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9:00 AM ET, July 11, 2011

memeorandum

 Top Items: 
Carl Hulse / New York Times:
For Boehner, Lofty Budget Goals Checked by Reality  —  WASHINGTON — At a private meeting about deficit reduction at the White House last week, Speaker John A. Boehner told his fellow Congressional leaders and President Obama that he did not spend 20 years working his way up to the top job …
RELATED:
The Politico:
John Boehner's ‘grand bargain’ - with House GOP  —  Speaker John Boehner's decision not to “go big” on a debt-limit deal is the starkest demonstration yet of the limits of the Ohio Republican's power.  —  The internal GOP backlash against his efforts to secure a package of $4 trillion …
Wall Street Journal:
Taxes Upon Taxes Upon . . .  Obama wants $1 trillion in taxes on top of what he's already signed.  —  So the fondest Washington hopes for a grand debt-limit deal have broken down over taxes.  House Speaker John Boehner said late Saturday that he couldn't move ahead with a $4 trillion deal …
msnbc.com:
Obama to lawmakers: Meet every day on debt deal
Discussion: Associated Press and ABCNEWS
Damian Paletta / Washington Wire:
Top House Leaders Offer Conflicting Views Of Where Debt Talks Go Next
Discussion: MyFox Philadelphia
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.
Mirror.co.uk:
Phone hacking: 9/11 victims ‘may have had mobiles tapped by News of the World reporters’  —  DESPERATE Rupert Murdoch yesterday flew to London to try to save his ­crumbling empire.  —  He arrived in a cowboy-style hat to be hit by claims News of the World reporters hacked the phones of 9/11 victims.
RELATED:
New York Times:
A Top British Leader Urges Murdoch to Drop TV Deal
Discussion: AllThingsD
Andrew Whitaker / The Scotsman:
‘Rebekah Brooks is my No1 priority,’ says defiant Murdoch
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 …
Paul Krugman / New York Times:
No, We Can't?  Or Won't?  —  If you were shocked by Friday's job report, if you thought we were doing well and were taken aback by the bad news, you haven't been paying attention.  The fact is, the United States economy has been stuck in a rut for a year and a half.
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.
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.
Jesse Washington / Chicago Sun Times:
The disappearing black middle class  —  Princeton Professor Cornel West (center) eagerly shakes the hand of President Barack Obama in June 2010.  Today, West calls Obama “a black mascot of Wall Street oligarchs.”  Pablo Martinez Monsivais~AP  —  Millions of Americans endured financial calamities in the recession.
Discussion: Doug Ross
Carlotta Gall / New York Times:
Petraeus Confident as He Leaves Afghanistan  —  KABUL, Afghanistan — Just days away from the end of his tour as the supreme military commander in Afghanistan, and the end of a 37-year military career, Gen. David H. Petraeus said he was leaving in the belief that his plan to turn around the war …
Discussion: Attackerman
Ed Morrissey / Hot Air:
Wisconsin's Walker signs must-issue carry permits into law  —  On Friday, Governor Scott Walker signed a bill that made Wisconsin the 49th state to allow law-abiding citizens to carry firearms.  Walker had tried to get the bill passed for years while a state legislator, but his Democratic predecessor …
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 …
Rasmussen Reports:
Most Voters Think President Obama is More Liberal Than They Are  —  As they have consistently, voters continue to believe that President Obama is more liberal than they are, though that number has reached a new low.  —  A new Rasmussen Reports national telephone survey finds that 52% …
Jill / Pundit & Pundette:
All Dems want is more taxing and spending  —  It's who they are.  Year in, year out, their response to finding us in a hole is to keep digging.  That's why compromising with them is always bad news.  —  On spending and taxes, it's Obama vs. America.  Jennifer Rubin: … Rasmussen:
Sam Stein / The Huffington Post:
Obama Tries To Re-Sell Republicans On A Grand Debt Ceiling Deal … WASHINGTON — Sunday night's much anticipated debt ceiling meeting between the president and congressional leadership managed to produce an outcome, just not the desirable one.  Attendees did not find agreement on a package of cuts, revenues, or entitlement reforms.
Discussion: Open Congress
 
 
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 More Items: 
Michael Barone / Washington Examiner:
‘Man-cession’ ends as males learn new job skills
Discussion: Betsy's Page
Douglas Martin / New York Times:
Fred Newman, Writer and Political Figure, Dies at 76
Paul Caron / TaxProf Blog:
Forbes: Hawaii Adopts Obama-Style Tax Hike on the ‘Rich’
New York Post:
Weiner and wife toast their wedding
Michael R. Blood / Associated Press:
GOP looks for upset in race for Calif. House seat
Discussion: NewsBusters.org and BizzyBlog
Elisabeth Rosenthal / New York Times:
Answer for Invasive Species: Put It on a Plate and Eat It
Discussion: TigerHawk
Johanna Kaiser / Associated Press:
Mass. city to pay wedded gay workers to offset tax
Discussion: Weasel Zippers and The Raw Story
 Earlier Items: 
Tonya Mosley / KING-TV:
Kirkland 6-year-old patted down by TSA agents
Discussion: Scared Monkeys
Stephen Castle / New York Times:
Italian Debt Adds to Fears in Euro Zone
Jordy Yager / The Hill:
Mayors call on Obama to strengthen enforcement of country's gun laws
Ben Domenech / Coffee & Markets:
Gawker's John Cook Attempts to Out CIA Agent Who Helped Kill Bin Laden
The Note:
Newt Gingrich: ‘This is the Obama Depression’
Discussion: The Gateway Pundit
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and 12M subscribers; source: 50%+ of its revenue is from ads

Kimberly Nordyke / The Hollywood Reporter:
News Corp and Telstra agree to sell Australian pay TV company Foxtel Group to sports streaming platform DAZN in a deal worth ~$2.1B

 
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