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3:00 PM ET, July 14, 2011

memeorandum

 Top Items: 
Josiah Ryan / The Hill:
Reid: Cantor acted ‘childish’ and shouldn't be at the negotiation table  —  Senate Majority Leader Harry Reid (D-Nev.) said Thursday that House Majority Leader Eric Cantor (R-Va.) acted “childish” in the debt talks.  —  He is the the latest Democratic leader to accuse Cantor of impeding progress …
RELATED:
The Politico:
President Obama abruptly walks out of talks  —  President Barack Obama abruptly walked out of a stormy debt-limit meeting with congressional leaders Wednesday, a dramatic setback to the already shaky negotiations, according to GOP sources.  —  “He shoved back and said 'I'll see you tomorrow' and walked out …
Sam Stein / The Huffington Post:
Harry Reid And Mitch McConnell: ‘Hybrid’ Solution To Debt Standoff … Barack Obama , Harry Reid , Mitch McConnell , Cantor Debt Ceiling , Debt Ceiling , Cantor Obama , Debt Ceiling Approach , Debt Ceiling Mcconnell , Debt Ceiling Negotiations , Hybrid Debt Ceiling , Mcconnell Debt Ceiling Plan …
David Dayen / Firedoglake:
Forget the Scrum: Real Details on Debt Limit Deal Emerge  —  The headlines will blare today about the rough appropriation of an Australian soap opera that occurred in the White House last night, with Eric Cantor's ego deeply bruised and glasses fogged, after the President reportedly said “I have reached the point where I say enough.
Discussion: Washington Post, The Hill and TPMDC
Political Punch:
Obama: ‘This May Bring My Presidency Down, but I Will Not Yield’ on No Short-Term Extensions
Neil Irwin / Washington Post:
Top Democrats laud GOP debt-limit move; Fed chief warns of ‘calamity’ if U.S. defaults
Jay Newton-Small / Swampland:
Obama vs. Cantor: Tempers Flare as Debt-Ceiling Negotiations Take a Dramatic Turn
Discussion: Washington Monthly
Seung Min Kim / The Politico:
Nancy Pelosi, John Boehner reject Camp David  —  Tensions are running so high over debt talks that Capitol Hill leaders are turning down a trip to Camp David before it's even clear the White House has invited them.  —  “The only thing I hope [President Obama] doesn't ask us to do is to go to Camp David …
RELATED:
Time:
Conspiracy of Two  —  For one of the world's most watched buildings, the White House is remarkably easy to sneak into.  On the afternoon of Sunday, July 3, while reporters scribbled down the details of President Obama's early return from a family vacation at Camp David — short sleeves …
Discussion: Crooks and Liars and Hullabaloo
The Hill:
Obama warns Cantor: 'Don't call my bluff' in debt-ceiling talks  —  Republicans said tense negotiations over raising the $14.3 trillion debt limit at the White House ended when President Obama stormed out of the meeting with a stern warning to House Majority Leader Eric Cantor (R-Va.): “Don't call my bluff.”
Ezra Klein / Washington Post:
The White House's case for a big deficit deal
Mike Lillis / The Hill:
Pelosi: Markets might have to plummet before GOP acts on debt limit
Discussion: ThinkProgress
Stuart Rothenberg / Roll Call:
Debt Ceiling Stalemate Not About Numbers  —  There is an old joke, attributed to both Winston Churchill and George Bernard Shaw.  It goes something like this:  —  Churchill: Madam, would you sleep with me for 5 million pounds?  —  Woman: My goodness, Mr. Churchill ... Well, I suppose …
RELATED:
Alicia M. Cohn / The Hill:
Quinnipiac poll finds more voters would blame GOP on debt
Darren Goode / Reuters:
House light bulb debate returns as amendment
Discussion: The Politico and Daily Kos
Jeffrey M. Jones / Gallup:
“Republican Candidate” Extends Lead vs. Obama to 47% to 39%  —  Margin marks first statistically significant lead among registered voters  —  PRINCETON, NJ — Registered voters by a significant margin now say they are more likely to vote for the “Republican Party's candidate for president” …
Discussion: The Hill, Weasel Zippers, Nice Deb and CNN
RELATED:
Kendra Marr / The Politico:
Family Leader marriage pledge falters
Discussion: The Note
Ccolton / CBS New York:
Judge Declares Mistrial In Roger Clemens Perjury Case  —  NEW YORK (WFAN/AP) — The judge presiding over Roger Clemens' perjury trial has declared a mistrial over over inadmissible evidence shown to jurors that could have prejudiced them against the former Yankees star.
Discussion: The Moderate Voice
RELATED:
ESPN:
Mistrial ruled in Roger Clemens case
Discussion: Outside the Beltway
Dan Hirschhorn / The Politico:
Ron Paul ads hitting airwaves in Iowa, N.H.  —  Ron Paul is hitting the airwaves for the first time in Iowa and New Hampshire with a spot that warns ominously against raising the federal debt limit, POLITICO has learned.  —  The 60-second spot, made with all the flare of a Hollywood movie preview …
RELATED:
Jennifer Epstein / The Politico:
U.S. credit rating not worth saving, Ron Paul says
Discussion: LewRockwell.com Blog
Wayne Cole / Reuters:
Dollar in full retreat, NZD storms 30-year peak
Discussion: Hot Air and americanthinker.com
Paul Krugman:
Obama, Moderate Republican  —  OK, not exactly.  But Nate Silver's analysis of the budget proposals is a must-read.  Nate looks at polling, and extracts the following implied preferences for the mix between tax increases and spending cuts in a debt deal:  —  What Obama has offered …
Bloomberg:
Reinhart and Rogoff: The Economy Can't Grow  —  As public debt in advanced countries reaches levels not seen since the end of World War II, there is considerable debate about the urgency of taming deficits with the aim of stabilizing and ultimately reducing debt as a percentage of gross domestic product.
Discussion: AMERICAN FUTURE
Kevin Sack / New York Times:
Book Challenges Obama on Mother's Deathbed Fight  —  The White House on Wednesday declined to challenge an account in a new book that suggests that President Obama, in his campaign to overhaul American health care, mischaracterized a central anecdote about his mother's deathbed dispute with her insurance company.
Lynn Sweet:
Obama hits Chicago for 50th birthday fund-raisers at the Aragon  —  Logo for the Obama Aug. 3 birthday fund-raiser.  —  follow Lynn Sweet on Twitter: @lynnsweet  —  Rahm Emanuel headlined Obama fund-raiser Wednesday in Chicago.  —  WASHINGTON—President Obama returns to Chicago on Aug. 3 …
Judicial Watch:
Documents Show Obama White House Attacked, Excluded Fox News Channel  —  White House Emails Detail anti Fox Bias inside Obama White House: “I'm putting some dead fish in the fox cubby — just cause” “[FNC Anchor] Bret Baier...is a lunatic”  —  Judicial Watch, the public interest group …
MyFox Twin Cities:
End to Minnesota Shutdown in GOP Hands  —  Special session could be called within three days  —  ST. PAUL, Minn. (FOX 9) - Minnesota Gov. Mark Dayton sent a letter Thursday to House Speaker Kurt Zellers and Senate Majority Leader Amy Koch, saying he “reluctantly” agrees to accept …
New York Post:
The comedian-in-chief  —  Here's a joke for you: President Obama nearly bankrupts the country with his out-of-control deficit spending — then demands responsible fiscal leadership from the Republicans.  —  OK, this is no time for humor: The country faces a deadline of Aug. 2 to either raise …
Discussion: National Review and Maggie's Farm
Jess Bravin / Wall Street Journal:
A Gun Activist Takes Aim at U.S. Regulatory Power  —  MISSOULA, Mont.—With a homemade .22-caliber rifle he calls the Montana Buckaroo, Gary Marbut dreams of taking down the federal regulatory state.  —  He's not planning to fire his gun.  Instead, he wants to sell it …
Discussion: ThinkProgress, Law Blog and The BLT
Matthew Yglesias / ThinkProgress:
Michele Bachmann's Weak Command Of Yiddish  —  The GOP continues its oft-troubled Jewish outreach efforts by having Michele Bachmann try and fail to pronounce “chutzpah.”  —  Meanwhile, her church says the Pope is the Antichrist, so she's sure to break out of the Evangelical bubble any day now.
Rasmussen Reports:
55% Oppose Tax Hike In Debt Ceiling Deal  —  As the Beltway politicians try to figure out how they will raise the debt ceiling and for how long, most voters oppose including tax hikes in the deal.  —  Just 34% think a tax hike should be included in any legislation to raise the debt ceiling.
Reuters:
Bernanke: deep spending cuts could derail recovery  —  Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee hearing on “Monetary Policy and the State of the Economy” on Capitol Hill in Washington July 13, 2011.  REUTERS/Kevin Lamarque
 
 
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 More Items: 
Center for American Progress:
A Return to Responsibility  —  What President Obama and Congress …
Discussion: ThinkProgress
Matthew Yglesias / ThinkProgress:
Brookland NIMBYs Killing The Environment
Discussion: Eschaton and Brookland Avenue
Scott Conroy / Real Clear Politics:
Palin Points to Late-Summer Presidential Decision
Discussion: Outside the Beltway and Hot Air
Andrew Osborn / Telegraph:
Libya: Col Gaddafi has ‘suicide plan’ to blow up Tripoli
Discussion: Politics and ThinkProgress
Ben White / The Politico:
Game changer: S&P warns of pre-default downgrade …
A.Killough / CNN:
Elizabeth Warren vs. House GOP, round 3
Discussion: The Politico
James Nash / Bloomberg:
Moody's Will Cut 7,000 Top-Rated Munis If U.S. Downgraded, Reviewing More
 Earlier Items: 
Michael W. McConnell / Wall Street Journal:
Budget Shell Games Are Contrary to Law
Linda Greenhouse / Opinionator:
A Supreme Court Scorecard
Peter Orszag / Bloomberg:
About Peter R Orszag  —  Hard Slog — the Real Future of the U.S. Economy: Peter Orszag
Discussion: Politics, Via Meadia and Daily Pundit
Alexander Burns / The Politico:
The Bain of Mitt Romney's campaign
Scott Wong / The Politico:
Graham: GOP has no one ‘to blame but ourselves’
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Manish Singh / TechCrunch:
India issues a notice to Wikipedia over bias concerns, questioning if it should be classified as a publisher, after judges called its open editing “dangerous”

 
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