Check out Mini-memeorandum for simple mobiles or memeorandum Mobile for modern smartphones.
11:20 AM ET, August 5, 2011

memeorandum

 Top Items: 
Paul Krugman / New York Times:
The Wrong Worries  —  In case you had any doubts, Thursday's more than 500-point plunge in the Dow Jones industrial average and the drop in interest rates to near-record lows confirmed it: The economy isn't recovering, and Washington has been worrying about the wrong things.
RELATED:
Floyd Norris / New York Times:
Time to Say It: Double Dip Recession May Be Happening  —  Double dip may be back.  —  It has been three decades since the United States suffered a recession that followed on the heels of the previous one.  But it could be happening again.  The unrelenting negative economic news of the past …
New York Times:
Wall Street Rally Quickly Fizzles  —  Stocks opened higher on Wall Street on Friday after a stronger-than-expected labor report for July, but quickly gave up their gains as analysts warned of continuing pessimism about weak growth in the United States and worries about debt levels in the euro area.
Bob Willis / Bloomberg:
U.S. Payrolls Rose in July; Jobless Rate at 9.1%  —  Employers added more jobs than forecast in July, the jobless rate fell and wages climbed, easing concern the U.S. economy is grinding to a halt.  Stock futures rallied and Treasuries fell.  —  Payrolls rose by 117,000 workers …
RELATED:
Calculated Risk:
July Employment Report: 117,000 Jobs, 9.1% Unemployment Rate  —  From MarketWatch: U.S. economy gained 117,000 jobs in July … Click on graph for larger image in graph gallery.  —  This graph shows the unemployment rate.  —  The unemployment rate decreased to 9.1%.
Discussion: The Maddow Blog
Christopher S. Rugaber / Associated Press:
Unemployment rate dips, economy adds 117K jobs
Lucia Mutikani / Reuters:
July payrolls rise soothes recession fears
Wall Street Journal:
Behind a GOP Contender's Iowa Surge  —  MARION, Iowa—To understand why presidential candidate Michele Bachmann has surged in Iowa, watch when she is handed a baby.  On a recent stop here, she took off her bracelet, dangled it before the infant and cradled him while he teethed on the pearls.
Discussion: unionleader.com and msnbc.com
RELATED:
Michael O'Brien / The Hill:
Pawlenty's campaign betting turnaround begins at Ames  —  If former Minnesota Gov. Tim Pawlenty's (R) campaign is going to rebound, the candidate's betting it begins next weekend at the Ames, Iowa straw poll.  —  Pawlenty hasn't called the influential gathering of Iowans a make-or-break moment …
Discussion: ABCNEWS and Outside the Beltway
Christian Heinze / GOP 12:   Gingrich fatalistic on Ames straw poll
Lynn Sweet:
Obama's 50th Birthday bash: Stevie Wonder, Chris Rock, Tom Hanks, Whoopi Goldberg, Herbie Hancock, Jay Z  —  li> (Screen grab of Chris Rock's Twitter feed)  —  WASHINGTON—President Obama celebrated his 50th birthday Thursday night with a celebrity-filled bash, as entertainer Chris Rock reported …
RELATED:
Jennifer Epstein / The Politico:
Inside Obama's 50th-birthday party
Discussion: Obama Foodorama and The Note
Joy Pullman / Washington Examiner:
Teachers union disavows internal memo endorsing deception of parents  —  American Federation of Teachers officials have disavowed an internal report after it was posted on the union's website following its annual conference, embedded on each of its 19 pages with the union's logo and signed by a union official.
Keith Laing / The Hill:
Reid announces deal to end FAA furloughs  —  The Senate will pass the House's bill to fund the Federal Aviation Administration through September to end the week-and-a-half-long partial shutdown of the agency, Senate Majority Leader Harry Reid (D-Nev.) announced Thursday.
RELATED:
Local News:
Click on the video link to see raw video of police and sheriff's deputies investigating the scene.  —  Did you witness the attacks outside State Fair, or were you attacked?  Were you hurt?  E-mail us your story!  —  WEST ALLIS - Witnesses tell Newsradio 620 WTMJ and TODAY'S TMJ4 of a mob …
Discussion: The Gateway Pundit and Politics
New York Times:
Disapproval Rate for Congress at Record 82% After Debt Talks  —  The debate over raising the debt ceiling, which brought the nation to the brink of default, has sent disapproval of Congress to its highest level on record and left most Americans saying that creating jobs should now take priority …
Shushannah Walshe / ABCNEWS:
$30 Million Pouring In to Influence Wisconsin Recall Elections  —  A voter in Glendale, Wis., casts a ballot in a Democratic primary on Thursday, July 12, 2011, as part of recall efforts against Republican state Sen. Alberta Darling.  Darling is one of six Republican state senators being targeted …
Discussion: USA Today and Outside the Beltway
Ronald Brownstein / NationalJournal.com:
Towering Wave of Alienation Threatens Both GOP, Dems in 2012  —  In the shadow of the bitterly fought agreement to raise the federal debt ceiling, the independent voters who usually hold the balance of power in American politics are expressing astronomical levels of discontent with President Obama …
Henry Blodget / Politics:
Here's The Problem With This Market Crash...  Well, it's deja vu all over again.  —  For anyone who followed the market crashes of 2000-2002 and 2007-2009—especially the crash of 2007-2009—the 512-point drop in the Dow feels awfully familiar.  —  And as those market crashes reminded us …
Jennifer Epstein / Reuters:
IRS: 235,000 millionaires  —  President Barack Obama and many Democrats are talking about raising taxes on the wealthy, and new data released this week by the Internal Revenue Service reveals new details about the number of Americans who fit that bill.  —  People and households earning $1 million …
Virginia Postrel / Bloomberg:
About Virginia Postrel  —  Virginia Postrel writes about commerce and culture, innovation, economics and public policy.  Shes the author of “The Future and Its Enemies” and “The Substance of Style,” and is writing a book on glamour.  —  Postrel: Obama Glamour Can't Fix Charisma Deficit
Discussion: Hit & Run
Jonathan Chait / The New Republic:
What Caused The Deficit?  A Reply To Megan McArdle  —  One of the most effective Republican themes of the last two years has been blaming President Obama for the explosive growth in the budget deficit since 2009.  The accusation that “Obama's spending binge” has blown up the deficit …
RealClearPolitics Video Log:
John Kerry: Media Has “Responsibility” To “Not Give Equal Time” To Tea Party  —  Sen. John Kerry (D-MA) told MSNBC's “Morning Joe” on Friday that the media has the responsibility to not give equal time or credence to the Tea Party's views: SEN. JOHN KERRY: “And I have to tell you, I say this to you politely.
Benjy Sarlin / TPMDC:
Rick Perry Recommits To Religious Right At Saturday Prayer-Fest  —  The wait is over!  Rick Perry will host his much-buzzed about Christian prayer-fest “The Response” in Houston on Saturday, where participants will ask for divine help to overcome America's myriad problems.
The Huffington Post:
New York Attorney General Accuses Bank Of New York Mellon Of Fraud, Moves To Block Bank Of America's Mortgage Deal … Bank Of America , Foreclosures , Bank Of New York Mellon , Countrywide Financial , Eric Schneiderman , New York Attorney General , Mortgage-Backed Securities , Business News
Discussion: Washington Post and Firedoglake
Tierney Smith / CNSNews:
House Panel Approves Resolution Calling on Turkey to Return Confiscated Christian Churches  —  (CNSNews.com) - The House Foreign Affairs Committee recently voted 43 to one in support of a resolution that calls upon the Republic of Turkey “to safeguard its Christian heritage …
Discussion: Weasel Zippers and Jihad Watch
Jeffrey Goldberg / The Atlantic Online:
Tzipi Livni Praises Obama for Pressuring Netanyahu, Suggests U.S. Should Keep Up the Heat  —  An interview with the leader of Israel's largest opposition party  —  Tzipi Livni, the leader of Israel's Kadima Party, the largest opposition party in the Knesset — and the largest party in the entire Knesset …
Discussion: Ben Smith's Blog
CNNMoney.com:
July jobs report: Hiring picks up  —  NEW YORK (CNNMoney) — The job market strengthened in July, a welcome piece of good news that sharply contrasted other recent readings pointing toward an economic slowdown.  —  Employers added 117,000 jobs last month, well above the 46,000 jobs added in June …
Claire Courchane / Washington Times:
Neb. mine find to challenge China's dominance of vital rare minerals  —  Elements coveted for high-tech uses  —  Elk Creek, Neb. (population 112), may not be so tiny much longer.  Reports suggest that the southeastern Nebraska hamlet may be sitting on the world's largest untapped deposit of …
Discussion: RedState and Samizdata.net
Matt McGrath / BBC:
Arctic ‘tipping point’ may not be reached  —  The team said they had found an indirect method to give a picture of the ice cover dating back 11,000 years  —  Scientists say current concerns over a tipping point in the disappearance of Arctic sea ice may be misplaced.
Blake Ellis / CNNMoney.com:
Food stamp use rises to record 45.8 million  —  NEW YORK (CNNMoney) — Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture.  —  The number of Americans using the government's Supplemental Nutrition Assistance Program …
Ambrose Evans-Pritchard / Telegraph:
The ECB throws Italy and Spain to the wolves  —  The European Central Bank has abandoned Italy and Spain to their tortured fate.  —  Jean-Claude Trichet, the ECB's president, said the bank had purchased eurozone bonds for the first time since March.
Discussion: Bloomberg, Decide America and Guardian
 
 
 Archived Page Info: 
This is a snapshot of memeorandum at 11:20 AM ET, August 5, 2011.

View the current page or another snapshot:


 
 See Also: 
memeorandum: site main
memeorandum River: reverse chronological memeorandum
memeorandum Mobile: for phones
memeorandum Leaderboard: memeorandum's top sources
 
 Subscribe: 
memeorandum RSS feed
memeorandum on Mastodon
 
 
 More Items: 
Ezra Klein / Washington Post:
Isn't it time to admit our system is broken?
Mitchel Maddux / New York Post:
‘Rent is Too Damn High’ candidate facing eviction from rent-controlled apartment
Greg Jaffe / Washington Post:
Defense Secretary Leon Panetta warns against more cuts in Pentagon budget
CNN:
RNC takes wait-and-see approach to punishing primary states
Motoko Rich / New York Times:
U.S. Posts Stronger Job Gains Amid Fear
Jim Brunner / Seattle Times:
Kucinich gets hero's welcome at union confab
Lisa Leff / The Huffington Post:
TSA Transgender Training At LAX
Discussion: AMERICAblog Gay
 Earlier Items: 
Jacob Weisberg / Financial Times:
Washington's appetite for self-destruction
Discussion: FT Alphaville and The New Editor
Clive Crook / The Atlantic Online:
Time for QE3, and Then Some  —  The global beating shares …
Discussion: Grasping Reality …
Michael Graham / Boston Herald:
Matt Damon's got a lot to learn
Discussion: Opinion L.A.
Noel Sheppard / NewsBusters.org:
Arianna Huffington: Nobody Believes Obama's Top Priority Is Jobs - It's Getting Reelected
Discussion: Shot in the Dark
Roger L Simon / Pajamas Media:
Dow Down 500: Should Obama Resign?
 

 
From Mediagazer:

Alexandra Bruell / Wall Street Journal:
The Atlantic is profitable, has 1M subscribers, and revenue grew 10% in 2023 thanks to a 50% price hike, a harder paywall, and a shift to in-depth reporting

Ashley Carman / Bloomberg:
How MowPod, which sells podcast advertising tools, uses mobile game ads to incentivize gamers to follow shows on Apple Podcasts in order to earn in-game tokens

New York Times:
Karlie Kloss' Bedford buys Life publication rights from Dotdash Meredith and plans to resume regular print publication in 2025; Josh Kushner will be publisher

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
Mediagazer
 Top news and commentary for media professionals from all around the web
WeSmirch
 The top celebrity news from all around the web on a single page