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1:30 AM ET, June 20, 2008

memeorandum

 Top Items: 
Glenn Greenwald / Salon:
George Bush's latest powers, courtesy of the Democratic Congress  —  CQ reports (sub. req.) that “a final deal has been reached” on FISA and telecom amnesty and “the House is likely to take up the legislation Friday.”  I've now just read a copy of the final “compromise” bill.  It's even worse than expected.
RELATED:
Eric Lichtblau / New York Times:
Deal Reached in Congress to Rewrite Rules on Wiretapping  —  WASHINGTON — After months of wrangling, Democratic and Republican leaders in Congress struck a deal on Thursday to overhaul the rules on the government's wiretapping powers and provide what amounts to legal immunity to the phone companies …
Wall Street Journal:
Lawmakers Reach Deal To Expand Surveillance  —  WASHINGTON — After more than a year of partisan acrimony over government surveillance powers, Democratic and Republican leaders have agreed to a bipartisan deal that would be the most sweeping rewrite of spy powers in three decades.
Josh Patashnik / The New Republic:
How Bad Is the FISA Deal?
David Kurtz / Talking Points Memo:   THAT'S SOME COMPROMISE  —  Who really thinks that the White House …
Matthew Yglesias:
My Mom's White!  And I'm From America!  —  I feel like Barack Obama's new general election ad is a bit unsubtle.  —  The campaign says they're running it on a very aggressive 18 state play that includes Alaska, Georgia, Indiana, Montana, North Carolina, North Dakota, and Virginia.
RELATED:
Jeralyn / TalkLeft:
Obama's New Patriotic, Family Values Ad
Discussion: The Fix and SquareState.net
Marc Ambinder:
Obama Airs First General Election Ad
Discussion: Open Left, TownHall Blog and Daily Kos
Jerome Armstrong / MyDD:
Oil uh oh  —  When I first heard McCain come out for drilling offshore for Oil, I knew something must have shifted in public opinion over the matter, especially when FL Gov Crist came out for it: … Rasmussen has more on the polling, in FL, in OH, and nationally.
RELATED:
Ben Casselman / Wall Street Journal:
Lifting Ban Wouldn't Be Immediate Fix for Oil
Ed Henry / CNN:
Oil policy may spell trouble for McCain this fall
Discussion: Macsmind
Ed OKeefe / Political Punch:
Obama to Break Promise, Opt Out of Public Financing for General Election  —  In a web video to supporters — “the people who built this movement from the bottom up” — Sen. Barack Obama, D-Illinois, announced this morning that he will not enter into the public financing system, despite a previous pledge to do so.
RELATED:
David Nather / Beyond the Dome:
Obama's Ethics Allies are Not Pleased
New York Times:
Obama Opts Out of Public Financing for Campaign
Ben Smith / Ben Smith's Blogs:
Obama apologizes to Muslim women; apology accepted  —  Sen. Barack Obama today called the two Muslim women who were barred from sitting behind him at his Detroit rally to apologize, one of the women and two other sources said.  —  “Sen. Obama called himself and he apologized to each of us …
RELATED:
Debbie Schlussel:
Muslim Grievance Theater: Hijab Women Dissed @ Obama Rally …
Discussion: Gateway Pundit
Matea Gold / Show Tracker:
Brian Williams is temp replacement for Russert on ‘Meet the Press’ on Sunday  —  NEW YORK — NBC executives decided today that “NBC Nightly News” anchor Brian Williams will host “Meet the Press” this Sunday as the network ponders a permanent replacement for moderator Tim Russert.
RELATED:
The Trail:   Williams Gets the Call for “Meet the Press”
Joe Klein / Time:
In with the Old  —  Barack Obama has never been shy about comparing himself to Abraham Lincoln.  He did so when he announced his candidacy at the Illinois state capitol, where both he and Lincoln served in the legislature.  “The life of a tall, gangly, self-made Springfield lawyer tells us …
Discussion: Daily Kos
RELATED:
Noam Scheiber / The New Republic:
Gates As Obama SecDef?
Discussion: Matthew Yglesias
US Department of Justice:
More Than 400 Defendants Charged for Roles in Mortgage Fraud Schemes as Part of Operation “Malicious Mortgage”  —  Two Senior Managers of Failed Bear Stearns Hedge Funds Indicted Today in Separate Mortgage-Related Securities Fraud Case  —  WASHINGTON - The Department of Justice and Federal Bureau …
RELATED:
Associated Press:
Hundreds indicted in mortgage fraud probe
Discussion: Crooks and Liars
Southern Political Report:
McCain and Obama tied in Georgia  —  A New InsiderAdvantage / PollPosition survey conducted June 18 of registered likely voters in the November presidential contest shows Sen. John McCain leading Sen. Barack Obama by a single point in Georgia, making the race in Georgia a statistical tie.
Michael J. Totten / Commentary:
Don't Miss the Zohan  —  If you've seen the trailer for Adam Sandler's new movie You Don't Mess with the Zohan, it may be tempting to write it off as yet another low-brow comedy aimed at fifteen-year-old boys and best avoided by everyone else.  But wait.  After Hollywood's recent spate …
Carpetbagger / The Carpetbagger Report:
It's a delicate dance, and John McCain is ‘liable to break a hip’  —  Long-time readers know that I've been emphasizing John McCain's dozens of major policy flip-flops for months now, hoping that this would a) catch on as a campaign issue; and b) undermine McCain's unearned reputation for principled stands on the issues.
Discussion: rubber hose
Timothy P. Carney / Examiner:
Commentary - Bank of America PAC money behind Dodd's Countrywide loan  —  WASHINGTON (Map, News) - “We call it the ‘Bank of America bill on steroids.’” A House staffer told me that, demanding anonymity, but speaking on behalf of aides to GOP members of the House Financial Services Committee.
Discussion: Redstate and Commentary
International Herald Tribune:
U.S. says exercise by Israel seemed directed at Iran  —  WASHINGTON: Israel carried out a major military exercise earlier this month that American officials say appeared to be a rehearsal for a potential bombing attack on Iran's nuclear facilities.  —  Several American officials …
Discussion: Pat Dollard
Joel Achenbach / Washington Post:
Iowa Flooding Could Be An Act of Man, Experts Say  —  As the Cedar River rose higher and higher, and as he stacked sandbags along the levee protecting downtown Cedar Falls, Kamyar Enshayan, a college professor and City Council member, kept asking himself the same question: “What is going on?”
Megan McArdle:
By request: hiring convicts  —  Ta-Nehisi Coates has asked for a post on the economics of hiring felons.  —  The obvious common-sense fear is that ex-convicts will steal from you.  But a conviction also signals other undesireable traits.  Criminals tend to be poor, yes, and have bad educations.
John McCain 2008:
I Will Deliver Justice  —  Senator Obama is obviously confused about what the United States Supreme Court decided and what he is calling for.  After enthusiastically embracing the Supreme Court decision granting habeas in U.S. civilian courts to dangerous terrorist detainees …
Discussion: Commentary
 
 
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 More Items: 
Ben Smith / Ben Smith's Blogs:
McCain aide plays sexism card
Jim Rutenberg / New York Times:
Taking On McCain for a Comment on the War
Greg Sargent / TPM Election Central:
On Private Conference Call, Hillary Urges Major Donors To Throw Weight Behind Obama
Discussion: Pajamas Media and TIME.com
Larry Peterson / Savannah Morning News:
Obama endorse U.S. Rep. John Barrow over Regina Thomas
Atrios / Eschaton:
Shorter Many Months Of Self-Righteousness
Matthew Yglesias:
The Love  —  Foreign Policy lists five reasons to love $4 gasoline.
Discussion: Commentary
Ed Morrissey / Hot Air:
Team McCain Conference Call: Fred Thompson on National Security
Discussion: TownHall Blog
 Earlier Items: 
Alec MacGillis / The Trail:
AFSCME, a Former Critic, Endorses Obama
Discussion: MyDD, Salon and Cliff Schecter
Human Events:
Outlook  — The widely expected pivot to the center …
Discussion: Daily Kos and Crooks and Liars
Dana Blanton / Fox News:
FOX News Poll: Americans Proud to Have Obama, McCain as President
Lisa Schiffren / The Corner:
Rules for Threesomes  —  I did not want Corner readers to miss …
Discussion: TBogg and alicublog
Scott Horton / The New Republic:
Travel Advisory  —  The U.S. isn't likely to try Bush …
Kathleen Kingsbury / Time:
Pregnancy Boom at Gloucester High
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

 
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