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12:25 PM ET, July 15, 2011

memeorandum

 Top Items: 
Charles Krauthammer / Washington Post:
Call Obama's bluff  —  President Obama is demanding a big long-term budget deal.  He won't sign anything less, he warns, asking, “If not now, when?”  —  How about last December, when he ignored his own debt commission's recommendations?  How about February, when he presented a budget …
RELATED:
Wall Street Journal:
Plan B Emerges on Debt  —  Sens. Reid, McConnell Quietly Discuss Way to Keep Government From Default  —  A backup plan to cut the federal deficit and keep the U.S. government from default gained momentum Thursday even as President Barack Obama and congressional leaders paused their negotiations to determine if they can reach a deal.
The Hill:
GOP leaders embrace ‘Cut, Cap and Balance’ plan as debt solution  —  House Republican leaders have thrown their support behind the “Cut, Cap and Balance” plan that conservatives are demanding in return for an increase in the federal debt ceiling.  —  According to lawmakers who attended an 8 …
Jennifer Bendery / The Huffington Post:
GOP Senator: Maybe We Shouldn't Have Tied Debt Vote To Deficit Deal (VIDEO) … WASHINGTON — Some Republicans are starting to have buyer's remorse over their party's insistence that a vote to raise the debt limit be tied to a long-term deficit reduction package.
Steve Benen / Washington Monthly:   GOP rejects trading one tax cut for another
Alex Altman / Swampland:
With Debt Talks Stalled, Democrats Try to Divide and Conquer the GOP
Molly K. Hooper / The Hill:
House GOP plans meeting to discuss faltering negotiations over debt deal
Discussion: The Politico
Conor Friedersdorf / The Atlantic Online:
Sarah Palin Movie Debuts to Empty Theater in Orange County  —  “Why aren't you seeing Harry Potter?” an usher said to the reporter sitting alone in the audience  —  When the clock struck 12:01 am today, AMC theaters in select cities were permitted to start showing “The Undefeated,” a feature length documentary about Sarah Palin.
John Bingham / Telegraph:
Phone Hacking: Rupert Murdoch's daughter in ‘furious’ attack on Rebekah Brooks  —  Rupert Murdoch's daughter Elisabeth has made a “furious” attack on Rebekah Brooks's handling of the phone hacking scandal at News International, The Daily Telegraph has learnt.  —  Elisabeth Murdoch, daughter of Rupert
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BBC:
Phone hacking: News International chief Brooks quits  —  Media analyst Steve Hewlett: ‘News International appears to be on the run’  —  Rebekah Brooks, chief executive of News International, has resigned, the company has confirmed.  —  Her departure follows days of increasing pressure to step down as the phone hacking crisis grew.
Bruce Orwall / Wall Street Journal:
In Interview, Murdoch Defends News Corp.
Tony Kennedy / Minneapolis Star Tribune:
Marcus Bachmann says his clinics not anti-gay  —  Therapists will oblige if patients ask for counseling to become heterosexual, but they don't force treatment, he said.  —  The husband of Republican presidential contender Michele Bachmann has come forward to defend his family-owned Christian …
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June Thomas / Slate:
Dan Savage, Bully
Wall Street Journal:
The Obama Downgrade  —  The real reason the U.S. could lose its AAA rating.  —  So the credit-rating agencies that helped to create the financial crisis that led to a deep recession are now warning that the U.S. could lose the AAA rating it has had since 1917.
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Washington Post:
Debt limit: U.S. outreach to banks, investors over possible default comes up empty
Discussion: Prairie Weather and Politics
Robert Reich / Wall Street Journal:
Can Obama Pull a ‘Clinton’ on the GOP?  —  He's following the budget-showdown script Bill Clinton used to win re-election.  But the economy added 434,000 new jobs in February 1996.  —  After a bruising midterm election, the president moves to the political center.  He distances himself from his Democratic base.
Discussion: Pajamas Media and Via Meadia
Walter Shapiro / The New Republic:
The Tragedy of Tim Pawlenty  —  He did everything right.  And that was the problem.  —  At almost precisely the minute that Michele Bachmann was declaring her presidential candidacy in Iowa at the end of June, I was interviewing Tim Pawlenty in a borrowed conference room in a midtown Manhattan financial firm.
Discussion: Swampland
RELATED:
Patrick O'Connor / Washington Wire:
Pawlenty Ends Quarter With $1.4 Million
Greg Sargent / Washington Post:
McConnell proposal would force major review of entitlements  —  Larry Kudlow, who's plugged in with Congressional Republicans, scoops a key new detail about the emerging Mitch McConnell proposal to transfer control of the debt ceiling to the president:
RELATED:
Larry Kudlow / National Review:
McConnell's Uber-Clever Debt-Deal Stratagem
Discussion: The New Republic and Taylor Marsh
Associated Press:
U.S. Formally Recognizes Libya Rebels  —  ISTANBUL (AP) — U.S. Secretary of State Hillary Rodham Clinton says the Obama administration has decided to formally recognize Libya's main opposition group as the country's legitimate government.  The move gives foes of Libyan leader Moammar Gadhafi a major financial and credibility boost.
RELATED:
William Wan / Washington Post:
U.S. to recognize Libyan rebels as legitimate government
Paul Krugman:
It Was Debt What Did It  —  Never mind William Galston's strange belief that debt-deleveraging is a new theory, unknown to Keynesian economics; Mian and Sufi are in fact doing terrific work.  They have been testing the effects of household leverage by looking at cross-sectional evidence, in particular county-level US data.
Discussion: Grasping Reality … and Rortybomb
David Brooks / New York Times:
Death and Budgets  —  I hope you had the chance to read and reread Dudley Clendinen's splendid essay, “The Good Short Life,” in The Times's Sunday Review section.  Clendinen is dying of amyotrophic lateral sclerosis, or A.L.S. If he uses all the available medical technology, it will leave him …
Discussion: JustOneMinute and National Review
Chris Geidner / Poliglot:
DOJ Tells Court It “Continues to Defend” DADT, Seeks Reinstatement of Law “By the Close of Business Tomorrow”  —  The Department of Justice filed a motion in the U.S. Court of Appeals for the Ninth Ciruit in the Log Cabin Republicans v. United States case today, asking the court for “emergency” …
RELATED:
Phil Reese / Washington Blade:
BREAKING: DOJ seeks emergency stop to DADT injunction as Pentagon finalizes repeal
Cameron Joseph / Ballot Box:
Bachmann raises $2 million in two weeks to start campaign  —  Rep. Michele Bachmann (R-Minn.) raised more than $2 million in the two and a half weeks since she announced her candidacy and has $4 million cash on hand after a $2 million transfer from her House account, according to CBS News.
RELATED:
Pete Kasperowicz / The Hill:
GOP light bulb amendment likely to pass Friday after earlier defeat  —  The House appears likely on Friday to accept an amendment to the 2012 Energy and Water Appropriations Act that would deny funding for the implementation of funds to implement a 2007 law that Republicans say will ban incandescent light bulbs.
Patricia Cohen / New York Times:
Internet Use Affects Memory, Study Finds  —  The widespread use of search engines and online databases has affected the way people remember information, researchers are reporting.  —  The scientists, led by Betsy Sparrow, an assistant professor of psychology at Columbia …
Discussion: Hit & Run and Gawker
 
 
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 More Items: 
The Daily Beast:
GOP's Debt Kamikazes
Josh Rogers / NHPR.org:
Giuliani Flirts With Another Try For Oval Office
Discussion: GOP 12
Reginald Fields / Plain Dealer:
Gov. John Kasich spends $2 million off-the-cuff; unexpected cash is for the state's children's hospitals to collaborate
The Politico:
GOP threatens to bolt on McConnell's plan
Discussion: Firedoglake
Peter H. Lindert / voxeu.org:
America's Revolution: Economic disaster, development, and equality
Discussion: Marginal Revolution
Martin Peretz / The New Republic:
Sinking Fast  —  Obama's multiplying Middle East failures.
Amy Kellogg / Fox News:
Iranian Pastor Sentenced to Death Could Be Executed if He Doesn't Recant, Says Verdict
Discussion: Jihad Watch and Weasel Zippers
 Earlier Items: 
Elad Benari / Arutz Sheva:
Planned Monument for Mecca Goers Leaves Eilat Residents Shocked
WRTV-TV:
Indiana $1.2 Billion In Black, Auditor Says
Discussion: Weasel Zippers
Mark Joyella / Mediaite:
Eric Bolling: 'I'll Never Forget 9/11, But Thank You, Liberals, For Reminding Me How Petty You Can Be'
Discussion: Wonkette and ThinkProgress
Amy Gardner / Washington Post:
Palin political committee spent tens of thousands on bus trip
Discussion: Wonkette, CBS News and Balloon Juice
Megan McArdle / The Atlantic Online:
Go Ahead, GOP, Make Obama's Day
Siobhan Gorman / Wall Street Journal:
Bin Laden Plotted to Attack U.S. on 9/11 Anniversary