memeorandum: Lawmakers furious over China-made Olympic uniform (Donna Cassata/Associated Press)

3:00 AM ET, July 14, 2012

Top Items:

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.

Discussion: New York Times, The Caucus, Washington Post, Hot Air, msnbc.com, Washington Wire, National Review, Washington Examiner, CNN, Weekly Standard and Business Insider

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.

Discussion: Washington Post, Daily Kos, ThinkProgress, Mother Jones and The New Republic

CNN:

What we learned from Mitt Romney — Washington (CNN) - Mitt Romney tried time and again to make one thing clear in our interview. On five different occasions in the first few minutes of the interview, Romney said he had “no role whatsoever” at Bain Capital after February 1999. — Here are the ways he said it:

Discussion: Talking Politics and New York Magazine

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.

Discussion: News Desk, The Daily Dish, The Lonely Conservative and Business Insider

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 …

Discussion: The Hinterland Gazette, The Moderate Voice and News Desk

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, Alan Colmes' Liberaland, The Right Sphere 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.”

Discussion: The Reality-Based Community, BuzzFeed, Balloon Juice, The Daily Dish, Brad DeLong, Little Green Footballs, Alan Colmes' Liberaland and ThinkProgress

Michael D. Shear / New York Times:

Romney Demands Apology From Obama on Bain Allegations — WASHINGTON — Mitt Romney demanded an apology from President Obama on Friday for making what he called “reckless” and “absurd” allegations in an escalating battle over whether Mr. Romney's business record included outsourcing American jobs.

Discussion: Weasel Zippers, First Draft, The Caucus, Los Angeles Times and Washington Post

Jonathan Easley / The Hill:
Team Romney: Obama campaign is ‘unraveling’

Discussion: Washington Monthly, CNN and National Review

Andrew Sullivan / The Daily Dish:
Kessler: He's Drowning Not Waving

Discussion: Althouse, FactCheck.org, Washington Post, Brad DeLong and Balloon Juice, more at Mediagazer »

Matt Negrin / ABCNEWS:
Romney to Obama: Apologize for Bain Questions

Discussion: Jammie Wearing Fools, Ballot Box, CNN and ABCNEWS

Dylan Byers / Politico:
Romney to give television interviews today

Discussion: 2012.talkingpointsmemo.com and Alan Colmes' Liberaland

Hunter Walker / Politicker:
Mitt Romney's Shifting Bain Story

Discussion: The Huffington Post, Firedoglake, The Daily Dish, The Maddow Blog, Salon and Talking Points Memo

BuzzFeed:
McDonnell Declares Bain Off Limits

Discussion: American Prospect, The Maddow Blog, Alan Colmes' Liberaland, Washington Monthly, ABCNEWS and Daily Kos

J. Bradford DeLong / Brad DeLong:
Is This the Silliest Thing Glenn Kessler of the Washington Post Has Ever Written?

Discussion: Washington Post, The Democratic Daily, The PJ Tatler and Hot Air

Lindsey Boerma / CBS News:
Romney: Obama owes me an apology

Discussion: The Caucus and The Daily Dish

Alexander Burns / Politico:
Mitt Romney did business in Massachusetts during Olympics

Discussion: New York Magazine, Angry Bear, KDVR.com, CNN, The Daily Dish, Daily Kos and Firedoglake

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

Donna Cassata / Associated Press:

Lawmakers furious over China-made Olympic uniform — WASHINGTON — Uniforms for U.S. Olympic athletes are American red, white and blue — but made in China. That has members of Congress fuming. — Republicans and Democrats railed Thursday about the U.S. Olympic Committee's decision …

Discussion: Weasel Zippers, Bangor Daily News, Crooks and Liars and Towleroad News #gay

Washington Free Beacon:

U.S. Olympic Uniforms: Made in China by Democratic Donor's company — Lawmakers were livid to discover that the United States' Olympic team uniforms were made in China. Senate Majority Leader Harry Reid (D., Nev.) even suggested “they should take all the uniforms, put them in a big pile and burn them and start all over again.”

Discussion: ABCNEWS, Michelle Malkin, The Spectacle Blog, The Lonely Conservative, Fox News, Jammie Wearing Fools and Weasel Zippers

Daniel Halper / Weekly Standard:

More than 20 People Faint During Obama Speech — The pool report on President Obama's trip to Roanoke, Virginia says that more than 20 people fainted during the president's speech this evening. — “TV viewers may have heard POTUS pointed out a couple of faintings during the rally in downtown Roanoke,” writes the pool report.

Discussion: The Gateway Pundit and American Glob

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, BuzzFeed and The Reality-Based Community

New York Post:

Sylvester Stallone's son found dead; cause of death believed to be pill overdose — The son of Sylvester Stallone has been found dead in his Hollwood home. — Sage Moonblood Stallone, 36, was found dead this afternoon at an apartment, his attorney confirmed to The New York Post.

Discussion: TMZ.com and The Informer

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.

Discussion: Wonkette, Gawker, Mother Jones, The American Conservative, Daniel W. Drezner, Booman Tribune and Balloon Juice

Sally Jenkins / Washington Post:

Joe Paterno, at the end, showed more interest in his legacy than Jerry Sandusky's victims — Joe Paterno was a liar, there's no doubt about that now. He was also a cover-up artist. If the Freeh report is correct in its summary of the Penn State child molestation scandal …

Discussion: The Moderate Voice and Poynter

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