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11:50 AM ET, August 26, 2011

memeorandum

 Top Items: 
Paul Krugman / New York Times:
Bernanke's Perry Problem  —  As I write this, investors around the world are anxiously awaiting Ben Bernanke's speech at the annual Fed gathering at Jackson Hole, Wyo. They want to know whether Mr. Bernanke, the chairman of the Federal Reserve, will unveil new policies that might lift …
RELATED:
Board of Governors of the Federal Reserve System:
The Near- and Longer-Term Prospects for the U.S. Economy  —  Good morning.  As always, thanks are due to the Federal Reserve Bank of Kansas City for organizing this conference.  This year's topic, long-term economic growth, is indeed pertinent—as has so often been the case at this symposium in past years.
Matthew Yglesias / ThinkProgress:
At Jackson Hole, Bernanke Tells The Nation He'll Deliver High Unemployment For Years  —  As I urged below, I think the most important part of Ben Bernanke's speech today is what it does to shape expectations.  The news isn't good.  Ben Bernanke is telling people not only that the Fed …
CNBC:
Economic Growth Slows to Crawl, GDP Increase at 1%  —  The U.S. economy grew much slower than previously thought in the second quarter as business inventories and exports were less robust, a government report showed on Friday, although consumer spending was revised up.
Alexander Bolton / The Hill:
GOP lawmakers warn Bernanke against QE 3
James Hohmann / The Politico:
Pataki not running-Perry talking with Trump-Romney, Bachmann staying the course-Huntsman's purple tie-Kimball: Never Quit-GOP turning on Palin  —  SCORE EXCLUSIVE - TRUMP TALKING WITH PERRY: Rick Perry has been speaking with Donald Trump by phone since wading into the presidential race, a Trump representative told Morning Score.
RELATED:
Wall Street Journal:
Perry's Popping-Off Problem  —  The Republican candidate comes across well as consistent and sincere, but his quick-draw machismo will scare voters away.  —  Rick Perry this week roared away from the pack.  Gallup had him the party favorite, with 29% of Republicans and Republican-leaning …
Simonhernandezarthur / CNN:
Source: Pataki decides against White House run  —  WASHINGTON (CNN) - Former New York Gov. George Pataki will not run for the Republican presidential nomination, a source close to him told CNN.  —  Pataki, who had been flirting with a White House bid for months, was scheduled to appear …
Marin Cogan / The Politico:
Nikki Haley joins Michele Bachmann town hall
Discussion: CNN and ThinkProgress
Nate Silver / FiveThirtyEight:
A New York Hurricane Could Be a Multibillion-Dollar Catastrophe  —  Time to think about the unthinkable.  What if a major hurricane were to pass close to New York City, as several forecasting models now suggest that Hurricane Irene might?  —  Apart from the inevitable loss of life …
RELATED:
David Brooks / New York Times:
President Rick Perry?  —  A few weeks ago it was possible to believe that Mitt Romney would win the New Hampshire primary and cruise easily to the Republican nomination.  It's harder to see that now.  —  There have been a slew of polls showing Gov. Rick Perry of Texas surging to double-digit national leads.
RELATED:
Ashley Parker / New York Times:
On Trail, Casual Friday Versus Boardroom Cool
Discussion: CNN
Tommy Christopher / Mediaite:
‘Angry’ Mitt Romney ‘Loses His Cool’ With Voter At New Hampshire Town Hall
NY Daily News:
Giant rat killed by pitchfork in Marcy Houses is believed to be Gambian pouched rat  —  It sounds like an urban legend: giant mutant-looking rats roaming a city housing project.  —  Only there's a picture.  —  A photo making the rounds shows Housing Authority worker Jose Rivera minutes …
Steve Benen / Washington Monthly:
When bad governors try bad ideas  —  Florida Gov. Rick Scott (R) came up with an idea he considered pretty clever.  First, he told Floridians that people on welfare were more likely to be drug addicts.  What did Scott base this on?  Nothing in particular — he seemed to just make it up — but Scott was quite fond of the argument.
Discussion: Eschaton
RELATED:
Andrew Orlowski / The Register:
CERN: ‘Climate models will need to be substantially revised’  —  New atomsmasher research into cloud formation  —  CERN's 8,000 scientists may not be able to find the hypothetical Higgs boson, but they have made an important contribution to climate physics, prompting climate models to be revised.
Wall Street Journal:
Health Law Puts Governors in Pickle  —  Texas Gov. Rick Perry, along with a slew of other Republican governors, faces a dilemma: Do they apply for millions of dollars in federal grants by September to begin establishing state-run health insurance exchanges, or let the deadline slide …
Discussion: Washington Post and Healthwatch
RELATED:
San Francisco Chronicle:
Health care measure seeks public option, rollbacks
Discussion: ThinkProgress and Firedoglake
Michael O'Brien / The Hill:
AP poll: More Republicans are satisfied with field of 2012 presidential candidates  —  Most Republicans say they're now satisfied with their choices in presidential candidates, according to an Associated Press-GfK poll released Friday.  —  Sixty-four percent of Republicans …
Discussion: Hot Air
RELATED:
CBS News:
Nigeria U.N. office hit by massive bomb; 16 dead  —  Rescuers lower a United Nations worker wounded in a car-bomb attack at the U.N. Embassy in Abuja, Nigeria, Aug. 26, 2011.  (Twitpic/NEXT)  —  ABUJA, Nigeria - A car laden with explosives rammed through two gates and blew …
RELATED:
New York Times:
Suicide Bomber Attacks U.N. Building in Nigeria
Tim Mak / The Politico:
NLRB OKs new rule, faces new controversy  —  The National Labor Relations Board, already under attack from conservatives concerned about regulatory overreach, is requiring that businesses must post information in the workplace telling employees about their rights to unionize.
Discussion: Weasel Zippers and Balloon Juice
Jerry Hirsch / Los Angeles Times:
Carmakers' rebound is driving jobs in U.S.  —  The industry that once needed bailing out could be the one to stave off recession.  —  Taxpayers bailed out much of the U.S. auto industry.  Now the carmakers might be what saves the nation's economy from falling back into recession.
Jennifer Steinhauer / New York Times:
For Some in G.O.P., a Tax Cut Not Worth Embracing  —  WASHINGTON — It is hard to find a tax cut that Congressional Republicans dislike.  Unless it is a tax cut pushed by President Obama.  —  In a turning of the tax policy tables, Democrats are increasingly hammering on Republicans who oppose …
Discussion: Modeled Behavior and msnbc.com
 
 
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 More Items: 
Eric Felten / Wall Street Journal:
Guitar Frets: Environmental Enforcement Leaves Musicians in Fear
Discussion: Michelle Malkin and Don Surber
Maggie Haberman / The Politico:
George Pataki out of the 2012 running
Discussion: Wall Street Journal
Deborah Solomon / Wall Street Journal:
SEC Bears Down on Fracking
Yves Smith / naked capitalism:
What is Debt? - An Interview with Economic Anthropologist David Graeber
Discussion: Unqualified Offerings
Larry Derfner / Israel Reconsidered:
Apology
Mike Allen / The Politico:
Dick Cheney makes no apologies in memoir
 Earlier Items: 
Chris Moody / Yahoo! News:
‘Joe the Plumber’ may run for Congress: ‘Maybe we need some regular guys in there.’
Discussion: UrbanGrounds, Daily Kos and Salon
Jillian Rayfield / tpmmuckraker.talkingpointsmemo.com:
IN GOPer: I Just Talked About Baseball With The Young Man I Solicited On Craigslist
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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