Bush Prepares Crisis Briefings to Aid Obama  —  WASHINGTON — The White House has prepared more than a dozen contingency plans to help guide President-elect Barack Obama if an international crisis erupts in the opening days of his administration, part of an elaborate operation devised to smooth …

Jackson, Jr. an informant to Blago investigations  —  SPRINGFIELD, Illinois (CNN) — Rep. Jesse Jackson Jr. — who was cited in a criminal complaint against Rod Blagojevich — has been an informant for at least a decade with the U.S. Attorney's office, and has informed on the embattled governor of Illinois …

Nepotism Nation: Dems embrace dynasty politics  —  Barack Obama's path to the presidency included beating what had been one of the nation's most powerful families.  But, in an unusual twist, his election last month is helping accelerate the trend toward dynasty politics.

SEC to Probe Its Ties to Madoffs  —  The Securities and Exchange Commission will examine the relationship between a former official at the agency and a niece of financier Bernard L. Madoff, after the SEC's chief admitted “apparent multiple failures” to oversee the firm at the center of an alleged $50 billion Ponzi scheme.

Who Will Bail Out Uncle Sam?  —  By EXAMINER EDITORIAL HOT ZONE  —  The United States of America is bankrupt.  Don't believe it?  Consider this: Federal obligations now exceed the collective net worth of all Americans, according to the New York-based Peter G. Peterson Foundation.

What the Duncan Appointment Suggests About Obama.  Tom Maguire has a great roundup of reactions to the Arne Duncan appointment.  Included are these: … Maguire points out that Vallas and Duncan were on one side of the education wars and Obama and Ayers were on the other (along with …

Person of the Year 2008  —  INSIDE:

Jello Biafra Writes An Open Letter To Barack Obama  —  (Jello Biafra's 1979 mayoral campaign against Diane Feinstein was the first I ever worked on, which probably says a lot.  We're proud to publish his open letter to Barack Obama — jh)  —  My Friends (couldn't resist, I had to say it),

MEDIAN WAGES....So let's assume that we manage to stabilize the economy sometime soon via whatever combination of stimulus spending, tax cuts, and bailouts you think is best.  What's next?  Where will demand come from to get the economy moving normally again?  Paul Krugman comments:

The 10 Dopiest Business and Economy Leaders of 2008  —  ¡Ay, caramba!  In a year when Wall Street imploded, the Big Three automakers neared collapse, and the economy plunged into its worst downturn in at least a generation, finding business and economy “leaders” who messed up badly isn't too hard.

State budget unveiled, full of new taxes and cuts  —  ALBANY - Gov. Paterson's proposed $121 billion budget hits New Yorkers in their iPods - and nickels-and-dimes them in lots of other places, too.  —  Trying to close a $15.4 billion budget gap, Paterson called for 88 new fees and a host of other taxes …

Federal Reserve Slashes Interest Rate to Historic Low  —  The Federal Reserve slashed a key short-term interest rate to effectively zero today, and signaled that it will “employ all available tools” to try to arrest the nation's economic freefall.  —  In a bold show of force …

Obama charm offensive sways Republicans  —  President-elect Obama is waging a charm offensive on congressional Republicans.  In recent days he has personally called at least a dozen ranking GOP members of committees he will need to work with next year.  —  The highly personal …

HOW WE KILLED ZARQAWI.  —  Reuel Marc Gerecht still thinks life is an episode of 24.  “If you had been confronted on 7 September 2001 with a captured Khalid Shaykh Muhammad or Abu Zubaydah,” he says in response to Andrew Sullivan, “and you knew that a major, mass-casualty terrorist strike …

Gingrich Rips RNC For Its Blagojevich Attacks  —  Former House Speaker Newt Gingrich sent a rather scathing letter to Mike Duncan on Tuesday, accusing the RNC chairman of engaging in “a destructive distraction” by attempting to tie Barack Obama to Rod Blagojevich.

The Bible & Homosexuality: Enough with the Bible Already  —  If your comment does not appear immediately, please don't think I'm censoring the comments.  I have it set so that you have to have a previously approved comment on pomomusings.  So, if this is your first comment, I'll have to approve it.