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1:50 PM ET, August 14, 2011

memeorandum

 Top Items: 
The Caucus:
Pawlenty Drops Out of Republican Race  —  Former Gov. Tim Pawlenty of Minnesota, left, at Thursday's debate in Ames, Iowa, with Jon M. Huntsman Jr. and Newt Gingrich.  —  DES MOINES — Tim Pawlenty, the former governor of Minnesota, dropped his bid for the Republican nomination for president …
RELATED:
Political Punch:
Pawlenty Drops Out of Presidential Race After Disappointing Straw Poll Finish  —  Former Minnesota Governor Tim Pawlenty is dropping out of the Republican presidential contest, after a disappointing third place finish in the Iowa Straw Poll yesterday.  —  “We needed to get some lift to continue …
Ben Smith / Ben Smith's Blog:
So much for Sam's Club  —  The departure of Tim Pawlenty this morning won't have a major impact on a race that had already taken shape without him — that's why he dropped out.  —  The move makes clear that Texas Gov. Rick Perry has fully seized the space Pawlenty sought to occupy, of the established conservative alternative.
Discussion: The Daily Dish
Catalina Camia / USA Today:
Tim Pawlenty ends presidential campaign  —  Former Minnesota governor Tim Pawlenty said today he will end his campaign for the GOP presidential nomination.  —  Pawlenty informed his supporters in a conference call and then announced his decision on ABC's This Week.
Juana Summers / The Politico:
Former rivals praise Tim Pawlenty as he exits  —  The Republican presidential candidates responded to Tim Pawlenty's decision to drop out after his distant third finish at Ames with kind words for the former Minnesota governor.  —  “I wish Governor Pawlenty the best.
Discussion: CNN and The Caucus
Meghashyam Mali / The Hill:
Bachmann says she can win independents in general election
Discussion: Washington Monthly
Chris Cillizza / Washington Post:
Michele Bachmann wins the Ames Straw Poll
Jon Ward / The Huffington Post:   Ames Win Positions Michele Bachmann As Rick Perry's Top Obstacle To Be Anti-Romney (VIDEO)
Michael D. Shear / The Caucus:
Bachmann Wins Iowa Straw Poll
Ramesh Ponnuru / Bloomberg:
Bachmann Wins Iowa, For Now: The Ticker
CNN:
Minnesota Rep. Michele Bachmann wins Iowa straw poll
Fox News:
Perry Makes It Official: He's Running for President
New York Times:
White House Debates Fight on Economy  —  WASHINGTON — As the economy worsens, President Obama and his senior aides are considering whether to adopt a more combative approach on economic issues, seeking to highlight substantive differences with Republicans in Congress and on the campaign trail rather …
RELATED:
Calculated Risk:
White House Debates Doing Little or Nothing  —  This is depressing ...from the NY Times: White House Debates Fight on Economy … Tax incentives are the “bigger idea”?  It sounds like the debate is between doing nothing and doing very little.  —  If I arrived on the scene today …
Mark Thoma / Economist's View:
White House Debates Giving Up on Helping the Economy  —  The administration hasn't figured out that it's supposed to lead — that sometimes it's supposed to move public opinion instead of following it: … Apparently one of the things holding up a push to put people back to work is worries …
Thomas L. Friedman / New York Times:
A Theory of Everything (Sort of)  —  LONDON burns.  The Arab Spring triggers popular rebellions against autocrats across the Arab world.  The Israeli Summer brings 250,000 Israelis into the streets, protesting the lack of affordable housing and the way their country is now dominated by an oligopoly of crony capitalists.
Discussion: Hullabaloo
Charles Dameron / Wall Street Journal:
Rick Perry's Crony Capitalism Problem  —  The presidential candidate's signature economic development initiative has raised questions among conservatives.  —  Gov. Rick Perry's presidential pitch goes something like this: During one of the worst recessions in American history, he's kept his state “open for business.”
Discussion: Riehl World View
Mike Lillis / The Hill:
Clyburn hopes to use supercommittee post to tackle wealth gap  —  A leading House Democrat is hoping to use his prestigious seat on the deficit-cutting supercommittee to close the growing gully that divides the rich and the poor in America.  —  Rep. James Clyburn (S.C.) …
Davidswanson / War Is A Crime .org:
California Democratic Party May Dump Its Progressive Caucus for Proposing a Primary Challenge to Obama  —  On July 30th the Progressive Caucus of the California Democratic Party passed a resolution proposing that a primary challenge be offered to Obama next year.
Discussion: naked capitalism and Corrente
Molly Ball / The Politico:
Rick Perry's presidential run reorders 2012 landscape  —  CHARLESTON, S.C. - It sounds like a political fairy tale: Months of campaigning by nearly a dozen candidates have left Republicans restless and worried.  No one quite fits the bill.  Less than six months remain before the primaries.
RELATED:
Perry Bacon Jr / Washington Post:
Rick Perry announces he will join 2012 presidential field to challenge President Obama
 
 
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 More Items: 
Michael O'Brien / The Hill:
Bachmann sidesteps gay rights questions
Discussion: Towleroad News #gay
George F. Will / Washington Post:
JFK's Berlin blunder
CNN:
CNN/ORC Poll: Dem support for Obama's re-election fades
Christina D. Romer / New York Times:
The Hope That Flows From History
Discussion: ThinkProgress
 Earlier Items: 
Deborah Netburn / Los Angeles Times:
Virginia school district bans Sherlock Holmes book
Neal Gabler / New York Times:
The Elusive Big Idea
Discussion: Jared Bernstein and Daily Kos
JSOnline:
Prosser's recount got ample funding
Discussion: Associated Press
Steven Hayward / Power Line:
Heading for Jimmy Territory?