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10:00 PM ET, July 11, 2008

memeorandum

 Top Items: 
Tom Bowles / Sports Illustrated:
Presidential candidate Obama to sponsor Cup car at Pocono race … SI.com has learned that for the first time in history, a major presidential candidate may sponsor a race car in NASCAR's premier series.  According to sources, Barack Obama's campaign is in talks to become the primary sponsor …
RELATED:
Greg Sargent / TPM Election Central:
New Obama Radio Ad Hits McCain As “Shameful” For “Makin' Stuff Up”  —  A source sends over a copy of a sharp new radio ad the Obama campaign will release a bit later today responding to this earlier RNC ad claiming Obama will hike taxes.  —  The Obama ad hammers McCain for the spot …
Discussion: Eschaton
Michelle Malkin:
Obama tries to buy the NASCAR vote
Discussion: Macsmind
Noah Shachtman / Danger Room:
Attack of the Photoshopped Missiles (Updated)  —  Iran's propagandists aren't only ones who can photoshop a missile launch.  We know how to do that on the intertubes, too.  Here's an updated sample...  Are We Lumberjacks?:
Discussion: Neptunus Lex, FP Passport and TigerHawk
RELATED:
Little Green Footballs:
More Iranian Fauxtography Discovered  —  (Hat tip: Fluffster.)  —  UPDATE at 7/11/08 1:54:59 pm:  —  Also see:  —  Attack of the Photoshopped Missiles (Updated).
Discussion: QandO
Drudge Report:
IRAN MISSILE TEST BLUFF: OLD ROCKETS, BOGUS VIDEO  —  Many of Iran's claims related to missile tests during “Great Prophet III” war games — appear to be smoke and mirrors!  —  The missiles tested DID NOT not have 2,000-kilometer range, the NEW YORK TIMES is planning to report on Saturday.
Discussion: Gateway Pundit
Karl / protein wisdom:
The Iranian threat, real and Photoshopped  —  Wired's Noah Shachtman rounds up some of the better mockeries of Iran's attempt to Photoshop a failed missile launch into a success.  My favorite may be the old school approach of a Boing Boing commenter:  —  While the Photoshop folly is deserving …
Washington Wire:
Hagel to Join Obama on Iraq Trip  —  Susan Davis reports on the presidential race.  —  The buzz this week that Republican Sen. Chuck Hagel of Nebraska is planning to join Sen. Barack Obama on an up-coming visit to Iraq is correct, two sources with knowledge of the trip confirmed Friday.
Wall Street Journal:
U.S. Shuts Big Bank As Crisis Intensifies  —  IndyMac Bank, a prolific mortgage specialist that helped fuel the housing boom, was seized Friday by federal regulators in one of the largest bank failures in U.S. history.  —  The Pasadena, Calif., thrift was one of the largest savings and loans …
RELATED:
Louise Story / New York Times:
Regulators Seize Mortgage Lender  —  Banking regulators seized IndyMac Bancorp, one of the country's largest mortgage lenders, on Friday evening.  —  The bank, a star in the subprime era, is the second largest ever to fail and the first major bank to shut its doors since the savings and loan crisis of the 1980s.
Jonah Goldberg / The Corner:
Phil Gramm  —  From a reader: … Me: Fair enough.  My own excuse is that this is one of these stories that I somehow missed until late in the day, not sure why that is.  Anyway, this is just another example of why I've always wanted Phil Gramm to be president of the United States and why that can never, ever, happen.
Discussion: The Jed Report
RELATED:
Wonk Room:
What Kind Of Economist Is Phil Gramm?
Discussion: Think Progress
Jonathan Darman / Newsweek:
Glow Fading?  —  The latest NEWSWEEK Poll shows Barack Obama leading John McCain by only 3 points.  What a difference a few weeks can make.  —  Jae C. Hong / AP  —  Poll Drop: Obama is down is the latest poll, but still shows signs of strength  —  A month after emerging victorious …
RELATED:
Jonathan Chait / The New Republic:   Barack Obama, Secret Jew?
Jennifer Parker / Political Radar:
Como Se Dice?  Obama Clarifies Comments Over Foreign Languages  —  ABC News' Sunlen Miller reports: Sen. Barack Obama reiterated his belief Friday that America's children to learn a foreign language, firing back against criticism he received from some conservative groups who suggested …
Martha Raddatz / ABCNEWS:
Obama's Iraq Withdrawal Plan May Prove Difficult  —  U.S. Commanders in Iraq Warn of Security Dangers, See Logistical Nightmare  —  Whatever nuance Barack Obama is now adding to his Iraq withdrawal strategy, the core plan on his Web site is as plain as day: Obama would “immediately begin to remove our troops from Iraq.
RELATED:
Kevin Drum / Washington Monthly:
OBAMA vs. THE BRASS....If this Martha Raddatz piece at ABC News …
Discussion: democracyarsenal.org and Hot Air
Brad DeLong / Grasping Reality with Both Hands:
Every Time I Try to Crawl Out, They Pull Me Back in!  —  You know something? … No, that is not right: … No, that is still not right: … Maybe this will do it: … Called on forty minutes' notice, I trot over to the J-School studio to be a talking head on BBC/Newsnight about Fannie and Freddie.
SilentPatriot / Crooks and Liars:
Democratic Strategy: Strength Through Weakness  —  According to Glenn, and anyone who follows American politics, this is the Democrats' grand strategy: Give Bush everyone he wants so that the Republicans can't attack them as weak and spineless.  How's that working out so far?  —  Salon:
Discussion: Don Surber
Marrecca Fiore / Fox News:
Teen Pregnancy Rate Hits 15-Year High  —  The teen pregnancy rate is up for the first time since 1991, while the percentage of teens who smoke has hit a 10-year low, according to a report released Friday by the National Institutes of Health.  —  Between 2005 and 2006, the number …
Lindsay Beyerstein / The Raw Story:
Exclusive: Alabama US Attorney denies being involved in university editor's termination  —  This ‘case is definitely about the first amendment,’ says Harper's journalist  —  The abrupt dismissal of a veteran University of Alabama employee who blogged about the firing of seven US Attorneys …
 
 
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 More Items: 
Felisa Cardona / Denver Post:
McCain staff asked for protester's ouster
Leader-Telegram Online:
McCain planning to stop in area
Discussion: Crooks and Liars and TIME.com
The Huffington Post:
McCain's List Of 300 Economists Filled With Skeptics
Economist:
Silent no more  —  An Iranian student protester, sentenced …
Kenneth P. Vogel / The Politico:
VP prospects move to fix flaws
Mohammad Rafiq / Reuters:
U.S. air strike kills 47 civilians: official
Discussion: MoJoBlog and Sweetness & Light
Laura Rozen / MotherJones.com:
Iran Red Lines
Michael Grunwald / Time:
Is Florida the Sunset State?
Discussion: The New Republic and D-Day
 Earlier Items: 
Michael M. Grynbaum / New York Times:
Woes at Loan Agencies and Oil-Price Spike Roil Markets
Jerusalem Post:
Iraq denies IAF using its airspace
Jonathan Chait / The New Republic:
Jonah Goldberg, Call Your Publisher
Juan Cole / Informed Comment:
Bhasin: Maliki and the Timetable: It's all about Blackwater
Jaime Sneider / Weekly Standard Blog:
Democrats Are Distancing Themselves from Obama
John O. McGinnis / Wall Street Journal:
Who Will Be President?  —  An obscure government agency …
Matthew Yglesias:
By Request: Does This Blog Suck? Do All Blogs Suck?
Matthew Yglesias:
By Request: Further Adventures in Suck
Discussion: Cogitamus