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3:45 PM ET, May 7, 2010

memeorandum

 Top Items: 
Christine Hauser / New York Times:
U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9%  —  The American economy added an unexpectedly strong 290,000 jobs in April, while the unemployment rate rose to 9.9 percent, the government said Friday.  —  Analysts had expected a gain of about 190,000 in the month.
RELATED:
Steve Benen / Washington Monthly:
AT LONG LAST, U.S. JOB MARKET STARTS TO LOOK PRETTY GOOD.... It seemed all but certain that the economy added jobs in April; the question was how many, and the extent to which the larger trend would be encouraging or discouraging.  —  With that in mind, the new from the Bureau of Labor Statistics offered …
Catherine Rampell / Economix:
Comparing This Recession to Previous Ones: Job Changes  —  Horizontal axis shows months.  Vertical axis shows the ratio of that month's nonfarm payrolls to the nonfarm payrolls at the start of recession.  Note: Because employment is a lagging indicator, the dates for these employment trends …
Discussion: Eschaton
Phil Izzo / Real Time Economics:
Broader U-6 Unemployment Rate Increases to 17.1% in April  —  The U.S. jobless rate rose to 9.9% in April, the first increase in three months, but the government's broader measure of unemployment ticked up for the third month in a row, rising 0.2 percentage point to 17.1%.
Discussion: Hot Air, Clusterstock and Atlas Shrugs
Christina Romer / White House.gov Blog Feed:
The Employment Situation in April
Discussion: The Hill and msnbc.com
RELATED:
Jackie Calmes / New York Times:
Obama to Seek More Power to Cut Spending From Bills  —  WASHINGTON — President Obama, in his latest effort to signal fiscal responsibility against the rising debt, plans this month to ask Congress to give him and future presidents greater power to try to delete individual items from spending bills.
Katharine Q. Seelye / New York Times:
Potential Court Pick Faced Dilemma at Harvard
Discussion: Main Justice and RedState
Christina Bellantoni / TPMDC:
Supremely Speculative — SCOTUS Talk Gets DC In A Lather
BBC:
Brown ‘respects’ Clegg-Tory talks  —  Gordon Brown has said he “respects” the right of the Lib Dems to talk to the Tories about forming a government.  —  But he said he was still PM and, if talks failed, would open negotiations with the Lib Dems, after the election resulted in a hung parliament.
RELATED:
BBC:
Cameron offer to build UK government
Joe / Joe. My. God.:
My Interview With Jo-Vanni Roman  —  Around 1am this morning I got tipped by one of the guys at Unzipped that Jo-Vanni Roman was finally ready to speak with me.  Five minutes later I had him on the phone from Fort Lauderdale, but not before I alerted Father Tony to be ready to rush over to him immediately for a video interview.
RELATED:
Miami New / Riptide 2.0:
Things Rekers Said To Lucien When He Didn't Think We Were Listening  —  Anti-gay activist George Alan Rekers contends in an earlier post on Riptide that he did not hire a young gay escort named Lucien as a prostitute.  But what the minister — who hasn't returned calls seeking comment …
Paul Krugman / New York Times:
A Money Too Far  —  So, is Greece the next Lehman?  No. It isn't either big enough or interconnected enough to cause global financial markets to freeze up the way they did in 2008.  Whatever caused that brief 1,000-point swoon in the Dow, it wasn't justified by actual events in Europe.
RELATED:
Myglesias / Matthew Yglesias:
The ECB's Bad Reputation
Discussion: Washington Post, CEPR and Eschaton
Andrew Malcolm / Top of the Ticket:
Al Franken takes over the U.S. Senate floor to explain a newspaper cartoon to the waiting nation  —  All we can say is thank goodness Minnesota's newest Democratic U.S. senator, Al Franken, was on duty Thursday.  —  We were poring through one of America's most glorious man-caused treasures …
Discussion: Hot Air
The Smoking Gun:
For Airport Security, Size Matters  —  Cops: New high-tech screener triggered fight over manhood insult  —  A Transportation Security Administration screener is facing an assault rap after he allegedly beat a co-worker who joked about the size of the man's genitalia after he walked through a security scanner.
RELATED:
NBC Miami:
Suspicious Package: TSA Worker Jailed After Junk Joke
New York Times:
High-Speed Trading Glitch Costs Investors Billions  —  The glitch that sent markets tumbling Thursday was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200.  —  The old system of floor traders matching buyers …
The Huffington Post:
Senate Votes For Wall Street; Megabanks To Remain Behemoths  —  What's Your Reaction: … A move to break up major Wall Street banks failed Thursday night by a vote of 61 to 33.  —  Three Republicans, Richard Shelby of Alabama, Tom Coburn of Oklahoma and John Ensign of Nevada …
Yves Smith / naked capitalism:
On the Fat Fingered Trade and Market Freakout  —  We'll know in due course, now that an investigation is underway, why the equity markets in the US went into complete freefall for about twenty minutes, with the Dow dropping 998 points.  Per Bloomberg: … Yves here.
Discussion: Angry Bear and Credit Writedowns
RELATED:
New York Times:
Bill Targets Citizenship of Terrorists' Allies  —  WASHINGTON — Proposed legislation that would allow the government to revoke American citizenship from people suspected of allying themselves with terrorists set off a legal and political debate Thursday that scrambled some of the usual partisan lines on civil-liberties issues.
Caroline Glick:
Time to plan for war  —  So much for US President Barack Obama's famed powers of persuasion.  At the UN's Nuclear Non-Poliferation Treaty review conference which opened this week, the Obama administration managed to lose control over the agenda before the conference even started.
New York Times:
Regulator Deferred to Oil Industry on Offshore Rig Safety  —  WASHINGTON — Federal regulators warned offshore rig operators more than a decade ago that they needed to install backup systems to control the giant undersea valves known as blowout preventers, used to cut off the flow of oil from a well in an emergency.
John Lyon / Arkansas News:
Poll: Lincoln leads Halter; Boozman leads both Democrats  —  LITTLE ROCK — A new poll commissioned by the Arkansas News Bureau/Stephens Media shows U.S. Sen. Blanche Lincoln, D-Ark., with a 12-point lead over Lt. Gov. Bill Halter, the chief Democratic challenger to Lincoln's re-election bid.
Ezra Klein:
Secret holds are not the problem (but the Democrats would like to make them the problem)  —  I've never been able to get a straight answer on why, exactly, senators should be able to place anonymous holds on nominees.  I can see the arguments for holds themselves: They allow senators …
Nicholas Wade / New York Times:
Signs of Neanderthals Mating With Humans  —  Neanderthals mated with some modern humans after all and left their imprint in the human genome, a team of biologists has reported in the first detailed analysis of the Neanderthal genetic sequence.  —  The biologists, led by Svante Paabo …
Amanda Terkel / Think Progress:
The ‘Woodstock’ of Tea Parties planned for 9/11 anniversary.  —  Last year, the Tea Party movement gathered in Washington, DC for a widely publicized rally on Sept. 12.  Fox News host Glenn Beck, the brains behind the march, implored people to attend by saying that they “may be the only thing that stands between freedom and slavery.”
 
 
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 More Items: 
Kos / Daily Kos:
IL-Sen: Illinois Dems slip
Discussion: Taegan Goddard's … and TPMDC
David Brooks / New York Times:
Leading With Two Minds
Discussion: democracyarsenal.org
Jerry Markon / Washington Post:
Times Square suspicious package contained only water bottles
Halimah Abdullah / Lexington Herald-Leader:
Kentucky Poll: More voters unhappy with McConnell
Gary Langer / ABCNEWS:
Poll: Half of ‘Birthers’ Call It ‘Suspicion’
Discussion: Right Now, Mediaite and NewsBusters.org
 Earlier Items: 
Jonathan Saltzman / Boston Globe:
Case is made vs. US marriage law
Dave Itzkoff / ArtsBeat:
Michael Moore Says Judge's Ruling Could Have ‘Chilling Effect’ on Documentaries
Discussion: New York Times and Law Blog
Ronald Brownstein / National Journal Online:
The Conservative Tide  —  A PARTY TOO NARROW FOR SPECTER …
Capitol Ideas with John L. Micek:
New MC/Muhl Poll: Specter, Sestak Tied!
Washington Post:
Oil riggers on ship that exploded in Gulf of Mexico describe fateful night
Discussion: Balloon Juice
 

 
From Mediagazer:

Charlotte Tobitt / Press Gazette:
Ofcom rules that five GB News programs presented by Conservative politicians have broken its due impartiality rules and puts the channel “on notice”

Benjamin Mullin / New York Times:
Authentic Brands licenses Sports Illustrated's publishing rights to The Players' Tribune owner Minute Media for 10 years, with plans to keep the print edition

Todd Spangler / Variety:
YouTuber MrBeast announces a deal with Prime Video for Beast Games, a reality-competition show with 1,000 contestants, promising the winner a $5M cash prize

 
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