Top Items:
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 …
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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.
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.
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:
Washington Monthly, At-Largely, The Big Picture, Prairie Weather, AMERICAblog News, Kevin Drum, Matthew Yglesias, The Agonist and BlondeSense
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.
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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.
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 …
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Sheryl Gay Stolberg / New York Times:
A Visit Both Historic and Perhaps Awkward — WASHINGTON — For nearly two years on the campaign trail, Senator Barack Obama rarely missed a chance to take a swipe at President Bush. The name George W. Bush invariably followed the phrase “failed policies” in Mr. Obama's speeches.
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 …
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 …
Discussion:
NewsBusters.org, The Radio Equalizer, Think Progress, The Moderate Voice, Fausta's Blog, The Heretik, RADAMISTO, News Hounds and The E&P Pub
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.
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 …
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Edward Luce / Financial Times:
Obama set to push ‘big bang’ reform package — US President-elect Barack Obama intends to push a comprehensive programme of social and economic reform beyond an immediate emergency stimulus package, Rahm Emanuel, the next White House chief of staff, indicated on Sunday.
Discussion:
Vox Popoli
Kim Sengupta / The Independent:
MPs seek to censor the media — Britain's security agencies and police would be given unprecedented and legally binding powers to ban the media from reporting matters of national security, under proposals being discussed in Whitehall. — The Intelligence and Security Committee …
Discussion:
Guardian
McQ / QandO:
MORE SHARE THE WEALTH ... From the usual suspects. In this case, specifically, Jim Moran, Democrat, Virginia: … No comment necessary. — [HT: Pundit Review]
Discussion:
Hot Air
Shankar Vedantam / Washington Post:
Big Political Donors Just Looking for Favors? Apparently Not. — The Center for Responsive Politics recently estimated that it cost $5.8 billion to finance the 2008 general elections. To most people that is a staggeringly large sum and evidence of the profoundly corrupting role …
Norman Geras / normblog:
The return of the real — Sarah Baxter in today's Sunday Times: … In saying this, Sarah reprises the theme of the opening words of Obama's victory speech in Chicago. For a substantial part of the last eight years it has been impossible to escape the voices of all those who have been telling us …
New York Post:
TALENT SHOPS COURTING PALIN — SARAH Palin won't be vice president, but she won the hearts of talent scouts and literary agents who are scrambling to sign her to multimillion-dollar contracts. — CAA, ICM, William Morris, Paradigm and other agencies “smell books, talk shows and commentary for Fox and CNN” …