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3:50 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:
Walter Brandimarte / Reuters:
Moody's suggests U.S. eliminates debt ceiling  —  * Says ceiling brings periodic uncertainty to bond holders  —  * Suggests example of Chile in curbing debt  —  Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders.
Steve Benen / Washington Monthly:
No one likes the GOP's reckless tactics
Discussion: Balloon Juice
Alicia M. Cohn / The Hill:
Geithner: No backup plan if debt limit not raised
Discussion: Weasel Zippers
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 …
RELATED:
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
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 …
Zachary A. Goldfarb / Washington Post:
White House threatens veto of debt measure tied to balanced budget amendment
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
Jay Newton-Small / Swampland:
Still Stalled: Debt Talks Splinter as Negotiators Go Their Own Ways
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 …
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
Peter Schroeder / The Hill:
Elizabeth Warren to ‘think’ about Senate run against GOP's Scott Brown  —  Elizabeth Warren, the Harvard law professor tapped by President Obama to set up the new Consumer Financial Protection Bureau (CFPB), said Monday she would think about running for Sen. Scott Brown's (R-Mass.) seat in 2012.
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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.
Carter Dougherty / Bloomberg:
Obama's Pick for Consumer Agency Has Record of Fighting Banks
Discussion: ThinkProgress and Politics
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: American Power and FrumForum
Chris Moody / Yahoo! News:
Gay conservative group reaches out to Bachmann  —  As gay-issue advocacy groups increase pressure on Minnesota Rep. Michele Bachmann over her views about homosexuality, the gay conservative group GOProud is requesting a meeting with the Republican presidential candidate to possibly lend a hand.
RELATED:
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 …
Jennifer Epstein / The Politico:
Fitch: ‘AAA’ rating in jeopardy  —  Another major bond rating firm on Monday reiterated its threat to downgrade the U.S. government to a B-plus rating if the debt ceiling isn't raised by August 2 and the government defaults on its debts.  —  The warning from Fitch Ratings comes after Moody's …
Discussion: Outside the Beltway and FrumForum
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 …
The Note:
How Much Longer Can Obama Defy Political Gravity?  —  ANALYSIS By AMY WALTER (@amyewalter): Although President Obama's job approval rating of 48 percent (according to Pollster.com average) isn't exactly stellar, it is remarkably high given the level of economic pessimism and despair among American electorate.
 
 
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 More Items: 
Stanley Kurtz / National Review:
The Road to Obama Runs Through Libya
Discussion: The National Interest and Eunomia
Matthew Saltmarsh / New York Times:
Markets Stumble on Debt and Deficit Worries
Luke Rosiak / Washington Times:
$35M of Obama's $86M traced to bundlers
Alex Alvarez / Mediaite:
Bristol Palin To Star In A Reality Show With Disney Channel's Kyle Massey
Heritage Foundation:
Air Conditioning, Cable TV, and an Xbox: What is Poverty in the United States Today?
Discussion: Firedoglake and National Review
Henry / Crooked Timber:
The Limits of Left Neo-Liberalism
Ssumner / TheMoneyIllusion:
A demographic depression
Discussion: Greg's Opinion
 Earlier Items: 
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
Michael J. Boskin / Wall Street Journal:
Get Ready for a 70% Marginal Tax Rate
Dan Chung / Newsweek:
How We Broke the Murdoch Scandal
Alexander Bolton / The Hill:
Coburn to unveil $9T deficit-reduction plan
Discussion: ThinkProgress and Hot Air
 

 
From Mediagazer:

Bloomberg:
The DOJ's proposal would require Google to divest from AI partnerships, like with Anthropic, and ban Google from offering exclusive deals to content providers

Guthrie Scrimgeour / Wired:
Hawaii's The Garden Island stops using AI-generated newscasters on YouTube, Facebook, and Instagram after two months, likely due to the negative public response

Evan Drellich / New York Times:
The MLB is planning national packages for streaming companies to bid on in 2028, when its national TV deals with ESPN, Fox, and Turner expire

 
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