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11:40 AM ET, January 13, 2012

memeorandum

 Top Items: 
Glenn Kessler / Washington Post:
Four Pinocchios for ‘King of Bain’  —  Your Browser DoesNot Support IFrames. … — Voice-over from “King of Bain” video promoted by a pro-Newt Gingrich super PAC, “Winning Our Future.”  —  Newt Gingrich, meet Michael Moore!  —  The 29-minute video “King of Bain” is such an over-the-top assault …
RELATED:
msnbc.com:
First Thoughts: Best of times (and worst of times) for Romney  —  NBC's David Gregory talks to TODAY's Matt Lauer about whether fierce attacks on Republican presidential frontrunner Mitt Romney will backfire against his rivals or stop what seems to be Romney's inevitable march to the nomination.
John Hinderaker / Power Line:
What Really Happened In Gaffney?  —  The Left is carrying out a coordinated attack on Mitt Romney's business career.  One sees exactly the same allegations, often phrased identically, whether you look at the Daily Kos, the Associated Press, Slate or Think Progress, or listen to Newt Gingrich or Rick Perry.
Toni Sandys / ABCNEWS:
Rick Perry Lists 3 Departments He'd Cut, But Adds One, Misses Another  —  BLUFFTON, S.C. - Oops he did it again.  When asked to name and provide the number of federal departments he'd eliminate as president, Texas Gov. Rick Perry managed to list three, but they weren't the three agencies …
Ashley Parker / The Caucus:
New Romney Ad Defends Candidate's Record at Bain  —  GREENVILLE, S.C. — Mitt Romney's campaign plans to release its latest television ad in South Carolina Friday, geared to combat the growing attacks — from both Republicans and Democrats — on Mr. Romney's career at Bain Capital as a corporate buyout specialist.
Matea Gold / Los Angeles Times:
Mitt Romney no stranger to tax breaks, subsidies  —  Bain Capital profited from a steel company that got them, and he used them to attract business when he governed Massachusetts  —  A Steel Dynamics plant in Butler, Ind. Bain Capital, the former private equity firm of Mitt Romney …
Judd Legum / ThinkProgress:
Oops, He Did It Again: Perry Forgets The Three Federal Agencies He Wants To Abolish  —  During a November debate, Rick Perry inexplicably forgot the name of the third federal agency he wants to eliminate.  He struggled for cringe-inducing 53 seconds, before acknowledging that he couldn't remember with an infamous “oops.”
Andrew Sullivan / The Daily Dish:
Yes, Romney Could Lose  —  [Reposted from earlier yesterday.]  —  I just watched the Bain documentary featured below and being broadcast throughout South Carolina by Newt Gingrich's SuperPac in full.  It's loaded with out-of-context quotes and heavily biased; it focuses on the specific human suffering …
Eamon Javers / CNBC:
Romney's Former Firm Bain Advised Obama on Auto Bailout  —  Mitt Romney told CNBC Wednesday that he's happy to have a debate about private equity alleged role in killing American jobs — because President Obama also forced companies to shed jobs at car dealerships during the auto bailout.
Anjeanette Damon / Las Vegas Sun:
Sheldon Adelson distancing himself from documentary attacking Mitt Romney
William Galston / The New Republic:
Why Romney's Bain Problem Could Kill His Candidacy
ABCNEWS:
Mitt Romney and Bain: How to Unite the Conservative Base with One Easy Attack
Binyamin Appelbaum / New York Times:
Inside the Fed in 2006: A Coming Crisis, and Banter  —  WASHINGTON — As the housing bubble entered its waning hours in 2006, top Federal Reserve officials marveled at the desperate antics of home builders seeking to lure buyers.  —  The officials laughed about the cars that builders …
RELATED:
Steve Liesman / CNBC:
Fed to Weigh Further Easing Amid Doubts About Recovery
Discussion: Weasel Zippers
Zachary A. Goldfarb / Washington Post:
Fed's image tarnished by newly released documents
Discussion: Hot Air and Economist's View
Kevinliptak / CNN:
Colbert for president (again)  —  (CNN) - Faux-news host and comedian Stephen Colbert announced Thursday night he was launching his second run for president in South Carolina.  —  “I'm proud to announce I plan to form an exploratory committee to lay the groundwork for my candidacy …
RELATED:
Arthur S. Brisbane / The Public Editor's Journal:
Update to my Previous Post on Truth Vigilantes  —  I have appended a note statement from Jill Abramson, the executive editor, responding to this post.  —  First, though, I must lament that “truth vigilante” generated way more heat than light.  A large majority of respondents weighed in with …
RELATED:
Jim Romenesko:
NYT public editor on reaction to Truth Vigilante post
Ben Feller / Associated Press:
APNewsBreak: Obama seeks power to merge agencies  —  WASHINGTON (AP) - President Barack Obama will ask Congress on Friday for greater power to shrink the federal government, and his first idea is merging six sprawling trade and commerce agencies whose overlapping programs can be baffling to businesses …
RELATED:
David Nakamura / Washington Post:
Obama to propose combining agencies to shrink federal government
Discussion: Daily Kos and The Hill
New York Times:
U.S. Warns Top Iran Leader Not to Shut Strait of Hormuz  —  WASHINGTON — The Obama administration is relying on a secret channel of communication to warn Iran's supreme leader, Ayatollah Ali Khamenei, that closing the Strait of Hormuz is a “red line” that would provoke an American response …
Buzzfeed Politics / Politics:
Book Depicts Cranky Obama On Baghdad Visit  —  The then-candidate “didn't want to take pictures with any more soldiers.  —  President Obama at a recent Pentagon briefing.  —  (Getty Images / SAUL LOEB)  —  Michael Hastings' new book, The Operators, jabs at what could be a vulnerable spot …
Chris Rawson / TUAW:
Most of Apple's $82 billion cash stockpile is ‘trapped’ overseas  —  Apple may have enough cash on hand to make Scrooge McDuck's money vault look like a kiddie pool by comparison, but according to SeekingAlpha, most of that cash is effectively trapped overseas.
Mark Meckler / Across The Fence With Mark Meckler:
NYC Gun Charges Dropped.  Now I Can Speak Out.  —  On December 15, 2011 at approximately 5:15 a.m., I was at LaGuardia International airport preparing to check in for a flight out of the city.  During a routine check-in, I requested a firearms declaration form from the ticket agent.
Paul Krugman / New York Times:
America Isn't a Corporation  —  “And greed — you mark my words — will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A.”  —  That's how the fictional Gordon Gekko finished his famous “Greed is good” speech in the 1987 film “Wall Street.”
Discussion: Campaign 2012 and Prairie Weather
 
 
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 More Items: 
Tim Mak / Reuters:
Chris Christie praises Obama political skills
Discussion: Associated Press
Tim Mak / The Politico:
Rudy Giuliani : Newt Gingrich acting like Saul Alinsky
Discussion: The Spectacle Blog
Mark Oppenheimer / New York Times:
The Heights, a Catholic School, Draws Beltway Conservatives
John Agar / MLive.com:
Former GVSU student Derek Copp's lawsuit against Ottawa County settled for $144,000
Discussion: Associated Press and The Agitator
John Merline / Investor's Business Daily:
Nearly 1 Million Workers Vanished Under Obama
Discussion: Weasel Zippers and Instapundit
Cameron Langford / Courthouse News Service:
Investors Say Supply Sider Arthur Laffer Backed a Ponzi
Discussion: Mercury Rising
Scott Wong / The Politico:
Rand Paul returns $500K in office budget to Treasury
Discussion: Big Government
 Earlier Items: 
Ed O'Keefe / Washington Post:
Congressional wildfire ‘office pool’ angers firefighters
Wall Street Journal:
Bank of America Ponders Retreat
Keith Laing / The Hill:
TSA collected $400,000 in spare change left by passengers in airports in 2011
Ivan Oransky, MD / Reuters:
Red wine-heart research slammed with fraud charges
Amie Parnes / The Hill:
Some expected more from team Obama's fundraising haul
Discussion: CNN