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1:25 PM ET, September 4, 2011


 Top Items: 
Maureen Dowd / New York Times:
One and Done?  —  ONE day during the 2008 campaign, as Barack Obama read the foreboding news of the mounting economic and military catastrophes that W. was bequeathing his successor, he dryly remarked to aides: “Maybe I should throw the game.”  —  On the razor's edge of another recession …
American Way: Barack Obama, 2008 man of hope and change, becomes 2012 candidate of fear and status quo  —  So how much trouble is Barack Obama in?  Well, it doesn't get much worse.  —  His approval rating is hovering just above 40 per cent.  Unemployment is stuck at 9.1 per cent …
Ben Geman / The Hill:
President Obama's smog policy gamble holds uncertain political payoff
Discussion: Hot Air
Mike Lofgren /
Goodbye to All That: Reflections of a GOP Operative Who Left the Cult  —  Barbara Stanwyck: “We're both rotten!”  —  Fred MacMurray: “Yeah - only you're a little more rotten.”  -"Double Indemnity" (1944)  —  Those lines of dialogue from a classic film noir sum up the state of the two political parties in contemporary America.
Robert B. Reich / New York Times:
The Limping Middle Class  —  Robert B. Reich is the former secretary of labor, a professor at the University of California, Berkeley, and the author of “Aftershock: The Next Economy and America's Future.”  —  THE 5 percent of Americans with the highest incomes now account for 37 percent …
Brian Joseph / Orange County Register:
FBI arrests prominent Democratic campaign treasurer  —  SACRAMENTO - A prominent Democratic campaign treasurer who works for federal, state and O.C. lawmakers including U.S. Sen. Dianne Feinstein.  Rep. Loretta Sanchez and state Assemblymen Lou Correa and Jose Solorio has been arrested …
Steve Benen / Washington Monthly:
The media sure does love Mr. One Percent  —  CBS's “Face the Nation” has two presidential contenders on this morning.  One of them is even competitive. … Seeing Huntsman's name on the schedule got me thinking: haven't we seen quite a bit of him lately?  —  On Friday, Huntsman was on CNBC's “The Kudlow Report.”
New York Times:
U.S. Is Appealing to Palestinians to Stall U.N. Vote  —  WASHINGTON — The Obama administration has initiated a last-ditch diplomatic campaign to avert a confrontation this month over a plan by Palestinians to seek recognition as a state at the United Nations, but it may already be too late …
Governor Palin's Speech at the “Restoring America” Tea Party of America Rally in Indianola, Iowa (Video and Transcript)  —  The following is the video and text of Governor Palin's speech at the “Restoring America” Tea Party of America Rally in Indianola, Iowa, on September 3, 2011.  —  Thank you, Iowa.
John Mauldin / Business Insider:
MAULDIN: It's All About The Jobs — And Gold  —  This week we briefly look at yesterday morning's dismal unemployment report, then drop back and survey some other very eye-opening data on employment.  Some groups are (surprise) doing better than others.  What would it take to get us back to “normal,” whatever that is?
Brian M. Carney / Wall Street Journal:
Can the World Still Feed Itself?  —  Yes, says Nestle's chairman Peter Brabeck-Letmathe, but not if we burn food for fuel, fear genetic advances and fail to charge for water.  —  Vevey, Switzerland  —  As befits the chairman of the world's largest food-production company, Peter Brabeck-Letmathe is counting calories.
Discussion: Outside the Beltway
Calculated Risk:
Labor Force Participation Rate by Age  —  Note: I've updated the percent job losses in recession graphs.  With an earlier BLS revision, the peak of employment moved to January 2008 instead of December 2007.  This matters if we are counting the number of months below the previous peak.  (ht Scott)
A.Killough / CNN:
Perry focuses on Obama  —  Chichester, New Hampshire (CNN) - Texas Gov. Rick Perry focused blame for the economic slump squarely on President Barack Obama in a pair of speeches Saturday, as his stump speech continues to take shape.  —  Reading from notes, the folksy leader launched …
Discussion: The Politico
Kevin Sack / New York Times:   G.O.P. Candidates' Stances on Health Care Mask Their Records as Governors
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 More Items: 
Ace /
The Fizzle In Drizzle
William McQuillen / Bloomberg:
Taxpayers Rank Behind Solyndra Investors
Gaza flotilla: Turkey to take Israel to UN court
Discussion: Jihad Watch
John C. Bogle / Wall Street Journal:
How the Index Fund Was Born
Discussion: Marginal Revolution
J. Bradford DeLong / Grasping Reality with Both Hands:
Life in Hooverville  —  I remember the week after Obama's 2010 State …
Discussion: Hullabaloo
 Earlier Items: 
Eliyahu Stern / New York Times:
Don't Fear Islamic Law in America
Leslie Kaufman / New York Times:
Obama's Retreat on Ozone Standards Angers Environmentalists
Dan Merica / CNN:
Comedian tells ‘special needs’ joke at Palin event
Fred Barnes / Weekly Standard:
President Zero  —  Read his lips: No new jobs.