Top Items:
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.
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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 and Suburban Guerrilla
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, Real Time Economics, Rush Limbaugh, Economix, Hullabaloo and The Daily Beast
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:
CNN, Ballot Box and Taegan Goddard's …
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
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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
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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Lyle Denniston / SCOTUSblog:
Court bypasses all new detainee cases (FINAL UPDATE)
Court bypasses all new detainee cases (FINAL UPDATE)
Discussion:
Taylor Marsh, Lawfare and Ricochet Conversations Feed
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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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
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
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 and GOP 12
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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 …
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
Trip Gabriel / New York Times:
In Romney's Voucher Education Policy, a Return to G.O.P. Roots — “Voucher” is a fighting word in education, so it may be understandable that when Mitt Romney speaks about improving the nation's schools, he never uses that term. — Nonetheless, as president, Mr. Romney would seek to overhaul …
Discussion:
The Caucus
Monica Davey / New York Times:
North Dakota Considers Eliminating Property Tax — BISMARCK, N.D. — Since Californians shrank their property taxes more than three decades ago by passing Proposition 13, people around the nation have echoed their dismay over such levies, putting forth plans to even them, simplify them, cap them, slash them.
Discussion:
Randy's Roundtable and msnbc.com
ZIP / Weasel Zippers:
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.
Discussion:
Liberty News Network
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Joy-Ann Reid / theGrio:
Obama campaign releases first black radio ad
Obama campaign releases first black radio ad
Discussion:
The Daily Dish, CBS Los Angeles, JOSHUAPUNDIT, Doug Ross, The Daily Caller, Weekly Standard and Washington Post
New York Times:
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.
Discussion:
Politico, Wall Street Journal, Via Meadia, Outside the Beltway, Financial Times and Ezra Klein
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Giles Tremlett / Guardian:
Hurried Spanish banking bailout fails to calm market nerves
Hurried Spanish banking bailout fails to calm market nerves
Discussion:
americanthinker.com and US Politics