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9:55 AM ET, December 19, 2008

memeorandum

 Top Items: 
Jonathan Karl / ABCNEWS:
To the Rescue: Bush to Give Low-Interest Loans to Carmakers  —  Obama Team Agrees to Bush's Strategy  —  The White House has decided to come to the rescue of General Motors and Chrysler by providing them with $17.4 billion in low-interest loans to keep them afloat, ABC News has learned.
RELATED:
The Politico:
Bush announces $17.4 billion auto bailout  —  President Bush stepped in Friday to keep America's auto industry afloat, announcing a $17.4 billion bailout for GM and Chrysler, with the terms of the loans requiring that the firms radically restructure and show they can become profitable soon.
Andrea Tantaros / Fox News:
White House to Loan Auto Industry $17.4B  —  The White House will provide low-interest loans to General Motors and Chrysler, FOX News has confirmed.  —  FOXNews.com  —  The federal government will enable Detroit's ailing automakers to survive a little longer by providing $17.4 billion …
Discussion: Sister Toldjah
Washington Post:
Bush to Provide Emergency Loans to Big 3  —  The troubled U.S. auto industry will receive emergency loans of $13.4 billion from the federal government in return for an extensive restructuring of its outstanding debt and labor costs over the coming year, according to administration officials.
Discussion: The Moderate Voice and Spin Cycle
Roger Runningen / Bloomberg:
GM and Chrysler Will Get $13.4 Billion in U.S. Loans
Washington Post:
Advocates for Action on Global Warming Chosen as Obama's Top Science Advisers  —  President-elect Barack Obama has selected two of the nation's most prominent scientific advocates for a vigorous response to climate change to serve in his administration's top ranks, according to sources …
RELATED:
Mike J / Andrew Bolt:
Column - The 10 worst warming predictions  —  GLOBAL warming preachers have had a shocking 2008.  So many of their predictions this year went splat.  —  Here's their problem: they've been scaring us for so long that it's now possible to check if things are turning out as hot as they warned.
Jeff Poor / The Business & Media Institute:
CNN Meteorologist: Manmade Global Warming Theory ‘Arrogant’  —  Network's second meteorologist to challenge notion man can alter climate.  —  Business & Media Institute  —  Unprecedented snow in Las Vegas has some scratching their heads - how can there be global warming with this unusual cold and snowy weather?
Discussion: Don Surber and Babalu Blog
Tim Weiner / New York Times:
W. Mark Felt, Watergate Deep Throat, Dies at 95  —  W. Mark Felt, who was the No. 2 official at the F.B.I. when he helped bring down President Richard M. Nixon by resisting the Watergate cover-up and becoming Deep Throat, the most famous anonymous source in American history, died Thursday.
RELATED:
Washington Post:
‘Deep Throat’ Mark Felt Dies at 95
Johanna Neuman / Los Angeles Times:   W. Mark Felt, ‘Deep Throat’ in Watergate reports, dies
Paul Krugman / New York Times:
The Madoff Economy  —  The revelation that Bernard Madoff — brilliant investor (or so almost everyone thought), philanthropist, pillar of the community — was a phony has shocked the world, and understandably so.  The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.
Eric Kleefeld / TPM Election Central:
Franken The Likely Winner As Minnesota Recount Heads To Finish Line  —  Late Update: Norm Coleman's apparent lead has been cut to a mere five votes at the close of business today, according to the running vote count from the Star Tribune, down from a 358-vote lead last night.
RELATED:
Josh Kraushaar / The Politico:
Coleman leads Franken by just 2 votes  —  Two votes is all that stands between Minnesota Republican Sen. Norm Coleman and Democrat Al Franken, according to the Associated Press tally in the state's still-unresolved Senate race.  —  Coleman's shrinking lead, combined with a state Supreme Court decision handed …
Discussion: The BRAD BLOG, Truthdig and Yahoo! News
Pat Doyle / Minneapolis Star Tribune:
Minnesota Supreme Court: Count rejected absentee ballots
Michael O'Brien / The Hill's Blog Briefing Room:
Minn. High Court Ruling Could Help Coleman
Gregg Levine / Firedoglake:
The Warren Problem: Jane on CNN  —  Jane addresses the problems with having Pastor Rick Warren give the invocation at Barack Obama's inaugural on CNN at this hour.  —  Update: Jane spoke with Rick Sanchez who repeatedly asked why “the left” would have a problem with inviting Warren to speak at the presidential inaugural.
RELATED:
Andrew Malcolm / Top of the Ticket:
Obama to gay protesters: Rick Warren's my inauguration pastor pick
Discussion: Riehl World View
Peter Finn / Washington Post:
Plans Being Drawn to Close Guantanamo Prison  —  The Pentagon is drawing up plans to shut the military prison at Guantanamo Bay, Cuba, to be prepared for any order from President-elect Barack Obama, who has promised to close the controversial facility after he assumes office Jan. 20, a defense official said yesterday.
RELATED:
Richard A. Epstein / Wall Street Journal:
The Employee Free Choice Act Is Unconstitutional  —  Free speech and the takings clause are at stake.  —  A top priority of the incoming Democratic Congress and Obama administration is the misnamed Employee Free Choice Act.  The EFCA, as is well known, introduces a card-check procedure …
Discussion: Betsy's Page and RedState
RELATED:
The Politico:
Should the DOJ consider prosecuting Bush administration officials for detainee abuse as the NYT and others have urged?  —  Given the stance he took against what he perceived to be illegal and unethical methods of interrogation during his time at the Office of Legal Counsel …
Discussion: TalkLeft and New York Times
Marcia Kramer / WCBS-TV:
Kennedy Takes A Beating From Upstate Media  —  Reporters Jump All Over Mostly Silent Princess Of Camelot; Mayor Of Syracuse Doesn't Offer Endorsement  —  Who Should Get Senate Gig?  Siena Poll: Cuomo 26, Kennedy 23  —  Reporting  —  Caroline Kennedy took a page from Hillary Clinton's playbook …
NY Daily News:
Caroline Kennedy's voting record proves spotty  —  Caroline Kennedy wants to be the next senator from New York, but her voting record is already spotty, the Daily News has found.  —  City Board of Elections records show Kennedy has failed to vote in many elections since she registered in the city in 1988 …
 
 
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 More Items: 
Jim Yardley / New York Times:
After 30 Years, Economic Perils on China's Path
Discussion: James Fallows
Chris Vogel / Houston Press:
Police Get The Wrong House In Galveston, Allegedly Assault 12-Year-Old Girl
Discussion: The Agitator and Boing Boing
Wall Street Journal:
Democrats Are the New Ethics Story
Alex Rodriguez / Chicago Tribune:
Russia rewriting Josef Stalin's legacy
Discussion: RedState
 Earlier Items: 
Ian Welsh / Firedoglake:
Lies, Damn Lies, and Bank Assets and Liabilities
Discussion: Jay Currie
Pamela Hess / Associated Press:
Report raps ex-White House pair on Iraq claims
Joe Weisenthal / clusterstock.alleyinsider.com:
Brilliant: Credit Suisse To Pay Top Execs With Illiquid Mortgage Securities
Tyler Cowen / Marginal Revolution:
Fiscal policy and the burden of proof
A.C. Thompson / The Nation:
Katrina's Hidden Race War