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12:45 PM ET, June 5, 2009

memeorandum

 Top Items: 
The Corner:
The End of America's Strategic Alliance with Israel?  —  From an Israeli perspective, Pres. Barack Obama's speech today in Cairo was deeply disturbing.  Both rhetorically and programmatically, Obama's speech was a renunciation of America's strategic alliance with Israel.
RELATED:
Charles Krauthammer / Washington Post:
Barack Obama's Israeli Settlements Canard  —  President Obama repeatedly insists that American foreign policy be conducted with modesty and humility.  Above all, there will be no more “dictating” to other countries.  We should “forge partnerships as opposed to simply dictating solutions,” he told the G-20 summit.
New York Times:
Forcing Clarity on Israel
Jack Healy / New York Times:
Job Losses Slow; Unemployment at 9.4%  —  The United States economy lost 345,000 jobs in May, the government reported on Friday, a sharp slowing in the pace of job losses that fueled hopes that the economy was on its way toward a recovery.  —  The recession continued to take a toll …
RELATED:
Bureau of Labor Statistics:
Employment Situation Summary  —  Technical information:  —  Household data: (202) 691-6378 USDL 09-0588  —  Establishment data: (202) 691-6555 Transmission of material in this release  —  http://www.bls.gov/ces/ is embargoed until 8:30 A.M. (EDT), Media contact: (202) 691-5902 Friday, June 5, 2009.
Felix Salmon:
Unemployment datapoint of the day  —  Remember the stress tests?
Discussion: MoJo Blog Posts
Shobhana Chandra / Bloomberg:
U.S. Economy: Job Losses Slow, Signaling Recession Is Abating
Discussion: The Bellows and FT Alphaville
Jared Allen / The Hill:
Intel firestorm: GOP reveals briefing info  —  Republicans ignited a firestorm of controversy on Thursday by revealing some of what they had been told at a closed-door Intelligence Committee hearing on the interrogation of terrorism suspects.  —  Democrats immediately blasted the GOP lawmakers …
RELATED:
David Rogers / The Politico:
Democrats punt on war bill
Wall Street Journal:
Nominee's Criminal Rulings Tilt to Right of Souter  —  WASHINGTON — While Judge Sonia Sotomayor stands in the liberal mainstream on many issues, her record suggests that the Supreme Court nominee could sometimes rule with the top court's conservatives on questions of criminal justice.
RELATED:
Stuart Taylor / National Journal Online:
Race: Sotomayor And Obama Versus Voters  —  IT'S CLEAR THAT AMERICANS WANT RACIALLY PREFERENTIAL AFFIRMATIVE-ACTION PROGRAMS ABOLISHED.  —  Conservative critics of Judge Sonia Sotomayor may be digging themselves into a hole if they keep hurling the tired old “liberal activist” slogan at her.
Seth Stern / Legal Beat:
Sotomayor Repeatedly Referenced ‘Wise Woman’ in Speeches  —  Supreme Court nominee Sonia Sotomayor is greeted by Sen. Arlen Specter before a meeting on Capitol Hill Thursday.  (Getty)  —  Supreme Court nominee Sonia Sotomayor delivered multiple speeches between 1994 and 2003 in which she suggested …
RELATED:
Deborah Solomon / Wall Street Journal:
White House Set to Appoint a Pay Czar  —  WASHINGTON — The Obama administration plans to appoint a “Special Master for Compensation” to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.
Paul Krugman / New York Times:
Keeping Them Honest  —  “I appreciate your efforts, and look forward to working with you so that the Congress can complete health care reform by October.”  So declared President Obama in a letter this week to Senators Max Baucus and Edward Kennedy.  The big health care push is officially on.
RELATED:
Greg Mankiw / Greg Mankiw's Blog:
What's the point of a public option?  —  In the national debate over health insurance reform, a key issue is whether the government should offer a “public plan” to compete with private insurers.  For example, in today's NY Times, Paul Krugman writes,
Wall Street Journal:
FDIC Pushes Purge at Citi  —  Bair Wants to Shake Up Management, Sought to Cut Rating of Bank's Health  —  WASHINGTON — The Federal Deposit Insurance Corp. is pushing for a shake-up of Citigroup Inc.'s top management, imperiling Chief Executive Vikram Pandit, people familiar with the matter said.
RELATED:
Yalman Onaran / Bloomberg:
Bank Profits From Accounting Rules Masking Looming Loan Losses
Discussion: Balloon Juice and ProPublica
Nicholas Kulish / New York Times:
Rift With Germany Is Next on Diplomatic Agenda  —  DRESDEN, Germany — After mending fences with the Muslim world in Cairo on Thursday, President Obama might want to keep his diplomatic tools handy for his stopover here, to repair his increasingly strained relationship with Chancellor Angela Merkel.
Discussion: Don Surber and RedState
RELATED:
Washington Wire:
Remarks From Obama, Merkel News Conference
Discussion: Weekly Standard
New York Times:
At Nazi Camp, Obama Calls Holocaust Denial ‘Hateful’
Discussion: The Page and MSNBC
Stephen Gutowski / NewsBusters.org:
Liberal Writer Fired By AOL News For Reporting Vile Playboy List  —  Editor's Note/Update below.  —  AOL News has been bending over backwards lately to make sure that they do not cover the controversy surrounding Playboy.com writer Guy Cimbalo's vile attack on conservative women.
Lydia Saad / Gallup:
Cheney and Pelosi Have Poor Ratings in Common  —  Pelosi's ratings down, while Cheney's improved from record low  —  PRINCETON, NJ — Democratic House Speaker Nancy Pelosi and former Vice President Dick Cheney have little in common politically, but they receive almost identical image ratings from the American public.
Megan McArdle:
Elizabeth Warren and the Terrible, Horrible, No Good, Very Bad, Utterly Misleading Bankruptcy Study  —  Elizabeth Warren has another study out showing that medical expenses contribute to more than half of all bankruptcies—indeed, this time, it's 70%, up from the 50% she found in 2001.
Steve Benen / Washington Monthly:
THEY CAN'T HOLD THE BILL HOSTAGE.... President Obama released a letter this week, offering some new details on what the White House wants to see in the health care reform package being debated on the Hill.  Yesterday, Senate Republicans said Obama, who voiced his “strong” support for a public option, shouldn't have done that.
Sean Cockerham / Anchorage Daily News:
Lawmakers muster votes to override governor  —  STIMULUS: Palin makes Alaska the sole state to reject energy cost relief.  —  scockerham@adn.com  —  Legislative leaders say they appear to have enough votes to override Gov. Sarah Palin's veto of $28.6 million in federal stimulus money for energy cost relief.
Discussion: Glenn Thrush's Blog
 
 
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 More Items: 
Mike Hale / ArtsBeat:
Glenn Beck, Simulcasting Discontent
Discussion: TVNewser
Alexander Bolton / The Hill:
Republican senator seeks to outlaw tobacco
Washington Post:
Firms Tied to Murtha Have Troubled Past
Discussion: ProPublica
New York Times:
Bank of America Ousts Head of Risk Oversight
Discussion: Dealbreaker and Felix Salmon
Sarah Posner / American Prospect:
ABORTION FOE TO LEAD HHS FAITH-BASED OFFICE.
 Earlier Items: 
Jim Davenport / Associated Press:
SC high court orders Gov. Sanford to request money
Discussion: MSNBC, ProPublica, Reason and RedState
Ylan Q. Mui / Washington Post:
A Race to Keep Up With the Tightwads
Yoanisanchez / Generation Y:
Doors that open, bars that close
Discussion: Babalú Blog