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11:50 AM ET, June 12, 2012

memeorandum

 Top Items: 
Jonathan Allen / Politico:
Does Mitt Romney need ‘Obamacare’?  —  Republicans are cheerleading for the Supreme Court to strike down President Barack Obama's health care law.  —  But there's one Republican who might be sorry: Mitt Romney.  —  There's fear in some GOP circles that if the court wipes the Affordable Care Act off …
Discussion: CNN
RELATED:
First Read / msnbc.com:
Loss of wealth highlights economic anxiety
Wall Street Journal:
Obama to Revisit Economic Debate
Washington Post:
Obama, Romney allowed to receive donations via texts
Alina Selyukh / Reuters:
Regulators approve political donations via text message
Discussion: TheBlaze.com
Alicia M. Cohn / Ballot Box:
Obama campaign hits Romney over Mass. state debt in new TV ad
Discussion: CNN, Guardian and GOP 12
Dave Levinthal / Reuters:
FEC: OK to fundraise via text
Jeff Kearns / Bloomberg:
Fed Says U.S. Wealth Fell 38.8% In 2007-2010 On Housing  —  The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed.
RELATED:
Ylan Q. Mui / Washington Post:
Fed: Americans' wealth dropped 40 percent  —  View Photo Gallery — Is the U.S. economic recovery stalling?:   The Labor Department reported June 1 that the nation's economy added only 69,000 jobs in May, bringing the unemployment rate to 8.2 percent.
Martin Crutsinger / Business Week:
Fed reports how much recession shrank US wealth  —  WASHINGTON  —  The Great Recession shrank Americans' wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday.
Dana Milbank / Washington Post:
Pileup at the White House  —  It has been a Junius Horribilis for President Obama.  —  Job growth has stalled, the Democrats have been humiliated in Wisconsin, the attorney general is facing a contempt-of-Congress citation, talks with Pakistan have broken down, Bill Clinton is contradicting Obama …
RELATED:
Reid J. Epstein / Politico:
John Bryson's leave of absence adds to Obama's bad news  —  Commerce Secretary John Bryson stepped aside Monday, telling President Barack Obama he will take a medical leave of absence two days after he was involved in two car accidents near Los Angeles.  —  Bryson, whose spokeswoman …
Discussion: ABCNEWS, Hot Air and Moe Lane
Jesse Helfrich / The Hill:
Commerce secretary's hit-and-run keeps Obama off message
Discussion: Jammie Wearing Fools
John Corvino / The New Republic:
Are Gay Parents Really Worse For Children?  How a New Study Gets Everything Wrong  —  Question: What do the following all have in common? … Give up?  The answer—assuming that they all have biological or adopted adult children between the ages of 18 and 39—is that they would all be counted as …
RELATED:
IU News Room:
IU community mourns passing of Distinguished Professor and Nobel Laureate Elinor Ostrom  —  FOR IMMEDIATE RELEASE  —  BLOOMINGTON, Ind. — The entire Indiana University community mourns the passing today of Distinguished Professor Elinor Ostrom, who received the 2009 Nobel Prize …
Discussion: Real Time Economics
David Brooks / New York Times:
The Follower Problem  —  If you go to the Lincoln or Jefferson memorials in Washington, you are invited to look up in admiration.  Lincoln and Jefferson are presented as the embodiments of just authority.  They are strong and powerful but also humanized.  Jefferson is a graceful aristocratic democrat.
Discussion: First Draft and Balloon Juice
Jack Maddox / CNN:
Sheriff: Father kills man sexually abusing his daughter  —  (CNN) — A Texas father caught a man sexually assaulting his 4-year-old daughter and punched him in the head repeatedly, killing him, authorities said.  —  The father was casually acquainted with the alleged abuser, said Lavaca County Sheriff Micah Harmon.
Bloomberg:
House Of Dimon Marred By CEO Complacency Over Unit'S Risk  —  JPMorgan Chase & Co. (JPM) could have spotted trouble at its chief investment office long before traders there racked up at least $2 billion in losses.  One reason it didn't: Chief Executive Officer Jamie Dimon.
Discussion: US Politics
Robert Stacy McCain / The Other McCain:
HUGE!  Neal Rauhauser's Vicious Lies Exposed by Yet Another Leaked E-Mail  —  Last night, I published an e-mail showing that Democrat political operative Neal Rauhauser, representing himself as an agent of Brett Kimberlin's Velvet Revolution, had used his connections to the “Anonymous” …
Michael Patrick Leahy / BREITBART.COM:
THE ACADEMIC SCANDAL ELIZABETH WARREN AND HARVARD DON'T WANT YOU TO KNOW ABOUT  —  In 1990, Rutgers Professor Philip Shuchman charged Elizabeth Warren, along with Teresa A. Sullivan (above), the President of University of Virginia who resigned unexpectedly yesterday, and Jay Westbrook …
Jonathan Easley / The Hill:
Florida to sue DHS in voter registration battle  —  Florida Gov. Rick Scott (R) said he will sue the Department of Homeland Security (DHS) to move forward with his controversial attempt to purge the voter rolls in his state of ineligible voters.  —  “I have a job to do to defend the right …
The White House:
President Obama Nominates Two to Serve on the U.S. Court of Appeals for the District of Columbia Circuit  —  WASHINGTON, DC - Today, President Obama will nominate Caitlin Halligan and Srikanth Srinivasan to serve on the United States Court of Appeals for the District of Columbia Circuit.
Boston Globe:
No mention of ‘bisexual,’ ‘transgender’ under Romney  —  Words brought halt to antibullying guide  —  Republican presidential candidate, former Massachusetts Gov. Mitt Romney, talks during a campaign stop in St. Louis, Mo. (Evan Vucci/AP Photo)  —  Former governor Mitt Romney's administration …
BuzzFeed:
Gingrich Returns To Speaking Circuit, At A Discount  —  Run don't walk.  —  Yours for $25,000.  —  (Getty Images / JEWEL SAMAD)  —  Newt Gingrich is back on the speaking circuit, but his fees appear to have dropped steeply since he was boasting of charging $60,000 a speech.
Discussion: Indecision Forever
Monica Davey / New York Times:
North Dakota Considers Eliminating Property Tax  —  BISMARCK, N.D. — Since Californians shrank their property taxes more than three decades ago by passing Proposition 13, people around the nation have echoed their dismay over such levies, putting forth plans to even them, simplify them, cap them, slash them.
BuzzFeed:
Public Worker Unions Back Controversial Barron In New York  —  AFSCME set to spend on behalf of the “revolutionary Pan-Africanist” and Mugabe, Qaddafi ally.  —  BROOKLYN, N.Y. — Powerful public workers' unions are throwing their weight — in public and behind the scenes …
Discussion: Yeshiva World News
Rachel Leven / The Hill:
GOP chairmen failing to cut checks from campaigns to NRCC  —  More than two dozen House chairmen have not given any money from their campaign war chests to the Republican committee tasked with defending the GOP's majority.  —  The lack of direct transfers from Republicans in senior positions comes during …
Discussion: Prairie Weather
Bruce Bartlett / Economix:
The Fiscal Legacy of George W. Bush  —  Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul.  He is the author of “The Benefit and the Burden: Tax Reform - Why We Need It and What It Will Take.”
Discussion: The Daily Dish and Daily Kos
 
 
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 More Items: 
Amy Hodges / Rice University News & Media:
Corporate political giving doesn't pay
Discussion: Politico and Ezra Klein
Jake Shermanand John Bresnahan / Politico:
Can Eric Holder avoid contempt vote?
Discussion: The Daily Caller and Hot Air
Keegan Hamilton / The Daily Weekly:
Washington Inmates Banned From Making Sexy Outfits for Female Prison Guards
Randy Kennedy / New York Times:
Greek Antiquities, Long Fragile, Are Endangered by Austerity
Wall Street Journal:
ObamaCare's Secret History
Ed O'Keefe / Washington Post:
Angus King makes a last stand for moderation in Maine Senate race
Discussion: ABCNEWS
Trip Gabriel / New York Times:
In Romney's Voucher Education Policy, a Return to G.O.P. Roots
Discussion: National Review and The Caucus
 Earlier Items: 
Matt Negrin / ABCNEWS:
Would Romney Cut Firefighters?
Eline Gordts / The Huffington Post:
Gay Pride Month: Israel Defense Forces Facebook Photo Stirs Controversy
Discussion: Towleroad News #gay
Allahpundit / Hot Air:
Obama: I couldn't go to Wisconsin to campaign against Scott Walker because I was busy with stuff
Tomas Dinges / New Jersey Online:
Boat explosion reported off coast of Sandy Hook
Discussion: New York Magazine
Noah Smith / noahpinionblog.blogspot.co.uk:
Economics, geekiness, and distraction from productive activity.
Discussion: EconLog
Clarence Page / Chicago Tribune:
What's with Wisconsin?  —  (Chris Walker, Chicago Tribune / June 5, 2012)
Discussion: First Draft
 

 
From Mediagazer:

Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

 
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