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2:40 PM ET, July 18, 2011

memeorandum

 Top Items: 
CBS News:
Poll: 71% shun GOP handling of debt crisis  —  CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto.  —  Americans are unimpressed with their political leaders' handling of the debt ceiling crisis, with a new CBS News poll showing …
RELATED:
Ross Douthat / New York Times:
The Republican Retreat  —  In the negotiations over the debt ceiling, the Republican Party had everything mapped out except the endgame.  —  For months, Republican leaders used all the tools at their disposal — the anti-spending intensity of their base, the White House's desire for a deal …
David Rogers / The Politico:
John Boehner, Eric Cantor back at table with President Obama  —  President Barack Obama and the two top House Republican leaders held an unannounced meeting at the White House Sunday, trying to get debt talks back on track with just two weeks left before the threat of default.
Ezra Klein / Washington Post:
Wonkbook: A three-part deal on the debt ceiling?  —  Senate Minority Leader Mitch McConnell listens to a question while addressing the media on the budget talks.  (Mark Wilson - GETTY IMAGES) We seem to be coming closer to a deal on the debt ceiling.  It begins with the McConnell plan …
Sam Youngman / The Hill:
Obama officially threatens to veto ‘Cut, Cap and Balance’  —  The White House on Monday warned President Obama will veto GOP legislation to “Cut, Cap and Balance” spending and the budget.  —  In a statement of administration policy, the White House Office of Management and Budget labeled the GOP bill as an “empty political statement.”
Discussion: The Politico and Pajamas Media
Zachary A. Goldfarb / Washington Post:
White House threatens veto of debt measure tied to balanced budget amendment  —  The White House on Monday threatened to veto a measure that would require congressional approval of a balanced budget amendment to the Constitution before the debt ceiling can be raised.
Steve Benen / Washington Monthly:
No one likes the GOP's reckless tactics  —  When it comes to public opinion and the debt-ceiling fight, Republicans assume that the public is with them, and voter support bolsters the GOP's refusals to negotiate.  —  The evidence to the contrary is overwhelming. … Got that?
Discussion: ThinkProgress and Balloon Juice
Carl Hulse / The Caucus:
Boehner and Cantor Meet Again With Obama
Discussion: Washington Monthly and FrumForum
Jed Lewison / Daily Kos:
Debt-limit ransom: $1.5 trillion in cuts, no new revenue, and another panel
Wall Street Journal:
News and Its Critics  —  A tabloid's excesses don't tarnish thousands of other journalists.  —  When News Corp. and CEO Rupert Murdoch secured enough shares to buy Dow Jones & Co. four years ago, these columns welcomed our new owner and promised to stand by the same standards and principles we always had.
RELATED:
David Carr / New York Times:
Troubles That Money Can't Dispel  —  “Bury your mistakes,” Rupert Murdoch is fond of saying.  But some mistakes don't stay buried, no matter how much money you throw at them.  —  Time and again in the United States and elsewhere, Mr. Murdoch's News Corporation has used blunt force spending …
Guardian:
News of the World phone-hacking whistleblower found dead  —  Death of Sean Hoare - who was first named journalist to allege Andy Coulson knew of hacking - not being treated as suspicious  —  Sean Hoare, the former News of the World showbiz reporter who was the first named journalist …
John Hawkins / Right Wing News:
The Slow, Painful Coming Death Of The Independent, Conservative Blogosphere  —  Way, way back in 2001, when I got started in the blogosphere, the Right side of the blogosphere was bigger and more influential than the Left.  Why?  Well, in American politics, the energy tends to be with the party that's out of power.
Matthew Boyle / The Daily Caller:
New O'Keefe investigation uncovers Medicaid fraud [VIDEO]  —  Conservative filmmaker James O'Keefe released the first installment in a new video investigation Monday morning, this one focused on Medicaid fraud.  The first video in the series shows government employees in Ohio assisting two men …
Bill Roggio / The Long War Journal:
Video of a brutal Taliban execution of Pakistani policemen emerges  —  Warning, the video below is extremely graphic in nature.  If you choose to watch this video, you will see the Taliban brutally execute more than a dozen bound Pakistani policemen.  The Taliban then proceed to pump rounds into those who survived the initial firing.
RELATED:
Salman Masood / New York Times:
Taliban Video Shows Execution of 16 Pakistanis
Discussion: FrumForum
Walter Brandimarte / Reuters:
Moody's suggests U.S. eliminate debt ceiling  —  (Reuters) - Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders.  —  The United States is one of the few countries where Congress sets …
RELATED:
Alicia M. Cohn / The Hill:
Geithner: No backup plan if debt limit not raised
Discussion: Weasel Zippers
Elizabeth Warren / The Huffington Post:
A Big Week for the New Consumer Agency  —  This is a big week for the Consumer Financial Protection Bureau (CFPB).  Today, the President will announce his intent to nominate Richard Cordray to serve as the first Director of the Consumer Financial Protection Bureau.
RELATED:
First Read / msnbc.com:
First Thoughts: Holding pattern
Juana Summers / The Politico:
Roemer to launch W.H. bid Thursday  —  It's official: Buddy Roemer will formally announce his presidential campaign Thursday from New Hampshire.  —  While the former Louisiana governor's campaign has not set a location for the announcement, he's scheduled to speak at Dartmouth College …
RELATED:
A.Killough / CNN:
Roemer to make presidential run official
Alexander Bolton / The Hill:
Coburn to unveil $9T deficit-reduction plan  —  Sen. Tom Coburn (R-Okla.) said Sunday the federal government can save $1 trillion though tax reform, a proposal that will put him at odds with some GOP colleagues.  —  Coburn plans to unveil a $9 trillion deficit-reduction package Monday …
Discussion: ThinkProgress and Hot Air
RELATED:
Bloomberg:
Coburn of Oklahoma to Offer $9 Trillion Budget-Cut Plan to Spur Debt Talks
Michael J. Boskin / Wall Street Journal:
Get Ready for a 70% Marginal Tax Rate  —  Some argue the U.S. economy can bear higher pre-Reagan tax rates.  But those rates applied to a much smaller fraction of taxpayers than what we're headed for without spending cuts.  —  President Obama has been using the debt-ceiling debate …
Ssumner / TheMoneyIllusion:
A demographic depression  —  When I read the newspapers from the 1930s I'd occasionally see hopeful articles about how consumer spending would have to pick up soon, because of all the “pent-up” demand.  If people hadn't been buying cars for a while then presumably their cars would wear out …
Discussion: Greg's Opinion
Paul Krugman / New York Times:
Letting Bankers Walk  —  Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on the bankers.  —  This principle was on display during the final months of the Bush administration …
 
 
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 More Items: 
Steven F. Hayward / American Enterprise Institute:
An Environmental Reformation  —  Standing up to Pope Carl
Discussion: Power Line
Henry / Crooked Timber:
The Limits of Left Neo-Liberalism
Gallup:
Gallup Finds Unemployment at 8.9% in Mid-July
Adam Serwer:
You Can't Talk About Race In DC Without Talking About Unemployment
CEPR:
Robert Samuelson Wants Us to Follow the Example of a Country With 7 Years of Double-Digit Unemployment
Discussion: Paul Krugman
Des Moines Register:
Boswell ‘doing well’ after scuffle with armed intruder
Discussion: Ballot Box and Hotline On Call
Jeremy Herb / Minneapolis Star Tribune:
Cravaack's family moving to New Hampshire
Discussion: Hotline On Call
 Earlier Items: 
Dan Chung / Newsweek:
How We Broke the Murdoch Scandal
Carol J. Williams / Los Angeles Times:
U.S. Supreme Court again rejects most decisions by the U.S. 9th Circuit Court of Appeals
Discussion: Betsy's Page and SCOTUSblog
Dan Eggen / Washington Post:
2012 presidential race: Expense reports give peek at candidates' priorities, styles
The Note:
How Much Longer Can Obama Defy Political Gravity?
Discussion: TPMDC and Ben Smith's Blog
Byron York / Washington Examiner:
BELTWAY CONFIDENTIAL  —  Author who debunked Obama insurance tale doesn't want to talk
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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