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:
Discussion:
The Daily Dish, Daily Kos, Balloon Juice, Left in the West, The Agonist, Washington Monthly and Eschaton
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.
Paul Kane / Washington Post:
House Democrats hit boiling point over perceived lack of White House support
House Democrats hit boiling point over perceived lack of White House support
Discussion:
Townhall.com, Hotline On Call, TPMDC, Politics Daily, The Caucus, The Plum Line, Weekly Standard, Beltway Confidential, TalkLeft, Commentary and Riehl World View
First Read / msnbc.com:
First thoughts: Super freak (out)
First thoughts: Super freak (out)
Discussion:
Detroit News, Hot Air, Boston Globe, The Fix, ColoradoPols.com, CNN and The Corner on National …
David M. Herszenhorn / New York Times:
Congress Sends Financial Overhaul Bill to Obama — WASHINGTON — Congress on Thursday gave final approval to an 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.
Discussion:
DealBook, Politics Daily, ABCNEWS, The Corner on National …, Hit & Run, Indecision Forever, The New Republic, Truthdig and Cato @ Liberty
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Brian Beutler / TPMDC:
Boehner: Wall Street Reform Should Be Repealed — They're not campaigning on it in earnest — at least not yet — but Republican leaders say that, given the power, they would like to do away with Wall Street reform much like they have already discussed repealing health care reform.
Wall Street Journal:
Law Remakes U.S. Financial Landscape
Law Remakes U.S. Financial Landscape
Discussion:
Washington Post, The Atlantic Online, msnbc.com, CFR.org, Gothamist, Cafe Hayek and Fausta's Blog
Sen. Ted Kaufman / The Huffington Post:
The Wall Street Reform Bill: How Much Did We Lose Getting to 60?
The Wall Street Reform Bill: How Much Did We Lose Getting to 60?
Steve Benen / Washington Monthly:
THAT WAS QUICK.... A couple of hours ago, the Senate was able …
THAT WAS QUICK.... A couple of hours ago, the Senate was able …
Discussion:
TPMDC
Jreid / The Reid Report:
“Tea partier” Mark Williams writes ‘letter to Abe Lincoln’ ... from the ‘coloreds’ — If you're feeling pissy that the NAACP condemned your witch doctor signage and you're out to prove that your movement isn't racist, wouldn't it help not to actually say anything that might be construed as racist?
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Mark Williams / MarkTalk.com News & Commentary:
NAACP Resolution: Colored People change minds about emancipation — Thursday 7/15: Scroll down for update video — Astonishing. — In every one of the dozens of interviews that I have done regarding the anti-Tea Party resolution passed by the NAACP I have brought up the absurdity …
Conservative Generation / Left Coast Rebel:
(Bumped) Think Progress proves the Tea Party is not racist …
(Bumped) Think Progress proves the Tea Party is not racist …
Washington Post:
Oil leak stopped for first time since April — BP said Thursday that it has stopped oil from leaking out of its blown-out well in the Gulf of Mexico. The gusher has been throttled for the first time since the April 20 blowout on the drilling rig Deepwater Horizon.
Discussion:
Christian Science Monitor, The Fix, The New Republic, Washington Monthly, Taylor Marsh, TigerHawk, Boing Boing and NO QUARTER
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Henry Fountain / New York Times:
BP Says Cap Is Repaired and Cutoff Test Can Proceed
BP Says Cap Is Repaired and Cutoff Test Can Proceed
Discussion:
Politics Daily, Dot Earth, Daily Kos, Raw Story, Climate Progress, Ecocentric and The Page
ABCNEWS:
Stopped: In Test of Cap, Oil Stops Flowing for First Time in 87 Days
Stopped: In Test of Cap, Oil Stops Flowing for First Time in 87 Days
Discussion:
Alan Colmes' Liberaland
DealBook:
Goldman Settles With S.E.C. for $550 Million — Updated Updated with confirmation of The New York Times's report about Goldman's $550 million settlement. — Goldman Sachs has agreed to pay $550 million to the Securities and Exchange Commission, one of the largest penalties ever paid by a Wall Street firm …
Discussion:
New York Magazine, Fortune, Felix Salmon, Gawker, naked capitalism, Donklephant, The Page and TigerHawk
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U.S. Securities and Exchange Commission:
Goldman Sachs to Pay Record $550 Million to Settle SEC Charges Related to Subprime Mortgage CDO — Firm Acknowledges CDO Marketing Materials Were Incomplete and Should Have Revealed Paulson's Role — FOR IMMEDIATE RELEASE — 2010-123 — Washington, D.C., July 15, 2010 …
Discussion:
The Atlantic Online, Fortune, DealBook, New York Magazine and The Washington Independent
Patrick Gavin / The Politico:
CARLSON LAUNCHES OLBERMANN SITE — You may (or may not) have noticed that there's been a bit of a feud taking place between MSNBC's Keith Olbermann and the Daily Caller, the website run by (former MSNBC'r) Tucker Carlson. — The Caller — via its Twitter account, especially …
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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.
Discussion:
Yahoo! News, Mediaite, Hot Air, Domain Name Wire, New York Magazine, Moonbattery and NewsBusters.org, more at Mediagazer »
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, No Sheeples Here, The Daily Dish, National Review, Taegan Goddard's …, The New Republic, Weekly Standard, FrumForum and GayPatriot
Bbtv / Breitbart.tv:
Breitbart to NAACP Chief: ‘Go to Hell!’ — “Let me say something a tad newsworthy to the president of the NAACP. You can go to hell. ... I have tapes...tape of racism and it's an NAACP dinner. You want to play with fire? I have evidence of racism and it's coming from the NAACP.”
Discussion:
Say Anything
Alexander Bolton / The Hill:
Byrd's successor to take oath Tuesday — The Senate will swear in the successor to the late Sen. Robert Byrd (D-W.Va.) at 2:15 pm next Tuesday, even though the identity of the new senator remains unknown. — Senate Majority Leader Harry Reid (D-Nev.) told colleagues Thursday that Democrats …
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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 …
Doug Richards / WXIA-TV:
Handel: Gay parents “not in the best interest of the child” — Former Secretary of State Karen Handel wrote what she calls a “sponsorship” check to a gay Republican organization called Log Cabin Republicans. She was running for Fulton County Commission chairman at the time.
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:
Crooks and Liars, Emptywheel, New York Magazine, Democrats.com and The Corner on National …
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.
New York Times:
The Google Algorithm — Google handles nearly two-thirds of Internet search queries worldwide. Analysts reckon that most Web sites rely on the search engine for half of their traffic. When Google engineers tweak its supersecret algorithm — as they do hundreds of times a year …
Rasmussen Reports:
Election 2010: Wisconsin Senate — Wisconsin Senate: Johnson (R) 47%, Feingold (D) 46% — Democratic incumbent Russ Feingold and his chief Republican challenger Ron Johnson remain locked in a neck-and-neck battle for the U.S. Senate in Wisconsin. — The latest Rasmussen Reports telephone survey …
Discussion:
Commentary, Real Clear Politics, Weekly Standard, TPMDC, Erick's blog and AMERICAblog News
John Hooper / Guardian:
Vatican: female ordination a crime — Revised Catholic rules put female ordination in same category of crime under church law as clerical sex abuse of minors — The Vatican today made the “attempted ordination” of women one of the gravest crimes under church law, putting it in the same category …
Susan Davis / Washington Wire:
GOP Has Money Momentum in Open Senate Races — Underscoring the momentum shift behind the GOP in the midterm elections, Republican candidates out-raised Democrats in the second quarter in every competitive race for an open Senate seat. — Below is a snapshot of the key races and their money haul for the second quarter.
Discussion:
Beltway Confidential
Peter Hamby / CNN:
Surprise player in Iowa GOP primary revealed — (CNN) - Beginning in May, a group called Iowans for Responsible Government spent over three quarters of a million dollars on television ads and mailers lumping Republican gubernatorial candidate Terry Branstad in with “liberal” …
KDVR:
GOP abandoning McInnis; candidate vows to fight on — KDVR Denver — DENVER - Republican gubernatorial candidate Scott McInnis on Thursday denied reports that he plans to drop out of the race amid allegations of plagiarism. — “I am in it to win it. We will continue to fight …
Myglesias / Matthew Yglesias:
The Underrated FinReg Bill — The Dodd/Frank financial regulation bill that passed the U.S. Senate today isn't the greatest piece of legislation in human history, but with eighty percent of Americans saying they have little or no confidence in the bill I think it's fair to say that these measures have become substantially underrated.