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9:10 AM ET, August 2, 2011

memeorandum

 Top Items: 
The Politico:
Biden: Tea partiers like ‘terrorists’  —  Vice President Joe Biden joined House Democrats in lashing tea party Republicans Monday, accusing them of having “acted like terrorists” in the fight over raising the nation's debt limit.  —  Biden was agreeing with a line of argument made by Rep. Mike Doyle …
RELATED:
The Politico:
Joe Biden, Mitch McConnell and the making of a debt deal  —  He had given away his demand for a clean increase in the debt limit.  He had given up on tax hikes on the rich and closing corporate loopholes.  He had even given away billions in cuts to domestic programs close to his heart.
Discussion: Taylor Marsh
Mike Lillis / The Hill:
Dems furious, see deal as GOP win
Discussion: voteview blog
The Caucus:
Giffords's Return Marks Moment of Unity in Divided House  —  The clock was running down, and the debt ceiling compromise did not yet have enough ayes to pass.  Then, slowly, applause started trickling through the House chamber.  The clapping grew over the next half minute, until finally …
Discussion: Jezebel and Towleroad News #gay
RELATED:
Carl Hulse / New York Times:
Long Battle on Debt Ending as Senate Set for Final Vote  —  Members of Congress left after casting their votes Monday on the budget agreement.  The bill passed 269 to 161, signifying relatively strong support of the plan.  More Photos »  —  WASHINGTON — After months of partisan impasse …
Wall Street Journal:
Uneasy House OK's Debt Deal
Discussion: MarketBeat and Calculated Risk
Michael A. Memoli / Los Angeles Times:
Biden denies likening Republicans to terrorists in debt talks
Russell Berman / The Hill:
House approves debt-ceiling bill as Giffords makes dramatic return
Spengler / Asia Times:
The collapse of America's middle class  —  People seem to act irrationally when they have nothing to lose.  Often we observe in wars that the losing side expends more blood and treasure after its position becomes hopeless.  —  The American South sustained most of its casualties in the Civil War …
RELATED:
Moghtader / Global Public Square:
Zakaria: Tea Party held America hostage
Spiegel Online:   ‘We Have Compromised Our Way Into Disaster’
Toby Young / blogs.telegraph.co.uk:
The real story of the US debt deal is not the triumph of the Tea Party but the death of the Socialist Left  —  For British conservatives, the US debt deal is a thing of beauty.  Under the terms of the deal, the federal government will cut spending by $2.4 trillion over the next 10 years …
Scott Pelley / CBS News:
Boehner: I got 98 percent of what I wanted  —  CBS Evening News anchor Scott Pelley sat down with Speaker of the House John Boehner in his office at the Capitol on Monday.  —  With a brutal partisan fight over the debt ceiling drawing to an apparent close, Boehner said he understands …
RELATED:
Thomas Lifson / americanthinker.com:
We The Stupid  —  I stand here in abject stupefaction.  The so-called “right” or “Tea Party” in this republic is being so thoroughly rolled and defeated that I am struggling to come up with an adequate violent submission metaphor that does not involve prison rape . . . and they honesty think that they're “winning.”
Discussion: iOwnTheWorld.com and Babalú Blog
Matthew Cooper / NationalJournal.com:
Amidst Debt Fight, Discontent With Congress  —  Time for recess: The debt battle that turned Congress upside-down nears end.  —  Amidst a tumultuous fight over raising the debt ceiling, Americans are deeply dissatisfied with Washington and eager to elect fresh faces to Congress …
Discussion: Politics and Taegan Goddard's …
Maria Tsvetkova / Reuters:
Putin says U.S. is “parasite” on global economy  —  (Reuters) - Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means “like a parasite” on the global economy and said dollar dominance was a threat to the financial markets.
Caitlin McDevitt / The Politico:
Matt Damon weighs in on the debt ceiling  —  Last week, Ben Affleck briefly became part of the conversation about the debt ceiling.  And now his longtime buddy and fellow actor Matt Damon has weighed in on the debate.  —  “I'm so disgusted man. ...  I don't know what you do in the face of that kind of intransigence.
John Hinderaker / Power Line:
The Winner of the Power Line Prize Is...  “The Spending Is Nuts,” by Justin Folk:  —  “Squirrels,” as we call it informally, is a beautiful piece of work.  (View it on YouTube in HD here.)  We asked Justin to share his thoughts on the contest and his video:
Discussion: Pajamas Media and Michelle Malkin
Daily chart:
The red and the black  —  Where federal taxes are raised and spent  —  SOME American states receive more in federal spending than they pay in federal taxes; others receive less.  Over twenty years these fiscal transfers can add up to a sizeable sum.  From 1990 to 2009 …
Discussion: ThinkProgress
Steve Almond / Salon:
What we wish Obama had said  —  Does anyone else have a sick sense of déjà vu this morning?  —  After months of slow-motion capitulation, President Obama has cut an eleventh-hour deal with Republican leaders to raise the debt ceiling.  After vowing to heed the public outcry …
Discussion: Firedoglake
Nancy A. Youssef / McClatchy Washington Bureau:
Who gains from debt deal?  The Pentagon, for one  —  WASHINGTON — The last-minute deal that Congress is considering to raise the federal debt limit probably will mean trillions of dollars in government spending reductions for most agencies.  But one department stands to gain: the Pentagon.
Discussion: Prairie Weather
The Politico:
Whiteboard Archives  —  I'VE BEEN WORKING ON A DEBT DEAL: President Obama shifts his focus to labor Tuesday morning as he meets privately in the East Room with the executive committee of the AFL-CIO.  In guidance to reporters, the White House said Obama will “discuss issues important to working families …
Yaroslav Trofimov / Wall Street Journal:
Egyptians Turn Against Liberal Protesters  —  CAIRO—Mobs of ordinary Egyptians joined with soldiers to drive pro-democracy protesters from their encampment in Tahrir Square here Monday, showing how far the uprising's early heroes have fallen in the eyes of the public.
Discussion: Via Meadia and naked capitalism
Kevin Bogardus / The Hill:
Union chief warns of job losses from debt-ceiling deal  —  The agreement to lift the debt ceiling will lead to job losses, according to the president of the nation's main public workers union.  —  Gerry McEntee, president of the American Federation of State, County and Municipal Employees …
Kevin Drum Feed:
It's Public Opinion, Stupid  —  Jared Bernstein praises the president with faint damns: … I think this is roughly correct.  Public opinion is everything.  Ronald Reagan was successful because public opinion supported him: he wanted to cut taxes and raise defense spending and so did big chunks of the public.
Rick Pearson / Chicago Tribune:
Obama to head home for 50th birthday fundraiser  —  The sound of helicopters over the Chicago lakefront today signaled the practice drills that accompany a presidential visit.  And with Congress poised to act on a deal to raise the federal debt ceiling, President Barack Obama's plans to return …
Discussion: TheBlaze.com and Weasel Zippers
Tanya Somanader / ThinkProgress:
GOP Rep. Lamborn: Associating With Obama Is Like ‘Touching A Tar Baby’  —  Appearing on the Caplis and Silverman radio show last Friday, Rep. Doug Lamborn (R-CO) said, “Now I don't even want to have to be associated with [Obama], it's like touching a tar baby and you're stuck, you're part of the problem now.
 
 
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 More Items: 
Tania Branigan / Guardian:
Taiwan iPhone manufacturer replaces Chinese workers with robots
Discussion: Runnin' Scared
Grover Norquist / The Daily Caller:
A victory for Reagan Republicans
Larry O'Connor / Breitbart.tv:
NBC News' Sharpton Airs Lame Segment Calling Tea Party ‘Monster’ that ‘Will Destroy You’
Discussion: Theo Spark and Doug Ross
Buttonwood / Buttonwood's notebook:
A good deal or a can-kick or both?  —  SO the Congressional leaders …
William Kristol / Weekly Standard:
Decline Is a Choice  —  Here's the situation with respect …
Michael Scherer / Swampland:
Trading Hostages: Why Lobbyists Are a Key Part of the Debt-Limit Deal
Penny Starr / CNSNews:
Debt-Limit Vote Breaks GOP Pledge to Post Bills Online for 3 Days Before Vote
Discussion: Conservatives4Palin
 Earlier Items: 
Caroline May / The Daily Caller:
Obama administration approves no-cost birth control, including ‘morning after’ pill
James Pindell / WMUR Political Scoop:
Two Things About Huntsman's Mail Piece
Discussion: Salt Lake Tribune and The Note
Manu Raju / The Politico:
DeMint won't target GOP yes votes
Discussion: Hot Air
Frank Newport / Gallup:
Obama Weekly Approval at 42%; Liberal Support Remains High
Discussion: The Politico and Daily Kos
Nate Silver / FiveThirtyEight:
The Fine Print on the Debt Deal
 

 
From Mediagazer:

Alexandra Bruell / Wall Street Journal:
The Atlantic is profitable, has 1M subscribers, and revenue grew 10% in 2023 thanks to a 50% price hike, a harder paywall, and a shift to in-depth reporting

New York Times:
The NBC News-Ronna McDaniel saga highlights the perks and perils of partisan talk TV; a source says McDaniel is now seeking $600K+ for her two year deal

New York Times:
Karlie Kloss' Bedford buys Life publication rights from Dotdash Meredith and plans to resume regular print publication in 2025; Josh Kushner will be publisher

 
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