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1:15 PM ET, December 1, 2008

memeorandum

 Top Items: 
Myglesias / Matthew Yglesias:
Cabinet Rank  —  Some people I know were less-than-thrilled to hear that Susan Rice would be heading to New York as our UN Ambassador since they would have rather seen her take a post in DC where she could help ensure that the Gates/Jones/Clinton “team of rivals” doesn't manage to lock …
Discussion: Eschaton
RELATED:
Roger Cohen / New York Times:
Try Tough Love, Hillary  —  Imagine Ehud Olmert, the outgoing Israeli prime minister, saying this to Barack Obama:  —  “The United States has been wrong to write Israel a blank check every year; wrong to turn a blind eye to the settlements in the West Bank; wrong not to be more explicit …
Discussion: Newsweek, Commentary and The Sideshow
Peter Baker / New York Times:
Choice for U.N. Backs Action Against Mass Killings  —  CHICAGO — President-elect Barack Obama has chosen his foreign policy adviser, Susan E. Rice, to be ambassador to the United Nations, picking an advocate of “dramatic action” against genocide as he rounds out his national security team, Democrats close to the transition said Sunday.
David E. Sanger / New York Times:
A Handpicked Team for a Sweeping Shift in Foreign Policy  —  WASHINGTON — As President-elect Barack Obama introduces his national security team on Monday, it includes two veteran cold warriors and a political rival whose records are all more hawkish than that of the new president who will face them in the White House Situation Room.
CNN:
Obama names Clinton to national security team  —  (CNN) — President-elect Barack Obama on Monday announced Sen. Hillary Clinton as his pick for secretary of state, calling her an “American of tremendous stature who will have my complete confidence.”  —  “Hillary's appointment is a sign …
Carrie Dann / MSNBC:
FIRST THOUGHTS: MADAME SECRETARY
Discussion: The Atlanticist
Wall Street Journal:
India Security Faulted as Survivors Tell of Terror  —  At Tourist Haunts and Train Station, Swiftly Launched Assault Overwhelmed Police; Home Affairs Minister Steps Down  —  MUMBAI — As waiters started setting dinner buffets in Mumbai's luxurious hotels, the killings that would ravage …
RELATED:
Rex Nutting / MarketWatch:
U.S. recession began in December 2007, NBER says  —  WASHINGTON (MarketWatch) — The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday.  The economy reached a peak in December and has been declining since …
Discussion: Newshoggers.com
RELATED:
Lauren Sher / ABCNEWS:
Bush: ‘I Did Not Compromise My Principles’  —  President George W. Bush Says He Will Leave Office With ‘Head Held High’  —  Looking back on his eight years in the White House, President George W. Bush pinpointed incorrect intelligence that Iraqi President Saddam Hussein had weapons of mass destruction as …
RELATED:
ABCNEWS:   Transcript: Charlie Gibson Interviews President Bush
Paul Kane / Washington Post:
Senate Could Give New President Early Legislative Victories  —  As Senate Democrats prepare for next year's agenda, they are likely to have a working filibuster-proof majority on a variety of legislative issues that could provide early victories for President-elect Barack Obama.
RELATED:
Waco Tribune-Herald:
Rep. Rangel may prove Democrats' albatross amid party's loud claims …
Discussion: www.redstate.com
Jack Schofield / Guardian:
Memeorandum runs rings around Google News  —  If you want to know what's happening in the world, then Memorandum will tell you - at least in a couple of areas.  It's an automated news clipping service, known in the trade as a “news aggregator”.  It provides headlines and short texts updated every few minutes …
Andrew Higgins / Wall Street Journal:
How to Combat a Banking Crisis: First, Round Up the Pessimists  —  Latvian Agents Detain a Gloomy Economist; ‘It Is a Form of Deterrence’  —  RIGA, Latvia — Hammered by economic woe, this former Soviet republic recently took a novel step to contain the crisis.
Discussion: The New Republic and Paul Krugman
Matt Apuzzo / Associated Press:
AP IMPACT: US diluted loan rules before crash  —  WASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed.
Discussion: The Heretik and Donklephant
Andrew Breitbart / Washington Times:
Six degrees of Imran Khan  —  ANALYSIS/OPINION:  —  On the evening of Nov. 26, the biggest names in Bollywood walked the red carpet at the Bombay premiere of “The President Is Coming,” a comedy about six 20-somethings vying to win the right to shake hands with President Bush.
Discussion: Power Line and Hot Air
Dorothy Rabinowitz / Wall Street Journal:
Deepak Blames America  —  The media look within to explain the sick delusions of the Mumbai killers.  —  If the Mumbai terror assault seemed exceptional, and shocking in its targets, it was clear from the Thanksgiving Day reports that we weren't going to be deprived of the familiar, either.
Wall Street Journal:
America's Other Auto Industry  —  There is such a thing as a profitable car maker in this country.  —  The men from Detroit will jet into Washington tomorrow — presumably going commercial this time — to make another pitch for a taxpayer rescue.  Meanwhile, in the other American auto industry …
Discussion: Commentary and www.redstate.com
David Carr / New York Times:
Media and Retailers Both Built Black Friday  —  This weekend, news reports were full of finger-wagging over the death by trampling of a temporary worker, Jdimypai Damour, at a Wal-Mart store in Long Island on Friday.  His death, the coverage suggested, was a symbol of a broken culture …
Mary Ann Akers / The Sleuth:
It Hurts To Be John Kerry Today  —  It must have been painful, but at least it was classy.  Sen. John Kerry's (D-Mass.) reaction statement to President-elect Obama's choice for secretary of state was the first to arrive in the Sleuth's inbox (besides, of course, Bill Clinton's).
Discussion: Matthew Yglesias
Paul Krugman / New York Times:
Deficits and the Future  —  Right now there's intense debate about how aggressive the United States government should be in its attempts to turn the economy around.  Many economists, myself included, are calling for a very large fiscal expansion to keep the economy from going into free fall.
 
 
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 More Items: 
BBC:
Cheap sex - the credit crunch is biting under the sheets
Maureen Dowd / Vanity Fair:
What Tina Wants
Discussion: Don Surber and Gawker
Extreme Mortman:
Top Ten Funniest Political Quotes Of 2008
Globe and Mail:
Liberals, NDP firm up deal to topple Tories
Amy Schatz / Wall Street Journal:
FCC Head Pushes Free Web Plan
Discussion: GigaOM and The Moderate Voice
 Earlier Items: 
Neha Singh / Reuters:
Credit card industry may cut $2 trillion of lines: analyst
Discussion: Donklephant
Nia-Malika Henderson / The Politico:
44's speeches not yet on par with 16's
Discussion: Newshoggers.com
Brian Stelter / New York Times:
A Generation of Local TV Anchors Is Signing Off
Discussion: Romenesko
Ivan Watson / NPR:
NPR Journalists Narrowly Escape Car Bombing
Discussion: The Swamp and New York Times