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2:25 PM ET, May 13, 2012

memeorandum

 Top Items: 
New York Post:
The ‘bribe’ to silence Wright  —  When sermons of Obama's Chicago pastor, Jeremiah Wright, surfaced during the Iowa primaries, it threatened to derail Obama's campaign.  ABC aired one where Wright screamed, “Goddamn America!”  Edward Klein interviewed Wright, who told him Obama's team tried to buy his silence.
Dylan Byers / Politico:
Newsweek Cover: ‘The First Gay President’  —  The May 21, 2012, issue of Newsweek (used with permission of the publisher).  —  “'Let the games begin,” Tina Brown said last week after Time Magazine released its controversial breastfeeding cover.  —  Brown, whose tenure as editor at Newsweek …
Pat Garofalo / ThinkProgress:
Dimon On Whether JP Morgan's $2 Billion Loss Proves Banks Are Still Too Risky: 'I Don't Think So'  —  JP Morgan Chase CEO Jamie Dimon this week announced that the bank he heads lost $2 billion making risky trade under the guise of “hedging” (which is meant to reduce risk).
RELATED:
Erik Wasson / The Hill:
JP Morgan chief: $2B loss gives regulators new ammunition  —  Jamie Dimon, the CEO of JP Morgan Chase said on Sunday's “Meet the Press” that his bank's massive $2 billion lost bet, which was revealed last week, has given financial regulators more ammunition to tighten banking rules.
Discussion: ABCNEWS and Prairie Weather
Erik Wasson / The Hill:
Thune cautions against more bank regulations after JP Morgan losses  —  Sen. John Thune (R-S.D.), chairman of the Senate Republican conference and a lead critic of the Dodd-Frank financial reform law, warned Sunday against jumping to the conclusion that the $2 billion loss JP Morgan Chase incurred …
Discussion: Hullabaloo
Kara Swisher / AllThingsD:
Exclusive: Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion  —  Yahoo's embattled CEO Scott Thompson (pictured here) is set to step down from his job at the Silicon Valley Internet giant, in what will be dramatic end to a controversy over a fake computer science degree …
Dave In Texas / Ace of Spades HQ:
Is This Something?  Obama Stump Speech in Reno Draws Dozens  —  Hmmm.  Probably not.  I'll call it “more Saturday Stupid.” … It would depend I suppose on the timing, and the pre-announcing or something.  If it were completely spontaneous I can sort of understand the low numbers.. it's a neighborhood after all.
RELATED:
Nina Golgowski / Daily Mail:
Can't draw a crowd, Mr President? …
Howard Fineman / The Huffington Post:
Barack Obama 2012 Takes Multiple Pages From GOP Playbook … REACT:  —  FOLLOW:  —  Barack Obama , Arizona Politics, Barack Obama , Barack Obama 2012 , Elections 2012, Barack Obama , Obama Osama, Obama Basketball, Obama Gay Marriage, Election 2012, Latino Politics, Obama Same Sex Marriage, Politics News
rt.com:
War not necessary to ‘destroy’ Israel - Ahmadinejad  —  Iran's president Mahmoud Ahmadinejad has said that there is no need for war in order to destroy Israel.  He stated that if Israel's neighbors severed ties with the country it would bring the Jewish state to its knees.
Discussion: Weasel Zippers
RELATED:
Tim Arango / New York Times:
U.S. May Scrap Costly Efforts to Train Iraqi Police  —  BAGHDAD — In the face of spiraling costs and Iraqi officials who say they never wanted it in the first place, the State Department has slashed — and may jettison entirely by the end of the year — a multibillion-dollar police training program …
Ian Millhiser / ThinkProgress:
Even Tony Perkins Thinks Rand Paul's Anti-Gay Joke Was Unacceptable  —  Speaking at a Christian conservative group in Iowa on Friday, Sen. Rand Paul (R-KY) made an anti-gay joke at President Obama's expense: “Call me cynical, but I wasn't sure his views on marriage could get any gayer.”
Discussion: Los Angeles Times, Mediaite and Gawker
RELATED:
John Nolte / BREITBART.COM:
TIME TO PANIC?:  ROMNEY TAKES EIGHT POINT LEAD OVER OBAMA  —  Yesterday, Rasmussen had Governor Romney up 7 points over Obama, 50-43.  Today, the poll's rolling three-day average has increased Romney's lead to 8, 50-42.  —  Any way you slice it, this is horrible news for a sitting incumbent.
Raleigh News & Observer:
Democratic Party chairman resigns, then unresigns  —  ROB CHRISTENSEN - RCHRISTENSEN@NEWSOBSERVER.COM  —  GREENSBORO — David Parker, the besieged state Democratic Party chairman, said Saturday that he would remain in his post after the party's ruling committee voted not to accept his resignation.
 
 
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 More Items: 
John Hinderaker / Power Line:
We Are Swimming In Oil  —  America has more fossil fuel resources than any other nation.
Discussion: The Agonist and CARPE DIEM
Erik Wasson / The Hill:
Sen. Feinstein: Leak in new underwear bomb case must be prosecuted
Discussion: Politico
Rebecca Traister / Washington Post:
How the ‘war on women’ quashed feminist stereotypes
Discussion: Althouse
New York Times:
The Human Disaster of Unemployment
Donovan Slack / Politico:
Obama hits the links with Biden
New York Times:
Degrees of Debt: Student Loans Weighing Down a Generation With Heavy Debt
 Earlier Items: 
Charles P. Pierce / Esquire:
On The Lamb  —  Ah, a nice, leisurely weekend of working …
Discussion: Balloon Juice
Edmund White / News Desk:
Cranbrook and Romney  —  I went to Cranbrook, the boys' prep …
Mike Wilkinson / detroitnews.com:
Poll: Obama leads Romney in Michigan; more voters support same-sex marriage
Chris Megerian / PolitiCal:
California deficit has soared to $16 billion, Gov. Jerry Brown says
Discussion: New York Times
Ginger Gibson / Politico:
Evangelicals: Mitt Romney hit right note
Discussion: CNN and New York Magazine
 

 
From Mediagazer:

Jaffer Zaidi / The Keyword:
Google tests removing links to CA news sites to measure the impact of the California Journalism Preservation Act and pauses investments in the CA news ecosystem

Elizabeth Jensen / New York Times:
Robert MacNeil, who anchored evening newscasts for over two decades on PBS and delivered evenhanded, non-flashy news with Jim Lehrer, dies at 93

Ashley Carman / Bloomberg:
A look at faux podcast ads or “UGC ads” where brands pay actors to tape clips that look like podcast recordings in which they promote company products

 
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