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4:10 PM ET, December 27, 2014

memeorandum

 Top Items: 
Associated Press:
Police outside cop funeral turn backs on NY mayor  —  Associated Press 16 mins ago  —  NEW YORK (AP) — Hundreds of officers outside the church where a funeral was held for a policeman killed along with his partner in an ambush shooting turned their backs on the mayor as he spoke during Saturday's service.
RELATED:
Karoli / Latest from Crooks and Liars:
Hundreds Of NYPD Officers Turn Backs To Bill DeBlasio At Officer's Funeral  —  Protesting at a funeral?  What's next, the New York version of Hillsboro Baptist Church?  —  You remember that time that Mayor de Blasio asked the protesters standing for Eric Garner and Mike Brown to stand …
Discussion: CBS New York and Mediaite
New York Post:
Cops turn backs on de Blasio at executed officer's funeral  —  Law enforcement officers turn their backs on a video monitor as Mayor Bill de Blasio speaks during the funeral of slain NYPD officer Rafael Ramos.  —  As Mayor Bill de Blasio took the podium Saturday at the funeral of P.O. Rafael Ramos …
Discussion: ThinkProgress and Washington Post
ABC News:
Jesse Jackson Admits Affair, Illegitimate Child  —  Moving to pre-empt a tabloid newspaper report, the Rev. Jesse Jackson this morning released a statement admitting he had an extramarital affair that resulted in a daughter who is now 20 months old.  —  “This is no time for evasions …
Discussion: Washington Monthly
Jamie Schram / New York Post:
Pakistani officials furious over ‘Homeland’  —  Mandy Patinkin plays former CIA honcho Saul Berenson during a tight spot of season four of “Homeland.”  —  Claire Danes is lucky no Emmy voters live in Islamabad.  —  Pakistani officials are furious with Showtime after watching the fourth season …
Discussion: RT and TMZ.com
Tim Wu / New Yorker:
Why Airlines Want to Make You Suffer  —  This fall, JetBlue airline finally threw in the towel.  For years, the company was among the last holdouts in the face of an industry trend toward smaller seats, higher fees, and other forms of unpleasantness.  JetBlue distinguished itself by providing decent …
Alex Isenstadt / Politico:
The immigration strike team  —  Democrats are already plotting ways to boost Hispanic voter turnout in 2016.  —  After a midterm election in which declining Hispanic turnout cost Democrats dearly in close races, causing some leaders to question whether President Barack Obama made a mistake …
Discussion: US News
History.com:
FDR seizes control of Montgomery Ward … On this day in 1944, as World War II dragged on, President Franklin D. Roosevelt orders his secretary of war to seize properties belonging to the Montgomery Ward company because the company refused to comply with a labor agreement.
Discussion: New York Times
David Beckworth / Macro and Other Market Musings:
Follow-Up to the Fed's Dirty Little Secret  —  My last post made the argument that monetary base injections at the zero lower bound (ZLB) can be effective if they are permanent.  I also noted that this understanding is a standard view in macroeconomics and that it implies the Fed's QE programs …
Discussion: New York Times
Ken Thomas / Associated Press:
Clinton economic approach under scrutiny  —  WASHINGTON (AP) — If Hillary Rodham Clinton seeks the White House again, her message on the economy could be an important barometer as she courts fellow Democrats.  —  Members of her party are watching closely how the former secretary …
Jonah Goldberg / Townhall.com:
Dear GOP: Show, Don't Tell  —  Hey, Jeb, Ted, Rand, Marco, Bobby, Chris and the dozen or more others I'm forgetting, here's something to write on your bathroom mirror in 2015 and beyond: The “P” in POTUS stands for “President,” not “Pundit.”  —  I understand that the Seinfeldian faux-holiday Festivus …
Discussion: Ed Driscoll
Noah Smith / Bloomberg View:
Ten Investing Facts of Life  —  Motley Fool writer Morgan Housel recently came up with an impressive list of 122 investing aphorisms that distill the wisdom he has gleaned from years of writing about markets and the financial industry.  Most are either insights into human psychology or historical facts and figures.
 
 
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 More Items: 
Lucy McCalmont / Politico:
Polls: Obama ending the year with improving approval ratings
Discussion: PoliticusUSA and Slantpoint
New York Times:
Some States See Budgets at Risk as Oil Price Falls
Discussion: Washington Monthly
Wall Street Journal:
The Steep Cost of America's High Incarceration Rate
Alirjaafar / Deadline:
‘Exodus’ Banned In Egypt & Morocco, May Face Struggle In Other Middle Eastern Countries
Discussion: Mashable and Mediaite
Jose A. Delreal / Washington Post:
Michael Brown memorial destroyed overnight
Discussion: Sky Dancing, Power Line and Raw Story
 Earlier Items: 
Sam Baker / National Journal:
Why Liberals Should Fear the Supreme Court in 2015
Discussion: Washington Post
USA Today:
Wussy nation: Our view
Discussion: The Other McCain
Martin Feldstein / Wall Street Journal:
The Fed's Needless Flirtation With Danger
Discussion: New York Times