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12:25 AM ET, July 17, 2011

memeorandum

 Top Items: 
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.
RELATED:
Digby / Hullabaloo:
Bizarroworld economics  —  So I'm reading this James Pethokoukis blog post at Reuters about Goldman Sachs' grim new outlook on unemployment.  This is the wrap up: … So what's the recommendation? … He's also for slashing spending, but the real answer to our prayers is tax cuts.  Seriously.
myfoxny.com:
Woman Gropes TSA Agent's Breast at Security Checkpoint  —  PHOENIX - We hear a lot of complaints about security screeners groping airline passengers.  —  But now, a Colorado woman is accused of putting her hands on a TSA agent at Sky Harbor International Airport in Phoenix.
Alexander Bolton / The Hill:
GOP leaders ignore Obama's 36-hour deadline for a debt plan  —  House Republican leaders have missed a 36-hour deadline President Obama set during a Thursday meeting for lawmakers to give him a plan to avert a national default.  —  The deadline came and went Saturday morning without a response from House Speaker John Boehner (R-Ohio).
Discussion: The Political Carnival and CNN
RELATED:
Nicholas Confessore / New York Times:
New Stable of Wealthy Donors Fueled Obama Campaign's Record Fund-Raising Quarter  —  President Obama recruited roughly 150 new elite donors, raising as much as a half a million dollars each, to help propel him to a large and early lead over his Republican opponents in the race for campaign cash …
Don Van Natta Jr / New York Times:
Stain From Tabloids Rubs Off on a Cozy Scotland Yard  —  LONDON — For nearly four years they lay piled in a Scotland Yard evidence room, six overstuffed plastic bags gathering dust and little else.  —  Inside was a treasure-trove of evidence: 11,000 pages of handwritten notes listing nearly …
Tom Ricks / Foreign Policy:
Was John F. Kennedy the flat-out absolute worst U.S. president of the 20th century?  —  As I studied the Vietnam war over the last 14 months, I began to think that John F. Kennedy probably was the worst American president of the previous century.  —  In retrospect, he spent his 35 months …
Robert Pear / New York Times:
G.O.P. Freshmen Say Debt Concerns Them More Than Re-election  —  WASHINGTON — For years, legislation to raise the federal debt limit offered plenty of political theater on Capitol Hill, with the party out of power using it to rail against the party in power.
David Segal / New York Times:
Law School Economics: Ka-Ching!  —  WITH apologies to show business, there's no business like the business of law school.  —  The basic rules of a market economy — even golden oldies, like a link between supply and demand — just don't apply.  —  Legal diplomas have such allure …
Discussion: Lawyers, Guns & Money and Althouse
CNN:
Obama-Dalai Lama meeting angers China  —  (CNN) — China spoke out strongly Sunday against a meeting between U.S. President Barack Obama and the Dalai Lama, saying it “hurt the feelings of the Chinese people and harmed Sino-U.S. relations.”  —  “This action seriously interfered with China's internal affairs …
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 …
Tim Cavanaugh / Hit & Run:
Carmageddon Shaping Up as Big Nothing  —  Rush hour traffic was light in Los Angeles Friday, in the final hours before closure of Interstate 405 for a few miles brought on a steel-and-rubber stampede of rich drivers that experts claim will destroy all intelligent life in California.
 
 
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 More Items: 
Rasmussen Reports:
29% Are Conservative on Fiscal and Social Issues, 10% Liberal on Both
Discussion: Weasel Zippers and Pajamas Media
The White House:
WEEKLY ADDRESS: A Unique Opportunity to Secure our Fiscal Future
Discussion: Weasel Zippers
The Huffington Post:
Progressive Change Campaign Committee Threatens To Pull Obama Support Ahead Of 2012
Tyler Cowen / Marginal Revolution:
How much did Fannie and Freddie cause the financial crisis?
Mark Steyn / National Review:
The Great Charade  —  There is something surreal and unnerving …
 Earlier Items: 
Shaya Tayefe Mohajer / Associated Press:
Court: 'don't ask, don't tell' will stay in place
Discussion: Hot Air and Outside the Beltway
Larry Flynt / Washington Post:
Rupert Murdoch went too far
The Huffington Post:
Elizabeth Warren: Government Hasn't Sufficiently Probed Foreclosure Abuses (VIDEO)
Discussion: Firedoglake
Bill Turque / Washington Post:
More than 200 D.C. teachers fired
Discussion: Joanne Jacobs and ThinkProgress