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7:40 AM ET, July 16, 2010

memeorandum

 Top Items: 
The Huffington Post:
Tim Geithner Opposes Nominating Elizabeth Warren To Lead New Consumer Agency  —  What's Your Reaction: … Treasury Secretary Timothy Geithner has expressed opposition to the possible nomination of Elizabeth Warren to head the Consumer Financial Protection Bureau, according to a source with knowledge of Geithner's views.
RELATED:
The Atlantic Online:
Who Will Manchin Choose?  —  Good evening.  Tomorrow's most significant story might be the aftermath from two major explosions in southeast Iran that killed at least 20, including members of Iran's elite Revolutionary Guard.  The Jundallah, a Sunni rebel group based in Baluchistan …
New York Times:
Congress Passes Financial Oversight Reform  —  WASHINGTON — Congress approved a sweeping expansion of federal financial regulation on Thursday, reflecting a renewed mistrust of financial markets after decades in which Washington stood back from Wall Street with wide-eyed admiration.
Steven M. Davidoff / DealBook:
Finding a Good Financial Bill in 2,300 Pages
Wall Street Journal:
Law Remakes Financial Landscape
Discussion: Cafe Hayek
Sen. Ted Kaufman / The Huffington Post:
The Wall Street Reform Bill: How Much Did We Lose Getting to 60?
Discussion: Daily Kos and CNN
Kevin Drum / Mother Jones:
The Truth About Obama's Record
Washington Post:
Oil leak stopped for first time since April  —  BP said Thursday that it has stopped oil from leaking out of its blown-out well in the Gulf of Mexico.  The gusher has been throttled for the first time since the April 20 blowout on the drilling rig Deepwater Horizon.
RELATED:
New York Times:
Oil Spill Capped for a Second Day, Offering Some Hope
Discussion: The Page
Chris Cillizza / The Fix:
Gulf Oil spill fades as issue
Political Punch:
An Obama Administration Job for Sen. Specter?  —  Sources tell ABC News that Sen. Arlen Specter, D-Pennsylvania, has informed the White House that he would like to consider remaining in public service after his Senate term ends at the end of this session, and White House officials are keeping …
RELATED:
Jreid / The Reid Report:
“Tea partier” Mark Williams writes ‘letter to Abe Lincoln’ ... from the ‘coloreds’  —  If you're feeling pissy that the NAACP condemned your witch doctor signage and you're out to prove that your movement isn't racist, wouldn't it help not to actually say anything that might be construed as racist?
RELATED:
Mark Williams / MarkTalk.com News & Commentary:
NAACP Resolution: [National Association for the Advancement of] Colored People change minds about emancipation  —  Thursday 7/15: Scroll down for update video  —  Astonishing.  —  In every one of the dozens of interviews that I have done regarding the anti-Tea Party resolution passed …
DealBook:
Goldman Settles With S.E.C. for $550 Million  —  Updated Updated with confirmation of The New York Times's report about Goldman's $550 million settlement.  —  Goldman Sachs has agreed to pay $550 million to the Securities and Exchange Commission, one of the largest penalties ever paid by a Wall Street firm …
RELATED:
Wall Street Journal:
Goldman Settles Its Battle With SEC
Discussion: TPMCafe and Law Blog
Jim Hoft / Gateway Pundit:
Dem Rep Sheila Jackson Lee Tells NAACP: “All Those Who Wore Sheets a Long Time Ago Lifted Them Off to Wear Tea Party Clothing” (Applause!)  —  Representative Sheila Jackson Lee (D-TX) told the NAACP this week that those who wore sheets lifted them off and are now wearing tea party clothing.
RELATED:
Moe Lane:
They all look alike to Sheila Jackson-Lee (D, TX-18).
Discussion: Townhall.com
New York Post:
Attorney who helped terrorist gets 10 years in prison  —  A judge had resentenced a 70-year-old civil rights lawyer to 10 years in prison for letting a jailed Egyptian sheik communicate with his radical followers.  —  Federal Judge John Koeltl sentenced Lynne Stewart in Manhattan after she pleaded …
Discussion: Weasel Zippers
RELATED:
Associated Press:
NY lawyer gets 10-year term in terrorism case
Jonathan Martin / The Politico:
Mitt Romney leads 2012 Republican pack  —  With roughly 18 months to go until the Iowa caucuses, here's what the latest fundraising numbers and recent activity of potential 2012 Republican presidential candidates tell us: Mitt Romney is the traditional front-runner, Sarah Palin is a not-so-traditional force …
Discussion: The Page
RELATED:
Laura Myers / Las Vegas Review-Journal:
U.S. SENATE RACE: Reid takes lead on Angle  —  New poll shows Republican losing support among every voter group  —  U.S. Sen. Harry Reid has opened a strong lead over Republican opponent Sharron Angle after pummeling her in a ubiquitous TV and radio ad campaign that portrays the Tea Party favorite as …
Bbtv / Breitbart.tv:
Breitbart to NAACP Chief: ‘Go to Hell!’  —  “Let me say something a tad newsworthy to the president of the NAACP.  You can go to hell. ...  I have tapes...tape of racism and it's an NAACP dinner.  You want to play with fire?  I have evidence of racism and it's coming from the NAACP.”
Discussion: Say Anything
Walter Alarkon / The Hill:
Left vows to fight any fiscal panel proposals to cut Social Security  —  Liberals wary of cuts to Social Security benefits are taking on President Obama's fiscal commission, seeing it as a more serious threat to the entitlement program than President George W. Bush's push to privatize the system five years ago.
Discussion: The Politico
CNN:
Manhattan banker sentenced to 12 years for nearly $300 million fraud  —  New York (CNN) — Former political fundraiser Hassan Nemazee was sentenced Thursday to 144 months in prison, according to the U.S. Attorney's Office in New York and to the FBI.  —  Nemazee, 60, a New York resident pleaded guilty …
Mark Thoma / moneywatch.bnet.com:
The Dodd-Frank Financial Reform Bill  —  Legislation to reform the financial sector has cleared the House and the Senate, and the President is expected to sign the bill soon.  Here is a quick reaction highlighting some of the positives and negatives in the legislation:
RELATED:
Washington Post:
Senate passes financial overhaul bill
Eric Boehlert / Media Matters for America:
When does Fox News' ugly race-baiting become the story?  —  Amazing.  Bernie Goldberg and I actually agreed.  But only for a moment.  —  The conservative media critic appeared on The O'Reilly Factor this week while the host, like every other Fox News host and anchor …
Wall Street Journal:
Berwick: Bigger Than Kagan  —  If the American people want the health-care world Dr. Berwick wishes to give them, that's their choice.  But they must be given that choice.  —  Barack Obama's incredible “recess appointment” of Dr. Donald Berwick to head the Centers for Medicare and Medicaid Services …
Discussion: Beltway Confidential
RELATED:
Alexander Bolton / The Hill:
GOP retaliates for Berwick recess appointment to Medicare leadership post
Michael O'Brien / The Hill:
Scott Brown slams Kathy Griffin for calling daughters ‘prostitutes’  —  Sen. Scott Brown (R-Mass.) lashed out at comedienne Kathy Griffin on Thursday for describing his daughters as “prostitutes.”  —  Brown strongly condemned remarks Griffin made on CNN in which she mocks Brown's daughters, Ayla and Arianna.
 
 
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 More Items: 
Randal C. Archibold / New York Times:
Arizona Halts Photo Enforcement of Speed Laws
New York Times:
Bush Aide Says Some C.I.A. Methods Unauthorized
James Tozer / Daily Mail:
Shopping centre bosses approve ‘Asian squat toilets’ …
Discussion: Weasel Zippers and protein wisdom
DFrum / The Daily Dish:
What's the Mission? A Bleg
Discussion: Newsalert
Trainwrecks / RADAR:
EXCLUSIVE NEW AUDIO: Mel Gibson Completely Loses It: 'B*tch …
Susan Davis / Washington Wire:
GOP Has Money Momentum in Open Senate Races
Discussion: Beltway Confidential
Howard Berkes / NPR:
Massey Mine Workers Disabled Safety Monitor
Discussion: Coal Tattoo, Firedoglake and Wonk Room
 Earlier Items: 
KDVR:
GOP abandoning McInnis; candidate vows to fight on
Patrick Gavin / The Politico:
CARLSON LAUNCHES OLBERMANN SITE
Discussion: Salon and National Review
Alexander Bolton / The Hill:
Byrd's successor to take oath Tuesday
Peter Hamby / CNN:
Surprise player in Iowa GOP primary revealed
Discussion: Des Moines Register and Ballot Box
Rasmussen Reports:
Election 2010: Wisconsin Senate
John Hooper / Guardian:
Vatican: female ordination a crime
Discussion: Jezebel, The Reaction and Shakesville