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1:40 AM ET, July 16, 2011

memeorandum

 Top Items: 
Media Matters for America:
REPORT: How CNN, MSNBC, And Fox Are Covering News Corp. Hacking Scandal  —  News Corp.'s long-simmering phone-hacking scandal has reignited, throwing its global media empire into turmoil.  As allegations of hacking into private citizens' voicemail increase, media and tabloid practices have been called into question.
RELATED:
Alex Seitz-Wald / ThinkProgress:
Fox And Friends Defends News Corp's Hacking Scandal: ‘We Should Move On’  —  Fox News finally addressed their parent company's hacking scandal head on this morning, with Fox and Friends launching a comically sycophantic and pathetically inaccurate defense of News Corp. Host Steve Doocy …
Peter Kafka / AllThingsD:
Dow Jones CEO Les Hinton Stepping Down  —  Dow Jones CEO Les Hinton is leaving the company in the wake of the PhoneGate hacking scandal.  Hinton is the second high-ranking News Corp. executive to step down today, and the first major figure from the company's American operations.
Wall Street Journal:
Dow Jones CEO Resigns Over Scandal  —  Dow Jones & Co. Chief Executive Les Hinton resigned late Friday, as the top executive at News Corp.'s financial publishing unit sought to contain the damage from the company's British tabloid scandal, which began while he oversaw the company's U.K. newspaper operations.
The Politico:
Of Obama's $86 million, 40% from bundlers  —  About 40 percent of President Barack Obama's record-breaking $86 million second-quarter fundraising haul came from big-money bundlers, according to a POLITICO analysis of donors listed on Obama's campaign web site.
Discussion: CNN and The Daily Caller
RELATED:
Michael D. Shear / The Caucus:
Obama's Haul: Big Money From Big Donors  —  Twenty-seven fund-raisers collected more than $500,000 each in contributions for President Obama and the Democratic Party in the past three months, helping Mr. Obama collect a record haul of campaign cash as he starts his re-election effort.
The Note:
DNC Raises $34.6M in Second Quarter with Obama Help
Discussion: Political Punch and CNN
Alicia M. Cohn / The Hill:
Obama: Public is ‘sold’ on tax increases in a debt-ceiling deal  —  President Obama on Friday kept up the pressure on Republicans to agree to revenue increases in a deal to raise the debt ceiling, claiming 80 percent of the public supports Democrats' demand for tax increases.
RELATED:
The Note:
Pawlenty Calls Out Romney On Debt Ceiling Debate
Discussion: TPMDC, Ballot Box, CNN and The Raw Story
The Daily Beast:
GOP's Debt Kamikazes
Eric Marrapodi / CNN:
Michele Bachmann officially leaves her church  —  Washington (CNN) - Republican presidential candidate Michele Bachmann has long been a darling of conservative evangelicals, but shortly before announcing her White House bid, she officially quit a church she'd belonged to for years.
RELATED:
Andy Birkey / Minnesota Independent:
‘Ex-gay’ conference headed to St. Paul in 2012
Tony Kennedy / Minneapolis Star Tribune:
Marcus Bachmann says his clinics not anti-gay
Josiah Ryan / The Hill:
Jackson Lee: Congress complicating debt ceiling because Obama is black  —  Rep. Sheila Jackson Lee (D-Texas) on Friday strongly suggested that members of Congress are making it difficult for President Obama to raise the debt ceiling because of his race.  —  “I do not understand …
Greg Sargent / Washington Post:
Obama makes his case to the left  —  President Obama recently took a beating from some on the left for suggesting that immediate deficit reduction is necessary to take the issue off the table and make it possible to spend more on liberal priorities later.  And Obama of course has regularly …
RELATED:
David Dayen / Firedoglake:
Obama's “Deficit Now, Jobs Later” Strategy Doesn't Seem Sound
Discussion: Daily Kos
Greg Sargent / Washington Post:
McConnell proposal would force major review of entitlements  —  Larry Kudlow, who's plugged in with Congressional Republicans, scoops a key new detail about the emerging Mitch McConnell proposal to transfer control of the debt ceiling to the president:
RELATED:
Mike Lillis / The Hill:
Liberals worry embrace of McConnell proposal could harm Dem Party
Discussion: The Daily Caller
Katrina Trinko / National Review:
Perry's Briefing  —  Word in Austin is that Rick Perry is doing everything necessary to prepare for a presidential run, including brushing up on foreign policy.  —  We hear that he recently met with top national-security experts Doug Feith and William Luti.
David Weigel / Slate:
Erick Erickson's Bad Advice  —  The RedState editor tweets that this post of his is being passed around the House GOP's caucus meeting.  Hey, lots of things are passed around at meetings.  Let's just hope no one takes this seriously, because it's totally incoherent. … Who actually thinks this?
Darren Goode / The Politico:
House turns off light bulb standards by voice vote  —  The House on Friday morning moved to block federal light bulb efficiency standards without even a roll call vote.  —  An amendment from Rep. Michael Burgess (R-Texas) defunding the Energy Department's standards for traditional incandescent light bulbs …
James Pethokoukis:
Will coming debt ceiling deal save America's AAA credit rating?  —  Keeping America's gold-plated credit rating may take both a deal to raise the debt ceiling (which will happen) and a meaningful deficit reduction plan of around $4 trillion (which is not happening).
RELATED:
David A. Fahrenthold / Washington Post:
GOP dissent complicates path to resolving debt-ceiling crisis
Bloomberg:
Obama Eliminates Warren as Consumer Head  —  President Barack Obama has chosen a candidate other than Elizabeth Warren as director of the new Consumer Financial Protection Bureau, according to a person briefed on the matter.  —  The president's choice is a person who already works at the consumer agency, the person said today.
Discussion: ThinkProgress and The Raw Story
Martha Raddatz / ABCNEWS:
Osama Hit List: President Obama, Petraeus, Major U.S. Sporting Event  —  President Barack Obama boards Air Force One after arriving at Andrews Air Force Base Md., June 28, 2011.  Officials say that Osama bin Laden, still obsessed with attacking airplanes, was trying to hatch a plan to kill Obama …
Michael Wines / New York Times:
China Plans to Release Some of Its Pork Stockpile to Hold Down Prices  —  BEIJING — Some nations have strategic oil reserves.  Some keep grain reserves.  China has both, and something others have somehow overlooked: a national pork reserve.  —  And with the price of pig meat up 38 percent …
Discussion: Lawyers, Guns & Money
David Kravets / Threat Level:
Court OKs Airport Body Scanners, Rejects Constitutional Challenge  —  A federal appeals court on Friday unanimously declined to block the government from using intrusive body scanners across airports nationwide, saying it is “not persuaded by any of the statutory or constitutional arguments” against them.
 
 
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 More Items: 
Felix Salmon:
The horrifying AAA debt-issuance chart
The Note:
Pawlenty Steps Up Ames Push With $200,000 Ad Buy
Discussion: CNN
ABCNEWS:
Coming Up on ‘This Week’: OMB Director Jacob Lew and Senate Minority Whip Jon Kyl
Discussion: The Politico
Sam Baker / Healthwatch:
Number of healthcare waivers nears 1,500
Discussion: Weasel Zippers
The White House:
Press Conference by the President
Alexander Burns / The Politico:
Rick Perry 2012 run ‘very likely,’ Terry Branstad says
Discussion: Texas Monthly and CNN
 Earlier Items: 
The Huffington Post:
Obama Publicly Backs Means-Testing Medicare (UPDATE)
Discussion: Iowa Caucuses and AmSpecBlog
Matthew Yglesias / ThinkProgress:
Is The Government Hiring Overqualified Workers?
David Gordon Smith / Spiegel Online:
‘The US Is Holding the Whole World Hostage’
Discussion: Politics
Jonathan Cohn / The New Republic:
Cantor Loves Gov't Spending ... on the Drug Industry
Discussion: Washington Monthly and Hullabaloo
Patricia Cohen / New York Times:
Internet Use Affects Memory, Study Finds
Discussion: Hit & Run, Gothamist and Gawker
Conor Friedersdorf / The Atlantic Online:
Sarah Palin Movie Debuts to Empty Theater in Orange County