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Book: Treasury Secretary ignored Obama directive — NEW YORK (AP) — A new book offering an insider's account of the White House's response to the financial crisis says that U.S. Treasury Secretary Tim Geithner ignored an order from President Barack Obama calling for reconstruction of major banks.
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The Hill, Washington Post, New York Magazine, The Politico, naked capitalism, Business Insider, The Crawdad Hole and Mother Jones
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Trouble on Daley's watch — Bill Daley is off to a very rocky start. — The 63-year-old scion of Chicago political royalty was brought in as President Barack Obama's chief of staff to provide fresh blood, corporate-world experience and adult supervision to a young, free-wheeling White House staff.


Suskind's ‘Confidence Men’ Details Recession Dissension — WASHINGTON — A new book claims that President Obama's response to the economic crisis was hampered by a White House economic staff plagued by internal rivalries, a domineering chief adviser and a Treasury secretary who dragged …
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Ben Smith's Blog, Washington Post, A plain blog about politics, emptywheel and Money & Company

Bill Daley Leaves Some Democrats Longing For Rahm Emanuel
Discussion:
Mediaite, Taegan Goddard's …, New York Magazine, Questions and Observations, ThinkProgress and emptywheel


Clinton Popularity Prompts Buyer's Remorse — The most popular national political figure in America today is one who was rejected by her own party three years ago: Secretary of State Hillary Clinton. — Nearly two-thirds of Americans hold a favorable view of her and one-third are suffering …

Free to Die — Back in 1980, just as America was making its political turn to the right, Milton Friedman lent his voice to the change with the famous TV series “Free to Choose.” In episode after episode, the genial economist identified laissez-faire economics with personal choice and empowerment …
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Northern Reflections, ourfuture.org/blogs_chrono/* and Prairie Weather
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Where are the compassionate conservatives? — We heard plenty of contradictions, distortions and untruths at the Republican candidates' Tea Party debate, but we heard shockingly little compassion — and almost no acknowledgement that political and economic policy choices have a moral dimension.
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Outside the Beltway, Cafe Hayek and National Review

Misstatements Shadow Bachmann in Republican Presidential Race
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Washington Monthly, CBS News, New York Magazine, The Caucus and Michelle Malkin

Perry “Ponzi Scheme” Remark Doesn't Faze Most Republicans — Solid majority believe Social Security should be preserved — PRINCETON, NJ — Texas Gov. and presidential candidate Rick Perry's comments on Social Security, which include calling it a “Ponzi scheme,” appear to be a non-issue for most Republicans.
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You Don't Make Social Security More Solvent By Eliminating Its Funding Base — Television hosts who like to ask Republican Party members politically charges questions about Social Security (you know who you are) really ought to take 10-20 minutes to think about how Social Security works …
Discussion:
Eschaton


General Reported He Was Pressured on Testimony About White House-Backed Project, Sources Say — Gen. William Shelton, head of the Air Force Space Command, told House members in a classified briefing earlier this month that he was pressured to change prepared congressional testimony …
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Pajamas Media, Big Government, iOwnTheWorld.com, Mediaite and The Daily Beast
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Dems slam President Obama for going ‘AWOL’ on mortgage crisis — Leading House Democrats are accusing the Obama administration of ignoring the lingering mortgage crisis and threatening tens-of-millions of Americans with foreclosure in the process. — The lawmakers - encouraged by Obama's mention …
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JammieWearingFool


Shutdown Chances Increase Over Disaster Relief, Program Cut Disputes — Two separate but related Republican efforts are increasing the odds that the government will shut down at the end of September, despite repeated assurances from both GOP and Democratic leaders that neither party has an appetite for another round of brinksmanship.
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The Hill, Connecting.the.Dots and Booman Tribune
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House GOP eyes year-end omnibus
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Michelle Malkin and Sipsey Street Irregulars

Senate leaders reach deal to avert another FAA shutdown
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Firedoglake, Daily Kos and CRFB.org

Tom Ridge to endorse Huntsman at St. Anselm — CONCORD — Republican presidential hopeful Jon Huntsman will announce the endorsement of former U.S. Homeland Security Secretary Gov. Tom Ridge Friday in an event at St. Anselm College in Goffstown. — Ridge, a former governor of Pennsylvania …
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GOP 12, msnbc.com, Hotline On Call and Politics
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Weiner gets 'brush'off — By S.A. MILLER in Washington and CARL CAMPANILE in NY — Scrub out the stench of Weiner! — Newly sworn-in Republican Rep. Bob Turner's family ordered a thorough cleaning of the House office space he inherited from his disgraced predecessor, Anthony Weiner …
Discussion:
Business Insider, New York Magazine and The Daily Caller


Dakota Meyer Is Awarded Medal of Honor — WASHINGTON — President Obama awarded the Medal of Honor on Thursday to a young former Marine who ignored orders to stay put and fought his way five times into an ambush in an Afghan ravine, helping to rescue three dozen comrades and to recover the remains of four dead American servicemen.
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Balloon Juice, Flopping Aces, Washington Post and Shot in the Dark
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The Afghan Rescue Mission Behind Today's Medal of Honor
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Power Line, Politics and Ricochet Conversation Feed

Boehner gives the government too much credit — If you listened to Speaker John Boehner's speech before the D.C. Economic Club today, you heard a very specific story explaining why unemployment is stuck at 9 percent: “it's not because the American people have lost their way,” he said.
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Associated Press, Washington Monthly, Speaker and Firedoglake
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Axelrod insists Obama in strong shape to win reelection in 2012 — Despite a growing storm cloud hovering over his presidency and reelection hopes, President Obama is in strong shape and Americans stand by his plan for jobs, Obama's top campaign adviser said Friday.
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Ben Smith's Blog and Weasel Zippers

Resurgent Republic poll shows soft Hispanic support for Obama—Supreme Court stays execution—Bachmann won't answer for HPV claims—Perry pounces on study that says Romneycare cost 18K jobs — SNEAK PEEK - HISPANIC SUPPORT FOR OBAMA SOFTENS: President Obama is underperforming with Hispanics …

Ford TV Ad Slams Obama Auto Bailouts — America is still fighting over President Obama's costly bailout of Chrysler and General Motors. Especially the owners of Ford, the only member of Detroit's “Big Three” who rejected the government dole and emerged perfectly healthy.
Discussion:
Hot Air

Republicans rewriting state election laws in ways that could hurt Democrats — Looking to capitalize on their historic gains last year, Republican lawmakers in several states are rewriting their election laws in ways that could make it more difficult for Democrats to win.
Discussion:
Prairie Weather, Daily Kos and Shakesville


Dallas + Austin + Houston + San Antonio = ‘Texas Miracle’ — The entry of Rick Perry, swashbuckling Texas governor, into the contest for the Republican presidential nomination focused the country's attention on his state's strikingly anomalous labor market.
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Mother Jones
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White House works to quell Dem dissent — Senior administration officials met with Senate Democrats for an hour and a half on Thursday to answer their complaints about President Obama's jobs bill. — Democratic lawmakers voiced objections to several of the president's proposals to pay …
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Washington Monthly, New York Times, Washington Post, The Huffington Post and The New Republic

Cantor rejects ‘all-or-nothing’ approach by Obama on jobs bill — House Majority Leader Eric Cantor (R-Va.) strongly rejected the prospect of passing the entirety President Obama's recently unveiled jobs creation legislation. — “I reject the all-or-nothing approach that the president has laid out,” Cantor said Friday on CNBC.
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Hot Air


Obama: Election Odds Better in 2012 Than 2008 — At a campaign fundraiser Thursday night in Washington, D.C., President Obama said he believes his chances of being reelected in 2012 are “much higher” than they were in 2008. — “Over the last couple of months there have been Democrats …
Discussion:
Weasel Zippers and Pundit & Pundette