Top Items:
The Politico:
Why President Obama loses by winning — The imminent passage of financial reform, just a couple months after the passage of comprehensive health care, should decisively end the narrative that President Obama represents a Jimmy Carter-style case of naïve hope crushed by the inability to master Washington.
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Greg Sargent / The Plum Line:
Politico's theory: Liberal bloggers don't care if Dems sustain large losses this fall — I'm probably a sucker for biting on this attack on the liberal blogosphere from Poiltico top-dog editors John Harris and Jim VandeHei, but this is so divorced from reality that it really shouldn't go unanswered:
Jia Lynn Yang / Washington Post:
Companies pile up cash but remain hesitant to add jobs — Corporate America is hoarding a massive pile of cash. It just doesn't want to spend it hiring anyone. — Nonfinancial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession.
Wall Street Journal:
Three Million Imaginary Jobs — The White House says the stimulus worked beyond even its hopes. Seriously. — It may be that the last people in America who believe that the $862 billion economic stimulus of February 2009 created millions of net new jobs are Vice President Joe Biden and the staff economists in the White House.
Paul Kane / Washington Post:
House Democrats hit boiling point over perceived lack of White House support — House Democrats are lashing out at the White House, venting long-suppressed anger over what they see as President Obama's lukewarm efforts to help them win reelection — and accusing administration officials …
Russell Berman / The Hill:
Pelosi blames Senate delays for bleak election year landscape
Discussion:
The Politico
David M. Herszenhorn / New York Times:
Financial Overhaul Clears a Final Senate Hurdle — WASHINGTON — A broad overhaul of the nation's financial regulatory system, intended to address the causes of the 2008 economic crisis and rewrite the rules for a more complex — and mistrustful — era on Wall Street, cleared one last procedural hurdle …
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Matthew Jaffe / ABCNEWS:
Wall Street Overhaul Rolls Toward Final Passage In Senate
Discussion:
Alan Colmes' Liberaland
Chris Cillizza / The Fix:
Mitch McConnell previews Republican message for the fall
Discussion:
CNN, Boston Globe, Projo 7 to 7 News Blog, The Washington Independent, Daily Kos, Associated Press, TPMDC and The Atlantic Online
Conservative Generation / Left Coast Rebel:
(Bumped) Think Progress proves the Tea Party is not racist by posting video of racists not in the Tea Party — The claims of racism in the Tea Party movement are so overblown and unsubstantiated that the best Think Progress could do to prove racism was post a video of four supposed racist Tea Partiers.
Discussion:
Think Progress, Ad Astrum, Big Government, Confederate Yankee and Le·gal In·sur·rec· tion
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David W. Dunlap / City Room:
18th-Century Ship Found at Trade Center Site — In the middle of tomorrow, a great ribbed ghost has emerged from a distant yesterday. — On Tuesday morning, workers excavating the site of the underground vehicle security center for the future World Trade Center hit a row of sturdy …
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Karl Rove / Wall Street Journal:
My Biggest Mistake in the White House — Failing to refute charges that Bush lied us into war has hurt our country. — Seven years ago today, in a speech on the Iraq war, Sen. Ted Kennedy fired the first shot in an all-out assault on President George W. Bush's integrity.
Discussion:
Emptywheel, Democrats.com, New York Magazine, The Corner on National … and JustOneMinute
Tom Jensen / Public Policy Polling:
Pretty Bad 2012 numbers for Obama — With his approval numbers hitting new lows it's no surprise that Barack Obama's numbers in our monthly look ahead to the 2012 Presidential race are their worst ever this month. He trails Mitt Romney 46-43, Mike Huckabee 47-45, Newt Gingrich 46-45, and is even tied with Sarah Palin at 46.
Discussion:
Hot Air, National Review, Weekly Standard, Taegan Goddard's …, The New Republic and GayPatriot
New York Times:
Fund-Raising Before House Vote Draws Scrutiny — WASHINGTON — Lawmakers take contributions every day from corporate executives and lobbyists hoping for their votes. The question of whether that represents business as usual in Washington or an ethics breach is at the heart …
Discussion:
The Politico, Gawker, Mother Jones, New York Magazine, Wonk Room, Truthdig, Prairie Weather, The BLT and Balloon Juice
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John R. Emshwiller / Wall Street Journal:
Senate VIP Loans Mount — Countrywide Dealt With More Lawmakers and Staffers Than Previously Known — Angelo Mozilo, former Countrywide Financial chairman — U.S. senators or Senate employees received 30 loans—far more than had previously been known—under a controversial lending program …
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Alexei Barrionuevo / New York Times:
Argentina Approves Gay Marriage — BUENOS AIRES — Argentina's Senate narrowly approved a measure early on Thursday authorizing same-sex marriages, making Argentina the first country in Latin America to allow gay couples to wed. — After 15 hours of debate, the Senate voted 33 to 27 …
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TheDenverChannel.com:
Researcher Says Scott McInnis Lied — Rolly Fischer: I Didn't Know He Was Making Money On Articles — Tom Burke and Arthur Kane and John Ferrugia , CALL7 Investigators — GLENWOOD SPRINGS — The man Scott McInnis blamed for the plagiarized material in an article on water rights told …
Discussion:
The Latest Word, The Spot, Hotline On Call, ColoradoPols.com, TalkLeft and Colorado Independent
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Annie Lowrey / The Washington Independent:
In Dodging a Budget Vote, Dems Take Reconciliation Off the Table — Decision Could Preclude a Jobs Bill Next Year … On Tuesday, the Treasury Department announced that the country's deficit had hit the $1 trillion mark just nine months into the fiscal year.
Mark Halperin / Time:
Sarah Palin in '12? Why She's for Real — The music swells and then picks up tempo. Sarah Palin is talking about how 2010 will be the year that “commonsense conservative women get things done for our country.” She's worried about “these policies coming out of D.C. right now …
The Daily Caller:
The Daily Caller acquires KeithOlbermann.com — The Daily Caller, one of the fastest-growing online media properties, announced today its acquisition of KeithOlbermann.com, expanding the company's global reach into a new segment of the online political market.
Ezra Klein:
Do conservatives care about the deficit? Do Democrats? — Matt Yglesias asks the question and assembles some evidence. The two modern conservative presidents, George W. Bush and Ronald Reagan, “both presided over massive increases in both present and projected deficits.”
Discussion:
Matthew Yglesias, American Prospect, RedState, AmSpecBlog, Guardian and ourfuture.org/blogs_chrono/*
New York Times:
Economics Behaving Badly — IT seems that every week a new book or major newspaper article appears showing that irrational decision-making helped cause the housing bubble or the rise in health care costs. — Such insights draw on behavioral economics, an increasingly popular field …
CNBC:
Economic Recovery Showing New Signs of Losing Steam — Investors got a strong dose of sobering economic news Thursday as several key manufacturing indexes show that the recovery is losing steam. — The few bright spots: New claims for jobless benefits fell to their lowest level in nearly two years …
Lydia Saad / Gallup:
Economic Confidence Heading Further Down in July — Americans' outlook for the economy has grown progressively worse since April — PRINCETON, NJ — Gallup Daily tracking finds Americans' confidence in the economy significantly lower so far in July than in June. And confidence in June was, in turn, down from May.
Brian Maloney / The Radio Equalizer:
MSNBC Host Calls Reid ‘Ball-less’ — ANOTHER MELTDOWN — Libtalker: ‘Shove Those (GOP) Bastards Into The Dirthole’ — All week, the big question has been whether Democrats are truly imploding, or simply projecting that image to reduce electoral expectations and create complacent Republicans.
Dean Baker / TPMCafe:
Erskine Bowles and the Price of Ignorance: $335,000 a Year — Erskine Bowles is one of the co-chairman of President Obama's deficit commission. He gained notoriety recently by revealing the fact that he had no clue as to the size of the country's deficit problem even after engaging …
Kim Chipman / Bloomberg:
Americans in 73% Majority Oppose Deepwater Drilling Ban — Most Americans oppose President Barack Obama's ban on deepwater oil drilling in response to BP Plc's Gulf of Mexico spill, even as they hold the company primarily responsible for the incident. — Almost three-fourths, or 73 percent …
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