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2:35 PM ET, June 12, 2012

memeorandum

 Top Items: 
Democracy Corps:
Shifting the Economic Narrative  —  What is clear from this fresh look at public consciousness on the economy is how difficult this period has been for both non-college-educated and college-educated voters - and how vulnerable the prevailing narratives articulated by national Democratic leaders are.
RELATED:
Alexander Burns / Politico:
Dems call for fresh message, warn of ‘impossible headwind’  —  President Barack Obama and his party may face an “impossible headwind in November” unless it shifts to a more forward-looking economic message aimed squarely at the middle class, three Democratic strategists warn in a memo out this week.
Discussion: BuzzFeed
Jordy Yager / The Hill:
Sen. Cornyn calls on Holder to resign  —  Sen. John Cornyn (R-Texas) on Tuesday called on Attorney General Eric Holder to resign.  —  Cornyn, the head of the National Republican Senatorial Committee (NRSC), has long been critical of Holder, but had so far resisted pushing for Holder to step down.
RELATED:
Fred Lucas / CNSNews:
Holder: ‘I Stuck by My Guns’  —  (CNSNews.com) - Embattled Attorney General Eric Holder told the Senate Judiciary Committee on Tuesday that he has “stuck by my guns” during his time in office.  —  “I've enjoyed my time as attorney general,” he told the panel.  “It's been a tough job.
Discussion: Hot Air, Weasel Zippers and Althouse
Jake Shermanand John Bresnahan / Politico:
Can Eric Holder avoid contempt vote?
Discussion: CNN, The Daily Caller and Hot Air
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
Discussion: ABCNEWS, JOSHUAPUNDIT, Hot Air and Moe Lane
Jesse Helfrich / The Hill:
Commerce secretary's hit-and-run keeps Obama off message
Discussion: Jammie Wearing Fools
Tim Mak / Politico:
Jeb Bush comments have blogs in uproar  —  Conservatives in the blogosphere lashed out at Jeb Bush for saying that Ronald Reagan and his father, George H.W. Bush, would not have fit well in the modern Republican Party, ripping the former Florida governor as a “RINO” and dismissing his “steaming pile of nonsense.”
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.”
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.
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.
RELATED:
Rush Limbaugh:
Walker Win Should Give GOP Backbone
Discussion: Althouse
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” …
RELATED:
Brooks Bayne / The Trenches:
BREAKING: Neal Rauhauser Believes SWATter is One of His Own
Emily Heil / Washington Post:
White House softball team smoked by pot lobby's bats  —  Anyone notice a cloud hanging over the Mall last week?  That might have been the White House softball team getting absolutely smoked by the team fielded by the marijuana lobby.  —  The One Hitters, the team of pro-pot activists, beat STOTUS (the Softball Team of the U.S.) 25-3.
RELATED:
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: Firedoglake and US Politics
RELATED:
Wall Street Journal:
J.P. Morgan Knew of Risks
Discussion: msnbc.com
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
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 …
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: iOwnTheWorld.com and CNN
Arlington, Va.:
Actor Kal Penn Meets With Young Obama Supporters in Arlington  —  Actor Kal Penn met with more than 100 young supporters of President Obama in Rosslyn and on Columbia Pike last night.  —  At Cafe Asia in Rosslyn, Penn spoke to a young professionals event about the importance of the upcoming presidential election.
Discussion: The Hill and nation.foxnews.com
Tom Jensen / Public Policy Polling:
Romney holds small lead in NC  —  PPP's newest North Carolina poll finds Mitt Romney leading Barack Obama 48-46.  It's a small lead but still significant in that it's the first time we've found Romney ahead in our monthly polling of the state since October.
Discussion: Ballot Box
BuzzFeed:
Obama Sees Sharpest Drop In Donors From Western States  —  Oregon, Colorado, Nevada, and Idaho are home to the highest percentage of 2008 Obama donors who have yet to contribute $200 or more this year.  Analysts cite the issues, from climate change to the war in Iraq, and the economy.
Discussion: Flopping Aces
Wall Street Journal:
Laffer and Moore: Obama's Real Spending Record  —  There's no way around the facts.  Under Presidents Bush and Obama, government exploded as a share of the economy.  —  President Obama shocked us the other day when he said, “Since I've been president, federal spending has risen at the lowest pace in nearly 60 years.”
Discussion: International Liberty
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.
Reuters:
Top conservative says read my lips: Don't sign ‘no new tax’ pledge  —  Spinners and Winners  —  As a conservative Republican, Lindsey Graham has never had a problem promising not to raise taxes.  Like almost every other Republican member of Congress, during his last re-election campaign …
Joe Scarborough / Politico:
Why I voted for Ron Paul  —  I operate on instinct.  So I should not have been surprised by my own gut reaction to the absentee ballot that lay before me on the kitchen table.  —  I scanned the list for Republican primary candidates and let instinct take over.  —  Mitt Romney?  Not on your life.
Discussion: Mediaite
Ginger Thompson / New York Times:
Drug Money From Mexico Makes Its Way to the Racetrack  —  Newcomers rarely make it into the winner's circle at the All American Futurity, considered the Kentucky Derby of quarter horse racing.  —  Yet in September 2010, a beaming band of men waving Mexican flags and miniature piñatas swept …
Discussion: Fausta's Blog and Prairie Weather
 
 
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 More Items: 
Bloomberg:
The Death-Penalty Debate Represents a Market Failure
Nick R. Martin / tpmmuckraker.talkingpointsmemo.com:
TPMMuckraker  —  Feds Sue Larry Craig Over Bathroom Sex Sting Defense Cash
Winnie Hu / New York Times:
Persistent Obesity Fuels Soda Ban by Bloomberg
ThinkProgress:
Minnesota Priest Argues Catholics Can (And Should) Vote ‘No’ on MN Marriage Inequality Amendment
Discussion: Good As You
New York Post:
Now 'USA'-ban school boots Bieber, too
Karen Weintraub / Boston Globe:
Freezer failure at brain bank hampers autism research
Discussion: The Raw Story and Guardian
BuzzFeed:
Glenn Beck's New Brand: Prophet Of Love
Discussion: GOP 12
 Earlier Items: 
Amy Hodges / Rice University News & Media:
Corporate political giving doesn't pay
Discussion: Reuters, Politico and Ezra Klein
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
Trip Gabriel / New York Times:
In Romney's Voucher Education Policy, a Return to G.O.P. Roots
 

 
From Mediagazer:

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

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

 
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