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12:10 PM ET, December 7, 2010

memeorandum

 Top Items: 
Paul Krugman:
The Deal  —  So the tax deal is out.  Obama extracted some concessions, with the big surprise being a payroll tax cut.  How much better do these concessions make the thing?  —  Well, for starters we have the two-year extension of the Bush tax cuts.  As I pointed out yesterday …
RELATED:
Joe Biden / Washington Post:
Obama: On the way to a failed presidency?  —  Ronald Reagan famously quipped that the Democratic Party left him before he left the party.  Like many progressive supporters of Barack Obama, I'm beginning to have the same feeling about this president.  —  Consider what we've seen since …
Discussion: JustOneMinute and The New Republic
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 …
Jake Tapper / Political Punch:
Senior White House Official: ‘We Wanted a Fight,’ too.  Congressional Dems 'Wouldn't Throw a Punch'  —  Vice President Biden heads to Capitol Hill today to lobby Senate Democrats to support the tax cut compromise, as President Obama faces criticism from congressional Democrats …
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:
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.
The Politico:
Liberal Dems to Obama: fight harder  —  Resentments between President Barack Obama and congressional Democrats that began simmering even before their midterm disaster are nearing the boiling point on Capitol Hill, as liberals make clear that Obama's efforts to strike a lame-duck deal …
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.
Shailagh Murray / Washington Post:
Tax-cut deal reached between Obama, Republicans
Sam Youngman / The Hill:
Left sees tax surrender, says Obama reelection bid now crippled
Discussion: The Note and Pajamas Media
Byron York / Washington Examiner:
In tax defeat, Dems pay the price for old tricks
Discussion: Betsy's Page
Scott Wilson / Washington Post:
Obama's tax cut extension part of strategy to show bipartisanship
The Hill:
Republican ranks uneasy, await details
Discussion: The Hill
McClatchy Washington Bureau:
Democrats could scuttle Obama-GOP tax cut deal
Steve Benen / Washington Monthly:
MAKING THE BEST OF A BAD SITUATION.... At the surface …
Pejman Yousefzadeh / A Chequer-Board of Nights …:
Extending the Bush Tax Cuts
Discussion: South Capitol Street
New York Times:
British Court Denies Bail to Assange in Sex Inquiry  —  LONDON — Julian Assange, the founder of the beleaguered WikiLeaks anti-secrecy group, was denied bail by a London court on Tuesday and said that he would resist extradition to Sweden where he faces questioning in connection with alleged sex offenses.
RELATED:
Richard Pendlebury / Daily Mail:
The Wikileaks sex files: How two one-night stands sparked a worldwide hunt for Julian Assange  —  A winter morning in backwoods Scandinavia and the chime of a church bell drifts across the snowbound town of Enkoping.  Does it also toll for WikiLeaks founder Julian Assange?
NPR:
British Judge Denies Bail For WikiLeaks Founder  —  A British judge has denied ball for WikiLeaks founder Julian Assange, who told a London court that he intends to fight attempts to extradite him to Sweden on sex-crime allegations.  —  Judge Howard Riddle told Assange that he had …
Christopher Hitchens / Slate:
The WikiLeaks founder is an unscrupulous megalomaniac with a political agenda.  —  In my most recent book, I reprint some words from a British Embassy cable, sent from Baghdad to the Foreign Office in 1976.  The subject is Iraq's new leader.  His quiet coup d'etat is reassuringly described as …
Caroline Overington / Media Diary:
‘The truth will always win’ - Julian Assange writes
Jill / Feministe:
Some thoughts on “sex by surprise”
Associated Press:
Visa suspends all payments to WikiLeaks
Julian Assange / TheAustralian:
Don't shoot messenger for revealing uncomfortable truths
Discussion: Examiner
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 …
RELATED:
CBS News:
Elizabeth Edwards Living End of Life “Her Way”
Discussion: First Draft
Condoleezza Rice / Wall Street Journal:
New Start: Ratify, With Caveats  —  The treaty helpfully reinstates on-site verification of Russian nuclear forces, but senators should make it clear to Moscow that they don't see it as limiting U.S. missile defenses.  —  When U.S. President Bush and Russian President Putin signed the Moscow Treaty in 2002 …
The Star-Ledger Editorial Page:
Christie's bully act getting old  —  Two years ago, when Chris Christie announced he was running for governor, he dismissed questions about his days as the Godzilla freeholder — when he breathed fire on almost every issue, insulted Morris County colleagues and needlessly stomped on countless toes.
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: msnbc.com and Taegan Goddard's …
Adam Serwer / American Prospect:
Taibbi On The Prospect.  —  Matt Taibbi explains Matt Bai by...taking a shot at The Prospect? … Yeah, in Taibbi's world, the best way to get your hand on some of that Bob Rubin $$$ is to get a job at a magazine founded by someone who has basically declared himself to be a mortal enemy of Bob Rubin.
Jerry Seper / Washington Times:
Panel finds Justice reluctant to take cases of white victims  —  The Justice Department stonewalled efforts by the U.S. Commission on Civil Rights to investigate the dismissal of a civil complaint against the New Black Panther Party, leaving open the question of whether the department is willing …
David Dayen / Firedoglake:
Blighted Title: Banks Selling Homes They Don't Own  —  The tax cut issue is crucial from the standpoint of politics, but in the real world, the biggest threat to the economy remains the lawlessness of the American real estate industry, and how this has dealt a body blow to the most important market for economic renewal in the country.
 
 
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Stan Collender / Capital Gains and Games blogs:
Is The Tax Deal The Ultimate Irony Or Hypocrisy?
Discussion: Yglesias and Grasping Reality …
Aharding / CNN:
TRENDING: Waters to ask House to investigate ethics committee
Discussion: The Hill and The Politico
Cubachi:
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Jeanne Cummings / The Politico:
Angry member groups shun Chamber
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