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11:15 AM ET, December 27, 2010

memeorandum

 Top Items: 
Paul Krugman / New York Times:
The Finite World  —  Oil is back above $90 a barrel.  Copper and cotton have hit record highs.  Wheat and corn prices are way up.  Over all, world commodity prices have risen by a quarter in the past six months.  —  So what's the meaning of this surge?  —  Is it speculation run amok?
Michael Rapoport / Wall Street Journal:
Bailed-Out Banks Slip Toward Failure  —  Number of Shaky Lenders Rises to 98 as Bad Loans Pile Up; Smaller Institutions Hit Hardest  —  Nearly 100 U.S. banks that got bailout funds from the federal government show signs they are in jeopardy of failing.  —  The total, based on an analysis …
RELATED:
Scott / Power Line:
Learning from HSBC  —  Last week Contentions posted an image of an HSBC Bank ad touting Iran found in an Athens airport.  The full ad creative can be found here.  It turns out that the ad is part of HSBC's current global ad campaign.  —  According to the ad, “Only 4% of American films are made by women.
Jennifer Rubin / Right Turn:
A bank that proudly does business in Iran
Discussion: Pajamas Media and The Daily Beast
Anchorage Daily News:
Miller says he'll keep fighting for Senate seat  —  CHALLENGE: But GOP candidate won't oppose Murkowksi certification.  —  Anchorage Daily News / adn.com  —  Republican Senate candidate Joe Miller announced late Sunday that he would continue his challenge in federal court of the write …
RELATED:
CNN:
Miller won't contest Murkowski certification; pursues federal suit
Associated Press:
Miller Won't Block Murkowski Senate Certification
Discussion: The Daily Caller
New York Times:
In ‘Daily Show’ Role on 9/11 Bill, Echoes of Murrow  —  Did the bill pledging federal funds for the health care of 9/11 responders become law in the waning hours of the 111th Congress only because a comedian took it up as a personal cause?  —  And does that make that comedian, Jon Stewart …
Paul Sonne / Wall Street Journal:
Assange Memoir Sold in U.S., U.K.  —  LONDON—WikiLeaks founder Julian Assange has agreed to write a memoir, U.S. publisher Random House confirmed, receiving an advance that Mr. Assange said totals more than $1 million for U.S. and U.K. rights as he seeks to pay mounting legal bills and keep the document-leaking website in the black.
RELATED:
Mary Beth Schneider / Indianapolis Star:
‘Lame ducks can still fly,’ Daniels says of his last 2 years  —  Lame duck?  Hardly.  —  With only two years left as governor, Gov. Mitch Daniels feels more charged up than ever.  —  The November election gave him solid Republican majorities in both the Senate and House …
The Blaze:
BROKAW: 'WE'LL SEE' IF OBAMA CAN LEARN ON THE JOB — HE DIDN'T HAVE HARD POLITICAL EXPERIENCE AS A GOV LIKE REAGAN DID  —  CATB  —  LOL .. all we heard was how Palin wasn't qualified .. she is much more qualified than “their” Obama!  —  Report Post »  —  Log in to Reply  —  TXPILOT
Discussion: Pajamas Media
Mohamed Shiekh Nor / Associated Press:
Somali Islamist insurgents threaten US attack  —  MOGADISHU, Somalia — A leader of Somalia's Islamist insurgency threatened to attack America during a speech broadcast Monday.  —  “We tell the American President Barack Obama to embrace Islam before we come to his country,” said Fuad Mohamed “Shongole” Qalaf.
Discussion: Jihad Watch
David Dayen / Firedoglake:
The Economy in 2011  —  After the passage of the tax cut deal, many economic forecasters raised their projections for 2011.  Recent economic indicators, including a reduction in weekly initial unemployment claims, an increase in industrial production, factory orders and consumer sentiment …
Christopher Beam / New York Magazine:
The Trouble With Liberty  —  Libertarians, of both left and right, haven't been this close to power since 1776.  But do we want to live in their world?  —  Just before Thanksgiving, in an impassioned speech on the floor of the House of Representatives, Ron Paul called for Congress to be groped.
Discussion: Hit & Run
Myglesias / Yglesias:
Subnational Government Debt Loans in China  —  Sometimes it's a bit hard to say what's happening in China (my photo, available under cc license)  —  Via Tyler Cowen, an anonymous “senior” Japanese official says: … Certainly something missed in many admiring columns about the quality …
Discussion: Marginal Revolution
Emily Miller / Human Events:
VIDEO: Daughter Says Newt Gingrich Is ‘Very Serious’ About Running For President  —  Jackie Gingrich Cushman said that her father Newt Gingrich is more intent that ever on running for President in 2012.  Gingrich has said that he will announce his decision on running in February or March.
Discussion: The Politico
Warner Todd Huston / Big Hollywood:
Meet the New Batman: An Algerian Muslim Who Saves France from Nazis and Communists  —  Reality isn't always very fun.  Because of that many people turn to comic books for a little escapism.  But there's escapism and PC indoctrination.  Sadly, it appears that DC Comics' Batman is angling for the latter and not the former.
Discussion: The Jawa Report and Weasel Zippers
Mark Helprin / Wall Street Journal:
America's Dangerous Rush to Shrink Its Military Power  —  Just as in the 1930s, the economy is the supposedly humanitarian excuse for reducing the military—although the endless miseries of the world will not be alleviated if, due to an imbalance of power, great and little wars rage across it.
Discussion: Daniel W. Drezner
Aaron Blake / Washington Post:
Juan Williams: Palin not on same ‘intellectual stage’ as Obama  —  Fox News contributor Juan Williams said Sunday that Sarah Palin “can't stand on the intellectual stage” with President Obama.  —  Williams, in his role as an analyst on Fox News Sunday, was breaking down the Republican presidential field, which he saw as weak.
Frank Newport / Gallup:
All 10 States Losing Congressional Seats Tilt Democratic  —  Five of the eight states that are gaining seats skew Republican  —  PRINCETON, NJ — Each of the 10 states losing congressional seats as a result of the newly announced 2010 census reapportionment process is politically Democratic …
Discussion: Hot Air and NewsBusters.org blogs
New York Times:
Transportation in Disarray After Blizzard Tapers Off  —  The Northeast awoke Monday morning under a heavy blanket of snow from a monster blizzard that barreled up the coast on Sunday.  Even as the storm moved on from the area, its barrages of wind-driven snow left airports closed …
Matt Schneider / Mediaite:
Janet Napolitano: Director Of National Intelligence Did Not “Need” To Know About London Terror Plot  —  Homeland Security Secretary Janet Napolitano appeared on CNN's State of the Union and was eager to defend Director of National Intelligece James Clapper's embarrassing ordeal of being unaware …
RELATED:
BREITBART.COM:
US to step up security at hotels and malls
 
 
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 More Items: 
Sewell Chan / New York Times:
New Voters May Sway Fed Actions
Discussion: Yglesias and The Atlantic Online
Josh Gerstein / The Politico:
President Barack Obama in 2011: Same Cabinet, more road time
Discussion: Hot Air, CNN and JammieWearingFool
Matt Schneider / Mediaite:
Joe Klein: Glenn Beck Is A “Telecharlatan” With A “Phony, Professorial Air”
Discussion: News Hounds
Washington Examiner:
Examiner Editorial: Closing the books on the worst Congress
Discussion: Never Yet Melted and Biased BBC
Vicki Needham / The Hill:
Analysis: Job creation happening at faster rate than other recessions
Erik Wasson / The Hill:
Liberals fear failure on spending bill may come back to haunt Obama
Discussion: Prairie Weather
 Earlier Items: 
Nicholas D. Kristof / New York Times:
The Big (Military) Taboo
Discussion: Crooked Timber and Commentary
Washington Post:
Surveying the field of RNC race: Priebus out front, but it's anyone's guess
Discussion: The Page
Dan Mitchell / International Liberty:
According to Census Data, People Vote with their Feet for Less Government
Discussion: GayPatriot
BBC:
Coded American Civil War message in bottle deciphered
Discussion: Sky Dancing and Tammy Bruce
Jordan Fabian / The Hill:
Obamas attend church on vacation
Discussion: Wonkette and The Politico
Tom Wrobleski / Staten Island Advance:
Many Russians here aligning with Republicans