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11:20 PM ET, November 24, 2008

memeorandum

 Top Items: 
Associated Press:
Bush pardons 14 individuals  —  Outgoing president also commutes the prison sentence of two others  —  WASHINGTON - The Associated Press has learned that President George W. Bush has granted pardons to 14 individuals and commuted the prison sentences of two others.
RELATED:
Michael Winter / On Deadline:
Bush pardons 14, commutes 2 sentences  —  The Associated Press is reporting that President Bush has pardoned 14 individuals and commuted the prison sentences of two others.  No word yet on their identities or crimes.  —  They are first pardons since March and brings his total to 171 pardons and eight commutations.
Bloomberg:
Paulson May Ask for Remaining $350 Billion of TARP  —  Nov. 24 (Bloomberg) — Treasury Secretary Henry Paulson, less than a week after indicating he would let the Obama administration decide how to use the second half of the $700 billion financial fund, is considering asking for the money.
Discussion: Free exchange
RELATED:
Jeff Zeleny / New York Times:
Obama and Bush Working to Calm Volatile Market
Discussion: FP Passport
Bloomberg:
Fed Pledges Top $7.4 Trillion to Ease Frozen Credit  —  Nov. 24 (Bloomberg) — The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.
RELATED:
John Cassidy / New Yorker:
ANATOMY OF A MELTDOWN  —  Ben Bernanke and the financial crisis.
Jason Trahan / Dallas Morning News:
Holy Land Foundation defendants guilty on all counts  —  jtrahan@dallasnews.com  —  A jury on Monday determined that the Holy Land Foundation and five men who worked with the Muslim charity were guilty of three dozen counts related to the illegal funneling of at least $12 million to the Palestinian terrorist group Hamas.
Andrew Sullivan / The Daily Dish:
The Odd Lies Of Sarah Palin XXV: The Turkey Massacre  —  The wack-job is once again denying reality.  Here's a sane person: … But Palin is now denying all of it, and implicitly calling the photographer a liar: … Who are you going to believe: Palin or your lyin' eyes?
RELATED:
BREITBART.COM:
Alan Colmes to Depart Top Rated Hannity & Colmes  —  FOX News Channel's (FNC) Alan Colmes will relinquish his role as co-host of Hannity & Colmes at the end of the year.  —  In announcing his decision, Colmes said, “I approached Bill Shine (FNC's Senior Vice President of Programming) …
RELATED:
Michael Calderone / The Politico:
Hannity and Colmes split up
Huma Khan / Political Punch:
Rice Likely to UN for Obama (Susan, Not Condi)  —  From Jake Tapper, George Stephanopoulos, and Martha Raddatz:  —  ABC News has learned that Dr. Susan Rice has emerged as the leading candidate to be President-elect Obama's nominee as U.S. Ambassador to the United Nations.
Roger Simon / The Politico:
GOP senator: We haven't learned  —  The Republican U.S. senator sits glumly across the restaurant table.  —  “I don't think we have learned much from the election in terms of what people want to see,” he says.  “We have the same gridlock.”  —  By the “same gridlock,” he means that party hard-liners …
Discussion: www.redstate.com
Jeff Montgomery / delawareonline:
Minner naming Ted Kaufman to fill Biden's seat  —  Gov. Ruth Ann Minner said today she will appoint Ted Kaufman, a longtime, close adviser to Sen. Joe Biden, to fill the senator's seat until a 2010 special election, a move that some warned could leave Delaware Democratic Party feelings bruised for years to come.
Chris Bowers / Open Left:
“Obama's Secret Plan” Theories Still Thriving  —  Theories about how Obama will govern in a much more progressive manner than his policy proposals, his top advisors, and his campaign rhetoric have demonstrated remarkable staying power over the last year.  In December of 2007 …
Discussion: American Power
RELATED:
Myglesias / Matthew Yglesias:
Barnes: What a Progressive President Might Say
Greg Sargent / TPM Election Central:
Candidate For RNC Chair Was Member Of Whites-Only Country Club  —  Now here's a good way for the GOP to make the case that it hasn't been reduced to a southern regional rump party that's held hostage by intolerant crackpots: Elect as the new chairman of the Republican National Committee …
RELATED:
Mark Preston / CNN:   South Carolinian joins race for Republican Party chair
Eugene Volokh / The Volokh Conspiracy:
Hillary Clinton and the Emoluments Clause: There's been talk about whether Sen. Hillary Clinton is disqualified from a position as Secretary of State by the Emoluments Clause: … Adam Bonin's Daily Kos blog has a bit more on this, but the short version is that a Jan. 2008 executive order …
Molly Ball / Las Vegas Review-Journal:
POLITICAL NOTEBOOK: Freedom's Watch effort winding down  —  Conservative group's future undecided  —  Freedom's Watch, the conservative group backed by Las Vegas Sands Corp. Chairman Sheldon Adelson, is pretty much kaput, sources with knowledge of the organization said.
iowahawk:
Obama Names Bill Clinton to Presidential Post  —  WASHINGTON DC - Ending weeks of speculation and rumors, President-Elect Barack Obama today named Bill Clinton to join his incoming administration as President of the United States, where he will head the federal government's executive branch.
Discussion: Don Surber and Tim Blair
Justin Rood / ABCNEWS:
Citi, AIG Won't Drop Big Sports Sponsorships  —  Critics Slam Bailed-Out Firms' Pricey Deals for Naming Rights, Logo Placement  —  AIG, Citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team sponsorships …
ABCNEWS:
CONSERVATIVE LADIES PRETTY IN MINK  —  Pretty in Mink: Conservative Leading Ladies  —  Ann Coulter is the author of six New York Times best-sellers, a popular syndicated columnist and a frequent TV pundit.  She is the 2004 recipient of the Luce Policy Institute's Woman of the Year Award …
cfinst.org:
REALITY CHECK: Obama Received About the Same Percentage from Small Donors in 2008 as Bush in 2004  —  Obama also raised 80% more from large donors than small, outstripping all rivals and predecessors  —  It turns out that Barack Obama's donors may not have been quite as different as we had thought.
Anita Kumar / Virginia Politics:
Perriello Wins House Seat  —  The State Board of Elections certified Virginia's Nov. 4 election results, which includes a win for Democrat Tom Perriello over Rep. Virgil H. Goode Jr., a longtime incumbent in southern Virginia.  —  Goode has not conceded the close race and has 10 days to ask for a recount.
 
 
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 More Items: 
Michael M. Grynbaum / New York Times:
Markets Surge for a Second Day; Dow Up Nearly 400
Jim Kuhnhenn / Associated Press:
Obama's tax hike for the rich may be delayed
Carrie Dann / MSNBC:
MISSING BALLOTS IN MN?
James Hamilton / Econbrowser:
Time for a change at the Fed
Discussion: The Baseline Scenario and EconLog
Jerusalem Post:
Barak: Hizbullah has 42,000 missiles
Discussion: Commentary and Jihad Watch
Thomas R. Suozzi / The Politico:
States, localities can't fix economy alone
Discussion: Braublog and Spin Cycle
 Earlier Items: 
Gary Langer / ABCNEWS:
Two-Thirds Approve of Transition; Expectations on Economy Pull Back
Alison Boshoff / Daily Mail:
Michael Jackson - the man who blew a billion. …
Discussion: Don Surber
Benjamin Weiser / New York Times:
Court Backs Warrantless Searches Abroad
Discussion: The Corner
Cenk Uygur / The Huffington Post:
Richard Clarke for CIA Director
Arianna Huffington / The Huffington Post:
Hillary + Obama = High Drama
Discussion: Firedoglake, Shakesville and Wonkette
Charles Homans / Washington Monthly:
Last Secrets of the Bush Administration
Discussion: TPMCafe
Robert F. Worth / New York Times:
As Taboos Ease, Saudi Girl Group Dares to Rock
Discussion: The Moderate Voice