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4:15 PM ET, September 2, 2011

memeorandum

 Top Items: 
Shaila Dewan / New York Times:
U.S. Showed No Job Growth in August; Rate Stays at 9.1%  —  The economy showed no job growth in August, the first time there has been no increase in net jobs in the United States in 11 months.  —  The flat performance in the job market was down sharply from a revised 85,000 gain of jobs in July …
RELATED:
Matthew Yglesias / ThinkProgress:
The Conservative Recovery Teeters Into Recession  —  Looks like we had 17,000 thousand new private sector jobs in August, which were 100 percent offset by 17,000 lost jobs in the public sector.  —  The striking zero result should galvanize minds, but it's worth noting that this has been the trend all year.
Jeff Cox / CNBC:
Economy Gains No Jobs in August, Rate Holds at 9.1%  —  The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns that the US is heading for another recession.  —  It was the first time since World War II that the economy had a net zero jobs created for a month.
Steve Benen / Washington Monthly:
On the road to the ‘conservative recovery’
Discussion: ThinkProgress and Prairie Weather
Howard Schneider / Washington Post:
Is austerity killing Europe's recovery?
Juliet Eilperin / Washington Post:
Obama pulls back proposed smog standards in victory for business  —  President Obama abruptly pulled back proposed new national smog standards Friday morning, overruling the Environmental Protection Agency's efforts to compel states and communities nationwide to reduce local air pollution in the coming years or face federal penalties.
RELATED:
The White House:
Statement by the President on the Ozone National Ambient Air Quality Standards  —  Over the last two and half years, my administration, under the leadership of EPA Administrator Lisa Jackson, has taken some of the strongest actions since the enactment of the Clean Air Act four decades ago …
John M. Broder / New York Times:
Obama Administration Abandons Plan to Tighten Air-Quality Rules  —  WASHINGTON — The Obama administration is abandoning its plan to immediately tighten air-quality rules nationwide to reduce emissions of smog-causing chemicals after an intense lobbying campaign by industry …
Wall Street Journal:
Obama Asks EPA to Withdraw Proposed Ozone Rule
The Hill:
White House shelves smog rule in huge defeat for green groups
Jeff Gluck / SBNation.com:
Five NASCAR Drivers Decline President Obama's White House Invitation  —  President Barack Obama will honor NASCAR champion Jimmie Johnson and the 11 other Chase drivers from last year in a White House ceremony on Wednesday - but nearly half of the 2010 playoff contenders won't be there.
RELATED:
New York Post:
The White House mess  —  We will little note nor long remember Wednesday's breathless kerfuffle, with the White House deciding to schedule a speech in front of a joint session of Congress without actually asking Congress first — and planning for it during a long-planned Republican debate.
Richard A. Serrano / Los Angeles Times:
White House received emails about Fast and Furious gun-trafficking operation  —  Three national security officials were given some details about the operation.  But an administration official says the emails do not prove that anyone in the White House was aware of the covert tactics of the program.
John Fund / NewsMax.com:
Why Sarah Palin Is Not Running  —  More ways to share...  Mixx  —  Stumbled  —  LinkedIn  —  Vine  —  Buzzflash  —  Newstrust  —  Technocrati  —  Forward Article  —  Sarah Palin will swoop into Iowa and New Hampshire to speak at tea party rallies this Labor Day weekend …
RELATED:
Peter Hamby / CNN:
Palin will up the ante but not announce run in Iowa speech
Nelson D. Schwartz / New York Times:
U.S. Is Set to Sue a Dozen Big Banks Over Mortgages  —  The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold …
Rich Lowry / National Review:
Obama's Enron  —  Bush was flayed for Enron.  Where does that put Obama and his green-energy pet?  —  We have seen the future, and it went bankrupt.  —  If the praises of high-ranking Obama-administration officials were a viable business plan, the solar-panel maker Solyndra would be an industrial juggernaut.
RELATED:
ABCNEWS:
Investigators Probe White House Role in Massive Energy Loan
Discussion: iWatch News and The Crawdad Hole
Lisa Rein / Washington Post:
Undocumented workers got billions from IRS in tax credits, audit finds  —  The Internal Revenue Service allowed undocumented workers to collect $4.2 billion in refundable tax credits last year, a new audit says, almost quadruple the sum five years ago.  —  Although undocumented workers …
Kevin G. Hall / McClatchy Washington Bureau:
Regulations, taxes aren't killing small business, owners say  —  WASHINGTON — Politicians and business groups often blame excessive regulation and fear of higher taxes for tepid hiring in the economy.  However, little evidence of that emerged when McClatchy canvassed a random sample of small business owners across the nation.
Amy Sullivan / Swampland:
Articles of Faith: What Journalists Should Be Asking Politicians About Religion  —  A few weeks ago, I opened up my Twitter feed early in the morning and immediately wondered if I was being punk'd.  Instead of the usual horse race speculation, my colleagues in the political press corps …
Discussion: American Spectator
Magellan Strategies:
Nevada 2012 Republican Presidential Caucus Survey (9/2/11)  —  Magellan Strategies today released the results of an autodial survey of 631 likely 2012 Nevada Republican Presidential caucus attendees.  The survey finds Rick Perry leading Mitt Romney by 5 points.
RELATED:
Danny Yadron / Washington Wire:
Border Attack: Romney Hits Perry on Immigration
Paul Krugman / New York Times:
Eric and Irene  —  “Have you left no sense of decency?”  That's the question Joseph Welch famously asked Joseph McCarthy, as the red-baiting demagogue tried to ruin yet another innocent citizen.  And these days, it's the question I find myself wanting to ask Eric Cantor, the House majority leader …
Barney Frank / Washington Post:
The Senate refuses to consider Obama nominees  —  Once upon a time, we could have expected the following sequence: After considerable debate, Congress would have passed a bill creating an agency.  The president would then nominate someone to head that agency.  That nomination would be considered on its merits by the Senate.
Gary S. Becker / Wall Street Journal:
The Great Recession and Government Failure  —  When comparing the performance of markets to government, markets look pretty darn good.  —  The origins of the financial crisis and the Great Recession are widely attributed to “market failure.”  This refers primarily to the bad loans …
Steve Benen / Washington Monthly:
Take the chain-emails away from Perry  —  Most folks probably have some conservative friend or relative who sends right-wing chain emails their way.  Hopefully, people know the vast majority of these political myths and urban legends are nonsense.  —  But Republican presidential hopeful Rick Perry seems …
Steve Benen / Washington Monthly:
GOP leaders stop taking credit for job data  —  When the jobs reports were looking quite good in the early spring, Republican leaders were eager to take credit for the positive numbers they had nothing to do with.  After all, as far as GOP officials were concerned, their mere presence …
Discussion: Daily Kos and Smartypants
WhyIhateCca / Firedoglake:
Florida Sheriff Saves $1 Million Over CCA by De-Privatizing Jail  —  Sheriff Michael Page of Hernando County, Florida, is the latest in a line of Sheriffs to inherit the headache that is the county jail.  After being operated by CCA for 22 years, the facility had fallen into exceptional disrepair …
 
 
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 More Items: 
Jeffrey T. Kuhner / Washington Times:
Martin Luther King Jr.'s mixed legacy
Discussion: Right Wing Watch and alicublog
Josh Halliday / Guardian:
Rupert Murdoch receives $12.5m bonus
Fox News:
Evidence Suggests Cover-Up in ATF Scandal, as More Guns Appear at Crime Scenes
Shira Schoenberg / Boston Globe:
Republican Party leader in N.H. quits
Greg Miller / Washington Post:
CIA shifts focus to killing targets
Discussion: Weasel Zippers and TalkLeft
CNN:
TRENDING: FreedomWorks CEO slams Romney event: ‘This is a photo op’
Discussion: Iowa Caucuses
 Earlier Items: 
Dan Fitzpatrick / Wall Street Journal:
Fresh Scrutiny of BofA
Carlos Lozano / L.A. NOW:
College professor allegedly led motorcycle gang, drug ring [updated]
Brendan O'Neill / blogs.telegraph.co.uk:
There is something very ugly about this attempt to ghettoise Israeli musicians
Alicia M. Cohn / The Hill:
Dem ‘plans to ask a Republican to sit with him’ at joint session
Wall Street Journal:
Huntsman's Good Economic Plan
Discussion: CNN and The Volokh Conspiracy
CNN:
CNN Poll: 8 in 10 think we're in a recession
Discussion: The Politico, TPMDC, Hot Air and Shakesville
 

 
From Mediagazer:

Ashley Capoot / CNBC:
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP is up 20%+ after hours

Jennifer Maas / Variety:
Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023

Katie Robertson / @katie_robertson:
Internal memo: G/O Media sells The Onion to a new Chicago-based firm, Global Tetrahedron, which promises to keep The Onion's staff intact and in Chicago

 
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