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12:25 PM ET, August 7, 2011

memeorandum

 Top Items: 
Seung Min Kim / The Politico:
S&P rating: ‘Outrageous’, ‘nothing good to say’  —  Outrage over Standard & Poor's downgrade of the United States' credit rating extended to both sides of the political aisle on Sunday.  —  Steve Forbes, CEO of Forbes Inc. and a former Republican presidential contender …
Discussion: ThinkProgress
RELATED:
New York Times:
Amid Criticism on Downgrade of U.S., S.&P. Fires Back  —  A day after Standard & Poor's took the unprecedented step of downgrading the creditworthiness of the United States government, the ratings agency offered a full-throated defense of its decision, calling the bitter stand-off between President Obama …
Edmund L. Andrews / NationalJournal.com:
Why S&P's Downgrade is No Joke  —  The real impact of S&P's downgrade is political, not economic.  —  It's tempting to dismiss Standard & Poor's downgrade of U.S. long-term Treasury bonds as no big deal in the real world.  It's also tempting to describe it as a broad criticism …
Discussion: Washington Monthly
Steve Benen / Washington Monthly:
A timeline of events  —  Let's take a stroll down memory lane, shall we?  —  1980: Ronald Reagan runs for president, promising a balanced budget  —  1981 - 1989: With support from congressional Republicans, Reagan runs enormous deficits, adds $2 trillion to the debt.
New York Times:
Anger Over Credit Rating Resurfaces in Washington  —  The frustration in the air was palpable.  Officials from the credit ratings agency Standard & Poor's were meeting with Congressional leaders on a stifling late day in late July to discuss the thorniest issue in Washington …
Drew Westen / New York Times:
What Happened to Obama?  —  Drew Westen is a professor of psychology at Emory University and the author of “The Political Brain: The Role of Emotion in Deciding the Fate of the Nation.”  —  Atlanta  —  IT was a blustery day in Washington on Jan. 20, 2009, as it often seems to be on the day of a presidential inauguration.
David Catanese / The Politico:
Tea Party Nation: The left's killed “a billion people”  —  THIENSVILLE, Wis. — The founder of Tea Party Nation claimed liberal ideology is responsible for “a billion” deaths over the last century during a raucous rally here Saturday in support of one of the six Republican state senators facing a recall election Tuesday.
Discussion: Mediaite and The Raw Story
RELATED:
The Daily Beast:
Tea Party's Next Targets
Alexander Bolton / The Hill:
Obama's soft response to Tea Party draws liberal criticism
Janet Daley / Telegraph:
If we are to survive the looming catastrophe, we need to face the truth  —  The idea that a capitalist economy can support a socialist welfare state is collapsing before our eyes, says Janet Daley.  —  Getting it right: the Tea Party recognised where America's policies were heading
Discussion: Hot Air and National Review
Richard Pérez-Peña / New York Times:
Hugh Carey, Who Led Fiscal Rescue of New York City, Is Dead at 92  —  Hugh L. Carey, the governor who helped rescue New York from the brink of financial collapse in the 1970s and tamed a culture of ever-growing spending, died Sunday at his summer home on Shelter Island.  He was 92
Discussion: THE ASTUTE BLOGGERS
BBC:
London riots: Dozens injured after Tottenham violence  —  Clasford Stirling, a resident of Tottenham for 32 years, said the area looked like a battlefield  —  More than 40 people have been arrested after rioting saw police attacked, buildings looted and vehicles set alight in Tottenham, north London.
Washington Post:
Origins of the debt showdown  —  This article was reported by Lori Montgomery, Paul Kane, Brady Dennis, Alec MacGillis, David Fahrenthold, Rosalind Helderman, Felicia Sonmez and Dan Balz.  It was written by Dennis, MacGillis and Montgomery.  —  In mid-January, newly installed …
Mark Tapscott / Washington Examiner:
Wisconsin Democratic Party flak threatens to sic union bullies on independent news group  —  A spokesman for the Wisconsin Democratic Party has threatened to sic union bullies on an independent news organization whose reporting he thinks is “biased.”  —  Graeme Zeilinski was upset …
GetEQUAL.org:
Protesters Travel From Across Texas to Picket Hate-Based Event  —  FOR IMMEDIATE RELEASE  —  Michael Diviesti, GetEQUAL Texas State Lead Organizer, (512) 694-3394, michael@getequaltx.org  —  HOUSTON, TX — On August 6th, Governor Perry spoke at an event inside Reliant Stadium in Houston …
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 More Items: 
Thom Hartmann:
Mainstream Media Ignores S&P Attack On Republicans
Discussion: Crooks and Liars
Washington Examiner:
Obama won't escape blame for credit downgrade
Discussion: Hot Air and The Impolitic
 Earlier Items: 
Rasmussen Reports:
67% Say Economy Causing Family Stress
Discussion: Scared Monkeys and Weasel Zippers
New York Times:
Shabab Concede Control of Capital to Somalia Government
Kurt Andersen / New York Times:
The Madman Theory  —  I had breakfast this week with one of Hollywood's …
 

 
From Techmeme:

David Weston / The Official Microsoft Blog:
Microsoft estimates that CrowdStrike's update affected 8.5M Windows devices, or less than 1% of all Windows machines

Steven Levy / Wired:
A look at Marc Andreessen and Ben Horowitz's self-interested Trump support, including the “final straw”, a Biden proposal to tax unrealized capital gains at 25%

Damien Wilde / 9to5Google:
Xiaomi unveils the Mix Fold 4, starting at ~$1,237, and the Mix Flip, its first flip foldable, with a 4.01" cover display, starting at ~$825, available in China

 
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