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.
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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.
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, Pajamas Media, TIME.com, ATTACKERMAN, PoliGazette, Open Left, MSNBC, Colin McEnroe, Bark Bark Woof Woof and The E&P Pub
Jeff Zeleny / New York Times:
Obama Weighs Quick Undoing of Bush Policy — CHICAGO — President-elect Barack Obama is poised to move swiftly to reverse actions that President Bush took using executive authority, and his transition team is reviewing limits on stem cell research and the expansion of oil and gas drilling …
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Michael A. Fletcher / Washington Post:Aide: Middle-Class Tax Cut a Priority
Discussion:
Political Radar
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:
Emptywheel, The Big Picture, AMERICAblog News, Prairie Weather, Kevin Drum, Matthew Yglesias, The Agonist and BlondeSense
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Hilzoy / Washington Monthly:
Excuse Me? — Here's a disturbing story: … The WSJ covered this a few weeks back (h/t publius.) — Here's the relevant section of the Internal Revenue Code. It provides that “The Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the purposes of this section and section 383”.
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.
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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 …
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Sheryl Gay Stolberg / New York Times:A Visit Both Historic and Perhaps Awkward
Discussion:
Washington Monthly, Washington Post, Spin Cycle, The Caucus, Time, Law Blog, Raleigh News & Observer, Outside The Beltway and TIME.com
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,” …
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Chris Cillizza / Washington Post: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
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.
Lydia Saad / Gallup:
Obama and Bush: A Contrast in Popularity — Transition marked by sharp divergence in leaders' ratings — USA - Election 2008 - Favorability - Government and Politics - Presidential Job Approval - Americas - Northern America — PRINCETON, NJ — Monday's White House meeting between …
Associated Press:
Obama planning US trials for Guantanamo detainees — Featured Topics: - Barack Obama - Presidential Transition — WASHINGTON - President-elect Obama's advisers are quietly crafting a proposal to ship dozens, if not hundreds, of imprisoned terrorism suspects to the United States to face criminal trials …
Discussion:
Washington Monthly, ATTACKERMAN, The Washington Independent, TIME.com and JammieWearingFool
McQ / QandO:
MORE SHARE THE WEALTH ... From the usual suspects. In this case, specifically, Jim Moran, Democrat, Virginia: … No comment necessary. — [HT: Pundit Review]
Juan Williams / Wall Street Journal:
What Obama's Victory Means for Racial Politics — Barack Obama's election is both an astounding political victory — and the end of an era for black politics. — It is not even 50 years since a group of civil-rights workers challenged racial segregation on interstate bus travel.
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