Sarah Palin to Contribute to Fox News  —  Former Gov. Sarah Palin of Alaska has signed on as a contributor to the Fox News Channel.  —  The network confirmed that Ms. Palin will appear on the network's programming on a regular basis as part of a multi-year deal.  Financial terms were not disclosed.

Dems launch defense to save Reid  —  Democrats are preparing to throw the race card back in the laps of Republicans as part of a counterattack designed to help save Harry Reid's political career.  —  First, Reid's allies plan to distribute the NAACP vote ratings of Republican senators who have scolded him.

U.S. Supreme Court blocks video coverage of Prop. 8 trial  —  The ruling will keep the proceedings off YouTube.  The justices, acting on an emergency appeal, say showing video could jeopardize the fairness of the trial.  —  Reporting from Washington - The U.S. Supreme Court …

Learning From Europe  —  As health care reform nears the finish line, there is much wailing and rending of garments among conservatives.  And I'm not just talking about the tea partiers.  Even calmer conservatives have been issuing dire warnings that Obamacare will turn America into a European-style social democracy.

Obama Weighs Fee to Recoup Bank Bailout and Cut Deficit  —  WASHINGTON — President Obama is likely to propose a fee on financial institutions to help reduce the federal deficit when he releases his budget plans in February, although the details remain unresolved, according to administration officials.

Coakley lead solid in Democratic poll  —  Martha Coakley enjoys a solid, double-digit lead in the Massachusetts Senate special election, according to an internal Democratic poll obtained by POLITICO.  —  The survey, conducted by longtime Democratic pollster Mark Mellman, has Democrat Coakley …

DNC sends senior aide to Boston  —  Hari Sevugan, the DNC's national press secretary, confirms he's headed to Boston to help with Martha Coakley's effort, a move that underscores how focused the party is on the race.  —  Sevugan's campaign and party role has been on offense …

Health Care Overhaul Bill Is ‘Hanging by a Thread’: Dodd  —  Health care reform is “hanging on by a thread,” and one or two votes could determine the outcome of the heavily-debated bill, Democratic Sen. Chris Dodd told CNBC Monday.  —  “Everyone feels, I guess, to some degree who have been for this …

The Bogus Flight 253 ‘One-Way Ticket’ Meme: Anatomy Of A Myth  —  In a remarkable example of how bad information can travel far and wide, dozens of media outlets around the world have said Umar Abdulmutallab was traveling on a one-way ticket to Detroit when he allegedly tried to blow up Flight 253 …

Mr. Smith Rewrites the Constitution  —  ABOUT the Senate, a college professor of mine used to say, “One day, the Supreme Court will declare it unconstitutional.”  He was joking, I think.  —  But the Senate, as it now operates, really has become unconstitutional: as we saw during …

The Most Stunning (and Uncommented on) Revelation in Too Big Too Fail  —  Although I read it two months ago, I haven't made much in the way of comments on Andrew Ross Sorkin's Too Big Too Fail, figuring the ground was well plowed by others.  However, the bit that I found the most shocking …

McCain aide denies ‘party of a**holes’ line  —  Among the many juicy, anonymously-sourced passages in Game Change is one that could stir some trouble for John McCain in his upcoming primary.  —  The scene takes place toward the beginning of McCain's bid for the White House:

White House Readies Aggressive Midterm Push  —  Axelrod Says Focus Will Be On Republican Alternatives  —  The White House strategy for contesting the midterm election is beginning to take shape.  —  In an interview with National Journal, senior White House political adviser David Axelrod laid …

CNN Poll: Majority confident Obama can handle terrorism  —  Washington (CNN) - In the wake of the Christmas day attempt to blow up a U.S. airliner, most Americans remain confident that the Obama administration can protect the country from terrorism, according to a new national poll.

Red-Ink Tsunami: Why Old Ideas Can't Fix the New Government Perma-Crisis  —  State and local governments have faced big budget gaps before.  Typically, things get tight for a while, then the economy perks up, tax revenues recover, and deficits are eliminated.  Life goes back to normal.