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8:10 PM ET, November 21, 2008

memeorandum

 Top Items: 
Domenico Montanaro / MSNBC:
GEITHNER LIKELY TO BE TREASURY SECRETARY  —  NBC News has learned that the president-elect is preparing to roll out his economic team on Monday — and will personally announce the team and answer questions — part of an effort to reassure markets. … Barring last minute changes …
RELATED:
Jonathan Weisman / Wall Street Journal:
Geithner Tapped for Treasury Secretary  —  New York Federal Reserve Bank President Timothy J. Geithner is to be nominated as President-elect Barack Obama's Treasury secretary, according to a person close to the transition process.  —  The Federal Bureau of Investigation began calling Geithner confidants …
Chris Cillizza / The Fix:
Richardson to Commerce?  —  Is New Mexico Gov. Bill Richardson in line to become Commerce Department chief?  (AP Photo/Alexandre Meneghini)  —  Updated, 1:58 p.m.  —  New Mexico Gov. Bill Richardson has emerged as a “serious contender” to head the Commerce Department under President-elect Barack Obama …
Spencer Ackerman / ATTACKERMAN:
Supreme Clientele  —  The Washington Post's Chris Cilizza has an absurd item about Bill Richardson emerging as a leading contender for commerce secretary.  Apparently Penny Pritzker is out for some sort of thorny — crooked? — business dealings and, let's not beat around the bush, Obama hasn't appointed any Latinos to anything.
Discussion: Matthew Yglesias and The Bellows
Jack Healy / New York Times:
Stocks Soar in Late Trading  —  After two days of punishing losses, Wall Street surged on Friday afternoon after news reports said that President-elect Barack Obama had tapped Timothy F. Geithner, the president of the New York Federal Reserve, to be secretary of the Treasury.
Eric Martin / Bloomberg:
U.S. Stocks Rally as Obama Picks Tim Geithner to Head Treasury
Discussion: News Hounds
Frank James / The Swamp:
Obama picks Geithner for Treasury
Discussion: The Politico and Top of the Ticket
Reuters:
Geithner reportedly picked for Treasury; Clinton still in talks
Discussion: The Caucus
Peter Baker / The Caucus:
Clinton Is Said to Opt for Secretary of State Position  —  Barack Obama and Hillary Rodham Clinton campaigning in Florida in October (Photo: Damon Winter/The New York Times)  —  Hillary Rodham Clinton has decided to give up her Senate seat and accept the position of secretary of state …
RELATED:
Spencer Ackerman / The Washington Independent:
Will Clinton Fill State Dept. With Loyalists?  —  Sen. Hillary Clinton and Sen. Barack Obama (WDCpix)  —  With Sen. Hillary Rodham Clinton (D-N.Y.) almost certain to become President-elect Barack Obama's secretary of state, some foreign-policy experts in the Obama orbit are expressing frustration.
James Pethokoukis / US News:
How Tom Daschle Might Kill Conservatism  —  The GOP strategist had been joking about the upcoming presidential election and giving his humorous assessments of the candidates.  Then he suddenly cut out the schtick and got scary serious.  “Let me tell you something, if Democrats take the White House …
Discussion: Donklephant and QandO
CNN:
Sources: Jones leading choice for national security advisor  —  CHICAGO, Illinois (CNN) - Two sources close to the Obama transition team tell CNN retired Marine Gen. Jim Jones has emerged as President-elect's leading choice to become national security adviser in the White House.
RELATED:
Bloomberg:
Obama Team Said to Explore ‘Prepack’ Auto Bankruptcy  —  Nov. 21 (Bloomberg) — President-Elect Barack Obama's transition team is exploring a swift, prepackaged bankruptcy for automakers as a possible solution to the industry's financial crisis, according to a person familiar with the matter.
RELATED:
Tom Curry / MSNBC:
‘Card check’ best hope for auto workers union?
Discussion: www.redstate.com
Paul Ingrassia / Wall Street Journal:
The Auto Makers Are Already Bankrupt
Marc Elias / Wall Street Journal:
There's Nothing Unusual About the Minnesota Recount  —  I write to set straight just a few of the many false statements made in your Nov. 12 editorial “Mischief in Minnesota?”  —  Sen. Norm Coleman's lead over Al Franken shrunk by about 500 votes between election night and the end of the routine post-election canvass.
RELATED:
Kevin Duchschere / Minneapolis Star Tribune:
Day 3 of the recount: Ballot challenges rise in Ramsey County
Discussion: FiveThirtyEight.com and Daily Kos
Christopher Beam / Slate:
Henry Waxman's victory is the biggest gift Obama could have asked for.  —  Out: Rep. John Dingell of Michigan, the tough, cantankerous eminence grise of the House Democratic caucus (he's 82), who was so deferential to Detroit as chairman of the House energy and commerce committee that Lee Iacocca once said he …
Discussion: Washington Wire
RELATED:
Shane McGlaun / DailyTech:
AP Suspends Use of U.S. Army Photos Over Digital Alteration  —  Army says that photo was altered but did not break Army policies  —  The digital alteration of photos is nothing new in the world of print magazines and newspapers.  Photos on the cover of magazines are frequently digitally altered …
Discussion: Think Progress and Sadly, No!
The Huffington Post:
Sarah Palin Turkey Incident: Does TV Interview While Turkeys Are Slaughtered In The Background (VIDEO)  —  Some videos you just have to see to believe.  On Thursday, Alaska Governor Sarah Palin appeared in Wasilla in order to pardon a local turkey in anticipation of Thanksgiving.
Rowan Scarborough / Washington Times:
EXCLUSIVE: Obama to delay repeal of 'don't ask, don't tell'  —  Advisers see consensus building before lifting ban on gays  —  President-elect Barack Obama will not move for months, and perhaps not until 2010, to ask Congress to end the military's decades-old ban on open homosexuals in the ranks …
Frank James / The Swamp:
Obama sighting at Manny's deli  —  After remaining out of public view for most of the week, President-elect Barack Obama ventured out of his transition office this afternoon to grab lunch at a Chicago landmark.  —  Obama left the Kluczynski Federal Building in the Loop at 12:22 p.m …
Discussion: The Politico
Jennifer M. Freedman / Bloomberg:
American Hypocrisy in Auto Rescue Spurs Me-Too Trade Ire  —  Nov. 21 (Bloomberg) — A U.S.-triggered spate of global carmaker-bailout proposals may spark trade disputes over whether the Americans are unfairly trying to subsidize their industry or just making up for state aid foreign rivals already enjoy.
Discussion: Matthew Yglesias
John Quiggin / Crooked Timber:
End of the beginning?  —  The failure of Citigroup, which looks increasingly likely to happen in the near future, would mark the end of the beginning of the financial crisis.  Until now, the prevailing view has been that the crisis and recession will pass in a year or so, after which things will go back …
Nate Silver / FiveThirtyEight.com:
Did Talk Radio Kill Conservatism? … And then a bit later...  Emphasis mine.  —  This might be the key passage of my interview with John Ziegler on Tuesday, for it is, in a nutshell, why conservatives don't win elections anymore.  It is not that conservatism generally permits less nuance than liberalism …
 
 
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 More Items: 
Mark Silva / The Swamp:
Obama daughters: Private D.C. school
Discussion: The Politico and On Deadline
Philip Hersh / Chicago Tribune:
Obama: ‘Long supported hosting the Olympics’
Discussion: TIME.com
Edward J. Rollins / New York Times:
Yes, Play Politics in the White House
Directorblue / Doug Ross:
Barack Obama and The Wisdom of Crowds
Discussion: Sadly, No! and AMERICAN DIGEST
Cathy Young / New York Times:
From Russia With Loathing  —  SHORTLY before the presidential election …
Discussion: GINA COBB and Eunomia
Eileen Sullivan / Associated Press:
Air patrols, cameras to watch big inaugural crowd
 Earlier Items: 
Michael Falcone / The Caucus:
Résumés for Obama Administration Jobs Surpass 200,000
Discussion: Gawker and TIME.com
Mike Flannery / WBBM-TV:
Obama Advisers To Public: Temper Expectations
Discussion: JammieWearingFool
Alexander McPherson / Los Angeles Times:
The sham of sex harassment training
Discussion: Feministe, Reason and Jezebel
ABCNEWS:
GM Downsizing Jet Fleet, CEO Still Flies High
Discussion: The Swamp
Nate Silver / FiveThirtyEight.com:
Friday eCommerce Interlude
Discussion: Gawker, Alley Insider and Open Left
Jonathan Martin / The Politico:
Would-be appointees quizzed on guns
Discussion: Weekly Standard, Hot Air and TIME.com
Chris Cillizza / The Fix:
The Friday Line: Ten Republicans To Watch
Discussion: www.redstate.com and The Reaction