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12:50 PM ET, November 23, 2008

memeorandum

 Top Items: 
Thomas L. Friedman / New York Times:
We Found the W.M.D.  —  So, I have a confession and a suggestion.  The confession: I go into restaurants these days, look around at the tables often still crowded with young people, and I have this urge to go from table to table and say: “You don't know me, but I have to tell you that you shouldn't be here.
Washington Post:
Banking Regulator Played Advocate Over Enforcer  —  Agency Let Lenders Grow Out of Control, Then Fail  —  When Countrywide Financial felt pressured by federal agencies charged with overseeing it, executives at the giant mortgage lender simply switched regulators in the spring of 2007.
RELATED:
Gretchen Morgenson / New York Times:
That Money Isn't Leaving the Vault
Discussion: Whiskey Fire
Glenn Greenwald / Salon:
Progressive complaints about Obama's appointments  —  (updated below)  —  I've been genuinely mystified by the disappointment and surprise being expressed by many liberals over the fact that Obama's most significant appointments thus far are composed of pure Beltway establishment figures drawn …
Ben Smith / Ben Smith's Blogs:
Obama not ‘likely’ to push repeal of Bush tax cuts  —  Obama adviser Bill Daley says Obama will “more likely than not” postpone a tax increase for the rich until 2011, when the Bush tax cuts expire, rather than pushing to repeal them now.  —  He made the comment on Meet the Press …
Discussion: Donklephant
RELATED:
Randall Mikkelsen / Reuters:
Obama may delay tax-cut rollback for wealthy  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON (Reuters) - President-elect Barack Obama may consider delaying a campaign promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday.
Daniel Gross / Slate:
Why all those Great Depression analogies are wrong.  —  It's difficult to avoid the comparisons between the current sad state of financial affairs and the Great Depression.  “This is not like 1987 or 1998 or 2001,” Merrill Lynch CEO John Thain said at a conference on Nov. 11.
Michael Abramowitz / Washington Post:
Some in the Arab World Worry that Clinton Would Be More Hawk Than Dove  —  One Issue: Whether Probable Secretary of State Would Be More Hawk Than Dove  —  There is possibly no person President-elect Barack Obama considered for secretary of state who is more reliably pro-Israel …
Discussion: Commentary and TIME.com
RELATED:
Tim Shipman / Telegraph:
Barack Obama's aides believe he has made a mistake in hiring Hillary Clinton
New York Post:
RANGEL DOUBLE-DEAL$  —  REAPED DC HOME PERK WHILE BENDING APPLE RENTAL RULES  —  Harlem Rep. Charles Rangel took a “homestead” tax break on a Washington, DC, house for years while simultaneously occupying multiple rent-stabilized apartments in New York City, possibly violating laws and regulations in both cases.
Mike Allen / The Politico:
Richardson at Commerce, Summers as economic adviser  —  Democratic sources report two major decisions by President-elect Obama: New Mexico Gov. Bill Richardson (D) will be named secretary of Commerce, subject to final vetting.  And Lawrence Summers, Treasury secretary in the Clinton administration, will be White House economic adviser.
RELATED:
Jonathan Weisman / Wall Street Journal:   Summers to Head Economic Council
Al Eisele / The Huffington Post:
Jim Lehrer: Journalism is still about the story  —  Norman, Oklahoma - Jim Lehrer has two words of advice for mainstream journalists who worry that they're headed for extinction in the brave new world of the Internet.  —  The words are “Calm down.”  —  Lehrer, the executive editor and anchor …
Sarah Baxter / Times of London:
Green Obama's official limo is a gas guzzler  —  On the campaign trail, Barack Obama promised to get a million plug-in hybrid cars on the road by 2015.  His own new presidential limousine will be far from green, however.  —  The Obamobile being prepared for the president-elect …
Sophia A. Nelson / Washington Post:
It's My Party, But I Don't Feel Part of It  —  Election night was a bittersweet night for me.  Like most Americans, and especially as an African American, I found it deeply moving to watch President-elect Barack Obama and his family — soon to be our nation's first African American first family — stride onstage for his victory speech.
Patrick Hosking / Times of London:
Britain is in no position to laugh at Iceland's problems  —  Is Britain simply a bigger version of Iceland?  Certainly the City of London is starting to look a bit too much like Reykjavik, but with taller buildings and fewer cod.  It is an exaggeration, but not that much of an exaggeration …
Discussion: The Corner and EconLog
 
 
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 More Items: 
Frank James / The Swamp:
Obama's election spurs hate surge
Mark Steyn / The Corner:
My fowl lady  —  The rondeau a la turkey goes on.
Discussion: Anchorage Daily News
 Earlier Items: 
Melanie Kirkpatrick / Wall Street Journal:
Sounding the Nuclear Alarm
Discussion: ThreatsWatch
Amanda Terkel / Think Progress:
Chambliss Skips Vote On Unemployment Benefits While Giving …
Discussion: Associated Press
Agence France Presse:
Over 200 whales trapped in Canadian ice
Discussion: TigerHawk
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

 
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