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, Left in the West, Balloon Juice, Washington Monthly, The Agonist and Eschaton
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 …
Discussion:
Hotline On Call, Politics Daily, The Plum Line, TalkLeft, Beltway Confidential, The Caucus, Weekly Standard, Commentary and Riehl World View
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:
Politics Daily, DealBook, ABCNEWS, The Corner on National …, Hit & Run, The New Republic, Indecision Forever, Truthdig and Cato @ Liberty
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Sen. Ted Kaufman / The Huffington Post:
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 …
Discussion:
TPMDC
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, the largest penalty ever paid by a Wall Street firm …
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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 …
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.
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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.
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, Washington Monthly, The Fix, msnbc.com, The New Republic, Taylor Marsh, TigerHawk and Boing Boing
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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.
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Andy Barr / The Politico:
NAACP: We didn't call tea party ‘racist’
Discussion:
ABCNEWS, Gateway Pundit, Don Surber, Left Coast Rebel, The Note, Weasel Zippers and The Hill
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, FrumForum and GayPatriot
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 …
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, Moonbattery, Hot Air, Mediaite, NewsBusters.org and New York Magazine, more at Mediagazer »
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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 …
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Washington Post:
Senate passes financial overhaul bill — The Senate on Thursday passed a regulatory package containing the toughest restrictions on the financial industry since the Great Depression, an overhaul that President Obama praised as ushering in greater consumer protections and a stronger and safer financial system.
Discussion:
Prairie Weather
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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 …
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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.
Discussion:
Matthew Yglesias, The Corner on National …, Washington Monthly, Alas, a blog, The Politico and The New Republic
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.
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 …
John F. Burns / New York Times:
BP Faces Scrutiny in Lockerbie Case — LONDON — The oil giant BP faced a new furor on Thursday as it confirmed that it had lobbied the British government to conclude a prisoner-transfer agreement that the Libyan government wanted to secure the release of the only person ever convicted …
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:
Weekly Standard, Commentary, Real Clear Politics, TPMDC, Erick's blog and AMERICAblog News
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 …
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 …
Krissah Thompson / Washington Post:
2008 voter-intimidation case against New Black Panthers a political bombshell — A 2008 voter-intimidation case has become a political controversy for the Obama administration as conservative lawyers, politicians and commentators raise concerns that the Department of Justice has failed to protect the civil rights of white voters.
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 …
Discussion:
Michelle Malkin
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, AmSpecBlog, American Prospect, RedState, Guardian and ourfuture.org/blogs_chrono/*
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