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1:25 PM ET, August 21, 2011

memeorandum

 Top Items: 
New York Times:
Surely They Can Read a Spreadsheet  —  When the federal government was on the brink of default and the economy hung in the balance, the nation's business leaders had a chance to step forward and push for a long-term solution.  They could have supported a grand bargain that cut spending and raised tax revenue.
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Maureen Dowd / New York Times:
Of Dystopias and Alphas  —  President Obama was on the way to Alpha when a plea came for him to be, well, more alpha.  —  LuAnn Lavine, a real estate agent from Geneseo, a rural town just up the road from Alpha, Ill., the last stop on the president's Midwestern bus tour, told The Times's Jeff Zeleny …
Carol E. Lee / Washington Wire:   Obama's Beach Reading
New York Times:
Perry Mines Texas System to Raise Cash for Campaigns  —  Two years ago, John McHale, an entrepreneur from Austin, Tex., who has given millions of dollars to Democratic candidates and causes, did something very unusual for him: he wrote a $50,000 check to a Republican candidate, Rick Perry …
RELATED:
Paul West / Los Angeles Times:
Rick Perry and Mitt Romney showcase a Republican divide
Discussion: Sky Dancing
Michael A. Fletcher / Washington Post:
Perry criticizes government while Texas job growth benefits from it
Bob Cusack / Ballot Box:
Lawmaker cites media ‘arrogance’ for lack of coverage of Ron Paul campaign
SignOnSanDiego.com:
Romney to quadruple La Jolla home size  —  The GOP contender plans local fundraisers for president this weekend  —  View from the beach of the 3,009-square-foot Romney home in La Jolla , which the GOP contender plans to demolish and replace with an 11,062-square-foot home.  — Meg Roussos
RELATED:
Travis Waldron / ThinkProgress:
Romney To Quadruple Size Of $12 Million California Home
Discussion: unionleader.com
Shelby Grad / L.A. NOW:
Rep. Maxine Waters: ‘The tea party can go straight to hell’  —  Rep. Maxine Waters (D-Los Angeles) came out swinging against Republicans in Congress on Saturday as she addressed the unemployed during a forum in Inglewood.  —  The event occurred a day after new statistics were released showing …
Robin McKie / Guardian:
Chronic fatigue syndrome researchers face death threats from militants  —  Scientists are subjected to a campaign of abuse and violence  —  The full extent of the campaign of intimidation, attacks and death threats made against scientists by activists who claim researchers are suppressing …
Discussion: Althouse
John Kass / Chicago Tribune:
Obama dangerously close to a ‘Killer Rabbit’ moment  —  President heads for Martha's Vineyard vacation as unemployment lines grow  —  Is President Barack Obama on the verge of being attacked by a bunny wabbit?  —  Absolutely.  —  All the signs suggest that Obama is in immediate danger of a rabbit attack.
NY1.com:
Sources: Pataki Considers 2012 Run For President … Sources tell NY1 former Governor George Pataki is strongly considering entering the crowded race for the Republican presidential nomination.  —  Sources say Pataki, who left office in 2007, could make an announcement as early as next week.
Tyler Durden / zerohedge.com/fullrss2.xml:
Intrade Now Pricing Greater Than 50% Chance Obama Will Not Be Reelected; And Observations On The Political Costs Of War  —  It appears that in the aftermath of the recent update of Obama's job approval polls which as we reported just hit an all time low, the market has formally priced …
Discussion: Power Line and Instapundit
Lee Fang / ThinkProgress:
Koch Responds To Buffet: ‘My Business And Non-Profit Investments Are Much More Beneficial To Society’  —  America's current tax system forces people making $50,000 a year to pay a higher rate than hedge fund managers making $2.4 million an hour.  Warren Buffett penned an op-ed last week declaring …
Washington Post:
Smacked by big market swings, investors should alter their outlook  —  With these whopping 4 percent swings — up 500 points, down 500 points, up another 500 points, down another 500 points — traders have whiplash.  We saw another huge move down Thursday, when the Dow, Nasdaq and S&P all lost big …
Discussion: The Big Picture
Ed Morrissey / Hot Air:
What if Obama quit?  —  I'm not talking about resignation, or just refusing to offer any proposals until after the next election.  What if Obama simply decided not to run for a second term as President?  —  The thought occurred to me after reading Peggy Noonan's piece this week for the Wall Street Journal …
Discussion: THE ASTUTE BLOGGERS
Guardian:
Libya, Syria and Middle East unrest - live updates  —  • Tripoli calm as Gaddafi says ‘rats’ have been repelled  —  • Rebels claim it is ‘zero hour’ for Gaddafi as they tighten noose  —  • Syria's Assad to respond to calls for his removal in TV interview
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Aljazeera:
Explosions and gunfire rock besieged Tripoli
ABCNEWS:
On ‘This Week’: Jon Huntsman and David Axelrod  —  He served in the Obama administration but now he wants to bring it to an end.  Sunday, in a “This Week” exclusive, Republican presidential candidate Jon Huntsman talks with ABC News Senior White House Correspondent Jake Tapper about his plan to win his party's nomination.
RELATED:
CNN:
Perry's global warming position hurts GOP, Huntsman says
Hossein Jaseb / Reuters:
Iran jails U.S. “hikers” as spies for 8 years  —  (Reuters) - Two Americans held in Iran for more than two years have been convicted as spies and sentenced to eight years' jail, Iranian TV reported on Saturday, a verdict that will further strain already very poor relations with Washington.
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 More Items: 
Meghashyam Mali / The Hill:
Sen. McCain predicts ‘hours if not days’ until Gadhafi is gone
Discussion: Althouse
Michael A. Memoli / Los Angeles Times:
In China, Biden blames GOP for holding up stronger debt deal
Discussion: Weasel Zippers
Charles Babington / Associated Press:
GOP may OK tax increase that Obama hopes to block
sanders.enews.senate.gov:
No. 1 Challenge America Faces is a Jobs Crisis
Discussion: Crooks and Liars
Kevin Bogardus / The Hill:
Cummings: Black community wants Obama to ‘fight harder’
Discussion: CNN and JammieWearingFool
Ben Geman / The Hill:
Sixty-five arrested outside White House in oil pipeline protest
Discussion: Taylor Marsh
 Earlier Items: 
Timothy Egan / Opinionator:
Nature Without the Nanny State
Discussion: The Mahablog
Jared Bernstein / On the Economy:
Taxing Capital Gains at Ordinary Rates: Evidence Says Do It...So Does Buffet