memeorandum: Larry Summers backs a new idea for the Fed

10:02 AM ET, June 3, 2015

Top Items:

Marc Caputo / Politico:

Marco Rubio sells his house of horrors — Marco Rubio finally sold his money-pit of a home in Tallahassee on Tuesday, freeing the presidential candidate from a nagging financial liability and allowing him to distance himself from his scandal-plagued co-owner, former Rep. David Rivera …

Discussion: Washington Post

New York Times: Jeb Bush, Taking His Time, Tests the Legal Definition of Candidate

Politico:
Marco Rubio rise sets collision course with Jeb Bush

Discussion: Liberaland and JSOnline

Washington Times:

Bill Clinton's foundation cashed in as Sweden lobbied Hillary on sanctions … Bill Clinton's foundation set up a fundraising arm in Sweden that collected $26 million in donations at the same time that country was lobbying Hillary Rodham Clinton's State Department to forgo sanctions that threatened …

Discussion: NBC News, RedState, Weasel Zippers and National Review

By David A. Fahrenthold / Washington Post:

The inside story of how the Clintons built a $2 billion global empire — Chevy Chase was on the plane with Bill Clinton. So was a former president of Brazil. The founders of Google. A former president of Mexico. And John Cusack. — They were all going to Davos …

Discussion: CANNONFIRE and Washington Monthly

Michael Goodwin / New York Post:

NY Democrats push Bloomberg to run for president — A dirty secret behind Hillary Clinton's lead in the Democratic presidential race is the lack of a credible challenger. Despite rising voter disgust over sordid revelations about the Clinton Foundation, there is no appealing alternative.

Discussion: Hinterland Gazette, The Week and Political Wire

Danny Vinik / Politico:

Larry Summers backs a new idea for the Fed — almost — Over the past few years, an obscure economic policy idea has slowly been gaining support among liberal and conservative economists. It hasn't made it into the mainstream agendas of either the Democratic or Republican Party.

Discussion: TheMoneyIllusion

CNN:

Obama approval heads down hill - CNNPolitics.com — Obama's job approval numbers are sinking as American attitudes about the nation's progress have taken a turn for the worse, according to a new CNN/ORC poll.

Discussion: Washington Post, The Week and Washington Free Beacon

Jordan Fabian / The Hill:

Obama confident in the TSA despite failure to detect explosives — President Obama has confidence in the Transportation Security Administration (TSA) despite the ease with which undercover agents were able to smuggle explosives into airports, the White House said Tuesday.

David A. Graham / The Atlantic:
The TSA Doesn't Work—and Never Has

Discussion: NBC News, Department of Homeland … and Washington Post

Hmsadusky / CBS Denver:

Kitchen Manager Fired For Giving Lunch To Students Without Money — AURORA, Colo. (CBS4) - Della Curry is out of work, and unashamed, after being fired by the Cherry Creek School District. — A married mother of two, Curry is the former kitchen manager at Dakota Valley Elementary School in Aurora.

Discussion: Addicting Info, Shakesville, Daily Mail and WQAD-TV

Christopher Ingraham / Washington Post:

This astonishing chart shows how moderate Republicans are an endangered species — Political scientists have known for years that political polarization is largely a one-sided phenomenon: in recent decades the Republican Party has moved to the right much faster than Democrats have moved to the left.

Discussion: Daily Kos

Peter Wehner / Commentary Magazine:
The Democratic Party's Growing Radicalism

Discussion: Common Dreams, Washington Monthly and Washington Post

New York Times:
Americans' Views on Money in Politics

Discussion: PoliticusUSA, ThinkProgress, The Week, Washington Monthly and OnPolitics

Nicole Norfleet / Star Tribune:

Mpls. private school takes students to adult novelty store for sex ed lesson — The field trip upset some parents at Gaia School. “It's just a major breach of trust,” said one parent. — Smitten Kitten owner Jennifer Pritchett. — TEXT SIZE — Some parents are outraged after the leader …

Discussion: Addicting Info, Weasel Zippers, Althouse and The Daily Caller

interpol.int:

INTERPOL issues Red Notices for former FIFA officials and executives wanted by US authorities — LYON, France - At the request of US authorities, INTERPOL Red Notices - or international wanted persons alerts - have been issued for two former FIFA officials and four corporate executives …

Discussion: Politico, NPR, New York Times, Mashable and The Week

Mary Cheney / Fox News:

It's time for Republican Party leaders to embrace marriage equality — There's been a lot of discussion about same sex marriage over the last few months - particularly from the candidates running for the GOP nomination. Sometimes it seems as if they are in a contest to see who can be the …

Discussion: Raw Story

David Kumbroch / WHNT-TV:
Bill scrapping marriage licenses hits Alabama House after passing Senate

Discussion: Advocate, Hot Air, Instapundit and Althouse

Martin Matishak / The Hill:

House panel moves to block State funding over Benghazi emails — House Republicans on Tuesday unveiled a spending bill that would withhold some funding for the State Department until officials cooperate with their investigation into the 2012 terrorist attacks in Benghazi, Libya.

Joel Snape / Telegraph:

Manspreading arrests: the long arm of the law just invaded our personal space — As two men are arrested for ‘manspreading’ on the New York metro, Joel Snape argues that we should all take a bit of responsibility rather than making anti-social behaviour illegal

Discussion: BREITBART.COM and Rush Limbaugh

Mark Preston / CNN:

Jindal set to announce presidential plans - CNNPolitics.com — Bobby Jindal, who has been actively exploring a campaign for the GOP presidential nomination, will announce his decision later this month, CNN has learned.

Discussion: NBC News, Political Wire, The PJ Tatler, The Week and The Reaction

Steven Shepard / Politico:

Republican wins Mississippi congressional seat — Trent Kelly will finish the term of the late Alan Nunnelee. — Republican Trent Kelly has won a special election to succeed late Mississippi Rep. Alan Nunnelee, easily defeating Democrat Walter Zinn in Tuesday's runoff.

Discussion: Political Wire

Mike DeBonis / Washington Post:

Congress turns away from post-9/11 law, retooling U.S. surveillance powers — Congress on Tuesday rejected some of the sweeping intelligence-gathering powers it granted national security officials after the 9/11 terror attacks, with the Senate voting to end the government's bulk collection …

Discussion: ThinkProgress, Hinterland Gazette, New York Times, Bloomberg Business and The Week

CNN:
Senate passes NSA reform measure

Discussion: Latest from Crooks and Liars, Hullabaloo, Real Clear Politics, Hot Air and Little Green Footballs

John Irish / Reuters:

U.S. says 10,000 Islamic State militants killed in nine-month campaign — More than 10,000 Islamic State fighters have been killed since the international coalition started its campaign against the militant group nine months ago in Iraq and Syria, U.S. Deputy Secretary of State Antony Blinken said on Wednesday.

Discussion: The Long War Journal and The Week

Boyd Huppert / KARE-TV:

5th grade boys spot a bully and take action — 5th grade boys spot a bully and take action Jonathan Malat, KARE — MANKATO, Minn. - All the students at Franklin Elementary start every day with the Pledge of Allegiance. — But the “justice for all” part belongs to five fifth grade boys.

Discussion: Mashable and John Hawkins' Right Wing News

Spencer Soper / Bloomberg Business:

Amazon Debuts Free Shipping on Small Goods, No Minimum Order — Not just for Prime members — Amazon.com Inc. is introducing free shipping on thousands of popular, smaller items — makeup, mobile phone accessories, earplugs — in its Web store, without requiring a minimum order.

Discussion: The Verge, Mashable and Consumerist

James Rosen / Fox News:

HRC EMAILS: Federal officials voiced growing alarm over Clinton's compliance with records laws, documents show — Over a five-year span, senior officials at the National Archives and Records Administrations (NARA) voiced growing alarm about Hillary Clinton's record-keeping practices as secretary of state …

Discussion: Weasel Zippers

Mark Garfinkel / Boston Herald:

Boston police: Man killed by FBI agent, cop during active terror probe — Photo by: — Boston police officers and detectives investigate at the scene of a shooting Tuesday morning at 4600 Washington St. in Roslindale. — By: — An armed man in his 20s being surveilled …