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1:40 PM ET, November 16, 2012

memeorandum

 Top Items: 
nbcdfw.com:
Twinkies Maker Hostess Going Out of Business, CEO Blames Union Strike  —  “It's over.  This is it,” Gregory Rayburn tells “Today.”  —  Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said.
RELATED:
CNNMoney.com:
Hostess Brands closing for good  —  NEW YORK (CNNMoney) — Hostess Brands — the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread — announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them.
Hostess Brands Inc / PR Newswire:
Hostess Brands to Wind Down Company After BCTGM Union Strike Cripples Operations  —  Hostess Brands Inc. today announced that it is winding down operations and has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including its iconic brands and facilities.
Rachel Feintzeig / Wall Street Journal:
Twinkie Maker Hostess to Close  —  Hostess Brands Inc., the maker of iconic treats such as Twinkies and traditional pantry staple Wonder Bread, said Friday it is shuttering its plants and firing about 18,000 workers as it seeks to liquidate the 82-year-old business.
Alice Wolke / Dallas News:
Hostess going out of business; nearly 18,000 to be laid off  —  IRVING, Texas -  —  Say goodbye to your Twinkies.  —  North Texas-based Hostess Brands, Inc. has decided to go out of business and liquidate its assets after failing to win back striking workers.
Matt Egan / Fox Business:
Hostess to Liquidate, Lay Off 18,500 After Crushing Union Fight
Discussion: protein wisdom
AP Member Choice Limited / Reuters:
No more Twinkies? Hostess plans to shut down
Discussion: The Daily Caller
Fox News:
Petraeus testifies CIA's Libya talking points were changed, lawmaker says  —  Former CIA Director David Petraeus testified in a closed-door hearing Friday morning that his agency determined immediately after the Sept. 11 Libya attack that “Al Qaeda involvement” was suspected …
RELATED:
Jeremy Herb / The Hill:
In testimony, Petraeus says he always saw Benghazi as terrorism  —  Former CIA Director David Petraeus told lawmakers at a closed-door briefing Friday the agency believed the assault on the U.S. Consulate in Libya was a terrorist attack from the beginning.  —  Petraeus also indicated …
James Taranto / Wall Street Journal:
The Audacity of 51%  —  Get ready for higher taxes and no spending reform.
Matthew Duss / American Prospect:
Israel's Airstrike Gamble  —  Hamas supporters in the West Bank city of Ramallah carry obituary posters of Hamas mastermind Ahmed Jabari as they march in support of the people of the Gaza Strip.  On the third day of a military operation prompted by a rocket attack just south of Tel Aviv …
Discussion: Washington Monthly, Haaretz and JTA
RELATED:
BBC:
Gaza rocket fired at Jerusalem
Ramsey Cox / The Hill:
Senate passes resolution condoning Israel's strikes on Hamas
New York Times:   Jerusalem Targeted by Rockets for First Time in Gaza Conflict
BBC:   Gaza crisis: Egyptians back under-fire Palestinians
Nidal al-Mughrabi / Reuters:
Jerusalem and Tel Aviv under rocket fire, Netanyahu warns Gaza
Ryan Grim / The Huffington Post:
Democratic Solution To The Filibuster: Make Them Talk … REACT:  —  FOLLOW:  —  Elections 2012, Harry Reid , Congress, Democrats, Elections 2012, U.S. Senate, Video, Democrats Filibuster Reform, Politics News, Democratic Filibuster Reform, Democrats Fillibuster Reform, Filibuster, Filibuster Reform, Politics News
RELATED:
Alexander Bolton / The Hill:
Obama, Boehner launch second effort to reach grand bargain to cut deficit
Devin Dwyer / ABCNEWS:
President Obama, GOP Leaders Hold Fiscal Summit at White House
Elise Viebeck / The Hill:
Harkin: Leave Medicare, Medicaid out of fiscal-cliff talks
WWL-TV:
11 airlifted, two missing after Gulf platform explosion  —  OFF THE GULF COAST - The Coast Guard says that 11 people have been airlifted out and two are missing after an explosion at a platform in the Gulf of Mexico south of Grand Isle Friday morning.  —  Captain Ed Cubanski …
Discussion: WAFB-TV, Gizmodo, CBS DC and The Raw Story
Paul Krugman / New York Times:
Life, Death and Deficits  —  America's political landscape is infested with many zombie ideas — beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die.  The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.
Discussion: msnbc.com
RELATED:
David Dayen / Firedoglake:
Here on the Fiscal Slopes  —  I don't think this will be a regular feature, but here are a few things on everybody's favorite cliff/slope metaphor that caught my eye at the end of the day:  —  First of all, unions are so far following through on protecting social insurance against potential attacks from both parties:
Jon Walker / Firedoglake:
Most Republican States Won't Build Exchanges and That Is a Good Thing  —  Map showing party affiliation by Governors, current  —  Now that we have approached what should have been the deadline for states to say whether or not they plan to build state exchanges to comply with the Affordable Care Act …
Discussion: Politico
Tom Maguire / JustOneMinute:
Times See No Evil CEO Mark Thompson's Veil of Ignorance Continues To Unravel  —  The NY Times stuck with embattled former BBC chief Mark Thompson based on his assurances that despite thirty-three years at the BBC including eight at the helm he had never heard a whisper about BBC star Jimmy Savile's pedophilia.
RELATED:
David Brody / The Brody File:
Franklin Graham to Brody File on Obama's Re-Election: Christians Should Be ‘Upset at Themselves’  —  Rev. Franklin Graham tells The Brody File that one of the lessons of President Obama's re-election is that more Christians in this country need to vote and he tells me that, “if Christians are upset, they need to be upset at themselves.”
Chris Ariens / TVNewser:
Roger Ailes on Election Night: ‘Rove was wrong.  He backed down.  Our guys were right.’  —  On election night, Fox News co-founder and chairman Roger Ailes watched election coverage in the News Corp. Sports Suite, down the hall from his second floor office.
 
 
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 More Items: 
Alexis Madrigal / The Atlantic Online:
When the Nerds Go Marching In  —  How a dream team of engineers …
John Sides / The Monkey Cage:
Not Gerrymandering, but Districting: More Evidence on How Democrats Won the Popular Vote but Lost the Congress
Discussion: Washington Monthly
Rebel Pundit / BREITBART.COM:
ANTI-ISRAEL, ANTI-AMERICA PROTEST OUTSIDE OBAMA HQ IN CHICAGO
Discussion: The Gateway Pundit
Ramsey Cox / The Hill:
Sen. Paul filibusters defense bill
Discussion: Spectator and Hit & Run
Daniel Strauss / The Hill:
Christie agrees Romney comments were ‘wrong’, calls on GOP to pivot
Discussion: CNN and Business Insider
 Earlier Items: 
Politico:
Republican governors go soft on taxes
Discussion: First Read and CNN
Warren Richey / Christian Science Monitor:
US appeals court strikes down Michigan ban on affirmative action (+video)
Discussion: The Raw Story
Ed Morrissey / Hot Air:
House GOP: Hey, who's up for a few earmarks? Update: Proposal withdrawn
Bethany Mandel / Commentary Magazine:
Why Isn't Sandy Obama's Katrina?
Wall Street Journal:
GOP Leaders' Debate: Change Message or Candidates?
Discussion: ABCNEWS and Prairie Weather
Jim Epstein / Reason:
Oklahoma Doctors vs. Obamacare
Discussion: AEIdeas, Power Line and Hot Air
 

 
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Pure Storage Raises $225 Million at a $3 Billion Valuation

 
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