Top Items:
Mike Allen / The Politico:
‘Scare tactic’ — Obama slams Muslim portrayal — The Obama campaign is condemning as “tasteless and offensive” a New Yorker magazine cover that depicts Sen. Barack Obama (D-Ill.) in a turban, fist-bumping his gun-slinging wife. — An American flag burns in their fireplace. — The New Yorker says it's satire.
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Mike Allen / Jonathan Martin's Blogs:
Ya can't make it up — The New Yorker says it's satire. It certainly will be candy for cable news. — At a press availability Sunday afternoon in San Diego, Senator Obama was asked, according to the diligent Maria Gavrilovic of CBS News: “The upcoming issue of the New Yorker …
Discussion:
The New Republic, Doug Ross, Pajamas Media, Althouse, Moonbattery, The Volokh Conspiracy, TIME.com, JammieWearingFool, The Strata-Sphere and TalkLeft
Zzaki / Political Punch:
Obama Camp Hammers New ‘Ironic’ New Yorker Cover Depicting Conspiracists' Nightmare of Real Obamas — The sophisticates at The New Yorker have come up with a cover that is sure to get the magazine a lot of attention. Negative attention. From their friends.
John Aravosis / AMERICAblog News:
New Yorker cover shows Oval Office with Obama as tribal African, wife as afro-70s-woman with machine gun, Osama on the wall, and flag on fire … More from Jake Tapper at ABC:
Nico Pitney / The Huffington Post:
Barry Blitt Defends His New Yorker Cover Art Of Obama — Barry Blitt is the artist behind this week's very controversial New Yorker cover of Barack and Michelle Obama. Via email, I asked him to respond to those who feel that his work was offensive, and to explain his own personal feelings about the Obamas.
Ryan Lizza / New Yorker:
MAKING IT — How Chicago shaped Obama. — Barack Obama on the South Side during his first campaign, for the State Senate. An outsider in Chicago's system, he was meticulous about constructing his own political identity and coalition. Photograph by Marc PoKempner.
The Huffington Post:
Yikes! Controversial New Yorker Cover Shows Muslim, Flag-Burning, Osama-Loving, Fist-Bumping Obama — Who knows if they'll get this in Dubuque, but they sure aren't going to like it in Chicago: This week's New Yorker cover features an image of Michelle and Barack Obama …
Kevin Drum / Washington Monthly:THAT NEW YORKER COVER....I blogged a few hours ago about Ryan …
Discussion:
Grasping Reality …
Stephen Labaton / New York Times:
Treasury Acts to Save Mortgage Giants — WASHINGTON — Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration on Sunday asked Congress to approve a sweeping rescue package that would give officials the power to inject billions …
Discussion:
EconLog, Matthew Yglesias, TPMCafe, PrestoPundit, Buck Naked Politics, Connecting.the.Dots, RADAMISTO and The Agonist
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Paul Krugman / New York Times:
Fannie, Freddie and You — And now we've reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be? — Well, I'm going to take a contrarian position …
Bloomberg:
Paulson Statement on Freddie Mac, Fannie Mae: Full Text — July 13 (Bloomberg) — Following is the text of a statement issued today by Treasury Secretary Henry Paulson: — Fannie Mae and Freddie Mac play a central role in our housing finance system and must continue to do so in their current form as shareholder-owned companies.
Discussion:
Firedoglake, Mish's Global Economic …, naked capitalism, Swampland, the talking dog and Emptywheel
Board of Governors of the Federal Reserve System:
For immediate release — The Board of Governors of the Federal Reserve System announced Sunday that it has granted the Federal Reserve Bank of New York the authority to lend to Fannie Mae and Freddie Mac should such lending prove necessary. Any lending would be at the primary credit rate …
James Hamilton / Econbrowser:The Fannie and Freddie assistance plan
Discussion:
Portfolio.com, Angry Bear, EconLog, Marginal Revolution, Economist's View and naked capitalism
Nico Pitney / The Huffington Post:
Mark Sanford Draws A Blank On McCain/Bush Economics — The most painful clip from the Sunday morning shows: top McCain VP prospect Mark Sanford “drawing a blank” (in his own words) on live TV when asked to name a major economic policy that President Bush and John McCain disagree on. — The transcript:
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Carlotta Gall / New York Times:
9 Americans Die in Afghan Attack — KABUL, Afghanistan — Taliban insurgents carried out a bold assault on a remote base near the border with Pakistan on Sunday, NATO reported, and a senior American military official said nine American soldiers were killed.
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MsUnderestimated:
WESTBORO BAPTIST CHURCH TO PICKET TONY SNOW'S FUNERAL — Dear God, please let the Patriot Guard Riders know about this ahead of time. The Phelps gang is ready to strike, and they outline their intent here. — Please pass this along to all who can get the word out so we can stop these fools.
Discussion:
NewsBusters.org
CNN:
CNN exclusive: Obama on foreign policy — Editor's note: Fareed Zakaria is a pre-eminent foreign affairs analyst and hosts “Fareed Zakaria: GPS” on CNN at 1 p.m. ET Sunday. — (CNN) — Sen. Barack Obama discussed his vision for the world in a wide-ranging foreign policy discussion with CNN's Fareed Zakaria.
Gallup:
Gallup Daily: Presidential Preferences Remain in “the Zone” — Presidential race has been highly stable for the last two weeks — PRINCETON, NJ — Barack Obama wins the support of 46% of national registered voters interviewed in Gallup Poll Daily tracking from July 10-12, while John McCain is not far behind with 43%.
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