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10:35 AM ET, August 22, 2011

memeorandum

 Top Items: 
New York Times:
Jubilant Rebels Control Much of Tripoli  —  TRIPOLI, Libya — Col. Muammar el-Qaddafi's grip on power dissolved with astonishing speed on Monday as rebels marched into the capital and arrested two of his sons, while residents raucously celebrated the prospective end of his four-decade-old rule.
RELATED:
Steve Clemons / The Atlantic Online:
Libya: Huge Win for Libyans, A Win for Obama, Challenges Next  —  Like Qaddafi, Saddam Hussein was also a horrendous thug whose arbitrary and brutal rule resulted in the deaths of vast numbers of his own citizens — but there is no doubt that taking Saddam out removed one of the effective constraints on Iran.
BBC:
Libya conflict: Fighting rages near Gaddafi compound  —  Resident Omar describes rebels celebrating and waving opposition flags on Green Square  —  Heavy fighting is taking place in Tripoli around the compound of embattled Libyan leader Col Muammar Gaddafi after rebels seized control of much of the city on Sunday.
Alessandra Rizzo / Associated Press:
World urges Gadhafi to surrender, plans future  —  ROME (AP) — World leaders said Monday the end is near for Moammar Gadhafi's regime and began looking at Libya's future without the man who has held power there for 42 years.  —  Leaders across Europe welcomed the rebels' dramatic advances …
Discussion: The Reaction
Associated Press:   Clashes near Gadhafi compound in Libyan capital
Michael Barbaro / New York Times:
In the Race to Succeed Weiner, a Surprising Anger at Obama  —  Of all the places to hear fulminations against President Obama, one of the least expected is the corner of 71st Avenue and Queens Boulevard, in the heart of a Congressional district that propelled Democrats like Geraldine A. Ferraro …
Bloomberg:
Wall Street Aristocracy Got $1.2T in Loans  —  Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.
Harvey Golub / Wall Street Journal:
My Response To Buffett And Obama  —  Before you ask for more tax money from me, raise the $2.2 trillion you already collect each year more fairly and spend it more wisely.  —  Over the years, I have paid a significant portion of my income to the various federal, state and local jurisdictions …
Gretchen Morgenson / New York Times:
Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal  —  Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices …
Robert Costa / National Review:
‘She Will Run’  —  Ames, Iowa — Political organizer Peter Singleton tells National Review Online that Sarah Palin will likely launch a presidential campaign by the end of September.  “I believe that she will run,” he says.  “I can't see her sitting this election out.”
RELATED:
Scott Conroy / Real Clear Politics:
Tea Party Group Launches Iowa Radio Blitz for Palin Event
Ross Douthat / New York Times:
Messing With Texas  —  Gov. Rick Perry of Texas hasn't lost an election in 10 tries.  Among his vanquished opponents, this streak has inspired not only the usual mix of resentment and respect, but a touch of supernatural awe.  “Running against Perry,” one of them told Texas Monthly, “is like running against God.”
RELATED:
John Heilemann / New York Magazine:
Perry's GOP Shock Treatment
Alexander Burns / The Politico:
GOP challenge on Libya: Cheer or not to cheer?  —  The cheerleading for President Obama's role in the Libya intervention has begun, with former Pennsylvania Gov. Ed Rendell crowing on “Morning Joe” that “everyone mocked him, said it wouldn't work” - and now Muammar Qadhafi looks to be on the verge of defeat.
RELATED:
Alexander Burns / The Politico:
Trial lawyers prep for war on Perry  —  America's trial lawyers are getting ready to make the case against one of their biggest targets in years: Texas Gov. Rick Perry.  —  Among litigators, there is no presidential candidate who inspires the same level of hatred - and fear - as Perry …
Discussion: GOP 12 and Prairie Weather
Ballot Box:
Wall Street execs turn back on Obama, donate to Romney  —  Dozens of Wall Street executives who supported President Obama in 2008 have donated to Mitt Romney's presidential campaign this year.  —  According to a review of fundraising data, 67 people who work in the financial sector and live …
Jeffrey Toobin / New Yorker:
PARTNERS … - POLITICS - PROFILES - THE TALK OF THE TOWN - COMMENT - THIS WEEK'S ISSUE - THE FINANCIAL PAGE - NEWS DESK - THE POLITICAL SCENE
Discussion: Prairie Weather
The Auditor:
Democrats considered recalling Gov. Chris Christie  —  For a brief time this summer, Democrats were considering doing something no major political party has ever attempted in New Jersey, The Auditor has learned: Recall a sitting governor.  —  As outrage among Democrats over Gov. Chris …
Discussion: The Politico
Tony Kennedy / Associated Press:
Michele Bachmann's low-key IRS role belied ambitions  —  Judicial records and former peers detail her work as a tax attorney.  —  In the few seconds Michele Bachmann had to introduce herself at a Republican presidential debate in New Hampshire this summer, she promptly mentioned her credential as …
Joel Bakan / New York Times:
The Kids Are Not All Right  —  WHEN I sit with my two teenagers, and they are a million miles away, absorbed by the titillating roil of online social life, the addictive pull of video games and virtual worlds, as they stare endlessly at video clips and digital pictures of themselves and their friends, it feels like something is wrong.
David Leonhardt / The Caucus:
Rick Perry's Scientific Campaign Method  —  Sasha Issenberg, a former Boston Globe reporter who has also written for Monocle, Slate, Philadelphia and The New York Times Magazine, has been writing a book about the new science of campaigns, called “The Victory Lab.”  It's scheduled for publication next year.
Discussion: Taegan Goddard's …
Steve Benen / Washington Monthly:
The ‘thank America last’ crowd  —  Sens. John McCain (R-Ariz.) and Lindsey Graham (R-S.C.) issued a joint statement last night on the developments in Libya.  It's worth taking a look at the first paragraph. … Remember hearing about the “blame America first” crowd?  Well, say hello to the “thank America last” crowd.
Discussion: New York Times and ThinkProgress
 
 
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 More Items: 
Martin Fackler / New York Times:
Large Zone Near Japanese Reactors to Be Off Limits
G-A-Y / Good As You:
Video: Udall (D-CO) marries good intentions with proper vehicle
Felix Salmon:
The global crisis of institutional legitimacy
Discussion: emptywheel and FT Alphaville
Noah Feldman / Bloomberg:
About Noah Feldman  —  Balanced Budget Acts as Dumb in Europe as in U.S.: Noah Feldman
Discussion: Althouse
Anna Kitanaka / Bloomberg:
Smithers Sees ‘Significant’ S&P 500 Rally
Discussion: Clusterstock and The Big Picture
Laura Bassett / The Huffington Post:
Obama Jobs Plan Meets Early Resistance From Republicans
Stephen Ohlemacher / Associated Press:
Social Security disability on verge of insolvency
 Earlier Items: 
Master Feed:
Victory in Libya?  —  It's a bit premature to say that Muammar Qaddafi …
Jeff Poor / The Daily Caller:
NYT's Friedman: ‘Way too soon to tell’ if media blew it vetting Obama the candidate
Discussion: Hot Air and The Gateway Pundit
Robert Mackey / The Lede:
Latest Updates on the Battle for Tripoli
Tyler Cowen / New York Times:
The Sad Statistic That Trumps the Others
William Deresiewicz / New York Times:
An Empty Regard  —  William Deresiewicz is an essayist and critic …
Discussion: The Daily Dish and Prairie Weather