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10:00 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
John D. McKinnon / Wall Street Journal:
Auto Makers to Get $17.4 Billion  —  The White House announced a $17.4 billion rescue package for the troubled Detroit auto makers that allows them to avoid bankruptcy and leaves many of the big decisions for the incoming Obama administration.  —  Speaking from the White House …
Discussion: The Washington Note
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
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.
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
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
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:
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
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:
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:
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
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
 Earlier Items: 
Alex Rodriguez / Chicago Tribune:
Russia rewriting Josef Stalin's legacy
Discussion: RedState
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
A.C. Thompson / The Nation:
Katrina's Hidden Race War
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing

Chance Miller / 9to5Mac:
A number of Apple users say they were logged out of their Apple ID across multiple devices on April 26 and forced to reset their password before logging back in

Karen Weise / New York Times:
Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending

 
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