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11:05 AM ET, August 22, 2010

memeorandum

 Top Items: 
Frank Rich / New York Times:
How Fox Betrayed Petraeus  —  THE “ground zero mosque,” as you may well know by now, is not at ground zero.  It's not a mosque but an Islamic cultural center containing a prayer room.  It's not going to determine President Obama's political future or the elections of 2010 or 2012.
Graham Bowley / New York Times:
In Striking Shift, Small Investors Flee Stock Market  —  Renewed economic uncertainty is testing Americans' generation-long love affair with the stock market.  —  Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year …
Discussion: Corrente
Bridget Johnson / The Hill:
Sherrod to talk job offer with Vilsack  —  Former U.S. Department of Agriculture official Shirley Sherrod is meeting Tuesday with Agriculture Secretary Tom Vilsack to discuss a new job offer at the agency.  —  Sherrod said the new offer was on the table Saturday in Alabama at an event hosted …
New York Times:
Iran Opens Its First Nuclear Power Plant  —  TEHRAN — Thirty-six years after construction began under the shah, Iran finally opened its first nuclear power plant at a ceremony on Saturday.  —  Attended by senior officials from Iran and Russia, the ceremony marked the beginning of the transfer …
Discussion: Truthdig, Hot Air and Fausta's Blog
RELATED:
Agency / Telegraph:
Iran ‘12 months from nuclear weapon’ US warns as Bushehr reactor started  —  The US sought to reassure Israel that Iran is still a year away from building a nuclear weapon, as Iran's leadership hailed the fuelling of its first nuclear power plant on Saturday.
Maureen Dowd / New York Times:
Going Mad in Herds  —  At the Bunch of Grapes bookstore on Martha's Vineyard, the sojourning President Obama bought a few books, including “To Kill a Mockingbird” by Harper Lee.  It was for his daughter, but it may have also conjured a sweet memory for the beleaguered president.
Discussion: Althouse and Prairie Weather
Andy McCarthy / National Review:
Ground Zero Thought Experiment  —  A friend poses the following: Imagine that there really were these fundamentalist Christian terror cells all over the United States, as the Department of Homeland Security imagines.  Let's say a group of five of these terrorists hijacked a plane, flew it to Mecca, and plowed it into the Kaaba.
Neil Irwin / Washington Post:
With consumers slow to spend, businesses are slow to hire  —  CHICAGO — Corporate profits are soaring.  Companies are sitting on billions of dollars of cash.  And still, they've yet to amp up hiring or make major investments — the missing ingredients for a strong economic recovery.
Peter Baker / New York Times:
News Analysis: In Iraq, Obama Faces Balancing Act as Combat Mission Ends  —  WASHINGTON — The official end of America's combat mission in Iraq next week will fulfill the campaign promise that helped vault President Obama to the White House, but it also presents profound risks as he seeks …
Joe Nocera / New York Times:
Consumers Clamoring for a Leader  —  So it turns out that the Elizabeth Warren rap video that went “viral” this week is actually a made-in-Hollywood production.  —  You know the video, don't you?  The one in which a struggling comedian named Ryan Anthony Lumas, dressed in a cowboy outfit …
Discussion: Balloon Juice and Corrente
Charles M. Blow / New York Times:
Oy Vey, Obama  —  Is President Obama good for the Jews?  For more and more Jewish-Americans, the answer is no.  —  In a Pew Research Center report issued on Thursday and entitled “Growing Number of Americans Say Obama Is a Muslim” (tragic in its own right), there was another bit of bad news for Obama …
Karl Ritter / The Huffington Post:
Julian Assange Rape Case: Sweden WITHDRAWS Arrest Warrant  —  WHAT'S YOUR REACTION?  —  STOCKHOLM — Swedish authorities revoked a short-lived arrest warrant for the founder of WikiLeaks on Saturday, saying a rape accusation against him lacked substance.  —  Julian Assange …
RELATED:
Paul Krugman:
Bond Madness  —  Things are looking bleak for the economy; Goldman Sachs (no link) is predicting that 2nd quarter GDP growth will be revised down to 1.1%, and it's downhill from here.  —  Yet from late 2009 until just the other day, all the Very Serious People were mainly concerned about the possibility of surging interest rates.
Discussion: Newshoggers.com
 
 
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 More Items: 
John Quiggin / Crooked Timber:
EU-US convergence ?  —  The NYT ran yet another round …
Discussion: Matthew Yglesias and Balloon Juice
Martin Crutsinger / Associated Press:
Nearly 50 percent leave Obama mortgage-aid program
Discussion: Scared Monkeys
Jesse Lee / White House.gov Blog Feed:
Weekly Address: No Corporate Takeover of Our Democracy
 Earlier Items: 
RushLimbaugh.com:
An Example of Why Nobody Trusts Old Media: WaPo's Joel Achenbach
Discussion: sisu
Manu Raju / The Politico:
Harry Reid's strategy: Winning ugly