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2:55 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.
RELATED:
Steve Benen / Washington Monthly:
PASS THE DAMN UNEMPLOYMENT BENEFITS.... Senate Democrats have spent quite a bit of time lately trying to pass extended unemployment benefits, but to no avail — Senate Republicans and Ben Nelson (D-Neb.) refuse to let the chamber vote because, as they see it, the deficit is more important than the economy.
Discussion: Newshoggers.com
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,” …
Discussion: Daily Kos
RELATED:
WHDH-TV:
Sen. Brown attends parades, hints at upcoming votes
Discussion: TPMDC
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 …
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
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
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.
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 …
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.
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?
Jordy Yager / The Hill:
Arizona Dems contest Obama's assertions on border security  —  Anticipating a furor of voter criticism over the July Fourth recess, Democratic lawmakers from the border region shot back at the White House last week, challenging the president's speech on immigration in which he said that the southern border is secure.
Arthur Max / Associated Press:
Dutch agency admits error in UN climate report  —  THE HAGUE, Netherlands — A leading Dutch environment agency reported Monday that the seminal 2007 U.N. scientific report on climate change is too generalized and has even more errors than discovered so far — including one contributed by the agency itself.
Discussion: JammieWearingFool
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 …
CNN:
Ketner ends South Carolina Senate drive  —  Washington (CNN) - South Carolina is home to one less Senate hopeful, after Democrat Linda Ketner announced Monday that she will not accept a petition nomination to appear on the ballot.  —  Ketner told supporters of her decision in an email …
Discussion: The Politico
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
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.
Deb Riechmann / Associated Press:
Petraeus takes over Afghan fight, vows ‘to win’ it  —  KABUL, Afghanistan (AP) — “We are in this to win,” Gen. David Petraeus said as he took the reins of an Afghan war effort troubled by waning support, an emboldened enemy, government corruption and a looming commitment to withdraw troops - even with no sign of violence easing.
Discussion: NewsBusters.org
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 More Items: 
Russell Berman / The Hill:
Biden: Iraqis are ‘absolutely ready’ to take over full security
Discussion: CNN
Fred Pearce / Guardian:
Climategate was ‘a game-changer’
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: Guardian and Pat Dollard
 Earlier Items: 
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
BBC:
Strike warning over redundancies
Discussion: Telegraph and Biased BBC
 

 
From Mediagazer:

Sarah Whitten / CNBC:
Netflix reports Q1 revenue up 15% YoY to $9.37B, vs. $9.28B est., paid users up 16% YoY to 269.6M, vs. 264.2M est., and net income $2.3B, up from $1.3B YoY

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

Sara Fischer / Axios:
Essence magazine's parent, Sundial Media Group, agrees to buy Refinery29 from Vice Media and names former Vice COO Cory Haik as CEO of Refinery29

 
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