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7:15 PM ET, July 10, 2011

memeorandum

 Top Items: 
Washington Post:
Boehner abandons efforts to reach comprehensive debt-reduction deal  —  House Speaker John A. Boehner abandoned efforts Saturday night to cut a far-reaching debt-reduction deal, telling President Obama that a more modest package offers the only politically realistic path to avoiding a default on the mounting national debt.
RELATED:
Gardiner Harris / New York Times:
Obama to Seek Biggest Deficit Cut Possible, Geithner Says  —  WASHINGTON — Treasury Secretary Timothy F. Geithner said Sunday that President Obama would continue to press for the largest deficit reduction possible in negotiations with Congressional leaders over raising the government's debt ceiling …
msnbc.com:
Obama: Budget agreement needed in 10 days  —  Treasury Secretary Geithner urges GOP not to ‘walk away’ on talks  —  Below:  —  WASHINGTON — President Barack Obama said he and Congress “need to” agree on a budget deal in 10 days in order to meet an Aug. 2 deadline to increase …
Discussion: Reuters
New York Times:
The Worst Time to Slow the Economy  —  It was not surprising to hear the Republican presidential candidates repeat their tiresome claim that excessive government spending and borrowing were behind Friday's terrible unemployment report.  It was depressing to hear President Obama sound as if he agreed with them.
Damian Paletta / Washington Wire:
Top House Leaders Offer Conflicting Views Of Where Debt Talks Go Next
Discussion: MyFox Philadelphia
Matthew Yglesias / ThinkProgress:
John Boehner Wants To Scale Down Debt Talks
Ryan Grim / The Huffington Post:
John Boehner Rejects Obama's Grand Bargain On Debt Ceiling
Russell Berman / The Hill:
Boehner backing away from grand compromise on debt
Zack Ford / ThinkProgress:
Pawlenty: Science ‘In Dispute’ Over Whether Gays ‘Born This Way’  —  This morning on Meet The Press, David Gregory pressed GOP presidential candidate Gov. Tim Pawlenty about his recent remarks that he likes Lady Gaga's song “Born This Way,” asking if he believes being gay is a choice.
Luke Baker / Reuters:
Exclusive: EU calls emergency meeting as crisis stalks Italy  —  (Reuters) - European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region's third largest economy.
RELATED:
Stephen Castle / New York Times:
Italy Becoming a Bigger Priority for Euro Zone  —  LONDON — With fears growing that Italy could become the latest victim of the euro zone's sovereign debt crisis, and with plans for a second Greek bailout deadlocked, top European officials are to meet on Monday to wrestle with the mounting threats to the currency union.
Emily Shur / Newsweek:
Palin Plots Her Next Move  —  Sarah Palin hasn't jumped into the race for the White House (yet), but she believes the prize is there for the taking.  In a conversation with Peter J. Boyer, Palin warns Boehner not to raise the debt ceiling, proclaims that Obama is beatable—and says the 2012 field is far from settled.
Ben Domenech / Coffee & Markets:
Gawker's John Cook Attempts to Out CIA Agent Who Helped Kill Bin Laden  —  John Cook of Gawker attempted this week to out the CIA staffer who spearheaded the effort to kill Osama bin Laden.  —  In a post titled “Is This the Guy Who Killed Bin Laden?”  Cook attempts to isolate the staffer …
Matt Schneider / Mediaite:
Sen. McConnell: ‘Nobody Is Talking About Not Raising The Debt Ceiling’ In Congress  —  Senate Minority Leader Republican Mitch McConnell discussed the debt ceiling negotiations with Bret Baier on Fox News Sunday.  McConnell was in agreement with Speaker John Boehner's decision not to support …
Discussion: Hullabaloo and Doug Ross
Jonathan S. Tobin / Commentary Magazine:
Stop Obama's Egyptian Tank Sale  —  While everyone in Washington was concentrating on the debt crisis this week, the Obama administration attempted to slip through a questionable arms deal that requires serious scrutiny.  Though it got little attention, the Defense Department officially notified Congress …
Clay Shirky:
Why We Need the New News Environment to be Chaotic  —  The business environment for newspapers continues to be grim.  Pew recently reported that advertising revenue rebounded in 2010 for all forms of media, except newspapers.  * This might just be a matter of transitioning from print …
The Note:
Newt Gingrich: ‘This is the Obama Depression’  —  ABC News' Arlette Saenz reports:  —  Newt Gingrich labeled the economic situation in the U.S. as the “Obama depression,” just days after a dismal jobs report and signs negotiations on the debt deal are faltering.
Discussion: The Gateway Pundit
Sarah Palin / Facebook:
The Sugar Daddy Has Run Out of Sugar; Now We Need New Leaders  —  Barack Obama's big government policies continue to fail.  He should put a link to the national debt clock on his BlackBerry.  The gears on that clock have nearly exploded during his administration.
New York Post:
Can jobs news get worse?  Just wait and see  —  If you are an American looking for work — no, make that pleading to be allowed to earn a living — you already know this: the job market is even worse than Washington is telling us.  And Washington yesterday told us that the employment situation is just plain ugly.
RELATED:
Maggie Haberman / The Politico:
Conservative group backtracks on marriage pledge slavery language  —  A social conservative Iowa group has retracted language regarding slavery from the opening of a presidential candidates' pledge, amid a growing controversy over the document that Michele Bachmann had signed and Rick Santorum committed to.
RELATED:
Don Surber:   Latest plan to save O in 2012
 
 
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 More Items: 
Karen Langley / Concord Monitor:
Centers stop dispensing birth control
Mark Steyn / National Review:
Selective Shaming  —  Something rather weird happened in London last week.
Discussion: Don Surber and Pundit & Pundette
Tonya Mosley / KING-TV:
Kirkland 6-year-old patted down by TSA agents
Discussion: Raw Replay and Scared Monkeys
John Timmer / Ars Technica:
Renewable energy tops nuclear power in the US
Discussion: Daily Kos and The Impolitic
A. G. Sulzberger / New York Times:
Wichita Doctor Takes Up Fight for Abortions
Discussion: Crooks and Liars and Jezebel
Matthew Boyle / The Daily Caller:
Allen West: Obama must remove Eric Holder, or he's complicit with Fast and Furious cover-up
Jordy Yager / The Hill:
Mayors call on Obama to strengthen enforcement of country's gun laws
 Earlier Items: 
Damian Paletta / Washington Wire:
Geithner: Staying For ‘Foreseeable Future’
Discussion: MyFox Philadelphia
Catherine Rampell / New York Times:
Somehow, the Unemployed Became Invisible
Rod McGuirk / Associated Press:
New Australian law to make Muslims lift veils
Discussion: Weasel Zippers and Jihad Watch
Imtiyaz Delawala / ABCNEWS:
Christine Lagarde 'Can't Imagine' United States Would Default on Debt
Discussion: CNN
Salena Zito / PittsburghLIVE.com:
Issue could cost Obama his job
The Politico:
Daley: U.S. suspending military aid to Pakistan
Discussion: The Atlantic Online
 

 
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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