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12:25 PM 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:
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.
Steve Clemons / The Atlantic Online:
Libya: Huge Win for Libyans, A Win for Obama, Challenges Next
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.
RELATED:
Anna Kitanaka / Bloomberg:
Smithers Sees ‘Significant’ S&P 500 Rally
Discussion: Clusterstock and The Big Picture
Tim Mak / The Politico:
Report: Fed lent Wall St. $1.2T more
Discussion: Weasel Zippers
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 …
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: Hot Air, GOP 12 and New York Magazine
RELATED:
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.”
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 lede. … Remember hearing about the “blame America first” crowd?  Well, say hello to the “thank America last” crowd.
Ian Millhiser / ThinkProgress:
Just One Week Into His Campaign, Rick Perry Disavows His Nine-Month-Old Book  —  Last November, Texas Gov. Rick Perry (R) published Fed Up, a 240-page ode to tentherism, which argues that everything from child labor laws to the Clean Air Act to Medicare violates the Constitution.
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 …
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.”
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Scott Conroy / Real Clear Politics:
Tea Party Group Launches Iowa Radio Blitz for Palin Event
Michael S. Malone / Ricochet Conversation Feed:
Mr. President, Don't Get Well Soon  —  [Ed.'s Note: The former editor of Forbes ASAP and the author of 15 books, including The Big Score and The Virtual Corporation, Mike Malone is now holed up at an undisclosed location in Oregon, where he's supposed to be completing his next book.
Discussion: Sense of Events
Nate Silver / FiveThirtyEight:
There's Room for More G.O.P. Candidates  —  Rather than douse speculation about which additional Republicans might enter the presidential sweepstakes, Rick Perry's announcement that he would seek the White House seemed only to stoke the fire.  At least five prominent Republicans — Sarah Palin …
RELATED:
John Heilemann / New York Magazine:
Perry's GOP Shock Treatment
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 …
Laura Italiano / New York Post:
DA filing to reveal new ‘bombshells’ about DSK accuser's credibility  —  She lied about sex.  She lied about money.  She even lied about lying.  —  That's the conclusion of Manhattan prosecutors, who promise they'll drop “bombshells” in detailing new credibility issues for the hotel maid …
RELATED:
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.
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
CNBC:
Spending Cuts, Not Tax Hikes, Best for Deficit: NABE  —  The majority of economists surveyed by the National Association for Business Economics believe that the federal deficit should be reduced only or primarily through spending cuts.  —  The survey out Monday found that 56 percent …
Michael Winerip / New York Times:
Eager for Spotlight, but Not if It Is on a Testing Scandal  —  WASHINGTON — Why won't Michelle Rhee talk to USA Today?  —  Ms. Rhee, the chancellor of the Washington public schools from 2007 to 2010, is the national symbol of the data-driven, take-no-prisoners education reform movement.
Discussion: Suburban Guerrilla
Andrew Malcolm / Top of the Ticket:
Michelle Obama comes prepared for a beach day with Barack  —  Ah, family vacation time in an American August, a chance for members to rediscover the joys and pleasures of being together, whether they like it or not.  —  As soon as President Obama escaped his new million-dollar bus in the Midwest …
Discussion: Weasel Zippers
Meagan Fitzpatrick / CBC News:
Jack Layton dead of cancer at 61  —  Beginning of Story Content  —  NDP Leader Jack Layton, who led Canada's Official Opposition, has died at his Toronto home at age 61 after a battle with cancer.  —  Layton died peacefully early Monday, surrounded by family and loved ones …
Discussion: TPMDC
 
 
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 More Items: 
Glenn Greenwald / Salon:
The Libya War argument
Atossa Araxia Abrahamian / New York Magazine:
The Placenta Cookbook  —  For a growing number of new mothers …
Tony Czuczka / Bloomberg:
Merkel Says She Will Resist Market Pressure for Common Euro-Region Bonds
KHON2 Hawaii's News Leader:
Hundreds gather at town hall meeting featuring Newt Gingrich
Discussion: Washington Wire and Raw Replay
New York Times:
Homeowners Need Help
Christine Haughney / New York Times:
Train Line Far From Arrival Has a Color to Be Noticed
Tim Mak / The Politico:
Eric Cantor: President Obama inciting class warfare
Discussion: Weasel Zippers
 Earlier Items: 
Justin Sink / The Hill:
Kucinich equates marijuana legalization push to Arab Spring
Discussion: JammieWearingFool
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
Alexander Burns / The Politico:
GOP challenge on Libya: Cheer or not to cheer?
David Leonhardt / The Caucus:
Rick Perry's Scientific Campaign Method
Discussion: Connecting.the.Dots
The Auditor:
Democrats considered recalling Gov. Chris Christie
Discussion: The Politico
Jeff Poor / The Daily Caller:
NYT's Friedman: ‘Way too soon to tell’ if media blew it vetting Obama the candidate