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Geithner Said to Consider Leaving Treasury After Debt Debate — Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the national debt limit …
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Tim Geithner: 14th Amendment Says Debt ‘Shall Not Be Questioned’ … WASHINGTON — At a briefing with reporters on Wednesday, President Obama was asked whether he believed that the debt ceiling was constitutional or whether the 14th Amendment required the government to meet all of its obligations regardless of the debt-limit statute.
Discussion:
Pajamas Media, FrumForum and Firedoglake

Wonkbook: The two parties have just begun to fight
Discussion:
Slate, Wall Street Journal and ThinkProgress

Mark Halperin suspended over Obama remark on Morning Joe (video) — MSNBC senior political analyst Mark Halperin was suspended on Thursday by the cable network after he called President Obama “a dick” on a popular morning show and then quickly apologized. — “I thought he was a dick yesterday …
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The Jawa Report, nbcuniversal.presscentre.com, TVNewser, Hotline On Call, Mediaite, The Lonely Conservative, Hot Air, NewsBusters.org blogs, No More Mister Nice Blog, FishbowlDC, Pajamas Media, The New Republic, RedState, And So it Goes in Shreveport, Hugh Hewitt's TownHall Blog, CNN, Washington Post, Sky Dancing, Sense of Events, The Moderate Voice, The Last Tradition, The TrogloPundit, Opinion L.A., The Garlic, The Other McCain, New York Magazine, Outside the Beltway, Booman Tribune, Ben Smith's Blog, ImmigrationProf Blog, Hold Fast, AmSpecBlog, Gawker, Firedoglake, Daily Kos, Scared Monkeys, Indecision Forever, Betsy's Page, Michelle Malkin, Taylor Marsh, Ricochet Conversation Feed, Balloon Juice, Runnin' Scared and NationalJournal.com, more at Mediagazer »
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MSNBC's suspension of Mark Halperin is way over the top — MSNBC just announced that they have “indefintely” suspended Mark Halperin for claiming that Obama was “kind of a dick” at his presser yesterday. Here's MSNBC's statement: — I'm sorry, but this is crazy.

Mark Halperin comes up with great excuse to fire Mark Halperin
Discussion:
Washington Monthly, TVNewser, PolitickerNY, Top of the Ticket, Balloon Juice, FishbowlDC and NewsBusters.org blogs

Axelrod: What Halperin said was ‘stupid and tasteless,’ but ultimately a ‘mistake’
Discussion:
Media Decoder, TPMDC, Weasel Zippers, Hot Air and New York Magazine

Mark Halperin and the Quote of the Day
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The Huffington Post, Philly.com, GOOD, Balloon Juice, Zandar Versus The Stupid, American Power and AMERICAblog News

Mark Halperin called Obama “a dick” and now he says “I can't explain why I did it.”
Discussion:
Pajamas Media and The New Republic


Rep. McCotter to launch presidential bid on July 2 — Rep. Thaddeus McCotter, R-Mich. will launch his presidential campaign on July 2, making him the third sitting member of the House to run for the White House in 2012. — McCotter will make his bid official in his home state of Michigan …
Discussion:
Alan Colmes' Liberaland, Hot Air, Weasel Zippers, Iowa Caucuses, Outside the Beltway, TPMDC, Taegan Goddard's … and The Daily Caller
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How Michele Bachmann's Surge Reshuffles the GOP Presidential Race
Discussion:
The New Republic, Democracy in America, Ricochet Conversation Feed and Eunomia


Strauss-Kahn Case Seen as in Jeopardy — The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials.
Discussion:
Talking Points Memo, Guardian, Politics, Hot Air, Sky Dancing, naked capitalism, AMERICAblog News and Althouse

FEC rules in favor of Stephen Colbert — The Federal Election Commission ruled Thursday that comedian Stephen Colbert could form his eponymous political action committee with a media exemption. — “I am sorry to say, we won,” Colbert declared to supporters outside the FEC building after the commissioners issued their advisory.
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The Caucus, Washington Post, The Politico, Reuters and The TrogloPundit
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Colbert's ‘SuperPAC’ Pushes the Limits of Election Law
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CBS News and New York Magazine

Stephen Colbert's running PAC shtick creates sticky mess
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WDBJ-TV, CNN, NationalJournal.com, The Note, Washington Post, ThinkProgress, Politics, Hit & Run and Prairie Weather

Chuck Schumer unveils jobs plan — A bill to create construction jobs and fund new highway infrastructure. A clean-energy jobs program. Reforming the immigration system for high-skilled workers. And a variety of tax cuts and credits. — None of them are new ideas …
Discussion:
The Lonely Conservative, Weasel Zippers and Taylor Marsh
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White House rejects McConnell invitation for Obama to meet Senate GOP
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Washington Monthly, msnbc.com, FrumForum, The Hill and Washington Post

Battle lines harden between Obama, Senate GOP as time runs short
Discussion:
The Politico


Roger Ailes' Secret Nixon-Era Blueprint for Fox News — Republican media strategist Roger Ailes launched Fox News Channel in 1996, ostensibly as a “fair and balanced” counterpoint to what he regarded as the liberal establishment media. But according to a remarkable document buried deep within …
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Mediaite, The Garlic, New York Magazine and Taegan Goddard's …, more at Mediagazer »


An Open Letter To Jeff Bezos On Terminating The Amazon Affiliate Program In California — Dear Jeff- — Thank you for your letter today, informing me that after seven years of being one of your affiliates — and having earned for you about $150,000 in that time — that you “deeply regret” …
Discussion:
Little Green Footballs, more at Techmeme »
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Against the constitutional option, cont'd — Jonathan Chait and David Dayen both think that the breakdown of debt-ceiling negotiations strengthens the case for the Obama administration to attempt the “constitutional option,” in which they simply declare the debt limit unconstitutional and hope the Supreme Court agrees.
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Defusing The Debt Ceiling Bomb
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The TrogloPundit and Washington Post

Social Security Benefits Cuts Are in the Mix in Debt Ceiling Negotiations
Discussion:
alicublog, The Politico and CNN

Romney backtracks on argument that Obama made economy worse — Over the last few weeks, Republican presidential hopeful Mitt Romney has argued that President Obama's policies have made the economy worse. — Here was Romney in New Hampshire on Monday:
Discussion:
Alan Colmes' Liberaland
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Holder: Justice to Drop Investigations Into CIA Officials Involved in Torture — The Justice Department will end a wide-ranging probe into the CIA's past interrogation, rendition, and detention activities, but it will launch a formal criminal investigation into agency officials involved …
Discussion:
Hot Air, Danger Room and ThinkProgress
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Senate confirms Petraeus as next CIA director with 94-0 vote
Discussion:
The Politico


Confessions of a Financial Deregulator — print recommend Send link clip secure rights — BERKELEY - Back in the late 1990's, in America at least, two schools of thought pushed for more financial deregulation - that is, for repealing the legal separation of investment banking …
Discussion:
Hullabaloo

Harvard: July 4th Parades Are Right-Wing — Democratic political candidates can skip this weekend's July 4th parades. A new Harvard University study finds that July 4th parades energize only Republicans, turn kids into Republicans, and help to boost the GOP turnout of adults on Election Day.


Kansas To Shut Down All but One Abortion Clinic Friday — It's official. Every abortion provider in the state of Kansas has been denied a license to continue operating as of July 1. As we reported last week, strict new state laws put in place this month threatened to close the remaining three abortion clinics in Kansas.


Married, With Infidelities — Last month, when the New York congressman Anthony Weiner finally admitted that he had lied, that his Twitter account had not been hacked, that he in fact had sent a picture of his thinly clad undercarriage to a stranger in Seattle, I asked my wife of six years …
Discussion:
Althouse

New law could free 12K drug users — On the heels of a law signed last year by President Barack Obama limiting sentences for crack cocaine offenses, thousands of prisoners for crimes related to the drug will be eligible for early release, the U.S. Sentencing Commission ruled Thursday.
Discussion:
Associated Press, No More Mister Nice Blog and FrumForum
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Justice Revisited! Crack Sentencing Reform Applies to Old Convictions
Discussion:
TalkLeft and Feministing


Ballad of the Long Shot — Before you announced your campaign, you said that the liberal establishment is scared that “a real black man might run against Barack Obama.” Are you suggesting Obama isn't really black? — A real black man is not timid about making the right decisions, that's what I meant.
Discussion:
USA Today, No More Mister Nice Blog and Political Insider

Fire Up the Grill, Not the Atmosphere — FOOD is responsible for 10 to 30 percent of global greenhouse gas emissions. By many estimates, cooking represents more of a meal's carbon footprint than transport. For certain vegetables, it accounts for more emissions than agriculture, transport and disposal combined.
Discussion:
Weasel Zippers and Moonbattery

How health care rulings are covered — Regular readers may recall an item from February, in which I compared coverage of health care court rulings from several major media outlets. Given yesterday's developments, it's time to revisit the subject. — To briefly review …
Discussion:
ThinkProgress, The New Republic, Daily Kos and AMERICAblog News