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7:50 PM ET, July 24, 2011

memeorandum

 Top Items: 
The Note:
Debt Crisis Update: No Deal Likely by 4 p.m.  —  ABC News' Jonathan Karl reports:  —  Asian markets?  They are on their own.  A Republican source tells ABC News negotiators do not expect to have a deal or even the framework of a deal on the debt ceiling by 4 p.m. today …
RELATED:
Elizabeth Drew / New York Review of Books:
What Were They Thinking?  —  Someday people will look back and wonder, What were they thinking?  Why, in the midst of a stalled recovery, with the economy fragile and job creation slowing to a trickle, did the nation's leaders decide that the thing to do—in order to raise the debt limit …
Paul Krugman:
President Pushover  —  Updated: Drew article now available.  —  The redoubtable Elizabeth Drew has a forthcoming article in the New York Review of Books — that confirms all our worst fears.  She tells us that past concessions have … Even more alarming, however, is her window on what the White House is thinking:
The Hill:
Boehner expects to have proposal Monday; Reid, Pelosi meet Obama  —  On a Sunday afternoon conference call with House Republican lawmakers, Speaker John Boehner (R-Ohio) called on the GOP to “stick together” in the debt-ceiling negotiations and presented a a timeline that could see a vote on a proposal by Wednesday.
Discussion: nation.foxnews.com
Manu Raju / The Politico:
Congress ditches Obama on debt talks  —  First came the Biden talks.  When those blew up, the Obama-Boehner talks took center stage.  And when that failed, the McConnell-Reid talks looked promising.  And after they faltered, the Obama-Boehner talks tried to find a new life.
Alicia M. Cohn / The Hill:
Speaker Boehner: President Obama ‘worried about his next election’  —  With his self-imposed deadline for releasing a deficit plan before overseas markets open just a few hours away, House Speaker John Boehner (R-Ohio) said both sides were “not there yet” and pushed for a two-stage debt-limit vote.
Steve Benen / Washington Monthly:
If Boehner prioritizes blame over success  —  The House went through the motions earlier this week, passing a radical “Cut, Cap, and Balance” debt-reduction plan that Republicans knew would fail.  They did this as a sort of vanity exercise, intended to make GOP lawmakers and their activist base feel better about themselves.
The Politico:
No debt deal in sight, parties go separate ways  —  With no agreement reached by Sunday afternoon, House and Senate leaders appear to be moving in different directions with competing plans to raise the nation's debt ceiling, dramatically highlighting the major discord on Capitol Hill …
Discussion: Outside the Beltway
New York Times:
Deadline Passes as Debt Ceiling Talks Languish
Discussion: TalkLeft
Alexander Bolton / The Hill:
Bill would force Obama to pay Social Security, military if US defaults
Discussion: New York Magazine and RedState
Lori Montgomery / Washington Post:
Debt-limit talks at standstill as House, Senate formulate parallel strategies
Molly K. Hooper / The Hill:
House GOP leaders schedule Sunday conference call
Discussion: Firedoglake and Washington Monthly
Alicia M. Cohn / The Hill:   Durbin to Boehner: ‘You break it, you own it’
Ezra Klein / Washington Post:
A small deal won't cut it
The Note:
Obama and Boehner Back at the Altar?
Discussion: Politics, Mediaite and Crooks and Liars
Lori Montgomery / Washington Post:
Boehner hints at a unilateral debt plan; Geithner shoots down short-term options
Newsweek:
The Maid's Tale  —  She was paid to clean up after the rich and powerful.  Then she walked into Dominique Strauss-Kahn's room—and a global scandal.  Now she tells her story.  —  “Hello?  Housekeeping.”  —  The maid hovered in the suite's large living room, just inside the entrance.
RELATED:
ABCNEWS:
Dominique Strauss-Kahn Accuser Speaks Out in Exclusive ABC News Interview  —  In an exclusive television interview, ABC News' Robin Roberts speaks with the hotel employee who alleges she was sexually assaulted by former International Monetary Fund Chief Dominique Strauss-Kahn.
Discussion: Runnin' Scared and The Wire
Alexander Burns / The Politico:
Michele Bachmann launches scathing attack on Tim Pawlenty  —  In a statement just released from her presidential campaign, Michele Bachmann delivers a harsh counterattack on her former home-state governor, hitting back at his charge that she lacks the experience to be president and blaming Tim Pawlenty for a …
RELATED:
Tommy Christopher / Mediaite:
Debate Clucker Tim Pawlenty Asks Candy Crowley ‘Is President Obama Chicken?’  —  In a statement so rich, Republicans are refusing to tax it, GOP presidential can'tidate Tim Pawlenty (R-The Drain) rhetorically asked CNN's Candy Crowley of President Obama, “Is he chicken?”
New York Times:
Police Say Oslo Suspect Admits ‘Facts’ in Massacre  —  OSLO — The Norwegian man charged with attacks in and near Oslo, killing over 90 people, has admitted “to the facts” of the case, the police and his lawyer said on Sunday, and claims to have acted alone in a strike eerily foretold …
RELATED:
Reuters:
Norway mourns victims of anti-Islam “Crusader”
Thomas L. Friedman / New York Times:
Make Way for the Radical Center  —  DID I mention that I've signed a pledge — just like those Republican congressmen who have signed written promises to different political enforcers not to raise taxes or permit same-sex marriage?  My pledge is to never vote for anyone stupid enough to sign a pledge …
Paul Krugman:
Means-testing Medicare  —  I've been thinking about this issue more since Friday's discussion with David Brooks, and have come to the conclusion that this is an even worse idea, on pure policy grounds, than even most liberals realize.  —  The usual argument against means-testing …
David Ariosto / CNN:
Militants hang 8-year-old boy in southern Afghanistan  —  Kabul, Afghanistan (CNN) — An 8 year-old boy was hanged by militants in Afghanistan's Helmand province after the boy's father — a police officer in the southern city of Gereshk — refused to comply with militants' demands to provide them with a police vehicle, officials said.
RELATED:
 
 
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 More Items: 
CBS News:
“Face the Nation” transcript: July 24, 2011
Discussion: Crooks and Liars
Mike / Rortybomb:
The Activist Ratings Agencies and Their Poor Public Sector Predictions
Matt Schneider / Mediaite:
Chris Matthews Show Panelist: Obama In 2008 Was ‘Hope,’ In 2012 He'll Use ‘Politics Of Fear’
Jazz Shaw / Hot Air:
Bernie Sanders: Let's primary Obama
Ben White / The Politico:
Once-patient markets now nervous about debt talks
Discussion: Outside the Beltway
 Earlier Items: 
Tara Lynn Wagner / NY1.com:
Marriage Equality Comes To The City
Alan Colmes' Liberaland:
The Ultimate Republican Threat
Discussion: The Other McCain
Anne Bayefsky / Weekly Standard:
The Czechs Pull Out of Durban III (Updated)
Discussion: Israel Matzav and Pajamas Media
 

 
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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