Top Items:
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 …
Discussion:
CNN, Indecision Forever, Mediaite, Hot Air, Questions and Observations, Wonkette, Shakesville, NewsBusters.org, White House Dossier, Michelle Malkin, Politics, Outside the Beltway, James Pethokoukis, Swampland, Economist's View, National Review, The Raw Story, The Lonely Conservative, No More Mister Nice Blog, Nice Deb, Doug Ross, And So it Goes in Shreveport, Raw Replay, Weigel, Weasel Zippers, Pajamas Media, Firedoglake, Confederate Yankee, Riehl World View, Le·gal In·sur·rec· tion, Pirate's Cove, THE ASTUTE BLOGGERS, Daily Pundit, JammieWearingFool and The Huffington Post
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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 …
Discussion:
The Caucus, Alan Colmes' Liberaland and THE ASTUTE BLOGGERS
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.”
Discussion:
The Politico, The Huffington Post, New York Post, Bloomberg, Daily Kos, The Reaction, Washington Wire, ourfuture.org/blogs_chrono/*, Liberty Street, Althouse, The Heritage Foundation, americanthinker.com, Patterico's Pontifications, Pirate's Cove, Outside the Beltway, Don Surber, The Right Scoop, GOP 12, The New Editor, Pundit & Pundette, Balloon Juice, New York Magazine, Reuters and Washington Post
Political Punch:
Obama: ‘This May Bring My Presidency Down, but I Will Not Yield’ on No Short-Term Extensions — ABC News' Jake Tapper and Ann Compton report: — It was, sources from both parties say, the most tense of the deficit reduction meetings yet. — After a period of what was described …
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 …
Discussion:
Taegan Goddard's …, Daily Kos and The Page
The Note:
Harry Reid Says ‘Childish’ Eric Cantor Shouldn't Be At The Negotiating Table
Discussion:
Raw Replay, iOwnTheWorld.com and Political Punch
Neil Irwin / Washington Post:
Top Democrats laud GOP debt-limit move; Fed chief warns of ‘calamity’ if U.S. defaults
Wall Street Journal:
Raters Put U.S. on Notice
Discussion:
The Politico, Global Public Square, National Review, Politics, New York Magazine, Bloomberg, The Page and The Lonely Conservative
Sam Stein / The Huffington Post:
Obama Warns Cantor 'Don't Call My Bluff' As Debt Talks Stall
Discussion:
Firedoglake, Washington Post, Washington Monthly, Booman Tribune, Taylor Marsh, The New Republic, Reuters, The Note, The Other McCain, odd time signatures, ourfuture.org/blogs_chrono/*, The Mahablog, Hullabaloo, The Politico, Politics, Daily Kos, msnbc.com, Oliver Willis and AMERICAblog News
Jay Newton-Small / Swampland:
Obama vs. Cantor: Tempers Flare As Debt Ceiling Negotiations Take a Dramatic Turn
Discussion:
Washington Monthly
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 …
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Alicia M. Cohn / The Hill:
McCaskill: GOP looks like ‘hot, sloppy mess’ — Sen. Claire McCaskill (D-Mo.) slammed Republicans, claiming their internal divisions were impeding the ongoing debt-ceiling negotiations. — “I don't know what [House Speaker John] Boehner (R-Ohio) has going on in his caucus,” she said on MSNBC's Morning Joe on Thursday.
Discussion:
The Politico, CNN, The Note, Washington Examiner, Esquire, Weasel Zippers and Reuters
Karl Rove / Wall Street Journal:
Obama Owns the Debt-Ceiling Fiasco
Discussion:
Washington Post and The Atlantic Online
Paul Krugman:
Obama, Moderate Republican
Discussion:
Hullabaloo, Modeled Behavior, AMERICAblog News and The Confluence
Darren Goode / Reuters:
House light bulb debate returns as amendment
Discussion:
Daily Kos and The Politico
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
The Note:
Michele Bachmann Gains Momentum, Surges in Polls — ABC News' Jonathan Karl and Amy Bingham report: — Rep. Michele Bachmann is proving to be a force to be reckoned with as she picks up momentum in early caucus states and surges in the polls. — A national Quinnipiac University poll …
Discussion:
The Moderate Voice, Taylor Marsh and CNN
RELATED:
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
Scott Wong / The Politico:
Graham: GOP has no one ‘to blame but ourselves’ — South Carolina Sen. Lindsey Graham conceded Wednesday that he and his fellow Republicans are now eating their own words as they try to convince the country they are working to stave off a federal default. — “Our problem is we made a big deal about this for three months.
Discussion:
Alan Colmes' Liberaland and Balloon Juice
RELATED:
Ben White / The Politico:
Game changer: S&P warns of pre-default downgrade …
Discussion:
ThinkProgress
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.
Discussion:
Althouse, The Politico, NO QUARTER, Political Punch, New York Magazine and Riehl World View
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.
Discussion:
The Atlantic Online, Alan Colmes' Liberaland, GOP 12, Eunomia, National Review, The Daily Caller and The Awl
Alexander Burns / The Politico:
The Bain of Mitt Romney's campaign — A company that laid off hundreds of employees. A federal “bailout” to rescue a failing bank. Mitt Romney, at the center of it all. — It's a story line from a tough Democratic ad that was teed up for use against Romney in his 1994 Senate campaign in Massachusetts.
Discussion:
Ben Smith's Blog, Erick's blog and Daily Kos
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.
Discussion:
Outside the Beltway, Hot Air, Heritage Action for America and Speaker
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 …
Discussion:
Power Line and Hot Air
Peter Orszag / Bloomberg:
About Peter R Orszag — Hard Slog — the Real Future of the U.S. Economy: Peter Orszag — The continuing weakness in the labor market and the saga of the debt limit highlight the dual problems we face: low economic growth right now and an unsustainable amount of debt for the future.
Discussion:
Politics, Via Meadia and Daily Pundit
ESPN:
Mistrial ruled in Roger Clemens case — WASHINGTON — The judge presiding over Roger Clemens' perjury trial declared a mistrial over inadmissible evidence shown to jurors. — U.S. District Judge Reggie Walton said Clemens could not be assured a fair trial after prosecutors showed jurors evidence …
Discussion:
Outside the Beltway
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 …
Discussion:
Le·gal In·sur·rec· tion, White House Dossier, Weasel Zippers and JammieWearingFool
Andrew Osborn / Telegraph:
Libya: Col Gaddafi has ‘suicide plan’ to blow up Tripoli — Col Muammar Gaddafi has a “suicidal plan” to blow up the capital Tripoli if it is taken by rebels, the Kremlin's special envoy to Libya said. — In an unusually frank interview with Russian daily newspaper Izvestia, Mikhail Margelov …
Discussion:
Politics and ThinkProgress
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 …
Thom Shanker / New York Times:
To Track Militants, U.S. Has System That Never Forgets a Face — WASHINGTON — When the Taliban dug an elaborate tunnel system beneath the largest prison in southern Afghanistan this spring, they set off a scramble to catch the 475 inmates who escaped. — One thing made it easier.
Discussion:
Battleland, ThinkProgress and thomaspmbarnett.com
James Nash / Bloomberg:
Moody's Will Cut 7,000 Top-Rated Munis If U.S. Downgraded, Reviewing More — At least 7,000 top-rated municipal credits would have their ratings cut if the U.S. government loses its Aaa grade, Moody's Investors Service said. — An “automatic” downgrade affecting $130 billion …
Discussion:
Talking Points Memo, The Atlantic Online and Pajamas Media
Wayne Cole / Reuters:
Dollar in full retreat, NZD storms 30-year peak — (Reuters) - The U.S. dollar was on the run in Asia on Thursday after a ratings warning from Moody's and a hint of further policy easing from the Federal Reserve unleashed a wave of panic selling, much to the relief of the hard-pressed euro.
Discussion:
Hot Air and americanthinker.com
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