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1:30 PM ET, December 1, 2008

memeorandum

 Top Items: 
CNN:
Obama names Clinton to national security team  —  (CNN) — President-elect Barack Obama on Monday announced Sen. Hillary Clinton as his pick for secretary of state, calling her an “American of tremendous stature who will have my complete confidence.”  —  “Hillary's appointment is a sign …
RELATED:
Roger Cohen / New York Times:
Try Tough Love, Hillary  —  Imagine Ehud Olmert, the outgoing Israeli prime minister, saying this to Barack Obama:  —  “The United States has been wrong to write Israel a blank check every year; wrong to turn a blind eye to the settlements in the West Bank; wrong not to be more explicit …
Discussion: Commentary and The Sideshow
Carrie Dann / MSNBC:
FIRST THOUGHTS: MADAME SECRETARY
Discussion: The Atlanticist
Mary Ann Akers / The Sleuth:
It Hurts To Be John Kerry Today
Discussion: Matthew Yglesias
Myglesias / Matthew Yglesias:
Cabinet Rank  —  Some people I know were less-than-thrilled to hear that Susan Rice would be heading to New York as our UN Ambassador since they would have rather seen her take a post in DC where she could help ensure that the Gates/Jones/Clinton “team of rivals” doesn't manage to lock …
Discussion: Eschaton
RELATED:
Peter Baker / New York Times:
Choice for U.N. Backs Action Against Mass Killings  —  CHICAGO — President-elect Barack Obama has chosen his foreign policy adviser, Susan E. Rice, to be ambassador to the United Nations, picking an advocate of “dramatic action” against genocide as he rounds out his national security team, Democrats close to the transition said Sunday.
David E. Sanger / New York Times:
A Handpicked Team for a Sweeping Shift in Foreign Policy
Clay Risen / The New Republic:   Rice on Deck  —  Completely idle speculation here …
Wall Street Journal:
India Security Faulted as Survivors Tell of Terror  —  At Tourist Haunts and Train Station, Swiftly Launched Assault Overwhelmed Police; Home Affairs Minister Steps Down  —  MUMBAI — As waiters started setting dinner buffets in Mumbai's luxurious hotels, the killings that would ravage …
RELATED:
Rex Nutting / MarketWatch:
U.S. recession began in December 2007, NBER says  —  WASHINGTON (MarketWatch) — The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday.  The economy reached a peak in December and has been declining since …
Discussion: Wonkette and Newshoggers.com
RELATED:
Lauren Sher / ABCNEWS:
Bush: ‘I Did Not Compromise My Principles’  —  President George W. Bush Says He Will Leave Office With ‘Head Held High’  —  Looking back on his eight years in the White House, President George W. Bush pinpointed incorrect intelligence that Iraqi President Saddam Hussein had weapons of mass destruction as …
RELATED:
ABCNEWS:   Transcript: Charlie Gibson Interviews President Bush
Paul Kane / Washington Post:
Senate Could Give New President Early Legislative Victories  —  As Senate Democrats prepare for next year's agenda, they are likely to have a working filibuster-proof majority on a variety of legislative issues that could provide early victories for President-elect Barack Obama.
RELATED:
Waco Tribune-Herald:
Rep. Rangel may prove Democrats' albatross amid party's loud claims …
Discussion: www.redstate.com
Andrew Higgins / Wall Street Journal:
How to Combat a Banking Crisis: First, Round Up the Pessimists  —  Latvian Agents Detain a Gloomy Economist; ‘It Is a Form of Deterrence’  —  RIGA, Latvia — Hammered by economic woe, this former Soviet republic recently took a novel step to contain the crisis.
Discussion: The New Republic and Paul Krugman
Jack Schofield / Guardian:
Memeorandum runs rings around Google News  —  If you want to know what's happening in the world, then Memorandum will tell you - at least in a couple of areas.  It's an automated news clipping service, known in the trade as a “news aggregator”.  It provides headlines and short texts updated every few minutes …
Matt Apuzzo / Associated Press:
AP IMPACT: US diluted loan rules before crash  —  WASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed.
Discussion: The Heretik and Donklephant
Andrew Breitbart / Washington Times:
Six degrees of Imran Khan  —  ANALYSIS/OPINION:  —  On the evening of Nov. 26, the biggest names in Bollywood walked the red carpet at the Bombay premiere of “The President Is Coming,” a comedy about six 20-somethings vying to win the right to shake hands with President Bush.
Discussion: Power Line and Hot Air
Dorothy Rabinowitz / Wall Street Journal:
Deepak Blames America  —  The media look within to explain the sick delusions of the Mumbai killers.  —  If the Mumbai terror assault seemed exceptional, and shocking in its targets, it was clear from the Thanksgiving Day reports that we weren't going to be deprived of the familiar, either.
Extreme Mortman:
Top Ten Funniest Political Quotes Of 2008  —  At the end of 2006 we brought you the funniest political quotes of 2006.  —  At the end of 2007 we brought you the funniest political quotes of 2007.  —  Now that we're nearing the end of 2008 it's time for the top ten funniest political quotes of 2008.
 
 
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 More Items: 
Washington Wire:
Obama's Remarks on His National Security Nominees
BBC:
Cheap sex - the credit crunch is biting under the sheets
Maureen Dowd / Vanity Fair:
What Tina Wants
Discussion: Don Surber and Gawker
CNN:
Specter ‘prepared’ to take on TV anchor
Globe and Mail:
Liberals, NDP firm up deal to topple Tories
Amy Schatz / Wall Street Journal:
FCC Head Pushes Free Web Plan
Discussion: GigaOM and The Moderate Voice
 Earlier Items: 
Neha Singh / Reuters:
Credit card industry may cut $2 trillion of lines: analyst
Discussion: Donklephant
Nia-Malika Henderson / The Politico:
44's speeches not yet on par with 16's
Discussion: Newshoggers.com
Wall Street Journal:
America's Other Auto Industry
Discussion: Commentary and www.redstate.com