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8:35 PM ET, July 11, 2011

memeorandum

 Top Items: 
Sam Stein / The Huffington Post:
Obama Offered To Raise Medicare Eligibility Age As Part Of Grand Debt Deal … WASHINGTON — In his press conference on Monday morning, President Barack Obama repeatedly insisted that he was willing to tackle some sacred cows as part of a larger package to raise the debt ceiling.
RELATED:
The White House:
Press Conference by the President James S. Brady Press Briefing Room  —  THE PRESIDENT: Good morning, everybody.  I want to give a quick update on what's happening with the debt negotiations, provide my perspective, and then I'm going to take a few questions.  —  As all of you know, I met with congressional leaders yesterday.
Ezra Klein / Washington Post:
Wonkbook: Three reasons the debt deal collapsed  —  (Brendan Smialowski - GETTY IMAGES) Last week's sudden and inexplicable burst of debt-deal optimism is over.  But don't ask why the $4 trillion deal collapsed.  That's like asking why John Boehner didn't sprout wings and fly.
Wall Street Journal:
Taxes Upon Taxes Upon . . .  Obama wants $1 trillion in taxes …
Igor Volsky / ThinkProgress:
Five Separate Sources Confirm Obama Floated Raising Medicare Age ‘As Part Of A Big Solution’
Discussion: Shakesville
Alicia M. Cohn / The Hill:
Sen. Paul: Boehner has ‘no plan’ to balance the budget
Discussion: The Note
Chris Moody / Yahoo! News:
GOP leaders say they've sacrificed enough already on debt negotiations
Discussion: ThinkProgress
Greg Sargent / Washington Post:
Obama ups the ante against GOP on taxes
Discussion: Hullabaloo and Eschaton
The Politico:
John Boehner's ‘grand bargain’ — with House GOP
Yuval Levin / National Review:   A Real Deal  —  Reading the papers this morning, one would …
Gschwarzcnn / CNN:
Cantor: No tax increases, denies split with Boehner
Craig Robinson / The Iowa Republican:
TIR Poll: Bachmann Overtakes Romney in Iowa  —  Minnesota Congresswoman Michele Bachmann has surpassed former Massachusetts Governor Mitt Romney in a recent Iowa poll that was conducted by TheIowaRepublican.com.  With Bachmann now leading in Iowa, Romney has fallen to second place …
RELATED:
Tanya Somanader / ThinkProgress:
Bachmann Responds To Slavery Controversy With Another Slavery Analogy  —  In their apparent effort to ban pornography, GOP presidential frontrunner Rep. Michele Bachmann (MN) and competitor Rick Santorum simultaneously signed a pledge declaring that African-American children …
Natalie Jennings / Washington Post:
Michelle Obama orders 1,556-calorie meal at Shake Shack  —  First lady Michelle Obama ordered a whopper of a meal at the newly opened Washington diner Shake Shack during lunch on Monday.  —  A Washington Post journalist on the scene confirmed the first lady, who's made a cause out of child nutrition …
Hollie McKay / Reuters:
EXCLUSIVE: Mila Kunis Says She'll Accompany U.S. Marine to Corps Ball  —  Most men will spend their lives dreaming about going on a date with Mila Kunis - but for one U.S. Marine, that fantasy may very well turn into a reality.  —  Sgt. Scott Moore, of the 3rd Battalion 2nd Marines in Musa Qala …
Guardian:
News International papers targeted Gordon Brown  —  Newspapers obtained information from the former prime minister's bank account, legal file and family medical records  —  Journalists from across News International repeatedly targeted the former prime minister Gordon Brown …
Craig Whitlock / Washington Post:
Panetta appears to link al-Qaeda presence with Iraq invasion  —  Pool/Reuters - U.S. Defense Secretary Leon Panetta delivers remarks to U.S. troops as he visits Camp Victory in Baghdad July 11, 2011.  Panetta arrived in Iraq on Sunday on his first trip there as U.S. defence secretary.
Saeed Shah / Guardian:
CIA organised fake vaccination drive to get Osama bin Laden's family DNA  —  Senior Pakistani doctor who organised vaccine programme in Abbottabad arrested by ISI for working with US agents  —  The CIA organised a fake vaccination programme in the town where it believed Osama bin Laden …
RELATED:
Richard Ruelas / Arizona Republic:
Guns in Arizona: Legislator's gun highlights debate  —  State Sen. Lori Klein did not intend to make a political statement when she carried a loaded weapon into the state Capitol two days after the mass shooting outside Tucson.  The raspberry-pink handgun was simply in her purse, alongside her lipstick and keys.
RELATED:
Dennis Welch / The Arizona Guardian:
Lawmaker points loaded gun at reporter in the Senate
Discussion: ThinkProgress and Wonkette
rebelpundit:
Chicagoans Overwhelmingly Vote to Ban Palin, Beck & Coulter Books at Book Fair in Obama's Home Town  —  In June we attended the Printer's Row Literature Festival in Chicago.  City blocks were closed off for tents and booths full of all types of literature.  We presented a board with a selection …
WFTV Channel 9:
Alan Grayson To Run For Office Again  —  ORLANDO, Fla. — WFTV learned on Monday that former U.S. Congressman Alan Grayson is running for office again.  —  On Monday, Grayson said he doesn't plan to do anything different.  He said he's running again because of all the people who have reached out and asked him to.
Discussion: Moe Lane and Hotline On Call
Brian Ross / ABCNEWS:
Michele Bachmann Clinic: Where You Can Pray Away the Gay?  —  A former patient who sought help from the Christian counseling clinic owned by GOP presidential hopeful Michele Bachmann and her husband, Marcus, told ABC News he was advised that prayer could rid him of his homosexual urges and he could eventually be “re-oriented.”
Motoko Rich / New York Times:
Economy Faces a Jolt as Benefit Checks Run Out  —  An extraordinary amount of personal income is coming directly from the government.  —  Close to $2 of every $10 that went into Americans' wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody's Analytics.
Jonathan Capehart / Washington Post:
Sarah Palin as Newsweek cover girl — again  —  As celebrity glamour shots go, Sarah Palin's cover photo on this week's Newsweek is danged good!  The best-selling author and reality-TV star looks young and vibrant.  Her devil-may-care countenance aided and abetted by the wind conspicuously blowing hair back.
Greg Sargent / Washington Post:
Top Senate Dems privately warn: Deep Medicare cuts will squander our big advantage on issue  —  Top Democrats in charge of keeping the Senate in Dem hands and maintaining the political health of the party — DSCC chair Patty Murray and messaging chief Chuck Schumer — have privately expressed frustration …
RealClearPolitics Video Log:
Obama Warns Best-Selling Authors: You're Not “Off The Hook”  —  President Obama wants to let you know that no one is getting off the hook.  Be it CEOs of Fortune 500 companies, corporate jet owners, hedge fund managers, or .... best-selling authors?  Yes: We weren't balancing the budget off …
Discussion: Michelle Malkin
Stephen F. Hayes / Weekly Standard:
Obama vs. Obama  —  Not long ago, Obama warned that raising taxes in a struggling economy is “the last thing you want to do.”  —  In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling.
Michael A. Memoli / Los Angeles Times:
‘Eat our peas’: Pea growers react to Obama remark  —  Three types of spring peas, from left: English peas, sugar snap peas and snow peas.  (Susan Tusa/Detroit Free Press/MCT)  —  Message to President Obama: give peas a chance.  —  That's the reaction of the USA Dry Pea & Lentil Council …
Alex Tabarrok / Marginal Revolution:
The Great Fiction  —  Catherine Rampell, Bruce Bartlett, and Matt Yglesias are all pushing the chart below from a paper by Suzanne Mettler.  According to this gang, people who use, for example, the mortgage interest deduction or who have a 529 college savings program are willfully ignorant …
Robert Bridges / Wall Street Journal:
A Home Is a Lousy Investment  —  Today's young people would be foolish to imitate their parents and view ownership as the cornerstone of personal finance.  —  At the risk of heaping more misery on the struggling residential property market, an analysis of home-price and ownership data …
 
 
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 More Items: 
Dan Nowicki / Arizona Republic:
Flake has $2 mil in Senate bid
Discussion: Hotline On Call and Ballot Box
Julian E. Barnes / Washington Wire:
'Don't Ask, Don't Tell': More Court Wrangling
Travis Waldron / ThinkProgress:
Connecticut Republicans Opposed Bill Allowing Brutal Police Beatings To Be Caught On Tape
Jean Merl / L.A. NOW:
Ramona Hahn, matriarch of L.A. political family, dies [Updated]
Discussion: The Other McCain and The Informer
Jared Bernstein / On the Economy:
Robert Samuelson Chooses Badly
Megan McArdle / The Atlantic Online:
Euro in Crisis: Is the Italian Domino Falling?
Discussion: Dow Jones Newswires
 Earlier Items: 
Gschwarzcnn / CNN:
Clinton surpasses $75 million in speech income after lucrative 2010
Scott Baker / Breaking news and opinion on The Blaze:
MOVE TO TEXAS CONFIRMED: BECK ANNOUNCES HE WILL OPEN NEW RADIO & TV BROADCAST FACILITY IN DALLAS
UPI:
McConnell: Casey Anthony verdict a warning
Phil Willon / Los Angeles Times:
‘South California’ for 51st state?
Discussion: The Snitch and Gawker
Jim Tankersley / NationalJournal.com:
The Glum and the Restless  —  Nearly one in five recent grads is out of work.
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Paige Smith / Bloomberg:
CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks

 
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