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2:40 PM ET, May 14, 2012

memeorandum

 Top Items: 
Ben White / Politico:
Obama's Wall Street problem  —  The giant $2 billion trading loss at JPMorgan Chase highlights a central problem in President Barack Obama's case for a second term: Four years after the financial crisis nearly brought the nation to its knees, very little appears to have changed.
RELATED:
Paul Krugman / New York Times:
Why We Regulate  —  One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don't know how to run our own banks!” he exclaims.
Meghashyam Mali / The Hill:
Warren calls for Dimon to step down as New York Fed bank director
Discussion: ThinkProgress
Bloomberg:
Romney Vowing Dodd-Frank Repeal Hits JPMorgan Risky Trades (Update 1)
Discussion: The Hill and ABCNEWS
Justin Sink / The Hill:
Obama targets Romney tenure at Bain Capital with new ad, website  —  President Obama is taking dead aim at Mitt Romney's record helming Bain Capital, debuting a new television ad, online video, and website that each depict the private equity firm as predatory and having engaged in “questionable business practices.”
RELATED:
Justin Sink / The Hill:
Portman defends Romney's Bain record, jokes about VP nod  —  Sen. Rob Portman (R-Ohio), oft-mentioned as on Mitt Romney's short list for vice presidential candidates, offered a full-throated defense of the presumptive Republican presidential nominee's time at Bain Capital hours …
Alexander Burns / Politico:   Obama's Bain ad: ‘Like watching an old friend bleed to death’ (Updated)
BuzzFeed:   Portman Defends Romney: “That Is Capitalism”
Byron Tau / Politico:
Ex-Obama adviser: Latest anti-Romney ad is ‘unfair’
Discussion: CNN and National Review
Politico:   Mitt Romney's mantra: Avoid John McCain's mistakes
Lydia Saad / Gallup:
U.S. Acceptance of Gay/Lesbian Relations Is the New Normal  —  For third year, majority says gay/lesbian relations are morally acceptable  —  PRINCETON, NJ — The slight majority of American adults, 54%, consider gay or lesbian relations morally acceptable.
RELATED:
CBS News:
Poll: Most Americans support same-sex unions  —  CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto.  —  A new CBS News/New York Times Poll shows a solid majority of Americans support legal recognition for same-sex couples …
Ann Althouse / Althouse:
Why Republicans should resist using the same-sex marriage issue against Obama.
Discussion: GayPatriot
Mike Allenand Jim Vandehei / Politico:
The un-McCain campaign  —  Mitt Romney and his top aides are building a strategy, partly by design and partly because of circumstance, around what they consider John McCain's disastrously run campaign in 2008.  —  The strategy: whatever McCain did, do the opposite.
RELATED:
Annie-Rose Strasser / ThinkProgress:
For VP, Romney Is Looking For An ‘Incredibly Boring White Guy’
Discussion: Politico and Dependable Renegade
Greg Sargent / Washington Post:
EXCLUSIVE: Wisconsin Dems furious with DNC for refusing to invest big money in Walker recall  —  Top Wisconsin Democrats are furious with the national party — and the Democratic National Committee in particular — for refusing their request for a major investment in the battle to recall Scott Walker, I'm told.
Discussion: Daily Kos
RELATED:
weaskamerica.com:
Recall Fever  —  In the Midwest, it's not easy to find a more polarizing figure than Republican Wisconsin Governor Scott Walker.  In a state where bold ideas are often rewarded, Walker's slash-and-burn rhetoric during his first months in office resulted in bringing national attention …
Bloomberg:
As European Austerity Ends, So Could the Euro  —  The euro currency is a malady that condemns at least a generation of Greeks, Italians, Spaniards, Portuguese and Irish to the economic infirmary.  —  In these nations, unemployment rates are now at their highest levels in recent decades …
Discussion: Paul Krugman and National Review
New York Times:
After Obama's Decision on Marriage, a Call to Pastors  —  WASHINGTON — About two hours after declaring his support for same-sex marriage last week, President Obama gathered eight or so African-American ministers on a conference call to explain himself.  He had struggled with the decision …
BuzzFeed:
Pat Robertson: Romney's Not Jesus, But We'll Take Him  —  The host of “The 700 Club” reminds Evangelicals that Romney is their best choice — even if he is Mormon.  And in an interview, the candidate is equally lukewarm about his opposition to same-sex marriage.
Discussion: GOP 12 and The Raw Story
Andrew Sullivan / The Daily Beast:
Andrew Sullivan on Barack Obama: The First Gay President  —  The president's bold support shifted the mainstream.  Andrew Sullivan on why it shouldn't be surprising—Obama's life as a biracial man has deep ties to the gay experience.  —  It was the spring of 2007, back when Barack Obama's bid …
Dylan Byers / Politico:
Tina Brown explains Obama ‘gaylo’  —  SIREN: President Barack Obama isn't actually gay.  —  But now that Tina Brown, Newsweek editor and grand dame of Manhattan publishing, has adorned him with the rainbow-colored “gaylo” and ordained him America's “first gay president,” it hardly seems to matter.
Charles Mahtesian / Politico:
West Virginia frets over felon's performance  —  The nation has moved on after its brief fixation last week with the felon who won 41 percent against Barack Obama, but West Virginia continues to wrestle with the aftermath of its May 8 primary.  —  Phil Kabler of the Charleston Gazette reported …
Alyssa Rosenberg / ThinkProgress:
Why You Don't Have Stand-Alone HBO Go—And Why You Should Give HBO More Credit  —  There's been a lot of discussion over the past couple of days about why HBO hasn't made its content more widely available to non-cable subscribers.  While I understand individual consumers are frustrated …
John Hinderaker / Power Line:
The Left Is Getting Clobbered on Twitter  —  We are in the early stages of the 2012 campaign season, with a lot of battlespace preparation going on.  In the skirmishing so far, one perhaps surprising media advantage has become clear: the right is clobbering the left on Twitter.
Fox News:
Insurers must credit ObamaCare when giving new round of rebates, feds say  —  Oct. 31, 2011: Health and Human Services Secretary Kathleen Sebelius is seen in the Oval Office at the White House.AP  —  Health-insurance companies must tell customers who get a premium rebate this summer …
 
 
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 More Items: 
NY Daily News:
Estranged husband and wife Mark and Michelle Schimel are running against each other for a state Assembly seat
Discussion: ABCNEWS and New York Magazine
Thereisnospoon / Hullabaloo:
Austerity geniuses, by @DavidOAtkins
Michael Kirkland / UPI:
2012 election drowning in secret money
Discussion: ThinkProgress
Washington Examiner:
Voters rate Reid, Pelosi the worst
Annie-Rose Strasser / ThinkProgress:
GOP Rep. Lankford Explains Why It Should Be Legal To Fire Someone For Being Gay: 'It's A Choice Issue'
Discussion: Mock, Paper, Scissors
Greg Giroux / Bloomberg:
One-Man Florida SuperPAC Finances Attack on Obama in Ohio
Discussion: Shakesville
Josh Gerstein / Politico:
Team Edwards: It's a slippery slope
 Earlier Items: 
Michael Peltier / Reuters:
Top aide to Florida governor resigns amid scrutiny
Jeffrey Toobin / New Yorker:
MONEY UNLIMITED … - POLITICS - PROFILES - THE TALK OF THE TOWN …
Washington Examiner:
Romney is GOP's best choice
Discussion: BuzzFeed and ThinkProgress
Sebastian Moffett / Reuters:
NATO underplayed civilian deaths in Libya: HRW
Discussion: americanthinker.com
Vicki Needham / The Hill:
Report says 230,000 unemployed losing benefits over weekend
Discussion: Scared Monkeys