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10:20 AM ET, August 27, 2010

memeorandum

 Top Items: 
Paul Krugman / New York Times:
This Is Not a Recovery  —  What will Ben Bernanke, the Fed chairman, say in his big speech Friday in Jackson Hole, Wyo.?  Will he hint at new steps to boost the economy?  Stay tuned.  —  But we can safely predict what he and other officials will say about where we are right now …
RELATED:
Motoko Rich / New York Times:
U.S. Economy Slowed to 1.6% Pace in 2nd Quarter  —  Economic statistics released Friday offered the clearest sign yet that the recovery, already acknowledged to be sauntering, had slowed to a crawl.  —  The government lowered its estimate of economic growth in the second quarter to an annual rate …
Jim Puzzanghera / Los Angeles Times:
Weak GDP raises stakes for Obama, Fed  —  Growth figures are expected to show the economy is almost at a standstill, but the government is running out of options to rebuild momentum.  —  Reporting from Washington — The widening consensus that the U.S. economy has slowed to a crawl …
Discussion: The Page
John R. Parkison / ABCNEWS:
Tea Party Spells KKK, Rights Leader Says  —  Black Leaders Outraged Over ‘Restoring Honor’ Rally  —  A civil rights activist and former congressman equated the Tea Party with the Ku Klux Klan today as he blasted a conservative rally planned in Washington, D.C., this weekend.
RELATED:
Matt Taibbi / Rolling Stone:
Tea Party Rocks Primaries  —  Some shocking electoral results this week are providing new proof that the loony Tea Party movement has surged to levels of influence far beyond anything most of us could ever have imagined possible, with the key results coming in Arizona and Alaska.
Charles Krauthammer / Washington Post:
The last refuge of a liberal  —  Liberalism under siege is an ugly sight indeed.  Just yesterday it was all hope and change and returning power to the people.  But the people have proved so disappointing.  Their recalcitrance has, in only 19 months, turned the predicted 40-year liberal ascendancy (James Carville) into a full retreat.
Chris Pizzello / Associated Press:
Levi Johnston takes back his apology to Palin … ANCHORAGE, Alaska (AP) — Levi Johnston, the father of Sarah Palin's grandson, says he wishes he hadn't apologized for telling lies about the former Alaska governor because he's “never lied about anything.”  —  Johnston said in an interview on CBS' …
RELATED:
Sandhya Somashekhar / Washington Post:
Opponents of same-sex marriage target Iowa judges  —  DES MOINES - Politics is as much a mainstay of the Iowa State Fair as the deep-fried food and the cows sculpted out of butter.  But the crowds searching for a remote corner under the grandstand this week were not headed for one of the presidential hopefuls who routinely drop by.
RELATED:
Dave Cook / Christian Science Monitor:
No big media splash as Republican leader Ken Mehlman reveals he's gay
Sarah Palin / Facebook:
Union Brothers and Sisters, Join Our Commonsense Cause!  —  Two years ago almost to the day, I was thrilled to meet with union members at the Alaska AFL-CIO Convention in Anchorage to sign important job-creation legislation related to the Alaska Gasline Inducement Act.
Jordan Fabian / The Hill:
Miller says he is concerned Murkowski will ‘pull an Al Franken’  —  Joe Miller, the Republican candidate who is poised to knock off Sen. Lisa Murkowski (Alaska) in a primary contest, said Thursday he is concerned she will launch a protracted legal battle to save her seat.
Discussion: The Politico and Associated Press
RELATED:
Lori Montgomery / Washington Post:
Among Democrats, economic pressures are changing tax-cut dynamics  —  With the economy rapidly weakening, some senior Democrats are having second thoughts about raising taxes on the nation's wealthiest families and are pressing party leaders to consider extending the full array …
Discussion: Commentary and Balloon Juice
James Taranto / Wall Street Journal:
Who Is Michael Enright?  —  The suspect in an anti-Muslim hate crime worked for an outfit that backs the Ground Zero mosque.  —  “It's not even Islamophobia, it's beyond Islamophobia,” Daisy Khan, wife of Ground Zero mosque planner Feisal Abdul Rauf, told ABC's Christiane Amanpour Sunday.
RELATED:
William A. Jacobson / Le·gal In·sur·rec· tion:
Another Failed Eliminationist Narrative
John / Power Line:
Who's Stupid?  —  Lately there has been a rash of news stories and columns decrying the stupidity of Americans, mostly based on a finding by the Pew Research Center that 18 percent of Americans think that Barack Obama is a Muslim.  Predictably, the New York Times joined the pile-on with this column …
Discussion: Fox News and Wonkette
Jake Tapper / Political Punch:
White House Official: “We Know He Needs to Be Out There to Talk About the Economy Next Week”  —  President Obama's golf-filled vacation in Martha's Vineyard neared its close on Friday with more bad news on the economic front, as the Commerce Department's Bureau of Economic Analysts revised …
Discussion: The Page
Garance Burke / Associated Press:
SPIN METER: What Biden didn't mention on stimulus  —  FRESNO, Calif. — Vice President Joe Biden said this week that the Obama administration “hit the accelerator” toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs …
Discussion: Betsy's Page and Scared Monkeys
Jeff Poor / NewsBusters.org:
Cramer: ‘Mass Panic’ in Markets Tomorrow After ‘Shocker’ GDP Released  —  It is a curious phenomenon - the way the media have handled the economy since President Barack Obama has taken office.  Generally the coverage has been on the optimistic side over the last 18 months.
Discussion: Mediaite and Hot Air
Peter Finn / Washington Post:
Administration halts prosecution of alleged USS Cole bomber  —  The Obama administration has shelved the planned prosecution of Abd al-Rahim al-Nashiri, the alleged coordinator of the Oct. 2000 suicide attack on the USS Cole in Yemen, according to a court filing.
Discussion: Firedoglake and Commentary
Ssumner / TheMoneyIllusion:
Superfreakymacroeconomics  —  The following post is a sort of response to Raghuram Rajan's recent post at Freakonomics:  —  If you are a college econ teacher, you've had this experience.  You explain how an expansionary monetary policy can boost AD.  A student raises his hand:
RELATED:
 
 
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 More Items: 
Frank Newport / Gallup:
Muslims Give Obama Highest Job Approval; Mormons, Lowest
Discussion: CNN and Top of the Ticket
New York Times:
Generals Wary of Move to Cut Their Ranks
Discussion: Swampland
Joe Sudbay / AMERICAblog Gay:
Family Research Council has a really bad ad attacking Reid on DADT
Discussion: Pam's House Blend
Steve / The Investigative Project on Terrorism:
The Tangled Web of the GZM Imam's Organizations Raises Questions
Discussion: TUNDRA TABLOIDS and Israel Matzav
Wall Street Journal:
Scapegoating For-Profit Colleges
Ann Althouse / Althouse:
Fake outrage over Alan Simpson's twist on the phrase “sucking …
Discussion: NY Daily News and Hit & Run
Tommy Christopher / Mediaite:
‘Debate Marriage Proposal’ Segment Goes From Sweet to Awkward...to Weird
Discussion: Wonkette
 Earlier Items: 
Simon Johnson / Economix:
Fiscal Austerity and America's Future
The Huffington Post:
Dodd Questions Elizabeth Warren's Management Experience …
Discussion: Firedoglake and Daily Kos
Nathan Burchfiel / NewsBusters.org:
Chris Cuomo: Christians Shouldn't Condemn Jihad Because of Crusades
Discussion: Mediaite and Weasel Zippers
Adam Smith / The Buzz:
Crist nightmare? Rubio agrees to seven debates
Discussion: GOP 12 and The Page
Stephen Power / Washington Wire:
Obama Stance on Climate Suit Stuns Allies
Discussion: Climate Progress and Wonk Room
 

 
From Mediagazer:

Michael Msika / Bloomberg:
PE firm Blackstone offers ~$1.5B to purchase Hipgnosis, about 7% higher than the bid made earlier this week by Concord to which Hipgnosis' board had agreed

Ruth La Ferla / New York Times:
Graydon Carter opens a physical store called Air Mail Newsstand in NYC, as an extension of his digital newsletter Air Mail, selling books, magazines, and more

Clara Aberneithie / Press Gazette:
A look at The Cool Down, a climate-focused news outlet that makes $5M in programmatic advertising per year and aims to increase it to $12M per year in 2025

 
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