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12:15 PM ET, November 25, 2008

memeorandum

 Top Items: 
E. J. Dionne Jr / Washington Post:
Obama's Brain Trust  —  President-elect Barack Obama has now made three things clear about his plans to bring the economy back: He wants his actions to be big and bold.  He sees economic recovery as intimately linked with economic and social reform.  And he is bringing in a gifted brain trust to get the job done.
RELATED:
Washington Post:
Rubin, Paulson, Geithner a Familiar Trio at Heart of Citigroup Bailout  —  Rubin, Paulson, Geithner's Shared History Paved Way for $300 Billion Federal Guarantee  —  The bailout of Citigroup, which put the government at risk of hundreds of billions of dollars of losses …
Discussion: David Corn and TPMCafe
Alexander Bolton / The Hill:
For Collins, forgiveness may be tough  —  The tactics used by Democrats to secure at least 58 Senate seats may have damaged their chances of winning vital support from Sen. Susan Collins (R-Maine) in key votes in the 111th Congress.  —  Collins told colleagues at a small Senate prayer breakfast meeting …
RELATED:
Josh Kraushaar / The Politico:
Politico poll: Chambliss up by three  —  Republican Sen. Saxby Chambliss holds a narrow lead over Democrat Jim Martin in the Dec. 2 Georgia Senate runoff, according to a new Politico/InsiderAdvantage poll.  —  The poll shows Chambliss leading Martin by three points, 50 to 47 percent, with three percent of respondents undecided.
RELATED:
Josh Kraushaar / The Politico:
Palin campaigning for Chambliss  —  Sarah Palin will be headed to Georgia on the eve of the state's closely-watched Senate runoff to rally Republicans to the polls for Sen. Saxby Chambliss (R-Ga.)  —  The Alaska governor will be joining Chambliss for public rallies across the state, including stops in suburban Atlanta and Savannah.
Discussion: CNN
Mark Preston / CNN:
Palin to hit campaign trail in Georgia
Board of Governors of the Federal Reserve System:
For release at 8:15 a.m. EST  —  The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)—Fannie Mae, Freddie Mac, and the Federal Home Loan Banks—and mortgage-backed securities …
RELATED:
Deborah Solomon / Wall Street Journal:
New Facility Targets Consumer Lending
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 …
RELATED:
Jose Antonio Vargas / Washington Post:
Republicans Seek to Fix Short-Sitedness
Chris Cillizza / The Fix:
RNC Chair Race: The Lay of the Land
Drudge Report:
RUSSIAN ANALYST PREDICTS DECLINE AND BREAKUP OF USA  —  A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.  —  Professor Igor Panarin …
RELATED:
Bob Von Sternberg / Minneapolis Star Tribune:
Run-up in ballot challenges cloud Coleman-Franken recount
Discussion: The Caucus and Power Line
David Kocieniewski / New York Times:
The Congressman, the Donor and the Tax Break  —  Representative Charles B. Rangel has helped raise $11 million for a City College of New York school of public service to be named in his honor.  In recent months, as questions have emerged about his fund-raising, he has insisted that he has kept …
Wall Street Journal:
Why Don't We Hang Pirates Anymore?  —  It's a safe bet, dear reader, that the title of this column has caused you to either (a) roll your eyes and wonder, What century do you think we're living in? or (b) scratch your head and ask, Yes, why don't we?  Wherever you come down …
Discussion: Betsy's Page
RELATED:
Christopher Hitchens / Slate:
The last thing we need is a Clinton in charge of foreign policy.
Discussion: normblog
Seema Mehta / Los Angeles Times:
Claremont parents clash over kindergarten Thanksgiving costumes  —  Some say having students dress up as pilgrims and Native Americans is ‘demeaning.’ Their opponents say they are elitists injecting politics into a simple children's celebration.  —  For decades, Claremont kindergartners …
John B. Taylor / Wall Street Journal:
Why Permanent Tax Cuts Are the Best Stimulus  —  Short-term fiscal policies fail to promote long-term growth.  —  The incoming Obama administration and congressional Democrats are now considering a second fiscal stimulus package, estimated at more than $500 billion, to follow the Economic Stimulus Act of 2008.
David Zucchino / Los Angeles Times:
Injured veterans engaged in new combat  —  In a little-noticed regulation change, the Pentagon's definition of combat-related disabilities is narrowed, costing some wounded veterans thousands of dollars in lost benefits.  —  Marine Cpl. James Dixon was wounded twice in Iraq — by a roadside bomb and a land mine.
Discussion: Washington Post and Think Progress
Matthew Vadum / American Spectator:
Liberalism Never Sleeps  —  Businesses that politicians deem vital to the national interest aren't being allowed to fail in America today, and the bigger they are, the more help they get from the government.  So it's not much of a surprise that the fine points of yet another bailout package …
 
 
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 More Items: 
Melinda Henneberger / Slate:
Obama's threat to Catholic hospitals and their very serious counterthreat.
Discussion: Hot Air
Tina Susman / Los Angeles Times:
Release of Iranian raises questions in Iraq
Discussion: The Agonist and Informed Comment
Ezra Klein / American Prospect:
THE BEST AND THE BRIGHTEST.  —  “Isn't it amazing,” asks Krugman …
Braublog:
PiPress seeks unpaid leaves of absence
Discussion: The E&P Pub
James Parks / AFL-CIO NOW BLOG:
CNN Ordered to Rehire 110 Workers Fired for Belonging to a Union
 Earlier Items: 
John Cassidy / New Yorker:
ANATOMY OF A MELTDOWN  —  Ben Bernanke and the financial crisis.
Discussion: EconLog and Cafe Hayek
David Kirkpatrick / New York Times:
For Lobbyists, No Downturn, Just a Turnover
Xan Rice / Guardian:
Zimbabwe on brink of collapse as outbreak of cholera spreads
Discussion: VOTE, ParaPundit and AMERICAblog News