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 tens of billions of dollars in losses at the struggling bank, the government announced late Sunday night.
Discussion:
Michelle Malkin, Firedoglake, Buck Naked Politics, Associated Press, Philly.com, naked capitalism, TIME.com, Matthew Yglesias and Hot Air
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Wall Street Journal:
Citigroup, U.S. in Talks to Create ‘Bad Bank’ — Citigroup Inc. is nearing agreement with U.S. government officials to create a structure that would house some of the financial giant's risky assets, according to people familiar with the situation. — While the discussions remain fluid …
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.
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.
New York Times:
Obama Aides Signal a Boost in Stimulus Spending — WASHINGTON — President-elect Barack Obama has signaled that he will pursue a far more ambitious plan of spending and tax cuts than anything he outlined on the campaign trail — a plan “big enough to deal with the huge problem we face,” …
Discussion:
Fox News, Reuters, ABCNEWS, TalkLeft, The Politico, The Moderate Voice and Political Punch
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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 …
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.
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
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 …
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Watertiger / Dependable Renegade:
“Screw it. Ah'm off the wagon an' lovin' it.” — While attending APEC in Lima, Bush partakes of a traditional Peruvian drink known as a “Pisco Sour” (leave your puns in comments). The ingredients? … And it shows: — “You Orientals tickle!” — REUTERS/Kevin Lamarque
Discussion:
The Reaction
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.
Faiz Shakir / Think Progress:
George Will: 'The First New Deal Didn't Work' — Economists on both the left and right broadly agree that the need for stimulative government spending is necessary to prevent a further collapse of the global economic system — just as the New Deal and the deficit spending of World War II restored …
Jodi Kantor / New York Times:
An Old Hometown Mentor, and Still at Obama's Side — CHICAGO — On a dark afternoon last week, the road to Jerusalem and Beijing momentarily veered through the office of a real estate company here. — Valerie Jarrett, the company's chief executive, had signed her resignation letter an hour earlier …
Discussion:
The Swamp
Howard Witt / Los Angeles Times:
White extremists lash out over election of first black president — The Ku Klux Klan is emerging from decades of disorganization and obscurity, and the turnaround is acutely evident — more than 200 hate-related incidents have been reported since the Nov. 4 election.
Discussion:
cab drollery
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Booman Tribune:
Casual Observation — At this point, I am about 99% sure that more than half my progressive blogging cohorts would absolutely insist, if they had lived through the 1930's, that Franklin Delano Roosevelt is nothing by a center-right centrist who has nothing but contempt for the real Left.
Kevin Bogardus / The Hill:
Obama names communications staff — President-elect Barack Obama on Saturday announced that Robert Gibbs would be his White House press secretary and Ellen Moran would serve as director of communications. — Gibbs, a long-time aide, was long believed to become the public face of the Obama White House.
Discussion:
The Politico
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