Top Items:
New York Times:
G.O.P. Opposition Puts Bailout of Detroit in Doubt — WASHINGTON — Senate negotiators worked feverishly on Thursday night to revive a government rescue of the American auto industry after Senate Republicans balked at supporting a $14 billion emergency loan package approved by the House.
Discussion:
Open Left, Wall Street Journal, Below The Beltway, Don Surber, Balkinization, Salon, Guardian and naked capitalism
RELATED:
Elizabeth Kolbert In / New Yorker:
NOTE TO DETROIT: CONSIDER THE REFRIGERATOR — This past summer, Steven Chu, the Nobel Prize-winning physicist who currently heads Lawrence Berkeley National Laboratory—and who has been tapped to be the next Secretary of Energy—delivered a talk on climate change and how to combat it.
Discussion:
Talking Points Memo
Wall Street Journal:
GM Retains Bankruptcy Counsel — General Motors Corp. has hired lawyers and bankers to consider whether to file for bankruptcy protection, said several people familiar with the matter, while Senate lawmakers neared a tentative agreement on an emergency auto-bailout package that could see a vote Thursday night.
Jack Healy / New York Times:
Obama Says He Never Spoke to Governor on Senate Seat — President-elect Barack Obama sought on Thursday to separate himself from the political scandal swirling around Governor Rod R. Blagojevich of Illinois, saying he never talked to the governor about who would replace Mr. Obama in the United States Senate.
RELATED:
Jason Rosenbaum / The Seminal:
BREAKING: Schakowsky Will Run For Senate In Illinois — Last night at the Midwest Academy Awards and 35th Anniversary Celebration in Washington, DC, Ohio Senator Sherrod Brown introduced Illinois Representative Jan Schakowsky by saying, “We may have a special election in Illinois, and if Jan Schakowsky runs, I'll support her.”
Associated Press:
Auto bailout talks collapse over union wages — WASHINGTON - A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to accede to Republican demands for swift wage cuts. — Senate Majority Leader Harry Reid said he was …
RELATED:
Aluf Benn / Haaretz:
Obama's atomic umbrella: U.S. nuclear strike if Iran nukes Israel — U.S. President-elect Barack Obama's administration will offer Israel a “nuclear umbrella” against the threat of a nuclear attack by Iran, a well-placed American source said earlier this week.
RELATED:
Washington Post:
Bipartisan Report on Detainee Abuse Blames Rumsfeld, Other Top Bush Officials — A bipartisan panel of senators has concluded that former defense secretary Donald H. Rumsfeld and other top Bush administration officials bear direct responsibility for the harsh treatment of detainees at Guantanamo Bay …
RELATED:
Wall Street Journal:
Blagojevich Left Legal Bills Unpaid — CHICAGO — The criminal complaint against Illinois Gov. Rod Blagojevich alleges that he complained about financial troubles. Those problems include more than $500,000 in unpaid legal bills, according to people familiar with the matter.
Steve Benen / Washington Monthly:
DEMINT WARNS OF BAILOUT ‘RIOTS’.... In general, those who warn of dire consequences for the automotive industry tend to support a rescue package. As the argument goes, the auto manufacturers are the backbone of U.S. manufacturing, and the collapse of the industry could have devastating ripple effects in the midst of a financial crisis.
RELATED:
Jeff Poor / The Business & Media Institute:
GOP Senator Warns of ‘Riots’ if Automakers Are Bailed Out
GOP Senator Warns of ‘Riots’ if Automakers Are Bailed Out
Discussion:
The Raw Story
Paul Krugman:
Nosedive — Another day, another terrifying economic report, this time on unemployment claims. — So are we now losing jobs at the rate of 600,000 a month? 700,000? If fiscal expansion takes, say, 8 months to kick in (and that's optimistic), where will that leave us?
TwinCities.com:
In Senate recount, wrongly rejected votes seem more numerous than first thought — At least 358 Minnesotans did everything right on their absentee ballots — they sent them in on time, signed them where they should have and were properly registered — but their votes were not counted.
Charles Lane / Washington Post:
The Unreal Bill Ayers — Three Decades After the Weather Underground's End, He's Still Justifying Its Means — I never thought Barack Obama's acquaintance with former Weather Underground leader Bill Ayers disqualified him for the White House. And now that Obama has been elected …
Ali Frick / Think Progress:
Malkin: Democrats Will ‘Turn On A Dime’ Against Patrick Fitzgerald — This morning on Fox and Friends, right-wing pundit Michelle Malkin took up the conservative mantra of linking President-elect Obama to disgraced governor Rod Blagojevich (D-IL). (In fact, Obama may have “indirectly contributed to the downfall” of Blagojevich.)
Rep. Barney Frank / The Huffington Post:
Wall Street Journal Editorial Board Does It Again — Recently, the editorial staff of the Wall Street Journal repeated unsupported and flat out wrong conservative talking points about me and the root causes of the subprime mortgage crisis. I sought to counter their accusations in a letter to the editor …
Discussion:
The Crypt's Blogs
Reason.tv:
Killer Chic — Gisele Bundchen wears him on the runway, Johnny Depp wears him around his neck, and Benicio Del Toro becomes him in the new, highly acclaimed, two-part epic film from Steven Soderbergh, Che. Ernesto “Che” Guevara, the revolutionary who helped found communist Cuba, is the celebrity that celebrities adore.
Discussion:
Reason
CNN:
Powell: GOP ‘polarization’ backfired in election — (CNN) — The Republican party must stop “shouting at the world” and start listening to minority groups if it is to win elections in the 21st century, former Secretary of State Colin Powell said Thursday. — In an interview with CNN's Fareed Zakaria …
Domenico Montanaro / MSNBC:
FIRST THOUGHTS: NO ORDINARY HONEYMOON — From Chuck Todd, Mark Murray, Domenico Montanaro, and Carrie Dann — *** No ordinary honeymoon: While the political world continues to focus on the Blagojevich scandal, which at this point has been only a headache for the incoming Obama administration …
Joe Klein / Time:
The Aimless War: Why Are We in Afghanistan? — “Things have gotten a bit hairy,” admitted British Lieut. Colonel Graeme Armour as we sat in a dusty, bunkered NATO fortress just outside the city of Lashkar Gah in Helmand province, a deadly piece of turf along Afghanistan's southern border with Pakistan.
Kate Pickert / Time:
Glenn Beck — Glenn Beck is not known for his compassion. As host of the third highest rated radio talk show and a new program soon to debut on Fox News, Beck courts controversy regularly. His caustic and often conservative commentary has offended Mexicans, Jews and Muslims …
Discussion:
TVNewser
Ben Smith / Ben Smith's Blogs:
Asking questions, and flagging them — A couple of analysts whose opinions I respect, including John Cole, criticized my item yesterday on what I see as an abuse of the “flagging” function on Obama's “Open for Questions” site. — I wrote about the ability of some readers to take a highly rated …
New York Times:
Obama's Health Care Briefing — The following is a transcript of Barack Obama's press conference about his health care team and the Blagojevich scandal, as transcribed by CQ Transcriptions. — Speakers: — President-elect Barack Obama — Former Senator Tom Daschle of South Dakota