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9:25 AM ET, October 16, 2013

memeorandum

 Top Items: 
Jonathan Strong / National Review:
Stunned Republicans React to Canceled Vote  —  Referring to his plan to preemptively send the Senate a House-passed bill, Speaker John Boehner told his conference this morning that he'd “rather throw a grenade than catch a grenade.”  But with his right-wing troops abandoning him again it was the speaker left holding the bomb.
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Wall Street Journal:
It's time to wrap up this comedy of political errors.  —  The Beltway budget melodrama rolls on to its predictable and dreary end, with both sides now split over increasingly small differences.  None of this is worth a partial government shutdown, much less the risk of a debt default, and both sides are looking like losers.
Abby D. Phillip / ABC News:
Senate Leaders ‘Very Close’ to Debt, Shutdown Deal … With less than a day remaining before the debt limit is reached, Congress will need to work feverishly today to pass compromise legislation that would extend the debt ceiling and end the government shutdown.
Discussion: Politico, CNN, Hot Air, NBCNews and ABC News
Tom Cohen / CNN:
Will they make it?  Senate rushing deal before debt ceiling deadline  —  Washington (CNN) — The country crashes into the debt ceiling at midnight, and there is no deal yet in Washington.  —  The deal-making resumes Wednesday, as the government slides into day 16 of the shutdown.
Discussion: KTLA 5
Politico:
Markets expect a deal — they better get one  —  NEW YORK — Wall Street has so far mostly shrugged off the latest Washington political crisis, assuming an 11th hour deal will materialize to raise the debt limit and stave off a potentially ruinous default.  —  But if the final act …
Discussion: Taegan Goddard's …
Washington Post:
Senate leaders race to draft debt-limit bill after House effort collapses
Josh Barro / Business Insider:
House Republicans Show Themselves To Be Dangerously Incompetent, Again  —  House Republican leaders canceled plans to call a vote Tuesday evening on a Republican plan to raise the debt limit and reopen the government.  They couldn't round up enough Republican votes to pass it.
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Ajc Blogs: &lsquo:
Hearsay from Hillary Clinton: On Joe Biden and the Osama bin Laden raid  —  Former U.S. secretary of state Hillary Clinton was in town today.  A few Secret Squirrels, and some not so secret, agreed to be our sources, given that her speech to the National Association of Convenience Stores was encapsulated by a cone of silence.
Taegan Goddard's Political Wire:
Graham Admits Republicans Went Too Far  —  Sen. Lindsey Graham (R-SC) told TPM that he was “proud” of Speaker John Boehner's handling of the fiscal crisis but thought Democrats should have been more flexible with Republicans.  —  Said Graham: “We won't be the last political party to overplay our hand.
Discussion: The Impolitic
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Sahil Kapur / Talking Points Memo:   Senate Debt Deal Screeches To Halt As U.S. Looks Over The Cliff
Ben Smith / BuzzFeed:
Exclusive: Glenn Greenwald Will Leave Guardian To Create New News Organization  —  The reporter who broke the NSA story promises “a momentous new venture.”  A “very substantial new media outlet” with serious backing, he says.  Updated.  —  Greenwald in Rio de Janeiro in July.  —  Sergio Moraes / Reuters
Tom Kludt / Talking Points Memo:
McCain: ‘Republicans Have To Understand We Have Lost This Battle’  —  With the government shutdown in its third week and the United States dangerously close to the debt limit, Sen. John McCain (R-AZ) urged members of his party on Tuesday to stop digging.  —  “It's very, very serious,” McCain said, as quoted by the New York Times.
RELATED:
Alternet:
US Warned of Credit Downgrade as Republicans Inch Closer to the Brink
Discussion: Guardian
Jonathan Allen / Politico:
Obama vows veto over Vitter measure  —  President Barack Obama told House Democratic leaders Tuesday that he would veto debt-ceiling legislation if it includes a provision pushed by Sen. David Vitter (R-La.) and House GOP leaders that would cut health subsidies for congressional …
RELATED:
Ryan Lizza / News Desk:
Why Congressional Staffers Hate the Vitter Amendment
Ed Kilgore / Washington Monthly:
Three Theories of House GOP Brinkmanship—And One More  —  As we await the next development in the fiscal saga, it's worthwhile to look at three theories kicking around today for exactly why House Republicans are continuing to engage in economy-risking and popularity-damaging brinkmanship …
John Schwartz / New York Times:
Judge in Landmark Case Disavows Support for Voter ID  —  It is the kind of thought that rarely passes the lips of a member of the federal judiciary: I was wrong.  —  But there was Richard A. Posner, one of the most distinguished judges in the land and a member of the United States Court …
Discussion: BillMoyers.com
James Taranto / Wall Street Journal:
As Good as It Gets?  —  ObamaCare supporters go through the stages of grief.  —  In a much-discussed post titled “Five Thoughts on the ObamaCare Disaster,” the Washington Post's Ezra Klein manages to cycle through the first three of Elisabeth Kübler Ross's five stages of grief:  —  • Denial.
Discussion: CNBC, CNN and The Reaction
Dylan Scott / Talking Points Memo:
Senate GOP Aide: ‘Ted Cruz And His Tortilla Coast Republicans Are Leading Us To A Default’  —  With the possibility of breaching the debt limit looking more and more plausible as House Republicans struggle to appease their caucus and come up with a plan to re-open the government and increase the debt ceiling …
Discussion: Connecting.the.Dots
Paige Lavender / The Huffington Post:
Antonin Scalia: 14th Amendment Protects Everyone, Not ‘Only The Blacks’  —  During oral arguments on an affirmative action case on Tuesday, Supreme Court Justice Antonin Scalia said the 14th Amendment protects everyone, not “only the blacks.”  —  The quote was tweeted by the New York Times' David Leonhardt:
Discussion: Daily Kos, Mediaite and theGrio
Rick Newman / Yahoo Finance:
Washington Bickering Has Killed Nearly 1 Million Jobs  —  It's just a “partial” government shutdown.  Threats of a U.S. government default are overblown.  The federal government is too involved in the economy, anyway.  —  These are some of the excuses used to justify repeated standoffs in Washington over federal spending.
Discussion: Liberaland and democrats.com
Lacey Donohue / Gawker:
Joe Lhota Doesn't Want To Be Lumped In With National Republicans  —  The majority of Tuesday night's mayoral debate between Bill de Blasio and Joe Lhota was spent covering the usual topics: charter schools, taxes, small businesses, well-paying jobs, the income gap, and stop and frisk policies.
 
 
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 More Items: 
Tal Kopan / Politico:
Warren Buffett: No debt limit hike ‘poison gas’
Discussion: Associated Press and Liberaland
Snapchat:
Who Can View My Snaps and Stories
Discussion: Guardian, BBC and Mashable
Thomas B. Edsall / New York Times:
The Political-Monetary Complex
Discussion: Prairie Weather
Lizette Alvarez / New York Times:
Felony Counts for 2 in Suicide of Bullied 12-Year-Old
Discussion: Vox Popoli, NPR and Gawker
Elizabeth Titus / Politico:
Chris Christie discusses gay marriage
Discussion: CNN, Pat Dollard and Weasel Zippers
Investor's Business Daily:
ObamaCare, Like All Central Planning, Is A ‘Big Failure’
Discussion: Ed Driscoll
Mark Landler / New York Times:
Seeing Its Own Money at Risk, China Rails at U.S.
 Earlier Items: 
Susanna Kim / ABC News:
Walmart Says Food Stamp Shopping Spree Was ‘Right Choice’
Evan McMorris-Santoro / BuzzFeed:
“Tea-Tard” Sign At OFA Protest Draws Bipartisan Condemnation From House Disabilities Caucus
Discussion: Talking Points Memo and Politico
Bloomberg:
Boehner to Tea Party: Shut Yourself Down
Discussion: theGrio and Right Wing Watch
Neil Irwin / Wonkblog:
Robert Shiller: 'When I look around I see a lot of foolishness, and I can't believe it's not important economically'
Discussion: Calculated Risk
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B

Sudz Niel Kar / MyHealthyApple:
Apple Watch's AFib history feature gets FDA approval for use in clinical studies, the first digital health tech qualified under FDA's MDDT program

Ashley Stewart / Business Insider:
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more

 
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