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5:40 PM ET, July 24, 2011

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 Top Items: 
The Note:
Debt Crisis Update: No Deal Likely by 4 p.m.  —  ABC News' Jonathan Karl reports:  —  Asian markets?  They are on their own.  A Republican source tells ABC News negotiators do not expect to have a deal or even the framework of a deal on the debt ceiling by 4 p.m. today …
RELATED:
Paul Krugman:
President Pushover  —  Updated: Drew article now available.  —  The redoubtable Elizabeth Drew has a forthcoming article in the New York Review of Books — that confirms all our worst fears.  She tells us that past concessions have … Even more alarming, however, is her window on what the White House is thinking:
Elizabeth Drew / New York Review of Books:
What Were They Thinking?  —  Someday people will look back and wonder, What were they thinking?  Why, in the midst of a stalled recovery, with the economy fragile and job creation slowing to a trickle, did the nation's leaders decide that the thing to do—in order to raise the debt limit …
Steve Benen / Washington Monthly:
If Boehner prioritizes blame over success  —  The House went through the motions earlier this week, passing a radical “Cut, Cap, and Balance” debt-reduction plan that Republicans knew would fail.  They did this as a sort of vanity exercise, intended to make GOP lawmakers and their activist base feel better about themselves.
Manu Raju / The Politico:
Congress ditches Obama on debt talks  —  First came the Biden talks.  When those blew up, the Obama-Boehner talks took center stage.  And when that failed, the McConnell-Reid talks looked promising.  And after they faltered, the Obama-Boehner talks tried to find a new life.
Alicia M. Cohn / The Hill:
Speaker Boehner: President Obama ‘worried about his next election’  —  With his self-imposed deadline for releasing a deficit plan before overseas markets open just a few hours away, House Speaker John Boehner (R-Ohio) said both sides were “not there yet” and pushed for a two-stage debt-limit vote.
Alicia M. Cohn / The Hill:
Durbin to Boehner: ‘You break it, you own it’  —  The second most powerful Democrat in the Senate warned Republicans Sunday that they are toying with a fragile economy and would take the blame for any fallout from a debt default.  —  On Sunday, Senate Majority Whip Dick Durbin (D-Ill.) …
Discussion: CBS News
Molly K. Hooper / The Hill:
House GOP leaders schedule Sunday conference call
New York Times:
Boehner Says G.O.P. Is Ready to Act Alone on Debt Deal
Discussion: TalkLeft
Lori Montgomery / Washington Post:
Boehner hints at a unilateral debt plan; Geithner shoots down short-term options
The Hill:
Geithner: Deal must remove default threat through 2012 election
Discussion: Scared Monkeys and The Confluence
Josh Gerstein / The Politico:
Boehner paints two-step deal as only option
Josh Gerstein / The Politico:   Boehner prepared to move debt plan by himself
Nicholas Kulish / New York Times:
Norway Attacks Put Spotlight on Rise of Right-Wing Sentiment in Europe  —  BERLIN — The attacks in Oslo on Friday have riveted new attention on right-wing extremists not just in Norway but across Europe, where opposition to Muslim immigrants, globalization, the power of the European Union …
RELATED:
New York Times:
Police Say Oslo Suspect Admits ‘Facts’ in Massacre  —  OSLO — The Norwegian man charged with attacks in and near Oslo, killing over 90 people, has admitted “to the facts” of the case, the police and his lawyer said on Sunday, and claims to have acted alone in a strike eerily foretold …
Reuters:
Norway mourns victims of anti-Islam “Crusader”
Discussion: Runnin' Scared and Maggie's Farm
Tommy Christopher / Mediaite:
Debate Clucker Tim Pawlenty Asks Candy Crowley ‘Is President Obama Chicken?’  —  In a statement so rich, Republicans are refusing to tax it, GOP presidential can'tidate Tim Pawlenty (R-The Drain) rhetorically asked CNN's Candy Crowley of President Obama, “Is he chicken?”
RELATED:
Alexander Burns / The Politico:
Michele Bachmann launches scathing attack on Tim Pawlenty  —  In a statement just released from her presidential campaign, Michele Bachmann delivers a harsh counterattack on her former home-state governor, hitting back at his charge that she lacks the experience to be president and blaming Tim Pawlenty for a …
Thomas L. Friedman / New York Times:
Make Way for the Radical Center  —  DID I mention that I've signed a pledge — just like those Republican congressmen who have signed written promises to different political enforcers not to raise taxes or permit same-sex marriage?  My pledge is to never vote for anyone stupid enough to sign a pledge …
Breaking News:
Taliban hang 8-year-old boy in southern Afghanistan  —  KABUL (BNO NEWS) — Suspected members of the Taliban on Friday hung the 8-year-old son of a local police commander in southern Afghanistan after ordering his father to surrender, according to a news report on Saturday.
RELATED:
David Ariosto / CNN:
Militants hang 8-year-old boy in southern Afghanistan
Matt Schneider / Mediaite:
Chris Matthews Show Panelist: Obama In 2008 Was ‘Hope,’ In 2012 He'll Use ‘Politics Of Fear’  —  Chris Matthews hosted a discussion with his guests regarding what President Obama might have to do in order to appeal to independent voters and get re-elected?  While some on the panel suggested …
Oregonian:
Oregon Rep. David Wu hears calls to resign after revelations of unwanted sexual encounter  —  BY CHARLES POPE, BETH SLOVIC and HARRY ESTEVE  —  Pressure on Democratic Rep. David Wu to resign intensified Saturday as leaders in his own party began confronting the embattled Oregon lawmaker …
RELATED:
Associated Press:
APNewsBreak: Wu to talk with Congress leaders
Nicholas D. Kristof / New York Times:
Republicans, Zealots and Our Security  —  IF China or Iran threatened our national credit rating and tried to drive up our interest rates, or if they sought to damage our education system, we would erupt in outrage.  —  Well, wake up to the national security threat.
 
 
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 More Items: 
ABCNEWS:
Dominique Strauss-Kahn Accuser Speaks Out in Exclusive ABC News Interview
Discussion: TalkLeft and The Wire
Guardian:
Phone hacking: 7/7 victims fear police passed numbers to News of the World
Jazz Shaw / Hot Air:
Bernie Sanders: Let's primary Obama
Ben White / The Politico:
Once-patient markets now nervous about debt talks
Discussion: Outside the Beltway
Tara Lynn Wagner / NY1.com:
Marriage Equality Comes To The City
 Earlier Items: 
Alan Colmes' Liberaland:
The Ultimate Republican Threat
Discussion: The Other McCain
Daily Mail:
The shuttle as you've never seen it before: Space Station astronauts capture Atlantis re-entering …
Anne Bayefsky / Weekly Standard:
The Czechs Pull Out of Durban III (Updated)
Discussion: Israel Matzav and Pajamas Media
Andrew Goldman / New York Times:
Cornel West Flunks the President