundit
Steve Majors / GLAAD:
FLAWED PAPER CLAIMS TO OVERTURN 30 YEARS OF CREDIBLE RESEARCH THAT SHOWS GAY AND LESBIAN PARENTS ARE GOOD PARENTS — Conservative Author Behind New Paper Marked by Poor Methodology, Faulty Conclusions — 202-716-1651â"‚Michael.Cole - Schwartz@hrc.org
Discussion:
ThinkProgress, Towleroad News #gay, Firedoglake and Box Turtle Bulletin
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John Corvino / The New Republic:
Are Gay Parents Really Worse For Children? How a New Study Gets Everything Wrong
Are Gay Parents Really Worse For Children? How a New Study Gets Everything Wrong
Discussion:
Healthland, Ross Douthat, Box Turtle Bulletin, Slate, National Review and Good As You
IU News Room:
IU community mourns passing of Distinguished Professor and Nobel Laureate Elinor Ostrom — FOR IMMEDIATE RELEASE — BLOOMINGTON, Ind. — The entire Indiana University community mourns the passing today of Distinguished Professor Elinor Ostrom, who received the 2009 Nobel Prize …
Discussion:
Real Time Economics
Michael Patrick Leahy / BREITBART.COM:
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 …
Discussion:
Hot Air, The Daily Caller, Le·gal In·sur·rec· tion and Jammie Wearing Fools
Boston Globe:
No mention of ‘bisexual,’ ‘transgender’ under Romney — Words brought halt to antibullying guide — Republican presidential candidate, former Massachusetts Gov. Mitt Romney, talks during a campaign stop in St. Louis, Mo. (Evan Vucci/AP Photo) — Former governor Mitt Romney's administration …
Discussion:
ThinkProgress, Mediaite, Towleroad News #gay and New York Magazine
Matt Negrin / ABCNEWS:
Would Romney Cut Firefighters? — Image credit: Whitney Curtis/Getty Images — Mitt Romney appears to be denying that he would cut firefighters and teachers as president, though comments by his campaign and supporters haven't fully resolved a statement the candidate made last week about public workers.
Discussion:
Paul Krugman, GOP 12 and The Immoral Minority
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