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7:40 PM ET, August 23, 2011

memeorandum

 Top Items: 
Katharine Q. Seelye / New York Times:
5.8-Magnitude Earthquake Strikes East Coast  —  A 5.8-magnitude earthquake based in Virginia sent tremors from the nation's capital to New York City and New England Tuesday afternoon, officials said.  —  Buildings throughout major metropolitan centers in the northeast were evacuated after the quake …
RELATED:
Media Matters / Media Matters for America:
Conservatives Can't Decide If Obama Was Too Busy Golfing Or Biking To Stop The Earthquake  —  Following the 5.8 magnitude earthquake that shook the D.C. region this afternoon, conservative media figures have responded the only way they know how: by twisting it into an attack on Obama's vacation in Martha's Vineyard.
Doug Stanglin / USA Today:
5.9 magnitude quake rocks East Coast  —  A 5.9 magnitude quake center in Virginia rocks the East Coast, with tremors felt as far south as North Carolina, as far north as Buffalo and Boston, and as far west as Detroit.  —  Update at 2:30 p.m. ET: The Washington Post quotes a a USGS official as saying …
The Note:
Obama Golfing in Martha's Vineyard When Earthquake Hit  —  ABC News' Stephanie Smith and David Kerley (@david_kerley) report:  —  Talk about early warning.  The majority of the White House press corps, camped out at a hotel at Martha's Vineyard, was keeping a close eye on our computers and emails.
Alexis Madrigal / The Atlantic Online:
How Did So Many People Feel a 5.9 Earthquake in Richmond, Virginia?  —  People from South Carolina to New York to Akron, Ohio felt an earthquake that struck near Richmond, Virginia this afternoon.  It was a rare earthquake for the eastern seaboard and a rare kind of earthquake, in general.
Fox News:
Magnitude 5.8 Earthquake Hits Virginia, Sends Shockwaves Throughout East Coast  —  An unusually strong magnitude 5.8 earthquake struck central Virginia Tuesday afternoon and sent tremors along the East Coast, which prompted office buildings from Washington D.C. to New York to be evacuated.
Jim Hoft / The Gateway Pundit:
Earthquake Rattles Washington DC - Obama Goes Biking
Melissa Bell / Washington Post:
East Coast earthquake: 5.9 magnitude epicenter hits Virginia
Discussion: Taylor Marsh and Instapundit
Tina Korbe / Hot Air:
5.9 magnitude earthquake hits Mineral, Va.
Tom Jensen / Public Policy Polling:
Perry takes the lead in Iowa  —  Rick Perry is the new leader in Iowa:  —  The race is pretty close four ways in Iowa but Rick Perry is the new favorite among Republican voters in the state.  Among announced candidates he's at 22% to 19% for Mitt Romney, 18% for Michele Bachmann, and 16% for Ron Paul.
RELATED:
Tom Jensen / Public Policy Polling:
Obama tops Perry  —  Rick Perry is looking increasingly like the Republican favorite for President- he led in the Iowa poll we released this morning and he leads by double digits in the national poll we'll release tomorrow.  The biggest beneficiary of Perry's rise?  It might be Barack Obama.
Discussion: GOP 12 and Taegan Goddard's …
Steve Kornacki / Salon:
How to make Sarah Palin disappear  —  The safe bet remains that Sarah Palin is simply engaged in a long and tiresome tease.  Every few weeks comes some new sign of her supposedly imminent entry into the GOP presidential race, but nothing ever seems to happen.
Henry Blodget / Politics:
Here's Why Bank Of America's Stock Is Collapsing Again  —  It's deja vu all over again.  —  The stock of a humongous American bank, Bank of America (BAC), is collapsing.  —  This is stoking fears that Bank of America will go bust, taking the whole economy down with it.  —  Why is Bank of America's stock tanking?
RELATED:
Douglas A. McIntyre / 24/7 Wall St.:
JP Morgan May Take Over Bank Of America  —  There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will take over Bank of America (NYSE: BAC) within the week.  The government will support the deal with a $100 billion investment in preferred shares issued by the combined entity.
Matthew Yglesias / ThinkProgress:
Bank Nationalization Proposals Are Back
Discussion: TalkLeft and Politics
emptywheel:
CantorQuake: Trembling at the Heart of GOP Claims We Don't Need Government  —  Back in March, after the Japanese earthquake, Eric Cantor defended Republican plans to cut funding from the USGS and warning systems to help in case of a disaster.  —  This is the epicenter of the freak 5.9 Richter earthquake that just hit Virginia.
Discussion: AMERICAblog News
RELATED:
Wall Street Journal:
Virginia Nuclear Plant Loses Power After Quake  —  A nuclear power plant in central Virginia has lost offsite power in the wake of a 5.8 earthquake centered northwest of Richmond, Va., U.S. nuclear officials said.  —  The North Anna Power Station, which has two nuclear reactors …
Greg Sargent / Washington Post:
Perry campaign distances him from book's call for repeal of 16th Amendment  —  Rick Perry's campaign is now distancing him from another controversial claim in his book: That we should repeal the 16th Amendment and replace it with a “Fair Tax,” a radical idea that's still rattling around in some precincts on the right.
RELATED:
Brian Beutler / TPMDC:
Perry Backs Radical National Sales Tax Plan To Starve Federal Government
The Politico:
Conservative elites pine for 2012 hero  —  It's a tough time to be a conservative intellectual.  —  From the Weekly Standard to the Wall Street Journal, on the pages of policy periodicals and opinion sections, the egghead right's longing for a presidential candidate of ideas …
Reid J. Epstein / Reuters:
Kucinich: Haul generals to court  —  NATO commanders who authorized the Libya bombing campaign should be “held accountable” to international law and hauled before the world court for civilian deaths, Rep. Dennis Kucinich (D-Ohio) said Tuesday.  —  “NATO's top commanders may have acted under color …
Mackenzie Weinger / The Politico:
Study: 8 in 10 lawmakers lack education in economics  —  Almost 80 percent of lawmakers might need to crack open an economics textbook before the congressional recess ends, a new study on Tuesday suggests.  —  The vast majority of members lack an academic background in business or economics …
Discussion: Weasel Zippers
Joe Nocera / New York Times:
How Democrats Hurt Jobs  —  The airplane's aft section arrived early Monday morning.  That's what they'd been waiting for at the final assembly plant in North Charleston, S.C. They already had the wings, the nose, the tail — all the other major sections of Boeing's new 787 Dreamliner.
Carrie Budoff Brown / Reuters:
1 quake, and 2 missed golf shots  —  OAK BLUFFS, Mass. - President Obama gave the media a rare glimpse Tuesday into his treasured golf game, taking the unusual step of inviting reporters to watch him putt on a public course here.  —  The visual of a shirt-sleeved president …
New York Times:
Rebels Storm Qaddafi Compound  —  TRIPOLI, Libya — Rebel fighters flooded into Col. Muammar el-Qaddafi's sprawling compound on Tuesday, overwhelming what remained of its defenses, running pell-mell through the grounds and ransacking caches of weapons, as the crackle of gunfire and rumble …
Hoover Institution:
How Is Warren Buffett Like the Pope?  —  by Richard A. Epstein (Peter and Kirsten Bedford Senior Fellow and member of the Property Rights, Freedom, and Prosperity Task Force)  —  They are both dead wrong on economic policy.  —  The terrible economic news from both Europe and the United States …
Winnie Hu / New York Times:
Dean of Columbia College Resigns After Two Years  —  The dean of Columbia College has abruptly resigned over what she called administrative changes that would diminish or eliminate her authority, leaving the undergraduate division of Columbia University without a leader two weeks before the start of classes.
KMSB-TV:
State Senator officially announces looking at run for Giffords' seat  —  TUCSON, Ariz. — The cat got out of the bag last week when a blogger posted that State Senator Frank Antenori planned to form an exploratory committee ahead of a possible run for Gabrielle Giffords' seat in Congress.
Discussion: Ballot Box and The Raw Story
Todd Starnes / Fox News:
New Jersey School District Yanks Lesbian Sex Book From Required Summer Reading List  —  A New Jersey school district has apologized to parents after requiring high school students to read books that include graphic depictions of lesbian sex and a homosexual orgy.
Discussion: ThinkProgress and Don Surber
Richard A. Posner / The New Republic:
Let's Be Honest: We're in a Depression, Not a Recession, And There's No End In Sight  —  This article is a contribution to ‘Is There Anything That Can Be Done?  A TNR Symposium On The Economy.’ Click here to read other contributions to the series.  —  If the notion that we are merely living through …
Discussion: Hot Air and Outside the Beltway
Robert Barnes / Washington Post:
Rick Perry holds the record on executions  —  Darren McCollester/GETTY IMAGES - PEMBROKE, NH - AUGUST 18: Republican presidential candidate and Texas Governor Rick Perry speaks to workers at Epoch Homes August 18, 2011 in Pembroke, New Hampshire.  Perry has been campaigning since he declared …
cbpp.org:
Raising Medicare's Eligibility Age Would Increase Overall Health Spending and Shift Costs to Seniors, States, and Employers  —  Raising Medicare's eligibility age from 65 to 67, which the new Joint Select Committee will likely consider this fall as a deficit-reduction measure …
 
 
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 More Items: 
Mark Trumbull / Christian Science Monitor:
US should raise taxes to help fix deficits, say business economists
Discussion: ThinkProgress and Daily Kos
Ezra Klein / Washington Post:
Is welfare reform working?
Melissa Korn / Wall Street Journal:
Party Ends at For-Profit Schools
Discussion: ThinkProgress and Gawker
The Independent:
Peter Ackroyd: ‘Rioting has been a london tradition for centuries’
The Daily Beast:
Obama Needs a New Tune
 Earlier Items: 
Josh Marshall / Talking Points Memo:
Earthquake!  —  About five minutes ago I got a call …
Discussion: TPMDC and Balloon Juice
Greg Postel / Washington Post:
Hurricane Irene may hug East Coast rather than track inland
Discussion: DCist
Matthew Yglesias / ThinkProgress:
The President Should Call Some Economists
Felix Salmon:
How to get $12 billion of gold to Venezuela
Discussion: Fausta's Blog
Andrew Malcolm / Top of the Ticket:
New national debt data: It's growing about $3 million a minute, even during his vacation