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11:30 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 …
BBC:
Rebekah Brooks arrested by hacking police  —  Rebekah Brooks resigned as chief executive of News International on Friday  —  Ex-News International chief executive Rebekah Brooks has been arrested by police investigating phone hacking and bribery at the News of the World.
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.
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.
Jason Clayworth / Iowa Caucuses:
Texas' Rick Perry starting to feel ‘called’ to run for president  —  The Texan with the slight Southern drawl who has called dozens of top Iowa Republican activists in the past few weeks sounds more and more like he's about to run for president.  —  “I'm not ready to tell you that I'm ready …
Discussion: The Note
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
Gschwarzcnn / CNN:
Giuliani makes his presidential case  —  (CNN) - Rudy Giuliani said he's uniquely qualified to be president given the economic turnaround in New York City over which he presided as mayor.  —  Giuliani said the Big Apple experienced a drop in the number of residents on welfare …
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 …
 
 
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 More Items: 
Barak Ravid / Haaretz:
Palestinians may give up on bid for full UN membership to avoid U.S. veto, sources say
Discussion: Weasel Zippers and Israel Matzav
Nicholas Confessore / New York Times:
New Stable of Wealthy Donors Fueled Obama Campaign's Record Fund-Raising Quarter
CNN:
Obama-Dalai Lama meeting angers China
The White House:
WEEKLY ADDRESS: A Unique Opportunity to Secure our Fiscal Future
Discussion: Weasel Zippers
 Earlier Items: 
David Segal / New York Times:
Law School Economics: Ka-Ching!
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?
 

 
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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

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

Joanna Nelius / The Verge:
Qualcomm details its Snapdragon X Plus and X Elite chips; benchmarks from a demo suggest the chips match Apple's M3, Intel's Core Ultra 9, and AMD's Ryzen 9

 
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