Person of the Year 2008  —  INSIDE:

Blago drama for Obama  —  President-elect Barack Obama's incoming chief of staff, Rahm Emanuel, was pushing for Obama's successor just days after the Nov. 4 election, sources told the Chicago Sun-Times.  —  Emanuel privately urged Gov. Blagojevich's administration to appoint Obama confidante Valerie Jarrett …

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.

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 …

Obama's Pressers: No Comment — and NoDoz  —  A month from now, the nation will say farewell to its sports-obsessed president who doesn't like tough questions.  And it will replace him with, well, another sports-obsessed president who doesn't like tough questions.

SEC Ignored Credible Tips About Madoff, Chief Says  —  The nation's chief securities regulator said yesterday it was “deeply troubling” that his agency had failed to catch perhaps the largest Ponzi scheme in history despite “credible and specific allegations . . . repeatedly brought …

RUDY TO RADIO?  —  EVERYONE knows Bill O'Reilly is quitting his radio show to concentrate on his Fox News TV program.  Now, Page Six has learned the leading candidate to succeed him is Rudy Giuliani (above).  Westwood One, which syndicates the O'Reilly show, is negotiating with the former mayor.

George Tenet, Drunk in Bandar's Pool, Screaming about Jews  —  I just picked up Patrick Tyler's forthcoming book, A World of Trouble, about America's tortured relations with the Middle East, and the prologue contains this whopper of a scene, one that is quite devastating, if true …

Bush Abortion Rules Face Possible Reversal  —  Obama Team Looks at Regulation Set to Be Finalized This Week Letting Medical Staff Refuse to Take Part in Practices They Oppose  —  WASHINGTON — The outgoing Bush administration this week will finalize a regulation establishing a “right of conscience” …

In Fraud Case, Middlemen in Spotlight  —  As a go-between who shepherded clients and their money to Bernard L. Madoff, Walter M. Noel became so prosperous that he was only too happy to show off his good fortune to the world.  —  In 2002, Vanity Fair dispatched the photographer Bruce Weber …

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:

Blagojevich talks: ‘Hang loose’  —  CHICAGO, Illinois (CNN) — Embattled Illinois Gov. Rod Blagojevich said Wednesday that he “can't wait to begin to tell his side of the story.”  —  In the week since Blagojevich was arrested on federal corruption charges, there have been repeated calls for his resignation.

Scientists Call AP Report on Global Warming ‘Hysteria’  —  Scientists skeptical of the assertion that climate change is the result of man's activites are criticizing a recent Associated Press report on global warming, calling it “irrational hysteria,” “horrifically bad” and “incredibly biased.”

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.

Rep. Eshoo to push for Fairness Doctrine  —  Congresswoman Anna Eshoo (pictured), D-Palo Alto, said Monday she will work to restore the Fairness Doctrine and have it apply to cable and satellite programming as well as radio and TV.  —  “I'll work on bringing it back.

Holder omitted Blagojevich link from questionnaire  —  Announced as a ‘special investigator to the Illinois Gaming Board’ in 2004  —  Before Eric Holder was President-elect Barack Obama's choice to be attorney general, he was Gov. Blagojevich's pick to sort out a mess involving Illinois' long-dormant casino license.

Insurer: Victims of Houston office fire died from ‘pollution’  —  Company says smoke that killed 3 was ‘pollution’  —  An insurance company with a potential $25 million liability from a 2007 Houston office fire is claiming smoke that killed three people was “pollution” …

Trips to Caribbean appear to have broken House rules  —  For at least five of the last six years, Rep. Charles Rangel (D-N.Y.) and several other members of the Congressional Black Caucus have spent a few days each fall at a different luxurious Caribbean island resort.

Bush says sacrificed free-market principles to save economy  —  WASHINGTON (AFP) — US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from “collapse.”  —  “I've abandoned free-market principles to save the free-market system …

PARTY LIKE IT'S 1999.... Last week, Rep. Mike Pence (R-Ind.), the #3 person in the House Republican leadership, argued that “welfare reform” should be near the top of the GOP list of policy priorities.  A few days earlier, Minnesota Gov. Tim Pawlenty, considered something of a “rising star” …

Dude, where's my $700 billion?  —  Congress handed Wall Street a huge wad of cash to jump-start the economy.  It didn't work — so where did all that money go?  —  WASHINGTON — Giving $700 billion to a bunch of Wall Street bankers was never overwhelmingly popular.