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 …

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) …

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.

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.

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.

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 …

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.

Holy Land Foundation defendants guilty on all counts  —  jtrahan@dallasnews.com  —  A jury on Monday determined that the Holy Land Foundation and five men who worked with the Muslim charity were guilty of three dozen counts related to the illegal funneling of at least $12 million to the Palestinian terrorist group Hamas.

Hillary Clinton and the Emoluments Clause: There's been talk about whether Sen. Hillary Clinton is disqualified from a position as Secretary of State by the Emoluments Clause: … Adam Bonin's Daily Kos blog has a bit more on this, but the short version is that a Jan. 2008 executive order …

POLITICAL NOTEBOOK: Freedom's Watch effort winding down  —  Conservative group's future undecided  —  Freedom's Watch, the conservative group backed by Las Vegas Sands Corp. Chairman Sheldon Adelson, is pretty much kaput, sources with knowledge of the organization said.

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 …

Two-Thirds Approve of Transition; Expectations on Economy Pull Back  —  ABC News Poll Finds 44 Percent Think Obama Will Improve Economy Significantly  —  Americans have eased back on their expectations of Barack Obama's ability to improve the crippled economy, potentially buying …

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 …

Richard Clarke for CIA Director  —  What's more than a little infuriating about Washington is that being right is never rewarded.  If you're a pundit who was wrong on the Iraq War, you will always have a seat at the table.  God forbid you were right about not going into Iraq …

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.

Barak: Hizbullah has 42,000 missiles  —  Defense Minister Ehud Barak on Monday cautioned that Hizbullah had greatly improved its capabilities since the Second Lebanon War and was in possession of rockets that could reach as far south as Dimona.  The defense minister also warned Beirut …