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2:35 PM ET, December 1, 2008

memeorandum

 Top Items: 
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).
RELATED:
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 …
Rick Pearson / Los Angeles Times:
Hillary Clinton, Robert Gates on Obama national security team
Carrie Dann / MSNBC:
FIRST THOUGHTS: MADAME SECRETARY
Discussion: The Atlanticist
Chris Isidore / CNNMoney.com:
It's official: Recession since Dec. '07  —  The National Bureau of Economic Research declares what most Americans already knew: the downturn has been going on for some time.  —  NEW YORK (CNNMoney.com) — The National Bureau of Economic Research said Monday that the U.S …
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 …
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 and The Swamp
RELATED:
Peter Baker / New York Times:
Choice for U.N. Backs Action Against Mass Killings
Clay Risen / The New Republic:
Rice on Deck  —  Completely idle speculation here …
Discussion: Hot Air
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:
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 …
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ABCNEWS:
Transcript: Charlie Gibson Interviews President Bush
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 …
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Joe Gandelman / The Moderate Voice:   Take A Peek At Super-Quick Internet News Aggregater memeorandum
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.
RELATED:
Meredith Whitney / Financial Times:
America must keep consumer liquidity flowing  —  As an analyst, it is my job to do fundamental research and call it as I see it, and my bailiwick is financials.  My outlook has been negative for over a year and, technically, I have been “right” on my calls.
RELATED:
Neha Singh / Reuters:
Credit card industry may cut $2 trillion of lines: analyst
Discussion: Donklephant
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
Extreme Mortman:
Top Ten Funniest Political Quotes Of 2008  —  At the end of 2006 we brought you the funniest political quotes of 2006.  —  At the end of 2007 we brought you the funniest political quotes of 2007.  —  Now that we're nearing the end of 2008 it's time for the top ten funniest political quotes of 2008.
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.
Maureen Dowd / Vanity Fair:
What Tina Wants  —  Tina Fey has rules.  They've guided the 38-year-old writer-comedian through marriage, motherhood, and a career that went into hyperdrive this fall, when her Sarah Palin impression convulsed the nation, boosting the ratings of both Saturday Night Live and her own NBC show, 30 Rock.
Discussion: Don Surber and Gawker
BBC:
Cheap sex - the credit crunch is biting under the sheets  —  As the credit crunch bites, Britons may be turning to sex as a cheap way to pass the time, a charity says.  —  A YouGov survey of 2,000 adults found sex was the most popular free activity, ahead of window shopping and gossiping.
Discussion: Fausta's Blog
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 …
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: Donklephant, The Heretik and Wonk Room
 
 
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 More Items: 
Cecile Richards / The Huffington Post:
Sen. Clinton Champions Women's Health Worldwide
Tom Jensen / Public Policy Polling:
Polling the Georgia race
Discussion: Taegan Goddard's …
Michael M. Grynbaum / New York Times:
It's Official: Recession Started One Year Ago
Discussion: TIME.com and Outside The Beltway
The Daily Beast:
How is it Obama can fill a Cabinet faster than NBC can replace Tim Russert?
Discussion: MyDD and Alternate Brain
Roger Cohen / New York Times:
Try Tough Love, Hillary
Discussion: Newsweek, Commentary and The Sideshow
Amy Schatz / Wall Street Journal:
FCC Head Pushes Free Web Plan
 Earlier Items: 
Nia-Malika Henderson / The Politico:
44's speeches not yet on par with 16's
Discussion: Newshoggers.com
Wall Street Journal:
America's Other Auto Industry
Discussion: Commentary and www.redstate.com
Andrew Breitbart / Washington Times:
Six degrees of Imran Khan
Discussion: Power Line and Hot Air