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12:35 PM ET, November 26, 2008

memeorandum

 Top Items: 
Jonathan Weisman / Wall Street Journal:
Volcker Tapped for Advisory Role  —  Ex-Fed Chief to Lead New Economic Panel of Outside Experts Who Will Brief Obama  —  President-elect Barack Obama will appoint former Federal Reserve Chairman Paul Volcker on Wednesday to be the chairman of a new White House advisory board tasked with helping …
RELATED:
CNN:
Obama names former Fed chairman to head recovery board  —  CHICAGO, Illinois (CNN) - President-elect Barack Obama Wednesday named former Federal Reserve chairman Paul Volcker, 81, to lead a new economic recovery board.  —  “Paul has been by my side throughout this campaign …
Discussion: Donklephant
Washington Wire:
Live-Blogging Obama's News Conference — Day Three  —  For the third time in as many days, President-elect Barack Obama will be holding a news conference in Chicago to announce appointments to his economics team and field questions from reporters.  —  Today's event, in Chicago at 10:45 EST …
Washington Wire:
Obama's Remarks on Economic Panel
Discussion: Washington Monthly
Mike Allen / The Politico:
Volcker will head new Obama board
Glenn Greenwald / Salon:
Joe Klein's extreme revisionism  —  (updated below)  —  Joe Klein, this week's Time Magazine, on George Bush's legacy: … Joe Klein, Face the Nation, May 4, 2003, with Bob Schieffer — 3 days after Bush's Mission Accomplished speech: … I'm glad that many people, including some journalists …
RELATED:
Joe Klein / Time:
Bush's Last Days: The Lamest Duck  —  We have “only one President at a time,” Barack Obama said in his debut press conference as President-elect.  Normally, that would be a safe assumption — but we're learning not to assume anything as the charcoal-dreary economic winter approaches.
Discussion: TIME.com
Jeanne Carstensen / Salon:
Why churches fear gay marriage  —  For author Richard Rodriguez, no one is talking about the real issues behind Proposition 8.  —  While conservative churches are busy trying to whip up another round of culture wars over same-sex marriage, Rodriguez says the real reason for their panic lies elsewhere …
Juliet Eilperin / Washington Post:
White House Prods Allies to Oppose Limits on Greenhouse Gases  —  As the Bush administration prepares to issue its ruling on whether to limit greenhouse gases, it's sending out a message to some of its allies: Tell us how much you don't want us to regulate emissions linked to global warming.
RELATED:
Scott / Power Line:
MINNESOTA SENATE RECOUNT, UPDATE VIII  —  The Franken campaign and its allies such as Minnesota Secretary of State Mark Ritchie and Hennepin County Attorney Mike Freeman are now focusing on rejected absentee ballots.  In today's Star Tribune Kevin Duchschere shows that Ritchie is improvising …
RELATED:
Paul Walsh / Minneapolis Star Tribune:
Canvassing Board meets today about rejected absentee ballots
Discussion: TPM Election Central
FlyOnTneWall / FlyOnTneWall's Blog:
Keeping Gates Signals Change  —  Keeping Bob Gates as Secretary of Defense was the most dramatic signal Barack Obama could have sent that he intends to implement major changes in defense policy.  That may sound counterintuitive, but it has the virtue of being true.
Andrew Sullivan / The Daily Dish:
“Unlikely” Or Lesbian?  —  Every now and again, someone gets the fame they deserve.  Rachel Maddow is photographed by Roger Erickson for the Out 100 this year, the magazine's tally of the 100 gay people who made the biggest impact in America in 2008.  From Julia Baird's profile in Newsweek:
Discussion: Political Machine
Washington Post:
Send Bill Clinton to the Senate  —  Amid the blizzard of résumés blanketing Washington as the Obama era dawns, there is a superbly qualified candidate for full employment whose name has been overlooked.  We refer, of course, to William Jefferson Clinton, America's 42nd chief executive and commander in chief.
Ruth Marcus / Washington Post:
Michelle Obama's ‘Mommy’ Stamp  —  When Michelle Obama took to describing her new role as mom in chief, my first reaction was to wince at her words.  My second reaction was to identify with them.  —  I was okay, actually, with what Obama said.  But I worried: Did she have to say it out loud, quite so explicitly?
Discussion: Commentary and Eschaton
Josh Drobnyk / Los Angeles Times:
Democrats may play hardball in Pennsylvania  —  MSNBC's Chris Matthews could be in the mix of candidates hoping to win Republican Sen. Arlen Specter's seat in 2010.  —  Reporting from Washington — The Northeast's dwindling cast of Senate Republicans has Democrats circling Arlen Specter's seat …
Discussion: Townhall.com, TVNewser and FishBowlDC
Associated Press:
Feds warn of terror plotting against NYC subways  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Federal authorities are warning law enforcement personnel of a possible terror plot against the New York City subway and train systems during the holiday season …
Discussion: Hot Air and Wake up America
Robert D. Kaplan / The Atlantic Online:
Obama's Foreign Policy: Buying in at the Bottom  —  In the spring of 1977, Menachem Begin was elected prime minister of Israel and surprised everyone by choosing as his foreign minister not someone from his own Likud Party, but a star of the opposing Labor Party, Moshe Dayan.
Wall Street Journal:
Fed Aid Sets Off a Rush to Refinance  —  The Federal Reserve's attempt to stabilize the housing market set off a chain reaction across the U.S. on Tuesday, dropping interest rates and quickly spurring a burst of refinancing activity by borrowers eager to lower their mortgage costs.
Dietmar Hawranek / Spiegel Online:
German Auto Industry Facing the Abyss  —  More than 1.5 million workers in Germany depend on the automobile industry for their jobs.  But that industry is now facing one of its worst crises ever.  Respected giants BMW and Mercedes are particularly exposed as sales plummet.
Discussion: Daimnation!
Michael Shedlock / Mish's Global Economic …:
State of New Jersey Is Insolvent  —  The state of New Jersey is insolvent.  Bankrupt might be a better word.  New Jersey is $60 billion in the hole on pension funding and the Governor is planning on skipping payments in a “pension payment holiday” until 2012 so as to not increase property taxes.
Discussion: EconLog
New York Times:
So Who Picked Up the Tab?  —  More questions are being raised about the doubtful ethics of Representative Charles Rangel of New York, the chairman of the tax-writing House Ways and Means Committee.  The latest sniff of scandal — a breakfast meeting with a donor seeking tax protection …
Discussion: The Daily Politics
Ilya Somin / The Volokh Conspiracy:
Obama Chief of Staff Hopes to Exploit the Economic Crisis to Expand the Growth of Government:  —  In earlier posts (e.g. - here and here) I have emphasized the risk that the combination of economic crisis and unified Democratic control of Congress and the White House would lead to a vast expansion of government.
Discussion: Sister Toldjah
James C. Dobson, Ph.D. / CitizenLink:
Dr. Dobson: 'We Won't Be Silenced'  —  Washington Post columnist says the Republican Party must ditch God in order to survive.  —  So, Kathleen Parker has determined that getting rid of social conservatives and shelving the values they fight for is the solution to what ails the Republican Party ("Giving Up on God," Nov. 19).
 
 
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 More Items: 
Associated Press:
Obama meets with governors on economy
Discussion: Emptywheel
Aaron David Miller / Washington Post:
Start With Syria  —  A Middle East Deal Obama Could Build On
Chris Johnson / Washington Blade:
Obama team denies it will delay 'Don't Ask' repeal
Discussion: Ben Smith's Blogs
Pat Eaton-Robb / Associated Press:
Lieberman: Obama ‘about perfect’ in Cabinet picks
Discussion: Firedoglake and Shakesville
 Earlier Items: 
Helene Cooper / New York Times:
For Biden, No Portfolio but the Role of a Counselor
Discussion: TalkLeft
David Leonhardt / New York Times:
The Return of Larry Summers
Discussion: Real Time Economics and Economix
ABCNEWS:
Obama on Auto Execs' Private Jets: ‘A Little Tone Deaf’
Discussion: The Politico
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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