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9:50 AM ET, June 12, 2012

memeorandum

 Top Items: 
Ylan Q. Mui / Washington Post:
Fed: Americans' wealth dropped 40 percent  —  View Photo Gallery — Is the U.S. economic recovery stalling?:   The Labor Department reported June 1 that the nation's economy added only 69,000 jobs in May, bringing the unemployment rate to 8.2 percent.
RELATED:
Jeff Kearns / Bloomberg:
Fed Says U.S. Wealth Fell 38.8% In 2007-2010 On Housing  —  The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed.
Binyamin Appelbaum / New York Times:
Family Net Worth Drops to Level of Early '90s, Fed Says
Jesse Helfrich / The Hill:
Commerce secretary's hit-and-run keeps Obama off message  —  A hit-and-run accident involving Commerce Secretary John Bryson threw the White House off message Monday just as President Obama sought to regain his footing after a series of political missteps.  —  After hitting a car …
Discussion: Jammie Wearing Fools
RELATED:
Dana Milbank / Washington Post:
Pileup at the White House
Kate Mather / L.A. NOW:
Commerce agency: Secretary John Bryson had seizure linked to crashes
The White House:
President Obama Nominates Two to Serve on the U.S. Court of Appeals for the District of Columbia Circuit  —  WASHINGTON, DC - Today, President Obama will nominate Caitlin Halligan and Srikanth Srinivasan to serve on the United States Court of Appeals for the District of Columbia Circuit.
RELATED:
Jonathan Easley / The Hill:
Florida to sue DHS in voter registration battle  —  Florida Gov. Rick Scott (R) said he will sue the Department of Homeland Security (DHS) to move forward with his controversial attempt to purge the voter rolls in his state of ineligible voters.  —  “I have a job to do to defend the right …
RELATED:
Judd Legum / ThinkProgress:
BREAKING: Governor Rick Scott Announces Florida Will Sue Obama Administration Over Voter Purge  —  During an appearance on Fox News Monday afternoon, Florida Gov. Rick Scott (R) announced that the state will sue the Department of Homeland Security to obtain access to a database that it believes …
Robert Stacy McCain / The Other McCain:
HUGE!  Neal Rauhauser's Vicious Lies Exposed by Yet Another Leaked E-Mail  —  Last night, I published an e-mail showing that Democrat political operative Neal Rauhauser, representing himself as an agent of Brett Kimberlin's Velvet Revolution, had used his connections to the “Anonymous” …
Jack Maddox / CNN:
Sheriff: Father kills man sexually abusing his daughter  —  (CNN) — A Texas father caught a man sexually assaulting his 4-year-old daughter and punched him in the head repeatedly, killing him, authorities said.  —  The father was casually acquainted with the alleged abuser, said Lavaca County Sheriff Micah Harmon.
Clarence Page / Chicago Tribune:
What's with Wisconsin?  —  (Chris Walker, Chicago Tribune / June 5, 2012)  —  Let's give Wisconsin voters some credit.  While others try to find easy right-versus-left explanations for Gov. Scott Walker's decisive victory last week, Badger State voters appeared to be more worried about their state's purse.
Discussion: First Draft
Matt Negrin / ABCNEWS:
Would Romney Cut Firefighters?  Campaign Won't Say  —  Image credit: Whitney Curtis/Getty Images  —  Mitt Romney's campaign is doing little to suggest that the candidate's recent comment about cutting back on firefighters, police officers and teachers has been taken out of context.
Discussion: Paul Krugman and GOP 12
RELATED:
Michael Patrick Leahy / BREITBART.COM:
THE ACADEMIC SCANDAL ELIZABETH WARREN AND HARVARD DON'T WANT YOU TO KNOW ABOUT  —  In 1990, Rutgers Professor Philip Shuchman charged Elizabeth Warren, along with Teresa A. Sullivan (above), the President of University of Virginia who resigned unexpectedly yesterday, and Jay Westbrook …
Rush Limbaugh:
You're Not Special: Great Commencement Speech by David McCullough Jr.  —  RUSH: We're nearing the end, ladies and gentlemen, of commencement address season.  You're nodding your head like you know where I'm going.  There was the most amazing commencement address in Wellesley, Massachusetts.
Jonathan Allen / Politico:
Does Mitt Romney need ‘Obamacare’?  —  Republicans are cheerleading for the Supreme Court to strike down President Barack Obama's health care law.  —  But there's one Republican who might be sorry: Mitt Romney.  —  There's fear in some GOP circles that if the court wipes the Affordable Care Act off …
Discussion: CNN
ZIP / Weasel Zippers:
Obama Releases New Ad Campaign Targeting Black Voters: “We've Got Your Back!”  — Update: Audio Added...  If he has their backs, who has ours?  —  Via The Grio: … Update: This is the actual audio from the ad, reminiscent of a blaxploitation soundtrack from the 1970s.  Our own WM added the pics.
Discussion: Liberty News Network
RELATED:
Eline Gordts / The Huffington Post:
Gay Pride Month: Israel Defense Forces Facebook Photo Stirs Controversy … FOLLOW:  —  Israel, Pride 2012, Israel Soldiers, Pride 2012, Idf, Idf Gay Pride Month, Israel Army, Israel Army Gay Pride Month, Israel Gay Pride Month, Israel Soldiers Gay Photo, World News
Discussion: Towleroad News #gay
RELATED:
Rachel Leven / The Hill:
GOP chairmen failing to cut checks from campaigns to NRCC  —  More than two dozen House chairmen have not given any money from their campaign war chests to the Republican committee tasked with defending the GOP's majority.  —  The lack of direct transfers from Republicans in senior positions comes during …
Discussion: Prairie Weather
New York Times:
Worries in Euro Zone Shift to Italy From Spain  —  VENICE — Concerns grew on Monday that Italy could be the next victim of Europe's financial infection, leading nervous investors to sell Italian stocks and bonds and damping euphoria over a weekend deal to bail out Spain's banks.
RELATED:
Giles Tremlett / Guardian:
Hurried Spanish banking bailout fails to calm market nerves
Discussion: Firedoglake and US Politics
 
 
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 More Items: 
The Boston Globe:
Mass. stalled antibullying guide under Romney
Tomas Dinges / New Jersey Online:
Boat explosion reported off coast of Sandy Hook
Discussion: New York Magazine
Noah Smith / noahpinionblog.blogspot.co.uk:
Economics, geekiness, and distraction from productive activity.
Discussion: EconLog
Dave Levinthal / Reuters:
FEC: OK to fundraise via text
Discussion: Outside the Beltway
Andrew Sullivan / The Daily Dish:
America's Trust Deficit, Ctd
Anne Tergesen / Wall Street Journal:
Counting on an Inheritance? Count Again.
Discussion: Power Line and Hot Air
New York Post:
Police officer who fatally shot unarmed Bronx teen indicted, set to turn himself in
Discussion: Guardian and Gothamist
 Earlier Items: 
Christine Stapleton / Palm Beach Post:
Ex-congressman got millions in land deal
Sahil Kapur / tpmdc.talkingpointsmemo.com:
TPMDC  —  Norquist Lashes Back At Jeb Bush On Reagan, Taxes
Alyssa Rosenberg / ThinkProgress:
‘Prometheus,’ Pregnancy, and the Persistence of Patriarchy
Discussion: Cavalorn
Dan Mitchell / International Liberty:
You've Met Julia the Moocher, Now Meet Emily