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1:05 PM ET, April 24, 2010

memeorandum

 Top Items: 
Steve Benen / Washington Monthly:
GUY FAWKES, NEW REPUBLICAN HERO.... Last fall, Rep. Michele Bachmann (R-Minn.) organized a right-wing rally on Capitol Hill for November 5, in the hopes of killing health care reform.  After characterizing her followers as “insurgents” and “freedom fighters,” Bachmann urged far-right activists to, in her word, “scare” federal lawmakers.
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Michael Scherer / Swampland:
Republican Governors Pay Homage To Guy Fawkes  —  A few years back, two left-leaning writers, Andy and Lana Wachowski, adapted the story of Guy Fawkes, a Catholic radical who is remembered primarily for his failed attempt, on November 5, 1605, to blow up the Houses of Parliament and kill King James …
Allahpundit / Hot Air:
It's on: “Everybody Draw Mohammed Day” set for May 20th  —  Someone at Dan Savage's blog started it, then Michael Moynihan at Reason picked it up, now I feel obliged to help push it out there.  Says Moynihan: … Cue the predictable media squealing that “you'll only antagonize them!”
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Michael C. Moynihan / Hit & Run:
First Annual Everybody Draw Mohammad Day  —  Via Dan Savage's blog at The Stranger, some clever chappie (I don't know who) has declared May 20, 2010 “Everybody Draw Mohammad Day,” in support of Matt Stone and Trey Parker and in opposition to religious thuggery.  Why May 20?
New York Times:
Rating Agencies Shared Data, and Wall St. Seized on It  —  One of the mysteries of the financial crisis is how mortgage investments that turned out to be so bad earned credit ratings that made them look so good.  —  One answer is that Wall Street was given access to the formulas behind …
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New York Times:
Goldman Sachs Messages Show It Thrived as Economy Fell  —  In late 2007 as the mortgage crisis gained momentum and many banks were suffering losses, Goldman Sachs executives traded e-mail messages saying that they were making “some serious money” betting against the housing markets.
Ezra Klein:   Why do Harvard kids head to Wall Street? …
John / Power Line:
It Worked So Well For Bush...  Whenever President Bush talked about immigration, his approval ratings went down.  It was like clockwork: liberals never understood that the fatal decline in Bush's popularity during his second term had at least as much to do with his advocacy of “comprehensive immigration reform” as with war-weariness.
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Yvonne Wingett / Arizona Republic:
Arizona immigration bill ignites outcry from students and Latino advocates
Alia Beard Rau / Arizona Republic:
Arizona governor signs immigration law; foes promise fight
Dana Bash / CNN:
Sources: Votes lacking for immigration push in Congress  —  Washington (CNN) — The push for immigration reform may be on the front burner for congressional Democrats, but sources say that ultimately, they believe the issue is unlikely to have enough votes to pass.
Discussion: Gateway Pundit
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CNN:
Climate change legislation unlikely this year, say sources
Harry Esteve / Oregonian:
Protests, catcalls greet Sarah Palin supporters in Eugene … EUGENE — Former Alaska Gov. Sarah Palin, acknowledging she was visiting a strange, if not hostile, place, exhorted Lane County Republicans to rise up against government excesses and misplaced values of the Obama administration.
Discussion: CNN, Gateway Pundit and The Page
CNN:
In a blow to Giannoulias, family bank fails  —  The bank owned by the family of Illinois Senate candidate Alexi Giannoulias was closed by regulators on Friday.  —  Washington (CNN) - The bank owned by the family of Illinois Senate candidate Alexi Giannoulias was closed by regulators on Friday …
Discussion: Mediaite
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AZ Family / KMSB-TV:
Statement from Arizona Hispanic Republicans  —  The following is a statement from Arizona Hispanic Republicans in response to the passage of Senate Bill 1070:  —  Phoenix, AZ - Arizona Hispanic Republicans believe that it is unfortunate for Jan Brewer to support Pearce's bill.
Brian Stelter / New York Times:
Jon Stewart of ‘The Daily Show’ Takes On Fox News  —  George W. Bush and Dick Cheney are long gone.  Fox News Channel is Jon Stewart's new enemy No. 1.  —  Last week that comedian did something that the hosts of “Fox & Friends,” the morning show on Fox News, did not do …
Discussion: Prairie Weather
Dana Milbank / Washington Post:
Florida's Charlie Crist could use a hug  —  What is it about a man crush that is incompatible with the two-party system?  —  When a Democrat, Sen. Joe Lieberman, was kissed by George W. Bush on the House floor, the smooch became the symbol of Lieberman's embrace of the Bush war policies, and he was drummed out of the party.
Linda Greenhouse / Opinionator:
American (Judicial) Idol  —  Americans are justifiably proud of having given the world a model for the architecture of democratic self-government.  Democracies old and new have emulated the separation of powers and the idea of a constitutional court with the authority to review and invalidate actions of the other branches.
Discussion: TalkLeft
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Sam Stein / The Huffington Post:
White House Pushes Back On Schumer's Criticism Of Israel Policy  —  WHAT'S YOUR REACTION?  —  The Obama administration pushed back on Friday against critical comments made by Senator Chuck Schumer (D-N.Y) accusing the president of having a “counterproductive” policy on Israel.
RELATED:
Marc Ambinder / The Atlantic Online:
Gay Activists v. The White House: The Inside Story
Discussion: Dennis the Peasant
 
 
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 More Items: 
Robert Stacy McCain / The Other McCain:
‘This Is Alabama. We Speak English.’
CNN:
Obama calls for passage of financial reform bill
Discussion: The Politico
Ray Fisman / Slate:
A program designed to reduce energy consumption persuaded …
Discussion: The New Republic
Art Beast / The Daily Beast:
Edwards to Testify About Sex Tape
 Earlier Items: 
Jeanne Cummings / The Politico:
Greenpeace says no to energy bill
Discussion: DownWithTyranny!
Catherine Rampell / Economix:
M.I.T. Economist Wins John Bates Clark Medal
Tyler Cowen / Business Week:
When the Country Went Cold Turkey
Dan Pfeiffer / White House.gov Blog Feed:
A Practice That Will Soon Be Illegal