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11:15 AM ET, May 21, 2010

memeorandum

 Top Items: 
Mark S. Smith / Associated Press:
Rodent scurries by as Obama lauds Wall Street vote  —  WASHINGTON - In his battle with the titans of Wall Street, President Barack Obama almost got upstaged by a rat.  —  But he didn't even seem to notice.  Assuming that's what it was, scurrying in front of his podium Thursday in a sun-drenched Rose Garden.
RELATED:
Paul Krugman / New York Times:
Lost Decade Looming?  —  Despite a chorus of voices claiming otherwise, we aren't Greece.  We are, however, looking more and more like Japan.  —  For the past few months, much commentary on the economy — some of it posing as reporting — has had one central theme: policy makers are doing too much.
New York Times:
Major Parts of the Financial Regulation Overhaul
Discussion: Felix Salmon, The Awl, Truthdig and DealBook
Silla Brush / The Hill:
Wall Street bill nearing finish line as Senate passes legislation
Discussion: CNN, The Politico and FrumForum
Michael O'Brien / The Hill:
Kaufman: Final Wall Street reform bill can't differ too much from Senate version
Ezra Klein:
Wonkbook: FinReg passes; conference committee looms; joblessness is up
The Huffington Post:
Wall Street Power Play: Bankers In Bizarre Showdown With Auto Dealers
Discussion: Firedoglake
The Politico:
Rand Paul's trial by misfire  —  When Kentucky Republicans cast their lot with Rand Paul, they figured they'd found a genuine outsider who wouldn't kowtow to the old ways of Washington.  —  They were right about that.  —  Just days after roaring through the Republican Senate primary …
RELATED:
Washington Post:
Rand Paul comments about civil rights stir controversy  —  Two days after becoming the newest symbol of “tea party” politics, Republican Senate candidate Rand Paul of Kentucky thrust himself, his party and the movement into an uncomfortable conversation about the federal government's role …
Jonathan Weisman / Washington Wire:
Rand Paul Is At It Again  —  Kentucky Republican Senate candidate Rand Paul, who drew wide attention this week for his reluctant embrace of the 1964 Civil Rights Act, said this morning that President Barack Obama's criticism of BP has sounded “really un-American.”
Mark Tapscott / Beltway Confidential:
More Rand flaps to come and not just in Kentucky
Discussion: sisu and Liberty Pundits Blog
Peter Hamby / CNN:
Paul: ‘News cycle has gotten out of control’
New York Times:
Tea Party Pick Causes Uproar on Civil Rights
Political Punch:
Exclusive: President Obama To Replace Director of National Intelligence Dennis Blair*  —  ABC News has learned that President Obama will replace the Director of National Intelligence, Admiral Dennis Blair (ret.) His resignation will come as soon as tomorrow, sources tell ABC News.
RELATED:
The Atlantic Online:
Night Beat: Clapper, And What's Next For The Intelligence Community
Discussion: WXYZ-TV and MyDD
reason-contest.s3.amazonaws.com:
And The Winner of The Everybody Draw Mohammad Contest is...  To remind readers of the stakes: In recent months, a Swedish cartoonist that sketched Mohammed as a “roundabout dog” as part of a planned street installation was assaulted during a lecture and, the following week, two extremists attempted to burn his house down.
RELATED:
Ed Driscoll / Instapundit:
EVERYBODY 404 MOHAMMED DAY: Michael Totten noted at the start of the day that Pakistan placed itself under a firewall today, blocking access to Facebook and YouTube, in anticipation of “Everybody Draw Mohammed Day.”  Perhaps they needn't have bothered, since, as a reader just emailed …
David Brooks / New York Times:
The Story of an Angry Voter  —  Let's imagine a character named Ben.  A couple of decades ago, Ben went to high school.  —  It wasn't easy.  His parents were splitting up.  His friends would cut class to smoke weed.  His sister got pregnant.  But Ben worked hard and graduated …
NEWS.com.au:
'I'm a Marxist' says Dalai Lama, but agrees capitalism has helped China  —  TIBETAN spiritual leader the Dalai Lama says he's a Marxist, yet credits capitalism for bringing new freedoms to China, the communist country that exiled him.  —  “Still I am a Marxist,” the exiled Tibetan Buddhist leader …
Phil Willon / Los Angeles Times:
Chuck DeVore has a staunch conservative record  —  The Senate candidate is a veteran of politics who portrays himself as an outsider.  —  Chuck DeVore argues that his military experience gives him an edge over his primary rivals.  (Gary Friedman / Los Angeles Times)
John / Power Line:
Arizona Digs In  —  Repeated attacks on the citizens of Arizona by President Obama and many others have done nothing to dim Arizona's support for immigration law enforcement.  On the contrary: a remarkable 71 percent of Arizona voters now support that state's new immigration law, up from 64 percent last month.
Oscar Avila / Chicago Tribune:
Immigration crackdown for Illinois  —  Feds to step up enforcement  —  In the midst of an outcry over illegal immigration and Arizona's new crackdown, a top Department of Homeland Security official visiting Chicago on Wednesday said his agency intended to step up enforcement in places such as Illinois.
RELATED:
Charles Krauthammer / Real Clear Politics:
The Fruits of Weakness  —  WASHINGTON — It is perfectly obvious that Iran's latest uranium maneuver, brokered by Brazil and Turkey, is a ruse.  Iran retains more than enough enriched uranium to make a bomb.  And it continues enriching at an accelerated pace and to a greater purity (20 percent).
Matt Corley / Think Progress:
Paul Calls White House Pressure On BP ‘Un-American,’ Says That ‘Sometimes Accidents Happen’  —  In an interview on ABC News' Good Morning America today, host George Stephanopoulos pressed GOP Kentucky Senate candidate Rand Paul on “how far” he would “push” his anti-government views.
Molly K. Hooper / The Hill:
Constitution is this year's big best-seller  —  Demand for copies of the U.S. Constitution is skyrocketing.  —  The increased interest comes amid the rise of the Tea Party movement and as both parties cite the Constitution to advance their agendas.  —  The pocket edition of the Constitution …
Discussion: Politics Daily
Peter Nicholas / Los Angeles Times:
Democrats point the finger at Obama's chief of staff for immigration reform's poor progress  —  Rahm Emanuel, who in the past referred to the issue as the ‘third rail of American politics,’ has argued privately that it's a bad time to push an immigration bill.
Discussion: Commentary and Betsy's Page
 
 
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 More Items: 
John McArdle / The Eye:
UPDATED: NRSC Outraises DSCC in April
Discussion: Prairie Weather, The Page and SENATUS
Mick Dumke / Chicago Reader:
Mayor Daley Threatens to Shoot the Messenger—Namely, Me
Discussion: Hot Air, Moe Lane and Top of the Ticket
John Stossel:
Tonight's Show: The First Amendment
Jacob Gershman / Wall Street Journal:
Cuomo's Message: Don't Cross Me
Discussion: The Page
Mark Landler / New York Times:
Clinton Condemns Attack on South Korean Ship
The Hill:
Unions to spend $100M in 2010 campaign to save Dem majorities
 Earlier Items: 
Ron Wyden / Washington Post:
Bipartisanship shouldn't be a political death sentence
Discussion: Matthew Yglesias and FrumForum
Charlie Savage / New York Times:
House Panel Rejects a Plan to Shift Detainees to Illinois
Discussion: The Foundry, TalkLeft and Betsy's Page
Roger Cohen / New York Times:
America Moves the Goalposts
Discussion: Informed Comment
Wall Street Journal:
Facebook, MySpace Face Privacy Loophole
Discussion: Mashable!, Gawker and TechCrunch
Roxana Tiron / The Hill:
Gates: Obama would veto defense authorization bill over F-35 engine
Discussion: Think Progress, The Politico and CNN