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4:00 PM ET, August 9, 2011

memeorandum

 Top Items: 
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:
Nina Power / Guardian:
There is a context to the riots that can't be ignored  —  Those condemning the events in north London and elsewhere would do well to take a step back and consider the bigger picture  —  Since the coalition came to power just over a year ago, the country has seen multiple student protests …
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.
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:
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:
A.Killough / CNN:
CNN Poll: Time to clean house in Congress?  —  Washington (CNN) - Need more evidence that Americans are extremely angry at Congress?  —  Well, here you go: According to a new national survey, for the first time ever most Americans don't believe their own member of Congress deserves re-election.
RELATED:
Steve Benen / Washington Monthly:
Cantor pushes intransigence, hopes to prove S&P right
Discussion: Daily Kos, Washington Post and The Hill
Reid J. Epstein / The Politico:
Impeach Obama, says Michael Burgess  —  Burgess, center, wants to impeach Barack Obama to stop him from ‘pushing his agenda.’  —  Impeaching President Barack Obama “needs to happen,” Rep. Michael Burgess (R-Texas) told a local tea party group, the Fort Worth Star-Telegram reported Tuesday.
RELATED:
Aman Batheja / Fort Worth Star-Telegram:
Burgess meets with unhappy Tea Party group  —  KELLER — Hours after the Dow Jones industrial average closed down more than 600 points Monday, U.S. Rep. Michael Burgess, R-Lewisville, heard from local conservatives who were unhappy that he supported legislation that many believed led to the calamitous day on Wall Street.
Board of Governors of the Federal Reserve System:
For immediate release  —  Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had expected.  Indicators suggest a deterioration in overall labor market conditions in recent months, and the unemployment rate has moved up.
Kenneth Rogoff / Financial Times:
The bullets yet to be fired to stop the crisis  —  Four years into the financial crisis, it is becoming increasingly clear that the biggest deficit is not in credit, but credibility.  Markets can adjust to a downgrade of global growth, but they cannot cope with a spiralling loss of confidence …
RELATED:
Francesco Guerrera / Wall Street Journal:
Why This Crisis Differs From the 2008 Version
Discussion: New York Magazine
Binyamin Appelbaum / New York Times:
Fed's Elusive Prescriptions for an Erratic Ailment
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” …
Travis Waldron / ThinkProgress:
Bachmann's ‘Must-Read’ List Included A Book That Claims Blacks Were ‘Better Off In Nearly Every Way’ Under Slavery  —  Minnesota Rep. Michele Bachmann (R) has already made one slavery-related gaffe during her presidential campaign, signing a pledge produced by the Iowa FAMiLY LEADER …
Richard Cohen / Washington Post:
Mr. Cool turns cold  —  In her autobiography, Helen Gahagan Douglas recalled telling President Franklin D. Roosevelt about her visits to the camps of migrant workers.  She was especially poignant about the children and their lack of Christmas toys when the president tried to stop her.
Dan Primack / Fortune:
About that plane over S&P  —  Who sent an aerial message to Wall Street?  —  Courtesy of NY Observer  —  Earlier today, a plane flew over S&P headquarters trailing a banner that read: … Fortune has learned that the person who paid to fly the banner is a Midwestern broker …
Associated Press:
US scolds Israel over new construction plans … WASHINGTON (AP) — The Obama administration says it is “deeply concerned” by Israeli approval of new housing construction in disputed east Jerusalem.  —  The State Department says such “unilateral actions work against efforts to resume direct negotiations” …
Wall Street Journal:
A Downgrade Awakening  —  Amid the market wreckage, signs of a political turn.  —  During yesterday's market meltdown, an old friend shot us an email: “The Obama adm needs to stop trying to disarm the fire alarm and start trying to put the fire out.”  —  Good advice that …
Dave Boyer / Washington Times:
Philadelphia mayor talks tough to black teenagers after ‘flash mobs’  —  ** FILE ** In this March 20, 2010, photo, young people run down South Street during a flash mob incident that involved thousands and closed the street to traffic from Front Street to Broad in Philadelphia.
Daily Mail:
Forced to strip naked in the street: Shocking scenes as rioters steal clothes and rifle through bags as people make their way home  —  This is the shocking moment a young man is apparently forced to hand over all of his clothes after appearing to be stripped naked during lawless riots overnight.
Discussion: Maggie's Farm and Pajamas Media
CNBC:
Some Munis Can Have Higher Ratings Than US: S&P  —  Some U.S. states and local governments may retain their coveted AAA ratings despite the fact the United States has lost its top rating, according to Standard & Poor's Ratings Services.  —  Analysts and traders had been concerned the rating agency …
Discussion: Modeled Behavior and ThinkProgress
Yochi J. Dreazen / NationalJournal.com:
Obama Cancels Schedule to Meet Returned Bodies of Fallen Soldiers  —  President Obama will travel to Dover Air Force base later on Tuesday to honor the 22 Navy SEALs and eight other American troops killed in Afghanistan on Saturday when an insurgent shot down their helicopter …
Andrew Malcolm / Top of the Ticket:
Obama's penchant for speeches now sounding hollower by the word  —  This is the 931st day of the Barack Obama presidency.  —  Yesterday Obama gave a strange statement to the media.  He'd been away on another mini-vacation at Camp David.  So, it was left to aides and Treasury Secy.
Discussion: Don Surber
 
 
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 More Items: 
Jason Clayworth / Iowa Caucuses:
Rick Perry to make Iowa speech on Sunday
Discussion: USA Today and msnbc.com
Joe Garofoli / SFGate:
Rick Santorum:Obama's health care “will rob America of its soul”
A.Killough / CNN:
Obama attends dignified transfer of service members from downed copter
Discussion: The Politico and The Hill
Benjy Sarlin / TPMDC:
Nebraska AG Jon Bruning Compares Welfare Recipients To Scavenging Raccoons
Discussion: ThinkProgress and Wonkette
Ramesh Ponnuru / Bloomberg:
Polarized Electorate Suggests Obama Win in 2012: Ramesh Ponnuru
Discussion: Eunomia
Michael O'Brien / The Hill:
Paul Ryan launches effort to defend budget, GOP presidential field in Iowa
Discussion: CNN, GOP 12, James Pethokoukis and Hot Air
Matthew Yglesias / ThinkProgress:
Tim Pawlenty's Extremely Weak Grasp Of Monetary Policy And International Finance
Discussion: Paul Krugman
 Earlier Items: 
Erik Wasson / Ballot Box:
Liberals outline stimulus agenda in ‘Contract for the American Dream’
Discussion: Weasel Zippers
Andrew Restuccia / The Hill:
Obama unveils first efficiency standards for heavy-duty trucks
Alicia M. Cohn / The Hill:
Sen. McCain won't apologize for ‘Tea Party hobbits’ comment
Discussion: Weasel Zippers
Jeffrey Goldberg / Bloomberg:
About Jeffrey Goldberg  —  Jeffrey Goldberg, a national correspondent …
Discussion: Hit & Run and Ben Smith's Blog
Jeff Poor / The Daily Caller:
Krauthammer blasts Obama as ‘weak, plaintive and small’
Discussion: Freedom's Lighthouse
Byron York / Washington Examiner:
Bachmann's political touch turns doubter into fan
Discussion: The Caucus, The Note and Power Line
Bob Cusack / The Hill:
The contenders and dark horses to land on debt ‘supercommittee’
Discussion: Sky Dancing and Seattle Times