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8:40 PM ET, July 5, 2010

memeorandum

 Top Items: 
CNBC:
Dow Repeats Great Depression Pattern: Charts  —  The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.  —  “Those who don't remember history are doomed to repeat it …
Fox News:
NASA Chief: Next Frontier Better Relations With Muslim World  —  Shown here is NASA Administrator Charles Bolden.  (YouTube)  —  NASA Administrator Charles Bolden said in a recent interview that his “foremost” mission as the head of America's space exploration agency is to improve relations with the Muslim world.
RELATED:
Byron York / Washington Examiner:
Obama's new mission for NASA: Reach out to Muslim world  —  In a far-reaching restatement of goals for the nation's space agency, NASA administrator Charles Bolden says President Obama has ordered him to pursue three new objectives: to “re-inspire children” to study science and math, to …
Rasmussen Reports:
Health Care Law  —  60% Favor Repeal of Health Care Law, Just 41% See Repeal as Likely  —  Sixty percent (60%) of voters nationwide favor repeal of the recently passed health care law, including 49% who Strongly Favor repeal.  —  A new Rasmussen Reports national telephone survey finds that 36% oppose repeal.
RELATED:
Rasmussen Reports:
64% in Arizona Say Children of Illegal Immigrants Should Not …
Jeremy W. Peters / Media Decoder:
On The Economist's Cover, Only a Part of the Picture  —  It was the ideal metaphor for a politically troubled president.  —  There was President Obama on the cover of the June 19 issue of The Economist, standing alone on a Louisiana beach, head down, looking forlornly at the ground.
Las Vegas Review-Journal:
WAYNE ALLYN ROOT: Barack Obama: The great jobs killer  —  As former President Ronald Reagan might have said, “Obama, there you go again.”  —  The current occupant of the White House claims to know how to create jobs.  He claims jobs have been created.  But so far the score …
Amy Gardner / Washington Post:
Tea party gatherings on the Fourth mix the educational and the patriotic  —  BEALETON, VA. — “Tea party” activists across the nation tried to put the “independence” back in Independence Day this weekend with festivals and other gatherings focused on the Constitution — and how to use it for political gain.
RELATED:
Jeffrey M. Jones / Gallup:
Debt, Gov't. Power Among Tea Party Supporters' Top Concerns
Discussion: Grim's Hall, Hot Air and CNN
Chris Cillizza / Washington Post:
Democrats hope Obama 2008 model will help stem midterm losses  —  To become the nation's first black president, Barack Obama not only won heavy percentages of the black and Hispanic vote but also managed to trim the Democratic Party's traditional deficit among white voters.
RELATED:
Maggie Haberman / The Politico:
Dems fear end of N.Y. gravy train
Discussion: Power Line, RedState and Hot Air
Daniel Halper / Weekly Standard:
CNN Editor Mourns Death of Hezbollah's Spiritual Leader  —  How did CNN senior editor of Middle East affairs Octavia Nasr celebrate July 4?  By mourning the passing of Hezbollah's Sayyed Mohammad Hussein Fadlallah.  Here's what the CNN editor posted on her Twitter account:
Discussion: Weasel Zippers, CNN and NewsBusters.org
RELATED:
Thanassis Cambanis / New York Times:
Grand Ayatollah Fadlallah, Shiite Cleric, Dies at 75
Discussion: Daily Pundit
Eric Kleefeld / TPMDC:
Angle Sends Cease-And-Desist To Reid — For Reposting Her Own Website  —  Sharron Angle has resorted to an unusual maneuver to counter Senate Majority Leader Harry Reid's attacks on her past quotes and positions, the Reid campaign has announced: A cease-and-desist letter …
Russell Berman / The Hill:
Sen. Brown: 'I'm liking what I see' on financial reform legislation  —  Sen. Scott Brown (R-Mass.) offered a hint that he may support the financial reform bill when it comes to a final vote later this month.  —  “I'm going to be making a decision soon, but I'm liking what I see,” …
Discussion: Daily Kos
RELATED:
WHDH-TV:
Sen. Brown attends parades, hints at upcoming votes
Discussion: TPMDC
Matthew Rothschild / The Progressive Magazine Feed:
Why I Don't Celebrate July 4  —  It's July 4th, my least favorite holiday.  —  And I'm not referring to the bugs, or the crowds, or the traffic on the highways.  —  I'm talking about the mindless patriotic bubble bath we're all supposed to soak in all weekend long.  —  Well, not me.
Allen McDuffee / Raw Story:
Environmentalist faces jail for hanging banner in Senate office building  —  A 60 year-old environmental activist who hung two banners in a government building will be sentenced Tuesday — and faces up to three years in prison.  —  Bloomfield, NJ resident Ted Glick will be sentenced Tuesday …
Discussion: Truthdig
Chicago Sun Times:
We elected Blago —what were we thinking?  —  The headlines say, “Blagojevich trial,” but the former governor is not the only one who needs to explain himself.  —  If the latest farcical revelations from the Rod Blagojevich trial tell us anything, it's that the people of Illinois …
Leslie Kaufman / New York Times:
Agency Agreed Wildlife Risk From Oil Was ‘Low’  —  The federal agency charged with protecting endangered species like the brown pelican and the Kemp's ridley sea turtle signed off on the Minerals Management Service's conclusion that deepwater drilling for oil in the Gulf of Mexico posed …
Christopher Beam / New York Magazine:
A Reasonable Man  —  In a world of loud voices and extreme positions, David Brooks manages to be both irrelevant and absolutely essential.  —  D avid Brooks is angry—for David Brooks, at least.  “This is a damn outrage, to be honest,” he tells David Gregory on Meet the Press.
James Rosen / McClatchy Washington Bureau:
Judges rule Obama can't close Yucca Mountain nuclear dump  —  WASHINGTON — Democratic Rep. John Spratt and Republican Rep. Joe Wilson don't agree on much, yet the South Carolina congressmen are cheering a new ruling that denied the bid by the U.S. Energy Department to withdraw its application …
Jonathan Amos / BBC:
Planck reveals ‘spectacular sky’  —  This is the extraordinary place where we all live - the Universe.  —  The picture is the first full-sky image from Europe's Planck telescope which was sent into space last year to survey the “oldest light” in the cosmos.
Discussion: The Sideshow and Telegraph
Arthur Max / Associated Press:
Dutch agency admits error in UN climate report  —  THE HAGUE, Netherlands — A leading Dutch environment agency reported Monday that the seminal 2007 U.N. scientific report on climate change is too generalized and has even more errors than discovered so far — including one contributed by the agency itself.
Discussion: JammieWearingFool
CNN:
Blistering heat expected in Northeast  —  New York (CNN) — A heat wave of historic proportions could strike some Northeastern states as forecasters warn of prolonged triple-digit temperatures that could trigger “a dangerous situation,” the National Weather Service advised Monday.
Discussion: New York Magazine and Making Light
Jordy Yager / The Hill:
Arizona Dems contest Obama's assertions on border security  —  Anticipating a furor of voter criticism over the July Fourth recess, Democratic lawmakers from the border region shot back at the White House last week, challenging the president's speech on immigration in which he said that the southern border is secure.
Discussion: Hot Air
 
 
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 More Items: 
Ian Black / Guardian:
Turkey threatens to cut Israel ties
Discussion: Liberty Street and Truthdig
Paul Krugman:
Plan XVII For Europe
Discussion: Hullabaloo
MEMRI:
Iranian President Mahmoud Ahmadinejad: Our Mission Is to Rescue …
Discussion: The New Republic
Marc Caputo / McClatchy Washington Bureau:
BP wasted no time preparing for oil spill lawsuits
Carol Dean / Wall Street Journal:
BP Oil Spill Loan Rises to $9 Billion
Discussion: Prairie Weather
CNN:
Ketner ends South Carolina Senate drive
Discussion: The Politico
 Earlier Items: 
Russell Berman / The Hill:
Biden: Iraqis are ‘absolutely ready’ to take over full security
Discussion: CNN and JOSHUAPUNDIT
Fred Pearce / Guardian:
Climategate was ‘a game-changer’
Ambrose Evans-Pritchard / Telegraph:
With the US trapped in depression, this really is starting to feel like 1932
Robert Kuttner / The Huffington Post:
My Private Obama  —  We in the progressive community have projected …
New York Times:
Editorial: The Supreme Court's Aggressive Term
Myglesias / Matthew Yglesias:
Confusion at The Washington Post
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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