Top Items:
John D. McKinnon / Wall Street Journal:
Auto Makers to Get $17.4 Billion — The White House announced a $17.4 billion rescue package for the troubled Detroit auto makers that allows them to avoid bankruptcy and leaves many of the big decisions for the incoming Obama administration. — Speaking from the White House …
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Jonathan Karl / ABCNEWS:
To the Rescue: Bush to Give Low-Interest Loans to Carmakers — Obama Team Agrees to Bush's Strategy — The White House has decided to come to the rescue of General Motors and Chrysler by providing them with $17.4 billion in low-interest loans to keep them afloat, ABC News has learned.
The Politico:
Bush announces $17.4 billion auto bailout — President Bush stepped in Friday to keep America's auto industry afloat, announcing a $17.4 billion bailout for GM and Chrysler, with the terms of the loans requiring that the firms radically restructure and show they can become profitable soon.
CNN:
Feds to lend $13.4 billion to automakers — WASHINGTON (CNN) — The federal government will provide $13.4 billion in loans to automakers General Motors and Chrysler, the White House said Friday. — “Allowing the U.S. auto industry to collapse is not a responsible course of action,” President Bush said Friday morning.
Andrea Tantaros / Fox News:
White House to Loan Auto Industry $17.4B — The White House will provide low-interest loans to General Motors and Chrysler, FOX News has confirmed. — FOXNews.com — The federal government will enable Detroit's ailing automakers to survive a little longer by providing $17.4 billion …
Jeff Poor / The Business & Media Institute:
CNN Meteorologist: Manmade Global Warming Theory ‘Arrogant’ — Network's second meteorologist to challenge notion man can alter climate. — Business & Media Institute — Unprecedented snow in Las Vegas has some scratching their heads - how can there be global warming with this unusual cold and snowy weather?
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Tim Weiner / New York Times:
W. Mark Felt, Watergate Deep Throat, Dies at 95 — Mr. Felt was the No. 2 F.B.I. official when he helped bring down President Richard M. Nixon and became the most famous anonymous source in American history.
Discussion:
The Politico, Guardian, JammieWearingFool, Gawker, Gateway Pundit, Ed Driscoll.com and Romenesko
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Johanna Neuman / Los Angeles Times:
W. Mark Felt, ‘Deep Throat’ in Watergate reports, dies
W. Mark Felt, ‘Deep Throat’ in Watergate reports, dies
Discussion:
Hot Air
Paul Krugman / New York Times:
The Madoff Economy — The revelation that Bernard Madoff — brilliant investor (or so almost everyone thought), philanthropist, pillar of the community — was a phony has shocked the world, and understandably so. The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.
Joe Solmonese / Washington Post:
Obama's Inaugural Mistake — It is difficult to comprehend how our president-elect, who has been so spot on in nearly every political move and gesture, could fail to grasp the symbolism of inviting an anti-gay theologian to deliver his inaugural invocation. And the Obama campaign's response to the anger about this decision?
Discussion:
Los Angeles Times, The Huffington Post, Wall Street Journal, The Note, HRC Back Story, AMERICAblog News and Lynn Sweet
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Richard A. Epstein / Wall Street Journal:
The Employee Free Choice Act Is Unconstitutional — Free speech and the takings clause are at stake. — A top priority of the incoming Democratic Congress and Obama administration is the misnamed Employee Free Choice Act. The EFCA, as is well known, introduces a card-check procedure …
Discussion:
Babalu Blog, LiberalOasis, Betsy's Page, Chronicle of the Conspiracy, RedState and Power Line
Josh Kraushaar / The Politico:
Coleman leads Franken by just 2 votes — Two votes is all that stands between Minnesota Republican Sen. Norm Coleman and Democrat Al Franken, according to the Associated Press tally in the state's still-unresolved Senate race. — Coleman's shrinking lead, combined with a state Supreme Court decision handed …
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Chris Vogel / Houston Press:
Police Get The Wrong House In Galveston, Allegedly Assault 12-Year-Old Girl — It was a little before 8 at night when the breaker went out at Emily Milburn's home in Galveston. She was busy preparing her children for school the next day, so she asked her 12-year-old daughter, Dymond, to pop outside and turn the switch back on.
Wall Street Journal:
Democrats Are the New Ethics Story — Blagojevich is just the tip of the iceberg. — A note to all those visitors who will soon flood Washington for the inauguration: Be careful of the “swamp.” — That would be the swamp Speaker Nancy Pelosi vowed to drain when she led her party to victory in 2006.
The Politico:
Labor ties drive Solis pick — Rep. Hilda L. Solis (D-Calif.) will take over the Labor Department in an imploding job market, while Big Labor is licking its chops for payback in Washington. — So why is she giving up a potential leadership track in the House for one of the more daunting cabinet jobs?
Discussion:
TPM Election Central
Peter Finn / Washington Post:
Plans Being Drawn to Close Guantanamo Prison — The Pentagon is drawing up plans to shut the military prison at Guantanamo Bay, Cuba, to be prepared for any order from President-elect Barack Obama, who has promised to close the controversial facility after he assumes office Jan. 20, a defense official said yesterday.
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Scott Horton / Harper's:
“The American Public has a Right to Know That They Do Not Have to Choose Between Torture and Terror": Six questions for Matthew Alexander, author of How to Break a Terrorist — At 5:15 p.m. on June 7, 2006, two American F-16 fighters dropped 500-pound bombs on a farmhouse about five miles north of the Iraqi town of Baqubah.