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9:20 AM ET, May 7, 2010

memeorandum

 Top Items: 
BBC:
UK ‘wakes up to hung Parliament’  —  With more than 500 general election results in out of 650, the BBC is predicting a hung Parliament with the Tories as the largest party.  —  Labour cannot now win a majority, but it is not clear which party will be in a position to form a government.
RELATED:
BBC:
First hung parliament in UK for decades  —  The Conservatives have won the most MPs in the UK general election but fallen short of a majority, leading to the first hung parliament since 1974.  —  As counting continues the Tories have gained 92 seats, Labour have lost 86 and the Lib Dems six …
Andrew Sparrow / Guardian:
General election 2010: results - live!  —  • Exit poll shows Con 305, Lab 255, LD 61  —  • Swing from Labour to Tories so far: 5.2%  —  • Cameron says Labour has lost mandate to govern  —  • Former home secretary Charles Clarke loses seat  —  • Greens win in Brighton, BNP fail to win in Barking
CNBC:
Stock Selloff May Have Been Triggered by a Trader Error  —  In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points before paring those losses—all apparently due to a trader error.  —  According to multiple sources, a trader entered a “b” …
RELATED:
Wall Street Journal:
Dow Takes Harrowing 1,010.14-Point Trip
David Scheer / Bloomberg:
SEC Said to Probe Causes, Exploitation of Stock-Market Turmoil
RELATED:
Michelle Oddis / Human Events:   BREAKING: Navy SEAL McCabe Found Not Guilty
Allahpundit / Hot Air:
Breaking: Last Navy SEAL acquitted of abusing Iraqi terrorist …
Larry O'Dell / Associated Press:
Va. military jury finds Navy SEAL not guilty
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 …
Andy McCarthy / The Corner on National Review Online:
Disgraceful Leaking — By: Andy McCarthy  —  As I explained in this post last evening, there seems to have been no good reason to file the arrest complaint against Faisal Shahzad publicly, and to have done so in a way that showed he was cooperating.  All that does is alert co-conspirators …
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New York Times:
Times Square Suspect Drew Inspiration From Militant Cleric  —  WASHINGTON — The Pakistani-American man accused of trying to detonate a car bomb in Times Square has told investigators that he drew inspiration from Anwar al-Awlaki, a Yemeni-American cleric whose militant online lectures …
Mike Allen / The Politico:
Obama's Court pick is imminent — POTUS to seek line-item veto — Britain sorting out ‘hung parliament’ — Did Dow tank on ‘fat finger error’?  — Palin + Facebook = Yahtzee  —  DRIVING NEXT WEEK — Look for President Obama to name his Supreme Court pick Monday, and look …
Discussion: WCBS-TV
RELATED:
Jackie Calmes / New York Times:   Obama to Seek More Power to Cut Spending From Bills
Paul / Power Line:   The stealth law professor
Sarah Palin / Facebook:
Let's shake it up in California!  —  I'd like to tell you about a Commonsense Conservative running for office in California this year.  She grew up in a modest home with a school teacher dad, worked her way through several colleges, and then entered an arena where few women had tread.
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 …
Political Punch:
White House Gives Chilly Reception to Lieberman's Citizenship-Stripping Bill  —  White House press secretary Robert Gibbs today indicated no one in the White House supports the legislation introduced today by Sens. Joe Lieberman, I-Conn., that would give the State Department the power to revoke …
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Russell Berman / The Hill:
Pelosi: ‘Be very careful’ about Lieberman, Brown terror citizen bill
Discussion: Reuters and The Politico
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:
Jeannine Aversa / Associated Press:
Jobs up 290,000; jobless rate rises to 9.9 pct.  —  WASHINGTON — More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years.  The jobless rate rose to 9.9 percent as people streamed back into the market looking for work.
Daniel Friedman / Hotline On Call:
Coburn Holds Ex-Bush Spokeswoman  —  Sen. Tom Coburn (R-OK) has placed holds on more WH nominees, including former George W. Bush press secretary Dana Perino, he said today.  —  Coburn disclosed holds on eight nominees to the Broadcasting Board of Governors including, including Perino and popular author and journalist Walter Isaacson.
Discussion: Balloon Juice
RELATED:
Ezra Klein:
Dick Durbin: Let my nominees go!
Discussion: CNN and The Hill
Joe Weisenthal / Silicon Alley Insider:
THE MOST EXCITING MOMENT IN CNBC HISTORY: Jim Cramer Saves The Market  —  If you missed it, here's the instant-classic video of Erin Burnett and Jim Cramer going nuts together as the Dow collapsed and then rebounds  —  Check our more artistic version of the day's events …
Spencer Ackerman / The Washington Independent:
Pentagon Bans Four Journalists From Guantanamo Bay for Reporting Interrogator #1's Name  —  GUANTANAMO BAY — Two weeks' worth of proceedings in the pre-trial hearing of Omar Khadr found an unexpected meta-conclusion this afternoon as the public affairs shop in the Office of the Secretary …
Megan McArdle / The Atlantic Online:
What the Hell Just Happened in the Market?  —  For those who don't have Bloomberg News on 24/7, the Dow just dropped almost 1,000 points, before bouncing back to . . . well, to being down a mere 400 points.  What on earth is going on?  —  Immediate theories:  — It was the computers, stupid.
RELATED:
KCCI-TV:
KCCI POLL RESULTS - MAY 2010  —  DES MOINES, Iowa — The Research 2000 Iowa Poll was conducted from May 3 through May 5, 2010.  A total of 600 likely voters who vote regularly in state elections were interviewed statewide by telephone.  —  Those interviewed were selected by the random variation …
Washington Post:
Oil riggers on ship that exploded in Gulf of Mexico describe fateful night  —  BELLE CHASSE, LA. — Before the explosion, the oil spill, the declarations of “environmental crisis” or the emergency visit by President Obama, 126 oil riggers were passing another quiet night on the Gulf of Mexico.
Discussion: Balloon Juice
 
 
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 More Items: 
Reid Wilson / Hotline On Call:
Confidence Improves, But Trust Hurts Obama
Discussion: Townhall.com and Weasel Zippers
Jerry Zremski / Associated Press:
Obama's visit here is chance to listen
Brent Baker / NewsBusters.org:
Actress Scarlett Johansson Gushes She's Drunk the ‘Kool-Aid’ of ‘Amazing’ Obama
Brian Beutler / TPMDC:
Vote On Fed Audit Delayed To Accommodate Bennett
Scott Patterson / Wall Street Journal:
Did Shutdowns Make Plunge Worse?
Denise Grady / New York Times:
Cancer Society Criticizes U.S. Panel as Overstating Risk
Discussion: THE ASTUTE BLOGGERS
Julius Genachowski / The National Broadband Plan:
IN THIS STATEMENT  —  Many have asked about the FCC's next steps …
John Amato / Crooks and Liars:
Charles Barkley, Kenny Smith and Chris Webber blast Arizona's SB 1070 …
 Earlier Items: 
Associated Press:
“Cash for Caulkers” Bill Passes House
Discussion: The Hill and CNN
Kevin D. Williamson / The Corner on National …:
Eric Cantor: Not Jewish Enough for Matt Yglesias — By: Kevin D. Williamson
Alex Isenstadt / The Politico:
DCCC to ‘re-evaluate’ Hawaii special
Miami New / Riptide 2.0:
George Rekers Is a Homosexual, Escort Says
 

 
From Techmeme:

Kif Leswing / CNBC:
Nvidia announces Blackwell, a new generation of AI chips available later in 2024, starting with the GB200 superchip, which pairs two B200 GPUs with a Grace CPU

Sean Michael Kerner / VentureBeat:
Stability AI debuts Stable Video 3D, a generative AI tool built on its Stable Video Diffusion model, letting users create 3D video from a text or image prompt

Samuel Tolbert / Windows Central:
Valve debuts Steam Families in beta, allowing a group of up to six Steam users to share their games, manage parental controls, and more

 
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