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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New York Times:
Bush Approves $17.4 Billion Auto Bailout — WASHINGTON — President Bush on Friday announced $13.4 billion in emergency loans to prevent the collapse of General Motors and Chrysler, and another $4 billion available for the hobbled automakers in February with the entire bailout conditioned …
Roosevelt Room / White House:
President Bush Discusses Administration's Plan to Assist Automakers — THE PRESIDENT: Good morning. For years, America's automakers have faced serious challenges — burdensome costs, a shrinking share of the market, and declining profits. In recent months, the global financial crisis has made these challenges even more severe.
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.
Discussion:
Fox News, Think Progress, Washington Post, American Street, Scared Monkeys, Wake up America, PoliBlog and Outside The Beltway
Kathleen Parker / Washington Post:
Caroline Kennedy Is No Sarah Palin — WASHINGTON — It is a legitimate question: Why is the resume-thin Caroline Kennedy being treated seriously as a prospective appointee to the U.S. Senate when the comparatively more-qualified Gov. Sarah Palin received such a harsh review?
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New York Post:
CAROLINE'S POLL FAULT — SHE SKIPPED KEY ELECTIONS, CITY FILES SHOW — Caroline Kennedy, who's making her case to succeed Sen. Hillary Rodham Clinton, didn't vote in several elections - including the 2005 mayoral primary and the 2002 general election, The Post has learned.
Discussion:
QandO, NewsBusters.org, Gothamist, Washington Post, NY Daily News, TPM Election Central, WCBS-TV, Politics on the Hudson and Cassy Fiano
Paul Walsh / Minneapolis Star Tribune:
Franken pushes his lead over Coleman past 150 — The state Canvassing Board's first rush of ballot rulings in the U.S. Senate race has unofficially put challenger Al Franken in the lead by more than 150. — The intense scrutiny of “voter intent” resumed this morning by the five-member board charged …
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Aaron Wiener / The Washington Independent:
Franken Takes First Lead in Senate Race
Franken Takes First Lead in Senate Race
Discussion:
CANNONFIRE
Zaz Hollander / Anchorage Daily News:
Levi Johnston's mother hit with drug charges — Arrested: her son was in the spotlight as father of bristol palin's baby. — zhollander@adn.com — WASILLA — A 42-year-old Wasilla woman was arrested Thursday at her home by Alaska State Troopers with a search warrant in an undercover drug investigation.
Discussion:
TalkLeft, The Politico, JammieWearingFool, Gawker, Runnin' Scared, Fox News, The Note and Wonkette
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?
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Glenn Greenwald / Salon:
How new is Obama's New Politics? — The disparity is stark between the actual importance of the Inaugural invocation and the anger triggered by Obama's choice of Rick Warren to deliver it. Obviously, the controversy is a proxy for numerous pre-existing conflicts and agendas that have nothing to do with Rick Warren.
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?
Discussion:
Andrew Bolt, Matthew Yglesias, THE TOOT, Pajamas Media, Don Surber, LewRockwell.com Blog and Babalu Blog
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.
Discussion:
Talking Points Memo, Newshoggers.com, theheretik.us, American Street, Vox Popoli, The Impolitic, American Prospect, Prairie Weather and EconLog
Wall Street Journal:
Music Industry to Abandon Mass Suits — After years of suing thousands of people for allegedly stealing music via the Internet, the recording industry is set to drop its legal assault as it searches for more effective ways to combat online music piracy. — The decision represents …
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:
The Corner, Obsidian Wings, Wonk Room, Babalu Blog, Blog entry, Reason, RedState and Betsy's Page
Emptywheel:
President Bush: Employees of American Companies Must Get Paid Less than Employees of Foreign Companies! — The President of the United States just dictated that American corporations pay their employees significantly less than the employees of foreign owned manufacturers.
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Mark Helprin / Wall Street Journal:
Bush Has Made Us Vulnerable — Two incompetently prosecuted wars have undermined our deterrent power. — In his great Civil War history, “Decision in the West,” Albert Castel describes the last Confederate hope of victory. If in 1864 the Confederate armies continue to exact a steep cost from the North …
Chris / TVNewser:
Chuck Todd's “No-Cut” Contract with NBC — Chuck Todd never saw it coming. — NBC's fast-rising political director — named today as chief White House correspondent — was “shocked” when he was offered the plum late last week. — “It came out of left field,” says Todd, 36, who joined NBC in March 2007.
Charles Homans / Washington Monthly:
Last Secrets of the Bush Administration — How to find out what we still don't know. — In March 2001, U.S. Archivist John W. Carlin received a letter from Alberto Gonzales, then counsel to the newly inaugurated president George W. Bush. It concerned an important deadline that was looming—one that Bush owed to Richard Nixon.