Top Items:
CNN:
Obama, Bush ‘united’ in fixing economy — (CNN) — President-elect Barack Obama on Monday called the financial crisis one of “historic proportions” and said that he and the Bush administration are “united” in their efforts to get the economy back on track. — As Obama unveiled his economic team …
Discussion:
Washington Monthly, The Caucus, Spin Cycle, Wake up America, Connecting.the.Dots, Below The Beltway and MyDD
RELATED:
Myglesias / Matthew Yglesias:
Melody Barnes to Run Domestic Policy Council — My ThinkProgress colleagues are reporting that Melody Barnes, who was at CAP before I got on board, will head the Domestic Policy Council in the Obama White House. The DPC is in charge of interagency coordination and policy formation …
Discussion:
Ta-Nehisi Coates, Think Progress, The Field on the Narcosphere, Newshoggers.com, Open Left, TalkLeft, The Politico, The Nation, ATTACKERMAN and News Cut
Jaketapper / Political Punch:
Obama to Tap Berkeley Prof to Chair Council of Economic Advisers — From Jake Tapper and George Stephanopoulos: — ABC News has learned that President-elect Obama had tapped University of California -Berkeley economics professor Christina Romer to be the chair of the Council of Economic Advisers …
Mike Allen / The Politico:
Berkeley economist to head Obama economic council — President-elect Obama plans to name Christina Romer, an expert on tax cuts and recessions who is an economics professor at the University of California at Berkeley, to chair his Council of Economic Advisers, aides said.
SteveK / TVNewser:
Alan Colmes Leaving “Hannity & Colmes” — Breaking: Alan Colmes is leaving his position as co-host of “Hannity & Colmes” at the end of 2008. — According to the FNC release, he will stay on as a liberal commentator for FNC and as host of The Alan Colmes Show on FOX News Radio.
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BREITBART.COM:
Alan Colmes to Depart Top Rated Hannity & Colmes — FOX News Channel's (FNC) Alan Colmes will relinquish his role as co-host of Hannity & Colmes at the end of the year. — In announcing his decision, Colmes said, “I approached Bill Shine (FNC's Senior Vice President of Programming) …
Michael Calderone / The Politico:
Hannity and Colmes split up — Fox News announced that after 12 years, Alan Colmes will be leaving the top-rated “Hannity & Colmes” at the end of the year. — “I approached Bill Shine (FNC's Senior Vice President of Programming) earlier this year about wanting to move on after 12 years …
Discussion:
Washington Monthly
Bloomberg:
Fed Pledges Top $7.4 Trillion to Ease Frozen Credit — Nov. 24 (Bloomberg) — The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.
RELATED:
Jeff Montgomery / delawareonline:
Minner naming Ted Kaufman to fill Biden's seat — Gov. Ruth Ann Minner said today she will appoint Ted Kaufman, a longtime, close adviser to Sen. Joe Biden, to fill the senator's seat until a 2010 special election, a move that some warned could leave Delaware Democratic Party feelings bruised for years to come.
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Aaron Blake / The Hill:
Longtime adviser to replace Biden — Ted Kaufman, a longtime adviser to Vice President-elect Joe Biden, has been chosen as his interim replacement in the Senate. — Delaware Gov. Ruth Ann Minner (D) held a press conference Monday afternoon to announce the selection.
Justin Rood / ABCNEWS:
Citi, AIG Won't Drop Big Sports Sponsorships — Critics Slam Bailed-Out Firms' Pricey Deals for Naming Rights, Logo Placement — AIG, Citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team sponsorships …
Discussion:
Think Progress, The Huffington Post, Firedoglake, Below The Beltway, Wonkette, Hot Air, A Blog For All, Don Surber and The E&P Pub
Huma Khan / Political Punch:
Rice Likely to UN for Obama (Susan, Not Condi) — From Jake Tapper, George Stephanopoulos, and Martha Raddatz: — ABC News has learned that Dr. Susan Rice has emerged as the leading candidate to be President-elect Obama's nominee as U.S. Ambassador to the United Nations.
Mike Madden / Salon:
Barack Obama, honeymoon killer? — WASHINGTON — One of the first things Barack Obama did after winning the election two weeks ago was put an old-school political brawler in charge of his White House. Next, he saved Joe Lieberman. Then, he met with John McCain, and asked Hillary Clinton to run his State Department.
Discussion:
Jules Crittenden, Democracy in America, Democratic Strategist, Hot Air, Bark Bark Woof Woof and Shakesville
Paul Krugman:
Citigroup — Mark Thoma has the rundown of informed reactions. A bailout was necessary — but this bailout is an outrage: a lousy deal for the taxpayers, no accountability for management, and just to make things perfect, quite possibly inadequate, so that Citi will be back for more.
Discussion:
Economist's View, Talking Points Memo, The Nation, Bronte Capital, Matthew Yglesias and Lawyers, Guns and Money
ABCNEWS:
Whistleblower: U.S. Snooped on Tony Blair, Iraqi President — Former Intercept Operator Tells ABC News He Saw Blair File, Heard “Pillow Talk” of Iraqi Leader — A former communications intercept operator says U.S. intelligence snooped on the private lives of two of America's most important allies …
Michael Schneider / Variety:
Needed: Network bailout? — Bad economy slows ad sales — It's D-Day for the broadcast networks. — They've been living on borrowed time for the better part of two decades, thanks to advertisers willing to toss in more cash each year even as ratings slowly trended ever lower.
Ben Smith / Ben Smith's Blogs:
Tomorrow, austerity — Obama's staff won't elaborate, but the President-Elect said just now that he'd roll out a plan to cut the federal budget tomorrow — something both presidential candidates said they'd do, but neither detailed. — “[T]o make the investments we need …
ABCNEWS:
CONSERVATIVE LADIES PRETTY IN MINK — Pretty in Mink: Conservative Leading Ladies — Ann Coulter is the author of six New York Times best-sellers, a popular syndicated columnist and a frequent TV pundit. She is the 2004 recipient of the Luce Policy Institute's Woman of the Year Award …
Discussion:
Townhall.com
cfinst.org:
REALITY CHECK: Obama Received About the Same Percentage from Small Donors in 2008 as Bush in 2004 — Obama also raised 80% more from large donors than small, outstripping all rivals and predecessors — It turns out that Barack Obama's donors may not have been quite as different as we had thought.
Wall Street Journal:
The Sidwell Choice — The Obama family leads by example. — Michelle and Barack Obama have settled on a Washington, D.C., school for their daughters, and you will not be surprised to learn it is not a public institution. Malia, age 10, and seven-year-old Sasha will attend the Sidwell Friends School …
Arianna Huffington / The Huffington Post:
Hillary + Obama = High Drama — It's too early to tell what changes Hillary Clinton will bring to Barack Obama's foreign policy, but she's already had an enormous effect on his brand. Her addition to his team has turned “No Drama Obama” into “Mo' Drama Obama.”
Discussion:
Wonkette