SHORT TAKES ON THE DRIFTING WRECKAGE – AT 11:43 P.M. ET: 

GRAHAM IN? – From The Hill:  "South Carolina Sen. Lindsey Graham (R) says he could be a presidential candidate in 2016.  The outspoken two-term Senator, known as a foreign policy hawk, told The Weekly Standard that if the hawks aren’t well represented when the 2016 field begins to solidify, he might throw his hat into the ring. "  I know that many Republicans don't care much for Graham, but he has been a rock-solid voice for a strong national defense, which Republicans overwhelmingly favor.  He won't get the nomination, however he could contribute importantly to the debate.  He would clearly be a counter to Rand Paul.

AND NOW THE BAD NEWS – There's all kinds of giddiness on the Dem side about today's jobs report, showing strong job growth.  But the downside is far more significant.  From CNS:  "A record 92,584,000 Americans 16 and older did not participate in the labor force in September, as the labor force participation rate dropped to 62.7 percent, a level it has not seen in 36 years, the Bureau of Labor Statistics reported on Friday.  Six times in the last twelve months the participation rate has been as low as 62.8 percent; but September's 62.7 percent is the lowest since February of 1978."  That is very grim.  The number of Americans not working is stunning.

THE HACKERS – From The New York Times:  "The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation. But it could have been much worse.  Questions over who the hackers are and the approach of their attack concern government and industry officials. Also troubling is that about nine other financial institutions — a number that has not been previously reported — were also infiltrated by the same group of overseas hackers, according to people briefed on the matter. The hackers are thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government, the people briefed on the matter said."  Guess the Obama reset button for Russia wasn't connected to this circuit.

October 3, 2014