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5:35 AM ET, January 18, 2009

memeorandum

 Top Items: 
Noah Pollak / Commentary:
Thoughts On The Cease-Fire  —  The Israeli cabinet met tonight and approved a unilateral cease-fire in Gaza set to take effect at 2AM, Israel time.  Hamas is responding to the announcement with fresh barrages of rocket fire.  Israel has recently been under immense international pressure …
RELATED:
Mike McIntire / New York Times:
Bailout Is a Windfall to Banks, if Not to Borrowers  —  At the Palm Beach Ritz-Carlton last November, John C. Hope III, the chairman of Whitney National Bank in New Orleans, stood before a ballroom full of Wall Street analysts and explained how his bank intended to use its $300 million in federal bailout money.
Discussion: MyDD, naked capitalism and Truthdig
Agence France Presse:
Obama refuses to surrender Blackberry … Despite legal and security hurdles, president-elect Barack Obama says he has a plan to retain his beloved Blackberry once he moves into the White House next week.  —  Interviewed by CNN Friday, Obama said the smartphone was among the tools …
RELATED:
Ben Smith / The Politico:
In W.H., Obama staff will say cu l8r 2 im  —  Barack Obama may get to keep his Blackberry, but David Axelrod is losing his IM.  —  The lawyers broke the bad news to Obama aides at a briefing Friday morning convened by incoming Deputy White House Counsel Cassandra Butts …
Steven Erlanger / New York Times:
Israel Declares Cease-Fire; Hamas Says It Will Fight On  —  A girl gathered belongings amid patches of blood on Saturday at a United Nations school in Beit Lahiya in Gaza.  Israeli fire at the school killed two young brothers.  More Photos >  —  JERUSALEM — Israel declared late Saturday …
RELATED:
Michelle Malkin:
The official Flag of the Obama States of America  —  Defacing the flag in honor of the inauguration of Barack Obama?  —  Well, don't you dare question their patriotism.  —  That would be...unpatriotic.  (Hat tip: Inside Charm City)  —  Photo source: Baltimore Sun
RELATED:
Peter Beinart / Washington Post:
Admit It: The Surge Worked  —  It's no longer a close call: President Bush was right about the surge.  According to Michael O'Hanlon and Jason Campbell of the Brookings Institution, the number of Iraqi war dead was 500 in November of 2008, compared with 3,475 in November of 2006.
Discussion: Commentary and Hot Air
RELATED:
Paul Campos / Lawyers, Guns and Money:   Lisa, I want to buy your rock
Josh Gerstein / The Politico:
Obama prayer speaker comes from group feds say is linked to Hamas  —  One of the religious leaders invited to address Barack Obama's inaugural prayer service Wednesday heads an Islamic group named by federal prosecutors as a co-conspirator in a terrorism-fundraising trial in Texas.
Discussion: Pat Dollard and Israel Matzav
New York Times:
Poll Finds Faith in Obama, Mixed With Patience  —  President-elect Barack Obama is riding a powerful wave of optimism into the White House, with Americans confident he can turn the economy around but prepared to give him years to deal with the crush of problems he faces starting Tuesday …
Discussion: Whiskey Fire, Firedoglake and TIME.com
Hans Nichols / Bloomberg:
Obama Inaugural Strains Lincoln Comparisons While Inviting Them  —  Jan. 17 (Bloomberg) — Barack Obama's inauguration is dedicated to the proposition that all presidencies are not created equal.  —  In ways big and small, Obama is trying to summon Abraham Lincoln's spirit to the proceedings.
Discussion: AmSpecBlog and Ed Driscoll.com
Mark Steyn / Orange County Register:
Our permanent state of routine emergency  —  With government, mission creep is the defining feature.  —  Recommend  —  In just about his last act as president, George W. Bush has declared Washington, D.C., a federal disaster area.  —  No, seriously.  I'm not setting up some lame-o punchline here …
Discussion: Hot Air and Fausta's Blog
Guardian:
Brown ready to risk billions on debt insurance  —  Gordon Brown is preparing an unprecedented multi-billion pound plan to insure British banks against future losses from so-called toxic assets, creating a safety net under the financial system which could unblock lending to homeowners and businesses.
Discussion: Kevin Drum
DefenseLINK:
IMMEDIATE RELEASE  —  The Department of Defense announced today the transfer of six detainees from Guantanamo Bay, Cuba.  Four detainees were transferred to Iraq, one to Algeria and one to Afghanistan.  These detainees were determined to be eligible for departure following a comprehensive series of review processes.
Discussion: The Raw Story
Faiz Shakir / Think Progress:
Bush's 2001 inaugural pledge: I will ‘call for responsibility and try to live it as well.’  —  Bush's 2001 inaugural pledge: I will ‘call for responsibility and try to live it as well.’»  —  Almost eight years ago, President Bush took the oath of office and solemnly swore to “preserve …
Discussion: Washington Monthly and MSNBC
Chris Cillizza / The Fix:
Obama Announces “Organizing for America”  —  President-elect Barack Obama announced the formation of a new group known as “Organizing for America” that aims to continue the grassroots advocacy that the former Illinois Senator began in his presidential campaign.
Jeff Zeleny / New York Times:
Obama Arrives in Washington After Train Trip  —  BALTIMORE — President-elect Barack Obama stepped onto a vintage train car, built at a time when a black man's ascendancy to the presidency was impossible in America, and traveled Saturday to Washington in a three-day prelude to his inauguration as the nation's 44th president.
RELATED:
CNN:   Dispatches from Obama's train trip to the inauguration
Eric Posner / The Volokh Conspiracy:
Does Holder's “waterboarding is torture” comment implicitly commit him to prosecuting Bush administration officials?  Ever-hopeful observers say yes, but Holder's statement that waterboarding is torture is hardly news; his soon-to-be boss has said the same thing.  The chances of prosecution remain slim for diverse reasons.
RELATED:
Scott Shane / New York Times:   Remarks on Torture May Force New Administration's Hand
 
 
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 More Items: 
Ann Althouse / Althouse:
“Once you went to a spa when you felt tense.  Now you feel tense going to a spa.”
Discussion: New York Times
ABCNEWS:
Secret List of U.S. Military Bases to Replace Gitmo
Discussion: Crooks and Liars
Jamison Foser / Media Matters for America:
Media Matters: Coverage of economy repeats Iraq mistakes
Discussion: Hullabaloo and The Sideshow
Andrew Jacobs / New York Times:
A County in China Sees Its Fortunes in Tea Leaves Until a Bubble Bursts
Discussion: The Peking Duck
Blake Hounshell / FP Passport:
How not to close the Gaza tunnels
Bloomberg:
Florida Fund Manager Missing; Clients Say Money Gone
 Earlier Items: 
Martin Hodgson / Guardian:
North Korea has plutonium ready for up to five nuclear bombs, reports claim
Discussion: Booman Tribune
Joe Nocera / New York Times:
In Search of One Bold Stroke to Save the Banks
Discussion: Angry Bear
Ray Rivera / New York Times:
A Pilot Becomes a Hero Years in the Making
Carrie Budoff Brown / The Politico:
Obama may not lift stem cell limits
Discussion: Commentary and Hot Air
Paul Farhi / Washington Post:
Inaugural Panel Sells Exclusive TV Rights