Obama rolls out national security team  —  (CNN) — President-elect Barack Obama on Monday announced Sen. Hillary Clinton as his pick for secretary of state, calling her an “American of tremendous stature who will have my complete confidence.”  —  “Hillary's appointment is a sign to friend …

It's official: Recession since Dec. '07  —  The National Bureau of Economic Research declares what most Americans already knew: the downturn has been going on for some time.  —  NEW YORK (CNNMoney.com) — The National Bureau of Economic Research said Monday that the U.S …

Deepak Blames America  —  The media look within to explain the sick delusions of the Mumbai killers.  —  If the Mumbai terror assault seemed exceptional, and shocking in its targets, it was clear from the Thanksgiving Day reports that we weren't going to be deprived of the familiar, either.

Try Tough Love, Hillary  —  Imagine Ehud Olmert, the outgoing Israeli prime minister, saying this to Barack Obama:  —  “The United States has been wrong to write Israel a blank check every year; wrong to turn a blind eye to the settlements in the West Bank; wrong not to be more explicit …

Memeorandum runs rings around Google News  —  If you want to know what's happening in the world, then Memorandum will tell you - at least in a couple of areas.  It's an automated news clipping service, known in the trade as a “news aggregator”.  It provides headlines and short texts updated every few minutes …

How is it Obama can fill a Cabinet faster than NBC can replace Tim Russert?  —  The suits at NBC are doing far more agonizing over who should fill Tim Russert's shoes on Meet the Press than Obama is over appointing his cabinet.  They're taking more time over it, too.

Palin tells crowd nation is watching Georgia  —  Chambliss, Palin in Gwinnett at 4; Martin, Ludacris at Capitol at 5:30  —  Augusta — Alaska Gov. Sarah Palin roared back onto the campaign trail Monday, calling on Georgians to re-elect incumbent Republican U.S. Sen. Saxby Chambliss …

Fox News shut out again at Obama press conference.  —  Fishbowl DC has been keeping tabs of which media outlets have been allowed to ask a question at President-elect Barack Obama's five press conferences so far.  They report Fox News is 0-5.  “Questions instead went to such outlets as ABC …

Bush: ‘I Did Not Compromise My Principles’  —  President George W. Bush Says He Will Leave Office With ‘Head Held High’  —  Looking back on his eight years in the White House, President George W. Bush pinpointed incorrect intelligence that Iraqi President Saddam Hussein had weapons of mass destruction as …

Deficits and the Future  —  Right now there's intense debate about how aggressive the United States government should be in its attempts to turn the economy around.  Many economists, myself included, are calling for a very large fiscal expansion to keep the economy from going into free fall.

India Security Faulted as Survivors Tell of Terror  —  At Tourist Haunts and Train Station, Swiftly Launched Assault Overwhelmed Police; Home Affairs Minister Steps Down  —  MUMBAI — As waiters started setting dinner buffets in Mumbai's luxurious hotels, the killings that would ravage …

Wait, Wait, Do Tell Me  —  With an accompanying brag about transparency, the Obama transition office released its transition donors today.  This will be a monthly practice; the transition entity is required to report to the Federal Election Commission next year.  —  Berman  —  Doug

Jeb Bush to GOP: Don't Become ‘Democrat-Lite’  —  Former Florida Gov. Jeb Bush tells Newsmax that the GOP must broaden its appeal to avoid becoming “the old white-guy party,” and recommends that Republicans create a “shadow government” to engage Democrats on important issues …

America must keep consumer liquidity flowing  —  As an analyst, it is my job to do fundamental research and call it as I see it, and my bailiwick is financials.  My outlook has been negative for over a year and, technically, I have been “right” on my calls.