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9:35 AM ET, December 7, 2010

memeorandum

 Top Items: 
Ezra Klein:
An imperfect, but not-that-bad, deal on the tax cuts  —  The White House and the Republicans are pretty close to a final deal on the Bush tax cuts.  Here are the specifics, though it's worth saying that as near as this is to completion, it's still not done, and so it could change:
RELATED:
New York Times:
Tax Deal Suggests New Path for Obama  —  WASHINGTON — President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed …
Shailagh Murray / Washington Post:
Tax-cut deal reached between Obama, Republicans  —  President Obama and congressional Republicans agreed Monday to a tentative deal that would extend for two years all the Bush-era income tax breaks set to expire on Dec. 31, continue unemployment benefits for an additional 13 months …
Ezra Klein:
Wonkbook: Everything you need to know about the Bush tax cut deal  —  I'll admit it: I didn't think they had it in them.  A temporary extension of the Bush tax cuts?  Sure, they could manage that.  Fear is a powerful motivator in Washington, and nothing scares politicians like the threat of a tax hike on their constituents.
Jennifer Rubin / Right Turn:
Obama sells out the left: a Republican win on taxes  —  There really is no other way to say it: the Republicans won, the liberal Democrats lost, and the president sided with the Republicans.  The subject, of course, is an agreement to extend all the Bust tax cuts.
Scott Wilson / Washington Post:
Obama's tax cut extension part of strategy to show bipartisanship  —  Although his liberal supporters are furious about the decision, President Obama's willingness to extend all of the George W. Bush-era tax cuts is part of what White House officials say is a deliberate strategy …
The Politico:
Liberal Dems to Obama: Fight harder  —  Resentments between President Barack Obama and congressional Democrats that began simmering even before their mid-term disaster are nearing a boil on Capitol Hill, as liberals make clear that Obama's efforts to strike a lame-duck deal with Republicans …
Jon Ward / The Daily Caller:
Obama and GOP reach deal on two-year extension of Bush tax cuts for all incomes
Jake Tapper / Political Punch:
Senior White House Official: ‘We Wanted a Fight,’ …
Discussion: CNN, The Hill and National Review
Joe Biden / Washington Post:   Obama: On the way to a failed presidency?
Andrew Samwick / Capital Gains and Games blogs:
If This Is Working Together, I'll Take Gridlock
Peter Baker / New York Times:
A Bridge to Republicans Alienates Liberal Base
The Hill:   Republican ranks uneasy, await details
Ezra Klein:
Why aren't the Democrats using reconciliation to pass the tax cuts?
msnbc.com:
‘Framework for a bipartisan agreement’ on tax cuts
BBC:
Wikileaks founder Julian Assange arrested in London  —  Julian Assange denies sexually assaulting the two women  —  The founder of the whistle-blowing website Wikileaks, Julian Assange, has been arrested by police in London.  —  The 39-year-old Australian, who was the subject of a European arrest warrant …
RELATED:
New York Times:
Britain Arrests WikiLeaks Founder in Sex Inquiry  —  LONDON — Police in Britain arrested Julian Assange on Tuesday on a warrant issued in Sweden in connection with alleged sex offenses, British police officials said, the latest twist in the drama swirling around the anti-secrecy group and its beleaguered founder.
Matthew Weaver / Guardian:
WikiLeaks founder Julian Assange arrested  —  • Julian Assange arrested and taken to magistrates court  —  • US attorney general Eric Holder pledges to stem leaks  —  • Latest cables reveal US plans to defend Baltic states  —  • Full coverage of the WikiLeaks cables
Jill / Feministe:
Some thoughts on “sex by surprise”  —  There's a lot going around in bloglandia and on the interwebs about WikiLeaks honcho Julian Assange's sexual assault charge in Sweden; commentators are saying that Assange didn't really rape anyone, and these are trumped-up charges of “sex by surprise …
Richard Pendlebury / Daily Mail:
The Wikileaks sex files: How two one-night stands sparked …
Discussion: LewRockwell.com Blog
Sky News:
WikiLeaks Boss Assange Arrested In UK
CNN:
Assange arrested in London on Swedish warrant
Lbentzterp / CNN:
TRENDING: Elizabeth Edwards stops cancer treatment, releases statement  —  (CNN) - Elizabeth Edwards is surrounded by family and friends in her North Carolina home after being informed by her doctors that further cancer treatment would be unproductive.  —  “Elizabeth has been advised …
RELATED:
Associated Press:
Elizabeth Edwards gravely ill with cancer  —  WASHINGTON (AP) — Elizabeth Edwards over the past six years has seen her husband's presidential ambitions thwarted, retreated from public life as their marriage disintegrated over his affair, then emerged to advocate for changes …
Discussion: WTVD-TV, TalkLeft and Balloon Juice
Wall Street Journal:
U.S. Unloads Citi Stake for a $12 Billion Profit  —  The U.S. Treasury sold the last of its Citigroup Inc. common shares in a $10.5 billion offering that capped the government's biggest bank bailout of the financial-market meltdown.  —  The stock sale, which was finalized Monday evening …
Discussion: Taegan Goddard's … and msnbc.com
Ezra Klein:
Who graduates, who votes and who's unemployed — in one graph  —  It seems a little crazy that tax cuts for the nation's very richest residents are commanding more political energy and consensus than unemployment insurance.  Among other things, the tax cuts aren't popular.  Unemployment insurance is.
RELATED:
Ezra Klein:
The Bush tax cuts in one chart
Ben Armbruster / ThinkProgress:
TX GOP Official Opposes Jewish House Speaker: Christians ‘Are The People That Do The Best Jobs’  —  Last month, several Tea Party activists formed a right-wing coalition to oust Rep. Joe Straus (R) as Texas House Speaker.  They began circulating emails with anti-Semitic messages against Straus, who is Jewish.
Spencer Ackerman / Danger Room:
Afghans Fume as Petraeus Ramps Up Air War  —  The air war over Afghanistan has reached a post-invasion high.  Unfortunately for the U.S., Afghan anger over air strikes is soaring as well.  —  No group of people is going to be enthusiastic about a foreign power dropping bombs on their countrymen, as the Pakistanis can attest.
Discussion: Politics Daily
RELATED:
Associated Press:
Poll: Afghans' faith in U.S. dives as insurgents gain support
Discussion: Ian Welsh
Drudge Report:
BIG SIS INVADES WAL-MART: ‘IF YOU SEE SOMETHING, SAY SOMETHING’  —  WASHINGTON — Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the expansion of the Department's national “If You See Something, Say Something” campaign to hundreds of Walmart stores across the country …
 
 
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 More Items: 
New York Times:
U.S. Strains to Stop Arms Flow
Discussion: Elder of Ziyon
Patrick O'Connor / Washington Wire:
Rep. Lewis's Pitch to Head Appropriations Committee
Discussion: New York Times
Jerry Seper / Washington Times:
Panel finds Justice reluctant to take cases of white victims
Alan Cowell / New York Times:
19 Countries to Miss Nobel Peace Prize Ceremony
Mary C. Curtis / Politics Daily:
Obama Calls for a New ‘Sputnik Moment’ for America
Discussion: The Page
Rasmussen Reports:
Most Say Continuing Offshore Ban Will Hurt Economy
Discussion: Hot Air and HotAirPundit
 Earlier Items: 
Ambrose Evans-Pritchard / Telegraph:
China's credit bubble on borrowed time as inflation bites
Manu Raju / The Politico:
Study: Congress sought 39,294 earmarks
Daily Express:
BRITAIN IS FREEZING TO DEATH
Discussion: Althouse and blogs.telegraph.co.uk
Wall Street Journal:
Supreme Court Set to Review CO2 Suits
Felix Salmon:
Chart of the day: U.S. taxes
Discussion: Firedoglake and Hullabaloo
James Hohmann / The Politico:
Bush job approval rating higher than Obama's