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12:20 PM ET, July 6, 2009

memeorandum

 Top Items: 
Ross Douthat / New York Times:
Palin and Her Enemies  —  If Sarah Palin's political career ended last Friday, 10 tumultuous months after she was introduced as the Republican Party's vice-presidential nominee, those five words will be its epitaph.  —  Had she refused John McCain, Palin would still be a popular female governor …
RELATED:
Fred Barnes / Weekly Standard:
Palin's Prospects  —  She dashed her chances of winning the 2012 nomination, but a path to the presidency remains open to Sarah Palin.  —  Forget about Sarah Palin as the Republican presidential candidate in 2012 and probably ever.  She may have no interest in seeking the GOP nomination.
New York Times:
Legal Bills Swayed Palin, Official Says  —  Lt. Gov. Sean Parnell of Alaska said Sunday that Gov. Sarah Palin's decision to resign was largely prompted by the personal legal costs of the ethics investigations against her.  —  Ms. Palin announced on Friday that she would quit her job near …
Wall Street Journal:
The Palin Puzzle  —  This isn't the way to win in 2012.  —  Printer  —  Friendly  —  The political class is flummoxed by Sarah Palin's decision to quit as Alaska Governor, and understandably so.  Giving up on an executive job a year and a half early isn't the best way to persuade voters you're ready …
Tim Weiner / New York Times:
Ex-Defense Secretary Robert S. McNamara Dies at 93  —  Robert S. McNamara, perhaps the most influential defense secretary of the 20th century, who helped lead the nation into the maelstrom of Vietnam and spent the rest of his life wrestling with the war's moral consequences …
RELATED:
Thomas W. Lippman / Washington Post:
Robert McNamara, Architect of Vietnam War, Dies at 93  —  Robert Strange McNamara, the former secretary of defense whose record as a leading executive of industry and a chieftain of foreign financial aid was all but erased from public memory by his reputation as the primary architect …
Mike Allen / The Politico:
Presented by The First Five Years Fund: Offers pour in for Sarah Palin from left, right and center - Next two weeks could be make-or-break for health care - Al Franken to be sworn in tomorrow  —  BIRTHDAY: DNC's Cloe Axelson (hat tip: Mike Czin)  —  BREAKING - Bloomberg …
RELATED:
Andy McCarthy / The Corner:
Obama: Student Radical  —  During the campaign, I wrote a piece called “Why Won't Obama Talk About Columbia?  — The years he won't discuss may explain the Ayers tie he keeps lying about.”  So now, nearly six months into the Obama presidency, the mainstream media has finally done a bit …
Kevin Hassett / Bloomberg:
California's Nightmare Will Kill Obamanomics: Kevin Hassett  —  Last week, we discovered that the state of California will gladly pay you Tuesday for a hamburger today.  —  With California mired in a budget crisis, largely the result of a political impasse that makes spending cuts …
Washington Post:
Former Lawmakers and Congressional Staffers Hired to Lobby on Health Care  —  Firms Are Enlisting Ex-Lawmakers, Aides  —  The nation's largest insurers, hospitals and medical groups have hired more than 350 former government staff members and retired members of Congress in hopes of influencing …
Jeffrey Young / The Hill:
Schumer promises public option in healthcare bill  —  The healthcare reform bill that emerges from Congress this year will include a government-run public health insurance option, regardless of the bipartisan negotiations seeking a compromise in the Senate, Sen. Chuck Schumer (D-N.Y.) said Sunday.
RELATED:
David M. Drucker / Roll Call:
Senate's Health Timeline May Slip
Discussion: Washington Post and TPMDC
Nadia Gilani / Times of London:
Wife blows MI6 chief's cover on Facebook  —  The wife of the new head of MI6 has caused a major security breach and left his family exposed after publishing photographs and personal details on Facebook.  —  Sir John Sawers is due to take over as chief of the Secret Intelligence Service in November …
RELATED:
Mark Norris / Dallas Morning News:
Tea party protest at Southfork Ranch falls short of estimated 50,000 attendees  —  mnorris@dallasnews.com  —  It was more than the heat that had people hot under the collar this Independence Day at Southfork Ranch.  A range of issues from taxes to universal health care brought a crowd out to America's Tea Party.
RELATED:
Marc Lynch:
Say it ain't so, Joe  —  It's hard to tell exactly what Joe Biden was trying to say this morning on “This Week” with George Stephanopolous.  But his remarks are being widely interpreted as a green light for an Israeli strike on Iran.  If that isn't the case, Biden needs to issue a strong clarification immediately.
RELATED:
Matthew Goldstein / Commentaries:
A Goldman trading scandal?  —  Did someone try to steal Goldman Sachs' secret sauce?  —  While most in the US were celebrating the 4th of July, a Russian immigrant living in New Jersey was being held on federal charges of stealing top-secret computer trading codes from a major …
Discussion: Clusterstock, Corrente and Dealbreaker
RELATED:
Tyler Durden / Zero Hedge:
Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs?
Discussion: Commentaries
Howard Kurtz / Washington Post:
Just the Messenger  —  Mediaite.com Focuses on Celebrity of Journalism  —  Few would quarrel with the notion of Oprah Winfrey as the most influential television host, with Bill O'Reilly coming in second.  —  But Elisabeth Hasselbeck at No. 4 and Jon Stewart at No. 15 — ahead of Bob Schieffer …
Discussion: TalkLeft
RELATED:
Michael Calderone / Michael Calderone's Blog:
Dan Abrams' Mediaite launches
Discussion: Clusterstock
Paul Krugman / New York Times:
HELP Is on the Way  —  The Congressional Budget Office has looked at the future of American health insurance, and it works.  —  A few weeks ago there was a furor when the budget office “scored” two incomplete Senate health reform proposals — that is, estimated their costs and likely impacts over the next 10 years.
Wall Street Journal:
Scores Reported Dead After Unrest in China  —  SHANGHAI — The official death toll in riots in China's northwestern Xinjiang region rose sharply Monday, with the government saying that 140 had been killed in what appears to be one of the deadliest episodes of unrest in China in decades.
Yves Smith / naked capitalism:
Goldman, Barclays Using Newfangled CDOs to Offload Bad Bank Assets  —  Goldman and Barclays are out touting old structured credit technology, apparently collateralized debt obligations, and claim they have been tamed and repurposed and are now virtuous.  —  I am skeptical of these assertions, and welcome informed reader comment.
RELATED:
Patrick Jenkins / Financial Times:
Securitisation reinvented to cut costs
Discussion: Commentaries
 
 
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 More Items: 
Borzou Daragahi / Los Angeles Times:
Mousavi reportedly will launch political party in Iran
Discussion: PoliBlog
The Independent:
Top judge: ‘use of drones intolerable’
Discussion: The Moderate Voice
Gateway Pundit:
Christians Attacked At Deabornistan Arabfest (Video)
Ben Armbruster / Think Progress:
Bush Library Foundation President: Saddam's Gun A Symbol That …
Discussion: New York Times
Lydia Saad / Gallup:
Special Report: Ideologically, Where Is the U.S. Moving?
Michael Luo / New York Times:
Job Retraining May Fall Short of High Hopes
Discussion: Free exchange
John Aravosis / AMERICAblog News:
New disturbing comments from Chairman of Joint Chiefs on DADT
 Earlier Items: 
New York Times:
Court Ruling Clears Path for G.M. to Restructure
BBC:
Coffee 'may reverse Alzheimer's'
Discussion: Truthdig and Don Surber
Emily Pierce / Roll Call:
Franken Comes to Washington
 

 
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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