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1:05 PM ET, November 25, 2008

memeorandum

 Top Items: 
Daniel Stone / Newsweek:
Even Dr. Doom Likes Them  —  Renowned economic pessimist Nouriel Roubini approves of Obama's picks, but they face grave challenges ahead.  —  President-elect Barack Obama's administration's reaction to the current economy would have to be, in his words, “swift and bold.”
Discussion: Salon and Real Time Economics
RELATED:
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.
Andrew Ross Sorkin / New York Times:
Where Was Geithner in Turmoil?  —  President-elect Barack Obama unveiled on Monday an economic team with deep experience handling economic crises.  But does the man at the center of this star-studded cast, Timothy F. Geithner, the nominee for Treasury secretary, have what is needed to take the nation in a new financial direction?
Washington Post:
Rubin, Paulson, Geithner a Familiar Trio at Heart of Citigroup Bailout
Discussion: David Corn and TPMCafe
New York Times:
U.S. Unveils New Programs to Ease Credit
Discussion: Below The Beltway
Mark Preston / CNN:
Palin to hit campaign trail in Georgia  —  WASHINGTON (CNN) — Republican vice presidential nominee Sarah Palin will make multiple campaign appearances on behalf of Sen. Saxby Chambliss next week in Georgia, serving as the political closer for the GOP senator who is battling to win a second term.
RELATED:
Josh Kraushaar / The Politico:   Palin campaigning for Chambliss
CNN:   Rudy to make campaign cameo in Georgia
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:
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Melinda Henneberger / Slate:
Obama's threat to Catholic hospitals and their very serious counterthreat.  —  When I saw the Catholic bishops had declared war on President-elect Obama at their semiannual meeting in Baltimore two weeks ago, my first reaction was pique: Gosh, guys, it isn't even parade day yet, and here you are, all dressed up and ready to rain on it.
Discussion: Townhall.com and Hot Air
Ezra Klein / American Prospect:
THE BEST AND THE BRIGHTEST.  —  “Isn't it amazing,” asks Krugman, “just how impressive the people being named to key positions in the Obama administration seem?  Bye-bye hacks and cronies, hello people who actually know what they're doing.  For a bunch of people who were written off …
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:
Christopher Hitchens / Slate:
The last thing we need is a Clinton in charge of foreign policy.
Discussion: normblog
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:
Jose Antonio Vargas / Washington Post:
Republicans Seek to Fix Short-Sitedness
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 …
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.
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.
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 …
Discussion: The Swamp, TIME.com and Paul Krugman
 
 
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 More Items: 
Larry Margasak / Associated Press:
Millionaires get farm payments; nobody checking
Discussion: Ben Smith's Blogs and Spin Cycle
Steve Benen / Washington Monthly:
FIXING FEMA.... Before George W. Bush took office, the Federal …
Carol Marbin Miller / MiamiHerald.com:
Florida ban on gay adoptions ruled unconstitutional
Discussion: The Bilerico Project
Myglesias / Matthew Yglesias:
Midwest HSR?  —  If you were willing to spend tens of billions …
Discussion: The Bellows
 Earlier Items: 
Matthew Vadum / American Spectator:
Liberalism Never Sleeps
James Parks / AFL-CIO NOW BLOG:
CNN Ordered to Rehire 110 Workers Fired for Belonging to a Union
John Cassidy / New Yorker:
ANATOMY OF A MELTDOWN  —  Ben Bernanke and the financial crisis.
Discussion: EconLog and Cafe Hayek
Bob Von Sternberg / Minneapolis Star Tribune:
Run-up in ballot challenges cloud Coleman-Franken recount