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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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Hugh Hewitt's TownHall Blog, Washington Wire, PoliPundit.com, OpenMarket.org and The Washington Note
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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:
White House, The Swamp, Washington Post, Think Progress, Wake up America, On Deadline, Outside The Beltway and PoliBlog


Bush announces $17.4 billion auto bailout — President Bush stepped in Friday to keep America's auto industry afloat, announcing a $17.4 billion bailout for GM and Chrysler, with the terms of the loans requiring that the firms radically restructure and show they can become profitable soon.


White House to Loan Auto Industry $17.4B — The $17.4 billion in low-interest loans will be drawn from the $700 billion Wall Street rescue fund but it will be called back if the companies are not viable by March 31. — FOXNews.com — The federal government will enable Detroit's ailing automakers …


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?
Discussion:
Los Angeles Times, The Huffington Post, Wall Street Journal, The Note, HRC Back Story, AMERICAblog News and Lynn Sweet
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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.


W. Mark Felt, Watergate Deep Throat, Dies at 95 — W. Mark Felt, who was the No. 2 official at the F.B.I. when he helped bring down President Richard M. Nixon by resisting the Watergate cover-up and becoming Deep Throat, the most famous anonymous source in American history, died Thursday.
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The Politico, Guardian, JammieWearingFool, Ed Driscoll.com, Gateway Pundit and Romenesko
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‘Deep Throat’ Mark Felt Dies at 95
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The Hill's Blog Briefing Room, The Democratic Daily, Gothamist, Democracy in America, Gawker and LA Observed

W. Mark Felt, ‘Deep Throat’ in Watergate reports, dies
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Hot Air


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:
Matthew Yglesias, Pajamas Media, LewRockwell.com Blog, Don Surber, Babalu Blog and Wake up America

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.

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:
Obsidian Wings, Babalu Blog, LiberalOasis, RedState, Chronicle of the Conspiracy, Betsy's Page and Power Line


Advocates for Action on Global Warming Chosen as Obama's Top Science Advisers — President-elect Barack Obama has selected two of the nation's most prominent scientific advocates for a vigorous response to climate change to serve in his administration's top ranks, according to sources …
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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?
Discussion:
Don Surber, Riehl World View, New York Times, National Review and Tennessee Guerilla Women

Coleman leads Franken by just 2 votes — Two votes is all that stands between Minnesota Republican Sen. Norm Coleman and Democrat Al Franken, according to the Associated Press tally in the state's still-unresolved Senate race. — Coleman's shrinking lead, combined with a state Supreme Court decision handed …
Discussion:
Scorecard's Blogs, Associated Press, CNN, Minneapolis Star Tribune, The BRAD BLOG, Truthdig and Yahoo! News
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Labor ties drive Solis pick — Rep. Hilda L. Solis (D-Calif.) will take over the Labor Department in an imploding job market, while Big Labor is licking its chops for payback in Washington. — So why is she giving up a potential leadership track in the House for one of the more daunting cabinet jobs?
Discussion:
TPM Election Central
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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.


Democrats Are the New Ethics Story — Blagojevich is just the tip of the iceberg. — A note to all those visitors who will soon flood Washington for the inauguration: Be careful of the “swamp.” — That would be the swamp Speaker Nancy Pelosi vowed to drain when she led her party to victory in 2006.

Plans Being Drawn to Close Guantanamo Prison — The Pentagon is drawing up plans to shut the military prison at Guantanamo Bay, Cuba, to be prepared for any order from President-elect Barack Obama, who has promised to close the controversial facility after he assumes office Jan. 20, a defense official said yesterday.

Police Get The Wrong House In Galveston, Allegedly Assault 12-Year-Old Girl — It was a little before 8 at night when the breaker went out at Emily Milburn's home in Galveston. She was busy preparing her children for school the next day, so she asked her 12-year-old daughter, Dymond, to pop outside and turn the switch back on.