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9:45 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?
Simon Johnson / The Baseline Scenario:
Tim Geithner's Ninth Political Life
Discussion: Swampland and naked capitalism
New York Times:
Congress Passes Financial Oversight Reform
Steven M. Davidoff / DealBook:
Finding a Good Financial Bill in 2,300 Pages
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 …
RELATED:
Jordan Fabian / The Hill:
Reid grabs lead over Angle in latest poll  —  Senate Majority Leader Harry Reid (D-Nev.) holds a seven point lead over Republican challenger Sharron Angle in a poll released Friday.  —  The Las Vegas Review-Journal/Mason-Dixon poll shows that, if the election was held today, Reid would defeat Angle 44-37 percent.
Discussion: Ballot Box and Associated Press
J. Taylor Rushing / The Hill:
President's ally: Expectations were set too high after 2008  —  President Obama is suffering from expectations set too high by the historic presidential election of 2008, one of his closest allies in the Senate said Thursday.  —  In an interview with The Hill, Sen. Claire McCaskill (D-Mo.) …
Sheryl Gay Stolberg / New York Times:
News Analysis: Obama Pushes an Agenda, Disregarding Polls That Disapprove  —  WASHINGTON — If passage of the financial regulatory overhaul on Thursday proves anything about President Obama, it is this: He knows how to push big bills through a balky Congress.
RELATED:
Jonathan Martin / The Politico:
Early signs of 2012 power  —  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, and Tim Pawlenty is the early bird.
Discussion: The Page
Andy Barr / The Politico:
Palin aide swats Romney team
Discussion: Gallup and Hot Air
Jordan Fabian / The Hill:
DNC circulates memo on Capitol Hill plugging Dem advantage in elections
Discussion: The Politico and Weasel Zippers
New York Times:
Oil Spill Capped for a Second Day, Offering Some Hope  —  NEW ORLEANS — The hemorrhaging well that has spilled millions of gallons of oil into the Gulf of Mexico remained capped for a second day Friday, providing some hope of a long-term solution to the environmental disaster.
Discussion: The Page
RELATED:
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.
Chris Cillizza / The Fix:
Gulf Oil spill fades as issue
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 …
RELATED:
Associated Press:
NY lawyer gets 10-year term in terrorism case
Bloomberg:
Greenspan Says Lawmakers Should Let All Bush's Tax Cuts Lapse  —  Former Federal Reserve Chairman Alan Greenspan, whose endorsement of George W. Bush's 2001 tax cuts helped persuade Congress to pass them, said lawmakers should allow the cuts to expire at the end of the year.
Discussion: Washington Monthly
RELATED:
Paul Krugman / New York Times:
Redo That Voodoo  —  Republicans are feeling good about the midterms — so good that they've started saying what they really think.  This week the party's Senate leadership stopped pretending that it cares about deficits, stating explicitly that while we can't afford to aid the unemployed …
Discussion: Daily Kos and Economist's View
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:
New York Times:
Goldman Pays $550 Million to Settle Fraud Case
Discussion: Daniel W. Drezner and ProPublica
Wall Street Journal:
Goldman Settles Its Battle With SEC
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
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:
Rachel Rose Hartman / Yahoo! News:
Mysterious ads attacking GOP candidate as ‘liberal’ paid for by ... Democrats?  —  The group responsible for branding Iowa Republican Terry Branstad a “liberal” who favors “government mandates” and hangs out with liberals like Nancy Pelosi and Barack Obama is none other than ... the Democratic Governors Association?
Scott / Power Line:
On the road to find out  —  The Obama administration doesn't seem to have a clue about how businesses grow.  Its concerns lie elsehwere, with expanding the size and power of the administrative state.  Yesterday's passage of the gargantuan 2,300 page financial services legislation will contribute …
Anne E. Kornblut / Washington Post:
Obama touts stimulus, taking shots at Michigan's Rep. Peter Hoekstra  —  HOLLAND, MICH. — Four months before the midterm elections, President Obama is trying to lock onto an economic message to convince voters that the 2009 government stimulus package was worth it — and is working.
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 …
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 …
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.
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
 
 
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 More Items: 
Greg Mankiw / Greg Mankiw's Blog:
Median Duration of Unemployment
Discussion: Say Anything
Susan Crabtree / The Hill:
Sen. Bennett agrees to help Ethics panel in Countrywide probe
Ben Smith / Ben Smith's Blog:
Lawyer: Sestak ‘willing to put his life on the line to defend Israel’
macroblog:
A curious unemployment picture gets more curious
Discussion: EconLog and Economist's View
Mark Thoma / moneywatch.bnet.com:
The Dodd-Frank Financial Reform Bill
Discussion: EconLog and Cafe Hayek
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
 Earlier Items: 
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: FrumForum and Newsalert
Trainwrecks / RADAR:
EXCLUSIVE NEW AUDIO: Mel Gibson Completely Loses It: 'B*tch …
Political Punch:
An Obama Administration Job for Sen. Specter?
Howard Berkes / NPR:
Massey Mine Workers Disabled Safety Monitor
Discussion: Coal Tattoo, Firedoglake and Wonk Room
Bbtv / Breitbart.tv:
Breitbart to NAACP Chief: ‘Go to Hell!’
Discussion: Say Anything
Patrick Gavin / The Politico:
CARLSON LAUNCHES OLBERMANN SITE
Discussion: Salon and National Review