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8:30 PM ET, July 13, 2012

memeorandum

 Top Items: 
WJLA-TV:
President Obama says Romney should answer Bain Capital questions  —  In an exclusive interview, President Barack Obama tells ABC7's Scott Thuman that GOP challenger Mitt Romney should answer questions about Bain Capital and his time there.  Here's a transcript of the interview.
RELATED:
ABCNEWS:
Transcript: Romney Responds to Bain Attacks In ABC Interview  —  JONATHAN KARL: Governor Romney, you have been hammered by the president and by the president's campaign over your time at Bain.  In fact, one of his top advisers actually said you might have committed a felony when it comes …
David Weigel / Slate:
Did the Romney Campaign Create the Swift-Yachting Story? … - Josh Levin: Penn State Should Cancel Its Football Program for a Few Seasons  — Is It Legal for Airlines To Let Richer Passengers Go Through Airport Security First?  — Manjoo: Buying an iPhone?  Get the Smallest Possible Amount of Storage.
CNN:
Acosta interview: Romney's spirited Bain rebuttal  —  (CNN) - Following a week of some of the sharpest attacks yet on his management of the financial firm Bain Capital, Mitt Romney offered a vocal defense Friday of his tenure there and strongly disputed reports he left the firm years later than he has previously said.
Glenn Kessler / Washington Post:
Do Bain SEC documents suggest Mitt Romney is a criminal?  —  “Romney and Bain claim that he was not involved with Bain, but Bain and its portfolio companies in their required filings under the Securities Exchange Act continuously certified to the Securities and Exchange Commission say precisely …
CBS News:
Romney interview with CBS News: Full transcript  —  presumptive GOP presidential nominee Mitt Romney sat down for interviews with all five networks following several days of heightened criticisms over his time at the private equity firm Bain Capital.  Romney defended his work …
Discussion: ThinkProgress and Business Insider
Jed Lewison / Daily Kos:
Bain Capital press release described Romney as ‘part-time’ in July, 1999  —  A July 19, 1999 press release distributed on behalf of Regan Communications and Bain Capital described Mitt Romney as the “Bain Capital CEO” and said he was “on a part-time leave of absence to head the Salt Lake City Olympic Committee.”
Andrew Sullivan / The Daily Dish:
Kessler: He's Drowning Not Waving  —  Glenn Kessler, WaPo's fact-checker, has a detailed examination of the latest Globe story.  Why he thinks criminal charges are extremely unlikely: … Throughout, Kessler bizarrely asserts that telling the SEC that someone is the CEO and sole owner of a company, when he isn't, is no big deal.
Discussion: Washington Post and Balloon Juice
J. Bradford DeLong / Brad DeLong:
Is This the Silliest Thing Glenn Kessler of the Washington Post Has Ever Written?  —  Suggestions for sillier things welcome: … Give it up, Glenn.  —  It would be very unusual for somebody to have the titles of not just “CEO” but “President”, “Chairman of the Board” and be “sole stockholder” …
BuzzFeed:
McDonnell Declares Bain Off Limits  —  Drawing a line in 1999.  —  McDonnell and Romney in June.  —  Image by JASON REED / Reuters  —  WILLIAMSBURG, Virginia — Virginia Gov. Bob McDonnell, a leading Republican figure, said Friday that Mitt Romney's time at the helm of Bain Capital …
Amie Parnes / The Hill:
Obama mocks GOP health law repeal votes  —  VIRGINIA BEACH, Va. — President Obama mocked Republicans on Friday for seeking to repeal the healthcare law 33 times instead of working to pass a tax extension that would help the middle class.  —  Kicking off a two-day, five-stop bus tour in Virginia …
Discussion: CNN and Rush Limbaugh
Lindsey Boerma / CBS News:
Romney: Obama owes me an apology
Discussion: The Caucus and The Daily Dish
Jonathan Easley / The Hill:
Team Romney: Obama campaign is ‘unraveling’
Dylan Byers / Politico:
Romney to give television interviews today
Brooks Jackson / FactCheck.org:
Romney's Bain Years: New Evidence, Same Conclusion
Steve Kornacki / Salon:
Why Mitt's story doesn't add up
Jonathan Easley / The Hill:   Romney surrogate: ‘Can you imagine how dumb this president is?’
Ginger Gibsonand Dylan Byers / Politico:
Mitt counter-punches on Bain
Discussion: Business Insider
BuzzFeed:
Audio Exclusive: The Speech That Landed Condi On Romney's List  —  A call to “storm Washington D.C.” Speculation in Park City that “she wants to be Vice President.”  —  With The Drudge Report driving speculation that Condoleezza Rice is now a leading contender in the Republican veepstakes …
RELATED:
Alexander Burns / Politico:
SBA List: Condoleezza Rice unacceptable
Discussion: News Desk
Alicia M. Cohn / The Hill:
Palin says Rice's view on abortion shouldn't disqualify her as VP
Discussion: CNN and Riehl World View
David Brooks / New York Times:
Why Our Elites Stink  —  Through most of the 19th and 20th centuries, the Protestant Establishment sat atop the American power structure.  A relatively small network of white Protestant men dominated the universities, the world of finance, the local country clubs and even high government service.
Lynn Sweet / Chicago Sun Times:
Obama campaign worker collapses at Chicago campaign HQ and later dies  —  Alex Okrent, a staffer in the Obama for America campaign who has worked with Barack Obama's political team since 2004, died Friday after collapsing in the Chicago headquarters.  —  President Barack Obama called his family to offer his condolences.
Discussion: Weasel Zippers and Weekly Standard
Ezra Klein / Washington Post:
13 reasons why this is the worst Congress ever  —  This week, the House of Representatives voted to repeal the Affordable Care Act.  On its own, such a vote would be unremarkable.  Republicans control the House, they oppose President Obama's health reform law, and so they voted to get rid of it.
PARADE Magazine:
Preview: The Exclusive PARADE Interview With President and Mrs. Bush  —  Nineteen years after leaving the White House, George H. W. Bush, 88, is seeing his legacy burnished.  In an exclusive interview in this Sunday's issue of PARADE, the former president and his wife, Barbara, 87 …
Fox News:
Republicans accuse HHS of gutting welfare reform with quiet policy change  —  June 20, 2012: Health and Human Services Secretary Kathleen Sebelius speaks at Covenant Community Care, Inc. in Detroit.AP  —  Republicans are accusing the Obama administration of unilaterally gutting welfare reform …
RELATED:
acf.hhs.gov:
Temporary Assistance for Needy Families Information Memorandum
Jim Lindgren / The Volokh Conspiracy:
Over 30% of President Obama's 2009-2011 Gross Income Came From Foreign Sources  —  I find it strange that the Obama campaign would be making so much of Romney's income from foreign sources when Obama's foreign source income appears to be a much bigger percentage of his income over the last few years.
investor.shareholder.com:
JPMorgan Chase Reports Second-Quarter 2012 Net Income of $5.0 Billion, or $1.21 Per Share, On Revenue1 of $22.9 Billion  —  Results Include CIO Trading Losses Supported Consumers, Businesses and Communities … JPMorgan Chase & Co. (NYSE: JPM) today reported second-quarter 2012 net income of $5.0 billion …
 
 
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 More Items: 
Chris Johnson / Washington Blade:
Ros-Lehtinen is first GOP member of Congress to back marriage equality
Discussion: Advocate and Towleroad News #gay
William Kristol / Weekly Standard:
Mitt Romney: Tisha B'Av in Jerusalem
Discussion: JOSHUAPUNDIT
Alexia Tsotsis / TechCrunch:
Digg Sold To LinkedIn AND The Washington Post And Betaworks
Matthew Continetti / Washington Free Beacon:
Honey, I Shrunk Obama
Jessica Silver-Greenberg / DealBook:
JPMorgan Fears Traders Obscured Losses in First Quarter
Washington Post:
Investigation into officer's alleged threat toward first lady continues
Discussion: Booman Tribune
Matt Vespa / NewsBusters.org:
Open Thread: Unintentionally Hilarious Trailer for Pro-Obama Movie
 Earlier Items: 
KLFY-TV:
Jeff Landry Comes Out Against LGBT Minor
Discussion: ThinkProgress and Joe. My. God.
Justin Sink / The Hill:
West announces $2.2M second-quarter fundraising haul
Discussion: Politico
Ktla-Ltv / ktla.com:
Downtown L.A. Erupts into Violence During Art Walk
Discussion: Weasel Zippers and Firedoglake
Alicia M. Cohn / The Hill:
Bill Clinton ‘perplexed’ Romney not releasing more tax returns
Discussion: Politico, CNN and The Right Scoop
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis

Jeff Jarvis / BuzzMachine:
The New York Times is broken, shown by its entitled, petulant reaction to Politico's report on its tense relationship with Biden

Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals

 
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