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2:00 PM ET, December 12, 2008

memeorandum

 Top Items: 
Chicago Tribune:
Blagojevich fundraiser held by Jackson allies Saturday  —  As Gov. Rod Blagojevich was trying to pick Illinois' next U.S. senator, businessmen with ties to both the governor and U.S. Rep. Jesse Jackson Jr. discussed raising at least $1 million for Blagojevich's campaign as a way to encourage …
RELATED:
Eli Saslow / Washington Post:
Obama Worked to Distance Self From Blagojevich Early On  —  Like every other politician in Illinois, Gov. Rod Blagojevich waited for Barack Obama's call this summer.  He told colleagues that he expected a speaking role at the 2008 Democratic National Convention, a nice bit of payback …
Carrie Budoff Brown / The Politico:
Rendell slams Obama over Blago  —  Pennsylvania Gov. Ed Rendell today criticized Barack Obama for not being more upfront about the Illinois corruption scandal.  —  Now, he said, the story will continue to dominate the media's attention.  —  “They have never been in an executive position before …
Chicago Breaking News:
Madigan asks court: Remove Blagojevich  —  Atty. General Lisa Madigan called on the Illinois Supreme Court today to temporarily remove Gov. Rod Blagojevich from office and appoint Lt. Gov. Patrick Quinn as acting governor, “so the business of the state of Illinois can go forward.”
Matthew Jaffe / ABCNEWS:
Emanuel: I'm Getting Death Threats Over Blagojevich Scandal  —  Obama's Chief of Staff Refuses to Go to Work Because of Media Stakeout  —  The President-elect's chief of staff, Rahm Emanuel, said today he won't go to the Chicago Presidential transition offices in order to avoid reporters seeking …
Discussion: TIME.com and theheretik.us
Chicago Tribune:
Sam Zell's financial adviser at Tribune Co. was middleman sought by Blagojevich
Chicago Sun Times:
What's next for Jesse Jackson Jr.?
Discussion: TIME.com and Political Machine
Steve Benen / Washington Monthly:
‘THE PARTY OF HERBERT HOOVER’.... On Wednesday, Dick Cheney met with Senate Republicans and emphasized the importance of keeping the American automotive industry afloat.  “If we don't do this, we will be known as the party of Herbert Hoover forever,” the vice president said.
RELATED:
David Rogers / The Politico:
Bailout failure shows leadership vacuum
Discussion: The Caucus and The Crypt's Blogs
White House:
Statement by Press Secretary Dana Perino  —  It is disappointing that while appropriate and effective legislation to assist and restructure troubled automakers received majority support in both houses, Congress nevertheless failed to pass final legislation.  The approach in that legislation provided …
RELATED:
Todd S. Purdum / New York Times:
Robin Toner, Times Reporter, Is Dead  —  Robin Toner, who was the first woman to be the national political correspondent of The New York Times and who had a significant hand in the coverage of five presidential elections, innumerable Congressional and gubernatorial campaigns …
Chicago Breaking News:
Blagojevich chief of staff Harris resigns  —  John Harris resigned this morning as Gov. Rod Blagojevich's chief of staff, his lawyer said.  —  Harris dropped off his letter of resignation today in person and will not be going back to the office, according to his lawyer, Terry Ekl.
Eric Kleefeld / TPM Election Central:
Franken Gets Big Win At Canvass Board  —  Al Franken's chances of winning the Minnesota recount may have just gone up astronomically.  —  The state canvassing board just voted unanimously that absentee ballots that were initially rejected because of clerical errors — and the current estimate …
RELATED:
Josh Kraushaar / Scorecard's Blogs:
Franken camp wins two key rulings
Discussion: The Raw Story
Amanda Terkel / Think Progress:
Powell lashes out at Palin: I'm from the South Bronx, 'and there's nothing wrong with my value system.'  —  In an interview with CNN's Fareed Zakaria that will air this weekend, former Secretary of State Colin Powell sharply criticized the Republican party and its “value system,” taking particular aim at Gov. Sarah Palin (R-AK):
Charles Krauthammer / Washington Post:
The Real Obama  —  Barack Obama has garnered praise from center to right — and has highly irritated the left — with the centrism of his major appointments.  Because Obama's own beliefs remain largely opaque, his appointments have led to the conclusion that he intends to govern from the center.
Discussion: Swampland and Betsy's Page
Wall Street Journal:
Top Broker Accused of $50 Billion Fraud  —  Sons Turned In Madoff After He Allegedly Told Them His Investment-Advisory Business for the Wealthy Was ‘Giant Ponzi Scheme’  —  Bernard L. Madoff, a former chairman of the Nasdaq Stock Market and a force in Wall Street trading for nearly 50 years …
Joseph Stiglitz / Financial Times:
Chapter 11 is the right road for US carmakers  —  The debate about whether or not to bail out the Big Three carmakers has been mischaracterised.  It has been described as a package to help the undeserving dinosaurs of Detroit.  In fact, a plan to bail out the carmakers would benefit shareholders …
Discussion: Firedoglake
The Politico:
Obama's chief tech duties  —  For a long time, we've been saying that America's politicians couldn't tell the difference between a server and a waiter.  Now, it looks like President-elect Barack Obama not only knows the difference, but he also understands how to harness the power of the former to improve the life of the latter.
Discussion: The Huffington Post
myfoxtwincities.com:
Exclusive: Norm Coleman's Renovation Project Coincides with Financial Lawsuit  —  ST. PAUL (FOX 9) — The timing and cost of Sen. Norm Coleman's home renovation has again raised questions about allegations that an Edina, Minn. businessman funneled money to Norm Coleman's wife Laurie.
 
 
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 More Items: 
Jeffrey Ressner / The Politico:
‘Che’ relevant to American politics
Discussion: Reason
Ta-Nehisi Coates:
Pragmatism and evil  —  Chris Hayes offers up a must-read analysis …
Discussion: Alas, a blog
Megan McArdle:
Tracking TARP  —  Elizabeth Warren, the bankruptcy specialist …
Alfie Kohn / The Nation:
Beware School ‘Reformers’
Josh Marshall / Talking Points Memo:
THOUGHTS ON THE BAILOUT FLAMEOUT
 Earlier Items: 
Andrew Levy / Daily Mail:
School choir forced to pull out of Christmas concert as carols were ‘too religious’
Discussion: Right Wing News
Steven Pearlstein / Washington Post:
Just One Real Leader, and We Could Have Avoided This Mess
Paul Farhi / Washington Post:
WUSA Moves to One-Person News Crews
Scott Horton / Harper's:
Politics and the Federal Prosecutor
Pan Pylas / Associated Press:
World markets plunge as US auto bailout fails
Discussion: Hot Air, The Other McCain and The RBC
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
Ben Sherwood and Joanna Coles take minority stakes in The Daily Beast; Sherwood will be CEO and publisher, and Coles will be chief creative and content officer

Laurence Peter / BBC:
Russia's Ministry of Justice labels BBC Russian correspondent Ilya Barabanov and science reporter Asya Kazantseva as “foreign agents”; both now live abroad

Max Tani / Semafor:
The Intercept is losing ~$300K/month and could run out of cash by May 2025, according to data from March; its CEO says the projection was a worst case scenario

 
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