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9:50 AM ET, December 15, 2008

memeorandum

 Top Items: 
Washington Wire:
The Real Story Behind the Rushed Blagojevich Bust: How the Feds Are Frustrated by Losing (Maybe) Half of Their Case  —  Cam Simpson reports on the Rod Blagojevich case in Chicago.  —  Conventional wisdom holds that U.S. Attorney Patrick Fitzgerald ordered the FBI to arrest Rod Blagojevich …
RELATED:
Chicago Tribune:
Illinois lawmakers to sort out Gov. Rod Blagojevich scandal  —  Impeachment, Senate appointment on the agenda  —  SPRINGFIELD— Illinois lawmakers return to the Capitol on Monday with plans to disarm and dislodge Democratic Gov. Rod Blagojevich, whose arrest in an alleged attempt …
New York Post:
JOURNALISTIC CITIZENSHIP  —  Here's something to cheer in the otherwise sordid tale of disgraced Illinois Gov. Rod Blagojevich.  —  Turns out his alleged crimes might have never come to light - if not for a commendable display of journalistic citizenship by the Chicago Tribune.
Sarah Baxter / Times of London:
Senate scandal snares Obama's chief aide
Discussion: GINA COBB and NO QUARTER
Jitendra Joshi / NEWS.com.au:
Barack Obama chief Rahm Emanuel drawn into Rod Blagojevich corruption investigation
Discussion: Gateway Pundit and Macsmind
ABCNEWS:
Bush ‘Not Insulted’ by Thrown Shoes  —  President Talks With Martha Raddatz About Iraq and His Legacy  —  President George W. Bush spoke with ABC News' Martha Raddatz Sunday following an incident in which an Iraqi reporter threw two shoes at the president.
RELATED:
Agence France Presse:
Iraqi journalist hurls shoes at ‘dog’ Bush
Discussion: Commentary, Reason and Cold Fury
Amit R. Paley / Washington Post:
Limits on Executive Pay May Prove Toothless  —  Loophole in Bailout Provision Leaves Enforcement in Doubt  —  Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism …
Susan Saulny / New York Times:
Resignation Is Rumored; Response Is a Firm ‘No’  —  CHICAGO — Talk about mixed messages.  —  Not long after the Illinois attorney general, Lisa Madigan, told a national television audience that Gov. Rod R. Blagojevich of Illinois was thinking of possibly resigning here on Monday, the governor's spokesman broke some news of his own.
RELATED:
John Kass / Chicago Tribune:   Will ‘feditis’ spread to Obama and Daley?
Jennifer Steinhauer / New York Times:
States' Funds for Jobless Are Drying Up  —  With unemployment claims reaching their highest levels in decades, states are running out of money to pay benefits, and some are turning to the federal government for loans or increasing taxes on businesses to make the payments.
Monica Davey / New York Times:
Two Sides of a Troubled Governor, Sinking Deeper  —  CHICAGO — Gov. Rod R. Blagojevich is a polished speaker who can win over elderly women at luncheons in southern Illinois with his earnest attention and eloquently recite historical anecdotes from the lives of the leaders he says he most admires …
CNN:
McCain unsure if he'll support Palin for president  —  (CNN) — Sen. John McCain said Sunday he would not necessarily support his former running mate if she chose to run for president.  —  Speaking to ABC's “This Week,” McCain was asked whether Alaska Gov. Sarah Palin could count on his support.
Discussion: PoliPundit.com and The Corner
RELATED:
Charles Duhigg / New York Times:
Fannie Mae Renters to Stay Despite Foreclosures  —  In a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, the loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed properties owned by the company.
Michael J. Totten:
On the Hunt in Baghdad  —  BAGHDAD — “If your men conduct any raids,” I said to Captain Todd Looney at Combat Outpost Ford on the outskirts of Sadr City, Baghdad, “I want to go.”  —  “We might have something come up,” he said.  “If so, I'll get you out there.”
Wall Street Journal:
White House Sizes Up Auto Rescue  —  WASHINGTON — In weighing a much larger rescue effort for U.S. auto makers than originally envisioned, the Bush administration faces a complex set of decisions over what terms to seek — including whether to push the companies to file for bankruptcy — and how to raise necessary funds.
Paul Krugman / New York Times:
European Crass Warfare  —  So here's the situation: the economy is facing its worst slump in decades.  The usual response to an economic downturn, cutting interest rates, isn't working.  Large-scale government aid looks like the only way to end the economic nosedive.
Discussion: LewRockwell.com Blog
CBS News:
A Second Mortgage Disaster On The Horizon?  —  New Wave Of Mortgage Rate Adjustments Could Force More Homeowners To Default  —  (CBS) When it comes to bailouts of American business, Barney Frank and the Congress may be just getting started.  Nearly two trillion tax dollars have been shoveled …
Discussion: American Street and Macsmind
CBC News:
‘Embarrassing’ to be a Canadian at climate talks: Green party leader  —  The UN climate conference in Poznan, Poland, was a “mark of shame” for Canada, Green Party Leader Elizabeth May said on Saturday.  —  Delegates from poorer nations were angry at Canada for not meeting its commitments under …
Discussion: Newshoggers.com
 
 
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 More Items: 
Washington Post:
Roads, Trains Can't Handle Jan. 20 Droves
Discussion: TIME.com
Natasha Korecki / Chicago Sun Times:
Tapes have potential witnesses speaking out
Discussion: TIME.com
Reid Wilson / The Hill:
Hoekstra to announce retirement
Washington Post:
Charter Schools Make Gains On Tests
Discussion: The Foundry and Betsy's Page
Richard Pérez-Peña / New York Times:
Politico and Reuters Forge a News Distribution Alliance
Discussion: FishBowlDC and Romenesko
Pamela Geller / Atlas Shrugs:
FACING JIHAD: PART I ELDAD, SPENCER, BUKAY
Discussion: Jihad Watch and Israpundit
 Earlier Items: 
New York Times:
Spousal Ties to Lobbying Test a Vow From Obama
Associated Press:
'08 Voter Turnout Rate Said to Be Highest in 40 Years
Discussion: TIME.com
Jeremy Clarkson / Times of London:
Terrorism adviser to Met is on wanted list
Discussion: Harry's Place and Jihad Watch
Wall Street Journal:
Google Wants Its Own Fast Track on the Web
 

 
From Mediagazer:

Ankush Khardori / Politico:
Trump may erode press protections but the ABC case is not evidence of that as the decision to settle appears reasonable given Stephanopoulos' imprecise remarks

New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and 12M subscribers; source: 50%+ of its revenue is from ads

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

 
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