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10:20 AM ET, July 23, 2011

memeorandum

 Top Items: 
John Podhoretz / Commentary Magazine:
The President Is Actually Trying to Talk the Markets Into a Panic.  —  An enraged Barack Obama just took to the nation's airwaves to announce his effort to strike a deal with Republican Speaker of the House John Boehner has fallen apart.  Perhaps for the first time in American history …
RELATED:
New York Times:
Obama Should Raise the Debt Ceiling on His Own  —  PRESIDENT OBAMA should announce that he will raise the debt ceiling unilaterally if he cannot reach a deal with Congress.  Constitutionally, he would be on solid ground.  Politically, he can't lose.  The public wants a deal.
Brian Beutler / TPMDC:
Pelosi Outlines Revenue-Free Path Forward On Debt Limit Fight  —  House Minority Leader Nancy Pelosi acknowledged Friday that Democrats may reluctantly accept a last-minute compromise to avoid a default that involves up to $2.5 trillion in spending cuts — without agreed-upon new tax revenues …
The Huffington Post:
Debt Ceiling Deadline Might Be August 10, Not August 2: Report … For months, markets have been girding themselves against the possibility that the U.S. will reach the limits of its borrowing ability on August 2 and default on its debts.  But researchers at Barclays Capital think the real deadline may not be until a week later.
David Rogers / The Politico:
Debt talks between Barack Obama and John Boehner break down  —  Debt talks between President Barack Obama and Speaker John Boehner broke down again Friday with Republicans accusing the White House of upping its demands for new revenues after a rival deficit reduction plan had emerged in the Senate.
Ezra Klein / Washington Post:
11 days until disaster, three options to prevent it  —  (Andrew Harrer - BLOOMBERG) It always feels different in the room.  In the room, everyone wants a deal.  They want their name on legislation, in history books.  They want to do the big things and make the hard choices.
Fox News:
Boehner Ends Debt-Limit Talks With White House, Turns to Senate Leaders  —  House Speaker John Boehner on Friday pulled out of negotiations with President Obama on raising the nation's legal limit to borrow money, just days before the Aug. 2 deadline when the Treasury says the government …
Rebecca Kaplan / The Atlantic Online:   Obama: Can They Say Yes to Anything?
Lori Montgomery / Washington Post:
Debt talks collapse between Obama, Boehner
Sam Youngman / The Hill:
Obama blasts GOP, Boehner on debt: ‘We have run out of time’
Discussion: The Gateway Pundit, CNN and Doug Ross
Ezra Klein / Washington Post:
How Congress put our credit rating at risk
David Jackson / USA Today:
Boehner calls off debt talks with Obama
Steve Benen / Washington Monthly:
The easiest, most effective way to resolve the crisis
Discussion: Eschaton
New York Times:
Death Toll Rises to 91 in Norway Attacks  —  OSLO — The Norwegian police on Saturday charged a 32-year-old man, whom they identified as a Christian fundamentalist with right-wing connections, over the bombing of a government center here and a shooting attack on a nearby island that together left at least 91 people dead.
RELATED:
Daily Mail:
Police dismiss initial fears Norwegian terror attacks were work of Islamist organisations  —  Police have said the Norwegian terror attacks do not appear to be linked to Islamist terrorism.  —  The 32-year-old Norwegian man arrested for gunning down children on the holiday island of Utoya …
CNN:
Who is the suspect in Norway's attacks?  —  (CNN) — As Norway struggles to come to terms with its greatest loss of life in decades, all eyes are on the man charged in the explosion in central Oslo and the deadly shooting rampage at a youth camp.  —  While police have not officially named him …
BBC:
‘Eighty dead’ in Norway shooting  —  Anders Frydenberg of Oslo police describes the rescue operation on Utoeya island  —  At least 80 people died when a gunman opened fire at an island youth camp in Norway, hours after a bomb attack on the capital, Oslo, police say.
Discussion: Pharyngula and Shot in the Dark
Guardian:
Norway attack: at least 80 die in Utøya shooting, seven in Oslo bombing
Oregonian:
Sources: Young woman accuses Oregon Rep. David Wu of aggressive, unwanted sexual encounter  —  By Charles Pope, Janie Har and Beth Slovic  —  A distraught young woman called U.S. Rep. David Wu's Portland office this spring, accusing him of an unwanted sexual encounter, according to multiple sources.
RELATED:
The Politico:
Wu at center of sex allegation  —  Rep. David Wu has been accused of an “unwanted sexual encounter” with the teenage daughter of a longtime friend, the latest scandal to engulf the troubled Oregon Democrat.  —  The Oregonian reported that the 56-year-old Wu “acknowledged a sexual encounter …
Discussion: Big Journalism
ThinkProgress:
FAA Will Close at Midnight, Furloughing Up to 4,000 Workers  —  The Federal Aviation Administration will shut down at midnight after GOP senators refused to let go of an anti-union provision amending the National Mediation Board's union voting rules.  Speaking of the matter, Sen. Dick Durbin …
RELATED:
Lisa Caruso / Bloomberg:
U.S. House Stops Voting for Week With No Action to Keep FAA Operating
Discussion: Truthdig
Zaid Jilani / ThinkProgress:
Bernie Sanders Says It Would Be A ‘Good Idea’ To Primary President Obama  —  Recently, President Obama has faced fire from many in his own base for endorsing unpopular proposals that would include regressive cuts to Social Security in order to win a hike in the debt ceiling.
 
 
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 More Items: 
FoxBusiness.com:
READ: EU Leaders' Full Statement on the Greek Bailout
Discussion: The Big Picture and ThinkProgress
BBC:
Somali Islamists maintain aid ban and deny famine
Discussion: Jihad Watch and Via Meadia
Steven Thrasher / Runnin' Scared:
Kitty Lambert Chats About Marrying Cheryle Rudd in First Legal New York Same-Sex Wedding
Discussion: Good As You and alicublog
Christopher C. Horner / Big Government:
Breathless: FDA Bans Asthma Medication
Paul Krugman:
Debt and Forgetfulness  —  I keep seeing comments along the lines of …
Discussion: Economist's View and Hullabaloo
Elizabeth A. Harris / New York Times:
The Heat Starts Early, Then Breaks a Record
 Earlier Items: 
Julian Pecquet / Healthwatch:
HHS rejects North Dakota health waiver, approves two others
Daniel Strauss / The Hill:
'Don't ask, don't tell' policy will end Sept. 20, Obama announces
Discussion: The Politico
Pew Research Center for the People and the Press:
GOP Makes Big Gains among White Voters
 

 
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

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

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

 
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