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10:55 AM ET, July 17, 2011

memeorandum

 Top Items: 
Vikram Dodd / Guardian:
Rebekah Brooks arrested over phone-hacking allegations  —  Met police say 43-year-old woman, believed to be Rebekah Brooks, was arrested by appointment at a London police station  —  Rebekah Brooks has been arrested by police investigating allegations of phone hacking by the News of the World …
RELATED:
New York Times:
British Police Arrest Rebekah Brooks in Phone Hacking  —  LONDON — The British police on Sunday arrested Rebekah Brooks, the former head of Rupert Murdoch's media operations in Britain, according to a former associate at News International, the newspaper group at the heart …
Reid Wilson / NationalJournal.com:
Congressional GOP Leaders Slowly Convincing Newer Members of Importance of Raising Debt Ceiling  —  Boehner: He would have to bring newer members of his caucus along for a deal to be struck.  —  Sometimes your closest allies can become your biggest headaches.
RELATED:
Alec MacGillis / Washington Post:
Top lawmakers target ‘grand bargain’ for debt plan  —  Even as President Obama and congressional leaders focus on a fallback plan to lift the nation's debt ceiling, top Democrats and Republicans have begun to map a new way to craft the same sort of ambitious deficit-cutting plan they abandoned last week.
Robert Pear / New York Times:
G.O.P. Freshmen Say Debt Concerns Them More Than Re-election  —  WASHINGTON — For years, legislation to raise the federal debt limit offered plenty of political theater on Capitol Hill, with the party out of power using it to rail against the party in power.
Discussion: CNN
Alexander Bolton / The Hill:
GOP leaders ignore Obama's deadline
David Ignatius / Washington Post:
Obama's communications gap
Discussion: Don Surber and Bloomberg
David Leonhardt / New York Times:
We're Spent  —  THERE is no shortage of explanations for the economy's maddening inability to leave behind the Great Recession and start adding large numbers of jobs: The deficit is too big.  The stimulus was flawed.  China is overtaking us.  Businesses are overregulated.  Wall Street is underregulated.
Abby Phillip / The Politico:
Graham: 'We're becoming Greece'  —  Sen. Lindsey Graham (R-S.C.) says a balanced budget is the only way to deal with the country's long term fiscal situation, even as the White House continues to reject the proposal as “draconian.”  —  Appearing on CNN's “State of the Union” Sunday …
Discussion: Washington Monthly
Directorblue / Doug Ross:
S&P Raises State of Ohio's Credit Rating; Cites GOP Governor Kasich's Whining About His Predecessor and His Budget, But Mostly His Budget  —  By electing a fiscal conservative, Ohio is moving in the right direction when it comes to economic vibrancy. … Unlike President Obama …
Jane Fonda:
QVC Cancelled My Appearance!!  —  I was to have been on QVC today to introduce my book, “Prime Time,” about aging and the life cycle.  The network said they got a lot of calls yesterday criticizing me for my opposition to the Vietnam War and threatening to boycott the show if I was allowed to appear.
myfoxny.com:
Woman Gropes TSA Agent's Breast at Security Checkpoint  —  PHOENIX - We hear a lot of complaints about security screeners groping airline passengers.  —  But now, a Colorado woman is accused of putting her hands on a TSA agent at Sky Harbor International Airport in Phoenix.
Discussion: Don Surber, Mediaite and Scared Monkeys
Nicholas Confessore / New York Times:
New Stable of Wealthy Donors Fueled Obama Campaign's Record Fund-Raising Quarter  —  President Obama recruited roughly 150 new elite donors, raising as much as a half a million dollars each, to help propel him to a large and early lead over his Republican opponents in the race for campaign cash …
Barak Ravid / Haaretz:
Palestinians may give up on bid for full UN membership to avoid U.S. veto, sources say  —  Palestinian sources and European diplomats say Palestinians will seek recognition by the General Assembly instead of Security Council.  —  Wishing to avoid an American veto at the Security Council …
Discussion: Weasel Zippers and Israel Matzav
 
 
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 More Items: 
CNN:
Obama-Dalai Lama meeting angers China
The White House:
WEEKLY ADDRESS: A Unique Opportunity to Secure our Fiscal Future
Discussion: Weasel Zippers
David Segal / New York Times:
Law School Economics: Ka-Ching!
Tim Cavanaugh / Hit & Run:
Carmageddon Shaping Up as Big Nothing
Discussion: Hot Air, Power Line and L.A. NOW
 Earlier Items: 
Mark Steyn / Orange County Register:
No bargaining with Barack Obluffer
Tom Ricks / Foreign Policy:
Was John F. Kennedy the flat-out absolute worst U.S. president of the 20th century?
Larry Flynt / Washington Post:
Rupert Murdoch went too far
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

 
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