TPM News

As the UN General Assembly meets in New York Tuesday, Texas Gov. Rick Perry will hold a pro-Israel rally with several Israeli politicians, the New York Observer reports.

So much for President Obama’s unchallenged primary run. In a letter released today, prominent “progressives” including former presidential candidate Ralph Nader announced they are seeking a slate of candidates to challenge the incumbent for the Democratic nomination in next year’s primaries.

‘Without debates by challengers inside the Democratic Party’s presidential primaries, the liberal/majoritarian agenda will be muted and ignored,’ the letter read. ‘The one-man Democratic primaries will be dull, repetitive, and draining of both voter enthusiasm and real bright lines between the two parties that excite voters.’

The letter was endorsed by 45 ‘distinguished leaders’ and included Princeton professor Cornel West, who has been highly critical of President Obama as of late. ‘His administration has tilted too much toward Wall Street,’ said West. ‘We need policies that empower Main Street.’

Perhaps the president’s deficit plan, which was released earlier today, will calm matters. Conservatives have been up in arms over the plan; with many of this right-leaning critics calling it ‘class warfare.’

CORRECTION: An earlier version of this entry suggested Mr. Nader was announcing his intention to primary President Obama on his own. TPM regrets the error.

Treasury Secretary Tim Geithner strongly rejected the way he is depicted in "Confidence Men," Ron Suskind's new book on the Obama administration's economic policies and efforts to shore up the financial sector in the wake of the collapse.

"I haven't read this book, but -- to borrow a phrase -- I've lived the reality," Geithner told reporters at a White House press briefing Monday. "Reports about this book bear no resemblance to the reality we lived."

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This week, Facebook finally hosts the 2012 version of its somewhat-annual developers' conference, F8.

Facebook is expected to announce new integration points with its site for the music, film, and TV industries.

The stakes could not be higher.

Facebook is not a mildly ambitious company. Leadership tells new executives that their goal is to grow the company into a trillion dollar market cap.

Go ahead and try to name some companies with a trillion dollar market cap. (You can't.)
The ambitions are, of course, justifiable.

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Like his chief opponent in the Republican presidential nomination hunt, Rick Perry is focusing his response to President Obama's deficit reduction plan on the tax increases for the super-rich, not on the spending cuts.

"President Obama's plan is a bait and switch that offers more than a trillion dollars in higher taxes for a promise of temporary tax relief," Perry said in a statement Monday. "The president penalizes investment when it is needed most, discourages charitable giving and doubles down on a failed government stimulus strategy."

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Remember last year, when all eyes were on a proposed Islamic community center near Ground Zero? Protesters and politicians railed against the project, arguing that it disgraced hallowed ground.

Well, the center's organizers are finally opening an exhibit in the space. So, what's the Sharia-infused project in question, you ask? A photography exhibit, featuring portraits of children from around the world living in New York City.

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WASHINGTON (Reuters) – The military’s “Don’t Ask, Don’t Tell” law for gay personnel is slated to run out as scheduled on Tuesday, the armed forces said, ending a 17-year rule fraught with controversy.

UNITED NATIONS (Reuters) – President Mahmoud Abbas told the United Nations' top official on Monday he would seek full U.N. membership for a Palestinian state, a move the United States and Israel warn could lead to disaster and shatter chances for resuming peace negotiations.