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11:35 AM ET, January 21, 2010

memeorandum

 Top Items: 
Associated Press:
Justices Block Key Part of Campaign Law  —  WASHINGTON (AP) — The Supreme Court has ruled that corporations may spend freely to support or oppose candidates for president and Congress, easing decades-old limits on their participation in federal campaigns.  —  By a 5-4 vote …
RELATED:
CNN:
Ruling: More corporate, union campaign spending
Discussion: Shakesville
Paul Krugman:
He Wasn't The One We've Been Waiting For  —  Health care reform — which is crucial for millions of Americans — hangs in the balance.  Progressives are desperately in need of leadership; more specifically, House Democrats need to be told to pass the Senate bill, which isn't what they wanted but is vastly better than nothing.
RELATED:
New York Times:
The Massachusetts Election  —  If anyone should have seen it coming in Massachusetts, it is President Obama — the long-shot candidate who rode to electoral victory on a wave of popular impatience and an ability to identify and address voters' core anxieties.
Brian Beutler / TPMDC:
U-Turn: Frank Says, With Assurances, He'll Vote For The Senate Health Care Bill
George Stephanopoulos / George's Bottom Line:
TRANSCRIPT: George Stephanopoulos' Exclusive Interview with President Obama
RELATED:
ABCNEWS:
John Edwards Admits He Fathered Rielle Hunter's Child  —  Former Aide Says Edwards Had Him Steal Diaper to Secretly Check His Paternity  —  Former presidential candidate John Edwards abandoned his long denial that he had fathered a child during an affair with a campaign aide and admitted today …
The Politico:
Edwards: Yes, I'm the father
Discussion: Ben Smith's Blog
RELATED:
Wall Street Journal:
Proposal Set to Curb Bank Giants  —  WASHINGTON—President Barack Obama on Thursday is expected to propose new limits on the size and risk taken by the country's biggest banks, marking the administration's latest assault on Wall Street in what could mark a return, at least in spirit …
Simon Johnson / The Baseline Scenario:
Paul Volcker Prevails
Andrew Leonard / Salon:
Obama finally listens to Paul Volcker
Discussion: Paul Krugman
Rasmussen Reports:
Election 2010: Missouri Senate  —  2010 Missouri Senate: Blunt (R) 49%, Carnahan (D) 43%  —  Republican Roy Blunt now holds a six-point lead over Democrat Robin Carnahan in Missouri's race for the U.S. Senate.  —  A new Rasmussen Reports telephone survey of likely voters in the state finds Blunt ahead of Carnahan 49% to 43%.
RELATED:
Rasmussen Reports:
Senate 2010: More Shocks on the Way  —  A Commentary By Larry J. Sabato  —  With Tuesday night's upset by Republican Scott Brown in Massachusetts, the GOP gained more than just a 41st vote to disrupt the Obama agenda.  As attention turns to the midterm elections in November, the Republican Party has strong momentum.
James Fallows:
Political math: 37 > 63  —  As I point out in my article in the current issue, the combination of three forces:  — The original Constitutional compromise giving two Senate seats to every state, large or small;  — The post-Constitutional patterns of population growth …
Scott / Power Line:
Courting Disaster with Christiane Amanpour  —  Marc Thiessen is the author of Courting Disaster: How the CIA Kept America Safe and How Barack Obama Is Inviting the Next Attack , about which he wrote for us here.  As White House speechwriter for George Bush, Thiessen was locked in a secure room …
Discussion: JustOneMinute
RELATED:
Human Events:
Sparks Fly as ‘Courting Disaster’ Author Clashes with CNN's Amanpour  —  Sparks flew on CNN's Amanpour, when conservative author Marc Thiessen directly challenged the CNN's chief international correspondent with evidence that she had misled her viewers about the CIA's waterboarding techniques.
Erick Erickson / Erick's blog:
Wow. Marc Thiessen Smokes Amanpour and Sands
Discussion: RedState and Nice Deb
Erika Lovley / The Politico:
AYLA BROWN: ‘AVAILABLE’ COMMENT ‘OFF SCRIPT’  —  Newly elected Massachusetts Sen. Scott Brown told the world Tuesday night that his daughters are “available,” and the world apparently listened.  —  “Scott Brown Family Photos” was the eighth most searched term on Google Trends as of Wednesday morning.
Discussion: Hot Air
RELATED:
Gail Collins / New York Times:
Democratic Silver Linings
Discussion: Washington Post
The Politico:
Dems fret: ‘Every state is in play’  —  The Republican victory in Massachusetts has sent a wave of fear through the halls of the Senate, with moderate and liberal Democrats second-guessing their party's agenda — and worrying that they'll be the next victims of voters' anger.
RELATED:
Jordan Fabian / The Hill:
Brown to meet with senators on Capitol Hill
Discussion: The Politico
Josh Marshall / Talking Points Memo:
Relieved  —  I want to recommend that everyone read the email we just got from a Senate staffer who will have to remain anonymous.  Here's one part of the email that stood out to me.  The whole thing is after the jump ...  Here's the whole thing.
Bloomberg:
Buffett Says He Can't See Rationale for Bank Levy  —  Jan. 20 (Bloomberg) — Warren Buffett opposes President Barack Obama's proposed levy on financial institutions because firms including Goldman Sachs Group Inc. and Wells Fargo & Co. already repaid bailout funds.
Discussion: QandO, naked capitalism and GINA COBB
Cato Institute:
The Libertarian Vote in the Age of Obama … Libertarian — or fiscally conservative, socially liberal — voters are often torn between their aversions to the Republicans' social conservatism and the Democrats' fiscal irresponsibility.  Yet libertarians rarely factor into pundits' and pollsters' analyses.
Discussion: Cato @ Liberty
Jon Walker / Firedoglake:
IN-9: Baron Hill Trailing Mike Sodrel in Fifth Straight Match Up, 41% to 49%  —  FDL/SurveyUSA, 1/16-1/18, 600 likely voters, margin of sampling error ± 4.1% … 2010 will be the fifth straight time Democratic Congressman Baron Hill has gone head-to-head with Republican former Congressman Mike Sodrel …
Discussion: The Hill
The Politico:
Obama's first year: What went wrong  —  As the Obama administration marks its first birthday, there is no reason to shop around for the perfect present.  What President Barack Obama needs most is obvious: a new political strategy — ideally one more grounded in the realities of governance than the one he embraced a year ago Wednesday.
 
 
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 More Items: 
Andrew Taylor / Associated Press:
Democrats propose $1.9T increase in debt limit
Discussion: TPMDC and theblogprof
Ben Smith / Ben Smith's Blog:
Not persuasive  —  Another moment of self-awareness …
Discussion: Time and AmSpecBlog
Megan McArdle:
The Health Care Grassroots Game
Khaled Abu Toameh / Jerusalem Post:
'Hamas accepts Israel's right to exist'
Discussion: Commentary
 Earlier Items: 
Myglesias / Matthew Yglesias:
Inside the Beltway  —  Gabe Sherman has a very interesting article …
NASDAQ.com:
Among Democrats, Calls To Extend Bush Tax Cuts
Fox News:
Palin on Mass. Senate Shocker: ‘The Status Quo is Not Acceptable’
Royal Family / Telegraph:
Muslim police say Islam not to blame for terror attacks