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8:05 AM ET, July 18, 2011

memeorandum

 Top Items: 
David Rogers / The Politico:
GOP turns hard right on debt  —  Turning right with a vengeance, Republicans will bring to the House floor Tuesday a newly revised debt-ceiling bill that is remarkable for its total absence of compromise at this late date, two weeks before the threat of default.
Discussion: Swampland and The Hill
RELATED:
Erik Wasson / The Hill:
Budget experts raise concerns over McConnell debt-limit fallback plan  —  Liberal and centrist budget experts are joining conservatives in raising red flags about the debt-ceiling plan that is being hashed out by Senate leaders as a last-ditch option for avoiding a national default.
Zachary A. Goldfarb / Washington Post:
Congress tees up crucial votes on debt limit  —  A bipartisan effort in the Senate to allow President Obama to raise the federal debt ceiling in exchange for about $1.5 trillion in spending cuts over 10 years gained momentum Sunday, as leaders agreed they would have to act in the next two weeks …
Wall Street Journal:
Few Signs of Progress in Debt Talks  —  WASHINGTON—The White House and Republican leaders appeared to have made little progress over the weekend in fashioning a deal to raise the nation's borrowing limit, with just 16 days left before the U.S. might begin defaulting on its obligations if Congress doesn't act.
Vicki Needham / The Hill:
White House budget director sees progress in debt-ceiling talks
Telegraph:
Jude Law claims he was victim of News of the World phone hacking in US  —  The News of the World allegedly hacked into the mobile phones of Jude Law and his personal assistant while they were in New York, opening the way for News International to be prosecuted in the United States.
Discussion: Firedoglake
RELATED:
BBC:
Met Police Commissioner Sir Paul Stephenson quits  —  Sir Paul Stephenson announced his resignation in a short, filmed statement  —  Metropolitan Police Commissioner Sir Paul Stephenson has resigned following the phone hacking scandal.  —  Britain's most senior police officer has faced criticism …
New York Times:
An Arrest and Scotland Yard Resignation Roil Britain
content.met.police.uk:
Statement from the Commissioner
Channel 4:
Preliminary inquiry into News International by Fraud Office
Discussion: ThinkProgress and Mercury Rising
Wall Street Journal:
News and Its Critics  —  A tabloid's excesses don't tarnish thousands of other journalists.  —  When News Corp. and CEO Rupert Murdoch secured enough shares to buy Dow Jones & Co. four years ago, these columns welcomed our new owner and promised to stand by the same standards and principles we always had.
RELATED:
David Carr / New York Times:
Troubles That Money Can't Dispel  —  “Bury your mistakes,” Rupert Murdoch is fond of saying.  But some mistakes don't stay buried, no matter how much money you throw at them.  —  Time and again in the United States and elsewhere, Mr. Murdoch's News Corporation has used blunt force spending …
Dianeclohesy / Victory Film Group:
ARC Entertainment Announces Strong Opening for “The Undefeated,” with multiple sold-out runs and vocal audience support  —  Approximately $5,000 per screen through Saturday night  —  “What would have taken months and cost millions, ARC did in weeks with virtually no traditional media advertising”
David Dayen / Firedoglake:
Obama's Last Lecture  —  One of the more constant critiques of this Presidency is that Barack Obama has failed to teach a generation of willing listeners a story about his beliefs and his values, something that will outlast his term in office and provide a blueprint for the future.  This isn't true.
Discussion: Hullabaloo and ThinkProgress
Paul Krugman / New York Times:
Letting Bankers Walk  —  Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on the bankers.  —  This principle was on display during the final months of the Bush administration …
Discussion: Prairie Weather
Telegraph:
Barack Obama accused of crimes against humanity for Osama bin Laden killing  —  A Spanish lawyer has formally accused Barack Obama of crimes against humanity for ordering the assassination of Osama bin Laden.  —  US President Barack Obama  —  Daniel Fiol lodged a written complaint …
Discussion: Weasel Zippers and Jihad Watch
Tanya Somanader / ThinkProgress:
Herman Cain: Americans Have The Right To Ban Mosques  —  To rise above the myriad of GOP presidential candidates, pizza mogul Herman Cain is standing firmly on his anti-Muslim platform.  Taking advantage of the Islamophobic atmosphere, Cain consistently vilifies American Muslims and Islam …
Discussion: Sky Dancing and The Daily Caller
RELATED:
The Columbus Dispatch:
Cordray is Obama's choice to lead Consumer Financial Protection Bureau  —  President Barack Obama will nominate former Ohio Attorney General Richard Cordray to head a powerful new consumer protection agency, White House officials said.  —  At a White House event Monday …
RELATED:
Binyamin Appelbaum / New York Times:
Former Ohio Attorney General to Head New Consumer Agency
 
 
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 More Items: 
Fred Mann / Wichita Eagle:
Kansas groups push stricter abortion limits
Mark Tapscott / Washington Examiner:
Obama generated twice as many campaign contributors as new jobs through second quarter of 2011
Discussion: Weasel Zippers
Amira Hass / Haaretz:
Gaza-bound ship carrying pro-Palestinian activists sets sail from Greece
Discussion: Firedoglake and FrumForum
Associated Press:
Woman accused of groping TSA agent at Phoenix airport
 Earlier Items: 
Nicholas D. Kristof / New York Times:
Our Broken Escalator  —  THE United States supports schools …
Gschwarzcnn / CNN:
TRENDING: Giuliani to GOP: Stay out of gay marriage
Jennifer Rubin / Washington Post:
David Brooks: The scary and sloppy case for rationing
Paul Krugman:
Italy Versus Japan
Discussion: TheMoneyIllusion
 

 
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Jason Schreier / Bloomberg:
Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division

Wall Street Journal:
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Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor

 
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