The Note’s Must-Reads for Monday, August 22, 2011

Aug 22, 2011 5:46am

Compiled by ABC News Digital News Associates Jayce Henderson, Jacqueline Fernandez and Desk Assistant Amanda VanAllen

Bloomberg's Chris Stephen and Caroline Alexander: "Qaddafi Sons Taken as Rebels Sweep Into Tripoli"  Libyan rebels swept into Tripoli and captured two of Muammar Qaddafi’s sons as the battle to end his 42 years of autocratic rule arrived at the doorstep of his presidential compound.  President Obama said Qaddafi must recognize he “no longer controls” Libya. Oil fell for a third day in New York on expectations of a recovery in Libyan output. LINK

USA TODAY's Jim Michaels and Oren Dorell: "Gadhafi regime on ropes; rebels celebrate" The regime of Libyan leader Moammar Gadhafi appeared close to collapse Sunday as rebel forces raced into the capital after meeting little resistance from government forces and President Obama reiterated that the United States has recognized the Transitional National Council as the legitimate governing authority. LINK

The Wall Street Journal's Charles Levinson and Margaret Coker: "Rebels Seize Most of Tripoli" Libyan rebels seized control over most of Tripoli on Monday amid scenes of jubilation, a day after surging into the city's center and meeting little resistance from Col. Moammar Gadhafi's defenses, though heavy clashes were reported at Col. Gadhafi's compound and the leader's whereabouts remained unknown. Tanks emerged from the compound and opened fire at rebels trying to storm it early Monday, rebel spokesman Mohammed Abdel-Rahman told the Associated Press. LINK

The Hills’ Meghashyam Mali: “Obama: Gadhafi must accept 'he no longer controls Libya'” President Obama repeated calls for Libyan leader Moammar Gadhafi to step down and recognized the opposition leadership after rebel forces captured parts of the capital city Tripoli Sunday. In a statement released Sunday evening the president said "the momentum against the Qadhafi regime has reached a tipping point. Tripoli is slipping from the grasp of a tyrant." LINK

Los Angeles Times’ Maeve Reston: “Obama: Kadafi "no longer controls Libya" With rebels advancing in the Libyan capital of Tripoli and the whereabouts of Libyan leader Moammar Kadafi unknown, President Obama said Sunday night that the Kadafi regime was collapsing and called on the Libyan leader to “relinquish power once and for all.” "The surest way for the bloodshed to end is simple: Moammar Kadafi and his regime need to recognize that their rule has come to an end,” Obama said in a statement Sunday night after spending the evening with his family and friends. LINK

The New York Times’ Brian Knowlton: “Huntsman Calls His Rivals ‘Unelectable’” Jon M. Huntsman Jr., the former Utah governor who has been stuck in the second tier of candidates for the Republican presidential nomination, took an aggressive new tone during a televised interview on Sunday, saying that recent remarks from two of his major rivals were “extreme” and “unrealistic.” LINK

The Washington Times’ Seth McLaughlin: “GOP rivals say Obama Faltered on Assad” Republican White House hopefuls are attacking President’s Obama’s response to Syrian dictator Bashar Assad’s bloody, five-month crackdown on pro-democracy demonstrators, saying the commander in chief wasted valuable time in mulling the situation. LINK

The Washington Post’s Peter Wallsten: “Obama administration works to rekindle excitement among Hispanic voters” While most of Washington was embroiled in the debt-ceiling drama last month, about 160 Hispanic leaders from across the country filed into the White House one day, largely unnoticed. LINK

The Boston Globe's Casey Ross: "Anxiety rises as stimulus dries up" Massachusetts is running low on tools to boost the economy as the state exhausts its federal stimulus money amid renewed economic turmoil and looming budget cuts in Washington that could strip millions of dollars from key programs. Of the $7.4 billion in US stimulus funds awarded to the state in 2009, only about $300 million, or roughly 4 percent, is left to deploy, according to officials in Governor Deval Patrick’s administration.  LINK

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