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10:50 AM ET, November 10, 2008

memeorandum

 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.
RELATED:
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.
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 …
Hilzoy / Washington Monthly:
Excuse Me?  —  Here's a disturbing story: … The WSJ covered this a few weeks back (h/t publius.)  —  Here's the relevant section of the Internal Revenue Code.  It provides that “The Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the purposes of this section and section 383”.
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
Discussion: The Sideshow
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.
RELATED:
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 …
Discussion: Townhall.com, TIME.com and David Frum
Edward Luce / Financial Times:
Obama set to push ‘big bang’ reform package
Discussion: Vox Popoli
Michael A. Fletcher / Washington Post:
Aide: Middle-Class Tax Cut a Priority
Discussion: Political Radar
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 …
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.
RELATED:
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 …
Discussion: Commentary and Betsy's Page
RELATED:
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,” …
RELATED:
Associated Press:
Obama planning US trials for Guantanamo detainees  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - President-elect Obama's advisers are quietly crafting a proposal to ship dozens, if not hundreds, of imprisoned terrorism suspects to the United States to face criminal trials …
Lydia Saad / Gallup:
Obama and Bush: A Contrast in Popularity  —  Transition marked by sharp divergence in leaders' ratings  — USA - Election 2008 - Favorability - Government and Politics - Presidential Job Approval - Americas - Northern America  —  PRINCETON, NJ — Monday's White House meeting between …
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: Wake up America and Hot Air
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 …
 
 
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 More Items: 
Alan Ehrenhalt / New York Times:
Will Obama's Congress Be Too Friendly?
Discussion: Booman Tribune and Open Left
Peter Kauffmann / The Politico:
Dems get new crop of military voters
Discussion: Washington Monthly
Juan Williams / Wall Street Journal:
What Obama's Victory Means for Racial Politics
Discussion: Don Surber and Betsy's Page
Ben Feller / Associated Press:
Obama to Get His First Look at the Oval Office
Discussion: Gateway Pundit and Reuters
Monte Whaley / Denver Post:
Race in 4th is over, but not ill will
Paola Totaro / The Age:
Warning of new bin Laden attack
Discussion: Hot Air, Wizbang and Jihad Watch
 Earlier Items: 
Chicago Tribune:
Obama's new best friend
Discussion: www.redstate.com and Kausfiles
Kim Sengupta / The Independent:
MPs seek to censor the media
Discussion: Guardian
Shankar Vedantam / Washington Post:
Big Political Donors Just Looking for Favors? Apparently Not.
 

 
From Mediagazer:

Chris Lehmann / In These Times:
Reports from Inside First Look Media Suggest That Maybe Silicon Valley Shouldn't Manage Journalists

Mark Sweney / Guardian:
Mail Online revenues grow 41% to £62m in 2014

Mark Sweney / Guardian:
Sun+ reports 225K readers pay for its digital bundle, almost double the 117K reported Dec. 2013

 
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