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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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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.
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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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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
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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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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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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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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.
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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 …
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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
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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.
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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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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
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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
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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
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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 …
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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 …
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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” …