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10:30 AM ET, October 5, 2012

memeorandum

 Top Items: 
Jeff Cox / CNBC:
Jobs Growth Rises 114,000 as Rate Slides to 7.8 Percent  —  Job growth remained tame in September, with the economy creating just 114,000 net new positions though the unemployment rate fell to 7.8 percent, the first time it has been below 8 percent in 43 months.
RELATED:
Associated Press:
US jobless rate falls to 7.8 pct., 44-month low  —  US unemployment rate falls to 7.8 pct., lowest since 2009, giving Obama a potential boost  —  WASHINGTON (AP) — The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years …
Alex Kowalski / Bloomberg:
U.S. Jobless Rate Declines to 7.8%; 114,000 Jobs Added  —  September Jobs Report: Breaking Down the Numbers  —  The unemployment rate in the U.S. unexpectedly fell to 7.8 percent in September, the lowest since President Barack Obama took office in January 2009, as employers took on more part-time workers.
Discussion: Balloon Juice
Shaila Dewan / New York Times:
Jobless Rate Falls to 7.8%, Lowest Since January 2009  —  The nation's unemployment rate dropped below 8 percent in September to its lowest rate since President Obama took office, the Labor Department said Friday.  —  While employers added only a modest 114,000 jobs last month …
NBC / Economy Watch:
Unemployment rate falls to 7.8% as economy creates 114,000 jobs  —  UPDATED 9:50 a.m. EDT: The nation's unemployment rate dropped to the lowest it has been in almost four years in September, giving President Barack Obama a potential upbeat talking point as the presidential race heads into the final innings.
Talking Points Memo:
Romney: ‘This Is Not What A Real Recovery Looks Like’  —  Following news that the U.S. economy added 114,000 jobs in September, with unemployment falling to 7.8%, Mitt Romney on Friday released the following statement on the September unemployment report:
CNN:
Unemployment rate below 8%, but Romney says not enough
Discussion: Politico
Brian Beutler / Talking Points Memo:   Huge September Drop In Unemployment, Economy Adds 114,000 Jobs
Brett LoGiurato / Business Insider:
JACK WELCH: Obama Is Manipulating The Jobs Numbers Because His Debate Performance Was Awful
Discussion: The PJ Tatler
Fox News:
Jobless rate falls to 7.8 percent in September, as Obama looks for boost
Mario Trujillo / Ballot Box:
Romney says he was ‘completely wrong’ on ‘47 percent’ comment  —  GOP presidential candidate Mitt Romney said Thursday night he was “completely wrong” when he made comments about the 47 percent of Americans who do not pay taxes at a secretly recorded fundraiser in May.
RELATED:
Hadas Gold / Politico:
Romney: ‘47 percent’ remarks ‘wrong’  —  Mitt Romney came full circle on his “47 percent” remarks Thursday night, calling them “just completely wrong” in an interview on Fox News.  —  When asked by host Sean Hannity what he would have said if President Barack Obama had brought …
Washington Post:
Romney: ‘47 percent’ remarks were ‘completely wrong’  —  View Photo Gallery — Surrounded by four of his five sons, Republican nominee for president Mitt Romney makes a surprise appearance at the Conservative Political Action Conference in Denver.  View more photos from the campaign trail.
Jake Tapper / ABCNEWS:
Email Shows State Department Rejecting Request of Security Team at US Embassy in Libya  —  (Image Credit: Ibrahim Alaguri/AP Photo)  —  ABC News has obtained an internal State Department email from May 3, 2012, indicating that the State Department denied a request from the security team …
Matt Higgins / CBS DC:
Top Obama Fundraiser To Release Bin Laden Film 2 Days Before Election  —  LOS ANGELES (AP) — A film dramatizing the death of Osama bin Laden is set to debut next month on the National Geographic Channel, two days before the presidential election.  —  “Seal Team Six: The Raid on Osama bin Laden …
RELATED:
Jonathan Easley / The Hill:
Former college hoops star endorses Romney in new ad  —  Former National Basketball Association player Greg Anthony is featured in a new ad for the Romney campaign, in which he explains why he voted for President Obama in 2008 but is switching to the GOP candidate in 2012.
RELATED:
New York Times:
Campaign Gains a New Intensity in Debate's Wake
Politico:
How Obama's debate strategy bombed
Paul Bedard / Washington Examiner:
Was Obama rattled by developing donor scandal story? … President Obama reelection campaign, rattled by his Wednesday night debate performance, could be in for even worse news.  According to knowlegable sources, a national magazine and a national web site are preparing a blockbuster donor scandal story.
Mike Ramsey / CBS Chicago:
NAACP Official: Obama Campaign Staffer Threatened Me  —  CHICAGO (CBS) — The President of the South Suburban Branch of the NAACP alleges a director of the re-election campaign of Barack Obama has threatened and intimidated him because he doesn't support the president.
Tim Catts / Bloomberg:
Former GE CEO Jack Welch Says White House Manipulates Jobs Data  —  History Says No  —  Former General Electric Co. (GE) Chief Executive Officer Jack Welch accused the Obama administration on Twitter of manipulating today's employment data for political advantage.
Megan McArdle / The Daily Beast:
Iran on the Verge of Hyperinflation  —  Sanctions wreak havoc on the rial  —  In fact, on the verge might not be the right way to put it; in the middle of might be more accurate.  Steve Hanke estimates that inflation is running at 70% a month.  This is, as Alex Tabarrok points out, nowhere near a record.
Discussion: JOSHUAPUNDIT, Wonkblog and AEIdeas
RELATED:
Megan McArdle / The Daily Beast:
Just Say No To Layoff Notices  —  Obama Administration pressures …
Discussion: Business Insider
Reuters:
Federal Judge Approves Scaled-Down Florida Voter Purge  —  TALLAHASSEE, Florida (Reuters) - A federal judge on Thursday dismissed a challenge to Florida's recent voter purge efforts, clearing the way for the removal of about 200 suspected non-U.S. citizens from state voter rolls before the November 6 presidential election.
Discussion: Crooks and Liars
Hillary Reinsberg / BuzzFeed:
For Some, DNC Chair Debbie Wasserman Schultz Goes Too Glam  —  Critics call her “almost unrecognizable” in a Vogue profile.  So what?  —  Wasserman Schultz in Derek Lam in the October 2012 Vogue profile.  —  Source: Marcus Mam / via: seemanagement.com
Discussion: The Hill and Weasel Zippers
Marian Wang / Chronicle of Higher Education:
The Parent Loan Trap  —  More than a decade after Aurora Almendral first set foot on her dream college campus, she and her mother still shoulder the cost of that choice.  —  Ms. Almendral had been accepted to New York University in 1998, but even after adding up scholarships, grants …
Discussion: ProPublica
Ronald Brownstein / NationalJournal.com:
Obama's Missing Piece: A Second-Term Agenda  —  After his lackluster debate performance, President Obama needs to better articulate his second-term agenda.  —  DENVER—President Obama didn't have many good moments in this week's first presidential debate.  But it was telling that the few came …
Terence P. Jeffrey / CNSNews:
Unemployment Rate Plummets to 4.3%—For Government Workers  —  (CNSNews.com) - The best news anywhere in the U.S. economy over the past three months has been in the government sector, where unemployment has dropped dramatically from 5.7 percent in July to 5.1 percent in August to 4.3 percent in September …
Discussion: Riehl World News
Wall Street Journal:
Noonan: Romney Deflates the President  —  The first debate was a surprise.  Now the challenger has to prepare for more surprises.  —  Out on a limb, where the breeze is best:  —  The impact of the first debate is going to be bigger than we know.  It's going to affect thinking more than we know …
Discussion: Politico and Hot Air
Daniel Halper / Weekly Standard:
Biden: ‘Yes, We Do’ Want to Raise Taxes By a Trillion Dollars  —  Vice President Joe Biden, speaking earlier today in Iowa said, “Yes, we do” want to raise taxes by a trillion dollars:  —  “On top of the trillions of dollars of spending that we have already cut, we're gonna ask - yes …
RELATED:
Jonathan Easley / Ballot Box:
Ryan, Romney turn their fire on Biden
Discussion: CNN, Wizbang, Politico and The Hill
 
 
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 More Items: 
Janet Hook / Wall Street Journal:
Tough to Build on First Debate Win
Discussion: First Read
Kyle Balluck / The Hill:
Dems hope Biden can blunt Romney momentum post-debate
Discussion: Jammie Wearing Fools
Ashwaq Masoodi / City Room:
Pro-Muslim Subway Ads to Hang Near Anti-Jihad Ads
SekondzOut / BoxingScene.com:
Orlando Cruz Comes Out: I am a Proud Gay Man!
Timothy Egan / Opinionator:
Idiot's Delight
Discussion: Balloon Juice
Virgil Dickson / PRWeek US:
Weber wins $3.1m contract to promote federally run healthcare exchanges
Brian Stelter / Media Decoder:
Presidential Debate Drew More Than 70 Million Viewers
 Earlier Items: 
Igor Volsky / ThinkProgress:
Romney Campaign Chair On Obama: 'When You're Not That Bright You Can't Get Better Prepared'
Steve Friess / Politico:
Candidate slammed for World of Warcraft fandom
Discussion: Betabeat and Balloon Juice
Erika Johnsen / Hot Air:
Stewart: Er, the president isn't looking quite as brilliant as he used to
Discussion: MareZilla.com and Politico
Bloomberg:
California Gas Stations Shut as Oil Refiners Ration Supplies
Discussion: americanthinker.com and GayPatriot
Peter Nicholas / Wall Street Journal:
Obama Sets Monthly Fundraising Record
PBS:
PBS Statement Regarding October 3 Presidential Debate