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9:25 AM ET, July 26, 2011

memeorandum

 Top Items: 
The Hill:
Conservatives denounce Boehner plan  —  The chairman of the conservative Republican Study Committee wasted little time announcing his opposition to the House GOP leadership's two-step plan to raise the debt ceiling.  —  Rep. Jim Jordan (R-Ohio), who stood — visibly uncomfortable …
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New York Times:
Parties Head to Showdown as Obama Warns of a ‘Crisis’  —  WASHINGTON — The Democratic-led Senate and Republican-led House on Monday barreled toward a showdown on competing plans to cut spending and raise the debt limit as a resolution to the intensifying crisis remained out of sight just one week before a possible federal default.
David Beard / NationalJournal.com:
Congressional Websites Crash After Obama Urges People to Reach Out on Debt Ceiling
Jennifer Bendery / The Huffington Post:
Tea Party Coalition Rejects Boehner's Debt Proposal (UPDATE)
Byron York / Washington Examiner:   Conservatives bridle at trillions in ‘phony’ cuts
Ylan Q. Mui / Washington Post:
More Americans unhappy with Obama on economy, jobs  —  More than a third of Americans now believe that President Obama's policies are hurting the economy, and confidence in his ability to create jobs is sharply eroding among his base, according to a new Washington Post-ABC News poll.
Discussion: The Politico
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Andrew Malcolm / Top of the Ticket:
New polls confirm Obama's Democratic base crumbles  —  With all of the spotlights on the high-stakes debt maneuverings by President Obama and Speaker John Boehner the last few days, few people noticed what Vermont's Sen. Bernie Sanders said:  —  “I think it would be a good idea if President Obama faced some primary opposition.”
Discussion: The Gateway Pundit and The Note
The White House:
Address by the President to the Nation  —  THE PRESIDENT: Good evening.  Tonight, I want to talk about the debate we've been having in Washington over the national debt — a debate that directly affects the lives of all Americans.  —  For the last decade, we've spent more money than we take in.
RELATED:
Washington Wire:
Obama's Address to the Nation on Debt Talks
Discussion: Firedoglake
Jim Hoft / The Gateway Pundit:
Krauthammer on Obama's Address: “I Thought I Was Cynical Until I Heard That Speech” (Video)  —  Charles Krauthammer unloaded on Obama tonight after his stale poll-driven speech to the nation.  Obama still has no plan.  —  “I thought I was cynical until I heard that speech.  It was purely partisan.
PewResearch.org:
Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics  —  Twenty-to-One  —  By Rakesh Kochhar, Richard Fry and Paul Taylor, Pew Research Center's Social & Demographic Trends  —  The median wealth of white households is 20 times that of black households and 18 times …
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Sabrina Tavernise / New York Times:
Recession Study Finds Hispanics Hit the Hardest
Katherine Burton / Bloomberg:
Soros to End Hedge-Fund Career, Return Money  —  George Soros, the billionaire best known for breaking the Bank of England, is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades.
Discussion: DealBook and The Big Picture
William Kristol / Weekly Standard:
Baby Talk  —  I was struck by these sentences in President Obama's speech: … Consider the condescension implicit in the president's statement—"a term that most people outside of Washington have probably never heard of before."  These “people outside of Washington” are not little children …
Discussion: theblogprof and Don Surber
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Telegraph:
Norway killer Anders Behring Breivik had extensive links to English Defence League  —  Anders Behring Breivik had extensive links to the far-Right English Defence League, senior members of the group have admitted.  —  Anders Behring Breivik leaves court on Monday
Emmalee Abel / Courthouse News Service:
Black Student Can't Be Valedictorian  —  PINE BLUFF, Ark. (AR) - A high school southeast of Little Rock would not let a black student be valedictorian though she had the highest grade-point average, and wouldn't let her mom speak to the school board about it until graduation had passed, the graduate claims in Federal Court.
Ian Millhiser / ThinkProgress:
Mike Lee: I Want America's ‘House To Come Down’ Unless Congress Votes To Rewrite Constitution  —  In an interview on MSNBC's Hardball this evening, tenther Sen. Mike Lee (R-UT) admitted that he is using the threat of a catastrophic default to extort the nation into rewriting the Constitution …
Discussion: Crooks and Liars
Catherine Rampell / New York Times:
The Help-Wanted Sign Comes With a Frustrating Asterisk  —  The unemployed need not apply.  —  That is the message being broadcast by many of the nation's employers, making it even more difficult for 14 million jobless Americans to get back to work.  —  A recent review of job vacancy postings …
Discussion: Economix
Seth Mnookin / New York Magazine:
The Kingdom and the Paywall  —  Some people thought that on Arthur Sulzberger Jr.'s watch, the New York Times could actually become extinct.  They might need to issue a correction.  —  Two weeks ago, I went to the New York Times' gleaming, modernist, Renzo Piano-­designed headquarters …
Telegraph:
Norway shooting: Glenn Beck compares dead teenagers to Hitler youth  —  Glenn Beck, the leading Right-wing American broadcaster, has prompted outrage after comparing the teenage victims of the Utoya Island massacre to the Hitler Youth.  —  Beck said that the Labour party youth camp on the island …
RELATED:
Erick Erickson / RedState:
The Absolution I Cannot Give  —  In the past 48 hours I have had call after call after call from members of the United States Congress.  They've read what I've written.  They agree.  But they feel the hour is short and the end is nigh.  —  So some are calling looking for alternatives.
Reid J. Epstein / The Politico:
Steve King on default: Obama could be impeached  —  Rep. Steve King (R-Iowa) said Monday that President Barack Obama “would be impeached” if the nation falls into default.  —  “STOP talking about default,” he wrote on Twitter.  “The 1st dime of each $1 of revenue services debt.
RELATED:
 
 
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 More Items: 
Wall Street Journal:
Downgrade Threat Looms
Craig Kanalley / The Huffington Post:
Congress Websites Down: House, Senate Sites Not Working (UPDATE)
Discussion: The Politico
 Earlier Items: 
Matt Lewis / The Daily Caller:
Why Nick Ayers is the most hated campaign operative in America
Discussion: RedState
Ben Smith / Ben Smith's Blog:
A ‘stalemate’ in Libya  —  The Chairman of the Joint Chiefs …
Reza Khalili / Pajamas Media:
(BREAKING) Iran: ‘We Have No Option but to Destroy Israel’
Discussion: Babalú Blog and Weasel Zippers
Elise Jordan / National Review:
Obama's Young Ex-Fans
Adam Serwer:
Captain America's Fictitious, Integrated 1940s America
 

 
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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