Top Items:
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 …
Discussion:
ABCNEWS, The Huffington Post, TalkLeft, Ben Smith's Blogs, Shakesville, Liberal Values and Grasping Reality …
RELATED:
Mike Allen / The Politico:
Berkeley economist to head Obama economic council
Berkeley economist to head Obama economic council
Discussion:
Marginal Revolution
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.
Discussion:
TalkLeft, The Moderate Voice, Open Left, Below The Beltway, Washington Post, Reason, Donklephant, Tech Ticker, www.redstate.com, Vox Popoli, Sister Toldjah and Moonbattery
RELATED:
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.
RELATED:
Daniel Libit / The Politico:
Sloppy Dems may spell Franken advantage — One of the closest elections in U.S. Senate history is hurtling towards a critical juncture in its ongoing recount this week, as the campaign of Democratic challenger Al Franken opens a new legal front in its battle to break a virtual tie with Republican Sen. Norm Coleman.
Discussion:
www.redstate.com, Political Machine, The Raw Story, Outside The Beltway, Wonkette, The Reaction, Braublog and Campaign Silo
RELATED:
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 …
RELATED:
Steve Benen / Washington Monthly:
THEY BEG HIS PARDON.... This ought to be interesting.
THEY BEG HIS PARDON.... This ought to be interesting.
Discussion:
The Huffington Post
Lori Montgomery / Washington Post:
Democrats' Stimulus Plan May Reach $700 Billion — Spending Package Could Rival Financial System Bailout — Facing an increasingly ominous economic outlook, President-elect Barack Obama and other Democrats are rapidly ratcheting up plans for a massive fiscal stimulus program that could total …
Discussion:
American Prospect, The Huffington Post, Matthew Yglesias, The Moderate Voice, Political Punch, Washington Monthly, The Crypt's Blogs, NY Daily News, Brian Beutler, Wall Street Journal, The Campaign Spot, Environmental Capital, The Raw Story, Greg Mankiw's Blog, Economy Watch, The Hill, Kevin Drum and Booman Tribune
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.
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 …
Howard Kurtz / Washington Post:
Media Notes: An Interview With Outgoing White House Press Secretary Dana Perino — The network stars were gone, the seats half empty and the questioning low-key as Dana Perino held a White House briefing last week, her biggest announcement that the administration would try to ease air traffic for the holidays.
Huma Khan / Political Punch:
Halperin Decries ‘Disgusting’ Pro-Obama Media Bias in Election Coverage — Via Politico we hear that at a recent conference, Mark Halperin — of Time and ABC News — decried the media coverage of the 2008 race. — “It's the most disgusting failure of people in our business since the Iraq war,” Halperin said.
Discussion:
Crooks and Liars, Hot Air, The Heretik, Liberal Values, Cold Fury, Daily Kos, Soccer Dad, TPMCafe, NewsBusters.org and The E&P Pub
Myglesias / Matthew Yglesias:
What a Time It Was — Last night, some friends and I were listening to “Even Hitler Had a Girlfriend” and the little-known fact that The Mr. T Experience's Dr. Frank was a big-time liberal hawk warblogger back in the day came up. Even better, unlike most classic blogs, his archives are still 100 percent intact.
William Kristol / New York Times:
Admit We Don't Know — “In my view it has to be between five and seven hundred billion dollars,” proclaimed Senator Charles Schumer Sunday on ABC's “This Week.” The “it” is the economic stimulus package the new Congress intends to send to the new president, Barack Obama, in January.
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 …
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.
Julia Baird / Newsweek:
When Left is Right — Rachel Maddow always thought she was an outsider. How did she become a star? — From the magazine issue dated Dec 1, 2008 — “Can you believe that sellout, Barack Obama?” says Rachel Maddow, looking around the room. “Let's hit him from the left!”