Top Items:
Bloomberg:
Fed Defies Transparency Aim in Refusal to Identify Bank Loans — Nov. 10 (Bloomberg) — The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
RELATED:
Washington Post:
Sometimes Continuity Trumps Change — Three Bush Appointees in Crucial Positions Likely to Remain Under Obama — As President-elect Barack Obama prepares to fill top positions for his incoming government, he faces a stubborn reality: Some of the key individuals he will rely upon to tackle …
Wall Street Journal:
U.S. Throws New Lifeline to AIG, Scrapping Original Rescue Deal — The U.S. government reached a deal Sunday night to scrap its original $123 billion bailout of American International Group Inc. and replace it with a new $150 billion package, according to people familiar with the matter.
Discussion:
Michelle Malkin, naked capitalism, The Opinionator, Portfolio, European Tribune and Economist's View
Booman Tribune:
I'd Treat DC as a Crime Scene — I want to be clear that I do not expect, or even want, Barack Obama to govern as I would govern. However, if I were president-elect, I would be planning quite an operation on inauguration day. As soon as I was sworn in, I would demand that Robert Mueller submit his resignation.
Discussion:
The Sideshow
William Kristol / New York Times:
G.O.P. Dog Days? — Just before midnight on Nov. 4, I wasn't that worried. — Sure, the election results had been bad — but they weren't devastating. Obama wasn't winning the popular vote by double-digit margins, as some polls had suggested he might. Republican losses in the Senate …
Discussion:
The Huffington Post, TIME.com, ATTACKERMAN, Pajamas Media, PoliGazette, MSNBC, Open Left, Colin McEnroe, Bark Bark Woof Woof and The E&P Pub
RELATED:
Amit R. Paley / Washington Post:
A Quiet Windfall For U.S. Banks — With Attention on Bailout Debate, Treasury Made Change to Tax Policy — The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry.
Discussion:
The Big Picture, AMERICAblog News, Prairie Weather, Kevin Drum, Matthew Yglesias, The Agonist and BlondeSense
RELATED:
Hilzoy / Washington Monthly:
Excuse Me? — Here's a disturbing story:
Excuse Me? — Here's a disturbing story:
Discussion:
Willem Buiter's Maverecon, American Street, naked capitalism, At-Largely and Washington Post
Eric Lichtblau / New York Times:
Jamie Gorelick — As he prepares to take office, President-elect Barack Obama is relying on a small team of advisers who will lead his transition operation and help choose the members of a new Obama administration. Following is part of a series of profiles of potential members of the administration.
RELATED:
Chris Frates / The Politico:
Who would serve as attorney general? — The big money on who becomes the next attorney general is split between two distinct camps: consummate Washington insiders with serious policy credentials and prominent political backers of President-elect Barack Obama, according to leading insiders from both parties.
Paul Krugman / New York Times:
Franklin Delano Obama? — Suddenly, everything old is New Deal again. Reagan is out; F.D.R. is in. Still, how much guidance does the Roosevelt era really offer for today's world? — The answer is, a lot. But Barack Obama should learn from F.D.R.'s failures as well as from his achievements …
Scott Rasmussen / Wall Street Journal:
The Polls Show That Reaganism Is Not Dead — Barack Obama won the White House by campaigning against an unpopular incumbent in a time of economic anxiety and lingering foreign policy concerns. He offered voters an upbeat message, praised the nation as a land of opportunity …
RELATED:
Sheryl Gay Stolberg / New York Times:
A Visit Both Historic and Perhaps Awkward
A Visit Both Historic and Perhaps Awkward
Discussion:
Washington Post, Spin Cycle, The Caucus, Time, Raleigh News & Observer, TIME.com and Outside The Beltway
Glenn Thrush / The Politico:
Biden's new role: Good cop — A few days before the election, a Democratic strategist privately worried that a Vice-President Joe Biden was destined for a White House career of dissatisfaction and idle-hands mischief. — “You can't just have a guy like him at loose ends, he'd go crazy,” …
RELATED:
Chris Cillizza / Washington Post:
Van Hollen to Stay as Chair of House Democrats' Campaign Arm
Van Hollen to Stay as Chair of House Democrats' Campaign Arm
Discussion:
TPM Election Central, DownWithTyranny!, TIME.com, MyDD, Swing State Project and The Crypt's Blogs
James Rainey / Los Angeles Times:
Right-wing media feeds its post-election anger — Rush Limbaugh and Sean Hannity dive shamelessly in, talking about the ‘Obama recession’ and other partisan lines. — You have to give Rush Limbaugh a perverse kind of credit. At least when he is demonizing Barack Obama, fabricating Obama policies …
Washington Post:
Under Obama, Web Would Be the Way — CHICAGO — Armed with millions of e-mail addresses and a political operation that harnessed the Internet like no campaign before it, Barack Obama will enter the White House with the opportunity to create the first truly “wired” presidency.
Rich Schapiro / NY Daily News:
N.J. pol No. 1 threat at club — A drunken Jersey City councilman was arrested for urinating on a crowd of concertgoers from the balcony of a Washington nightclub, police and club sources said Saturday. — Councilman Steven Lipski was caught relieving himself onto several revelers …
Discussion:
Gateway Pundit, Moonbattery, The Raw Story, Pam's House Blend and Anne Schroeder's Blogs
Monte Whaley / Denver Post:
Race in 4th is over, but not ill will — After a bitter campaign, the GOP's Marilyn Musgrave has yet to congratulate Democrat Betsy Markey or concede. — Bitterness generated by the bruising battle between Betsy Markey and Marilyn Musgrave apparently lingers days after voters decided the winner of the 4th Congressional District.
Paola Totaro / The Age:
Warning of new bin Laden attack — OSAMA bin Laden is planning an attack against the United States that will “outdo by far” September 11, an Arab newspaper in London has reported. — And according to a former senior Yemeni al-Qaeda operative, the terrorist organisation has entered a …
Andrew / Red State, Blue State, Rich State, Poor State:
The myth of poor Democratic performance in House races in the 2008 election — There's an idea going around that the Democrats turned in a disappointing performance in Congressional races this year. For example, a politically-minded friend of mine of the liberal persuasion wrote …
Los Angeles Times:
Schwarzenegger tells backers of gay marriage: Don't give up — The governor expresses hope that Proposition 8 would be overturned as protesters continued to march outside churches across California. — Reporting from Sacramento and Lake Forest — Gov. Arnold Schwarzenegger on Sunday expressed hope …