Top Items:
Eric Dash / New York Times:
Saving Citi May Create More Fear — One bailout was not enough for Citigroup. And it may not be enough for other big banks. — While Citigroup's second multibillion-dollar rescue from Washington hit Wall Street like a shot of adrenaline on Monday, many analysts worried that the jolt would soon wear off.
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Board of Governors of the Federal Reserve System:
For release at 8:15 a.m. EST
For release at 8:15 a.m. EST
Discussion:
The Swamp
E. J. Dionne Jr / Washington Post:
Obama's Brain Trust — President-elect Barack Obama has now made three things clear about his plans to bring the economy back: He wants his actions to be big and bold. He sees economic recovery as intimately linked with economic and social reform. And he is bringing in a gifted brain trust to get the job done.
Discussion:
Hugh Hewitt's TownHall Blog, Real Clear Politics, marbury, TPM Election Central and Matthew Yglesias
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New York Times:
Mr. Obama's Economic Advisers
Mr. Obama's Economic Advisers
Discussion:
Washington Post, The Sideshow, Real Time Economics, Wall Street Journal, Open Left and New York Times
Andrew Ross Sorkin / New York Times:
Where Was Geithner in Turmoil? — President-elect Barack Obama …
Where Was Geithner in Turmoil? — President-elect Barack Obama …
Alexander Bolton / The Hill:
For Collins, forgiveness may be tough — The tactics used by Democrats to secure at least 58 Senate seats may have damaged their chances of winning vital support from Sen. Susan Collins (R-Maine) in key votes in the 111th Congress. — Collins told colleagues at a small Senate prayer breakfast meeting …
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Roger Simon / The Politico:
GOP senator: We haven't learned — The Republican U.S. senator sits glumly across the restaurant table. — “I don't think we have learned much from the election in terms of what people want to see,” he says. “We have the same gridlock.” — By the “same gridlock,” he means that party hard-liners …
Discussion:
The Moderate Voice, No More Mister Nice Blog, PoliPundit.com, Say Anything, Macsmind, www.redstate.com and CNN
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Nate Silver / FiveThirtyEight.com:
[UPDATED] State Pegs Coleman Lead at 172 Votes; Challenges Increase for Fourth Straight Day — UPDATED at 9:50 PM with technical mumbo-jumbo. — The nightly, 8 PM update from the Minnesota Secretary of State now shows Norm Coleman with a nominal lead of 172 votes over Al Franken.
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Bob Von Sternberg / Minneapolis Star Tribune:
Run-up in ballot challenges cloud Coleman-Franken recount
Run-up in ballot challenges cloud Coleman-Franken recount
Wall Street Journal:
Why Don't We Hang Pirates Anymore? — It's a safe bet, dear reader, that the title of this column has caused you to either (a) roll your eyes and wonder, What century do you think we're living in? or (b) scratch your head and ask, Yes, why don't we? Wherever you come down …
Discussion:
Betsy's Page
David Kocieniewski / New York Times:
The Congressman, the Donor and the Tax Break — Representative Charles B. Rangel has helped raise $11 million for a City College of New York school of public service to be named in his honor. In recent months, as questions have emerged about his fund-raising, he has insisted that he has kept …
Discussion:
The Swamp, The Crypt's Blogs, Washington Post, Spin Cycle, www.redstate.com, JammieWearingFool and New York Post
Eric Lichtblau / New York Times:
Bush Issues 14 Pardons and Commutes 2 Sentences — WASHINGTON — President Bush granted 14 pardons and commuted two prison sentences on Monday, but the benefactors included none of the big names who had become the topic of speculation as Mr. Bush leaves office.
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Drudge Report:
RUSSIAN ANALYST PREDICTS DECLINE AND BREAKUP OF USA — A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts. — Professor Igor Panarin …
Seema Mehta / Los Angeles Times:
Claremont parents clash over kindergarten Thanksgiving costumes — Some say having students dress up as pilgrims and Native Americans is ‘demeaning.’ Their opponents say they are elitists injecting politics into a simple children's celebration. — For decades, Claremont kindergartners …
Ezra Klein / American Prospect:
THE BEST AND THE BRIGHTEST. — “Isn't it amazing,” asks Krugman, “just how impressive the people being named to key positions in the Obama administration seem? Bye-bye hacks and cronies, hello people who actually know what they're doing. For a bunch of people who were written off …
John B. Taylor / Wall Street Journal:
Why Permanent Tax Cuts Are the Best Stimulus — Short-term fiscal policies fail to promote long-term growth. — The incoming Obama administration and congressional Democrats are now considering a second fiscal stimulus package, estimated at more than $500 billion, to follow the Economic Stimulus Act of 2008.
James Parks / AFL-CIO NOW BLOG:
CNN Ordered to Rehire 110 Workers Fired for Belonging to a Union — This report likely won't be on CNN's “Headline News,” but after five years, former workers at CNN have finally gained justice. In a decision made public today, an administrative law judge ordered the network to rehire 110 workers …
Eugene Volokh / The Volokh Conspiracy:
More on Hillary Clinton and the Emoluments Clause: — From Prof. Michael Stokes Paulsen, author of Is Lloyd Bentsen Unconstitutional?, 46 Stanford L. Rev. 907 (1994) (some paragraph breaks added, some glitches fixed with Prof. Paulsen's advance permission):
David Zucchino / Los Angeles Times:
Injured veterans engaged in new combat — In a little-noticed regulation change, the Pentagon's definition of combat-related disabilities is narrowed, costing some wounded veterans thousands of dollars in lost benefits. — Marine Cpl. James Dixon was wounded twice in Iraq — by a roadside bomb and a land mine.
Discussion:
Think Progress