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1:45 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:
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.
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 …
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 …
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
Zachary A. Goldfarb / Washington Post:
White House threatens veto of debt measure tied to balanced budget amendment
Jed Lewison / Daily Kos:
Debt-limit ransom: $1.5 trillion in cuts, no new revenue, and another panel
Discussion: TalkLeft, Washington Post and Gawker
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 …
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 …
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Alicia M. Cohn / The Hill:
Geithner: No backup plan if debt limit not raised  —  Treasury Secretary Timothy Geithner said Monday there is no backup plan if Congress does not raise the debt ceiling, but expressed optimism that talks were moving towards a deal.  —  “Our plan has been — and it's the only plan available …
Discussion: The Hill and Weasel Zippers
Vicki Needham / The Hill:
Moody's suggests eliminating debt ceiling
Discussion: Washington Monthly
Jennifer Epstein / The Politico:
Moody's: Abolish the debt limit
Discussion: iOwnTheWorld.com, CNN and FrumForum
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.
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.
Discussion: ABCNEWS and The Jawa Report
RELATED:
Salman Masood / New York Times:
Taliban Video Shows Execution of 16 Pakistanis
Discussion: FrumForum
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
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
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
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 …
Discussion: Mediaite and Hot Air
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 …
Gallup:
Gallup Finds Unemployment at 8.9% in Mid-July  —  Underemployment remains at 18.3% — the same as in June 2011 and mid-July 2010  —  PRINCETON, NJ — Unemployment, as measured by Gallup without seasonal adjustment, is at 8.9% in the middle of July — up from 8.7% at the end of June.
Pete Kasperowicz / The Hill:
White House: Budget cuts to president's office hurt debt efforts  —  Proposed House cuts to the Executive Office of the President's (EOP) budget will hurt administration efforts to cut the deficit, the White House argues.  —  The Obama administration made the argument in comments on H.R. 2434 …
 
 
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 More Items: 
Ssumner / TheMoneyIllusion:
A demographic depression
Discussion: Greg's Opinion
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
New York Times:
Not Befitting a Democracy  —  Israel's reputation as a vibrant …
Discussion: Jerusalem Post and Israel Matzav
Jeremy Herb / Minneapolis Star Tribune:
Cravaack's family moving to New Hampshire
Discussion: Hotline On Call
Dan Chung / Newsweek:
How We Broke the Murdoch Scandal
 Earlier Items: 
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: Hot Air, Ben Smith's Blog and TPMDC
Byron York / Washington Examiner:
BELTWAY CONFIDENTIAL  —  Author who debunked Obama insurance tale doesn't want to talk
Paul Krugman / New York Times:
Letting Bankers Walk