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4:55 PM ET, May 14, 2012

memeorandum

 Top Items: 
CNN:
Group's new ad pegs Obama to Wall Street  —  (CNN) - A conservative non-profit will spend $3.4 million to tie President Barack Obama to the financial industry in a minute-long television ad airing in seven general election battlegrounds, the group said Monday.
RELATED:
Paul Krugman / New York Times:
Why We Regulate  —  One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don't know how to run our own banks!” he exclaims.
Ben White / Politico:
Obama's Wall Street problem  —  The giant $2 billion trading loss at JPMorgan Chase highlights a central problem in President Barack Obama's case for a second term: Four years after the financial crisis nearly brought the nation to its knees, very little appears to have changed.
Meghashyam Mali / The Hill:
Warren calls for Dimon to step down as New York Fed bank director
Bloomberg:
Romney Vowing Dodd-Frank Repeal Hits JPMorgan Risky Trades (Update 1)
Discussion: The Hill and ABCNEWS
Lydia Saad / Gallup:
U.S. Acceptance of Gay/Lesbian Relations Is the New Normal  —  For third year, majority says gay/lesbian relations are morally acceptable  —  PRINCETON, NJ — The slight majority of American adults, 54%, consider gay or lesbian relations morally acceptable.
RELATED:
CBS News:
Poll: Most Americans support same-sex unions  —  CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto.  —  A new CBS News/New York Times Poll shows a solid majority of Americans support legal recognition for same-sex couples …
Ann Althouse / Althouse:
Why Republicans should resist using the same-sex marriage issue against Obama.
Discussion: Washington Monthly and GayPatriot
Associated Press:
RI governor signs order to recognize same-sex marriages performed out of state
Alexander Burns / Politico:
Obama's Bain ad: ‘Like watching an old friend bleed to death’ (Updated)  —  The Obama campaign's 2-minute ad on Mitt Romney's Bain Capital is record is out, and it is brutal.  —  Targeting Romney's involvement in the acquistion of GST Steel, the commercial shows workers at a shuttered plant pinning Romney and Bain with the blame.
RELATED:
Justin Sink / The Hill:
Obama targets Romney tenure at Bain Capital with new ad, website  —  President Obama is taking dead aim at Mitt Romney's record helming Bain Capital, debuting a new television ad, online video, and website that each depict the private equity firm as predatory and having engaged in “questionable business practices.”
Byron Tau / Politico:
Ex-Obama adviser: Latest anti-Romney ad is ‘unfair’
Discussion: CNN and National Review
Greg Sargent / Washington Post:
EXCLUSIVE: Wisconsin Dems furious with DNC for refusing to invest big money in Walker recall  —  Top Wisconsin Democrats are furious with the national party — and the Democratic National Committee in particular — for refusing their request for a major investment in the battle to recall Scott Walker, I'm told.
RELATED:
weaskamerica.com:
Recall Fever  —  In the Midwest, it's not easy to find a more polarizing figure than Republican Wisconsin Governor Scott Walker.  In a state where bold ideas are often rewarded, Walker's slash-and-burn rhetoric during his first months in office resulted in bringing national attention …
Stephen Dinan / Washington Times:
Ron Paul ends his hunt for votes  —  DEVELOPING:  —  Rep. Ron Paul of Texas said Monday he will not compete in primaries in any of the states that have not yet voted — essentially confirming Mitt Romney will win the Republican presidential nomination.  —  Mr. Paul said he will continue …
RELATED:
Michael O'Brien / msnbc.com:
Paul says he'll cease campaigning in coming primaries
Discussion: The Moderate Voice
BuzzFeed:
Ron Paul Is Basically Dropping Out
Ron Paul / CNN:
BREAKING: Ron Paul to end active campaigning
Discussion: Mediaite
Mike Allenand Jim Vandehei / Politico:
The un-McCain campaign  —  Mitt Romney and his top aides are building a strategy, partly by design and partly because of circumstance, around what they consider John McCain's disastrously run campaign in 2008.  —  The strategy: whatever McCain did, do the opposite.
RELATED:
Annie-Rose Strasser / ThinkProgress:
For VP, Romney Is Looking For An ‘Incredibly Boring White Guy’
Discussion: Politico and Dependable Renegade
Ed Kilgore / Washington Monthly:
Titans of Twitter  —  In a discussion of the Romney campaign's outreach to the wingnutosphere earlier this month, I mentioned in passing the apparent preoccupation of these new partners in crime with Twitter wars, and particularly the belief that Hilaryrosengate represented some sort of historic triumph for The Cause.
RELATED:
John Hinderaker / Power Line:
The Left Is Getting Clobbered on Twitter
Amie Parnes / The Hill:
Obama seeks women and young voters with commencement address at Barnard  —  President Obama on Monday told graduates of Barnard College that their generation will “help lead the way” to “bring about the changes we need” to help move the country in the right direction.
Discussion: Politico and The Hill
RELATED:
Washington Wire:
Transcript of Obama's Barnard College Commencement Address
Discussion: Shakesville
Bloomberg:
As European Austerity Ends, So Could the Euro  —  The euro currency is a malady that condemns at least a generation of Greeks, Italians, Spaniards, Portuguese and Irish to the economic infirmary.  —  In these nations, unemployment rates are now at their highest levels in recent decades …
Andrew Sullivan / The Daily Beast:
Andrew Sullivan on Barack Obama: The First Gay President  —  The president's bold support shifted the mainstream.  Andrew Sullivan on why it shouldn't be surprising—Obama's life as a biracial man has deep ties to the gay experience.  —  It was the spring of 2007, back when Barack Obama's bid …
New York Times:
After Obama's Decision on Marriage, a Call to Pastors  —  WASHINGTON — About two hours after declaring his support for same-sex marriage last week, President Obama gathered eight or so African-American ministers on a conference call to explain himself.  He had struggled with the decision …
Frances Martel / Mediaite:
Black Pastor Tells CNN His Church Won't Support Obama, ‘Plan To Stay Home’  —  President Obama's headline-grabbing flip-flop on gay marriage may cost him dearly in the more religious parts of the black community, reports CNN today, as pastors tell their congregations the president is wrong in stepping in.
Discussion: nation.foxnews.com
 
 
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 More Items: 
Brendan Sasso / The Hill:
LightSquared files for bankruptcy after plans for network are dashed
Discussion: Reuters
Cindy Chang / New Orleans Times-Picayune:
Louisiana is the world's prison capital
Walter Russell Mead / Via Meadia:
Dark Clouds Gather Over Lebanon
NY Daily News:
Estranged husband and wife Mark and Michelle Schimel are running against each other for a state Assembly seat
Thereisnospoon / Hullabaloo:
Austerity geniuses, by @DavidOAtkins
Michael Kirkland / UPI:
2012 election drowning in secret money
Discussion: ThinkProgress
BuzzFeed:
Pat Robertson: Romney's Not Jesus, But We'll Take Him
Discussion: GOP 12 and The Raw Story
Washington Examiner:
Voters rate Reid, Pelosi the worst
 Earlier Items: 
Annie-Rose Strasser / ThinkProgress:
GOP Rep. Lankford Explains Why It Should Be Legal To Fire Someone For Being Gay: 'It's A Choice Issue'
Discussion: Mock, Paper, Scissors and Advocate
Greg Giroux / Bloomberg:
One-Man Florida SuperPAC Finances Attack on Obama in Ohio
Discussion: Shakesville
Jeffrey Toobin / New Yorker:
MONEY UNLIMITED … - POLITICS - PROFILES - THE TALK OF THE TOWN …
Discussion: ThinkProgress
Alyssa Rosenberg / ThinkProgress:
Why You Don't Have Stand-Alone HBO Go—And Why You Should Give HBO More Credit
Charles Mahtesian / Politico:
West Virginia frets over felon's performance
Discussion: CNN