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12:00 PM ET, December 10, 2008

memeorandum

 Top Items: 
New York Times:
Obama's Effort on Ethics Bill Had Role in Governor's Fall  —  In a sequence of events that neatly captures the contradictions of Barack Obama's rise through Illinois politics, a phone call he made three months ago to urge passage of a state ethics bill indirectly contributed to the downfall …
RELATED:
The Politico:
In scandal, risks for Obama  —  At first blush, Barack Obama comes out of the Rod Blagojevich scandal smelling like a rose.  The prosecutor at a news conference seemed to give the president-elect a seal of approval, and the Illinois governor himself was caught on tape complaining that Obama was not interested in crooked schemes.
Chicago Tribune:
Barack Obama plans to reach out to Muslim world  —  In exclusive interview, he says he plans to be sworn in like every other president, using his full name: Barack Hussein Obama  —  Barack Obama says his heart will remain in Chicago, even as he moves to Washington.  (Alex Garcia / Tribune / December 9, 2008)
Andrew Malcolm / Top of the Ticket:
Text of Obama's first newspaper interview as president-elect  —  In his first post-election newspaper interview, President-elect Barack Obama doesn't spill all the beans about his intentions upon taking office on Jan. 20.  —  But he does reveal some interesting details.
Susan Saulny / New York Times:
Portrait of a Politician: Vengeful and Profane  —  CHICAGO — Little in Gov. Rod R. Blagojevich's background prepared the people of Illinois for the man who was revealed in the criminal complaint that dropped like a bombshell here on Tuesday.  Delusional, narcissistic, vengeful and profane …
Stacy St. Clair / Chicago Tribune:
Governor's wife supported his pay-to-play Senate scheme, complaint alleges  —  Patricia Blagojevich uncharged but allegedly recorded urging Tribune firings  —  An unflattering portrait depicting Illinois First Lady Patricia Blagojevich as a modern-day Lady Macbeth who plotted …
Mike Allen / The Politico:
Swearing in: Barack Hussein Obama
Discussion: Philly.com and The Campaign Spot
Hilzoy / Obsidian Wings:   Blagojevich  —  Since everyone else has already noted …
Michelle Malkin:
Boomerang: The Democrat culture of corruption
Discussion: Right Wing News and New York Times
CNN:
Blagojevich plans to return to work Wednesday
Discussion: Connecting.the.Dots
David Leonhardt / New York Times:
$73 an Hour: Adding It Up  —  Seventy-three dollars an hour.  —  That figure — repeated on television and in newspapers as the average pay of a Big Three autoworker — has become a big symbol in the fight over what should happen to Detroit.  To critics, it is a neat encapsulation …
RELATED:
Jesse McKinley / New York Times:
Gay Marriage Ban Inspires New Wave of Activists  —  SAN FRANCISCO — They're calling it Stonewall 2.0.  —  Outraged by California voters' ban on same-sex marriage, a new wave of advocates, shaken out of a generational apathy, have pushed to the forefront of the gay rights movement …
Discussion: Bark Bark Woof Woof
RELATED:
Ali Frick / Think Progress:   Stewart Grills Huckabee On Gay Marriage: ‘At What Age Did You Choose Not To Be Gay?’
Dave Orrick / TwinCities.com:
FBI reviewing allegations involving Norm Coleman ally, source says  —  Source: Inquiry involves alleged attempt to steer money toward senator  —  Federal investigators are looking into allegations that a longtime friend and benefactor tried to steer money to U.S. Sen. Norm Coleman, the Pioneer Press has learned.
Steve Benen / Washington Monthly:
THE INEVITABLE PUSH.... It's only been 24 hours, and it's pretty obvious that reports like this one, from the AP's Liz Sidoti, are going to quickly become mind-numbing. … There's just no reason for reporting like this.  Is Obama connected to Blagojevich's scandal?  No, but the scandal is “threatening to dog him.”
RELATED:
Joseph E. Stiglitz / Vanity Fair:
Capitalist Fools  —  Behind the debate over remaking U.S. financial policy will be a debate over who's to blame.  It's crucial to get the history right, writes a Nobel-laureate economist, identifying five key mistakes—under Reagan, Clinton, and Bush II—and one national delusion.
Agence France Presse:
Obama plans major address in Islamic capital: interview  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON, (AFP) - President-elect Barack Obama plans to give “a major address” in an Islamic capital soon after taking office as he seeks to mend America's image in the Muslim world …
Josh Israel / The Center for Public Integrity:
OUR BROKEN GOVERNMENT  —  The 2008 presidential race produced its share of philosophical and political disputes, but one broad area of agreement underlined the campaigns of both nominees: The federal government is not functioning as it should.  A McCain ad began, “Washington's broken.
Los Angeles Times:
Obama speaks out in his first newspaper interview  —  The president-elect discusses Gov. Blagojevich, the economy, Islam and civil rights, among other topics. … Have you ever spoken to [ Illinois] Gov. [ Rod R.]  Blagojevich about the Senate seat?  —  I have not discussed the Senate seat with the governor at any time.
Washington Post:
Pakistan Detains Extremist Leader  —  U.S., India Question Effort's Seriousness  —  For the second time in a decade, suspected Pakistani terrorist leader Masood Azhar was placed under house arrest yesterday after being linked to attacks in India.  His detention, announced by Pakistan's Defense Ministry …
Daniel Engber / Slate:
Why Is Chicago So Corrupt?  —  And how do you measure corruption, anyway? … Former Illinois Gov. George Ryan received a sentence of six and a half years in prison on Wednesday, after being convicted on charges of racketeering, mail fraud, filing false tax returns, and lying to investigators.
Chicago Sun Times:
Madigan may take him to high court  —  SPRINGFIELD — If Gov. Blagojevich refuses to relinquish power and avoids impeachment, Attorney General Lisa Madigan is prepared to force his hand, aides said Tuesday.  —  The state's chief law enforcement officer is prepared to invoke …
Discussion: TIME.com and TPM Election Central
 
 
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 More Items: 
Amity Shlaes / Washington Post:
The Perils of a Cement Tsunami
Peter Nicholas / Los Angeles Times:
L.A. deputy mayor reportedly sought for Obama environment team
Discussion: TIME.com
Michael R. Crittenden / Wall Street Journal:
Watchdogs Chide Treasury on Bailout
Discussion: Portfolio
Myglesias / Matthew Yglesias:
Qualifications I Can Believe In
Pat Doyle / Minneapolis Star Tribune:
Senate recount: State law is clear on challenged ballots, except in the details
Discussion: The Raw Story and TIME.com
 Earlier Items: 
Bloomberg:
Worst Spending Slump Since 1942 Extends ‘Scary’ U.S. Recession
Thomas L. Friedman / New York Times:
While Detroit Slept
Discussion: The New Republic and The Agonist
Kenneth P. Vogel / The Politico:
Donilon Likely for NSC
Discussion: MSNBC
Stephen Green / Vodkapundit:
The Brutal Truth  —  Cut & paste this and send it to your Congressman.
Discussion: Outside The Beltway
Joel Sherman / New York Post:
CC SABATHIA PICKS YANKEES
Discussion: Below The Beltway
James Hamilton / Econbrowser:
Predicting the trough and a jobless recovery
Discussion: Capital Commerce
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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