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1:40 PM ET, July 5, 2010

memeorandum

 Top Items: 
Paul Krugman / New York Times:
Op-Ed Columnist: Punishing the Unemployed  —  There was a time when everyone took it for granted that unemployment insurance, which normally terminates after 26 weeks, would be extended in times of persistent joblessness.  It was, most people agreed, the decent thing to do.  —  But that was then.
Jeremy W. Peters / Media Decoder:
On The Economist's Cover, Only a Part of the Picture  —  It was the ideal metaphor for a politically troubled president.  —  There was President Obama on the cover of the June 19 issue of The Economist, standing alone on a Louisiana beach, head down, looking forlornly at the ground.
Russell Berman / The Hill:
Sen. Brown: 'I'm liking what I see' on financial reform legislation  —  Sen. Scott Brown (R-Mass.) offered a hint that he may support the financial reform bill when it comes to a final vote later this month.  —  “I'm going to be making a decision soon, but I'm liking what I see,” …
RELATED:
WHDH-TV:
Sen. Brown attends parades, hints at upcoming votes
Discussion: TPMDC
New York Times:
Companies Find Ways to Bypass Ban on Earmarks  —  TOLEDO, Ohio — Just one day after leaders of the House of Representatives announced a ban on earmarks to profit-making companies, Victoria Kurtz, the vice president for marketing of a small Ohio defense contracting firm, hit on a creative way around it.
Las Vegas Review-Journal:
WAYNE ALLYN ROOT: Barack Obama: The great jobs killer  —  As former President Ronald Reagan might have said, “Obama, there you go again.”  —  The current occupant of the White House claims to know how to create jobs.  He claims jobs have been created.  But so far the score …
Discussion: alicublog
Myglesias / Matthew Yglesias:
Confusion at The Washington Post  —  Washington Post ombudsman Andrew Alexander gives us another case study in how difficult it is for established institutions to transition into a new world: … Someone's sure confused here!  But are readers really going to be “confused” if someone …
Fareed Zakaria / Washington Post:
Obama's CEO problem — and ours  —  The American economy is sputtering and we are running out of options.  Interest rates can't go any lower.  Another burst of government spending — whether a good or bad idea — looks politically impossible.  Can anything protect us from the dangers of stagnation or a double dip?
Jonathan Amos / BBC:
Planck reveals ‘spectacular sky’  —  This is the extraordinary place where we all live - the Universe.  —  The picture is the first full-sky image from Europe's Planck telescope which was sent into space last year to survey the “oldest light” in the cosmos.
Discussion: Telegraph
Amy Gardner / Washington Post:
Tea party gatherings on the Fourth mix the educational and the patriotic  —  BEALETON, VA. — “Tea party” activists across the nation tried to put the “independence” back in Independence Day this weekend with festivals and other gatherings focused on the Constitution — and how to use it for political gain.
Discussion: Outside the Beltway
Christopher Beam / New York Magazine:
A Reasonable Man  —  In a world of loud voices and extreme positions, David Brooks manages to be both irrelevant and absolutely essential.  —  D avid Brooks is angry—for David Brooks, at least.  “This is a damn outrage, to be honest,” he tells David Gregory on Meet the Press.
Discussion: Eschaton
CNBC:
Dow Repeats Great Depression Pattern: Charts  —  The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.  —  “Those who don't remember history are doomed to repeat it …
Russell Berman / The Hill:
Biden: Iraqis are ‘absolutely ready’ to take over full security  —  Vice President Joseph Biden said Monday that the Iraqis are “absolutely” ready to take over full responsibility for securing their country as the U.S. proceeds with a planned drawdown of combat forces.  —  “They are ready.
Discussion: CNN
Ambrose Evans-Pritchard / Telegraph:
With the US trapped in depression, this really is starting to feel like 1932  —  The US workforce shrank by 652,000 in June, one of the sharpest contractions ever.  The rate of hourly earnings fell 0.1pc.  Wages are flirting with deflation.  —  “The economy is still in the gravitational pull …
New York Times:
Editorial: The Supreme Court's Aggressive Term  —  John Roberts Jr., the chief justice of the United States, did not write the most important opinion of his court's just concluded term, the one that allowed unlimited corporate and union spending in election campaigns.
Paul / Power Line:
Obama tasks NASA with building Muslim self-esteem  —  In the video below, Charles Bolden, head of NASA, tells Al Jazeera that the “foremost” task President Obama has given him is “to find a way to reach out to the Muslim world and engage much more with predominantly Muslim nations to help …
Maggie Haberman / The Politico:
Dems fear end of N.Y. gravy train  —  A perfect storm of events - the recession, Wall Street anger at Washington, donors who feel ignored by the White House and interest group dissatisfaction - have Democrats bracing for a brutal fundraising period and fearful of losing dominance in longtime donor stronghold and mega-rich New York.
Discussion: Power Line and Hot Air
David Edwards / Raw Story:
Lieberman: Rules of engagement protecting civilians ‘hurt morale’  —  Sen. Joe Lieberman (I-CT) called on President Barack Obama and the top general in Afghanistan, Gen. David Petraeus, to “loosen” the rules of engagement put in place to lessen civilian casualties.  —  Fox News reported:
RELATED:
Deb Riechmann / Associated Press:
Petraeus takes over Afghan fight, vows ‘to win’ it
Discussion: NewsBusters.org
 
 
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 More Items: 
Fred Pearce / Guardian:
Climategate was ‘a game-changer’
Discussion: EU Referendum, Daily Kos and Ecocentric
Robert Kuttner / The Huffington Post:
My Private Obama  —  We in the progressive community have projected …
Molly K. Hooper / The Hill:
Democrats told to press Social Security fears over recess
R. Jeffrey Smith / Washington Post:
BP has steady sales at Defense Department despite U.S. scrutiny
msnbc.com:
Photographer held by police, BP employee near refinery
Stephanie Clifford / New York Times:
Retailers Devise Stimulus Plans to Revive Sales
Discussion: Pat Dollard and Guardian
Washington Post:
Female suicide bomber hits Iraqi governor's office
Discussion: Weasel Zippers and Cubachi
David A. Fahrenthold / Washington Post:
Determining oil spill's environmental damage is difficult
Discussion: Online NewsHour and The Page
 Earlier Items: 
BBC:
Strike warning over redundancies
Discussion: Telegraph and Biased BBC
Sally Neighbour / NEWS.com.au:
Islamist leader Burhan Hanif tells Aussie Muslims to ‘shun democracy’
Stephen C. Webster / Raw Story:
Beck plans ‘university’, hires Dr. Stoner and 'the right's favorite …
Discussion: Pharyngula
 

 
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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