The Note’s Must-Reads for Wednesday, November 16, 2011

Compiled by ABC News Digital News Associates Jacqueline Fernandez, Jayce Henderson and Amanda VanAllen

NEWT GINGRICH ABC News’ Huma Khan: “ Newt Gingrich’s Moment in the Sun, Will it Last?” It was just a few months ago when Newt Gingrich’s campaign appeared to be in peril. His entire senior staff resigned en masse, and he and wife Callista were blasted for vacationing in Greece while the campaign was just beginning to gain steam. Fast forward some four months, and Gingrich has jumped to the top of the polls, becoming — as Herman Cain might say — the “flavor of the week,”  trailing closely behind frontrunner Mitt Romney. LINK

Bloomberg’s Clea Benson and Dawn Kopecki: “ Gingrich Said to Be Paid at Least $1.6 Million by Freddie Mac” Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.  The total amount is significantly larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored by CNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse. LINK

The Wall Street Journal’s Dann Yadron: “ As Rivals Slip, Gingrich Finds Traction” Through the ups and downs of his presidential campaign, Newt Gingrich has cast himself as the candidate of “big ideas.” Now, voters such as Maurice Villeneuve say the policy stumbles of other GOP contenders are giving them a new appreciation for Mr. Gingrich, who is enjoying a rise in public opinion surveys in Iowa and nationally. LINK

IOWA The Los Angeles Times’ Kim Geiger: “ Cain, Paul, Romney and Gingrich tied in new Iowa poll” With just seven weeks to go before Iowa holds the first nominating contest of the GOP presidential primary, voters in the state remain ambivalent about their choices.  According to a new Bloomberg News poll, businessman Herman Cain leads the pack with 20% support among registered Republican and Republican-leaning voters, followed by Ron Paul at 19%, Mitt Romney at 18% and Newt Gingrich at 17%. LINK

Politico’s Juana Summers: “ Occupy Wall Street protesters force Cain Iowa cancellation” Herman Cain canceled a scheduled appearance at his Iowa campaign headquarters after Occupy Wall Street protesters arrived at the Urbandale office. Cain, according to Iowa campaign chair Steve Grubbs, was scheduled to appear at the office at 2:45 p.m. and meet with supporters, as well as speak to reporters. LINK

RICK PERRY The New York Daily News’ Aliyah Shahid: “ Rick Perry unveils ‘Uproot and Overhaul Washington’ plan in Iowa, would turn Congress into part-time gig” Rick Perry wants to turn the federal government on its head. In an attempt to resuscitate his struggling presidential campaign, the Texas governor delivered a major speech in Iowa on Tuesday, in which he called for shrinking the government and overhauling how things work on Capitol Hill. LINK

OTHER The Washington Post’s Philip Rucker and Nia-Malika Henderson: “ Rick Perry, Herman Cain try to do campaign damage control” Texas Gov. Rick Perry tried to salvage his presidential campaign on Tuesday with an unconventional plan to “uproot, tear down and rebuild Washington,” while businessman Herman Cain tried to project a new command of foreign policy one day after giving a response to a question about Libya that suggested he had no grasp of the issues involved. LINK

The New York Times’ Michael Shear: “ Flubs Are Rubbing Some Republicans the Wrong Way” The Republican presidential candidates have served comedians a full platter of laughs this year — a steady diet of gaffes, misstatements, puzzled looks and long, awkward pauses. LINK

The Washington Times’ Valerie Richardson: “ Elections give GOP a solid hold on South” The South, once solidly Democratic, is more solidly Republican than ever after the 2011 elections. As the last state legislative races were called this week from the Nov. 8 votes in Virginia and Mississippi, the party of Abraham Lincoln now controls both chambers of every state legislature in the 11 former states of the Confederacy, with the sole exception of Arkansas. LINK

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