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7:25 PM ET, July 13, 2012

memeorandum

 Top Items: 
WJLA-TV:
President Obama says Romney should answer Bain Capital questions  —  In an exclusive interview, President Barack Obama tells ABC7's Scott Thuman that GOP challenger Mitt Romney should answer questions about Bain Capital and his time there.  Here's a transcript of the interview.
RELATED:
Glenn Kessler / Washington Post:
Do Bain SEC documents suggest Mitt Romney is a criminal?  —  “Romney and Bain claim that he was not involved with Bain, but Bain and its portfolio companies in their required filings under the Securities Exchange Act continuously certified to the Securities and Exchange Commission say precisely …
David Weigel / Slate:
Did the Romney Campaign Create the Swift-Yachting Story? … - Josh Levin: Penn State Should Cancel Its Football Program for a Few Seasons  — Is It Legal for Airlines To Let Richer Passengers Go Through Airport Security First?  — Manjoo: Buying an iPhone?  Get the Smallest Possible Amount of Storage.
Jed Lewison / Daily Kos:
Bain Capital press release described Romney as ‘part-time’ in July, 1999  —  A July 19, 1999 press release distributed on behalf of Regan Communications and Bain Capital described Mitt Romney as the “Bain Capital CEO” and said he was “on a part-time leave of absence to head the Salt Lake City Olympic Committee.”
CNN:
Acosta interview: Romney's spirited Bain rebuttal  —  (CNN) - Following a week of some of the sharpest attacks yet on his management of the financial firm Bain Capital, Mitt Romney offered a vocal defense Friday of his tenure there and strongly disputed reports he left the firm years later than he has previously said.
Discussion: CBS News and The Caucus
Andrew Sullivan / The Daily Dish:
Kessler: He's Drowning Not Waving  —  Glenn Kessler, WaPo's fact-checker, has a detailed examination of the latest Globe story.  Why he thinks criminal charges are extremely unlikely: … Throughout, Kessler bizarrely asserts that telling the SEC that someone is the CEO and sole owner of a company, when he isn't, is no big deal.
Discussion: Washington Post and Balloon Juice
BuzzFeed:
McDonnell Declares Bain Off Limits  —  Drawing a line in 1999.  —  McDonnell and Romney in June.  —  Image by JASON REED / Reuters  —  WILLIAMSBURG, Virginia — Virginia Gov. Bob McDonnell, a leading Republican figure, said Friday that Mitt Romney's time at the helm of Bain Capital …
J. Bradford DeLong / Brad DeLong:
Is This the Silliest Thing Glenn Kessler of the Washington Post Has Ever Written?  —  Suggestions for sillier things welcome: … Give it up, Glenn.  —  It would be very unusual for somebody to have the titles of not just “CEO” but “President”, “Chairman of the Board” and be “sole stockholder” …
ABCNEWS:
Transcript: Romney Responds to Bain Attacks In ABC Interview  —  JONATHAN KARL: Governor Romney, you have been hammered by the president and by the president's campaign over your time at Bain.  In fact, one of his top advisers actually said you might have committed a felony when it comes …
Amie Parnes / The Hill:
Obama mocks GOP health law repeal votes  —  VIRGINIA BEACH, Va. — President Obama mocked Republicans on Friday for seeking to repeal the healthcare law 33 times instead of working to pass a tax extension that would help the middle class.  —  Kicking off a two-day, five-stop bus tour in Virginia …
Discussion: CNN and Rush Limbaugh
Jonathan Easley / The Hill:
Team Romney: Obama campaign is ‘unraveling’
Steve Kornacki / Salon:
Why Mitt's story doesn't add up
Brooks Jackson / FactCheck.org:
Romney's Bain Years: New Evidence, Same Conclusion
Dylan Byers / Politico:
Romney to give television interviews today
Jonathan Easley / The Hill:   Romney surrogate: ‘Can you imagine how dumb this president is?’
BuzzFeed:
Audio Exclusive: The Speech That Landed Condi On Romney's List  —  A call to “storm Washington D.C.” Speculation in Park City that “she wants to be Vice President.”  —  With The Drudge Report driving speculation that Condoleezza Rice is now a leading contender in the Republican veepstakes …
RELATED:
Alexander Burns / Politico:
SBA List: Condoleezza Rice unacceptable  —  The anti-abortion Susan B. Anthony List released a statement this morning declaring Condoleezza Rice “unqualified” to serve as Mitt Romney's running mate.  —  Reacting to the eruption of Condi-for-veep speculation, SBA List president Marjorie Dannenfelser pointed …
Discussion: News Desk
Alicia M. Cohn / The Hill:
Palin says Rice's view on abortion shouldn't disqualify her as VP
Discussion: CNN and Riehl World View
Fox News:
Republicans accuse HHS of gutting welfare reform with quiet policy change  —  June 20, 2012: Health and Human Services Secretary Kathleen Sebelius speaks at Covenant Community Care, Inc. in Detroit.AP  —  Republicans are accusing the Obama administration of unilaterally gutting welfare reform …
Discussion: Washington Examiner
RELATED:
David Brooks / New York Times:
Why Our Elites Stink  —  Through most of the 19th and 20th centuries, the Protestant Establishment sat atop the American power structure.  A relatively small network of white Protestant men dominated the universities, the world of finance, the local country clubs and even high government service.
Ezra Klein / Washington Post:
13 reasons why this is the worst Congress ever  —  This week, the House of Representatives voted to repeal the Affordable Care Act.  On its own, such a vote would be unremarkable.  Republicans control the House, they oppose President Obama's health reform law, and so they voted to get rid of it.
PARADE Magazine:
Preview: The Exclusive PARADE Interview With President and Mrs. Bush  —  Nineteen years after leaving the White House, George H. W. Bush, 88, is seeing his legacy burnished.  In an exclusive interview in this Sunday's issue of PARADE, the former president and his wife, Barbara, 87 …
Jim Lindgren / The Volokh Conspiracy:
Over 30% of President Obama's 2009-2011 Gross Income Came From Foreign Sources  —  I find it strange that the Obama campaign would be making so much of Romney's income from foreign sources when Obama's foreign source income appears to be a much bigger percentage of his income over the last few years.
Ktla-Ltv / ktla.com:
Downtown L.A. Erupts into Violence During Art Walk  —  LOS ANGELES (KTLA) — Demonstrators threw rocks and bottles at LAPD officers as police and protesters squared off in downtown Los Angeles late Thursday night.  —  At least 20 arrests were made and four officers were injured.
Discussion: Weasel Zippers and Firedoglake
Matt Vespa / NewsBusters.org:
Open Thread: Unintentionally Hilarious Trailer for Pro-Obama Movie  —  It's Friday, so what better way to kick off the weekend than a hilarious trailer promoting an over-the-top pro-Obama movie.  Judging by the 2:30-long trailer for The Obama Effect, the movie, set in 2008 …
 
 
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 More Items: 
Alexia Tsotsis / TechCrunch:
Digg Sold To LinkedIn AND The Washington Post And Betaworks
Matthew Continetti / Washington Free Beacon:
Honey, I Shrunk Obama
Jessica Silver-Greenberg / DealBook:
JPMorgan Fears Traders Obscured Losses in First Quarter
Washington Post:
Investigation into officer's alleged threat toward first lady continues
Discussion: Booman Tribune
Andrew Pollack / New York Times:
Growers Fret Over a New Apple That Won't Turn Brown
Discussion: Hit & Run and Balloon Juice
Associated Press:
Maine Gov. Paul LePage apologizes for ‘Gestapo’ remark
Discussion: Algemeiner.com
KLFY-TV:
Jeff Landry Comes Out Against LGBT Minor
Discussion: ThinkProgress and Joe. My. God.
 Earlier Items: 
Alex Alvarez / Mediaite:
Allen West Sings Tom Petty And The Heartbreakers' ‘Runnin’ Down A Dream'
Discussion: nation.foxnews.com
Justin Sink / The Hill:
West announces $2.2M second-quarter fundraising haul
Discussion: Politico
Alicia M. Cohn / The Hill:
Bill Clinton ‘perplexed’ Romney not releasing more tax returns
Discussion: Politico, CNN and The Right Scoop
Washington Post:
Post-Stanford poll finds more Americans believe climate change is happening
Discussion: Politico and ThinkProgress