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Senate Republicans Threaten Tax Dispute Blockade — WASHINGTON — Not even 24 hours after President Obama met with senior Republican Congressional leaders and expressed hopes for a “new dialogue,” renewed partisan fury engulfed the Senate on Wednesday, as Republicans threatened to block …
Discussion:
TPMCafe, The Caucus, Washington Monthly, Ezra Klein, Hugh Hewitt's TownHall Blog, CNN, Booman Tribune and The Other McCain
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Can We Do the Non-Crazy Thing with the Bush Tax Cuts? — I am no longer going to “let the perfect be the enemy of the good.” I am no longer going to try to talk people into seeing that the “right” thing to do with the Bush tax cuts would be to let them all expire.
Discussion:
Yglesias, Obsidian Wings, The Caucus, Roll Call and Grasping Reality …

Parties dare each other as tax debate heats up
Discussion:
The Politico, ABCNEWS, The Note, New York Times, RedState and Guardian

Hopes for cooperation dashed
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FT Alphaville, PostPartisan, Taylor Marsh and ABCNEWS

Hedge Funds Tapped Rescue Program — Hedge funds and investors whose bearish trades on housing helped them profit amid the credit crisis were among those that benefited from a U.S. government emergency rescue program to kick-start lending, according to Federal Reserve data released Wednesday.
Discussion:
Yglesias and Seeing the Forest
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Fed wants to strip a key protection for homeowners — WASHINGTON — As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms.
Discussion:
Zandar Versus The Stupid

Too Big to Succeed — THE world has experienced a severe …
Discussion:
DealBook and Prairie Weather

Tea Party Caucus Takes $1 Billion In Earmarks — Members of the Congressional Tea Party Caucus may tout their commitment to cutting government spending now, but they used the 111th Congress to request hundreds of earmarks that, taken cumulatively, added more than $1 billion to the federal budget.
Discussion:
Alan Colmes' Liberaland, Washington Monthly, ThinkProgress, TPMDC, Swampland and Florida Independent
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Tea Partiers resist GOP healthcare repeal tactic — Tea Party lawmakers are balking at the House Republican leadership's plan to simultaneously repeal and replace President Obama's healthcare law. — The resistance from conservative lawmakers is a clear indication of the challenge Republican leaders face …
Discussion:
The Politico, Washington Monthly and Zandar Versus The Stupid

The Republican case for ratifying New START — Republican presidents have long led the crucial fight to protect the United States against nuclear dangers. That is why Presidents Richard Nixon, Ronald Reagan and George H.W. Bush negotiated the SALT I, START I and START II agreements.
Discussion:
Congress Blog, The Plum Line, RedState, New York Times, Federal Eye and Daily Kos
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Obama's time-warp focus on the New START treaty
Discussion:
protein wisdom and The Foundry


GOP to upend spending process — House Republicans seem intent on blowing up the staid appropriations process when they take power in January — potentially upending the old bulls in both parties who have spent decades building their power over the federal budget.
Discussion:
Sister Toldjah, Wake up America, Hot Air, Questions and Observations and Pirate's Cove


It took a guy to do this? House Speaker-elect John Boehner orders a change to benefit just 71 members — For some reason it took a male Speaker of the House to accomplish this: — The nearly six dozen female members of the incoming House of Representatives will have a new restroom …
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Boehner to create women's restroom adjacent to House floor
Discussion:
Alan Colmes' Liberaland, CNN, Reuters, American Power and The Moderate Voice

'Don't Ask, Don't Tell' Hearings: Live Updates From Washington — WHAT'S YOUR REACTION? … The Senate Armed Services committee is holding hearings for the military's controversial “Don't Ask, Don't Tell” policy on Thursday. Secretary of Defense Robert Gates, who in November urged Congress …
Discussion:
Wonk Room
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John McCain has run out of reasons to block the repeal of “Don't Ask, Don't Tell.”
Discussion:
Washington Monthly and Guardian


Joe Lieberman emulates Chinese dictators — (updated below) — The comparison of these two passages is so telling in so many ways: — The Washington Post, today: … The Guardian, yesterday: … Talking Points Memo — in an article headlined: “How Lieberman Got Amazon To Drop Wikileaks” …
Discussion:
The Atlantic Online, LewRockwell.com Blog, Emptywheel, The Nation, Washington Post and Firedoglake
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How Lieberman Got Amazon To Drop Wikileaks
Discussion:
Mudville Gazette, Hot Air, VentureBeat, The Moderate Voice, Guardian, Gawker and Talking Points Memo, more at Techmeme »

A strange way to honor the founding fathers — Republicans gained control of the House last month on a promise to “restore the Constitution.” So it is no small irony that one of their first orders of business is an attempt to rewrite the Constitution. — On Tuesday, Rep. Rob Bishop …
Discussion:
The Atlantic Online, Washington Monthly, Althouse, Instapundit, Wonk Room, Raw Story and Outside the Beltway

DeMint Sets Sights On Four Dems — South Carolina Sen. Jim DeMint (R) is turning his attention to 2012 and using the vote this week on an earmark moratorium to pick his Democratic targets. — DeMint sent an email to the supporters of his Senate Conservatives Fund early Wednesday highlighting four Democrats …
Discussion:
Ben Smith's Blog, TPMDC and Riehl World View

RTC — Receiving / paying for stolen property IS a crime. Once the official request to not release classified information was issued the release IS a crime. In the US the maximum penalty for that crime is death. — Mark Anthony — Why haven't British police arrested WikiLeaks boss …
Discussion:
Reuters, msnbc.com, New York Times, News: News blog, Raw Story, YID With LID, The Other McCain, Barcepundit, Time, Gawker and HotAirPundit, more at Mediagazer »

Brown in good position — As Scott Brown's first year in the Senate comes to a close he remains an extremely formidable political presence and leads five hypothetical 2012 reelection opponents by margins ranging anywhere from 7 to 19 points. — Vicki Kennedy (48-41) and Deval Patrick …
Discussion:
Yglesias and Taegan Goddard's …


Fox is quickly becoming the second-chance employer for fiery figures — Don't panic. Fox is hiring. — The leading cable news network and its business news offshoot, Fox Business Network, have made a habit of signing up reporters and media personalities who've found themselves on the wrong side in employee-employer spats.


LETTER FROM DUBLIN — It is one thing to know that someone you love is terminally ill; their death still comes as a shock. — I certainly don't want to compare the arrival of the EU-IMF team in Dublin last week to a bereavement. But I was surprised at how upsetting I found it, given that it came as no surprise.
Discussion:
The Atlantic Online, Crooked Timber and The Irish Economy

Nigeria to Charge Dick Cheney in Pipeline Bribery Case — Dec. 1 (Bloomberg) — Nigeria will file charges against former U.S. Vice President Dick Cheney and officials from five foreign companies including Halliburton Co. over a $180 million bribery scandal, a prosecutor at the anti-graft agency said.
Discussion:
ThinkProgress, Raw Story and Emptywheel

Conservatives split on debt plan as Coburn, Crapo announce support — A split emerged among conservatives Thursday over President Obama's fiscal commission after two more GOP members of the panel said they'd support its recommendations. — Sens. Tom Coburn (R-Okla.) and Mike Crapo (R-Idaho) …
Discussion:
National Review


Obama and GOPers Worked Together to Kill Bush Torture Probe — A WikiLeaks cable shows that when Spain considered a criminal case against ex-Bush officials, the Obama White House and Republicans got really bipartisan. — Post Comment — In its first months in office …
Discussion:
Crooks and Liars, Firedoglake, Open Left, Democracy Now, Harper's, Emptywheel, Philly.com, Raw Story, The Moderate Voice, Corrente and Hullabaloo


Andy Stern takes on America's second deficit — “Do we really need another deficit-reduction plan?” I ask Andy Stern. I like this stuff, but even I'm getting exhausted by the endless parade of plans, each just slightly different than the last, and none with an obviously supportive constituency in Congress.


GOP Will Retain House Control in 2012 — Guaranteed. — Control of the House of Representatives after the 2012 elections will still belong to the Republicans. IF Barack Obama stages a political comeback (which is certianly within the realm of possibility), Democrats will start the presidential coattails drumbeat.
Discussion:
Outside the Beltway


Sen. Alexander: “Most Of The People” Hit By Schumer's Tax Plan “Live On Wall Street” — 2 hours and 44 minutes ago — Matt Finkelstein — With members of Congress fighting over the fate of the expiring Bush tax cuts, Sen. Chuck Schumer (D-NY) has put forward a compromise that would maintain …
Discussion:
TalkLeft


On World AIDS Day, Larry Kramer, who first warned of epidemic, rips ‘Do-nothing’ Obama — On World AIDS Day, the man who first sounded the alarm about the AIDS epidemic and shamed the government into action for a decade, had some choice words for President Obama.
Discussion:
The Politico, JammieWearingFool, Weasel Zippers and Towleroad News #gay