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1:55 PM ET, July 12, 2010

memeorandum

 Top Items: 
Myglesias / Matthew Yglesias:
Debt Commission Eying Mostly-Cuts Package  —  The latest from the Obama administration's deficit commission: … That sounds like a classic pleases no one, goes nowhere package.  Since it includes tax increases, zero Republicans will vote for it.  But since it's mostly weighted to spending cuts, most Democrats will reject it.
RELATED:
Dan Balz / Washington Post:
Obama's debt commission warns of fiscal ‘cancer’  —  BOSTON — The co-chairmen of President Obama's debt and deficit commission offered an ominous assessment of the nation's fiscal future here Sunday, calling current budgetary trends a cancer “that will destroy the country from within” unless checked by tough action in Washington.
Ezra Klein:   Jon Kyl gives away the game on deficits
The Huffington Post:
Jon Kyl: Extend Bush Tax Cuts For Wealthy Even If They Add To Deficit
Discussion: Washington Monthly and The Hill
Mike Flynn / Big Government:
Democrats Gone Wild: Rep. Ciro Rodriguez Loses It  —  I've often noted that I expect this to be a long, hot summer.  The mid-term elections are inching closer and Democrats are having to finally admit that they are in real political trouble.  For those keeping score at home, let's recap …
RELATED:
Bbtv / Breitbart.tv:   Another Democrat Congressman Loses Temper on Camera
Abby Goodnough / New York Times:
Governors Voice Grave Concerns on Immigration  —  BOSTON — In a private meeting with White House officials this weekend, Democratic governors voiced deep anxiety about the Obama administration's suit against Arizona's new immigration law, worrying that it could cost a vulnerable Democratic Party in the fall elections.
RELATED:
Fox News:
Governors: Obama's Immigration Suit Is ‘Toxic’
Discussion: NewsReal Blog and The Reaction
Dave Itzkoff / ArtsBeat:
Polanski Is Free After Swiss Reject U.S. Extradition Request  —  Updated  —  Article: Swiss Reject U.S. Request to Extradite Polanski  —  The justice ministry of Switzerland said on Monday that it had denied a request to extradite the director Roman Polanski to the United States …
RELATED:
Edward Cody / Washington Post:
Roman Polanksi freed after Swiss reject U.S. extradition request
Discussion: TalkLeft and Commentary
Ross Douthat / New York Times:
The Class War We Need  —  The rich are different from you and me.  They know how to game the system.  —  That's one interpretation, at least, of last week's news that Americans with million-dollar mortgages are defaulting at almost twice the rate of the typical homeowner.
Stan Cox / Washington Post:
In the heat wave, the case against air conditioning  —  Washington didn't grind to a sweaty halt last week under triple-digit temperatures.  People didn't even slow down.  Instead, the three-day, 100-plus-degree, record-shattering heat wave prompted Washingtonians to crank …
Kenneth P. Vogel / The Politico:
SarahPAC steps into the big leagues  —  A new financial report filed Sunday evening showed Sarah Palin's political action committee has taken its fundraising to a higher level - and suggests that she has begun building a more sophisticated political operation in place of a bare-bones organization …
RELATED:
Reid Wilson / Hotline On Call:
What Palin's Haul Says  —  Ex-AK Gov. Sarah Palin's political …
Discussion: The Daily Dish and Commentary
Shane D'Aprile / Ballot Box:
Palin's PAC raises nearly $900,000 in second quarter
Discussion: CNN, Swampland and Politics Daily
Jake Sherman / The Politico:
GOP ‘Young Guns’ to release book  —  Three top House Republicans are set to release a book this fall about the future of conservative politics, placing a younger set of GOP lawmakers center stage as the party makes its final push to win control of the House.
RELATED:
Michael O'Brien / The Hill:
Top Republicans want all tax cuts extended
Discussion: Wonk Room
Michael O'Brien / The Hill:
Cantor predicts GOP takeover of House
Discussion: Washington Post
First Read / msnbc.com:
First thoughts: House play
Washington Post:
Historic oil spill fails to produce gains for U.S. environmentalists  —  For environmentalists, the BP oil spill may be disproving the maxim that great tragedies produce great change.  —  Traditionally, American environmentalism wins its biggest victories after some important piece …
Eric Zimmermann / The Hill:
Brown to support Wall Street reform; Dems edge closer to 60  —  Sen. Scott Brown (R-Mass.) announced Monday he will vote for Wall Street reform when it comes up for a final vote, all but assuring Democrats the 60 votes they need to pass the legislation.  —  Brown voted for the bill …
RELATED:
Ben Smith / Ben Smith's Blog:
Brown the new McCain, cont'd
Discussion: FrumForum
Paul Krugman / New York Times:
The Feckless Fed  —  Back in 2002, a professor turned Federal Reserve official by the name of Ben Bernanke gave a widely quoted speech titled “Deflation: Making Sure ‘It’ Doesn't Happen Here.”  Like other economists, myself included, Mr. Bernanke was deeply disturbed by Japan's stubborn …
Joanna Connors / Metro:
Cleveland comic-book legend Harvey Pekar dead at age 70  —  CLEVELAND HEIGHTS, Ohio — Harvey Pekar's life was not an open book.  It was an open comic book.  —  Pekar chronicled his life and times in the acclaimed autobiographical comic-book series, “American Splendor,” portraying himself as a rumpled …
Lydia Saad / Gallup:
Americans Unsure About “Progressive” Political Label  —  More than twice as many say label does not describe them as say it does  —  PRINCETON, NJ — Gallup polling reveals widespread public uncertainty about the “progressive” political label — a label recently embraced by no less than Supreme Court nominee Elena Kagan.
Discussion: AmSpecBlog
RELATED:
Thomas Rhiel / TPMDC:   Poll: Majority Of Americans Not Quite Sure What ‘Progressive’ Means
Ezra Klein:
Wasted interviews  —  This New York Times article on Paul Volcker's view of the financial regulation bill is clearly and proudly set around a wide-ranging, on-the-record interview with Volcker himself.  But that interview, aside from a few isolated quotes, is nowhere to be found.
Persian2English:
26 Year Old Woman Raped and Murdered by Basij Members for “Bad Hijab”  —  ACT NOW |  Stoning, Rape and Execution of Women is Bad Gender Policy; It is Time to Remove the Islamic Republic from the UN Commission on the Status of Women  —  According to sources, this was the last picture Elnaz Babazadeh uploaded …
Discussion: Weasel Zippers and Atlas Shrugs
Adam Serwer / American Prospect:
When Was The New Black Panther Case Downgraded?  —  I did an interview with New York Daily News Columnist Errol Louis about the New Black Panther Party case today and realized that there's a specific data point that has been lost in all the breathless coverage of this case and whether …
Eileen Aj Connelly / Associated Press:
More Americans' credit scores sink to new lows  —  NEW YORK - The credit scores of millions more Americans are sinking to new lows.  —  Figures provided by FICO Inc. show that 25.5 percent of consumers — nearly 43.4 million people — now have a credit score of 599 or below, marking them as poor risks for lenders.
Discussion: Don Surber and AMERICAblog News
 
 
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 More Items: 
Jules Crittenden:
Capitulation  —  What's that Genghis Khan quote about besting one's adversaries?
Discussion: Hot Air and Riehl World View
Dr Wes / Dr. Wes:
The End of “Rescue Medicine”
Discussion: Fox News, protein wisdom, UPI and Newsalert
Richard Pérez-Peña / New York Times:
New Jersey Governor Defies Political Expectations
Discussion: Townhall.com and James Pethokoukis
Laura Myers / Las Vegas Review-Journal:
GOP's Angle rejects political makeover
Discussion: ABCNEWS, Ballot Box and TPMDC
msnbc.com:
Al-Qaida-linked militants claim Uganda blasts
Steve Benen / Washington Monthly:
REPUBLICANS JUST DON'T LIKE THE UNEMPLOYED, CONT'D. …
Discussion: Philly.com and The New Republic
 Earlier Items: 
E.S. Browning / Wall Street Journal:
Small Investors Flee Stocks, Changing Market Dynamics
Discussion: Felix Salmon and The Daily Dish
Myglesias / Matthew Yglesias:
McCain's Consistency  —  Jacob Weisberg is re-evaluating …
Jill Lawrence / Politics Daily:
Seven Things Republicans Were For Before They Were Against Them
Washington Post:
Survey says: Federal workers are glad to have their jobs
Discussion: Federal Eye
Jack Ewing / New York Times:
Crisis Awaits World's Banks as Trillions Come Due
Discussion: Firedoglake
The Politico:
Doctors' lobby losing clout on Hill
Discussion: Hot Air and OpenSecrets.org