Top Items:
Peter Kafka / AllThingsD:
Dow Jones CEO Les Hinton Stepping Down — Dow Jones CEO Les Hinton is leaving the company in the wake of the PhoneGate hacking scandal. Hinton is the second high-ranking News Corp. executive to step down today, and the first major figure from the company's American operations.
Discussion:
The Lede, Guardian and Crooks and Liars, more at Mediagazer »
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Joe Nocera / New York Times:
The Journal Becomes Fox-ified — It's official. The Wall Street Journal has been Fox-ified. — It took Rupert Murdoch only three and a half years to get there, starting with the moment he acquired the paper from the dysfunctional Bancroft family in December 2007, a purchase that was completed …
Discussion:
The Big Picture, Prairie Weather, Hot Air and Company Town, more at Mediagazer »
Mark Blumenthal / The Huffington Post:
Tea Party: Polls Show Importance To GOP Base
Tea Party: Polls Show Importance To GOP Base
Discussion:
Daily Kos
Wall Street Journal:
Dow Jones CEO Resigns Over Scandal
Dow Jones CEO Resigns Over Scandal
Discussion:
The Politico, Salon, The Raw Story, FrumForum, Washington Monthly and Associated Press, more at Mediagazer »
Jeremy W. Peters / Media Decoder:
Les Hinton's Resignation Letters
Les Hinton's Resignation Letters
Discussion:
New York Magazine, The Lede, Daily Kos, Gothamist, The Moderate Voice and AMERICAblog News
The Politico:
Of Obama's $86 million, 40% from bundlers — About 40 percent of President Barack Obama's record-breaking $86 million second-quarter fundraising haul came from big-money bundlers, according to a POLITICO analysis of donors listed on Obama's campaign web site.
Discussion:
Outside the Beltway, CNN and The Daily Caller
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Michael D. Shear / The Caucus:
Obama's Haul: Big Money From Big Donors — Twenty-seven fund-raisers collected more than $500,000 each in contributions for President Obama and the Democratic Party in the past three months, helping Mr. Obama collect a record haul of campaign cash as he starts his re-election effort.
Discussion:
Ben Smith's Blog, USA Today, Ballot Box and msnbc.com
Dan Eggen / Washington Post:
Obama fundraising report signals juggernaut campaign
Obama fundraising report signals juggernaut campaign
Discussion:
OpenSecrets.org, Political Punch, The Daily Caller, Gawker, TPMDC and FrumForum
James Oliphant / Los Angeles Times:
Michele Bachmann leaves church accused of anti-Catholic bias — Taking a page from President Obama's political playbook, Michele Bachmann has formally left a church in Minnesota accused of holding anti-Catholic views. — According to CNN, the church that Michele Bachmann and her husband Marcus …
Discussion:
ThinkProgress, New York Sun and Washington Post
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Andy Birkey / Minnesota Independent:
‘Ex-gay’ conference headed to St. Paul in 2012
‘Ex-gay’ conference headed to St. Paul in 2012
Discussion:
ThinkProgress, Pam's House Blend and Minneapolis Star Tribune
Bloomberg:
Obama Eliminates Warren as Consumer Head — President Barack Obama has chosen a candidate other than Elizabeth Warren as director of the new Consumer Financial Protection Bureau, according to a person briefed on the matter. — The president's choice is a person who already works at the consumer agency, the person said today.
Discussion:
Crooks and Liars, Associated Press, naked capitalism, Balloon Juice and The Raw Story
Los Angeles Times:
House Republicans brace for compromise on debt — GOP leaders turn to their most trusted budget expert, Rep. Paul D. Ryan (R-Wis.), to explain to the rank and file what could happen if Congress fails to raise the debt ceiling. — Reporting from Washington— Republican leaders in the House …
Discussion:
Washington Monthly, Booman Tribune and Calculated Risk
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James Pethokoukis:
Will coming debt ceiling deal save America's AAA credit rating?
Will coming debt ceiling deal save America's AAA credit rating?
Discussion:
Hot Air, Marginal Revolution, Politics and Washington Post
David A. Fahrenthold / Washington Post:
GOP dissent complicates path to resolving debt-ceiling crisis
GOP dissent complicates path to resolving debt-ceiling crisis
Discussion:
Washington Monthly, ThinkProgress, Sadly, No! and Outside the Beltway
James Pethokoukis:
Panic at the White House? Gloomy Goldman Sachs sees high unemployment, possible recession — Last night in a new report, Democrat-friendly Goldman Sachs dropped an economic bomb on President Obama's chances for reelection (bold is mine): … Alarms bells must be ringing all over Obamaland today.
Discussion:
Hot Air, The Gateway Pundit and PoliPundit.com
Alexander Burns / The Politico:
Mitt Romney's cash advantage — Kasie Hunt does the math: … One of the more than incidental benefits to treading light in Iowa is that Romney will probably be able to keep a relatively low burn rate for much of the summer. At the end of the quarter, Pawlenty had just $1.4 million …
Discussion:
FrumForum
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The Note:
Pawlenty Calls Out Romney On Debt Ceiling Debate
Pawlenty Calls Out Romney On Debt Ceiling Debate
Discussion:
TPMDC, Ballot Box, CNN and The Raw Story
Media Matters for America:
REPORT: How CNN, MSNBC, And Fox Are Covering News Corp. Hacking Scandal — News Corp.'s long-simmering phone-hacking scandal has reignited, throwing its global media empire into turmoil. As allegations of hacking into private citizens' voicemail increase, media and tabloid practices have been called into question.
Discussion:
Taylor Marsh, ThinkProgress, Media Matters for America, The Reaction and CNN
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Alex Seitz-Wald / ThinkProgress:
Fox And Friends Defends News Corp's Hacking Scandal: ‘We Should Move On’
Fox And Friends Defends News Corp's Hacking Scandal: ‘We Should Move On’
Discussion:
Washington Post, Company Town, Mediaite, Gawker, The Nation and Wonkette, more at Mediagazer »
Josiah Ryan / The Hill:
Jackson Lee: Congress complicating debt ceiling because Obama is black — Rep. Sheila Jackson Lee (D-Texas) on Friday strongly suggested that members of Congress are making it difficult for President Obama to raise the debt ceiling because of his race. — “I do not understand …
Katrina Trinko / National Review:
Perry's Briefing — Word in Austin is that Rick Perry is doing everything necessary to prepare for a presidential run, including brushing up on foreign policy. — We hear that he recently met with top national-security experts Doug Feith and William Luti.
Discussion:
Hot Air, ThinkProgress and The Daily Dish
Mj Lee / The Politico:
Dalai Lama to visit W.H. on Saturday — Part of the Dalai Lama's Washington visit will include a White House visit. — AP Photo — The White House announced late Friday that President Obama will meet with the Dalai Lama at the White House on Saturday, finally putting an end …
Discussion:
Right Wing News and FrumForum
Frank Newport / Gallup:
For First Time, Majority in U.S. Supports Public Smoking Ban — Little support for making smoking illegal, however — PRINCETON, NJ — A majority of Americans (59%) support a ban on smoking in all public places for the first time since Gallup initially asked the question in 2001.
Discussion:
Outside the Beltway, The New Republic and Hot Air
Michael Wines / New York Times:
China Plans to Release Some of Its Pork Stockpile to Hold Down Prices — BEIJING — Some nations have strategic oil reserves. Some keep grain reserves. China has both, and something others have somehow overlooked: a national pork reserve. — And with the price of pig meat up 38 percent …
Discussion:
Lawyers, Guns & Money
Greg Sargent / Washington Post:
Obama makes his case to the left — President Obama recently took a beating from some on the left for suggesting that immediate deficit reduction is necessary to take the issue off the table and make it possible to spend more on liberal priorities later. And Obama of course has regularly …
Discussion:
The New Republic, Jared Bernstein, Crooks and Liars and Corrente
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David Dayen / Firedoglake:
Obama's “Deficit Now, Jobs Later” Strategy Doesn't Seem Sound
Obama's “Deficit Now, Jobs Later” Strategy Doesn't Seem Sound
Discussion:
Daily Kos