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10:45 AM ET, November 25, 2008

memeorandum

 Top Items: 
Eric Dash / New York Times:
Saving Citi May Create More Fear  —  One bailout was not enough for Citigroup.  And it may not be enough for other big banks.  —  While Citigroup's second multibillion-dollar rescue from Washington hit Wall Street like a shot of adrenaline on Monday, many analysts worried that the jolt would soon wear off.
RELATED:
Deborah Solomon / Wall Street Journal:
New Facility Targets Consumer Lending  —  Treasury Secretary Henry Paulson, seeking to ease strains in the consumer credit market, plans to announce Tuesday the formation of a program to increase the availability of auto loans, student loans and credit cards, according to people familiar with the matter.
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:
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:
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 …
Bob Von Sternberg / Minneapolis Star Tribune:
Run-up in ballot challenges cloud Coleman-Franken recount  —  With 3,000-plus votes disputed, it's hard to know who is really gaining.  —  The number of ballot challenges in the U.S. Senate recount surged again on Monday, passing 3,000 overall and clouding the question of who's picking up ground in the hotly contested race.
Discussion: The Caucus and Power Line
RELATED:
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 …
Eugene Volokh / The Volokh Conspiracy:
More on Hillary Clinton and the Emoluments Clause:  —  From Prof. Michael Stokes Paulsen, author of Is Lloyd Bentsen Unconstitutional?, 46 Stanford L. Rev. 907 (1994) (some paragraph breaks added, some glitches fixed with Prof. Paulsen's advance permission):
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.
Discussion: Hot Air and PoliBlog (TM)
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 …
Discussion: Don Surber
Mark Steyn / The Corner:
Moonstruck  —  On Friday I had the honor of addressing the Federalist Society in Washington on the matter of my free-speech travails up north.  And, in response to a question on whether the Canadian “Human Rights” Commission were surprised that I'd pushed back against them …
David Kirkpatrick / New York Times:
For Lobbyists, No Downturn, Just a Turnover  —  WASHINGTON — Richard Hunt, a top Republican lobbyist for the securities industry, was among the first to go, just a week after the election.  Marc Racicot, the president of the American Insurance Association and former Republican Party chairman, resigned a few days later.
Jacqueline Trescott / Washington Post:
Economic Headlines Hit Home At Newseum  —  Shrinking Endowment Leads to 25 Job Cuts  —  The economic downturn has prompted the Newseum, the sprawling attraction on Pennsylvania Avenue NW that opened in April, to reduce its staff of 250 employees by 10 percent, the institution has announced.
John Cassidy / New Yorker:
ANATOMY OF A MELTDOWN  —  Ben Bernanke and the financial crisis.  —  Some are born radical.  Some are made radical.  And some have radicalism thrust upon them.  That is the way with Ben Bernanke, as he struggles to rescue the American financial system from collapse.
Discussion: EconLog, Cafe Hayek and Corrente
Chris Cillizza / The Fix:
RNC Chair Race: The Lay of the Land  —  The fight to be the next face of the Republican party — or at least the next chairman of the Republican National Committee — has been defined so far by a cavalcade of announced and potential candidates and a dearth of individuals with the star power to emerge as the frontrunner.
Discussion: Townhall.com
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
Michael Ledeen / The Corner:
Hero of the Day  —  Marine Makes Insurgents Pay the Price November 18, 2008 Marine Corps News  —  FARAH PROVINCE, Afghanistan - In the city of Shewan, approximately 250 insurgents ambushed 30 Marines and paid a heavy price for it.  —  Shewan has historically been a safe haven for insurgents …
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:
Deb Riechmann / Associated Press:
Bush pardons 14 and commutes 2 prison sentences
 
 
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 More Items: 
Julie Hirschfeld Davis / Associated Press:
Obama, Democrats plan $500B economic package
The Politico:
Does Obama's economics team inspire confidence? …
Rasmussen Reports:
49% Say U.S. Should Keep Guantanamo Prison Open
Bob Egelko / San Francisco Chronicle:
State high court opens door for prosecuting some medical pot suppliers
Discussion: NORML
 Earlier Items: 
Chris Wallace / Fox News:
Transcript: Reps. Hoyer and Boehner on ‘FNS’
Discussion: Shopfloor and Political Machine
David Kirby / The Huffington Post:
Autism May Be Caused By “Chemical Exposures”
Discussion: AGE OF AUTISM
Paul / Power Line:
HISTORY MAKES WAY FOR OBAMA-WORSHIP AT THE NEW YORK TIMES
Anita Kumar / Virginia Politics:
Perriello Wins House Seat
 

 
From Mediagazer:

Alexandra Bruell / Wall Street Journal:
The Atlantic is profitable, has 1M subscribers, and revenue grew 10% in 2023 thanks to a 50% price hike, a harder paywall, and a shift to in-depth reporting

Ashley Carman / Bloomberg:
How MowPod, which sells podcast advertising tools, uses mobile game ads to incentivize gamers to follow shows on Apple Podcasts in order to earn in-game tokens

New York Times:
The NBC News-Ronna McDaniel saga highlights the perks and perils of partisan talk TV; a source says McDaniel is now seeking $600K+ for her two year deal

 
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