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11:30 PM ET, August 7, 2011

memeorandum

 Top Items: 
David Catanese / The Politico:
Tea Party Nation: The left's killed “a billion people”  —  THIENSVILLE, Wis. — The founder of Tea Party Nation claimed liberal ideology is responsible for “a billion” deaths over the last century during a raucous rally here Saturday in support of one of the six Republican state senators facing a recall election Tuesday.
RELATED:
Doug Powers / Michelle Malkin:
John Kerry and the ‘Tea Party Downgrade’  —  The “Tea Party downgrade” memo has been successfully circulated.  —  First up today is John Kerry.  It's some kind of hilarious to watch a big spending, pro bloated government liberal try to come across like a life-long hawk on cutting deficits …
Julie Mason / The Politico:
Blame, insults traded over credit downgrade on Sunday shows
Discussion: Taylor Marsh
Katrina Trinko / National Review:
McCain: Tea Party Members Had ‘Mandate’ to Oppose Tax and Spending Hikes
The Daily Beast:
Tea Party's Next Targets
Lucy Madison / CBS News:
Axelrod: This is a “Tea Party downgrade”
Discussion: The Politico and Pajamas Media
Daily Mail:
Explosive Jackie O tapes ‘reveal how she believed Johnson killed JFK and had affair with movie star’  —  Jackie Onassis believed that Lyndon B Johnson and a cabal of Texas tycoons were involved in the assassination of her husband John F Kennedy, ‘explosive’ recordings are set to reveal.
Glenn Harlan Reynolds / Washington Examiner:
Sunday Reflection: Why the GOP should give Obama the higher taxes he wants  —  Well, the debt deal is behind us, but it's clear that the White House wants more taxes.  Instead of fighting this head-on, the GOP might want to think about future ways of giving President Obama what he says he wants.
RELATED:
Ed Morrissey / Hot Air:
Opening on October 12, 2012: The Obama Is Totally Awesome blockbuster movie  —  The way the economy has turned out since the launch of Obamanomics, some people speculate that the only argument Barack Obama might have in 2012 is, “I got Bin Laden.”  Apparently, Hollywood has the same worries.
Drew Westen / New York Times:
What Happened to Obama?  —  Drew Westen is a professor of psychology at Emory University and the author of “The Political Brain: The Role of Emotion in Deciding the Fate of the Nation.”  —  Atlanta  —  IT was a blustery day in Washington on Jan. 20, 2009, as it often seems to be on the day of a presidential inauguration.
Noel Sheppard / NewsBusters.org blogs:
Cokie Roberts on Downgrade: ‘The Problem That We Have Here Is the Constitution’  —  ABC's Cokie Roberts said something on national television Sunday that made her colleague George Will shake his head on camera.  —  During a “This Week” discussion about the recent credit rating downgrade …
Alexander Bolton / The Hill:
S&P executive says it could take over a decade to restore US credit rating  —  John Chambers, the chairman of Standard & Poor's sovereign debt ratings, on Sunday estimated that it could take between 9 and 18 years for the nation to regain its AAA credit rating.
RELATED:
Jim Hoft / The Gateway Pundit:
The 18 Countries With a Better Credit Rating Than the United States
New York Times:
Anger Over Credit Rating Resurfaces in Washington
Steve Benen / Washington Monthly:
The worst thing the GOP has ever done?  —  I was on a radio show recently talking about the debt-ceiling hostage standoff and was asked whether this was the worst thing Republicans — or any major party, really — have ever done.  The more I think about it, the more the question resonates with me.
Discussion: Balloon Juice
RELATED:
Steve Benen / Washington Monthly:
A timeline of events  —  Let's take a stroll down memory lane, shall we?
Discussion: The Reaction
Seung Min Kim / The Politico:
S&P rating: ‘Outrageous’, ‘nothing good to say’
Discussion: ThinkProgress
Zachary A. Goldfarb / Washington Post:
Geithner tells Obama he will remain as Treasury secretary  —  Treasury Secretary Timothy F. Geithner has told President Obama he plans to remain in his job through the fall of 2012, keeping in place Obama's longest-serving economic adviser after the first-ever U.S. credit downgrade and renewed fears of a second recession.
RELATED:
Thomas L. Friedman / New York Times:
Win Together or Lose Together  —  IN the wake of the hugely disappointing budget deal and the S.& P.'s debt downgrade, maybe we need to hang a new sign in the immigration arrival halls at all U.S. ports and airports.  It could simply read: “Welcome.  You are entering the United States of America.
Alex Seitz-Wald / ThinkProgress:
Paul Ryan Signals Willingness To Raise Revenues, Shifting Positions Following Downgrade  —  House Budget Chairman Paul Ryan (R-WI) said he is open to revenue increases as part of a deal to reduce the deficit today, seemingly shifting positions from the hardline opposition his party has maintained against revenue growth.
Catherine Rampell / New York Times:
Second Recession in U.S. Could Be Worse Than First  —  If the economy falls back into recession, as many economists are now warning, the bloodletting could be a lot more painful than the last time around.  —  Given the tumult of the Great Recession, this may be hard to believe.
Discussion: The Raw Story
Julie Creswell / New York Times:
Pressing All the Buttons for a Panic Attack  —  BRADLEY ALFORD, a money manager in Atlanta, just hit the panic button.  —  No, really.  Mr. Alford just hit the key on his computer that initiates the Wall Street equivalent of the nuclear option: Sell everything.
BBC:
London riots: Dozens injured after Tottenham violence  —  Clasford Stirling, a resident of Tottenham for 32 years, said the area looked like a battlefield  —  More than 40 people have been arrested after rioting saw police attacked, buildings looted and vehicles set alight in Tottenham, north London.
RELATED:
Guardian:
Tottenham riots: police ‘had not anticipated’ extreme violence
Discussion: Blogcritics and The Moderate Voice
 
 
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 More Items: 
Jason Linkins / The Huffington Post:
TV SoundOff: Sunday Talking Heads
Discussion: Raw Replay
Blue Texan / Firedoglake:
Rick Perry: In Less Than Three Years, America Has Forgotten God, Needs to Repent
Discussion: NationalJournal.com
Ezekiel J. Emanuel / New York Times:
Shortchanging Cancer Patients
Discussion: Cafe Hayek
 Earlier Items: 
Peter Oborne / blogs.telegraph.co.uk:
In this grave crisis, the world's leaders are terrifyingly out of their depth
Richard Pérez-Peña / New York Times:
Hugh Carey, Who Led Fiscal Rescue of New York City, Is Dead at 92
Discussion: THE ASTUTE BLOGGERS
Washington Post:
Origins of the debt showdown
Janet Daley / Telegraph:
If we are to survive the looming catastrophe, we need to face the truth
 

 
From Mediagazer:

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income

Jennifer Schuessler / New York Times:
PEN America cancels its 2024 literary awards ceremony, set for April 29, after months of protests over the organization's response to the war in Gaza

Adam B. Vary / Variety:
The Blair Witch Project cast requests retroactive residuals and “meaningful consultation” on future projects, after Lionsgate and Blumhouse announced a reboot

 
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