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1:00 PM ET, September 7, 2012

memeorandum

 Top Items: 
James Pethokoukis / AEIdeas:
The awful, awful August jobs report  —  This was not the employment report either American workers or the Obama campaign were hoping for.  A huge miss. It shows the U.S. labor market remains in a deep depression, generating few jobs and little if no income growth.  As IHS Global Insight puts it:
RELATED:
Jonathan Bernstein / Washington Post:
Disappointing jobs report unlikely to change presidential contest  —  Today's unemployment report was disappointing: only 96,000 jobs created last month, and revisions reducing the previous two months by 40,000, it was not only well below expectations but, more importantly, below what the economy needs to do to get people back to work.
Shobhana Chandra / Bloomberg:
Payrolls in U.S. Rose 96,000 in August, Jobless Rate Fell  —  Payrolls rose less than projected in August and the unemployment rate declined as more Americans left the labor force, indicating the U.S. labor market is stagnating.  —  The economy added 96,000 workers last month following …
Bill McBride / Calculated Risk:
August Employment Report: 96,000 Jobs, 8.1% Unemployment Rate  —  From the BLS: … Click on graph for larger image.  —  This was another weak month, especially with the downward revisions to the June and July reports.  —  This was below expectations of 125,000 payroll jobs added.
CNN:
Jobs report brings end to Democrats' convention high
Discussion: ABCNEWS and Election 2012
Lucia Mutikani / Reuters:
Grim jobs market confronts Obama, Fed
Talking Points Memo:
Romney On Jobs: ‘If Last Night Was The Party, This Morning Is The Hangover’
Terence P. Jeffrey / CNSNews:
Record 88,921,000 Americans ‘Not in Labor Force’—119,000 Fewer Employed in August Than July
Joe Weisenthal / Business Insider:
CHART OF THE DAY: Labor Force Participation Rate Falls To Lowest Level Since September 1981
Associated Press:
US economy adds 96K jobs; unemployment rate falls to 8.1 pct. as more people end job searches
Paul Miller / pineconearchive.com:
Eastwood says his convention appearance was ‘mission accomplished’  —  AFTER A week as topic No. 1 in American politics, former Carmel Mayor Clint Eastwood said the outpouring of criticism from left-wing reporters and liberal politicians after his appearance at the Republican National Convention …
Kevin Drum / Mother Jones:
Did Obama Phone It In?  —  Barack Obama's speech tonight was....OK.  But that was about all.  It meandered, it skittered, and most of the time it seemed oddly themeless.  It had some good lines, but too often they were left hanging.  Take this jab at Republicans, for example: … That's a good riff.
RELATED:
NPR:
Transcript: President Obama's Convention Speech … PRESIDENT OBAMA: Thank you.  (Sustained cheers, applause.)  Thank you.  Thank you.  Thank you so much.  —  AUDIENCE MEMBERS: Four more years!  Four more years!  Four more years!  —  PRESIDENT OBAMA: Thank you.  —  AUDIENCE MEMBERS: Four more years!
Washington Post:   DNC 2012: Obama's speech to the Democratic National Convention (Full transcript)
Digby / Hullabaloo:
Parsing the Grand Bargain promises
Discussion: Firedoglake and The Daily Dish
Steve Holland / Reuters:
No sign of convention bounce for Obama: Reuters/Ipsos poll  —  (Reuters) - So far, U.S. President Barack Obama has not received much of a bounce yet in popular support from the Democratic National Convention, a Reuters/Ipsos poll found on Thursday.  —  The latest daily tracking poll found …
RELATED:
Dylan Byers / Politico:
Obama sets tweets-per-minute record
Alexander Burns / Politico:
The Romney swing-state blitz, revealed  —  We reported Thursday that Mitt Romney was about to embark on a major general-election TV offensive, marking his first major use of the post-convention dollars his campaign has been dying to spend.  Now, Team Romney is putting out word …
RELATED:
Mark Halperin / The Page:
From Tampa to Charlotte and Beyond
Discussion: Booman Tribune and Daily Kos
Tanya Sinkovits / CBS St. Louis:
TV Station Pulled Akin's Ads Due to of Lack of Payment  —  ST. LOUIS, Mo. (KMOX) - Is Republican Senate candidate Todd Akin facing a cash crunch?  Todd Akin's TV ads are, reportedly, being yanked from stations across the state because his campaign isn't paying the bills.
RELATED:
Eric Kleefeld / Talking Points Memo:   Akin TV Ad Buy Canceled — For Failure To Pay The Station
Wall Street Journal:
The Democrats' Soft Extremism  —  Obama is out of ideas, and Clinton's speech was unworthy of him.  —  Barack Obama is deeply overexposed and often boring.  He never seems to be saying what he's thinking.  His speech Thursday was weirdly anticlimactic.  There's too much buildup, the crowd was tired, it all felt flat.
Kyle Leighton / Talking Points Memo:
CHART: The Racial Makeup Of Obama, Romney Presidential Coalitions  —  When it comes to building a winning coalition, President Obama and Republican nominee Mitt Romney have very distinct paths to victory.  Romney is betting on winning big with white voters.
White House.gov Blog:
The Employment Situation in August  —  While there is more work that remains to be done, today's employment report provides further evidence that the U.S. economy is continuing to recover from the worst downturn since the Great Depression.  It is critical that we continue the policies …
New York Times:
Obama, in Democratic Convention Speech, Asks for More Time  —  CHARLOTTE, N.C. — President Obama on Thursday night accepted the Democratic nomination for a second term, making a forceful argument that he had rescued the economy from disaster and ushered in a recovery that would be imperiled by a return to Republican stewardship.
Wall Street Journal:
Apple Seeks to Create Pandora Rival  —  Apple Inc. is in talks to license music for a custom-radio service similar to the popular one operated by Pandora Media Inc., according to people familiar with the matter, in what would be a bid by the hardware maker to expand its dominance in online music.
Andrew Kaczynski / BuzzFeed:
Obama's Message Breaks Through In Swing State Newspapers  —  An emphasis on the path forward.  A lukewarm reception to his speech doesn't make the headlines.
Jaweed Kaleem / The Huffington Post:
Cardinal Timothy Dolan's Benedictions At RNC And DNC (FULL TEXT) … REACT:  —  FOLLOW:  —  Elections 2012, Democratic Convention, Democratic Convention, Elections 2012, Religion and Politics, Video, 2012 Democratic Convention, 2012 Democratic National Convention, Cardinal Timothy Dolan …
 
 
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 More Items: 
Jennifer Martinez / The Hill:
White House circulating draft of executive order on cybersecurity
Sean Trende / Real Clear Politics:
A Tale of Two Conventions
Abby Rapoport / American Prospect:
Why Partisans and Election Law Shouldn't Mix: See Ohio
Alexis Madrigal / The Atlantic Online:
How Google Builds Its Maps—and What It Means for the Future of Everything
Discussion: The Verge and Gizmodo
Eric Schmitt / New York Times:
U.S. Backs Blacklisting Militant Organization
Discussion: ABCNEWS, AEIdeas and Guardian
Jenny Rogers / Washington Examiner:
Former Treasury secretary falls into hotel pool at DNC
 Earlier Items: 
Wall Street Journal:
Strassel: The Party that Obama Un-Built
Jennifer Rubin / Washington Post:
Obama at the DNC: That's it?
John Hinderaker / Power Line:
The Dean Scream Revisited
Benjy Sarlin / Talking Points Memo:
Jennifer Granholm Brings The House Down Defending Auto Rescue
Discussion: The Mahablog
 

 
From Mediagazer:

Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

 
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