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12:05 PM ET, August 23, 2011

memeorandum

 Top Items: 
The Politico:
Conservative elites pine for 2012 hero  —  It's a tough time to be a conservative intellectual.  —  From the Weekly Standard to the Wall Street Journal, on the pages of policy periodicals and opinion sections, the egghead right's longing for a presidential candidate of ideas …
RELATED:
National Review:
Five Reasons Ryan Bowed Out  —  Sources close to Rep. Paul Ryan of Wisconsin tell National Review Online that the Budget Committee chairman considered a variety of factors this summer as he mulled a late-entry presidential campaign.  This afternoon, he closed the door on a 2012 bid, choosing to remain in the House.
Byron York / Washington Examiner:
Spending, not entitlements, created huge deficit  —  It's conventional wisdom in Washington to blame the federal government's dire financial outlook on runaway entitlement spending.  Unless we rein in Social Security, Medicare and Medicaid, the conventional wisdom goes, the federal government is headed for disaster.
RELATED:
David G. Savage / Los Angeles Times:
Rick Perry's views on the Constitution get closer scrutiny
Steve Bainbridge / ProfessorBainbridge.com:
If the trial lawyers hate Rick Perry, maybe I should reconsider him
Mark Knoller / CBS News:
National debt has increased $4 trillion under Obama  —  The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch.  —  The debt was $10.626 trillion on the day Mr. Obama took office.  The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
RELATED:
Andrew Malcolm / Top of the Ticket:
New national debt data: It's growing about $3 million a minute, even during his vacation  —  Swallow all liquids in your mouth before reading any further.  —  Updated numbers for the national debt are just out: It's now $14,639,000,000,000.  —  When Barack Obama took the oath of office twice on Jan. 20 …
Discussion: Althouse, BizzyBlog and Weasel Zippers
SarahPAC:
Setting The Record Straight: Wrong & Misleading  —  Three years ago DC pundits predicted with glee the demise of Sarah Palin's political career.  This past weekend their tune changed, citing false information that she has made a decision and set a date regarding a future campaign.
RELATED:
Jeff Zeleny / The Caucus:   Fresh Palin Tea Leaves Seem to Predict a Late September Decision
The White House:
Statement by the President on Libya Blue Heron Farm, Martha's Vineyard, Massachusetts  —  THE PRESIDENT: Good afternoon, everybody.  I just completed a call with my National Security Council on the situation in Libya.  And earlier today I spoke to Prime Minister Cameron about the extraordinary events taking place there.
RELATED:
Joe Nocera / New York Times:
How Democrats Hurt Jobs  —  The airplane's aft section arrived early Monday morning.  That's what they'd been waiting for at the final assembly plant in North Charleston, S.C. They already had the wings, the nose, the tail — all the other major sections of Boeing's new 787 Dreamliner.
Jeannette Neumann / Wall Street Journal:
Head of S&P to Resign  —  Ratings Firm Says Sharma Exit, for Year-End, in Works Before U.S. Downgrade  —  Standard & Poor's President Deven Sharma is leaving the credit-rating firm at the end of the year, the company said Monday night.  —  Mr. Sharma will step down as president on Sept. 12 …
RELATED:
Financial Times:
Sharma to step down as S&P president
Discussion: Wizbang and Pajamas Media
DealBook:
Standard & Poor's President to Step Down
Max Pizarro / Politicker NJ:
In LD8, Delany derailed by wife's email to Lewis  —  Former Assemblyman Pat Delany abruptly resigned last month from his post representing the 8th district after his wife sent a racially tinged email to senate challenger Carl Lewis, the former Olympic Gold medalist.
Robert Stacy McCain / The Other McCain:
Debbie's Very Bad Day in Iowa  —  During my Iowa trip, I got lots of photos and videos I wasn't able to upload at the time due to connectivity issues and the very hectic schedule.  One of the items that never made it to the blog was an incident at the Iowa State Fair where DNC Chairwoman …
Paul A. Gigot / Wall Street Journal:
Huntsman's Anti-GOP Strategy  —  The former Utah governor tries to save his GOP presidential bid by using global warming as a wedge issue.  —  When Joe Manchin wanted to save his U.S. Senate campaign, the West Virginia Democrat loaded a rifle and put a bullet through a sheet of paper labeled …
Gregory Simmons / ABCNEWS:
Gov. Sanford on Emerging From Seclusion  —  A scandal-plagued former governor who was once considered a potential presidential contender for 2012 is instead standing on the periphery, reflecting on what might have been and watching as the Republican primary field continues to take shape.
Jeff Reinitz / Waterloo/Cedar Falls Courier:
NEW DETAILS: Witnesses said they heard beating victim taunted  —  A brutal fight that claimed the life of a Waterloo teen started with taunting, witnesses said.  —  Police confirmed that 19-year-old Marcellus Richard Andrews was officially pronounced dead at about 3:30 p.m. Sunday.
Michael O'Brien / Ballot Box:
Warren's criticism of Wall Street poses fundraising dilemma  —  Elizabeth Warren's combative history with Wall Street could create a fundraising dilemma for her burgeoning Senate campaign.  —  Her ardent grassroots following on the left — forged during stints as TARP watchdog and as mastermind …
Gautham Nagesh / The Hill:
FCC officially kills Fairness Doctrine, wiping it from rules  —  Federal Communications Commission Chairman Julius Genachowski announced the elimination of 83 outdated and obsolete agency rules on Monday, including the controversial Fairness Doctrine.  —  “The elimination of the obsolete …
Hoover Institution:
How Is Warren Buffett Like the Pope?  —  by Richard A. Epstein (Peter and Kirsten Bedford Senior Fellow and member of the Property Rights, Freedom, and Prosperity Task Force)  —  They are both dead wrong on economic policy.  —  The terrible economic news from both Europe and the United States …
Julia Preston / New York Times:
U.S. Issues New Deportation Policy's First Reprieves  —  The call came in the morning to the lawyer representing Manuel Guerra, an illegal immigrant from Mexico living in Florida who had been caught in a tortuous and seemingly failing five-year court fight against deportation.
Mike Allen / The Politico:
Arab Summer may not spread to Syria - Obama, Romney to unevil jobs agendas in same week.  But who'll go first?  - Palin ponders run; won't decide till late Sept.  —  BULLETIN — “Rebels near Gaddafi's Tripoli stronghold” — Reuters/Tripoli: “Rebels battling forces loyal to Muammar Gaddafi …
Discussion: The Note and Taegan Goddard's …
RELATED:
DealBook:
Milken's Gift Stirs Dispute at U.C.L.A. Law School  —  When the U.C.L.A. School of Law announced a $10 million gift from Lowell Milken to establish a business law institute in his name earlier this month, the university described him as a “pioneer in education reform” and a “leading philanthropist.”
David Tuller / New York Times:
No Surprise for Bisexual Men: Report Indicates They Exist  —  In an unusual scientific about-face, researchers at Northwestern University have found evidence that at least some men who identify themselves as bisexual are, in fact, sexually aroused by both women and men.
Bradley Keoun / Bloomberg:
Morgan Stanley at Brink Got $107B From Fed  —  As markets convulsed in September 2008, Morgan Stanley (MS) Treasurer David Wong briefed the Federal Reserve on a “dark” scenario in which the U.S. firm would need at least $10 billion of emergency loans from the central bank.  —  It got 10 times darker by month's end.
Henry Blodget / Politics:
Here's Why Bank Of America's Stock Is Collapsing Again  —  It's deja vu all over again.  —  The stock of a humongous American bank, Bank of America (BAC), is collapsing.  —  This is stoking fears that Bank of America will go bust, taking the whole economy down with it.  —  Why is Bank of America's stock tanking?
New York Times:
It's a Flawed Settlement  —  The Obama administration has turned up the heat on Eric Schneiderman, New York's attorney general, to go along with a proposed settlement with the nation's largest banks over dubious foreclosure practices.  Mr. Schneiderman should stand his ground in not supporting the deal.
Pete Griffin / Fox News:
Federal Stimulus Funds for Nevada's Green-Industry Grows Trees, But Few Jobs  —  A federal stimulus grant of nearly $500,000 to grow trees and stimulate the economy in Nevada yielded a whopping 1.72 jobs, according to government statistics.  —  In 2009, the U.S. Forest Service awarded $490,000 …
 
 
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 More Items: 
Phil Galewitz / Kaiser Health News:
As Hospitals Push ERs, States' Medicaid Budgets Pressured
Discussion: ThinkProgress
Alexander Burns / The Politico:
GOP candidates duck, cover on Libya
Tevi Troy / National Review:
What's Obama Reading?
Richard A. Posner / The New Republic:
Let's Be Honest: We're in a Depression, Not a Recession, And There's No End In Sight
Felix Salmon:
How to get $12 billion of gold to Venezuela
New York Times:
Cut Medicare, Help Patients
Discussion: The New Republic and ThinkProgress
Globe and Mail:
Please tax us, French super-rich tell government
Discussion: The Reaction
 Earlier Items: 
Rolling Stone:
Songwriter Jerry Leiber Dies at 78
Jennifer Jacobs / Iowa Caucuses:
Pataki to join Paul, McCotter at Polk County GOP fundraiser Saturday
Joseph Morton / Omaha World-Herald:
Pipeline foes arrested in D.C.
Discussion: Crooks and Liars
Matthew Yglesias / ThinkProgress:
Shoplifting, Employment, And Keynesian Economics
Erik Wasson / The Hill:
Obama calls Buffett, Ford CEO for advice
David Frum / CNN:
Give Obama a break
Mark Hemingway / Weekly Standard:
Joe Biden: ‘I Fully Understand’ China's One Child Policy
Frank Newport / Gallup:
Obama in Close Race Against Romney, Perry, Bachmann, Paul
 

 
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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