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4:50 AM ET, November 24, 2008

memeorandum

 Top Items: 
Eric Dash / New York Times:
U.S. Approves Plan to Help Citigroup Weather Losses  —  Federal regulators approved a radical plan to stabilize Citigroup in an arrangement in which the government could soak up billions of dollars in losses at the struggling bank, the government announced late Sunday night.
RELATED:
Bradley Keoun / Bloomberg:
Citigroup Gets Government Guarantees on $306 Billion of Assets  —  Nov. 24 (Bloomberg) — Citigroup Inc. will have $306 billion of troubled mortgages and other assets guaranteed by the U.S. government under a federal plan to stabilize the lender after its stock fell 60 percent last week.
BBC:
Citigroup seeks ‘emergency cash’
Discussion: naked capitalism
Dschabner / Political Punch:
Goal: Stimulus Package on Obama's Desk by Jan. 20  —  Democratic sources tell ABC News that President-elect Obama's transition team is working with lawmakers on Capitol Hill so that on Obama's first day in office, Jan. 20, 2009, an economic stimulus package has passed both houses of Congress and is awaiting his signature.
RELATED:
Nate Silver / FiveThirtyEight.com:
Projection: Franken to Win Recount by 27 Votes  —  As we wrote yesterday evening, the ever-increasing number of challenged ballots in Minnesota is making it more and more difficult to determine the extent to which Al Franken is in fact gaining ground in the state's recount process.
The Politico:
Obama skips church, heads to gym  —  President-elect Barack Obama has yet to attend church services since winning the White House earlier this month, a departure from the example of his two immediate predecessors.  —  On the three Sundays since his election, Obama has instead used his free time to get in workouts at a Chicago gym.
CNN:
Forbes: Paulson is ‘worst’ treasury secretary in modern times  —  WASHINGTON (CNN) — Forbes magazine President and CEO Steve Forbes called Treasury Secretary Henry Paulson “the worst treasury secretary we've had in modern times”, citing, among other things, the government's handling of the housing crisis.
SaneWorks.us:
CAIR Sued by Former Clients for Racketeering, Fraud, & Breach of Fiduciary Duties  —  For more information:  —  David Yerushalmi, Esq.  —  Law Offices of David Yerushalmi  —  ContactYerushalmiLaw@verizon.net  —  646.262.0500  —  Washington, DC: Four clients of the Council …
RELATED:
Baron Bodissey / Gates of Vienna:
Serving CAIR At Its Own Banquet
Discussion: Atlas Shrugs and Gateway Pundit
John Hallmann / The Huffington Post:
Why America Feels Like it's Been Ruled by a Foreign Occupier  —  As Obama takes over the wreckage this country is in, one can't help but feel like something alien to America has been controlling it these past eight years.  The wave of emotion that has erupted with the election of Barack …
Carrie Johnson / Washington Post:
As President Bush's Term Comes to an End, Some Well-Known Offenders Seek Pardons  —  With a backlog of applications piled up at the Justice Department, high-profile criminals and their well-connected lawyers increasingly are appealing directly to President Bush for special consideration …
Discussion: TIME.com
RELATED:
Matt Corley / Think Progress:
Woodward: Bush 'Doesn't Like Homework,' Which Means ‘Reading,’ ‘Getting Briefed’ Or ‘Having A Debate’  —  On the Chris Matthews Show today, Matthews argued that one of the major differences between President Bush and President-elect Barack Obama is the fact that Obama is intellectually curious.
Discussion: Liberty Street
John Amato / Crooks and Liars:
Neil Cavuto in screamathon with Ben Stein over our failed economy and how to repair it  —  John Amato's virtual online magazine...OK, It's a blog!  — Home- Archives  — Tags Directory  — Contact Us- Donate- FAQ  — Advertising- Commenting- General Problems- Media Problems- Supported Browsers- User Registration
Discussion: Hullabaloo
Wall Street Journal:
Scowcroft Protégés on Obama's Radar  —  WASHINGTON — Many of the Republicans emerging as potential members of the Obama administration have professional and ideological ties to Brent Scowcroft, a former national-security adviser turned public critic of the Bush White House.
Agence France Presse:
Worst of financial crisis yet to come: IMF chief economist … The IMF's chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday.  —  Olivier Blanchard also warned that the institution does …
Discussion: Don Surber and The Moderate Voice
Nick Timiraos / Wall Street Journal:
Builders Make Plea for Federal Aid  —  Critics Warn That Propping Up Housing Demand Will Only Prolong Market's Woes  —  Struggling U.S. auto makers left Washington empty-handed after weeks of pleading for a handout, but that hasn't deterred home builders from stepping up to lobby Congress for help.
Discussion: TIME.com and Eschaton
Desi / Greatscat!:
Grim and Grimmer  —  As bleak as the fate of the Big Three is looking at the moment, and life for the autoworkers, and their various suppliers, the picture has been steadily getting even darker on the possible alternative jobs front.  —  Some had hoped that the makers of agricultural machinery …
David Sirota / The Huffington Post:
Confused About Tax Promises  —  I'm confused about the state of Barack Obama's tax promises.  Last week we heard this strong, admirable declaration that campaign promises would be upheld - a rejection of the “center-right” media meme that tax increases on the super-wealthy hurt the economy …
Discussion: Firedoglake, Open Left and Hot Air
RELATED:
Randall Mikkelsen / Reuters:   Obama may delay tax-cut rollback for wealthy
 
 
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 More Items: 
Jim Henley / Unqualified Offerings:
Dry Your Eyes, Emo Kid
Discussion: Matthew Yglesias and Eunomia
Jodi Kantor / New York Times:
An Old Hometown Mentor, and Still at Obama's Side
Discussion: The Swamp
Howard Witt / Los Angeles Times:
White extremists lash out over election of first black president
Discussion: cab drollery and The Swamp
Con Coughlin / Telegraph:
Iran receives al Qaeda praise for role in terrorist attacks
Discussion: American Power and Jihad Watch
 Earlier Items: 
Lori Montgomery / Washington Post:
Obama Sets Expansive Goal for Jobs
Discussion: Power Line, Say Anything and The Corner
Kevin Bogardus / The Hill:
Obama names communications staff
Discussion: The Politico
Codepink / CODEPINK Women for Peace:
Medea's Blog Day #1 Iran Citizen Diplomacy
Discussion: Townhall.com and Gateway Pundit
Watertiger / Dependable Renegade:
“Screw it. Ah'm off the wagon an' lovin' it.”
Discussion: The Reaction
Andy Newman / New York Times:
Irony Is Dead. Again. Yeah, Right.
Discussion: Althouse
 

 
From Mediagazer:

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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