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10:05 AM ET, May 11, 2012

memeorandum

 Top Items: 
ABCNEWS:
Sister of Alleged Romney Target Has ‘No Knowledge’ of Any Bullying Incident  —  The older sister of Mitt Romney's former high school classmate said she has no knowledge of any bullying incident involving her brother and the GOP presidential candidate.  —  Christine Lauber of South Bend …
RELATED:
ABCNEWS:
Former Romney Classmate Describes ‘Bullying Supreme’ - A ‘Pack of Dogs’ Who Targeted ‘Different’ Boy  —  A high school classmate of presidential candidate Mitt Romney told ABC News today that he considers a particular prank the two pulled at Michigan's Cranbrook School to be “assault and battery” …
Emily Friedman / ABCNEWS:
Romney Camp on Defense Over ‘Pranks’
Washington Post:
Mitt Romney's prep school classmates recall pranks, but also troubling incidents
Allahpundit / Hot Air:
Source for WaPo's Romney hit piece: Actually, I wasn't present during the prank
Jeff Mason / Reuters:
Obama talks gay rights at Clooney fundraiser  —  * Guest list includes Salma Hayek, Tobey Maguire, Jack Black  —  * Dave Matthews performs at one of two Seattle fundraisers (adds quotes from Obama)  —  President Barack Obama called his endorsement of same-sex marriage a “logical extension” …
RELATED:
New York Times:
Biden Said to Apologize to Obama Over Gay Marriage Issue  —  WASHINGTON — A few hours before President Obama offered his historic endorsement of same-sex marriage on Wednesday, Vice President Joseph R. Biden Jr. apologized to the president in the Oval Office for forcing Mr. Obama's hand …
Bristol Palin:
Hail to the Chiefs - Malia and Sasha Obama  —  Is anyone really surprised by the fact that President Obama came out of the closet for gay marriage?  What was most surprising is when he explained how his position (supposedly) “evolved,” by talking to his wife and daughters: … Let's pause for just one second.
Jackie Calmes / The Caucus:
Obama Raises a Record $15 Million at Clooney Fund-Raiser
Discussion: New York Magazine and Deadline.com
Washington Post:
For Obama, gay marriage stance born of a long evolution
Discussion: New York Magazine
Aliyah Shahid / NY Daily News:
Bristol Palin rips President Obama for listening to daughters Malia, Sasha on supporting gay marriage
Dan Eggen / Washington Post:
Obama's gay marriage announcement followed by flood of campaign donations
Mike Dorning / Bloomberg:
Biden Said to Apologize to Obama for Gay Marriage Remarks
Carl Campanile / New York Post:
Bill blockbuster: O's an ‘amateur’  —  Bill Clinton thought so little of President Obama — mocking him as an “amateur” — that he pressed his wife last summer to quit her job as secretary of state and challenge him in the primaries, a new book claims,  —  “The country needs you!” …
Felix Salmon:
JP Morgan: When basis trades blow up  —  I'm not sure if it was the biggest quarterly loss of all time, but Merrill Lynch's $16 billion loss in the fourth quarter of 2008 certainly ranks very high up there in the annals of investment-bank blowups.  It happened after the bank had already …
RELATED:
Wall Street Journal:
J.P. Morgan's $2 Billion Blunder
Discussion: DealBook and Deal Journal
David Benoit / Deal Journal:
J.P. Morgan Reveals 'London Whale'-Size Losses
Discussion: naked capitalism and Hullabaloo
Elizabeth Mendes / Gallup:
Voters Give Romney Slight Edge Over Obama on Economy  —  Republicans more negative about Obama than Democrats are about Romney  —  WASHINGTON, D.C. — Registered voters are more likely to say Mitt Romney, if elected president, would do a very good or good job of handling the economy …
Discussion: GOP 12
RELATED:
Associated Press:
Poll shows Americans' pessimism on economy growing
Paul Krugman / New York Times:
Easy Useless Economics  —  A few days ago, I read an authoritative-sounding paper in The American Economic Review, one of the leading journals in the field, arguing at length that the nation's high unemployment rate had deep structural roots and wasn't amenable to any quick solution.
Discussion: FT Alphaville and Daily Kos
News: News blog:
Rebekah Brooks at the Leveson inquiry - live coverage  —  • May have discussed hacking story with Met's John Yates  —  • News Corp lobbyist's email says Hunt asked him for advice  —  • Brooks discussed News Corp bid over dinner with Osborne  —  • Discussed hacking allegations with Cameron in 2009-11
Jeff Bercovici / Mixed Media:
Will Time's Breastfeeding Cover Be Bad For Business?  —  Time's new cover.  Click to expand.  —  It's safe to say the folks at Time magazine weren't caught unawares by the controversy already boiling up around their latest cover, which features an attractive 26-year-old mother breastfeeding her almost-four-year-old son.
Frank Newport / Gallup:
Americans Like Having a Rich Class, as They Did 22 Years Ago  —  Most Americans would also like to be rich  —  PRINCETON, NJ — Despite the recent political emphasis on wealth inequality and the call for higher taxes on the rich, more than six in 10 Americans think the United States benefits …
Discussion: Politico
Tina Daunt / Hollywood Reporter:
Clooney, Entertainment Industry VIPs Fête Obama at Record-Breaking Fundraiser  —  The president cracked Hope poster jokes on the actor's Studio City basketball court as guests ranging from Barbra Streisand to Robert Downey Jr. dined at $40k a seat.  —  Whether your notion of celebrity runs …
Tim Mak / Reuters:
Bachmann: Swiss miss no more  —  Michele Bachmann no longer wants to be a Swiss miss.  —  The Minnesota congresswoman asked the Swiss government Thursday to withdraw her citizenship, saying she wanted to make it clear that she was a proud U.S. citizen.  —  “Today I sent a letter …
James Taranto / Wall Street Journal:
Why Obama Flipped  —  Victory has a thousand fathers, but defeat has two mommies.  —  Last night brought an email from Barack Obama with the subject line “Marriage.”  It began: “James—Today, I was asked a direct question and gave a direct answer.”  What drove Obama to do something so wildly out of character?
Noah Bierman / Boston Globe:
Records shed more light on Elizabeth Warren's minority status  —  A second law school, the University of Pennsylvania, has touted Elizabeth Warren as a minority faculty member in an official school publication, according to an online document obtained by the Globe.
Alex Pareene / Salon:
Jonah Goldberg's desperation  —  The National Review hack is a unique figure: Striving for seriousness, but too lazy to achieve it … Jonah Goldberg is a syndicated columnist, author of books and National Review Online editor because his mother nearly took down Bill Clinton.
Discussion: TBogg and Balloon Juice
Mike Dorning / Bloomberg:
Obama Winning Investors by 49%-38% Against Romney in Poll  —  Global investors increasingly prefer President Barack Obama to Republican challenger Mitt Romney and most say they believe the incumbent will remain in the White House for another four years.  —  Asked who would be the better leader …
Discussion: ABCNEWS and Washington Wire
Ian Millhiser / ThinkProgress:
Ten Most Disturbing Anti-Latino Practices Described By DOJ's Lawsuit Against Sheriff Joe Arpaio  —  Earlier today, the Department of Justice filed a formal legal complaint against Sheriff Joe Arpaio and the Maricopa County Sheriff's Office (MCSO) alleging widespread constitutional violations and lawless mistreatment of Latinos.
 
 
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 More Items: 
Michael McAuliff / The Huffington Post:
House Votes To Cut Census Survey Done Since Thomas Jefferson
Herndon Graddick / The Huffington Post:
CNN Obama Statement Coverage Fails With Tony Perkins
Discussion: ThinkProgress
Kyung M. Song / Seattle Times:
All 6 Wash. congressional Democrats favor repeal of gay-marriage ban
Discussion: Mediaite and Outside the Beltway
Dylan Byers / Politico:
Obama courts new foreign policy crowd
BuzzFeed:
Prominent Ron Paul Supporter Muses About Assassinating Mitt Romney
Ariel Edwards-Levy / The Huffington Post:
Franklin Graham: Barack Obama Has ‘Shaken His Fist’ At God With Support For Same-Sex Marriage
 Earlier Items: 
BuzzFeed:
Obama: “Sometimes I Forget” The Magnitude Of The Recession
David Rogers / Politico:
GOP leaves debt accord in dust
Discussion: Firedoglake
Ed Kilgore / Washington Monthly:
Abraham Mourdock Confronts the Lucky Duckies
Andrew Sullivan / The Daily Dish:
The Tide Turns