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2:55 PM ET, August 28, 2009

memeorandum

 Top Items: 
Wall Street Journal:
The Fall Guy  —  CIA Director Leon Panetta getting sacked by his own team.  —  Printer  —  Friendly  —  In the game of political football that is today national security, spare a thought for CIA Director Leon Panetta.  Quarterbacking is hard enough without getting sacked by your own team.
RELATED:
Washington Post:
Holder's Decision To Probe CIA Hints At a New Dynamic  —  About five weeks ago, faced with a crucial decision on how to react to brutal CIA interrogation practices, Attorney General Eric H. Holder Jr. concluded that it would be all but impossible to follow President Obama's mandate to move forward …
Ruben Navarrette Jr / CNN:   Commentary: Investigating CIA is a foolish move
Matt Corley / Think Progress:
Local official to Bachmann: 'I'll be danged if I am going to give up my Social Security because of socialism.'  —  In Lake Elmo, Minnesota yesterday, Rep. Michele Bachmann held a “raucous” town hall meeting to discuss health care reform that was filled with “deafening cheers and a few jeers.”
RELATED:
Michelle Malkin:
Rep. Michele Bachmann to heckler: “I've given birth here probably …
Discussion: Weekly Standard and Weasel Zippers
Pat Doyle / Minneapolis Star Tribune:
Health care debate? Still fevered
Paul Kane / Capitol Briefing:
With LeMieux Pick, the Dawn of a New Era of Appointed Senators  —  George LeMieux, Florida Gov. Charlie Crist's selection to succeed retired Sen. Mel Martinez (R-Fla.), will become the fifth senator this year to take his seat through appointment.  A possible sixth appointee is waiting …
Discussion: Taegan Goddard's …
RELATED:
St. Petersburg Times:
Crist picks George LeMieux to fill Senate seat
Discussion: Salon
Steve Bousquet / The Buzz:
George LeMieux named Florida's new senator
Discussion: The Caucus and Swing State Project
RELATED:
Kevin Sack / New York Times:
Dealing With Being the Health Care ‘Villains’  —  LOUISVILLE, Ky. — Max Shireman says that when he looks in the mirror he does not see the monster the politicians have made him out to be.  —  Sure, he could stand to lose a few pounds.  And there was that speeding ticket last year for going 40 in a 30-mile-an-hour zone.
RELATED:
Yves Smith / naked capitalism:
New York Times Runs Yet Another Fawning Story on Health Insurance Industry
Declan McCullagh / CNET News:
Bill would give president emergency control of Internet  —  Internet companies and civil liberties groups were alarmed this spring when a U.S. Senate bill proposed handing the White House the power to disconnect private-sector computers from the Internet.  —  They're not much happier …
David Cho / Washington Post:
Banks ‘Too Big to Fail’ Have Grown Even Bigger  —  Behemoths Born of the Bailout Reduce Consumer Choice, Tempt Corporate Moral Hazard  —  When the credit crisis struck last year, federal regulators pumped tens of billions of dollars into the nation's leading financial institutions …
Ben Calhoun / NPR:
‘Reading Rainbow’ Reaches Its Final Chapter … For 26 years, Reading Rainbow host LeVar Burton (left) shepherded kids through the exciting world of books.  The show, which fostered a love of reading, was the third longest-running program in PBS history, outlasted only by Sesame Street and Mister Rogers' Neighborhood.
Charles Krauthammer / Washington Post:
A Strategy to Save Obamacare, But at What Cost  —  Obamacare Version 1.0 is dead.  The 1,000-page monstrosity that emerged in various editions from Congress was done in by widespread national revulsion not just at its expense and intrusiveness but also at the mendacity with which it is being sold.
Bloomberg:
Leverage Rising on Wall Street at Fastest Pace Since '07 Freeze  —  Aug. 28 (Bloomberg) — Banks are increasing lending to buyers of high-yield company loans and mortgage bonds at what may be the fastest pace since the credit-market debacle began in 2007.  —  Credit Suisse Group AG and Scotia Capital …
Attaturk / Firedoglake:
Gutless Cowards  —  Observe the man who undoubtedly receives medicare speaking in an Iowa town hall meeting with Senator Charles Grassley earlier this week: … Observe that Grassley says NOTHING to dissuade the gentlemen from his thesis or desire.  —  This has happened again, and again, and again in the last month.
Discussion: The Mahablog and AMERICAblog News
Ellen Nakashima / Washington Post:
Bush's Search Policy For Travelers Is Kept  —  Obama Officials Say Oversight Will Grow  —  The Obama administration will largely preserve Bush-era procedures allowing the government to search — without suspicion of wrongdoing — the contents of a traveler's laptop computer …
Boston Globe:
Legislature must act quickly on interim Senate appointment  —  THE DEATH Tuesday of Senator Edward M. Kennedy puts Massachusetts at half strength in the US Senate at a precarious time.  Massachusetts lawmakers will only worsen the situation if they fail to take steps to assure a timely replacement.
David Brooks / New York Times:
The Great Gradualist  —  In the days since Ted Kennedy's death, the news programs have shown and re-shown the unforgettable ending of his 1980 Democratic convention speech — the passage from Tennyson and the beautiful final lines: “The work goes on, the cause endures, the hope still lives, and the dream shall never die.”
Lisa Demer / Anchorage Daily News:
SarahPAC taken to task by feds for illegal contributions  —  OOPS: Mistakes on political donations blamed on software.  —  ldemer@adn.com  —  Former Gov. Sarah Palin's political action committee gave excessive contributions to two well-known Republicans and also is facing demands …
Blue Texan / Firedoglake:
Joe Scarborough & Peggy Noonan: Americans Secretly Yearning for Republican-Controlled Congress  —  Some pretty first-rate concern trolling here on “Morning Joe.”  —  What Nooners and Scar conveniently ignore is that Obama's numbers are dropping primarily because he's losing Democrats.
Discussion: Daily Kos and Balloon Juice
Andrew Malcolm / Top of the Ticket:
Obama defies safety advocates, shuns bike helmet, looks great, ignites debate  —  In an obvious bid to broaden public support for his troubled healthcare reform plans, a vacationing President Obama has now taken to defying the advice of safety advocates at both the federal and state levels.
Paul Krugman / New York Times:
Till Debt Does Its Part  —  So new budget projections show a cumulative deficit of $9 trillion over the next decade.  According to many commentators, that's a terrifying number, requiring drastic action — in particular, of course, canceling efforts to boost the economy and calling off health care reform.
Myglesias / Matthew Yglesias:
The Pentagon's Parking Lot  —  I think it's great that the newest Pentagon auxiliary structure will be the DOD's greenest office building yet but if they really wanted to be environmentally conscious they wouldn't have located it “a mere 7 miles down I-395 at Mark Center,” …
Discussion: DCmud
Steve Benen / Washington Monthly:
MAKING THE PUBLIC OPTION OPTIONAL.... Former House Majority Leader Dick Armey (R) of Texas has been one of the leading right-wing agitators against health care reform.  It was a little odd, then, to see Armey accidentally tell The Economist that the public option may be a good idea.
Charles Hurt / New York Post:
OOPS!  CHARLIE FORGOT THIS $1M HOUSE  —  REALTY BITES TAX-THEM-NOT-ME RANGEL  —  WASHINGTON — Rep. Charles Rangel failed to report as much as $1.3 million in outside income — including up to $1 million for a Harlem building sale — on financial-disclosure forms he filed between 2002 and 2006, according to newly amended records.
Natalie Erlich / CNBC.com:
1,000 Banks to Fail In Next Two Years: Bank CEO  —  The US banking system will lose some 1,000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May.  —  “We've already lost 81 this year,” Kanas told CNBC.  “The numbers are climbing every day.
Philip Rucker / Washington Post:
Late Senator's Staff Became The Other Kennedy Family  —  Behind each of Edward M. Kennedy's legislative victories was a vast coterie of staffers who became Washington legend.  They meticulously packed the senator's black briefcase each evening with tabbed, underlined and dog-eared briefing papers.
Adam Krauss / Foster's Daily Democrat:
Shea-Porter bumps into GOP Senate hopeful Ayotte on the way to Portsmouth cookout  —  PORTSMOUTH — Before Congresswoman Carol Shea-Porter arrived at a backyard picnic-styled health care rally Thursday night, she stopped at a downtown hotel where her staff is staying and found herself face …
Bobby Ghosh / Time:
Pakistan's Non-Campaign Against the Taliban  —  Despite strenuous entreaties by top U.S. officials, Pakistan has abandoned plans to mount a military offensive against the terrorist group responsible for a two-year campaign of suicide bombings across the country.
 
 
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 More Items: 
Marc Ambinder / The Atlantic Politics Channel:
The Jewish Redemption Of Ted Kennedy
Discussion: Tablet Magazine and ABCNEWS
John Rosenthal / Pajamas Media:
Inglorious Basterds: A German Fantasy, Not a ‘Jewish’ One
Discussion: Dr. Melissa Clouthier
Andrew Belonsky / Gawker:
In True Psycho Fashion, Phillip Garrido Had Blog, Heard God
Discussion: Mediaite, Guardian, Pharyngula and ABCNEWS
Greg Mankiw / Greg Mankiw's Blog:
The Least Surprising Correlation of All Time
The Politico:
Burton defends new vacation
 Earlier Items: 
New York Times:
Smart Child Left Behind
Kate Southwood / The Huffington Post:
Why Isn't Health Care a Right?
Discussion: The Other McCain
David D. Kirkpatrick / New York Times:
Some Roman Catholic Bishops Assail Health Plan
Discussion: Boston Globe and Blog entry
Ronald Bailey / Reason:
Sunspots Do Really Affect Weather Patterns, Say Scientists
Discussion: A Blog For All
Robert Seidman / TVbytheNumbers:
Big Beck: Goes over 3 million viewers, beats O'Reilly in demo …
 

 
From Mediagazer:

Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024

 
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