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11:10 AM ET, January 3, 2010

memeorandum

 Top Items: 
Associated Press:
US, UK close Yemen embassies over al-Qaida threats  —  Buzz up!  —  SAN'A, Yemen - The U.S. and Britain closed their embassies in Yemen on Sunday in the face of al-Qaida threats, after both countries announced an increase in aid to the government to fight the terror group linked …
RELATED:
Sudarsan Raghavan / Washington Post:
Al-Qaeda benefits from a decade of missteps to become a threat in Yemen  —  SANAA, YEMEN — Nearly a decade after the bombing of the USS Cole, a combination of U.S. and Yemeni missteps, deep mistrust and a lack of political will have allowed al-Qaeda militants here to regroup and pose …
Newsweek Blogs:
White House Adviser Briefed in October on Underwear Bomb Technique
New York Times:
Living on Nothing but Food Stamps  —  CAPE CORAL, Fla. — After an improbable rise from the Bronx projects to a job selling Gulf Coast homes, Isabel Bermudez lost it all to an epic housing bust — the six-figure income, the house with the pool and the investment property.
RELATED:
Peter S. Goodman / New York Times:
Real Estate in Cape Coral, Fla., Is Far From a Recovery  —  FELLOW adventurers, refugees from winter and armchair archaeologists, we are here on this shiny green tour bus to embark on a safari of sorts.  We'll be exploring the local habitat, as upended and reconfigured by an epochal real estate fiasco.
Steve Benen / Washington Monthly:
OUR STUNTED DISCOURSE.... For over a week now, the right has been working aggressively to go after President Obama over national security policy.  But since the failed Christmas-day plot, conservatives haven't quite come up with a coherent line of attack.  Indeed, nine days later …
Matt Corley / Think Progress:
Brennan responds to Cheney: He's either ‘willfully mischaracterized’ Obama or is ‘ignorant of the facts.’  —  Earlier this week, former Vice President Dick Cheney joined the GOP's hypocritical attacks against President Obama's response to the attempted Christmas day terror attack, claiming that …
Robin Sidel / Yahoo! Finance:
Banks Roll Out New Check, Card Fees … The nation's banks will be bombarding customers with new fees and products in 2010 as they try to replace more than $50 billion in revenue wiped out by new rules that clamp down on certain business practices.  —  So far, the changes are mostly concentrated in checking accounts and credit cards.
Discussion: Outside The Beltway and Stinque
Tyler Cowen / New York Times:
Fruitful Decade for Many in the World  —  IT may not feel that way right now, but the last 10 years may go down in world history as a big success.  That idea may be hard to accept in the United States.  After all, it was the decade of 9/11, the wars in Iraq and Afghanistan, and the financial crisis, all dramatic and painful events.
Mark Steyn / National Review:
The Joke's on Us  —  The Pantybomber wasn't the big joke.  We are.  —  On Christmas Day, a gentleman from Nigeria succeeded (effortlessly) in boarding a flight to Detroit with a bomb in his underwear.  Pretty funny, huh?  —  But the Pantybomber wasn't the big joke.  The real laugh was the United States government.
Discussion: GINA COBB
Bono / New York Times:
Ten for the Next Ten  —  IF we have overindulged in anything these past several days, it is neither holiday ham nor American football; it is Top 10 lists.  We have been stuffed full of them.  Even in these self-restrained pages, it has been impossible to avoid the end-of-the-decade accountings …
Discussion: Newshoggers.com and Daily Kos
David Leppard / Times of London:
MI5 knew of Umar Farouk Abdulmutallab's UK extremist links  —  The security services knew three years ago that the Detroit bomber had “multiple communications” with Islamic extremists in Britain, it emerged this weekend.  —  Counterterrorism officials said Umar Farouk Abdulmutallab was …
 
 
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 More Items: 
Ben Pershing / Washington Post:
Some foes of health-care bill hope courts will stop legislation
Discussion: Balkinization
ABCNEWS:
Exclusive: CIA Attacker Driven in From Pakistan
Discussion: Weasel Zippers and PrairiePundit
Telegraph:
Barack Obama is vulnerable on terror - and he knows it
Discussion: RedState and Althouse
 Earlier Items: 
Myglesias / Matthew Yglesias:
Why the Budget Will Never Be Balanced
Discussion: Washington Post
Innocent / gorilla.cd:
Massive Volcanic Eruption in the National Park this morning
Discussion: OpEdNews
Wall Street Journal:
Peak Oil Refuses to Rise to the Occasion
Discussion: Samizdata.net and Hit & Run