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5:55 PM ET, January 30, 2008

memeorandum

 Top Items: 
Rick Klein / ABCNEWS:
Ralph Nader Flirts with Presidential Bid  —  With Harsh Words for Current Field, Nader Says Candidacy as Urgent as Ever  —  Ralph Nader has formed a presidential exploratory committee, and said in an interview Wednesday that he will launch another presidential bid if he's convinced …
RELATED:
Washington Post:
John Edwards to Quit Presidential Race  —  John Edwards will end his presidential bid today, a source close to the Edwards campaign confirmed.  —  The former North Carolina senator is scheduled to speak in New Orleans this afternoon — an appearance billed as an anti-poverty speech …
CNN:
Edwards quitting presidential race
The New Republic:
Why Edwards Lost: A Response to Cohn
Discussion: The Corner
Greg Sargent / TPM Election Central:
Hillary On Edwards: I'm Reaching Out To His Supporters
Comment is free:
John Edwards's indelible mark
Melissa McEwan / Shakespeare's Sister:
The Return of Nader  —  Ralph Nader has formed a presidential …
Gallup:
Gallup Daily: Tracking Election 2008  —  Based on daily polling from Jan. 27-29, 2008  —  PRINCETON, NJ — Barack Obama has now cut the gap with Hillary Clinton to 6 percentage points among Democrats nationally in the Gallup Poll Daily tracking three-day average, and interviewing conducted …
Redstate:
The Last Action Hero  —  So here we are, at the turn of the tide: one vote from winning the court; two-to-three good years from winning the largest stage of the war; the pressures of the Oval Office at their dramatic peak.  A critical moment in our nation's history, time for an individual …
RELATED:
New York Post:
POST ENDORSES BARACK OBAMA  —  Democrats in 22 states across America go to the polls next Tuesday to pick between two presidential prospects: Sens. Barack Obama and Hillary Clinton.  —  We urge them to choose Obama - an untried candidate, to be sure, but preferable to the junior senator from New York.
Chris Cillizza / The Fix:
With Giuliani Aboard, Is Straight Talk Express Moving at Warp Speed?  —  It's a testament to how fast-moving this election cycle has become that even before former New York City Mayor Rudy Giuliani is scheduled to end his campaign and endorse Sen. John McCain (R) later today, the development already feels like old news.
RELATED:
Digby / Hullabaloo:
It Depends On What The Definition Of Conscience Is  —  Remember this? … Well, here he is, testifying that, basically, that the ends justify the means:  —  TPM reports that this way: … It's really hard for me to believe that someone who used to be a federal judge can blow that sophistry …
Discussion: TPMmuckraker
RELATED:
Board of Governors of the Federal Reserve System:
For immediate release  —  The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3 percent.  —  Financial markets remain under considerable stress, and credit has tightened further for some businesses and households.
RELATED:
Edmund L. Andrews / New York Times:   Fed Cuts Rate by Half-Point; 2nd Reduction in 8 Days
Hugh Hewitt / Townhall.com:
Super Tuesday Math: Far, Far From Over  —  CNN puts McCain with 97 delegates and Romney at 74.  —  Let's look at the worst case for Romney on Super Tuesday.  —  Next Tuesday the winner-take-all states that lean McCain are New York (101), Missouri (58), Arizona (53), New Jersey (52) …
Washington Wire:
A King Backs Clinton  —  Amy Chozick reports on the presidential race from Little Rock, Ark.  —  As the Obama campaign basks in the Kennedy glow, chief rival Sen. Hillary Clinton picked up an endorsement today from a larger-than-life southern entertainer known for his sideburns and white rhinestone-studded jumpsuit.
Discussion: Brian Beutler
Matthew Yglesias:
That's More Like It  —  Here's Barack Obama talking today in Denver: … Obviously, Obama, too, would have some problems against John McCain who'll argue that he's too green.  But the basic spirit here seems correct to me.  You want to argue that discontentment with the fruits of Bush's policies …
Amy Gardner / Washington Post:
U.S. Rep. Davis to Retire, Ending 14-Year Tenure in Congress  —  U.S. Rep. Thomas M. Davis III (R-Va.) said today he will retire from Congress at the end of the year, bringing to a close a 14-year stint in the House of Representatives during which he rose rapidly through the ranks …
Discussion: Brian Beutler
New York Times:
At White House, a Second Look at Iraq Troop Cuts  —  WASHINGTON — Four months after announcing troop reductions in Iraq, President Bush is now sending signals that the cuts may not continue past this summer, a development likely to infuriate Democrats and renew concerns among military planners about strains on the force.
RELATED:
Max Holland / Washington DeCoded:
Commission Confidential  —  EXTRA  —  In a revelation bound to cast a pall over the 9/11 Commission, Philip Shenon will report in a forthcoming book that the panel's executive director, Philip Zelikow, engaged in “surreptitious” communications with presidential adviser Karl Rove …
Wall Street Journal:
The Daniel Pearl Standard  —  This week marks the sixth anniversary of the murder of my son Daniel Pearl, a reporter for this newspaper.  It is a fitting occasion to step back and reflect on what this tragedy has taught us.  —  I am often asked why Danny's death has touched so many people and why he …
Greg Sargent / TPM Election Central:
Top Edwards Adviser Joe Trippi: Hillary And Obama Are “Banging Down The Doors” For Our Endorsement  —  Top Edwards adviser Joe Trippi just confirmed to me by phone that the Hillary and Obama campaigns are already working overtime to woo Edwards to their sides — even before his official dropout speech.
 
 
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 More Items: 
Roger L. Simon:
McCain Derangement Syndrome - It's Here!
Crystal Patterson / HillaryClinton.com:
Hillary Announces “Voices Across America: A National Town Hall”
Ezra Klein / American Prospect:
THE FLORIDA VOTE.  —  Voting is, at base, an instrumental act.
Glenn Greenwald / Salon:
What “bipartisanship” in Washington means
Discussion: Open Left and Slog
ABCNEWS:
Terror Leader Killed in Missile Strike?
 Earlier Items: 
Kevin Drum / Washington Monthly:
US AND THEM....You already knew this, but the Bush administration is nuts.
Andrew Sullivan / The Daily Dish:
Obama and The Gays
Wall Street Journal:
Terminated  —  Arnold Schwarzenegger's “universal” …