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1:45 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.
Eric Zimmermann / The Hill:
Pelosi says she's satisfied with W.H.'s 2010 efforts
Discussion: The Politico, Swampland and The Hill
The Politico:
At W.H., Pelosi leverages tension
Discussion: The Hill and CNN
RELATED:
Confederate Yankee:   Think Progress Caught Using Liberal-Manufactured Signs From …
Huma Khan / ABCNEWS:
Tea Party Test: Conservative Movement's Strength Unclear in Midterm Elections
Discussion: The Note, The Politico and The Reaction
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
RELATED:
Matthew Jaffe / ABCNEWS:
Wall Street Overhaul Rolls Toward Final Passage In Senate  —  Three Republican Votes Key to Bill Momentum  —  “This crisis has reminded us that without a watchful eye, the market can spin out of control,” President Barack Obama said in his inaugural address in January 2009.
RELATED:
First Read / msnbc.com:
First thoughts: Super freak (out)
Jordan Fabian / The Hill:
McConnell: GOP ‘got our groove back’
Discussion: The Politico
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.
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:
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.
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 …
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:
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.
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 …
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
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.”
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.
Rick Green / CT Confidential:
Rob Simmons Jumping Back In Senate Race? :  Rick Green |  CT Confidential  —  The former CIA operative and member of the House of Representatives tells me it's looking more and more like he will revive his dormant campaign for Republican nomination for the U.S. Senate.
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.
Arlen Specter / United States Senator Arlen Specter …:
‘Kagan did just enough to win my vote’  —  USA TODAY  —  Washington, D.C.  —  Supreme Court nominee Elena Kagan did little to undo the impression that nominating hearings are little more than a charade in which cautious non-answers take the place of substantive exchanges.
Discussion: CNN, The Swamp, TPMDC and Pennsylvania Ave.
Chris Geidner / Poliglot:
DC Court of Appeals Upholds Decision Denying Marriage Initiative  —  The D.C. Court of Appeals issued its awaited decision in Bishop Harry Jackson's appeal of the D.C. Board of Elections and Ethics's decision that his proposed marriage initiative was an improper subject of an initiative.
Discussion: Ben Smith's Blog and Open Left
 
 
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 More Items: 
Lawrence Mishel / epi.org:
Corporate profits have recovered, but job market still depressed
Discussion: Ezra Klein
Dean Baker / TPMCafe:
Erskine Bowles and the Price of Ignorance: $335,000 a Year
Pete Du Pont / Wall Street Journal:
Hillary Clinton for President
Discussion: Mediaite and The War Planner
Celeste Katz / NY Daily News:
Gov. Paterson turns to higher power by wearing red string kabbalah …
Lydia Saad / Gallup:
Economic Confidence Heading Further Down in July
Discussion: YID With LID and The Foundry
Greg Berlin / DCCC:
The Stakeholder  —  My Prediction  —  Speaker Pelosi just sent …
Discussion: Washington Post
Alex Altman / Time:
TIME Poll: Voters Like Obama More Than His Domestic Policies
Discussion: Think Progress
 Earlier Items: 
Kim Chipman / Bloomberg:
Americans in 73% Majority Oppose Deepwater Drilling Ban
Krissah Thompson / Washington Post:
2008 voter-intimidation case against New Black Panthers a political bombshell
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
Washington Times:
Justice: Sanctuary cities safe from law
The Huffington Post:
Reid: Unemployment Benefits Extension Vote On Tuesday
Alejandro Lazo / Los Angeles Times:
U.S. home foreclosures reach record high in second quarter