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2:40 PM ET, August 4, 2011

memeorandum

 Top Items: 
Quinnipiac University:
DEBT DEAL DOESN'T RESCUE OBAMA FROM FLORIDA CRASH, QUINNIPIAC UNIVERSITY POLL FINDS; ROMNEY CLOSES GAP IN 2012 PRESIDENTIAL RACE  —  The national debt ceiling deal does not rescue President Barack Obama's crashing job approval rating in Florida as he gets a negative 44 …
RELATED:
Karen Tumulty / Washington Post:
Texas Gov. Rick Perry wages an assault on state's university establishment  —  In Texas, few institutions are as venerated as its flagship universities.  Their alumni networks are vast and devoted.  The state's political power structure is woven by college ties that are as strong as party ones.
Hotline On Call:
Democratic Insiders View Romney as Obama's Main Threat
Ben Smith / Ben Smith's Blog:
Romney signs marriage pledge  —  Former Gov. Mitt Romney has joined Rep. Michele Bachmann and former Sen. Rick Santorum in signing a pledge to oppose same-sex marriage on a number of specific fronts.  —  The three candidates signed the pledge advanced by the National Organization for Marriage …
RELATED:
Danny Yadron / Washington Wire:
Romney Signs Anti-Gay Marriage Pledge, Pawlenty Doesn't
Discussion: Towleroad News #gay and NOM Blog
Sharon Jayson / USA Today:
Citing new research, psychology group supports gay marriage
Steve Chapman / Reason:
Phony Federalism  —  The Republican Party is a fickle friend to the 10th Amendment.
Discussion: Hit & Run
Jonathan Martin / The Politico:
Inside the Huntsman ‘drama’  —  A blistering internal feud in the Jon Huntsman presidential campaign is erupting into public view, with dueling camps trading charges and an exodus of campaign officials.  —  And now, a longtime family friend tells POLITICO that Huntsman's wife and father fret …
RELATED:
Jonathan Martin / The Politico:
Inside the Huntsman ‘drama’  —  'Goodness will overcome the temporary difficulties and early turf-protecting," wrote the candidate.
Paul Krugman:
Wrong And Right  —  Bruce Bartlett and others send me to this eloquent David Frum piece, which concludes: … The knee-jerk response of commenters is “But the Obama stimulus failed, deficits, yada yada.  Also, Krugman has a beard.”  Or something like that.
Discussion: FrumForum and Prairie Weather
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David Frum / FrumForum:
Were Our Enemies Right?  —  In February 1982, Susan Sontag made a fierce challenge to a left-wing audience gathered at New York's Town Hall: … Posing that question won Sontag only boos from an audience that the New York Times described as “startled.”  Yet the question has only gained power over the intervening years.
The Politico:
Obama's big drags  —  The politics of the debt fight were a drag for President Barack Obama, yanking his popularity to new lows.  Here's an even bigger drag: Obama emerges from the months-long fracas weaker - and facing much deeper and more durable political obstacles - than his own advisers ever imagined.
Graham Bowley / New York Times:
Stocks Tumble as Signs Point to Weak Global Economy  —  The stock market fell sharply Thursday on intensifying investor fears about a slowdown in global economic growth and worries about Europe's ongoing debt crisis, which is centered now on Italy and Spain.
RELATED:
Marius Zaharia / Reuters:
EURO GOVT-Italy,Spain bonds stabilise on ECB support speculation
Yahoo! News:
US borrowing tops 100% of GDP: Treasury  —  US debt shot up $238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed Wednesday.  —  Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed …
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Paul Krugman:
Rates of Wrath  —  Not good news in stock markets — but you really have to look at the bond markets to get the full awfulness of the situation.  —  The US 10-year bond rate is now down to 2.5%.  So much for those bond vigilantes.  What this rate is saying is that markets are pricing …
Jackie Calmes / New York Times:
Pressured by White House, Treasury Secretary Is Expected to Stay at Post  —  WASHINGTON — Timothy F. Geithner, the Treasury secretary and dean of President Obama's economic team, is expected to stay through the president's term after intense White House pressure, according to officials familiar with the discussions.
WorldNetDaily:
Happy birthday?  —  How much don't we know about Barack Obama as he nears the end of his third year of White House occupation?  —  Well, he claims today is his 50th birthday.  —  Yet, incredibly, it is still only an unsubstantiated claim - and, perhaps, more suspect than ever.
Discussion: Salon, The Wire and Right Wing Watch
RELATED:
The Onion:   Obama Turns 50 Despite Republican Opposition
Peter Schroeder / The Hill:
Dow plunges after debt deal, raising anxiety over economy  —  The Dow Jones Industrial Average had lost more than 300 points at midday Thursday, erasing gains for the year.  —  The index has lost more points in the last two weeks than it did after the House initially failed to approve …
RELATED:
JeeYeon Park / CNBC:
Stocks Slump Over 2%, but Off Session Lows
Discussion: Money & Company, Reuters and TalkLeft
Stephanie Clifford / New York Times:
Even Marked Up, Luxury Goods Fly Off Shelves  —  Nordstrom has a waiting list for a Chanel sequined tweed coat with a $9,010 price.  Neiman Marcus has sold out in almost every size of Christian Louboutin “Bianca” platform pumps, at $775 a pair.  Mercedes-Benz said it sold more cars last month …
Emily Ramshaw / The Texas Tribune:
Perry's Surgery Included Experimental Stem Cell Therapy  —  Keywords:  —  Enlargephoto by: Todd Wiseman / Bob Daemmrich / Bryan Jones  —  When Gov. Rick Perry emerged from back surgery on July 1, he tweeted that his “little procedure” — a spinal fusion and nerve decompression designed …
Reuters:
U.S. incomes fell sharply in 2009  —  (Reuters) - U.S. incomes plummeted again in 2009, with total income down 15.2 percent in real terms since 2007, new tax data showed on Wednesday.  —  The data showed an alarming drop in the number of taxpayers reporting any earnings from a job …
Nedra Pickler / Associated Press:
Judge allows American to sue Rumsfeld over torture … WASHINGTON (AP) — A judge is allowing an Army veteran who says he was imprisoned unjustly and tortured by the U.S. military in Iraq to sue former Defense Secretary Donald H. Rumsfeld personally for damages.
Diana Washington Valdez / El Paso Times:
Documents: Feds allegedly allowed Sinaloa cartel to move cocaine into U.S. for information  —  U.S. federal agents allegedly allowed the Sinaloa drug cartel to traffic several tons of cocaine into the United States in exchange for information about rival cartels, according to court documents filed in a U.S. federal court.
Megan Boehnke / Knoxville News-Sentinel:
Satirical mints poking fun at Obama pulled from UT bookstore  —  Web Search powered by YAHOO! SEARCH  —  PHOTO BY SAUL YOUNG, COPYRIGHT © 2011 // BUY THIS PHOTO  —  Boxes of breath mints, like this one pictured at Vice Chancellor for Communication Margie Nichols' office on Wednesday …
Rasmussen Reports:
69% Say It's Likely Scientists Have Falsified Global Warming Research  —  The debate over global warming has intensified in recent weeks after a new NASA study was interpreted by skeptics to reveal that global warming is not man-made.  While a majority of Americans nationwide continue …
 
 
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 More Items: 
New York Post:
O'Care truth sinks in
Carrie Johnson / NPR:
Obama Gets High Marks For Diversifying The Bench
Discussion: ACS Blog, Balloon Juice and Law Blog
Erik Larson / Bloomberg:
Companies Trading With Iran Hidden by U.K.
Discussion: Guardian
Chris Johnson / Washington Blade:
Debt deal could jeopardize HIV/AIDS funds
Discussion: ThinkProgress and AMERICAblog Gay
Matthew Yglesias / ThinkProgress:
Pelosi Vows Dems Won't Get Rolled Again
Discussion: Grasping Reality …
Frances Martel / Mediaite:
Gov. Christie Defends Appointing Muslim Judge: ‘This Sharia Law Business Is Crap’
Andrew Restuccia / The Hill:
Murkowski: EPA rules could threaten power reliability
Discussion: ThinkProgress and New York Times
 Earlier Items: 
Michael O'Brien / The Hill:
Obama to supporters: Don't get ‘bogged down’ on war, taxes
Scott Wong / The Politico:
Six GOP senators want deficit committee to meet in public
Discussion: Washington Monthly
Rob Portman / Wall Street Journal:
Make the Dollar-for-Dollar Rule Permanent
Jason Hanna / CNN:
Do presidents age faster in office?
Discussion: Ben Smith's Blog
Dan Froomkin / The Huffington Post:
Austerity Top Priority As Economy Sputters, Americans Suffer