The Commentariat -- February 3, 2012

My column in today's New York Times eXaminer is titled "Brooksio ad Absurdum -- Start the Revolution without Him." I touch on Brooks' Tuesday column, too, which was merely duplicitous, smarmy and racist -- not absurd. The NYTX front page is here. You can contribute to NYTX here.

** Jennifer Preston & Gardiner Harris of the New York Times: "The nation’s leading breast cancer advocacy organization confronted the growing furor Thursday to its decision to largely end its decades-long partnership with Planned Parenthood, with rising dissension in its own ranks and a roiling anger on the Internet showing the power of social media to harness protest." ...

... Michael Paulson & Kate Taylor of the New York Times: New York City "Mayor Michael R. Bloomberg, responding to the controversy over a breast cancer advocacy group that cut off most of its grants to Planned Parenthood for breast cancer screening, said Thursday that he would make up a large part of the missing money. Mr. Bloomberg, a billionaire with a long-term interest in public health, said he would give Planned Parenthood Federation of America a $250,000 matching gift — he will donate $1 for every new dollar Planned Parenthood raises up to $250,000." ...

... Andrea Mitchell lights into Nancy Brinker, the founder of the Susan G. Komer Foundation; then Sens. Patty Murray (D-Wash.) & Barbara Boxer (D-Calif.) pile on:

... The New York Times Editorial Board accuses the Susan G. Komen Foundation of betraying women & politicizing a non-political matter: "To try to justify its move, the foundation cited a new policy against making grants to groups under federal or state investigation — in Planned Parenthood’s case, an inquiry into how it spends its taxpayer money by Representative Cliff Stearns, a Republican of Florida.... Mr. Stearns’s 'investigation' is nothing more than a political witch hunt, stirred up by Republican leaders and by a right-wing antichoice group, Americans United for Life, which now displays the pink ribbon on its Web site as part of a fund-raising campaign for Komen. The inquiry is part of the Republican campaign to stigmatize Planned Parenthood...." CW: as Sen. Boxer points out, the foundation keeps coming up with new excuses. ...

... E. J. Graff of the American Prospect reprises what others have reported about the foundation's ulterior motives for cutting off Planned Parenthood.

In Case You Hadn't Noticed. Edward Wyatt of the New York Times: "Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street in the last decade, the agency has repeatedly allowed the biggest firms to avoid punishments specifically meant to apply to fraud cases. By granting exemptions to laws and regulations that act as a deterrent to securities fraud, the S.E.C. has let financial giants like JPMorganChase, Goldman Sachs and Bank of America continue to have advantages reserved for the most dependable companies, making it easier for them to raise money from investors, for example, and to avoid liability from lawsuits if their financial forecasts turn out to be wrong."

Annie Lowrey of the New York Times: "... the [Obama] administration has put together a far-ranging set of proposals" to help bring back or keep manufacturing jobs in the U.S. "It all adds up to what economists might call an industrial policy, the out-of-favor practice of using tariffs, taxes and other measures to help a particular industry." CW: oh gosh, once again Obama has failed to listen to Tom Friedman. ...

... Prof. Duncan Moore in a New York Times op-ed: "... there is no single answer for cities facing the departure of a major employer, and there are many things unique to Rochester, Pittsburgh and San Diego that have allowed them to thrive where others have foundered. But long-term investments in education, culture and community have made all three postindustrial success stories, and there is no reason such a strategy can’t help the next city hit by a big-business bankruptcy to follow their lead."

** Tim Egan is in Las Vegas for the big GOP show. His column is titled "The Great Mirage," but it's hard to tell if he's referring to Vegas or the GOP platform. Egan is far and away the Times' most lyric op-ed writer.

CW: this probably should go in Right Wing World. Alex Isenstadt & Jennifer Haberkorn of Politico: "North Carolina Rep. Heath Shuler will not seek reelection in 2012, he announced Thursday. Shuler, a prominent Blue Dog Democrat and former Washington Redskins quarterback, faced an uphill path to a fourth term after redistricting, which made his western North Carolina-based 11th District seat more conservative."

Charles Riley of CNN Money: "President Obama offered a new line of reasoning for hiking taxes on the rich on Thursday, saying at the National Prayer Breakfast that his policy proposals are shaped by his religious beliefs."

Right Wing World

Steve LeBlanc of the AP: Sen. Scott Brown (R-Mass.), Barack Obama's new BFF CW: or at least until November 6.

Mark Murray & Matt Loffman of NBC News try to keep track of Romney's remarks about President Obama's effects on the economy. CW: a difficult task when a flip-flopper consistently disagrees with himself.

** Paul Krugman on that lying, greedy scum Mitt Romney: Mr. Romney’s position seems to be that we need not worry about the poor thanks to programs that he insists, falsely, don’t actually help the needy, and which he intends, in any case, to destroy. Still, I believe Mr. Romney when he says he isn’t concerned about the poor. What I don’t believe is his assertion that he’s equally unconcerned about the rich, who are 'doing fine.' After all, if that’s what he really feels, why does he propose showering them with money?" CW: This is a really good summary of the moral turpitude of Willard. ...

... ** Aah, It's All a Dog Whistle. Jamison Foser of Media Matters: "Romney's comments were an invocation of a decades-long right-wing narrative designed to drive a wedge between the poor and middle class, to the benefit of a handful of wealthy elites.... The message is clear: The middle class — the 'very heart of America' — is struggling while we lavish countless benefits on the poor." ...

... Steve Benen has more on the GOP's continuing effort to demonize the poor: House conservatives are ginning up the idea that wanton welfare recipients are spending your tax dollars at strip clubs. This evidence-challenged contention will force new regulations on the states, but, hey, who cares when the "issue" feeds so nicely into their class warfare meme?

Quote of the Day. There are some things that you just can’t imagine happening in your life. This is one of them. -- Mitt Romney, on Donald Trump's endorsement of  his candidacy ...

... Ashley Parker & Trip Gabriel of the New York Times: "Donald Trump endorsed Mitt Romney [in Las Vegas, Nevada] Thursday afternoon in a joint appearance that lasted less than seven minutes and included no questions."

Bonus Quote. American Exceptionalism. We are the only people on earth who put our hand over our heart during the playing of the National Anthem. -- Mitt Romney, Wrong about Everything. See photographic rebuttal.

Steve Benen: "GOP officials have noticed that the Fed is interested in addressing unemployment, and it wants this to stop as soon as possible."

"Do as I Say, Not as I Did & Got Rich Doing." Contributor Janice likes this simple explanation of Mitt Romney's "qualifying" career at Bain Capital. So do I:

... "Corruption Is Like Gravity -- It Just Is." Stewart then gets the better of corporate law Prof. Jonathan Macey about the intersection of Wall Street & Washington. This is a three-parter, which starts here. Curson through.

Local News

Tim Mak of Politico: "Indiana Gov. Mitch Daniels (R) defended Thursday his state’s newly-approved right-to-work legislation, saying that the phones have been ringing off the hook with companies wanting to come to the state since he signed the measure." CW: three cheers for slave labor!

News Ledes

New York Times: "The House on Friday approved $63 billion to pay for federal aviation programs through 2015, acting after five years of dispute and 23 short-term extensions of financing that the Federal Aviation Administration said made it harder to carry out its mandate.... The measure, a compromise between the Republican-controlled House and Democrat-controlled Senate, passed on a 248-169 vote. A majority of Republicans supported the bill, while Democrats overwhelmingly opposed it. The Senate is expected to approve the bill next week."

Ha! Bloomberg News: "Susan G. Komen for the Cure, a breast cancer advocacy group, said it will continue existing grants to Planned Parenthood Federation of America Inc. and is changing its policy on investigations of groups it supports."

AP: "In an effort to cut the unemployment rate among veterans, the Obama administration is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands."

AP: "The U.S. economy likely produced another solid month of hiring in January, a promising start for 2012. Economists forecast that employers added a net 155,000 jobs last month and that the unemployment rate remained 8.5 percent for a second straight month...." ...

... Bloomberg News Update: "The U.S. jobless rate unexpectedly fell in January to the lowest in three years as payrolls climbed more than forecast, casting doubt on the Federal Reserve’s plan to keep interest rates low until late 2014.The unemployment rate dropped to 8.3 percent, the lowest since February 2009. The 243,000 increase in jobs was the biggest in nine months and exceeded all forecast...." ...

... Bloomberg News: "U.S. stocks advanced, sending the Dow Jones Industrial Average toward its highest level since May 2008, after a report showed that employment growth topped estimates and the jobless rate unexpectedly fell to 8.3 percent." ...

... Washington Post: Boehner & Romney are totally pissed off (tho that's not precisely what they said).

People Are So Cheesy. AP (via the NYT): "British Prime Minister David Cameron was making a third unwanted shake up of his government Friday, after prosecutors charged Cabinet minister Chris Huhne over an alleged attempt to pin a speeding penalty on his ex-wife."

The Commentariat -- February 2, 2012

My column in the New York Times eXaminer is on "Revisionist History at the New York Times -- How a Fact Becomes an Anonymous Accusation." The NYTX front page is here. You can contribute here. ...

... Peter Hart of FAIR critiques the New York Times' odd coverage of President Obama's addressing a question about U.S. use of drones. Here's my favorite sentence from Hart's review: "Granting anonymity to official sources because of 'intense public interest' in a story is a little puzzling." ...

... AND economist Dean Baker explains to New York Times business writer Steven Davidoff why it's a good idea for the creators of collaterized loan obligations (CLOs) to "have skin in the game," a requirement of Dodd-Frank. Apparently, it didn't occur to Davidoff that these creative financiers occasionally might be dishonest.

... BTW, the comments section is open, comme d'habitude.

Mary Elizabeth Williams of Salon: Susan B. Komen for the Cure "has repeatedly come under fire for its extravagant promotion of itself as an organization dedicated to a 'cure,' when only a small portion of its expenses go to, you know, curing cancer.... Komen has also ... aligned itself with more dubious product placement than a 'Jersey Shore' marathon.... Its senior vice president of public policy [is] Karen Handel. During the Sarah Palin-endorsed, Tea Party favorite’s 2010 campaign for governor of Georgia, Handel declared, 'I do not support the mission of Planned Parenthood,' making clear that she 'strongly supports' laws prohibiting 'the use of taxpayer funds for abortions or abortion-related services.'" ...

... "Why the Right Hates Planned Parenthood." Irin Carmon of Slate: "As long as women remember Planned Parenthood as their lifesaver in providing sexual health counseling, emergency contraception or a pap smear, it’s harder to peg abortion providers as back-alley butchers. And it’s easier for them to understand the reality that abortion services are inseparable from any truly comprehensive women’s healthcare, whether one wants to choose them or not." ...

... Sam Baker of The Hill: "The country’s leading breast-cancer charity is facing massive blowback from the left over its decision to pull funding for cancer screenings at Planned Parenthood clinics. Planned Parenthood’s supporters rallied to its defense, pouring money into the controversial organization and threatening to walk away in droves from the Susan G. Komen foundation." ...

... Gardiner Harris & Pam Belluck of the New York Times: "... the Susan G. Komen for the Cure foundation, is now engulfed in a controversy that threatens to undermine one of the most successful advocacy campaigns. The foundation’s decision to eliminate most of its grants to Planned Parenthood for breast cancer screening caused a cascade of criticism from prominent women’s groups, politicians and public health advocates and a similarly strong outpouring of support from conservative women and religious groups that oppose abortion. Now, leaders of both the Komen foundation and Planned Parenthood are accusing each other of bad faith and actions that undermine women." CW: She said/she said. 'Nuff said.

Steve Benen: "When making a list of what issues are likely to be important in the general election, it's probably best to put housing policy near the top of the list." President Obama took his first shot at Romney:

It is wrong for anyone to suggest that the only option for struggling, responsible homeowners is to sit and wait for the housing market to hit bottom. I refuse to accept that, and so do the American people. -- Barack Obama, yesterday

Don't try to stop the foreclosure process. Let it run its course and hit the bottom. -- Mitt Romney, in October 2011

      ... Here's President Obama, speaking in Falls Church, Virginia, yesterday:

Right Wing World

Qoute of the Day:

 ... "The Safety Net Is Not a Hammock." Joan Walsh of Salon: "... not only will Romney not repair the safety net, he is likely to shred it further. Romney supports Paul Ryan’s budget plan, which would cut funding for virtually all the federal programs that help the poor. In fact, Romney’s own budget proposals would make even deeper cuts.... And Romney’s tax plan raises taxes on the bottom 20 percent of families, while giving millionaires a $146,000 tax break." ...

... Here's Walsh on Chris Matthews' show with John Harris, one of the executive editors of Politico. In case anyone has bought into the right's ludicrous claim that Politico is a left-wing rag, I give you -- John Harris:

... Jamison Foser of Media Matters has an excellent post on just how much Willard cares about "the plight of the poor," and how different he is from his father George Romney, who actually did care. ...

... Ashley Parker of the New York Times: "... for a campaign that has itself been accused of taking President Obama’s words out of context, the remark about the poor immediately became cataloged in a growing list of awkward comments by Mr. Romney, including a remark that his speaking fees last year of $374,327 were 'not very much' and his line that 'corporations are people.'” CW: "Been accused of"? Um, Romney's campaign did take the President's remarks out of context, used them in an ad, & Romney himself boasted about it. The ad got a Pants-on-Fire "award" from PolitiFact. How would Parker know? Gosh, she herself wrote last year that the Obama quote was "taken out of context." ...

... Like Mitt Romney and me, you may be guilty of not feeling sorry enough for billionaires. Fortunately, Ted Olsen, former Bush II solicitor general and current attorney for the Koch brothers, feels their pain. In a Wall Street Journal op-ed yesterday, Olsen complains that in a move of Nixonian & McCarthyite proportions, President Obama has placed Charles & David Koch who are, after all, merely "private citizens," on an "enemies list." Olsen writes, "it is exceedingly important for all Americans to respond with outrage to what the president and his allies are doing to demonize and stigmatize David and Charles Koch." CW: Though Olsen implies in his lede that, "the president of the United States singled [the Kochs] out by name for attack," the evidence for this enemies list of two, according to this winger report, is an ad that doesn't actually name the Kochs. Olsen himself does not name a single instance in which the president on his minions of wannabe McCarthys have defamed his upstanding, philanthropic clients. Nonetheless, please, please, let us hear your outrage. As for me, I have no earthly idea how a somewhat unflattering image of a Two-Headed Koch Monster found its way onto this page. ...

     ... Ed Kilgore: "I bow in admiration to the craftsmanship with which Olsen turns the Kochs’ vast, unprecedented empire of political agitprop, special-interest lobbying, and campaign skullduggery into a wonkish set of policy preferences."

... The Confederate States of the Newt. Steve Kornacki of Salon: "The blue counties were won by Mitt Romney, while Gingrich carried the red ones.... Given that he ran 14 points behind Romney statewide, it’s striking that Gingrich actually finished first in so many counties, and his margins in some of them were considerable; all told, he beat Romney by double-digits in 20 counties." This is why Newt will keep running at least through Super Tuesday, when a number of Southern states vote. CW: There's a reason they call the Florida Panhandle the "Redneck Riviera." ...

... Ed Kilgore of the Washington Monthly: "Basically, the more a county resembled GA or AL, the more likely it was that Newt would win, and that, of course, will be part of his rationale for continuing on, at least to states where Crackro-Americans dominate."

Local News

Mary Beth Schneider & Chris Sikich of the Indianapolis Star: "Gov. Mitch Daniels signed 'right to work' legislation this afternoon without a ceremony, making Indiana the 23rd state in the nation with the law." Earlier in the day, "the Senate voted 28 to 22 today to pass the controversial labor union bill, as thousands of protesters packed Statehouse hallways shouting their disapproval, with thousands more lined-up outside waiting to get in."

News Ledes

New York Times: "The Senate passed a sweeping new ethics bill on Thursday that would ban insider trading by members of Congress and require prompt disclosure of stock transactions by lawmakers and by thousands of officials in the executive branch of government.... President Obama called for passage of such legislation in his State of the Union address last week. More than half of House members, including at least 100 Republicans, have signaled support for it, and House Republican leaders said Thursday that they would schedule consideration of the Senate-passed bill on the House floor next week."

New York Times: "The police in several Egyptian cities on Thursday night battled with thousands of die-hard soccer fans angry at the military-led government’s failure to prevent dozens of deaths at a soccer riot in Port Said the previous night."

Bloomberg News: "Claims for U.S. jobless benefits fell last week, a sign the labor market is improving. Applications for unemployment insurance payments dropped by 12,000 to 367,000 in the week ended Jan. 28, Labor Department figures showed today in Washington."

New York Times: "The hacking scandal at Rupert Murdoch’s British newspapers took a new turn on Thursday when a lawmaker said police investigations had spread to the flagship Times of London. The revelation came a day after lawyers said an e-mail referring to 'a nightmare scenario' of legal repercussions from widespread phone hacking at the News of the World tabloid was deleted from James Murdoch’s computer less than two weeks before the police opened investigations."

New York Times: Washington [State] appeared almost certain to become the seventh state to allow same-sex marriage after the State Senate voted late Wednesday for a measure that would allow gay and lesbian couples to marry beginning this summer." Seattle Times story here.

Bloomberg News: "Facebook Inc. (FB)’s initial public offering may value Mark Zuckerberg’s stake at $28.4 billion, making him richer than >Google Inc. (GOOG)’s co-founders and almost on par with Larry Ellison, who started Oracle Corp. (ORCL) 35 years ago."

The Guardian is liveblogging the second & final day of Julian Assange's extradition appeal before the British Supreme Court.

New York Times: "Alzheimer’s disease seems to spread like an infection from brain cell to brain cell, two new studies in mice have found. But instead of viruses or bacteria, what is being spread is a distorted protein known as tau. The surprising finding answers a longstanding question and has immediate implications for developing treatments, researchers said. And they suspect that other degenerative brain diseases like Parkinson’s may spread in a similar way."

ABC News: "Mitt Romney offered harsh criticism of a plan outlined by Secretary of Defense Leon Panetta to possibly withdraw U.S. combat troops from Afghanistan in 2013, calling the administration's decision to announce its military plans to the world 'misguided' and 'naive.'"

The Commentariat -- February 1, 2012

My column in today's New York Times eXaminer is titled "God, Sex and Money -- the 'Bizarre' Views of Ross Douthat." The NYTX front page is here. Make a contribution here. ...

... If you feel guilty that you're not doing enough to save the world when you read a Nicholas Kristof column, this takedown by Laura Agustín, on "the soft side of imperialism," might make you feel better.

Maureen Dowd contrasts Obama's & Romney's spines, and Romney comes out looking like a jellyfish wrapped in a mean streak.

The New York Times Editorial Board is three for three today:

     ... For one thing, they listen to their resident economist: "A leader wiser than [German Chancellor Angela] Merkel would build a stronger European Union by helping her neighbors grow their way out of debt, not squeeze them to the breaking point." ...

     ... The Board likes both the bill Sheldon Whitehouse (D-R.I.) will introduce in the Senate today & the Buffett Rule which President Obama favors -- for starters. "Republicans are certain to filibuster Mr. Whitehouse’s bill in the Senate or try to ignore it in the House. But explaining a tax code that allows the wealthiest to escape their responsibility is getting much harder to do." ...

    ... AND the Board applauds Jessica Ahlquist, the "11th grader at Cranston High School West in Rhode Island, [who] has endured verbal abuse because, as an atheist, she objected to the 'School Prayer' that has been on the school’s auditorium wall since 1963."

Greg Sargent: "Senator [Sherrod] Brown [D-Ohio] ... is introducing a measure in the Senate today that would require all Senators to divest themselves of any stocks in companies that are impacted by their actions as a Senator.... This proposal is the first legislative vehicle to accomplish what Obama called for in his State of Union speech, in which he said: 'Let’s limit any elected official from owning stocks in industries they impact.' ... This will also become an issue in the Massachusetts Senate race: Elizabeth Warren has already vowed to divest in the stock she owns if elected to the Senate. So Massachusetts Dems will likely demand that Scott Brown take a stand on this latest proposal." Scott Brown has owned stocks in companies with legislation before the Senate.

Dan Eggen & T. W. Farnam of the Washington Post: "Conservative super PACs and other outside groups are helping Republicans close a yawning fundraising gap with President Obama, giving the eventual GOP presidential nominee a better chance at winning the money race by November, according to new disclosures Tuesday. Obama’s fundraising has continued to outpace that of his Republican challengers, amassing four times as much cash on hand at the end of December as front-runner Mitt Romney, records show.... But fresh disclosures ... reveal a key advantage now available to Republicans: a constellation of conservative groups that can raise unlimited money to help make up the difference with Obama’s campaign, which must abide by federal contribution limits." ...

... Nicholas Confessore & Michael Luo of the New York Times: "Close to 60 corporations and wealthy individuals gave checks of $100,000 or more to a 'super PAC' supporting Mitt Romney in the months leading up to the Iowa caucuses, according to documents released on Tuesday, underwriting a $17 million blitz of advertising that has swamped his Republican rivals in the early primary states." A related graphic of superPac donors, also linked in yesterday's Ledes is here. ...

... Reuters: "Stephen Colbert's presidential aspirations may not be serious, but his fundraising is. The late-night television comedian's Super PAC announced on Tuesday that it has raised more than $1 million. Shauna Polk, treasurer of Colbert's Super Political Action Committee 'Americans for a Better Tomorrow, Tomorrow,' said in a filing with the Federal Election Commission that, as of January 30, the group's donations totaled $1,023,121.24."

Ezra Klein on why the debt clock Mitt Romney carries around with him is wrong. But the right answer as to how much President Obama has contributed to the national deficit is hard to come by -- and also pretty meaningless when you try to compare it with other additions to the national debt created in different economic times.

Right Wing World

David Firestone of the New York Times does a nice job of parsing the Florida GOP primary: "Mr. Gingrich leaves the state a greatly diminished candidate, revealed as a man who would say virtually anything, no matter how absurd, to gain a slight advantage among groups of voters.... But Florida cost Mr. Romney some standing as well."

Jed Lewison of Daily Kos: "Why did Newt Gingrich win South Carolina? According to Romneyworld, it's largely because Republican voters there are a bunch of racists who can't tell the difference between Juan Williams and President Obama."

The White House has been trying to pretend like the President just showed up yesterday, just got sworn in and started fresh. In fact, he’s been in office for three years. He got everything he wanted from a completely compliant Congress for two of those three years…. We are living in the Obama economy. -- Sen. Minority Leader Mitch McConnell (R-Kentucky) on CNN Sunday ...

... Sahil Kapur of TPM: McConnell's argument is "intended as a counterpoint to the President’s re-election strategy of attacking the congressional GOP as do-nothing obstructionists. But it’s also a revisionist history of the 111th Congress, during which McConnell more than any other Republican in Washington stood athwart Obama’s agenda to great effect.... By forcing Democrats to find 60 votes to nearly every action, McConnell and his members were able to block major initiatives including climate change and immigration reform bills, various appropriations bills, myriad presidential appointments, and arguably also a Democratic effort to let the Bush tax cuts expire for high incomes. Meanwhile, big legislative items that did pass, such as health care reform and the economic stimulus package, were notably scaled back as a result of the GOP filibusters."

CW: It's sort of fun to watch conservative "deep thinkers" think up reasons why rich people should pay taxes at a lower rate than do many in the middle class. Here's Jonathan Bernstein making mincemeat of Douglas Holtz-Eakin, who is one of the top economist-apologists for the right.

News Ledes

The Hill: "The House voted Wednesday to freeze federal workers' pay until the end of 2013. The 309-117 vote ... gave the GOP political momentum for the first time since the fall. The Democratic defections [72 voted with the majority] came in defiance of opposition from Minority Leader Nancy Pelosi (D-Calif.) and President Obama, who has proposed a 0.5 percent federal raise for 2012. The legislation came in a blitz of GOP fiscal bills designed to regain the upper hand Republicans lost when Obama and the Democrats handed them a heavy defeat last year on extending the payroll tax holiday."

NBC News: "Senate Democrats decried the influx of millions in unregulated dollars in the 2012 elections, announcing Wednesday that they will hold hearings looking into the impact of super PACs. New York Sen. Charles Schumer ... announced that the Rules committee will begin hearings this month on super PACs.... Schumer pointed to Mitt Romney's victory in Florida's Republican primary as evidence of the outsize influence of super PACs."

New York Times: "At least 73 people were killed in a brawl between rival groups of soccer fans after a match in the city of Port Said, [Egypt,] on Wednesday, the bloodiest outbreak of lawlessness since the ouster of President Hosni Mubarak one year ago. The riot refocused attention on the failure of the transitional government to re-establish a sense of order and stability in the streets and threatened to provoke a new crisis for Egypt’s halting political transition."

New York Times: "Wislawa Szymborska, a gentle and reclusive Polish poet who won the 1996 Nobel Prize in Literature, died on Wednesday in Krakow, Poland. She was 88."

New York Times: "Facebook, the vast online social network, is poised to file for a public stock offering on Wednesday that will ultimately value the company at $75 billion to $100 billion, cashing in on the fuel that powers the engine of Internet commerce: personal data." ...

     ... Update: "Facebook ... took its first step toward becoming a publicly traded company on Wednesday as it filed to sell shares on the stock market. The service ... is on track to be the largest Internet initial public offering ever — trumping Google’s in 2004 or Netscape’s nearly a decade before that. In its filing, Facebook, which has more than 845 million users worldwide, said it was seeking to raise $5 billion, according to a figure used to calculate the registration fee."

Reuters: "The U.S. military said in a secret report that the Taliban, backed by Pakistan, are set to retake control of Afghanistan after NATO-led forces withdraw, raising the prospect of a major failure of Western policy after a costly war. Lieutenant Colonel Jimmie Cummings, a spokesman for the NATO-led International Security Assistance Force, confirmed the existence of the document, reported on Wednesday by Britain's Times newspaper and the BBC." ...

     ... New York Times Update: The report, which Times reporters have seen, "abounds with accounts of cooperation between the insurgents and local government officials or security forces, as well as accounts from Taliban detainees who claim that in areas where coalition soldiers are withdrawing, the Afghan military is cooperating with the insurgents."

New York Times: "Julian Assange, the founder of WikiLeaks, went before Britain’s Supreme Court on Wednesday in the latest chapter of a long-running battle to avoid extradition to Sweden to answer accusations of sexual misconduct." The Guardian is liveblogging the proceedings.

Guardian: James Clapper, "the head of US intelligence, has warned that there is an increasing likelihood that Iran could carry out attacks in America or against US and allied targets around the world. The warning ... reflects rapidly rising tensions over Iran's nuclear programme after the US and EU announced embargoes on the Iranian oil trade in the past few weeks, Israel leaked details of its preparation for a possible conflict and both the west and Iran boosted their military readiness in the Gulf."

** NBC News: "Pfizer said on Tuesday it was recalling about a million packets of birth control pills in the United States because they may not contain enough contraceptive to prevent pregnancy." With video report. ...

Los Angeles Times: "Susan G. Komen for the Cure, a leader in fundraising for breast cancer research and famous worldwide for its iconic pink ribbon, said Tuesday that it was halting all partnerships with Planned Parenthood affiliates because of recently adopted criteria that forbid it from funding any organization under government investigation." ...

... New York Times: "Nearly half of women who had lumpectomies for breast cancer had second operations they may not have needed because surgeons have been unable to agree on guidelines for the most common operation for breast cancer, a new study finds. It also hints that some women who might benefit from further surgery may be missing out on it."

Guardian: "A federal judge in Washington DC has ruled that the National Park Service must give Occupy protesters camped out in two of the US capital's parks 24 hours' notice before clearing out their encampments. District judge James Boasberg upheld the anti-camping regulations at McPherson Square and Freedom Plaza – but ruled that park police must give the occupiers a full day's notice before any clearout." ...

... Washington Post: "Occupy D.C. protesters spent Monday night huddled under the celestial sweep of a blue tarp they had erected in McPherson Square, talking, singing and, yes, sleeping — in defiance of rules that prohibit overnight camping in the park."

New York Times: NYSE Euronext and Deutsche Börse of Germany said on Wednesday that they are in talks to call off their planned merger, after European antitrust regulators formally opposed the deal."

AFP: "Long-lost audio recordings of the aftermath of president John F. Kennedy's assassination have been made public, captivating historians and stirring fascination about that fateful day. Almost 50 years after the November 22, 1963 assassination, a two hour and 22 minute reel was found among the personal effects of JFK's senior military aide, Major General Chester Clifton, who died in 1991." You can download the MP3 files from this Government Printing Office page.