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4:55 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 …
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.
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.
Palin will not seek re-election  —  WASILLA, Alaska - At an 11:00 a.m. press conference today, Governor Sarah Palin announced that she would not seek a second term as governor.  The governor continued, saying that by the end of the month she would resign from the governorship.
Palin stepping down as governor by end of July, not seeking re-election  —  WASHINGTON (CNN) — Gov. Sarah Palin announced Friday that she will step down as Alaska's chief executive by the end of the month.  She will not seek election to a second gubernatorial term in 2010.
Discussion: PoliBlog
Jonathan Martin / Ben Smith's Blog:
The world awaits (and speculates about) Palin announcement  —  Sarah Palin's allies are keeping, for now, a close hold on what exactly she'll be announcing from her home in Wasilla at about 3 Eastern today.  —  That said, there is much informed speculation (and it is speculation) …
Discussion: Balloon Juice
Associated Press:
Palin resigning as Alaska governor … WASILLA, Alaska (AP) - Alaska Gov. Sarah Palin says she will resign from office July 26.  —  Her spokesman wouldn't say why Palin decided to step down, but the announcement stirred speculation that she would focus on a bid for the 2012 Republican nomination for president.
Discussion: Pajamas Media and theblogprof
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.
Jonathan Martin / The Politico:
Palin announces resignation  —  Alaska Gov. Sarah Palin announced Friday that she was resigning her office later this month, a stunning decision that could free her to run for president more easily but also raises questions about her political standing at home.
Jonathan Martin / Ben Smith's Blog:
GOP sources: Palin won't run for re-election
Discussion: Joe. My. God.
Jonah Goldberg / The Corner:
My Letter To Sarah Palin
Mitchell L. Blumenthal / The Caucus:
Palin to Resign as Governor of Alaska
Discussion: Matthew Yglesias and The Plank
Kathryn Jean Lopez / The Corner:
Mother Palin  —  Who knows all the reasons — Todd and Sarah Palin …
Discussion: Atlas Shrugs
Paul Volpe / The Fix:
Palin To Resign, Focus on Presidential Run
Discussion: The Moderate Voice and TigerHawk
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.
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 …
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.
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 …
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.
Octavio Sánchez / Christian Science Monitor:
A ‘coup’ in Honduras? Nonsense.
Jon Ward / Washington Times:
Powell airs doubts on Obama agenda  —  Colin Powell, one of President Obama's most prominent Republican supporters, expressed concern Friday that the president's ambitious blitz of costly initiatives may be enlarging the size of government and the federal debt too much.
Ben Smith / Ben Smith's Blog:
Powell as CW monitor
Discussion: The Swamp
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
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
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 …
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 More Items: 
Peter Baker / New York Times:
Russia Opens Route for U.S. to Fly Arms to Afghanistan
New York Times:
Iran Cleric Says British Embassy Staff to Stand Trial
Financial Times:
‘Rogue broker’ blamed for oil spike
Matt Taibbi / Rolling Stone:
The Great American Bubble Machine
 Earlier Items: 
Chris Cillizza / The Fix:
Kristol vs Schmidt, Round 2
Discussion: The Reaction
David Brooks / New York Times:
Chinese Fireworks Display
Discussion: James Fallows, Media Blog and marbury
Byron York / Washington Examiner:
Battle lines drawn in AmeriCorps IG scandal
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