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12:50 PM ET, July 3, 2009

memeorandum

 Top Items: 
Octavio Sánchez / Christian Science Monitor:
A ‘coup’ in Honduras?  Nonsense.  —  Don't believe the myth.  The arrest of President Zelaya represents the triumph of the rule of law.  —  TEGUCIGALPA, HONDURAS -  —  Sometimes, the whole world prefers a lie to the truth.  The White House, the United Nations, the Organization of American States …
RELATED:
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.
Discussion: Fausta's Blog and Erick's blog
James Kirchick / NY Daily News:
Obama ‘meddles’ in Honduras — and chooses the wrong side  —  President Barack Obama has made it clear that he does not want the United States to be seen as “meddling” in Iran's internal politics.  Never mind that the Islamic Republic has been “meddling” in our affairs for the past three decades …
Tracy Wilkinson / Los Angeles Times:
Honduras' de facto leader open to early elections
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 …
RELATED:
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.
Ceci Connolly / Washington Post:
Obama, Party Tout Lower Figure for Health Reform  —  Senate Democrats and President Obama, trying to assuage fears about the cost of health reform, yesterday touted new estimates that put the price tag for one bill at $611 billion over the next decade.  —  But the measure drafted …
Discussion: Commentary
RELATED:
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 …
Discussion: The Big Picture and Cafe Hayek
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
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
David Brooks / New York Times:
Chinese Fireworks Display  —  On July Fourth, we think about our country and its future.  But these days it's impossible to think about America and its future role in the world without also thinking about China.  This was the subject of a combative discussion this week at the Aspen Ideas Festival.
Discussion: James Fallows, Media Blog and marbury
Paul Krugman:
Smells like deflation  —  The grim jobs number wasn't the only scary thing in today's BLS report.  Here's the rate of wage change over the past three months, expressed as an annual rate: Bear in mind that inflation usually runs below the rate of wage change, thanks to productivity growth.
Discussion: Don Surber
Peter Berkowitz / Weekly Standard:
Bibi's Choice  —  Israel approaches a moment of decision on Iran's nuclear threat.  —  Don't be misled by how little was said about Iran in the major speeches recently delivered by President Barack Obama at Cairo University and Israeli prime minister Benjamin Netanyahu at Bar-Ilan University.
Discussion: Israel Matzav and Power Line
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”.
Catherine Clifford / CNNMoney.com:
Seven banks fail, pushing 2009 tally to 52  —  Regulators close six Illinois banks and one Texas bank, setting the FDIC back a total of $314.3 million.  —  NEW YORK (CNNMoney.com) — Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.
Discussion: The Page and AMERICAblog News
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 …
Frederik Pleitgen / CNN:
Survivor still haunted by 1971 air crash  —  MUNICH, Germany (CNN) — Juliane Koepcke is not someone you'd expect to attract attention.  Plainly dressed and wearing prescription glasses, Koepcke sits behind her desk at the Zoological Center in Munich, Germany, where she's a librarian.
CNBC.com:
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.
Byron York / Washington Examiner:
Battle lines drawn in AmeriCorps IG scandal  —  Key Republicans in both the House and the Senate are accusing the White House of giving “incomplete and misleading” information to investigators probing the president's abrupt firing of AmeriCorps Inspector General Gerald Walpin.
Allahpundit / Hot Air:
New GOP ad: The stimulus isn't working  —  From Boehner's office, an odd, hokey first effort at pushing a meme that could deliver the House to the GOP if it's still true next November.  There's too much in the way here to focus on the message — split-screen, soundtrack, cornpone narrator …
Bill Mears / CNN:
Judge admonished for explicit pics on Web site  —  WASHINGTON (CNN) — A judicial council on Thursday admonished the chief judge of the nation's largest federal appeals court for having “sexually explicit photos and videos” on his personal Web site, but decided against any further punishment.
Discussion: JONATHAN TURLEY
Robert G. Kaiser / Washington Post:
Book Review: ‘The Waxman Report’ by Henry Waxman  —  How Congress Really Works By Henry Waxman with Joshua Green  —  Twelve.  235 pp.  $24.99  —  Henry Waxman is to Congress what Ted Williams was to baseball — a natural.  As you read this nicely proportioned, fast- paced book …
Barbara Hollingsworth / Washington Examiner:
Now they want Reagan's name off the airport  —  At Wednesday's Metropolitan Washington Airports Authority Board meeting, chairman H.R. Crawford - a former District Council member and Marion Barry confidante - told fellow Board members that he has heard talk on Capitol Hill …
A. G. Sulzberger / New York Times:
Bias Suit a Test of Resolve for Hispanic Man  —  NEW HAVEN — The two dozen firefighters who packed into Humphrey's East Restaurant were celebrating a coming marriage, drinking and jawboning in the boisterous style of large men with risky jobs, but Lt. Ben Vargas spent the evening trying to escape the tension surrounding his presence.
Discussion: AmSpecBlog
 
 
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 More Items: 
Harmeet Shah Singh / CNN:
Thrown pig leads to religious riots in India
Discussion: The Jawa Report
Charlie Savage / The Caucus:
Republicans Question Sotomayor's Role in Puerto Rican Group's Legal Battles
Andrew Grice / The Independent:
Exclusive: ‘Get real’ - Darling warns the bankers
Discussion: AMERICAblog News and Guardian
Kenneth Anderson / The Volokh Conspiracy:
Defining Snark: I have been reading David Denby's book, Snark.
Troy Patterson / Slate:
Fireworks Suck
Discussion: The Opinionator
 Earlier Items: 
The New Republic:
Make the Ask  —  This magazine has made no secret of its high regard for Barack Obama.
Discussion: The Moderate Voice
Hooman Majd / The New Republic:
Dawn of the Revolt
Peter Hamby / CNN:
Sanford book deal falls through