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1:45 PM ET, February 14, 2011

memeorandum

 Top Items: 
Paul Krugman / New York Times:
Eat The Future  —  On Friday, House Republicans unveiled their proposal for immediate cuts in federal spending.  Uncharacteristically, they failed to accompany the release with a catchy slogan.  So I'd like to propose one: Eat the Future.  —  I'll explain in a minute.
RELATED:
David Rogers / The Politico:
The hard choices: President Obama's 2012 budget  —  Long on tough choices, short on final answers, President Barack Obama's new 2012 budget goes to Congress on Monday in what many hope is only an opening bid before he and Republicans come to the table on a bipartisan deficit reduction plan.
Lori Montgomery / Washington Post:
Obama to offer $3.7 trillion budget blueprint; deficit to hit $1.6 trillion this year  —  President Obama will roll out a $3.7 trillion budget blueprint Monday that would trim or terminate more than 200 federal programs next year and make key investments in education, transportation and research …
Wall Street Journal:
U.S. Deficit Expected to Spike  —  WASHINGTON—The White House projected Monday that the federal deficit would spike to $1.65 trillion in the current fiscal year, the largest dollar amount ever, adding pressure on Democrats and Republicans to tackle growing levels of debt.
Jackie Calmes / New York Times:
Obama Budget Pivots From Stimulus to Deficit Cuts
Alyson Klein / Politics K-12:
House GOP Looks to Slash Education Spending
Discussion: ThinkProgress and Wonk Room
New York Times:
Word and Lyric, Giffords Labors to Speak Again  —  PHOENIX — Representative Gabrielle Giffords, an eloquent speaker before she was shot in the head last month, is relearning the skill — progressing from mouthing words and lip syncing songs to talking briefly by telephone to her brother-in-law in space.
BBC:
Iran police fire tear gas at opposition rally in Tehran  —  Security services have kept a high profile in Tehran to try to prevent rallies  —  Iranian police have fired tear gas at opposition demonstrators gathering in central Tehran in support of the protests in Egypt.
RELATED:
Alan Cowell / New York Times:
Iranian Police Fire Tear Gas at Protesters
Discussion: FrumForum
Kevin McCullough / Fox News:
Disrespectful Libertarians Hijack CPAC Poll — And Its Mission  —  The top three winners of this weekend's CPAC straw poll will not win the 2012 presidential nomination.  And if any of the top three do break through to prove that prediction wrong, none of them will go on to win the White House in 2012.
Discussion: LewRockwell.com Blog
RELATED:
Matt Schneider / Mediaite:
Ron Paul To Donald Trump: Don't Criticize Me, How Many Elections Have You Won?
Discussion: Alan Colmes' Liberaland and GOP 12
Andy Barr / The Politico:
Birther debate alive across U.S.  —  The opening of 2011 state legislative sessions has been accompanied by a spate of birther-related bills, the clearest indication yet that the controversy surrounding President Barack Obama's place of birth will continue to simmer throughout his reelection campaign.
Glenn Greenwald / Salon:
Journalists angry over the commission of journalism  —  (updated below)  —  Over the weekend, The Los Angeles' Times James Rainey mocked CNN's Anderson Cooper for repeatedly using the word “lie” to describe the factually false statements of Egyptian leaders.
Discussion: L.A. Times, The Daily Dish and Mediaite
David Streitfeld / New York Times:
Housing Crash Is Hitting Cities Once Thought to Be Stable  —  SEATTLE — Few believed the housing market here would ever collapse.  Now they wonder if it will ever stop slumping.  —  The rolling real estate crash that ravaged Florida and the Southwest is delivering a new wave of distress …
Ann Althouse / Althouse:
Today, at the Wisconsin Capitol square, a protest against Governor Scott Walker's plan to fix the budget.  —  The plan hits unions hard, and this is what we saw today...  Kids, perched on a rapidly melting mound of snow, hold signs saying “Hands Off Our Unions,” “Save My Future,” and “Save My School”:
Discussion: Moe Lane
RELATED:
host.madison.com:
Walker is acting not as governor, but as dictator
Discussion: Firedoglake
Michael O'Brien / The Hill:
Democrats claim political victory from CPAC  —  Democrats and President Obama gathered the most momentum from this past weekend's gathering of conservative activists, the party claimed Monday.  —  The Democratic National Committee (DNC) sought to spin the now-concluded Conservative Political …
David Gardner / Daily Mail:
‘A weapon of mass destruction was found in the U.S.’: Shock confession of Customs officer  —  A port official has admitted that a ‘weapon of mass effect’ has been found by ‘partner agencies’ in the U.S., raising major questions over a possible government cover-up.
Ezra Klein:
The U.S. Government: An insurance conglomerate protected by a large, standing army  —  American politics is one long argument about what government should or shouldn't be doing, and how it should or shouldn't be doing it.  It's rare that we step back, take in the larger picture and ask what it is doing.
Discussion: Mother Jones and The New Republic
Charlotte Allen / Los Angeles Times:
Stick a fork in it, we're done  —  Former Speaker Nancy Pelosi's Green the Capitol initiative is over at the House's Longworth cafeteria.  —  After about a month in control of the House of Representatives, Republicans haven't managed to undo as many deeds of their Democratic predecessors as they'd like.
Discussion: Hot Air and Instapundit
Lydia Saad / Gallup:
China Surges in Americans' Views of Top World Economy  —  Leads the U.S. by smaller margin in predictions for global economic leader in 20 years  —  PRINCETON, NJ - By 52% to 32%, Americans are more likely to name China than the United States as the leading economic power in the world today, with Japan a distant third at 7%.
RELATED:
Hiroko Tabuchi / New York Times:
China Replaced Japan in 2010 as No. 2 Economy
David Carr / New York Times:
At Media Companies, a Nation of Serfs  —  Some of the fizz, if not a great big bubble, seems to have returned to media, depending on how you define “media.”  —  There have been reports in The New York Times and elsewhere that Facebook is now valued at $50 billion, and The Wall Street Journal reported …
 
 
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 More Items: 
Michael Slackman / New York Times:
Young Protesters Clash With Police in Bahrain
Discussion: The Lede
Bernie Becker / The Hill:
The Hill Poll: Voters troubled over future of Social Security
Discussion: Hullabaloo
BBC:
Egypt crisis: Protests switch to demands on pay
New York Times:
A Tunisian-Egyptian Link That Shook Arab History
Pilar Marrero / impre.com:
Latino voters continue supporting Obama
Discussion: Ben Smith's Blog and FrumForum
Paul Waldman / American Prospect:
Boehner and the Birthers.  —  Sigh: … I guess there are a couple …
Discussion: The Plum Line, Salon and The Fix
Robert Stacy McCain / American Spectator:
New Media, Old Bias
Discussion: Da Techguy's Blog and Moe Lane
Molly K. Hooper / The Hill:
Some in Black Caucus embrace GOP member, but others say they're ‘leery’
Discussion: UrbanGrounds and Weasel Zippers
 Earlier Items: 
Telegraph:
Serene Branson 'hospitalised after Grammy's speech problems'
Felix Salmon / New York Times:
Wall Street's Dead End
Discussion: Felix Salmon and DealBook
Ssumner / TheMoneyIllusion:
The wheel of politics  —  You've all seen the 4-quadrant diagram used …
Discussion: Modeled Behavior and EconLog
John Marzulli / NY Daily News:
All hail the ‘Blog-Father’: Waiting for trial in 6 murders …
Jennifer Epstein / The Politico:
Flake to announce Senate run
Jill Lawrence / Politics Daily:
Would Women Support Newt Gingrich for President?
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumped 50%+ after hours

 
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