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12:20 PM 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:
Adam Liptak / New York Times:
Justices Block Key Part of Campaign Law  —  WASHINGTON — Sweeping aside a century-old understanding and overruling two important precedents, a bitterly divided Supreme Court on Thursday ruled that the government may not ban political spending by corporations in candidate elections.
Kenneth P. Vogel / The Politico:
Court decision opens floodgates for corporate political spending  —  The Supreme Court on Thursday opened wide new avenues for big-moneyed interests to pour money into politics in a decision that could have a major influence on the 2010 midterm elections and President Barack Obama's 2012 reelection campaign.
Steve Hoersting / Bench Memos on National …:
Freedom in Citizens United — By: Steve Hoersting
Discussion: Power Line and Betsy's Page
NPR:
High Court Rolls Back Campaign Spending Limits
Discussion: Top of the Ticket
Ariane De Vogue / ABCNEWS:
Supreme Court Overturns Campaign Spending Limits on Corporations
Discussion: BuzzFlash.org
Chris Good / The Atlantic Politics Channel:
Citizens United Decision: Bring On The Spending
Discussion: Law Blog
CNN:
Court eases rules on political campaign spending
Discussion: Shakesville
Aaron Blake / The Hill:
Supreme Court strikes down campaign finance restrictions
Discussion: Ben Smith's Blog
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:
Washington Post:
Pelosi says House cannot pass Senate's health-care bill without changes  —  House Speaker Nancy Pelosi said Thursday that the Senate will have to amend its version of a health-care reform bill before her chamber can pass it.  —  “I don't think it's possible to pass the Senate bill in the House …
Brian Beutler / TPMDC:
U-Turn: Frank Says, With Assurances, He'll Vote For The Senate Health Care Bill
Myglesias / Matthew Yglesias:
Raul Grijalva Flirting With History's Greatest Monster Status
Discussion: TalkLeft
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
Christina Wilkie / The Hill:
John Edwards admits fathering child during affair with filmmaker
Discussion: TalkLeft
Jeff Zeleny / The Caucus:
John Edwards Admits Paternity
Discussion: Wonkette and Connecting.the.Dots
New York Times:
Obama to Propose Limits on Risks Taken by Banks  —  WASHINGTON — President Obama on Thursday will publicly propose giving bank regulators the power to limit the size of the nation's largest banks and the scope of their risk-taking activities, an administration official said late Wednesday.
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 and Economist's View
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%.
Discussion: Real Clear Politics and TPMDC
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 …
CNN:
Sen.-elect Brown makes the rounds in Washington  —  Washington (CNN) — Two days after his stunning victory in Massachusetts, Republican Sen.-elect Scott Brown heads to the nation's capitol on Thursday.  —  Brown is a state senator who defeated Democratic state Attorney General Martha Coakley …
Discussion: WCVB-TV and The Page
RELATED:
Gail Collins / New York Times:
Democratic Silver Linings
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 and Erick's blog
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.
Peter Baker / New York Times:
Obama Trying to Turn Around His Presidency  —  WASHINGTON — Chastened and bruised, President Obama on Wednesday began the daunting process of trying to turn around his presidency in a drastically altered political environment that will test his leadership, his instincts and his political dexterity as never before.
RELATED:
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
 
 
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 More Items: 
Howie / The Jawa Report:
Chicago Argues to Void 14th Ammendment To Protect Weapons Ban
Spencer Ackerman / The Washington Independent:
Inhofe: ‘I Believe in Racial and Ethnic Profiling’
Discussion: Washington Monthly and The Hill
Jon Walker / Firedoglake:
IN-9: Baron Hill Trailing Mike Sodrel in Fifth Straight Match Up, 41% to 49%
Discussion: The Hill
Cato Institute:
The Libertarian Vote in the Age of Obama
Discussion: Cato @ Liberty
 Earlier Items: 
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
Myglesias / Matthew Yglesias:
Inside the Beltway  —  Gabe Sherman has a very interesting article …
NASDAQ.com:
Among Democrats, Calls To Extend Bush Tax Cuts