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9:40 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 …
RELATED:
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.
New York Times:
The Republican Wreckage  —  House Republicans have lost sight of the country's welfare.  It's hard to conclude anything else from their latest actions, including the House speaker's dismissal of President Obama's plea for compromise Monday night.  They have largely succeeded in their campaign …
Byron York / Washington Examiner:   Conservatives bridle at trillions in ‘phony’ cuts
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)
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: AMERICAblog News and The Politico
RELATED:
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.”
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 …
RELATED:
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
RELATED:
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
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
Michael O'Brien / The Hill:
Gingrich regrets 2008 climate ad with Pelosi  —  Former House Speaker Newt Gingrich (R-Ga.) said Tuesday that he regrets making a commercial with Speaker Nancy Pelosi (D-Calif.) on the need to address climate change.  —  Gingrich, who partnered with Pelosi while she was Speaker for the 2008 ad …
Discussion: Weasel Zippers
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:
 
 
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 More Items: 
David Brooks / New York Times:
Congress In the Lead
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 Mediagazer:

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

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

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

 
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