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4:05 PM ET, July 3, 2009


 Top Items: 
Gov. Sarah Palin to resign her office  —  Updated:  —  ANCHORAGE, Alaska — Gov. Sarah Palin will resign her office in a few weeks, she said during a news conference at her Wasilla home Friday morning.  —  Lt. Gov. Sean Parnell will be inaugurated at the Governor's Picnic at Pionner Park …
Jonah Goldberg / National Review:
A Letter to Sarah  —  You're blowing it.  —  We haven't met, but you might remember I was one of the first columnists to tout you for John McCain's running mate.  I cheered you mightily when Senator McCain selected you, and I still believe that you were the smartest choice he could have made given the obstacles before him.
First on the Ticker: Palin will not run for re-election  —  WASHINGTON (CNN) - Alaska Gov. Sarah Palin is expected to announce Friday that she will not seek a second term, three sources tell CNN.  —  Palin has scheduled a 3 p.m. ET news conference at her home in Wasilla.
Jonathan Martin / Ben Smith's Blog:
GOP sources: Palin won't run for re-election  —  Alaska Gov. Sarah Palin has told associates that she will not seek re-election next year, freeing her to pursue a White House bid in 2012, according to two GOP sources.  —  Palin is to make her decision known later this afternoon from her home …
Discussion: Joe. My. God.
Jonathan Martin / Ben Smith's Blog:
Palin to make announcement from Wasilla at 3  —  Alaska Gov. Sarah Palin will make what her office is only calling an “announcement” at 11 AM local (3 Eastern) from her home in Wasilla.  —  Speculation is raging both in Alaska and in the Lower 48 that she'll reveal her plans regarding next year's gubernatorial race.
Jonah Goldberg / The Corner:
My Letter To Sarah Palin
Jonathan Martin / Ben Smith's Blog:   The world awaits (and speculates about) Palin announcement
Paul Krugman / New York Times:
That '30s Show  —  O.K., Thursday's jobs report settles it.  We're going to need a bigger stimulus.  But does the president know that?  —  Let's do the math.  —  Since the recession began, the U.S. economy has lost 6 ½ million jobs — and as that grim employment report confirmed …
Paul Krugman:
Secrets of the WSJ  —  This morning's Wall Street Journal opinion section contains a lot of what one expects to see.  There's an opinion piece making a big fuss over the fake scandal at the EPA.  There's an editorial claiming that the latest job figures prove the failure of Obama's economic plan — something I dealt with in the Times.
Wall Street Journal:
The EPA Silences a Climate Skeptic  —  The professional penalty for offering a contrary view to elites like Al Gore is a smear campaign.  —  Printer  —  Friendly  —  Wherever Jim Hansen is right now — whatever speech the “censored” NASA scientist is giving — perhaps he'll find time to mention the plight of Alan Carlin.
Macon Telegraph:
ERICKSON: Who cares about Honduras?  —  Barack Obama has fundamentally shifted our foreign policy away from our own national interests in Honduras.  He aligns us with the interests of Hugo Chavez, Fidel Castro and a long list of South American drug cartels.
William A. Jacobson / Le·gal In·sur·rec· tion:
Let them come to Tegucigalpa
Discussion: Gateway Pundit
R. Jeffrey Smith / Washington Post:
Court Filing Shows Evidence Cheney Swayed White House Response to CIA Leak  —  Discussions of CIA Agent Listed in Filing  —  A document filed in federal court this week by the Justice Department offers new evidence that former vice president Richard B. Cheney helped steer …
Shlomo Shamir / Haaretz:
Report: U.S. to block Iran sanctions at G8 summit  —  The United States is opposed to enacting a new set of financial sanctions against Iran that are due to be discussed in the G8 summit next week, diplomatic officials in New York reported Friday.  —  According to officials, sanctions against Iran are expected to top the G8's agenda.
Myglesias / Matthew Yglesias:
Al Franken, Policy Wonk  —  Amy Klobuchar (D-MN) welcomed her new colleague Al Franken to the Senate with a fairly rude remark: “It's important he go against the grain of his past career and really get to know the issues.”  As Jon Chait says: … I have met Franken, years ago …
Discussion: New York Times
New York Times:
Iran Cleric Says British Embassy Staff to Stand Trial  —  PARIS — Brushing aside British and European efforts to seek the release of local British Embassy staff members held in Tehran, the Iranian authorities indicated Friday that they planned to put some of them on trial …
British embassy staff in Iran ‘face trial’
Discussion: Truthdig
Stan Liebowitz / Wall Street Journal:
New Evidence on the Foreclosure Crisis  —  Zero money down, not subprime loans, led to the mortgage meltdown.  —  Printer  —  Friendly  —  What is really behind the mushrooming rate of mortgage foreclosures since 2007?  The evidence from a huge national database containing millions …
Jeffrey M. Jones / Gallup:
Obama Honeymoon Continues; 7 Months Is Recent Average  —  Earlier honeymoons lasted an average of 26 months  —  PRINCETON, NJ — Presidents typically enjoy positive approval ratings during the early stages of their presidencies, commonly known as the “honeymoon” period.
Discussion: The Swamp and Poll Tracker
Chris Cillizza / The Fix:
Kristol vs Schmidt, Round 2  —  The war of words between conservative columnist Bill Kristol and Steve Schmidt, former campaign manager for John McCain's 2008 presidential bid, has ensnared another senior adviser, Mark Salter, who has come to Schmidt's defense after a recent appearance by Kristol on “Fox & Friends”.
Discussion: The Reaction and The Daily Dish
Rafael Noboa Rivera / SEIU:
Nebraskans Greet Sen. Johanns...And His Staff Calls the Cops.  —  One day before we celebrate the birth of our nation, Nebraskans gathered at a scheduled healthcare roundtable to call on Senator Johanns to support an American solution to our healthcare crisis.
Nick Gillespie / Reason:
You Know The Real Reason Why Time Mag Is Going Down the Drain?  The Content!  —  For all the tears that get shed over the beginning of the middle of the end for Mr. Luce's mag and newsweeklies in general, one obvious explanation generally gets glossed over: They are mostly written …
Discussion: Pajamas Media and Fausta's Blog
Financial Times:
‘Rogue broker’ blamed for oil spike  —  The startling spike in oil prices to their highest level this year on Tuesday was caused by a rogue broker who placed a massive bet in the Brent oil market, triggering almost $10m (€7m) of losses for his company.  —  PVM Oil Associates …
Julia Preston / New York Times:
U.S. Shifts Strategy on Illicit Work by Immigrants  —  Immigration authorities had bad news this week for American Apparel, the T-shirt maker based in downtown Los Angeles: About 1,800 of its employees appeared to be illegal immigrants not authorized to work in the United States.
Patrick O'Connor / The Politico:
Climate vote threatens Dems' careers  —  ALTON, Va. — Rep. Thomas Perriello relishes an energy fight with Republicans — even here in the rural Southside.  —  The freshman lawmaker understands the potential consequences that he and other vulnerable Democrats face for backing …
Matt Taibbi / Rolling Stone:
The Great American Bubble Machine  —  Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression  —  In Rolling Stone Issue 1082-83, Matt Taibbi takes on “the Wall Street Bubble Mafia” — investment bank Goldman Sachs.
NY City Apartment Sales Down More Than 50%  —  Manhattan apartment sales plunged more than 50 percent and the average price dropped 21.4 to 24 percent from a year ago, as the U.S. recession forced many who own a piece of the Big Apple to eat humble pie, several reports said.
Stephanie Simon / Wall Street Journal:
Christian Left Mounts Political Campaigns  —  Randy Brinson, a conservative political consultant in Alabama, has been fielding anxious calls for weeks from business interests across the South.  —  Their concern is massive ad blitz on Christian and country-music stations across 10 states.
Discussion: Macsmind and Right Wing News
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 More Items: 
Jonathan Martin / Ben Smith's Blog:
Second S.C. congressman calls on Sanford to step down
Discussion: Hot Air and The Page
Ben Smith / Ben Smith's Blog:
Powell as CW monitor
Discussion: The Swamp
David Brooks / New York Times:
Chinese Fireworks Display
Discussion: James Fallows, Media Blog and marbury
Harmeet Shah Singh / CNN:
Thrown pig leads to religious riots in India
Discussion: The Jawa Report
A. G. Sulzberger / New York Times:
Bias Suit a Test of Resolve for Hispanic Man
Discussion: Power Line and AmSpecBlog
 Earlier Items: 
Byron York / Washington Examiner:
Battle lines drawn in AmeriCorps IG scandal
Robert G. Kaiser / Washington Post:
Book Review: ‘The Waxman Report’ by Henry Waxman
Catherine Clifford /
Seven banks fail, pushing 2009 tally to 52
Discussion: The Page and AMERICAblog News
Paul Krugman:
Smells like deflation  —  The grim jobs number wasn't the only …
Discussion: Don Surber