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5:40 PM ET, May 7, 2010

memeorandum

 Top Items: 
Christine Hauser / New York Times:
U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9%  —  The American economy added an unexpectedly strong 290,000 jobs in April, while the unemployment rate rose to 9.9 percent, the government said Friday.  —  Analysts had expected a gain of about 190,000 in the month.
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Phil Izzo / Real Time Economics:
Broader U-6 Unemployment Rate Increases to 17.1% in April  —  The U.S. jobless rate rose to 9.9% in April, the first increase in three months, but the government's broader measure of unemployment ticked up for the third month in a row, rising 0.2 percentage point to 17.1%.
Discussion: Hot Air, Clusterstock and Atlas Shrugs
Steve Benen / Washington Monthly:
AT LONG LAST, U.S. JOB MARKET STARTS TO LOOK PRETTY GOOD.... It seemed all but certain that the economy added jobs in April; the question was how many, and the extent to which the larger trend would be encouraging or discouraging.  —  With that in mind, the new from the Bureau of Labor Statistics offered …
Catherine Rampell / Economix:
Comparing This Recession to Previous Ones: Job Changes  —  Horizontal axis shows months.  Vertical axis shows the ratio of that month's nonfarm payrolls to the nonfarm payrolls at the start of recession.  Note: Because employment is a lagging indicator, the dates for these employment trends …
Discussion: Eschaton
Mike Allen / The Politico:
Obama's Court pick is imminent — POTUS to seek line-item veto — Britain sorting out ‘hung parliament’ — Did Dow tank on ‘fat finger error’?  — Palin + Facebook = Yahtzee  —  DRIVING NEXT WEEK — Look for President Obama to name his Supreme Court pick Monday, and look …
RELATED:
The Huffington Post:
Elena Kagan Will Be Obama's Supreme Court Pick: Mike Allen [UPDATE]  —  WHAT'S YOUR REACTION?  —  Updates below...  President Obama is expected to nominate Solicitor General and former Harvard Law dean Elena Kagan to the Supreme Court on Monday, Mike Allen reports.
Katharine Q. Seelye / New York Times:
Potential Court Pick Faced Dilemma at Harvard
Discussion: The Hill, Main Justice and RedState
Ben Smith / Ben Smith's Blog:
Kagan under fire on Goldman, minorities
Discussion: Salon, New York Times, The BLT and Raw Story
Christina Bellantoni / TPMDC:
Supremely Speculative — SCOTUS Talk Gets DC In A Lather
Dean Baker / TPMCafe:
Unwashed Masses 1, Fed 0: Sanders Scores  —  The effort to audit the Fed got a big boost last night when Senator Bernie Sanders reached an agreement with Chris Dodd, the chair of the banking committee.  Under the deal, the Government Accountability Office (GAO) would undertake a full audit …
RELATED:
The Huffington Post:
Senate Votes For Wall Street; Megabanks To Remain Behemoths
Joe / Joe. My. God.:
My Interview With Jo-Vanni Roman  —  Around 1am this morning I got tipped by one of the guys at Unzipped that Jo-Vanni Roman was finally ready to speak with me.  Five minutes later I had him on the phone from Fort Lauderdale, but not before I alerted Father Tony to be ready to rush over to him immediately for a video interview.
RELATED:
New York Times:
Policy Makers Seek to Calm Markets as Slide Continues  —  PARIS — Stocks slid again Friday in Europe after sharp falls in Asia, as policy makers around the globe sought to calm nervous investors who fear that Greece's debt crisis will spread within Europe and beyond.
RELATED:
BBC:
Brown ‘respects’ Clegg-Tory talks  —  Gordon Brown has said he “respects” the right of the Lib Dems to talk to the Tories about forming a government.  —  But he said he was still PM and, if talks failed, would open negotiations with the Lib Dems, after the election resulted in a hung parliament.
RELATED:
Andrew Malcolm / Top of the Ticket:
Al Franken takes over the U.S. Senate floor to explain a newspaper cartoon to the waiting nation  —  All we can say is thank goodness Minnesota's newest Democratic U.S. senator, Al Franken, was on duty Thursday.  —  We were poring through one of America's most glorious man-caused treasures …
Discussion: Hot Air
Greg Sargent / The Plum Line:
Prominent GOP pollster: Times Square bomb scare gives Republicans an “opportunity”  —  Whit Ayres is a prominent Republican pollster who has co-founded something called “Resurgent Republic,” which bills itself as a message testing outfit for GOP lawmakers — part of an effort by Republicans …
RELATED:
General David H. Petraeus / American Enterprise …:
The Surge of Ideas  —  COINdinistas and Change in the U.S. Army in 2006 … Good evening to you all.  Thanks for that warm welcome.  And thanks, Arthur, for that very kind introduction.  —  Earlier today, as I was talking with my wife about tonight's speech, she reminded me of a story …
Discussion: AmSpecBlog
RELATED:
David Brooks / New York Times:
Leading With Two Minds
Discussion: democracyarsenal.org
The Smoking Gun:
For Airport Security, Size Matters  —  Cops: New high-tech screener triggered fight over manhood insult  —  A Transportation Security Administration screener is facing an assault rap after he allegedly beat a co-worker who joked about the size of the man's genitalia after he walked through a security scanner.
RELATED:
Ezra Klein:
Secret holds are not the problem (but the Democrats would like to make them the problem)  —  I've never been able to get a straight answer on why, exactly, senators should be able to place anonymous holds on nominees.  I can see the arguments for holds themselves: They allow senators …
RELATED:
Meredith Shiner / The Politico:
GOP objects to 108 Obama nominees
Discussion: Hotline On Call and Wonkette
Steve Benen / Washington Monthly:
AN INANE LOOK AT THE NATIONAL DAY OF PRAYER.... Yesterday was the official “National Day of Prayer,” held annually on the first Thursday in May by congressional decree.  The “holiday,” such as it is, was a little more noticeable this year than most because of a recent federal court ruling …
New York Times:
High-Speed Trading Glitch Costs Investors Billions  —  The glitch that sent markets tumbling Thursday was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200.  —  The old system of floor traders matching buyers …
Gary Langer / ABCNEWS:
Poll: Half of ‘Birthers’ Call It ‘Suspicion’  —  Obama's Birthplace Has Been Subject of Controversy Since Election  —  Fourteen percent of Americans say without prompting that they think Barack Obama was born in another country, rising to one in five when those with no opinion are offered that as a possibility.
New York Times:
Regulator Deferred to Oil Industry on Offshore Rig Safety  —  WASHINGTON — Federal regulators warned offshore rig operators more than a decade ago that they needed to install backup systems to control the giant undersea valves known as blowout preventers, used to cut off the flow of oil from a well in an emergency.
Amanda Terkel / Think Progress:
The ‘Woodstock’ of Tea Parties planned for 9/11 anniversary.  —  Last year, the Tea Party movement gathered in Washington, DC for a widely publicized rally on Sept. 12.  Fox News host Glenn Beck, the brains behind the march, implored people to attend by saying that they “may be the only thing that stands between freedom and slavery.”
New York Times:
Bill Targets Citizenship of Terrorists' Allies  —  WASHINGTON — Proposed legislation that would allow the government to revoke American citizenship from people suspected of allying themselves with terrorists set off a legal and political debate Thursday that scrambled some of the usual partisan lines on civil-liberties issues.
 
 
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 More Items: 
Ryan J. Reilly / Main Justice:
Holder to Make Sunday Show Debut
Cristina Silva / MiamiHerald.com:
Push for Florida bestiality law goes ‘back to square one’
Discussion: Think Progress
Frank Newport / Gallup:
Americans No Less Worried About Healthcare Costs
Discussion: Wonk Room and TPMDC
John M. Broder / New York Times:
Graham Calls for ‘Pause’ in Pursuing Energy Bill
Discussion: The Page
David Weigel / Right Now:
Mark Penn's tragically timed case of Cleggmania
Megan McArdle / The Atlantic Online:
This is Your War on Drugs  —  Andrew has already posted this …
Discussion: alicublog
Kos / Daily Kos:
IL-Sen: Illinois Dems slip
Discussion: TPMDC and Taegan Goddard's …
 Earlier Items: 
Jonathan Saltzman / Boston Globe:
Case is made vs. US marriage law
Caroline Glick:
Time to plan for war  —  So much for US President Barack Obama's …
Discussion: Atlas Shrugs and protein wisdom
Dave Itzkoff / ArtsBeat:
Michael Moore Says Judge's Ruling Could Have ‘Chilling Effect’ on Documentaries
Yves Smith / naked capitalism:
On the Fat Fingered Trade and Market Freakout