Top Items:
Bloomberg:
Fed Defies Transparency Aim in Refusal to Identify Bank Loans — Nov. 10 (Bloomberg) — The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
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Washington Post:
Sometimes Continuity Trumps Change — Three Bush Appointees in Crucial Positions Likely to Remain Under Obama — As President-elect Barack Obama prepares to fill top positions for his incoming government, he faces a stubborn reality: Some of the key individuals he will rely upon to tackle …
Wall Street Journal:
U.S. Throws New Lifeline to AIG, Scrapping Original Rescue Deal — The U.S. government reached a deal Sunday night to scrap its original $123 billion bailout of American International Group Inc. and replace it with a new $150 billion package, according to people familiar with the matter.
Booman Tribune:
I'd Treat DC as a Crime Scene — I want to be clear that I do not expect, or even want, Barack Obama to govern as I would govern. However, if I were president-elect, I would be planning quite an operation on inauguration day. As soon as I was sworn in, I would demand that Robert Mueller submit his resignation.
Discussion:
The Sideshow
William Kristol / New York Times:
G.O.P. Dog Days? — Just before midnight on Nov. 4, I wasn't that worried. — Sure, the election results had been bad — but they weren't devastating. Obama wasn't winning the popular vote by double-digit margins, as some polls had suggested he might. Republican losses in the Senate …
Discussion:
The Huffington Post, TIME.com, ATTACKERMAN, PoliGazette, Open Left, Colin McEnroe, Bark Bark Woof Woof and The E&P Pub
Amit R. Paley / Washington Post:
A Quiet Windfall For U.S. Banks — With Attention on Bailout Debate, Treasury Made Change to Tax Policy — The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry.
Discussion:
The Big Picture, AMERICAblog News, Prairie Weather, Kevin Drum, Matthew Yglesias, The Agonist and BlondeSense
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Hilzoy / Washington Monthly:Excuse Me? — Here's a disturbing story:
Discussion:
Willem Buiter's Maverecon, American Street, naked capitalism, At-Largely and Washington Post
Eric Lichtblau / New York Times:
Jamie Gorelick — As he prepares to take office, President-elect Barack Obama is relying on a small team of advisers who will lead his transition operation and help choose the members of a new Obama administration. Following is part of a series of profiles of potential members of the administration.
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Chris Frates / The Politico:
Who would serve as attorney general? — The big money on who becomes the next attorney general is split between two distinct camps: consummate Washington insiders with serious policy credentials and prominent political backers of President-elect Barack Obama, according to leading insiders from both parties.
Paul Krugman / New York Times:
Franklin Delano Obama? — Suddenly, everything old is New Deal again. Reagan is out; F.D.R. is in. Still, how much guidance does the Roosevelt era really offer for today's world? — The answer is, a lot. But Barack Obama should learn from F.D.R.'s failures as well as from his achievements …
Scott Rasmussen / Wall Street Journal:
The Polls Show That Reaganism Is Not Dead — Barack Obama won the White House by campaigning against an unpopular incumbent in a time of economic anxiety and lingering foreign policy concerns. He offered voters an upbeat message, praised the nation as a land of opportunity …
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Jeff Zeleny / New York Times:
Obama Weighs Quick Undoing of Bush Policy — CHICAGO — President-elect Barack Obama is poised to move swiftly to reverse actions that President Bush took using executive authority, and his transition team is reviewing limits on stem cell research and the expansion of oil and gas drilling …
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James Rainey / Los Angeles Times:
Right-wing media feeds its post-election anger — Rush Limbaugh and Sean Hannity dive shamelessly in, talking about the ‘Obama recession’ and other partisan lines. — You have to give Rush Limbaugh a perverse kind of credit. At least when he is demonizing Barack Obama, fabricating Obama policies …
Glenn Thrush / The Politico:
Biden's new role: Good cop — A few days before the election, a Democratic strategist privately worried that a Vice-President Joe Biden was destined for a White House career of dissatisfaction and idle-hands mischief. — “You can't just have a guy like him at loose ends, he'd go crazy,” …
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Andrew / Red State, Blue State, Rich State, Poor State:
The myth of poor Democratic performance in House races in the 2008 election — There's an idea going around that the Democrats turned in a disappointing performance in Congressional races this year. For example, a politically-minded friend of mine of the liberal persuasion wrote …
Paola Totaro / The Age:
Warning of new bin Laden attack — OSAMA bin Laden is planning an attack against the United States that will “outdo by far” September 11, an Arab newspaper in London has reported. — And according to a former senior Yemeni al-Qaeda operative, the terrorist organisation has entered a …
Monte Whaley / Denver Post:
Race in 4th is over, but not ill will — After a bitter campaign, the GOP's Marilyn Musgrave has yet to congratulate Democrat Betsy Markey or concede. — Bitterness generated by the bruising battle between Betsy Markey and Marilyn Musgrave apparently lingers days after voters decided the winner of the 4th Congressional District.
Washington Post:
Under Obama, Web Would Be the Way — CHICAGO — Armed with millions of e-mail addresses and a political operation that harnessed the Internet like no campaign before it, Barack Obama will enter the White House with the opportunity to create the first truly “wired” presidency.
Los Angeles Times:
Schwarzenegger tells backers of gay marriage: Don't give up — The governor expresses hope that Proposition 8 would be overturned as protesters continued to march outside churches across California. — Reporting from Sacramento and Lake Forest — Gov. Arnold Schwarzenegger on Sunday expressed hope …
McQ / QandO:
MORE SHARE THE WEALTH ... From the usual suspects. In this case, specifically, Jim Moran, Democrat, Virginia: … No comment necessary. — [HT: Pundit Review]
Discussion:
Hot Air
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