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9:35 AM ET, August 22, 2011

memeorandum

 Top Items: 
New York Times:
Jubilant Rebels Control Much of Tripoli  —  TRIPOLI, Libya — Col. Muammar el-Qaddafi's grip on power dissolved with astonishing speed on Monday as rebels marched into the capital and arrested two of his sons, while residents raucously celebrated the prospective end of his four-decade-old rule.
RELATED:
Steve Clemons / The Atlantic Online:
Libya: Huge Win for Libyans, A Win for Obama, Challenges Next  —  Like Qaddafi, Saddam Hussein was also a horrendous thug whose arbitrary and brutal rule resulted in the deaths of vast numbers of his own citizens — but there is no doubt that taking Saddam out removed one of the effective constraints on Iran.
BBC:
Libya conflict: Fighting rages near Gaddafi compound  —  Resident Omar describes rebels celebrating and waving opposition flags on Green Square  —  Heavy fighting is taking place in Tripoli around the compound of embattled Libyan leader Col Muammar Gaddafi after rebels seized control of much of the city on Sunday.
Aljazeera:
Fighting rages near Gaddafi's compound  —  Libyan leader's whereabouts still a mystery as clashes erupt in Tripoli, hours after rebels advanced into heart of city.  —  Heavy fighting and gun battles have broken out in areas of Tripoli after opposition fighters gained control overnight …
Associated Press:
Clashes near Gadhafi compound in Libyan capital  —  TRIPOLI, Libya (AP) — Heavy clashes have broken out near Moammar Gadhafi's compound in the Libyan capital.  —  Rebel spokesman Mohammed Abdel-Rahman says that tanks emerged from the complex, known as Bab al-Aziziya, early Monday and began firing.
ABCNEWS:
Libyan Rebels Say They Captured Gadhafi's Son in Tripoli
Bloomberg:
Qaddafi Sons Taken as Rebels Sweep Into Tripoli
Sky News:
Libyan Rebels: 'Colonel Gaddafi's Son Captured'
Discussion: Israel Matzav and The Raw Story
Bloomberg:
Wall Street Aristocracy Got $1.2T in Loans  —  Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.
Ballot Box:
Wall Street execs turn back on Obama, donate to Romney  —  Dozens of Wall Street executives who supported President Obama in 2008 have donated to Mitt Romney's presidential campaign this year.  —  According to a review of fundraising data, 67 people who work in the financial sector and live …
Gretchen Morgenson / New York Times:
Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal  —  Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices …
Alexander Burns / The Politico:
Trial lawyers prep for war on Perry  —  America's trial lawyers are getting ready to make the case against one of their biggest targets in years: Texas Gov. Rick Perry.  —  Among litigators, there is no presidential candidate who inspires the same level of hatred - and fear - as Perry …
Discussion: GOP 12 and Prairie Weather
Scott Conroy / Real Clear Politics:
Tea Party Group Launches Iowa Radio Blitz for Palin Event  —  She may not be an official candidate at this point, but Sarah Palin will hit the airwaves in Iowa on Monday, and it's not going to cost the former Alaska governor a dime.  —  Tea Party of America — a recently created group …
RELATED:
Harvey Golub / Wall Street Journal:
My Response To Buffett And Obama  —  Before you ask for more tax money from me, raise the $2.2 trillion you already collect each year more fairly and spend it more wisely.  —  Over the years, I have paid a significant portion of my income to the various federal, state and local jurisdictions …
The Auditor:
Democrats considered recalling Gov. Chris Christie  —  For a brief time this summer, Democrats were considering doing something no major political party has ever attempted in New Jersey, The Auditor has learned: Recall a sitting governor.  —  As outrage among Democrats over Gov. Chris …
Discussion: The Politico
Laura Bassett / The Huffington Post:
Obama Jobs Plan Meets Early Resistance From Republicans … Following a few dismal weeks on Wall Street and talk of a double-dip recession, President Obama will soon announce a new jobs plan that is expected to include an extension of payroll tax cuts, new revenue for transportation projects …
Discussion: Hullabaloo and Balloon Juice
RELATED:
Steve Benen / Washington Monthly:
‘Congressional Republicans want to raise your taxes’
Charles Babington / Associated Press:   GOP may OK tax increase that Obama hopes to block
Tony Kennedy / Associated Press:
Michele Bachmann's low-key IRS role belied ambitions  —  Judicial records and former peers detail her work as a tax attorney.  —  In the few seconds Michele Bachmann had to introduce herself at a Republican presidential debate in New Hampshire this summer, she promptly mentioned her credential as …
Noah Feldman / Bloomberg:
About Noah Feldman  —  Balanced Budget Acts as Dumb in Europe as in U.S.: Noah Feldman  —  If you think balanced-budget amendments are the stuff of madmen or dreamers, you were in for a surprise this month.  —  No, not the requirement of the U.S. debt-ceiling agreement that Congress vote …
Discussion: Althouse
 
 
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 More Items: 
Ross Douthat / New York Times:
Messing With Texas  —  Gov. Rick Perry of Texas hasn't lost an election in 10 tries.
Discussion: Daily Kos, The Agonist and The Politico
Anna Kitanaka / Bloomberg:
Smithers Sees ‘Significant’ S&P 500 Rally
Discussion: Clusterstock and The Big Picture
Michael Barbaro / New York Times:
In the Race to Succeed Weiner, a Surprising Anger at Obama
Stephen Ohlemacher / Associated Press:
Social Security disability on verge of insolvency
Master Feed:
Victory in Libya?  —  It's a bit premature to say that Muammar Qaddafi …
Discussion: The Atlantic Online
Jeff Poor / The Daily Caller:
NYT's Friedman: ‘Way too soon to tell’ if media blew it vetting Obama the candidate
Discussion: Hot Air and The Gateway Pundit
 Earlier Items: 
Robert Mackey / The Lede:
Latest Updates on the Battle for Tripoli
Tyler Cowen / New York Times:
The Sad Statistic That Trumps the Others
CBS News:
Dozens more arrested in oil pipeline protest
Discussion: Campaign 2012 and Washington Post
William Deresiewicz / New York Times:
An Empty Regard  —  William Deresiewicz is an essayist and critic …
Discussion: Prairie Weather
CBS News:
Ben Stein offers Rick Perry an economics lesson