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7:35 PM ET, August 8, 2011

memeorandum

 Top Items: 
Ryan Lizza / New Yorker:
LEAP OF FAITH … - POLITICS - PROFILES - THE TALK OF THE TOWN - COMMENT - THIS WEEK'S ISSUE - THE FINANCIAL PAGE - NEWS DESK - THE POLITICAL SCENE
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First Read / msnbc.com:
Bachmann attends church service denouncing homosexuality  —  WAUKEE, IA — Republican presidential candidate Michele Bachmann yesterday attended a church here in Iowa, where the pastor called homosexuality “immoral” and “unnatural,” and later showed a testimonial video from a man who claimed …
Tommy Christopher / Mediaite:
Does The Michele Bachmann Newsweek Cover Make Her ‘Look Crazy’?  —  Conservative media watchdog Newsbusters is helpfully defending GOP presidential hopeful Rep. Michele Bachmann's (R-MN) honor against those serial cover photo offenders at Newsweek, excoriating the magazine for using …
Discussion: Gawker and Runnin' Scared
Caroline May / The Daily Caller:
The National Organization for Women defends Bachmann against Newsweek
Discussion: Washington Post and Weasel Zippers
Michelle Malkin:
The Conservative Crazy Eyes Cliche & Other Stupid MSM Photo Tricks
Leary / nation.foxnews.com:
NOW Defends Bachmann Against Newsweek
The Politico:
Rick Perry to make 2012 intentions clear Saturday  —  Rick Perry intends to use a speech in South Carolina Saturday to make clear that he's running for president, POLITICO has learned.  —  According to two sources familiar with the plan, the Texas governor will remove any doubt …
RELATED:
Michael O'Brien / The Hill:
Perry to visit NH and SC while presidential candidates gather in Iowa
unionleader.com:
Rick Perry to attend NH house party this Saturday
Discussion: The Note, The Page and msnbc.com
Paul Krugman:
Aaauuuggghhh!  Market Commentary Edition  —  Carnage in stock markets as I write — and all of the headlines I see attribute it to S&P's downgrade.  —  They really are trying to make my head explode, aren't they?  —  Once again: S&P declared that US debt is no longer a safe investment …
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JeeYeon Park / CNBC:
Stocks Off Lows, Dow Above 11,000; Vix Soars  —  Stocks pared some losses in heavy, choppy trading Monday but were still sharply lower as investors fled from risky assets following S&P's downgrade of U.S.'s credit rating last week in addition to ongoing uncertainty over the euro zone crisis.
New York Times:
Dow Plunges More Than 600 in Sell-Off  —  Wall Street stocks plummeted on Monday as skittish investors, already concerned about the economy, struggled to work out the implications of an unprecedented downgrade of the United States government's credit rating, and sought safer places to put their money.
Josh Marshall / Talking Points Memo:
Disconnect  —  This piece on CNN Money says that “market …
Discussion: CNNMoney.com
Mark Duell / Daily Mail:
Who ‘made $10bn on 10/1 bet that U.S. credit rating would be downgraded’?  —  A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating.  —  Now questions are being asked of whether the trader …
RELATED:
Peter Schroeder / The Hill:
Senate Banking looking into S&P downgrade
Discussion: Hot Air
Economics of Contempt:
On S&P, Downgrades, and Idiots
The Daily Beast:
Hillary Told You So  —  As Democratic disgust with Obama's debt fumbling spreads, Clinton supporters recall her ‘3 a.m. phone call’ warnings—and angry, frustrated liberals are muttering that she should mount a 2012 challenge.  —  At a New York political event last week …
RELATED:
Steve Benen / Washington Monthly:
The Westen piece  —  It's not exactly a secret that there is …
Molly K. Hooper / The Hill:
House leaders end page program  —  House Speaker John Boehner (R-Ohio) and Minority Leader Nancy Pelosi (D-Calif.) announced they were ending the House page program.  —  As of Aug. 31, the program — which employs nearly 70 high school students to serve as messengers and couriers …
RELATED:
Jennifer Steinhauer / The Caucus:
House Leaders to End Page Program
Discussion: Politics and AmSpecBlog
Ross Douthat / New York Times:
Waiting For A Landslide  —  In 1955, a political scientist named V. O. Key published an essay entitled “A Theory of Critical Elections.”  He argued that realignments in American politics are usually punctuated by transformative elections, in which the old order suddenly gives way and a new majority emerges in its place.
Jeffrey M. Jones / Gallup:
Obama Job Approval 50% or Higher in 16 States and D.C.  —  Idaho residents least approving, at 27%  —  PRINCETON, NJ — Residents of 16 states and the District of Columbia gave President Obama approval ratings of 50% or higher during the first half of 2011, led by the District of Columbia, Connecticut, Maryland, and Delaware.
Jennifer Rubin / Washington Post:
Obama's horrifyingly bad speech  —  He was a half hour late.  His head turned from side to side as if he were attending a tennis match.  He practically never looked in the camera, as if he were averting our gaze.  And those were the strong parts of President Obama's disastrous speech.
Discussion: Hot Air
Nate Silver / FiveThirtyEight:
Why S.&P.'s Ratings Are Substandard and Porous  —  Five years ago, if you were an investor looking for guidance on which country's debt was the safest to invest in, Standard & Poor's ratings wouldn't have done much to help you navigate the headwinds of the financial crisis.
RELATED:
Jon Ward / The Huffington Post:
Mitt Romney: Obama Is ‘Out Of His Depth,’ The Nation's Security Is At Risk … CONCORD, N.H. — Republican presidential candidate Mitt Romney blamed President Barack Obama Monday morning for Standard & Poor's decision to downgrade U.S. debt, saying the nation risks losing its sovereignty if it does not take “corrective action.”
RELATED:
Danny Yadron / Washington Wire:
Romney on S&P Move: 'I Don't Think It's Simply the President's Fault'
Paul Krugman:
It's a Growth Scare  —  FTalphaville has been saying this all day, and it's right.  The action in the markets looks nothing like worries about US solvency; it looks exactly like what you expect to see when markets suddenly realize that the economy's growth prospects look terrible.
Discussion: Grasping Reality …
Matthew Yglesias / ThinkProgress:
Poor People Own Appliances Because They're Cheap  —  My colleagues Melissa Boteach and Donna Cooper have a great piece on the Heritage Foundation's “poor people aren't actually poor because they own cheap electronics” theory of poverty.  This infographic nicely highlights the silliness …
Discussion: Eschaton
Cornelia Dean / New York Times:
Groups Call for Scientists to Engage the Body Politic  —  When asked to name a scientist, Americans are stumped.  In one recent survey, the top choice, at 47 percent, was Einstein, who has been dead since 1955, and the next, at 23 percent, was “I don't know.”
David Axe / Danger Room:
Did a New Taliban Weapon Kill a Chopper Full of Navy SEALs?  —  Updated 8:36 a.m. EDT.  —  The passengers and crew of the twin-rotor CH-47 Chinook helicopter probably never saw the rocket hurtling towards them.  The explosion and fiery crash in Wardak province in eastern Afghanistan early …
CNN:
Racially motivated attack on video  —  Editor's note: The following story contains language some readers may consider offensive.  —  Jackson, Mississippi (CNN) — On a recent Sunday morning just before dawn, two carloads of white teenagers drove to Jackson, Mississippi …
 
 
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 More Items: 
New York Times:
Hotel Housekeeper Sues Strauss-Kahn
Discussion: The Atlantic Online and Mogulite
Andrew C. McCarthy / National Review:
Those Colossal, Recklessly Irresponsible $2 Trillion Errors
Discussion: ZeroHedge and Pajamas Media
J. Bradford DeLong / Grasping Reality with Both Hands:
How Should Obama Answer the Stock Market's Wake-Up Call? We-Need-Different-Cossacks Department
Discussion: TalkLeft
Adam Gabbatt / Guardian:
Fire crews battle blazes across London
Discussion: Ben Smith's Blog and Colorlines
The Note:
Donald Trump May Run for President After All
Discussion: Indecision Forever
William Glaberson / New York Times:
Dog Helps Young Rape Victim Testify
Discussion: Shakesville and New York Magazine
Jennifer Rubin / Washington Post:
Job participation  —  The White House and much of the chattering …
Discussion: Hit & Run
 Earlier Items: 
Justin Elliott / Salon:
The abortion that Mitt doesn't talk about anymore
Discussion: TBogg
Kevin Drum / Mother Jones:
The Price of Rural Life
Discussion: Washington Post and ThinkProgress
Emily Schultheis / Ben Smith's Blog:
Bachmann disavows labor bill, cites ‘bad information’
Discussion: ThinkProgress and Daily Kos
 

 
From Techmeme:

Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI group G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board

Raphael Satter / Reuters:
The Open Source Security Foundation and the OpenJS Foundation say the attempt to insert a secret backdoor into XZ Utils “may not be an isolated incident”

Matthew Connatser / The Register:
Intel's Gaudi 3 white paper details the made-for-China processors HL-328 and HL-388, likely designed to comply with US sanctions by reducing performance

 
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