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11:35 AM ET, June 5, 2009

memeorandum

 Top Items: 
The Corner:
The End of America's Strategic Alliance with Israel?  —  From an Israeli perspective, Pres. Barack Obama's speech today in Cairo was deeply disturbing.  Both rhetorically and programmatically, Obama's speech was a renunciation of America's strategic alliance with Israel.
RELATED:
Charles Krauthammer / Washington Post:
Barack Obama's Israeli Settlements Canard  —  President Obama repeatedly insists that American foreign policy be conducted with modesty and humility.  Above all, there will be no more “dictating” to other countries.  We should “forge partnerships as opposed to simply dictating solutions,” he told the G-20 summit.
Adam Horowitz / Mondoweiss:
Max Blumenthal: Feeling the Hate In Jerusalem on Eve of Obama's Cairo Address  —  Max Blumenthal writes: On the eve of President Barack Obama's address to the Muslim world from Cairo, Egypt, I stepped out onto the streets of Jerusalem with my friend Joseph Dana to interview young Israelis …
David Rogers / The Politico:
Democrats punt on war bill
Discussion: The Page
New York Times:
Forcing Clarity on Israel
Seth Stern / Legal Beat:
Sotomayor Repeatedly Referenced ‘Wise Woman’ in Speeches  —  Supreme Court nominee Sonia Sotomayor is greeted by Sen. Arlen Specter before a meeting on Capitol Hill Thursday.  (Getty)  —  Supreme Court nominee Sonia Sotomayor delivered multiple speeches between 1994 and 2003 in which she suggested …
RELATED:
Wall Street Journal:
Nominee's Criminal Rulings Tilt to Right of Souter  —  WASHINGTON — While Judge Sonia Sotomayor stands in the liberal mainstream on many issues, her record suggests that the Supreme Court nominee could sometimes rule with the top court's conservatives on questions of criminal justice.
Stuart Taylor / National Journal Online:
Race: Sotomayor And Obama Versus Voters  —  IT'S CLEAR THAT AMERICANS WANT RACIALLY PREFERENTIAL AFFIRMATIVE-ACTION PROGRAMS ABOLISHED.  —  Conservative critics of Judge Sonia Sotomayor may be digging themselves into a hole if they keep hurling the tired old “liberal activist” slogan at her.
Peter Baker / The Caucus:
New Documents Reveal Sotomayor's White House Contacts
RELATED:
Jeannine Aversa / Associated Press:
Jobless rate hits 9.4 percent in May; layoffs slow  —  Jobless rate jumps to 9.4 percent in May, even as layoffs slow to 345,000  —  WASHINGTON (AP) — With companies in no mood to hire, the unemployment rate jumped to 9.4 percent in May, the highest in more than 25 years.
Jared Allen / The Hill:
Intel firestorm: GOP reveals briefing info  —  Republicans ignited a firestorm of controversy on Thursday by revealing some of what they had been told at a closed-door Intelligence Committee hearing on the interrogation of terrorism suspects.  —  Democrats immediately blasted the GOP lawmakers …
Deborah Solomon / Wall Street Journal:
White House Set to Appoint a Pay Czar  —  WASHINGTON — The Obama administration plans to appoint a “Special Master for Compensation” to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.
Stephen Gutowski / NewsBusters.org:
Liberal Writer Fired By AOL News For Reporting Vile Playboy List  —  Editor's Note/Update below.  —  AOL News has been bending over backwards lately to make sure that the do not cover the controversy surrounding Playboy.com writer Guy Cimbalo's vile attack on conservative women.
Wall Street Journal:
FDIC Pushes Purge at Citi  —  Bair Wants to Shake Up Management, Sought to Cut Rating of Bank's Health  —  WASHINGTON — The Federal Deposit Insurance Corp. is pushing for a shake-up of Citigroup Inc.'s top management, imperiling Chief Executive Vikram Pandit, people familiar with the matter said.
RELATED:
Yalman Onaran / Bloomberg:
Bank Profits From Accounting Rules Masking Looming Loan Losses
Discussion: ProPublica
Paul Krugman / New York Times:
Keeping Them Honest  —  “I appreciate your efforts, and look forward to working with you so that the Congress can complete health care reform by October.”  So declared President Obama in a letter this week to Senators Max Baucus and Edward Kennedy.  The big health care push is officially on.
RELATED:
Greg Mankiw / Greg Mankiw's Blog:
What's the point of a public option?
Discussion: Marginal Revolution
Lydia Saad / Gallup:
Cheney and Pelosi Have Poor Ratings in Common  —  Pelosi's ratings down, while Cheney's improved from record low  —  PRINCETON, NJ — Democratic House Speaker Nancy Pelosi and former Vice President Dick Cheney have little in common politically, but they receive almost identical image ratings from the American public.
Nicholas Kulish / New York Times:
Rift With Germany Is Next on Diplomatic Agenda  —  DRESDEN, Germany — After mending fences with the Muslim world in Cairo on Thursday, President Obama might want to keep his diplomatic tools handy for his stopover here, to repair his increasingly strained relationship with Chancellor Angela Merkel.
Discussion: Don Surber and RedState
RELATED:
New York Times:
Merkel Backs Obama on Push for Mideast Accord
Discussion: The Page and MSNBC
Megan McArdle:
Elizabeth Warren and the Terrible, Horrible, No Good, Very Bad, Utterly Misleading Bankruptcy Study  —  Elizabeth Warren has another study out showing that medical expenses contribute to more than half of all bankruptcies—indeed, this time, it's 70%, up from the 50% she found in 2001.
Sean Cockerham / Anchorage Daily News:
Lawmakers muster votes to override governor  —  STIMULUS: Palin makes Alaska the sole state to reject energy cost relief.  —  scockerham@adn.com  —  Legislative leaders say they appear to have enough votes to override Gov. Sarah Palin's veto of $28.6 million in federal stimulus money for energy cost relief.
Discussion: Glenn Thrush's Blog
Glenn Greenwald / Salon:
Are House Democrats about to block Obama's new secrecy law?  —  Earlier this week, I noted that the Senate had passed — with Obama's support — a pernicious amendment to the spending supplemental bill, jointly sponsored by Sens. Lindsey Graham and Joe Lieberman, that empowers Obama and the Pentagon …
Discussion: TalkLeft and Campaign Silo
 
 
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 More Items: 
Taegan Goddard's Political Wire:
Crist Way Ahead of Rubio in Florida Primary
New York Times:
Bank of America Ousts Head of Risk Oversight
Discussion: Dealbreaker and Felix Salmon
Sarah Posner / American Prospect:
ABORTION FOE TO LEAD HHS FAITH-BASED OFFICE.
Jim Davenport / Associated Press:
SC high court orders Gov. Sanford to request money
Discussion: MSNBC, Reason and RedState
 Earlier Items: 
Ylan Q. Mui / Washington Post:
A Race to Keep Up With the Tightwads
Martin Kady II / The Politico:
Feds charge Countrywide execs
Discussion: Don Surber
Yoanisanchez / Generation Y:
Doors that open, bars that close
Discussion: Babalú Blog
 

 
From Mediagazer:

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”

Mark Sweney / The Guardian:
National World, one of the UK's biggest newspaper groups, gets a £56.2M buyout offer from shareholder Media Concierge, a 40% premium to its Nov. 21 stock price

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

 
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