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12:25 PM ET, August 26, 2011

memeorandum

 Top Items: 
Board of Governors of the Federal Reserve System:
The Near- and Longer-Term Prospects for the U.S. Economy  —  Good morning.  As always, thanks are due to the Federal Reserve Bank of Kansas City for organizing this conference.  This year's topic, long-term economic growth, is indeed pertinent—as has so often been the case at this symposium in past years.
RELATED:
Paul Krugman / New York Times:
Bernanke's Perry Problem  —  As I write this, investors around the world are anxiously awaiting Ben Bernanke's speech at the annual Fed gathering at Jackson Hole, Wyo. They want to know whether Mr. Bernanke, the chairman of the Federal Reserve, will unveil new policies that might lift …
Matthew Yglesias / ThinkProgress:
At Jackson Hole, Bernanke Tells The Nation He'll Deliver High Unemployment For Years  —  As I urged below, I think the most important part of Ben Bernanke's speech today is what it does to shape expectations.  The news isn't good.  Ben Bernanke is telling people not only that the Fed …
Alexander Bolton / The Hill:
GOP lawmakers warn Bernanke against QE 3
James Hohmann / The Politico:
Pataki not running-Perry talking with Trump-Romney, Bachmann staying the course-Huntsman's purple tie-Kimball: Never Quit-GOP turning on Palin  —  SCORE EXCLUSIVE - TRUMP TALKING WITH PERRY: Rick Perry has been speaking with Donald Trump by phone since wading into the presidential race, a Trump representative told Morning Score.
RELATED:
Simonhernandezarthur / CNN:
Source: Pataki decides against White House run  —  WASHINGTON (CNN) - Former New York Gov. George Pataki will not run for the Republican presidential nomination, a source close to him told CNN.  —  Pataki, who had been flirting with a White House bid for months, was scheduled to appear …
Wall Street Journal:
Perry's Popping-Off Problem  —  The Republican candidate comes across well as consistent and sincere, but his quick-draw machismo will scare voters away.  —  Rick Perry this week roared away from the pack.  Gallup had him the party favorite, with 29% of Republicans and Republican-leaning …
CNN:
Bachmann's warning to South Carolina voters
Discussion: Healthwatch
Marin Cogan / The Politico:
Nikki Haley joins Michele Bachmann town hall
Discussion: ThinkProgress and CNN
Nate Silver / FiveThirtyEight:
A New York Hurricane Could Be a Multibillion-Dollar Catastrophe  —  Time to think about the unthinkable.  What if a major hurricane were to pass close to New York City, as several forecasting models now suggest that Hurricane Irene might?  —  Apart from the inevitable loss of life …
RELATED:
Chris Cassidy / Boston Herald:
President Obama's posse stays put as tourists flee  —  MARTHA'S VINEYARD — A sun-soaked relaxer-in-chief spent close to five hours at a private Edgartown beach with the first family yesterday — still with no plans to cut the presidential vacation short while other islanders heeding the threat …
Discussion: Althouse
David Brooks / New York Times:
President Rick Perry?  —  A few weeks ago it was possible to believe that Mitt Romney would win the New Hampshire primary and cruise easily to the Republican nomination.  It's harder to see that now.  —  There have been a slew of polls showing Gov. Rick Perry of Texas surging to double-digit national leads.
RELATED:
Tommy Christopher / Mediaite:
‘Angry’ Mitt Romney ‘Loses His Cool’ With Voter At New Hampshire Town Hall
Ashley Parker / New York Times:
On Trail, Casual Friday Versus Boardroom Cool
Discussion: CNN
Catherine Whittenburg / www2.tbo.com:
Welfare drug-testing yields 2% positive results  —  TALLAHASSEE —  Since the state began testing welfare applicants for drugs in July, about 2 percent have tested positive, preliminary data shows.  —  Ninety-six percent proved to be drug free — leaving the state on the hook to reimburse the cost of their tests.
RELATED:
Steve Benen / Washington Monthly:
When bad governors try bad ideas  —  Florida Gov. Rick Scott (R) came up with an idea he considered pretty clever.  First, he told Floridians that people on welfare were more likely to be drug addicts.  What did Scott base this on?  Nothing in particular — he seemed to just make it up — but Scott was quite fond of the argument.
Discussion: Eschaton
NY Daily News:
Giant rat killed by pitchfork in Marcy Houses is believed to be Gambian pouched rat  —  It sounds like an urban legend: giant mutant-looking rats roaming a city housing project.  —  Only there's a picture.  —  A photo making the rounds shows Housing Authority worker Jose Rivera minutes …
Andrew Orlowski / The Register:
CERN: ‘Climate models will need to be substantially revised’  —  New atomsmasher research into cloud formation  —  CERN's 8,000 scientists may not be able to find the hypothetical Higgs boson, but they have made an important contribution to climate physics, prompting climate models to be revised.
BBC:
Abuja attack: Car bomb hits Nigeria UN building  —  The BBC's Bashir Sa'ad Abdullahi says all of the glass at the front of the building has been blown out  —  At least 18 people have been killed in an apparent suicide car bombing at the United Nations headquarters in the Nigerian capital, Abuja.
RELATED:
Eric Felten / Wall Street Journal:
Guitar Frets: Environmental Enforcement Leaves Musicians in Fear  —  Federal agents swooped in on Gibson Guitar Wednesday, raiding factories and offices in Memphis and Nashville, seizing several pallets of wood, electronic files and guitars.  The Feds are keeping mum, but in a statement …
Discussion: Michelle Malkin and Don Surber
Tim Mak / The Politico:
NLRB OKs new rule, faces new controversy  —  The National Labor Relations Board, already under attack from conservatives concerned about regulatory overreach, is requiring that businesses must post information in the workplace telling employees about their rights to unionize.
Discussion: Weasel Zippers and Balloon Juice
Jennifer Steinhauer / New York Times:
For Some in G.O.P., a Tax Cut Not Worth Embracing  —  WASHINGTON — It is hard to find a tax cut that Congressional Republicans dislike.  Unless it is a tax cut pushed by President Obama.  —  In a turning of the tax policy tables, Democrats are increasingly hammering on Republicans who oppose …
Discussion: Modeled Behavior and msnbc.com
Mary Fitzgerald / The Irish Times:
Gadafy daughter who ‘died’ in 1986 alive  —  The adopted daughter of Muammar Gadafy, whom he claimed died as an infant in the 1986 US bombing of his Tripoli compound, appears to be alive and worked as a doctor in the Libyan capital, documents discovered by The Irish Times indicate.
 
 
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 More Items: 
Douglas Burns / Iowa Independent:
Santorum Q&A: Marriage for gays threatens religious freedom
Claudia Vargas / Philly.com:
Camden to pay students $100 in anti-truancy program
Discussion: Joanne Jacobs
Jonah Goldberg / National Review:
My Rick Perry Problem — and Ours
Discussion: Riehl World View and GOP 12
Michael O'Brien / The Hill:
AP poll: More Republicans are satisfied with field of 2012 presidential candidates
Discussion: Hot Air
Maggie Haberman / The Politico:
George Pataki out of the 2012 running
Wall Street Journal:
Health Law Puts Governors in Pickle
Discussion: Washington Post and Healthwatch
Jerry Hirsch / Los Angeles Times:
Carmakers' rebound is driving jobs in U.S.
Deborah Solomon / Wall Street Journal:
SEC Bears Down on Fracking
 Earlier Items: 
Yves Smith / naked capitalism:
What is Debt? - An Interview with Economic Anthropologist David Graeber
Discussion: Unqualified Offerings
Larry Derfner / Israel Reconsidered:
Apology
Mike Allen / The Politico:
Dick Cheney makes no apologies in memoir
Jillian Rayfield / tpmmuckraker.talkingpointsmemo.com:
IN GOPer: I Just Talked About Baseball With The Young Man I Solicited On Craigslist