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11:55 PM ET, May 6, 2010

memeorandum

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Wall Street Journal:
Dow Takes Harrowing 1,010.14-Point Trip  —  Biggest Point Fall, Before a Snapback; A Data Jumble  —  Traders work on the floor of the New York Stock Exchange May 6.  —  A bad day in the financial markets was made worse by an apparent trading glitch, leaving traders and investors nervous …
BBC:
Tories set to be largest party  —  The Conservatives are on course to be the largest party in a hung parliament, after nearly 400 election results.  —  Tory leader David Cameron said it was “clear that the Labour government has lost its mandate to govern”.
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Andrew Sparrow / Guardian:
General election 2010: results - live!  —  • Exit poll shows Con 305, Lab 255, LD 61  —  • Swing from Labour to Tories so far: 4.8%  —  • Cameron says Labour has lost mandate to govern  —  • Lib Dems are doing worse than expected  —  • NI first minister Peter Robinson …
FiveThirtyEight:
Liveblog: UK Election Returns  —  4:39 [Daniel B.]  Jaqui Smith, bye, bye.  Con gain on 43.5 to 30.3 — 9 point swing.  —  4:36 [Renard] Hold for the Lib Dems in Carshalton & Wallington.  Pulled a 4.3 point swing from the Tories.  —  4:33 [Nate] Good hold for Labour in Luton South …
Sarah Palin / Facebook:
Let's shake it up in California!  —  I'd like to tell you about a Commonsense Conservative running for office in California this year.  She grew up in a modest home with a school teacher dad, worked her way through several colleges, and then entered an arena where few women had tread.
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Andrew Romano / Newsweek Blogs:
Why the Media Ignored the Nashville Flood  —  As you may have heard, torrential downpours in the southeast flooded the Tennessee capital of Nashville over the weekend, lifting the Cumberland River 13 feet above flood stage, causing an estimated $1 billion in damage, and killing more than 30 people.
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ABCNEWS:
Sources: Shahzad Had Contact With Awlaki, Taliban Chief, and Mumbai Massacre Mastermind  —  Faisal Shahzad Said To Have Linked Up With Taliban Through Internet, But Already High-Placed Contacts  —  Accused Times Square Bomber Faisal Shahzad linked up with the Pakistani Taliban through the internet …
Dina Temple-Raston / NPR:   How Media Coverage Crimped The Times Square Case
Behroz Khan / Christian Science Monitor:
Pakistan Taliban disavow Times Square bomb suspect Faisal Shahzad
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Shawn Tully / Fortune:
Documents reveal AT&T, Verizon, others, thought about dropping employer-sponsored benefits  —  (Fortune) — The great mystery surrounding the historic health care bill is how the corporations that provide coverage for most Americans — coverage they know and prize — will react …
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Miami New / Riptide 2.0:
George Rekers Is a Homosexual, Escort Says  —  Rekers allegedly named his favorite maneuver the “long stroke” — a complicated caress “across his penis, thigh... and his anus over the butt cheeks,” as the escort puts it.  “Rekers liked to be rubbed down there,” he says.
Russell Berman / The Hill:
Pelosi: ‘Be very careful’ about Lieberman, Brown terror citizen bill  —  House Speaker Nancy Pelosi said she likes the “spirit” of a proposal to strip the citizenship of Americans who join terrorist groups but stopped short of backing the measure.  —  The bill introduced Thursday by Sens. Joseph Lieberman …
Discussion: pa2010.com, The Politico and CNN
RELATED:
Adam Serwer / American Prospect:
They're Calling It the “TEA” Act.
Discussion: Crooks and Liars and Hullabaloo
Jeff Cox / CNBC:
Greek Debt Crisis On Verge Of ‘Going Global’: Pimco's El-Erian  —  Problems with Greek debt are about to spread to other countries and could infect the US unless the nation tackles its own mounting problems, Pimco's Mohamed El-Erian told CNBC.  —  About an hour or so after El-Erian spoke …
RELATED:
Megan McArdle / The Atlantic Online:
What the Hell Just Happened in the Market?
Discussion: Business Week and New Atlanticist
George Kiriyama / NBC Bay Area:
Students Kicked Off Campus for Wearing American Flag Tees  —  Freedom of expression or cultural disrespect on Cinco de Mayo?  —  TWITTER  —  On any other day at Live Oak High School in Morgan Hill, Daniel Galli and his four friends would not even be noticed for wearing T-shirts with the American flag.
RELATED:
Michael O'Brien / The Hill:
Dems come out swinging against GOP consumer protection measure  —  Democrats came out swinging Thursday against a Republican proposal to change consumer protection rules in the new Wall Street reform bill.  —  President Barack Obama and Democrats in Congress loudly criticized an amendment …
Discussion: The Politico and CNN
RELATED:
Brady Dennis / Washington Post:
With 2 Republicans, financial overhaul bill moves toward approval
Discussion: Indecision Forever
Spencer Ackerman / The Washington Independent:
Pentagon Bans Four Journalists From Guantanamo Bay for Reporting Interrogator #1's Name  —  GUANTANAMO BAY — Two weeks' worth of proceedings in the pre-trial hearing of Omar Khadr found an unexpected meta-conclusion this afternoon as the public affairs shop in the Office of the Secretary …
RELATED:
Spencer Ackerman / The Washington Independent:
Khadr Was Told a ‘Fictitious Story’ About a Young Afghan Being Raped and Killed
Discussion: Raw Story and Emptywheel
Kevin D. Williamson / The Corner on National …:
Eric Cantor: Not Jewish Enough for Matt Yglesias — By: Kevin D. Williamson  —  I hate even to take notice of this sort of thing, but it is bothersome: … Just as Clarence Thomas and Condoleezza Rice are abominated for the crime of being black and conservative, Miguel Estrada for being Hispanic …
Alex Isenstadt / The Politico:
DCCC to ‘re-evaluate’ Hawaii special  —  The Democratic Congressional Campaign Committee is re-evaluating whether to continue to spend money in this month's Hawaii special election, Chairman Chris Van Hollen told POLITICO Thursday.  —  With former Democratic Rep. Ed Case …
Joe Weisenthal / Silicon Alley Insider:
THE MOST EXCITING MOMENT IN CNBC HISTORY: Jim Cramer Saves The Market  —  If you missed it, here's the instant-classic video of Erin Burnett and Jim Cramer going nuts together as the Dow collapsed and then rebounds  —  Check our more artistic version of the day's events …
Genaro C. Armas / Associated Press:
Dems fear losing four-decade grip on Pa. seat  —  JOHNSTOWN, Pa. — In what was the late U.S. Rep. John Murtha's western Pennsylvania district — reachable through John Murtha Johnstown-Cambria County Airport or John P. Murtha Highway — Democrats watch nervously, hoping his former top aide can hold on to the House seat.
Ezra Klein:
Dick Durbin: Let my nominees go!  —  The Senate confirmation process has bogged down.  Sometimes, the delay is public, as when Richard Shelby placed a hold on all nominees.  Sometimes, the delay is opaque, as in the case of secret holds.  But the outcome has been a dysfunctional process …
Discussion: CNN and The Hill
Beth Reinhard / MiamiHerald.com:
Poll: Charlie Crist holds lead in U.S. Senate race — for now  —  Gov. Charlie Crist holds an early lead as an independent candidate in the U.S. Senate race, but his edge is a “proverbial house of cards,” according to a new poll, because support from Democratic and black voters is unlikely to hold up through the Nov. 2 election.
David Catanese / The Politico:
Dem chair: Sestak win ‘cataclysmic’  —  The chairman of the Pennsylvania Democratic Party issued a severe warning to members of his party this week, declaring that nominating Rep. Joe Sestak over Sen. Arlen Specter could have “cataclysmic” consequences for the Senate campaign this fall.
 
 
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 More Items: 
Nicholas Wade / New York Times:
Signs of Neanderthals Mating With Humans
Discussion: Guardian
Julius Genachowski / The National Broadband Plan:
IN THIS STATEMENT  —  Many have asked about the FCC's next steps …
John Amato / Crooks and Liars:
Charles Barkley, Kenny Smith and Chris Webber blast Arizona's SB 1070 …
Associated Press:
“Cash for Caulkers” Bill Passes House
Discussion: CNN and The Hill
Paul / Power Line:
The stealth law professor
Jim Geraghty / National Review:
Ranking Those 99 House Races By Degree of Difficulty for GOP Challengers
Discussion: Newsbroke
 Earlier Items: 
Brad DeLong / Grasping Reality with Both Hands:
Surveillance Over the Federal Reserve: On the Sanders Amendment …
David Gelernter / Weekly Standard:
See No Evil  —  Daniel Pipes is one of several commentators …
Discussion: National Review
Washington Times:
Ex-CIA lawyer: Gitmo IDs graver than Plame leak
Discussion: Emptywheel
The ChamberPost:
Truth is the First Casualty of Kos