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.
Discussion:
Alas, a blog, The RBC, Associated Press, Kevin Drum, The Jed Report, Buck Naked Politics, Michelle Malkin, Firedoglake, Philly.com, TIME.com, Matthew Yglesias and Hot Air
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.
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:
New York Times:
Obama Aides Signal a Boost in Stimulus Spending
Obama Aides Signal a Boost in Stimulus Spending
Discussion:
Fox News, Reuters, ABCNEWS, News Cut, The Moderate Voice, TalkLeft, The Politico and Political Punch
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:
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 …
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.
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 …
RELATED: