The media's giftgate  —  I know, my head hurts, too, reading the ‘coverage.’ (I'm waiting for some reporter to combine the gift ‘story’ with a detailed description of what Michelle Obama was wearing when she gave the Queen of England the gift.)  —  Aside from the fact that key facts …

The President Is ‘Keeping Score’  —  Chicago politics has moved into the White House.  —  “Don't think we're not keeping score, brother.”  That's what President Barack Obama said to Rep. Peter DeFazio in a closed-door meeting of the House Democratic Caucus last week, according to the Associated Press.

Sources: Blagojevich indictment today  —  The U.S. attorney's office in Chicago says that later today it is announcing developments in a “significant criminal matter.”  Sources familiar with the situation said the announcement is expected to be the indictment of former Gov. Rod Blagojevich and others on corruption charges.

THE OPPOSITE OF NO NUMBERS IS NOT IMAGINARY NUMBERS.  —  About a week ago, House Republicans emerged with a budget that was widely mocked because it contained no numbers and made no sense.  This week, Representative Paul Ryan is proposing a budget that will be widely mocked because the numbers it contains make no sense.

Dodd Falls Way Behind As Approval Drops To Lowest Ever, Quinnipiac University Poll Finds; Voters Are Angry At AIG Bonuses And Blame Dodd  —  Connecticut Sen. Christopher Dodd trails former U.S. Rep. Rob Simmons, a possible Republican challenger, 50 - 34 percent in the 2010 Senate race …

Former AIG chief says bailout ‘failed’  —  Former AIG CEO Maurice “Hank” Greenberg says the bailout has “failed” and he's proposing a 10-point alternative focused on saving, not breaking apart, the mega-insurer.  —  Greenberg will reveal his plan during a hearing before the House Oversight …

Romney breaks with GOP on the issue of deregulation  —  Former Massachusetts Gov. Mitt Romney (R) said Wednesday that his party needs to take a fresh approach to government regulations in the wake of the economic crisis that has rattled the U.S. and world economies.

U.S. Military to Request More Troops for Afghanistan  —  Request for 10,000 Not Yet Submitted To White House  —  Gen. David H. Petraeus disclosed yesterday that American commanders have requested the deployment of an additional 10,000 U.S. troops to Afghanistan next year …

Cantor: Dems ‘overreacting’ to crisis  —  GOP Whip Eric Cantor thinks his party can retake the House in next year's midterm elections — and accused Democrats of “overreacting” to the economic crisis by embarking on a federal spending spree.  —  UPDATED: I cleaned up the transcript and transcribed his full quote from the tape.

Sen. Stevens ‘got screwed’ by Justice  —  The Justice Department's stunning decision to drop all charges against former Sen. Ted Stevens (R-Alaska) had GOP senators hailing the news as a vindication while government watchdogs fretted over the impact on other corruption cases against public officials.

Gingrich warns of third party in 2012  —  (CNN) — Former House speaker Newt Gingrich is warning of a third party mutiny in 2012 if Republicans don't figure out a way to shape up.  —  “If the Republicans can't break out of being the right wing party of big government, then I think you would …

Ed Schultz To Be MSNBC 6 PM Host  —  The #1 story on Countdown was Keith Olbermann introducing Ed Schultz as the new host of “The Ed Show” on MNSBC weeknights at 6PM ET.  —  Olbermann joked that the qualifications for MSNBC hosts are being “an ex-sportscaster born on the 27th of January” …

North Korea is fueling rocket, U.S. military says  —  CNN Senior Pentagon Producer  —  WASHINGTON (CNN) — North Korea has begun fueling its long-range rocket, according to a senior U.S. military official.  —  The fueling signals that the country could be in the final stages of what North Korea …

How to Fight a Smear  —  Dahlia Lithwick has a really good piece lamenting the fact that the mainstream media has failed to take on the right-wing smear campaign against Yale Law prof—and Obama's nominee to serve as the State Department's top lawyer—Harold Koh:

Franken puts Pawlenty in a jam  —  The legal fight between Al Franken and Norm Coleman is headed to the desk of Gov. Tim Pawlenty — a no-win predicament for a Minnesota Republican with his eye on a White House run in 2012.  —  Franken won big Tuesday when a three-judge panel allowed …

The Myth of 90 Percent: Only a Small Fraction of Guns in Mexico Come From U.S.  —  While 90 percent of the guns traced to the U.S. actually originated in the United States, the percent traced to the U.S. is only about 17 percent of the total number of guns reaching Mexico.  —  FOXNews.com