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2:40 PM ET, July 15, 2010

memeorandum

 Top Items: 
The Politico:
Why President Obama loses by winning  —  The imminent passage of financial reform, just a couple months after the passage of comprehensive health care, should decisively end the narrative that President Obama represents a Jimmy Carter-style case of naïve hope crushed by the inability to master Washington.
RELATED:
Greg Sargent / The Plum Line:
Politico's theory: Liberal bloggers don't care if Dems sustain large losses this fall  —  I'm probably a sucker for biting on this attack on the liberal blogosphere from Poiltico top-dog editors John Harris and Jim VandeHei, but this is so divorced from reality that it really shouldn't go unanswered:
Jia Lynn Yang / Washington Post:
Companies pile up cash but remain hesitant to add jobs  —  Corporate America is hoarding a massive pile of cash.  It just doesn't want to spend it hiring anyone.  —  Nonfinancial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession.
Paul Kane / Washington Post:
House Democrats hit boiling point over perceived lack of White House support  —  House Democrats are lashing out at the White House, venting long-suppressed anger over what they see as President Obama's lukewarm efforts to help them win reelection — and accusing administration officials …
Wall Street Journal:
Three Million Imaginary Jobs  —  The White House says the stimulus worked beyond even its hopes.  Seriously.  —  It may be that the last people in America who believe that the $862 billion economic stimulus of February 2009 created millions of net new jobs are Vice President Joe Biden and the staff economists in the White House.
Russell Berman / The Hill:
Pelosi blames Senate delays for bleak election year landscape
Discussion: The Politico
The Politico:
At W.H., Pelosi leverages tension
Discussion: CNN, The Hill and The Hill
Conservative Generation / Left Coast Rebel:
(Bumped) Think Progress proves the Tea Party is not racist by posting video of racists not in the Tea Party  —  The claims of racism in the Tea Party movement are so overblown and unsubstantiated that the best Think Progress could do to prove racism was post a video of four supposed racist Tea Partiers.
RELATED:
Confederate Yankee:   Think Progress Caught Using Liberal-Manufactured Signs From …
David M. Herszenhorn / New York Times:
Financial Overhaul Clears a Final Senate Hurdle  —  WASHINGTON — A broad overhaul of the nation's financial regulatory system, intended to address the causes of the 2008 economic crisis and rewrite the rules for a more complex — and mistrustful — era on Wall Street, cleared one last procedural hurdle …
Discussion: DealBook and Indecision Forever
RELATED:
Matthew Jaffe / ABCNEWS:
Wall Street Overhaul Rolls Toward Final Passage In Senate
David W. Dunlap / City Room:
18th-Century Ship Found at Trade Center Site  —  In the middle of tomorrow, a great ribbed ghost has emerged from a distant yesterday.  —  On Tuesday morning, workers excavating the site of the underground vehicle security center for the future World Trade Center hit a row of sturdy …
RELATED:
Guardian:   Ground Zero diggers find ship's hull
Karl Rove / Wall Street Journal:
My Biggest Mistake in the White House  —  Failing to refute charges that Bush lied us into war has hurt our country.  —  Seven years ago today, in a speech on the Iraq war, Sen. Ted Kennedy fired the first shot in an all-out assault on President George W. Bush's integrity.
Tom Jensen / Public Policy Polling:
Pretty Bad 2012 numbers for Obama  —  With his approval numbers hitting new lows it's no surprise that Barack Obama's numbers in our monthly look ahead to the 2012 Presidential race are their worst ever this month.  He trails Mitt Romney 46-43, Mike Huckabee 47-45, Newt Gingrich 46-45, and is even tied with Sarah Palin at 46.
Rep. Michele Bachmann / The Politico:
Thank you, Sarah Palin  —  I would like to take this opportunity and thank the author who has taken note to our successful fund-raising quarter.  Every donor is a blessing and symbolizes the hope I hold that we can and will get our country back on the right track.
Discussion: FrumForum
RELATED:
John R. Emshwiller / Wall Street Journal:
Senate VIP Loans Mount  —  Countrywide Dealt With More Lawmakers and Staffers Than Previously Known  —  Angelo Mozilo, former Countrywide Financial chairman  —  U.S. senators or Senate employees received 30 loans—far more than had previously been known—under a controversial lending program …
RELATED:
Alexei Barrionuevo / New York Times:
Argentina Approves Gay Marriage  —  BUENOS AIRES — Argentina's Senate narrowly approved a measure early on Thursday authorizing same-sex marriages, making Argentina the first country in Latin America to allow gay couples to wed.  —  After 15 hours of debate, the Senate voted 33 to 27 …
RELATED:
TheDenverChannel.com:
Researcher Says Scott McInnis Lied  —  Rolly Fischer: I Didn't Know He Was Making Money On Articles  —  Tom Burke and Arthur Kane and John Ferrugia , CALL7 Investigators  —  GLENWOOD SPRINGS — The man Scott McInnis blamed for the plagiarized material in an article on water rights told …
RELATED:
Karen E. Crummy / Denver Post:
Colorado Republicans scrambling for options
Discussion: TPMDC, msnbc.com and Washington Monthly
Mark Halperin / Time:
Sarah Palin in '12?  Why She's for Real  —  The music swells and then picks up tempo.  Sarah Palin is talking about how 2010 will be the year that “commonsense conservative women get things done for our country.”  She's worried about “these policies coming out of D.C. right now …
Discussion: Taylor Marsh and The Page
The Daily Caller:
The Daily Caller acquires KeithOlbermann.com  —  The Daily Caller, one of the fastest-growing online media properties, announced today its acquisition of KeithOlbermann.com, expanding the company's global reach into a new segment of the online political market.
Annie Lowrey / The Washington Independent:
In Dodging a Budget Vote, Dems Take Reconciliation Off the Table  —  Decision Could Preclude a Jobs Bill Next Year … On Tuesday, the Treasury Department announced that the country's deficit had hit the $1 trillion mark just nine months into the fiscal year.
Ezra Klein:
Do conservatives care about the deficit?  Do Democrats?  —  Matt Yglesias asks the question and assembles some evidence.  The two modern conservative presidents, George W. Bush and Ronald Reagan, “both presided over massive increases in both present and projected deficits.”
CNBC:
Economic Recovery Showing New Signs of Losing Steam  —  Investors got a strong dose of sobering economic news Thursday as several key manufacturing indexes show that the recovery is losing steam.  —  The few bright spots: New claims for jobless benefits fell to their lowest level in nearly two years …
Discussion: Firedoglake and Matthew Yglesias
Lydia Saad / Gallup:
Economic Confidence Heading Further Down in July  —  Americans' outlook for the economy has grown progressively worse since April  —  PRINCETON, NJ — Gallup Daily tracking finds Americans' confidence in the economy significantly lower so far in July than in June.  And confidence in June was, in turn, down from May.
New York Times:
Economics Behaving Badly  —  IT seems that every week a new book or major newspaper article appears showing that irrational decision-making helped cause the housing bubble or the rise in health care costs.  —  Such insights draw on behavioral economics, an increasingly popular field …
Brian Maloney / The Radio Equalizer:
MSNBC Host Calls Reid ‘Ball-less’  —  ANOTHER MELTDOWN  —  Libtalker: ‘Shove Those (GOP) Bastards Into The Dirthole’  —  All week, the big question has been whether Democrats are truly imploding, or simply projecting that image to reduce electoral expectations and create complacent Republicans.
Kim Chipman / Bloomberg:
Americans in 73% Majority Oppose Deepwater Drilling Ban  —  Most Americans oppose President Barack Obama's ban on deepwater oil drilling in response to BP Plc's Gulf of Mexico spill, even as they hold the company primarily responsible for the incident.  —  Almost three-fourths, or 73 percent …
Dean Baker / TPMCafe:
Erskine Bowles and the Price of Ignorance: $335,000 a Year  —  Erskine Bowles is one of the co-chairman of President Obama's deficit commission.  He gained notoriety recently by revealing the fact that he had no clue as to the size of the country's deficit problem even after engaging …
 
 
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 More Items: 
Beth Reinhard / Naked Politics:
Jeff Greene raises $3,036, spends $5.8 million
Discussion: The Daily Caller
The Huffington Post:
The Bush Revival: How Jeb, Rove, Gillespie Are Leading The GOP Again
Ben Geman / The Hill:
Klobuchar pushes renewable power, biofuels measures ahead of energy debate
Discussion: The Atlantic Online and Open Left
NPR:
Companies In U.S. Reluctant To Spend
Pete Du Pont / Wall Street Journal:
Hillary Clinton for President
Discussion: Mediaite and The War Planner
Arlen Specter / United States Senator Arlen Specter …:
‘Kagan did just enough to win my vote’
Discussion: CNN, The Swamp, TPMDC and Pennsylvania Ave.
 Earlier Items: 
Alex Altman / Time:
TIME Poll: Voters Like Obama More Than His Domestic Policies
Krissah Thompson / Washington Post:
2008 voter-intimidation case against New Black Panthers a political bombshell
Chris Geidner / Poliglot:
DC Court of Appeals Upholds Decision Denying Marriage Initiative
Discussion: Ben Smith's Blog and Open Left
First Read / msnbc.com:
First thoughts: Super freak (out)
Eric Boehlert / The Huffington Post:
When Does Fox News' Ugly Race Baiting Become The Story?
Mark Hemingway / Beltway Confidential:
Democrats block amendment to ensure press access to oil spill