memeorandum: THE CUOMO EVOLUTION — New York governor Andrew Cuomo talks … (Julie Bolcer/Advocate)

5:30 AM ET, August 9, 2011

Top Items:

Susan Page / USA Today:

Obama's job approval — President Obama's job approval rating is 50% or higher in 16 states and D.C. Roll over each state to see how each rated Obama. The darker the shade of the state, the higher his overall approval rating. — Source: Gallup — WASHINGTON — Another “wave” …

Discussion: Booman Tribune

The Nation:

Ben Adler — It is clear from Standard & Poor's statement downgrading the federal government's credit rating that it places the blame squarely on Republican actions and policies. Two of S&P's biggest concerns about whether the United States will pay off its debt are whether Republicans …

Discussion: The Daily Caller and Alan Colmes' Liberaland

Jeffrey M. Jones / Gallup:

Obama Job Approval 50% or Higher in 16 States and D.C. — Idaho residents least approving, at 27% — PRINCETON, NJ — Residents of 16 states and the District of Columbia gave President Obama approval ratings of 50% or higher during the first half of 2011, led by the District of Columbia, Connecticut, Maryland, and Delaware.

Discussion: Patterico's Pontifications, Hotline On Call, TPMDC, Washington Wire, Washington Post, Weasel Zippers, Political Punch and Swampland

Ashley Parker / New York Times:
Back on Stump, Romney Faults Obama on Downgrade

Discussion: CNN and The Caucus

The Politico:

Rick Perry to make 2012 intentions clear Saturday — Rick Perry intends to use a speech in South Carolina Saturday to make clear that he's running for president, POLITICO has learned. — According to two sources familiar with the plan, the Texas governor will remove any doubt …

ThinkProgress:
Anti-Government Spending Crusader Rick Perry Accepted More Than $80,000 In Farm Subsidies

Discussion: Washington Post and CNN

R.G. Ratcliffe / Austin American-Statesman:
Will subsidies to farmer Perry come back to haunt presidential hopeful Perry?

Discussion: Washington Post and Alan Colmes' Liberaland

Mark Duell / Daily Mail:

Who ‘made $10bn on 10/1 bet that U.S. credit rating would be downgraded’? — A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating. — Now questions are being asked of whether the trader …

Discussion: TBogg, Weasel Zippers, The Gateway Pundit, nation.foxnews.com, Don Surber and The Lonely Conservative

Telegraph:

London riots: BBC criticised for branding thugs as ‘protesters’ — The BBC was criticised for its political correctness last night after continually referring to the yobs rioting across London as “protesters”. — Two days after a peaceful protest over the death of suspected gangster Mark Duggan …

Discussion: blogs.telegraph.co.uk and Biased BBC

Reuters: British riots spread on third night of violence

Guardian:
London riots escalate as police battle for control

Discussion: Telegraph, New York Magazine, New York Times and Hullabaloo

John-Paul Ford Rojas / Telegraph:
London riots: live

Discussion: Hot Air, blogs.telegraph.co.uk, JammieWearingFool, The Lede, THE ASTUTE BLOGGERS, TechCrunch Europe, Gawker, The Lonely Conservative and Samizdata.net, more at Mediagazer »

JeeYeon Park / CNBC:

Stocks Off Lows, Dow Above 11,000; Vix Soars — Stocks pared some losses in heavy, choppy trading Monday but were still sharply lower as investors fled from risky assets following S&P's downgrade of U.S.'s credit rating last week in addition to ongoing uncertainty over the euro zone crisis.

Discussion: Modeled Behavior, Scared Monkeys, Weasel Zippers, Pajamas Media, The Lonely Conservative, Calculated Risk, The Gateway Pundit, Hot Air, Money & Company, The Moderate Voice and Washington Times

Paul Krugman:
Aaauuuggghhh! Market Commentary Edition

Discussion: Gawker, Wonkette, AMERICAblog News, Economist's View, Firedoglake, Modeled Behavior, Talking Points Memo, The New Republic and New York Times

Josh Marshall / Talking Points Memo:
Disconnect — This piece on CNN Money says that “market …

Discussion: CNNMoney.com

Ken Sweet / CNNMoney.com:
Stocks: ‘Sell first, ask questions later’

Discussion: ABCNEWS, Moneycontrol, Online NewsHour, Global Public Square, CNN, CNBC, The Moderate Voice and New York Magazine

Peter Schroeder / The Hill:
Senate Banking looking into S&P downgrade

Discussion: Hot Air, FiveThirtyEight, Reuters and Erick's blog

Caroline May / The Daily Caller:

The National Organization for Women defends Bachmann against Newsweek — One of presidential candidate Michele Bachmann's major political opponents is defending her against what it says is blatant sexism on the part of Newsweek magazine. — Monday, the National Organization for Women …

Discussion: Washington Post, No More Mister Nice Blog, The Caucus and Weasel Zippers

Tommy Christopher / Mediaite:
Does The Michele Bachmann Newsweek Cover Make Her ‘Look Crazy’?

Discussion: The Politico, Big Journalism, NewsBusters.org blogs and Alan Colmes' Liberaland

Leary / nation.foxnews.com:
NOW Defends Bachmann Against Newsweek

Discussion: Pajamas Media, GOP 12, Sister Toldjah and Freedom's Lighthouse

The Daily Beast:
Bachmann: Tea Party Queen

Discussion: Slate, Washington Post, Taylor Marsh, Runnin' Scared, Wonkette, Salon, msnbc.com, The Huffington Post, The Daily Dish and New Yorker

Victor Morton / Washington Times:

Michael Moore to Obama: ‘Show some guts,’ arrest S&P head — Liberal firebrand Michael Moore called on President Obama to respond to the U.S. credit downgrade by arresting the leaders of the credit-ratings agencies. — On his Twitter feed Monday, the Oscar-winning film director also blamed …

Discussion: Pajamas Media and No Left Turns

Reuters:

Senate panel reviewing S&P downgrade — (Reuters) - The Senate Banking committee has begun looking into last week's decision by Standard and Poor's to downgrade the U.S. credit rating, a committee aide told Reuters on Monday. — The aide said the panel was gathering information …

Discussion: Weasel Zippers, The Hill and The Daily Caller

Danny Yadron / Washington Wire:
Romney on S&P Move: 'I Don't Think It's Simply the President's Fault'

Discussion: Mitt Romney for President …

Jeff Mason / Reuters:

Obama says he inherited economic problems — (Reuters) - President Barack Obama said on Monday he inherited many of the country's problems with high debt and deficits when he entered the White House, sounding a theme likely to dominate his 2012 re-election campaign.

Discussion: Sky Dancing, Weasel Zippers and Somewhat Reasonable

Digby / Hullabaloo:

You can believe me or you can believe your lying eyes — democrats style — You can believe me or you can believe your lying eyes — Democrat style — Moody's weighs in with a hearty high five to the fiscal scolds: … And Washington, unfortunately, is paying attention:

Discussion: Washington Post, Crooks and Liars and The Hill

Andrew C. McCarthy / National Review:
Those Colossal, Recklessly Irresponsible $2 Trillion Errors

Discussion: Pajamas Media

David Axe / Danger Room:

Did a New Taliban Weapon Kill a Chopper Full of Navy SEALs? — Updated 8:36 a.m. EDT. — The passengers and crew of the twin-rotor CH-47 Chinook helicopter probably never saw the rocket hurtling towards them. The explosion and fiery crash in Wardak province in eastern Afghanistan early …

Discussion: Hot Air, The Atlantic Online, ISAF Latest, Guardian and The Gateway Pundit

Sabawoon Amarkhail / Agence France Presse:
US helicopter crashed in Taliban trap: Afghan official

Discussion: Danger Room and Patterico's Pontifications

Sarah Palin / Facebook:

Conquering the Storm — In the coming days we'll sort through the repercussions of S&P's downgrade of our credit rating, including concerns about the impact a potential interest rate increase would have on our ability to service our suffocating $14.5 trillion debt.

Discussion: Mediaite, The Gateway Pundit, Top of the Ticket, Rumproast and Conservatives4Palin

Jennifer Rubin / Washington Post:

Obama's horrifyingly bad speech — He was a half hour late. His head turned from side to side as if he were attending a tennis match. He practically never looked in the camera, as if he were averting our gaze. And those were the strong parts of President Obama's disastrous speech.

Discussion: UrbanGrounds, theblogprof and Hot Air

John Hempton / Bronte Capital:

Who has got the margin call? — Bronte Capital tends - as this blog has said many times - to be long large cap and relatively liquid companies at 10-16 PE ratios. — And we are short the wildest range of frauds, fads and failures you can imagine. — Our shorts are small and relatively illiquid.

Discussion: Free exchange and It's All Trivial …

Molly K. Hooper / The Hill:

House leaders end page program — House Speaker John Boehner (R-Ohio) and Minority Leader Nancy Pelosi (D-Calif.) announced they were ending the House page program. — As of Aug. 31, the program — which employs nearly 70 high school students to serve as messengers and couriers …

Discussion: CNN, The Politico, Shakesville, Wonkette and New York Magazine

Joshua Spivak / The Recall Elections Blog:

What to expect when you're expecting recalls: A guide to state legislative recalls — While the political arguments surrounding tomorrow's Wisconsin recall elections are well covered elsewhere, I'd like to draw attention to the many issues and history surrounding the use of the recall - both in Wisconsin and the rest of the nation.

Discussion: Ben Smith's Blog