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10:10 AM ET, July 13, 2008

memeorandum

 Top Items: 
Times of London:
US Treasury rescue for Fannie Mae and Freddie Mac  —  Treasury secretary looks at $15 billion cash injection for crisis-hit mortgage lenders  —  US TREASURY secretary Hank Paulson is working on plans to inject up to $15 billion (£7.5 billion) of capital into Fannie Mae and Freddie Mac …
RELATED:
stephenbainbridge.com:
The Imminent Fannie Mae and Freddie Mac Debacle  —  Fannie Mae “is a government sponsored enterprise (GSE) of the United States federal government.  It is a shareholder-owned corporation authorized to make loans and loan guarantees.  It is not backed or funded by the U.S. government …
Faiz / Think Progress:
Bush Homeland Security Aide Caught On Tape Offering High-Level Access For Donations To Bush Library  —  The Sunday Times reports Stephen Payne, a Bush pioneer and a political appointee to the Homeland Security Advisory Council, was caught on tape offering access to key members …
RELATED:
Daniel Foggo / Times of London:
President George W Bush lobbyist in ‘cash for access’ row  —  A lobbyist with close ties to the White House is offering access to key figures in George W Bush's administration in return for six-figure donations to the private library being set up to commemorate Bush's presidency.
Discussion: Emptywheel and Majikthise
New York Times:
The Times Interviews John McCain  —  Following are excerpts of a transcript of an interview conducted by The New York Times's Adam Nagourney and Michael Cooper with Senator John McCain in Hudson, Wisconsin, on July 11.  The answers are transcribed verbatim; some of the questions are paraphrased.
RELATED:
N. Gregory Mankiw / New York Times:
What if the Candidates Pandered to Economists?  —  IN the months to come, John McCain and Barack Obama will be vying for the support of various voting blocs.  It is safe to say, however, that one group won't get much attention: economists.  —  The American Economic Association represents …
Los Angeles Times:
Obama, McCain agree on many once-divisive issues  —  Their similar stances on immigration, nuclear weapons, global warming and stem-cell research are evidence of a centrist shift in the political landscape.  —  WASHINGTON — For Amy Rick, the 2008 presidential election is a win-win situation.
CNSNews:
Global Warming Led to ‘Black Hawk Down,’ Congressman Says  —  On the Spot (CNSNews.com) - A top Democrat told high school students gathered at the U.S. Capitol Thursday that climate change caused Hurricane Katrina and the conflict in Darfur, which led to the “black hawk down” battle between U.S. troops and Somali rebels.
Ed Morrissey / Hot Air:
Today's cover feature in Bus & Driver: Bernie Mac  —  Barack Obama today has distanced himself from comedian Bernie Mac after an appearance at an Obama fundraiser last night.  The comic performed a profanity-laced set at the function which ended with hecklers telling him to get off the stage …
RELATED:
Thers / Firedoglake:
OBAMA ROCKED BY SCANDAL: Is Presidential Bid Over?
Marie Colvin / Times of London:
Nouri al-Maliki ready to oust US from Iraq green zone  —  The green zone of Baghdad, a highly fortified slice of American suburbia on the banks of the Tigris river, may soon be handed over to Iraqi control if the increasingly assertive government of Nouri al-Maliki, the prime minister, gets its way.
Discussion: Newshoggers.com
Steven Lee Myers / New York Times:
U.S. Considers Increasing Pace of Iraq Pullout  —  WASHINGTON — The Bush administration is considering the withdrawal of additional combat forces from Iraq beginning in September, according to administration and military officials, raising the prospect of a far more ambitious plan than expected only months ago.
CNN:
McKinney is Green Party presidential nominee  —  (CNN) — The liberal environmentalist Green Party nominated former Congresswoman Cynthia McKinney as its presidential candidate Saturday.  —  McKinney, 53, held off three rivals to win the party's nomination during its convention in Chicago, Illinois.
Discussion: Tammy Bruce
CNNMoney.com:
The fall of IndyMac  —  Feds seize bank - once a leading mortgage lender.  It may turn out to be most expensive collapse ever.  One thing is sure: The credit crisis is still with us.  —  NEW YORK (CNNMoney.com) — In what could turn out to be the most expensive bank failure ever …
Discussion: Blogs of War and AMERICAblog News
RELATED:
Loan Customers / FDIC:
Failed Bank Information
Discussion: PoliPundit.com and MarketWatch
 
 
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 More Items: 
Ezra Levant:
Levant to Congress: put Canada on the watch list of human rights abusers
Discussion: Daimnation!
New York Times:
There He Goes Again
Discussion: Angry Bear
Associated Press:
Doctors Clear Cheney on Health
Jane Mayer / Washington Post:
Collateral Damage  —  The Inside Story of How the War …
New York Times:
Dissident's Tale of Epic Escape From Iran's Vise
 Earlier Items: 
Uzi Mahnaimi / Times of London:
President George W Bush backs Israeli plan for strike on Iran
Jonn Lilyea / This ain't Hell …:
The Ron Paul Revolution in full swing
William Yardley / New York Times:
Obama Supporters on the Far Left Cry Foul
 

 
From Mediagazer:

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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