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1:55 PM ET, December 12, 2008

memeorandum

 Top Items: 
Chicago Tribune:
Blagojevich fundraiser held by Jackson allies Saturday  —  As Gov. Rod Blagojevich was trying to pick Illinois' next U.S. senator, businessmen with ties to both the governor and U.S. Rep. Jesse Jackson Jr. discussed raising at least $1 million for Blagojevich's campaign as a way to encourage …
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Eli Saslow / Washington Post:
Obama Worked to Distance Self From Blagojevich Early On  —  Like every other politician in Illinois, Gov. Rod Blagojevich waited for Barack Obama's call this summer.  He told colleagues that he expected a speaking role at the 2008 Democratic National Convention, a nice bit of payback …
Chicago Breaking News:
Madigan asks court: Remove Blagojevich  —  Atty. General Lisa Madigan called on the Illinois Supreme Court today to temporarily remove Gov. Rod Blagojevich from office and appoint Lt. Gov. Patrick Quinn as acting governor, “so the business of the state of Illinois can go forward.”
Chicago Tribune:
Sam Zell's financial adviser at Tribune Co. was middleman sought by Blagojevich
Chicago Sun Times:
What's next for Jesse Jackson Jr.?
Discussion: TIME.com and Political Machine
RELATED:
Matthew Jaffe / ABCNEWS:
Emanuel: I'm Getting Death Threats Over Blagojevich Scandal  —  Obama's Chief of Staff Refuses to Go to Work Because of Media Stakeout  —  The President-elect's chief of staff, Rahm Emanuel, said today he won't go to the Chicago Presidential transition offices in order to avoid reporters seeking …
Discussion: TIME.com and theheretik.us
CNN:
Illinois Democratic lawmakers begin impeachment effort for gov
Steve Benen / Washington Monthly:
‘THE PARTY OF HERBERT HOOVER’.... On Wednesday, Dick Cheney met with Senate Republicans and emphasized the importance of keeping the American automotive industry afloat.  “If we don't do this, we will be known as the party of Herbert Hoover forever,” the vice president said.
RELATED:
Micheline Maynard / New York Times:
U.A.W. at Center of Dispute Over Bailout  —  DETROIT — Opponents of a Congressional bailout for Detroit auto companies and the United Automobile Workers union traded charges Friday over who was responsible for the defeat of legislation that would have provided temporary financing until the automakers restructured.
David Rogers / The Politico:
Bailout failure shows leadership vacuum
Discussion: The Caucus and The Crypt's Blogs
White House:
Statement by Press Secretary Dana Perino  —  It is disappointing that while appropriate and effective legislation to assist and restructure troubled automakers received majority support in both houses, Congress nevertheless failed to pass final legislation.  The approach in that legislation provided …
RELATED:
Todd S. Purdum / New York Times:
Robin Toner, Times Reporter, Is Dead  —  Robin Toner, who was the first woman to be the national political correspondent of The New York Times and who had a significant hand in the coverage of five presidential elections, innumerable Congressional and gubernatorial campaigns …
Wall Street Journal:
Top Broker Accused of $50 Billion Fraud  —  Sons Turned In Madoff After He Allegedly Told Them His Investment-Advisory Business for the Wealthy Was ‘Giant Ponzi Scheme’  —  Bernard L. Madoff, a former chairman of the Nasdaq Stock Market and a force in Wall Street trading for nearly 50 years …
RELATED:
Eric Kleefeld / TPM Election Central:
Franken Gets Big Win At Canvass Board  —  Al Franken's chances of winning the Minnesota recount may have just gone up astronomically.  —  The state canvassing board just voted unanimously that absentee ballots that were initially rejected because of clerical errors — and the current estimate …
RELATED:
Josh Kraushaar / Scorecard's Blogs:
Franken camp wins two key rulings
Discussion: The Raw Story
Amanda Terkel / Think Progress:
Powell lashes out at Palin: I'm from the South Bronx, 'and there's nothing wrong with my value system.'  —  In an interview with CNN's Fareed Zakaria that will air this weekend, former Secretary of State Colin Powell sharply criticized the Republican party and its “value system,” taking particular aim at Gov. Sarah Palin (R-AK):
Charles Krauthammer / Washington Post:
The Real Obama  —  Barack Obama has garnered praise from center to right — and has highly irritated the left — with the centrism of his major appointments.  Because Obama's own beliefs remain largely opaque, his appointments have led to the conclusion that he intends to govern from the center.
Discussion: Swampland and Betsy's Page
Joseph Stiglitz / Financial Times:
Chapter 11 is the right road for US carmakers  —  The debate about whether or not to bail out the Big Three carmakers has been mischaracterised.  It has been described as a package to help the undeserving dinosaurs of Detroit.  In fact, a plan to bail out the carmakers would benefit shareholders …
Discussion: Firedoglake
myfoxtwincities.com:
Exclusive: Norm Coleman's Renovation Project Coincides with Financial Lawsuit  —  ST. PAUL (FOX 9) — The timing and cost of Sen. Norm Coleman's home renovation has again raised questions about allegations that an Edina, Minn. businessman funneled money to Norm Coleman's wife Laurie.
 
 
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 More Items: 
Megan McArdle:
Tracking TARP  —  Elizabeth Warren, the bankruptcy specialist …
Alfie Kohn / The Nation:
Beware School ‘Reformers’
The Politico:
Obama's chief tech duties
Discussion: The Huffington Post
Josh Marshall / Talking Points Memo:
THOUGHTS ON THE BAILOUT FLAMEOUT
Andrew Levy / Daily Mail:
School choir forced to pull out of Christmas concert as carols were ‘too religious’
Discussion: Right Wing News
 Earlier Items: 
Steven Pearlstein / Washington Post:
Just One Real Leader, and We Could Have Avoided This Mess
Paul Farhi / Washington Post:
WUSA Moves to One-Person News Crews
Scott Horton / Harper's:
Politics and the Federal Prosecutor
Pan Pylas / Associated Press:
World markets plunge as US auto bailout fails
Discussion: Hot Air and The Other McCain
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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