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3:25 PM ET, January 4, 2012

memeorandum

 Top Items: 
Erick Erickson / Erick's blog:
Everything You Heard Last Night Was Bull, Perry Might Want to Stay In, & a Newtlear Attack  —  As you wake up this morning, Rick Santorum only lost to Mitt Romney by 8 votes.  Santorum spent about a dollar per vote and Romney spent hundreds of dollars for his votes.
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Nate Silver / FiveThirtyEight:
Winning Ugly, but Winning  —  I don't care if you call it a win or a tie.  In Iowa on Tuesday, Mitt Romney had a performance that looks ugly on the stat sheet , but which accomplished quite a bit when you consider it in its broader context.  —  The two most important things that Mr. Romney accomplished are as follows:
Ron Fournier / NationalJournal.com:
Bachmann Ends Presidential Run — Source  —  Rep. Michele Bachmann is suspending her presidential campaign, said a senior Republican official with direct knowledge of the lawmaker's plans.  The official, who spoke on condition of anonymity, said the Minnesota lawmaker, a favorite …
Jonathan Martin / The Politico:
Conservative elites to huddle  —  A group of movement conservatives has called an emergency meeting in Texas next weekend to find a “consensus” Republican presidential hopeful, POLITICO has learned.  —  “You and your spouse are cordially invited to a private meeting with national conservative leaders …
Discussion: ThinkProgress and Ballot Box
Grace Wyler / Business Insider:
Ron Paul May Have Secretly Won The Iowa Caucuses  —  DES MOINES — Ron Paul may have officially come in third tonight, but if the campaign's caucus strategy went off as planned, then Paul may actually be the real winner of the first Republican voting contest.
Jeff Zeleny / New York Times:
Romney Wins Iowa Caucus by 8 Votes  —  “Onto New Hampshire, let's get that job done!”  Mitt Romney told supporters before being declared the winner.  More Photos »  —  DES MOINES — Mitt Romney's quest to swiftly lock down the Republican presidential nomination with a commanding finish …
Russell Goldman / ABCNEWS:
Michele Bachmann Drops Out of Presidential Race  —  Rep. Michele Bachmann will “suspend her campaign,” a senior campaign official told ABC News today, hours after placing last in the Iowa caucuses and vowing to continue in South Carolina.  —  Bachmann cancelled plans to travel to South Carolina …
David Corn / MoJo Articles:
Newt the Destroyer  —  Gingrich is now on a single-minded mission to detonate Mitt Romney's presidential prospects.  Will he blow up the GOP in the process?  —  Newt Gingrich has finally reached his destiny: destroyer of the GOP.  —  In a bitter and spiteful concession speech last night in Iowa …
Discussion: CNN and Indecision Forever
Kevinliptak / CNN:
Bachmann ends GOP presidential bid  —  (CNN) - Michele Bachmann ended her bid for the Republican presidential nomination Wednesday, hours after a disappointing sixth-place finish in the Iowa caucuses.  —  The Minnesota congresswoman suspended her campaign, a legal technicality that will allow …
David Weigel / Slate:
Rickrolled: Three Lessons from Iowa … - Is the Virginia Law Keeping Perry and Gingrich Off the Ballot Constitutional?  — The Real Threat to Marriage Isn't Gay Marriage—It's Straight Civil Unions  — The App That Keeps You Going to the Gym by Charging You Money When You Don't
BuzzFeed:
McCain To Endorse Romney Tomorrow  —  The 2008 Republican nominee will endorse his former rival in New Hampshire, a source tells BuzzFeed.  The move will give Romney some high-profile good news after a close and ambiguous finish in Iowa.  —  (Getty Images / Mark Wilson)
Jason Embry / Austin American-Statesman:
Perry stays in presidential race, says it 'wasn't a hard decision'  —  Gov. Rick Perry said today he will continue his presidential campaign despite a fifth-place showing in the Tuesday Iowa caucuses and serious questions about whether he can continue.  “I re-assessed,” Perry said as he left …
The Politico:
Perry: ‘Here we come, South Carolina!’ (Updated)
Discussion: GOP 12, Hit & Run and LifeNews.com
Paul Begala / The Daily Beast:
Iowa Results Show Romney's Weakness Even Against GOP ‘Unelectables’
Discussion: CANNONFIRE and Saint Petersblog
Rush Limbaugh:
This Race is Far From Over  —  RUSH: I can't tell you the number …
Catalina Camia / USA Today:
Perry tweets: ‘Here we come South Carolina’
msnbc.com:
First Thoughts: What we learned from last night
Bill / Pundits Blog:
Obama wins Iowa — without even campaigning!
Discussion: The Politico
Helene Cooper / New York Times:
Democrats Target Romney After Iowa Win
Discussion: Political Mojo, Truthdig and The Caucus
Scott Johnson / Power Line:
A weak frontrunner
Discussion: Weekly Standard and Vodkapundit
William A. Jacobson / Le·gal In·sur·rec· tion:
Rick Perry not suspending campaign, going to South Carolina (Reader poll added)
Associated Press:
AP sources: Obama bucks GOP, OKs consumer watchdog  —  WASHINGTON (AP) — In a defiant display of executive power, President Barack Obama on Wednesday will buck GOP opposition and name Richard Cordray as the nation's chief consumer watchdog even though the Senate contends the move is inappropriate …
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Dan Pfeiffer / White House.gov Blog:
America's Consumer Watchdog  —  Today the President will appoint Richard Cordray to lead the Consumer Financial Protection Bureau.  He has one important job: look out for the best interest of American consumers.  He'll work on behalf of millions of families across the nation to ensure they're …
Peter Schroeder / The Hill:
GOP blasts Obama for ‘unprecedented power grab’ with appointment  —  Republican leaders in the House and Senate are blasting President Obama's move to recess-appoint a key nominee as an “unprecedented power grab.”  —  Minority Leader Mitch McConnell (R-Ky.) said the president …
Peter Schroeder / The Hill:
Reid backs Obama after using pro forma sessions to block Bush  —  Senate Majority Leader Harry Reid (D-Nev.), who previously held pro forma sessions to block recess appointments by President George W. Bush, said Wednesday he supported President Obama's decision to ignore those sessions to push through one of his key nominees.
Discussion: Mediaite and Weasel Zippers
Donovan Slack / The Politico:
Boehner: Richard Cordray appointment ‘unprecedented power grab’ by Obama
Discussion: Daily Kos and Balloon Juice
Kevinliptak / CNN:
Army soldier rallying for Paul violated military ban on political activity  —  (CNN) - Ron Paul spent Tuesday heralding his support among members of the military, but one active-duty supporter may be in trouble after lauding Paul on stage while wearing his Army uniform.
RELATED:
Andrew Garber / Seattle Times:
Gregoire proposes legislation to legalize gay marriage  —  Gov. Chris Gregoire on Wednesday said she'll put forward legislation to legalize marriage for gay and lesbian couples.  —  The proposal will be introduced during the legislative session that starts Monday.
Vanity Fair:
The Meaning of Mitt  —  Mitt Romney has long been a front-runner for the G.O.P. nomination—even if no one really knows who he is.  Digging into the candidate's record as a Mormon leader, his business deals at Bain Capital, and that infamous car trip with the family dog strapped to the roof …
David Harsanyi / TheBlaze.com:
Santorum: Conservative Technocrat  —  Rick Santorum, like most Republican candidates, fashions himself the one true conservative running in 2012.  If the thought of big, intrusive liberal government offends you, he might just be your man.  And if you favor a big, intrusive Republican government, he's unquestionably your candidate.
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 More Items: 
Richard Cordray / The Huffington Post:
Standing Up for Consumers
Discussion: The Politico
Vanessa De La Torre / Hartford Courant:
Archdiocese Planning To Offer Pro-Abstinence Group For Gays, Lesbians
Peter F. Vallone Jr / New York Post:
Our misfiring gun laws
Discussion: Instapundit
Daniel J. Mitchell / Wall Street Journal:
Will Republicans Hand the Left a VAT Victory?
 Earlier Items: 
Investor's Business Daily:
The Great Golden State Business Exodus
Clive Crook / Bloomberg:
A Crisis of Leadership, Not a Crisis of Capitalism: Clive Crook
New York Times:
Bring Back Boring Banks
RealClearPolitics Video Log:
Michelle Obama Jokes: “I Kind Of Like” Being Called “Your Excellency”