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9:55 AM ET, August 9, 2011

memeorandum

 Top Items: 
New York Times:
As Rioting Widens, Cameron Deploys 10,000 More Police  —  By ALAN COWELL, RAVI SOMAIYA and JOHN F. BURNS  —  LONDON — Prime Minister David Cameron pledged on Tuesday to flood the streets of London with 10,000 extra police officers and said Parliament would be recalled in emergency session …
RELATED:
Telegraph:
London riots: BBC criticised for branding thugs as ‘protesters’  —  The BBC was criticised for its political correctness last night after continually referring to the yobs rioting across London as “protesters”.  —  Two days after a peaceful protest over the death of suspected gangster Mark Duggan …
Tim Shipman / Daily Mail:
Left-wing cynics blame the Tory cuts for orgy of violence: MPs and activists line up to make excuses for thugs  —  Left-wing politicians have cynically sought to make political capital out of the riots, blaming government cuts for the orgy of violence.  —  Labour MPs and activists lined …
Penny Red:
Panic on the streets of London.
Discussion: Global Voices and First Draft
Reuters:   British riots spread on third night of violence
Susan Page / USA Today:
Obama's job approval  —  President Obama's job approval rating is 50% or higher in 16 states and D.C. Roll over each state to see how each rated Obama.  The darker the shade of the state, the higher his overall approval rating.  —  Source: Gallup  —  WASHINGTON — Another “wave” …
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The Nation:
Ben Adler  —  It is clear from Standard & Poor's statement downgrading …
The Politico:
Obama plan: Destroy Romney  —  Barack Obama's aides and advisers are preparing to center the president's re-election campaign on a ferocious personal assault on Mitt Romney's character and business background, a strategy grounded in the early stage expectation that the former Massachusetts governor is the likely GOP nominee.
RELATED:
Ashley Parker / New York Times:
Back on Stump, Romney Faults Obama on Downgrade
Discussion: CNN and The Caucus
Danny Yadron / Washington Wire:
Romney on S&P Move: 'I Don't Think It's Simply the President's Fault'
Dana Milbank / Washington Post:
The most powerful man on Earth?  —  A familiar air of indecision preceded President Obama's pep talk to the nation.  —  The first draft of his schedule for Monday contained no plans to comment on the downgrading of the U.S. credit rating by Standard & Poor's.
RELATED:
Jeff Mason / Reuters:
Obama says he inherited economic problems  —  (Reuters) - President Barack Obama said on Monday he inherited many of the country's problems with high debt and deficits when he entered the White House, sounding a theme likely to dominate his 2012 re-election campaign.
Mark Duell / Daily Mail:
Who ‘made $10bn on 10/1 bet that U.S. credit rating would be downgraded’?  —  A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating.  —  Now questions are being asked of whether the trader …
RELATED:
Peter Schroeder / The Hill:
Senate Banking looking into S&P downgrade
Josh Marshall / Talking Points Memo:
Disconnect  —  This piece on CNN Money says that “market …
Discussion: CNNMoney.com and Paul Krugman
Victor Morton / Washington Times:
Michael Moore to Obama: ‘Show some guts,’ arrest S&P head  —  Liberal firebrand Michael Moore called on President Obama to respond to the U.S. credit downgrade by arresting the leaders of the credit-ratings agencies.  —  On his Twitter feed Monday, the Oscar-winning film director also blamed …
Discussion: Pajamas Media and No Left Turns
RELATED:
Reuters:
Senate panel reviewing S&P downgrade
Brian Beutler / TPMDC:
Cantor To House GOP: Resist ‘Pressure To Compromise On Tax Increases’ In Wake Of Downgrade
The Politico:
Rick Perry to make 2012 intentions clear Saturday  —  Rick Perry intends to use a speech in South Carolina Saturday to make clear that he's running for president, POLITICO has learned.  —  According to two sources familiar with the plan, the Texas governor will remove any doubt …
RELATED:
Abe Sauer / The Atlantic Online:
The Day of Reckoning in Wisconsin Recall Fight  —  Outside groups, finger-pointing and acrimony have nearly eclipsed the original reason six state senators face voters today  —  Wisconsin is tired of standing.  —  First the state was told to “Stand with Walker.”  —  Ever since then, it's been “Stand with Rob Cowles.”
RELATED:
Joshua Spivak / The Recall Elections Blog:
What to expect when you're expecting recalls: A guide to state legislative recalls
Discussion: Ben Smith's Blog
Sarah Palin / Facebook:
Conquering the Storm  —  In the coming days we'll sort through the repercussions of S&P's downgrade of our credit rating, including concerns about the impact a potential interest rate increase would have on our ability to service our suffocating $14.5 trillion debt.
Wall Street Journal:
Is Obama Smart?  —  A case study in stupid is as stupid does.  —  The aircraft was large, modern and considered among the world's safest.  But that night it was flying straight into a huge thunderstorm.  Turbulence was extreme, and airspeed indicators may not have been functioning properly.
Caroline May / The Daily Caller:
The National Organization for Women defends Bachmann against Newsweek  —  One of presidential candidate Michele Bachmann's major political opponents is defending her against what it says is blatant sexism on the part of Newsweek magazine.  —  Monday, the National Organization for Women …
Joseph E. Gagnon / PIIE Experts in the News:
Stop Sticking Our Heads in the Sand!  A Plan for Action on Jobs  —  Despite the claim that last week's jobs numbers were “better than expected,” they were in fact an abysmal indictment of US economic policy over the past two years.  The unemployment rate has remained near or above 9 percent …
Reuters:
Court allows torture lawsuit against Rumsfeld  —  (Reuters) - Two American men can go ahead with a civil lawsuit against former Defense Secretary Donald Rumsfeld, an appeals court said Monday, over allegations they were tortured in Iraq at the hands of the U.S. military.
Discussion: ThinkProgress and Law Blog
Bob Cusack / The Hill:
The contenders and dark horses to land on debt ‘supercommittee’  —  Speculation about who will be selected to serve on the debt “supercommittee” is rampant on Capitol Hill, K Street and Wall Street.  —  The four congressional leaders of the House and Senate have until Aug. 16 to make their appointments.
Vic Feuerherd / Isthmus:
Judge Foust plans to appoint special prosecutor in Wisconsin Supreme Court dispute  —  Dane County Chief Judge Bill Foust said Monday he will appoint a special prosecutor to complete the investigation of the alleged June 13 incident between Supreme Court justices David Prosser and Ann Bradley Walsh …
Darlene Superville / Associated Press:
Obama to Announce Fuel Standards for Big Vehicles  —  Fire trucks and concrete mixers, semis, heavy-duty pickups and all trucks in between will, for the first time, have to trim fuel consumption and emissions of heat-trapping gases under new efficiency standards being announced Tuesday by President Barack Obama.
Discussion: The Page
John Hempton / Bronte Capital:
Who has got the margin call?  —  Bronte Capital tends - as this blog has said many times - to be long large cap and relatively liquid companies at 10-16 PE ratios.  —  And we are short the wildest range of frauds, fads and failures you can imagine.  —  Our shorts are small and relatively illiquid.
 
 
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 More Items: 
Guardian:
London and UK riots day three aftermath: live coverage
Bloomberg:
Fed May Strengthen Stimulus Pledge on Recession Concern
Discussion: Swampland
Paul Kane / Washington Post:
The debt ‘super committee’: Who will serve on it?
Discussion: The Page
Julie Bolcer / Advocate:
THE CUOMO EVOLUTION  —  New York governor Andrew Cuomo talks …
David Weigel / Slate:
Bachmann: Debt Limit Hike Caused the Downgrade
RushLimbaugh.com:
Obamageddon, Barackalypse Now! Bam is “Debt Man Walking” in 2012
Discussion: Power Line and Don Surber
Robert Stacy McCain / The Other McCain:
Denison: Overflow Crowd Hears Herman Cain Slam Obama: 'That's Not Leadership!'
 Earlier Items: 
Cornelia Dean / New York Times:
Groups Call for Scientists to Engage the Body Politic
Andrew C. McCarthy / National Review:
Those Colossal, Recklessly Irresponsible $2 Trillion Errors
William Glaberson / New York Times:
Dog Helps Young Rape Victim Testify
Molly K. Hooper / The Hill:
House leaders end page program
 

 
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